{"id":2284,"date":"2009-10-19T20:15:24","date_gmt":"2009-10-20T01:15:24","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=2284"},"modified":"2023-04-06T12:59:14","modified_gmt":"2023-04-06T16:59:14","slug":"most-aggressive","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/most-aggressive","title":{"rendered":"Most Aggressive"},"content":{"rendered":"

Good traders pick their spots.\u00a0 Some opportunities allow us to be more aggressive than others.\u00a0 When we spot one of these opportunities we pounce, like a baseball player who takes a healthy cut a 3 and 1 fastball.\u00a0 If we fail to pounce then in our journals we must detail this opportunity so the next time we do.<\/p>\n

During our SMB AM Meeting<\/a>we identified 109.80 and 108.80 as important levels in SPY. \u00a0Knowing these levels provided us an edge intraday today. \u00a0The market stopped trading lower on the Open right at the 108.80 level.\u00a0 Was Mother\u00a0Market listening to our AM\u00a0Meeting?\u00a0\u00a0And then later stocks had trouble trading higher until we clearly held above SPY 109.80. \u00a0In reviewing my work there was an opportunity today where I could have been most aggressive.\u00a0\u00a0Let’s discuss.<\/p>\n

Bear with me as I set the stage.\u00a0 SPY found support at 108.80. \u00a0Then SPY popped to 109.10ish. \u00a0The pullback is the tell. \u00a0Would SPY pullback to 108.80 or would it show more strength into the pullback? \u00a0It showed more strength.<\/p>\n

SPY found support at 108.90, a higher low (more strength), then spiked to 109.20. \u00a0So the pullback was shallower than I expected and the spike was more explosive than anticipated. \u00a0Now we had a market that was starting an uptrend. \u00a0And SPY’s next level was not until 109.80 so we had a lot of room to run.\u00a0 When SPY held this 190.20 this was our opportunity to be most aggressive as intraday traders.<\/p>\n

The strongest stock I was watching intraday at SPY 109.20 was CAT. \u00a0So I bought some more. \u00a0I should have bought even more than I did. \u00a0The market showed us her cards. \u00a0I had a\u00a0safe level to add size\u00a0in CAT at 56.30 (out below 19c). \u00a0This was my time to be most aggressive.<\/p>\n

The market has room to run until resistance at 109.80.\u00a0 CAT was above a level at 55 and acting well intraday.\u00a0 A safe level to enter was offered in CAT.\u00a0 Add this all up and this was my opportunity to be most aggressive today.<\/p>\n

When can you be most aggressive with your trading?<\/p>\n

Best of luck with your trading!<\/p>\n

\"SPY<\/p>\n

\"CAT<\/p>\n","protected":false},"excerpt":{"rendered":"

Good traders pick their spots.\u00a0 Some opportunities allow us to be more aggressive than others.\u00a0 When we spot one of these opportunities we pounce, like a baseball player who takes a healthy cut a 3 and 1 fastball.\u00a0 If we fail to pounce then in our journals we must detail this opportunity so the next time we do. During our … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":2288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[230,4676,30,18],"class_list":["post-2284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mike-bellafiore-bellas-blogs","tag-cat","tag-day-trading","tag-prop-trading","tag-smb-capital"],"yoast_head":"\nMost Aggressive | 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\/most-aggressive\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Most Aggressive | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Good traders pick their spots.\u00a0 Some opportunities allow us to be more aggressive than others.\u00a0 When we spot one of these opportunities we pounce, like a baseball player who takes a healthy cut a 3 and 1 fastball.\u00a0 If we fail to pounce then in our journals we must detail this opportunity so the next time we do. During our ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/most-aggressive\" \/>\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=\"2009-10-20T01:15:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-06T16:59:14+00:00\" \/>\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\/most-aggressive#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Most Aggressive\",\"datePublished\":\"2009-10-20T01:15:24+00:00\",\"dateModified\":\"2023-04-06T16:59:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive\"},\"wordCount\":351,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp\",\"keywords\":[\"CAT\",\"day trading\",\"prop trading\",\"smb capital\"],\"articleSection\":[\"Mike Bellafiore's (Bella's) Blogs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive\",\"name\":\"Most Aggressive | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp\",\"datePublished\":\"2009-10-20T01:15:24+00:00\",\"dateModified\":\"2023-04-06T16:59:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/most-aggressive\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/most-aggressive#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Most Aggressive\"}]},{\"@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":"Most Aggressive | 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\/most-aggressive","og_locale":"en_US","og_type":"article","og_title":"Most Aggressive | SMB Training","og_description":"Good traders pick their spots.\u00a0 Some opportunities allow us to be more aggressive than others.\u00a0 When we spot one of these opportunities we pounce, like a baseball player who takes a healthy cut a 3 and 1 fastball.\u00a0 If we fail to pounce then in our journals we must detail this opportunity so the next time we do. During our ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/most-aggressive","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2009-10-20T01:15:24+00:00","article_modified_time":"2023-04-06T16:59:14+00:00","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\/most-aggressive#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Most Aggressive","datePublished":"2009-10-20T01:15:24+00:00","dateModified":"2023-04-06T16:59:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive"},"wordCount":351,"commentCount":4,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp","keywords":["CAT","day trading","prop trading","smb capital"],"articleSection":["Mike Bellafiore's (Bella's) Blogs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/most-aggressive#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive","url":"https:\/\/www.smbtraining.com\/blog\/most-aggressive","name":"Most Aggressive | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp","datePublished":"2009-10-20T01:15:24+00:00","dateModified":"2023-04-06T16:59:14+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/most-aggressive"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/10\/CAT-10-19-09.bmp"},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/most-aggressive#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Most Aggressive"}]},{"@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\/2284","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=2284"}],"version-history":[{"count":1,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/2284\/revisions"}],"predecessor-version":[{"id":52972,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/2284\/revisions\/52972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media\/2288"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=2284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=2284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=2284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}