{"id":16995,"date":"2012-02-03T10:17:15","date_gmt":"2012-02-03T15:17:15","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=16995"},"modified":"2012-02-03T10:17:15","modified_gmt":"2012-02-03T15:17:15","slug":"copy-this-trader","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader","title":{"rendered":"Copy this trader"},"content":{"rendered":"<blockquote><p><span style=\"font-family: arial, sans-serif; color: #222222;\">A decent day for me to start the month of February.<\/span><\/p>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\">I have experimented a lot of new trading techniques today, and added more elements to my trading. For example, trading a high beta, in-play earning stock like AMZN. In fact, 1\/2 of my daily P&amp;L was generated from AMZN today. 178 was the pre-mkt level we had discussed\u00a0in the AM meeting. AMZN was weak, gapped down, high volume. However, 178 held nicely, and I felt I could risk 10-15c to make 1pt in AMZN. I got long 178.01, and sold AMZN into 179. Stocks like AMZN wouldn&#8217;t be something I look to actively trade at this stage of my career. However, if I see a clean level being held, and intraday chart looks nice, I felt I can put on some risks.<\/span><\/div>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\">Another new element I have added into my trading is after-hour trading. I traded QCOM after hour. Stock is strong, gapped up above 52wk high. My trade was buying into momentum, and selling into strength when slowed. There was a lot of risks since the spread was quite wide, so I only traded 100 shares to begin with. Once I get a hang of after-hour trading, I can begin to take on more risks.<\/span><\/div>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\">In addition to the above mentioned, I have also tried overnight swing trade. In fact. I&#8217;m currently long 100 shares of RENN at 5.05 against 4.89. RENN had sold into strength last 2 days. Volume came into 5 today. After-hour RENN supported 5 level when news on Facebook filed its IPO. This is a sympathy play that I plan to sell into the gap up tomorrow.<\/span><\/div>\n<\/blockquote>\n<blockquote>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: arial, sans-serif; color: #222222;\">Definitely adding some new techniques to my trading.<\/span><\/div>\n<\/blockquote>\n<p>I received this email from one of my favorite developing SMB Traders. \u00a0We can learn from his work.<\/p>\n<p>Take notice of his internal push to step outside of his comfort zone.<\/p>\n<p>Notice how he is working to add plays to his PlayBook that make sense to him.<\/p>\n<p>Copy his emphasis on daily improvement.<\/p>\n<p>Follow his hawking of social media stocks, such as RENN. (We are going to do a webinar on the top 20 social media stocks on 2\/13 before I head to Singapore for a trading presentation.)<\/p>\n<p>Watch how he focuses first on controlling his risk with these new trades.<\/p>\n<p>Applaud his nerve to step into premarket trading with select plays.<\/p>\n<p>This is a very well taught trader \ud83d\ude42<\/p>\n<p>What do you like about this piece of his daily above?<\/p>\n<p>Bella<\/p>\n<p><a href=\"http:\/\/www.amazon.com\/gp\/product\/0470529407\/ref=s9_simh_gw_p14_d4_g14_i1?pf_rd_m=ATVPDKIKX0DER&amp;pf_rd_s=center-2&amp;pf_rd_r=1W6HSCSGP0VQH5RSMV08&amp;pf_rd_t=101&amp;pf_rd_p=470938631&amp;pf_rd_i=507846\">One Good Trade<\/a><br \/>\n<a href=\"http:\/\/twitter.com\/smbcapital\"><img decoding=\"async\" src=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" alt=\"\" \/><\/a><\/p>\n<p>no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A decent day for me to start the month of February. I have experimented a lot of new trading techniques today, and added more elements to my trading. For example, trading a high beta, in-play earning stock like AMZN. In fact, 1\/2 of my daily P&amp;L was generated from AMZN today. 178 was the pre-mkt level we had discussed\u00a0in the &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1964,1828,1193,653,1996,1354,1989],"class_list":["post-16995","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-learn-to-trade","tag-smbu","tag-trader-education","tag-trader-training","tag-trading-class","tag-trading-coach","tag-trading-course","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Copy this trader | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Copy this trader | SMB Training\" \/>\n<meta property=\"og:description\" content=\"A decent day for me to start the month of February. I have experimented a lot of new trading techniques today, and added more elements to my trading. For example, trading a high beta, in-play earning stock like AMZN. In fact, 1\/2 of my daily P&amp;L was generated from AMZN today. 178 was the pre-mkt level we had discussed\u00a0in the ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-03T15:17:15+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Copy this trader\",\"datePublished\":\"2012-02-03T15:17:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\"},\"wordCount\":413,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage\"},\"thumbnailUrl\":\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\",\"keywords\":[\"learn to trade\",\"smbU\",\"trader education\",\"trader training\",\"trading class\",\"trading coach\",\"trading course\"],\"articleSection\":[\"Mike Bellafiore's (Bella's) Blogs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\",\"name\":\"Copy this trader | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage\"},\"thumbnailUrl\":\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\",\"datePublished\":\"2012-02-03T15:17:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage\",\"url\":\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\",\"contentUrl\":\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Copy this trader\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\",\"name\":\"Bella\",\"description\":\"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.\",\"sameAs\":[\"https:\/\/www.smbtraining.com\/blog\/bellas-blog\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/bella\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Copy this trader | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader","og_locale":"en_US","og_type":"article","og_title":"Copy this trader | SMB Training","og_description":"A decent day for me to start the month of February. I have experimented a lot of new trading techniques today, and added more elements to my trading. For example, trading a high beta, in-play earning stock like AMZN. In fact, 1\/2 of my daily P&amp;L was generated from AMZN today. 178 was the pre-mkt level we had discussed\u00a0in the ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2012-02-03T15:17:15+00:00","og_image":[{"url":"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png","type":"","width":"","height":""}],"author":"Bella","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"Bella","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Copy this trader","datePublished":"2012-02-03T15:17:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader"},"wordCount":413,"commentCount":3,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage"},"thumbnailUrl":"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png","keywords":["learn to trade","smbU","trader education","trader training","trading class","trading coach","trading course"],"articleSection":["Mike Bellafiore's (Bella's) Blogs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/copy-this-trader#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader","url":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader","name":"Copy this trader | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage"},"thumbnailUrl":"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png","datePublished":"2012-02-03T15:17:15+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/copy-this-trader"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#primaryimage","url":"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png","contentUrl":"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png"},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/copy-this-trader#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Copy this trader"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161","name":"Bella","description":"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.","sameAs":["https:\/\/www.smbtraining.com\/blog\/bellas-blog"],"url":"https:\/\/www.smbtraining.com\/blog\/author\/bella"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/16995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/144"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=16995"}],"version-history":[{"count":0,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/16995\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=16995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=16995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=16995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}