Bears Don’t Exist, Think Like a Bull

smbcapitalGeneral Comments5 Comments

This is a guest post from Fred Barnes aka @DCDaytrader: I recently had a conversation with a few somewhat novice traders. For us traders who don’t have the 2007-2008 market experience on our resumes, we’re looking at the recent market activity in awe. Watching the quote screen (of the $ES_F) in August (2011) required the skills of a speed reader. … Read More

A Case of Bias Conflictus on SOA

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This is a guest post from a young trader, CP Bias conflictus is a condition that can interfere with proper reads on stocks in a tape reading environment. This bias, for whatever reason, holds sway over the the obvious information on the tape. Seems a case of the ‘irresistible pull of irrational behavior’ (check out the book ‘Sway’ by Brafman). … Read More

Why Do You Trade? And Why This Matters So Much for Your Performance!

BellaKatz's Korner3 Comments

Michael Martin from @martinkronicle contends in this interesting piece that Tiger Woods has not regained his golf dominance because he has lost his real reason to play golf. I forwarded this article to an elite performance coach Dr. Jonathan F. Katz of High Performance Associates and asked for his feedback and how this relates to us as traders……… My reaction to this piece…is … Read More

What do you need to fix first about yourself before you can become a better trader?

BellaGeneral Comments2 Comments

I was at dinner last night with a highly successful manager.  She had just landed the top account at her multi-billiondollar financial firm.  Over fettuccine noodles and chicken Pad Thai she continued that the firm contemporaneously placed her into a special training program for their star performers. Her boss warned that the program would be difficult, expose her weaknesses and uncover uncomfortable things about … Read More

The Trading of Past Trading

BellaMike Bellafiore's (Bella's) Blogs4 Comments

Dr. Andrew Menaker, noted trading psychologist, and I spoke briefly on the phone today about a lecture he will give to SMB. He asked for topics. I gave one and then another which I am pretty sure gets undercovered.   We talk and write often about trading on tilt. That state of mind where your judgement is impaired, literally, and you … Read More