Thank you Covid!

BellaBella Daily Update

I got Covid for the first time this week.  Many on the desk didn’t miss their opportunity to tease me about being the last person on earth to get it.  My son got it as well.  That meant a trip to our house on the Jersey Shore to isolate from mom, his sister, and others.  So it was just the … Read More

Taking a Rip in Tesla

BellaBella Daily Update

We shared that we have been hawking a potential Bounce Trade in Tesla.  I spelled out Four Keys for a Tesla Bounce Trade.  Some on the desk pounced on a Bounce Trade in Tesla after SEEING it.  They took rips as the trade failed.  Let’s discuss an important reality to being a professional trader. Taking losses is part of the … Read More

Mastering Tesla Bounce Trades: Four Key Strategies

BellaBella Daily Update

Many trading eyes are waiting for a $TSLA bounce.  Let me share four keys (not all of them) to trade this opportunity well as an active trader. Sensing too many traders were positioning for a bounce *too early*, I shared this tweet with the trading community: My goal was to remind traders they needed to be specific about the Bounce … Read More

Team Good2Gr8! at SMB

BellaBella Daily Update

At SMB we identified an important goal for 2023.  That goal is to help *good* traders become *great*.  We call it Team Good2Gr8!.  The goal is raise the floor on our good traders to improve these traders and the firm.  One exciting new best practice has come from Team Good2Gr8! that could help your trading. @TheOneLanceB, Legend, is assisting in … Read More

9 Trading Lessons Essential for Today’s Market

BellaBella Daily Update

1. Develop your system to short circuit trades that do not feel right. What you certainly DO NOT want to do is short circuit a trade based on your feel before developing your system to do so.  That could lead you to prematurely exiting a good r/r trade. 2. Do your Daily Report Card without fail. Watch: How the Daily … Read More

10 Key Takeaways from March Trading (from the Prop Desk)

BellaBella Daily Update

1. Gchat an accountability partner to help you trade bigger. One junior trader had a breakout month in March.  During his Team monthly review, this junior trader attributed the below as a big reason for this success:  During the 5-6 biggest opportunities of the month, he sent a Gchat to an accountability partner, outlined why the opportunity was worthy of … Read More