Weekend learning lessons for traders from the prop desk – August 24, 2019

BellaBella Daily Update

What two indicators can this trader add to his SPY trade for better results? How this trader can make better trades ($NVDA Pull In Trade example) How to trade the Butterfly- The Core Strategy on our Options Trading Desk How traders effectively use different strategies intraday Interview with Dr. Brett Steenbarger with Bear Bull Traders *no relevant positions Important disclosures

You choose how you will react to trading obstacles

BellaBella Daily Update

I was met by a smiling trader in the hall who is trading nowhere near as big as he wants, but was thrilled with his recent trading consistency.  His focus was on his happiness with this trading consistency, from which he could see a clear path to grow.  You choose how to react to your trading results. Another international trader … Read More

How one trader turned around his trading

BellaBella Daily Update

Your back is against the wall as a trader.  Simply, you need to make money.  You feel the pressure.  The economic strain is a reality.  Failing at your dream job is a time period away.  That thought is crushing, perhaps soul-crushing. How can you turn this around? Let me share a turnaround story from our trading desk. We sat in … Read More