Improve your trading this weekend with these educational videos – recap of the week of May 9, 2020

BellaBella Daily Update

How elite prop traders are taking fewer trades with more size and achieving even larger profits How to completely remove downside risk on a bullish play with Options How the best proprietary traders are reaching new levels (surprisingly) Where the market will trade (Spencer) Trade less, with more size, for more profits *no relevant positions Important disclosures  

Here’s what leads to your trading improvement

BellaBella Daily Update

During the Traders4ACause Las Vegas 2019 conference @Steenbab, trading coach Dr. Brett Steenbarger, articulated the line of the event. Internally, we talk a lot about winning the trading day.  Setting a daily routine and then competing to win each stage is coached.  We did so yesterday with our new trading class, setting standards for them to meet. I expanded on … Read More

Do you train traders who do not make it?

BellaBella Daily Update

A trading friend on twitter asked: and then followed up with: @MikeBellafiore Of course we have traders who do not make it with our trading desk and transition into a new job.  One thing very important to our firm is to “love them on the way in” and “love them on the way out”.  When someone is not successful on … Read More

I just need to eliminate my ehh trades

BellaGeneral Comments

Last night, I was reading the review of one of our traders, Trader A, who wrote, “I just need to stick to my plays that make me money (ETRM, TWTO, GLYC) and just faze out those ehhh ehh trades, I will become very consistent and very profitable.” To Trader A, I responded, ” When u say get rid of ehh … Read More