Learning from the rip in Tesla

BellaBella Daily Update

This week we wrote about how we were hawking a Tesla Bounce Trade.  See Four keys for a Tesla Bounce Trade. Friday we took that trade.  And we took a rip.  See Taking a Rip in Tesla. This weekend we challenged our traders to consider why the trade failed.  See Why did we take a rip in Tesla? Look the rip … Read More

A Tape Trade

sspencerReading the Tape, Steven Spencer (Steve's) Blogs1 Comment

One of the questions I receive most often is regarding trades based strictly on the tape. These occur far less frequently than in years past because of the masking of buyers/sellers by the HFTs but they still do occur from time to time. This morning I was trading AMLN on the Open as it was In Play due to an … Read More