FDO gapped down and then made a sharp downmove on the open. I caught some of the downmove with a Momentum Trade. But then the momentum short was over and I had a decision. Do I look to trade $FDO for a bounce or for a continuation move? I chose the former and will explain w1hy. The market has been … Read More
Finding the Right Trading Product and Style
Mike-Great thought provoking post (The biggest question for a trader) as usual. Is there a way to determine what product and type of trading fits a trader? Does it really take trial and error? Has to be a better way….any insight here? Thanks BP @mikebellafiore Thxs for reading as always BP. 1) You can take a personality test and use … Read More
The Biggest Question for a Trader
Hi Bella, When I started out to go day trading, I feel as though I have wasted allot of money and time on so-called “education”. I can tell you that I have spent over 10k in it. A friend recommended (********) to me and I took their course. They made it seem so easy with patterns and MAs. … Read More
The World’s Leading Traders Charity Webinar
Join Mike Bellafiore, author of One Good Trade, 4:30 to 5:30pm EST on Thursday 26th May for a charity webinar to assist earthquake victims in New Zealand and Japan. Mike’s webinar is titled: The PlayBook: Set ups for Your PlayBook. Set ups that you can make your own Plays our desk are using in this market Set ups to trade … Read More