{"id":44634,"date":"2016-12-12T17:34:58","date_gmt":"2016-12-12T22:34:58","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=44634"},"modified":"2016-12-12T17:39:02","modified_gmt":"2016-12-12T22:39:02","slug":"two-ways-to-make-more-in-opht","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht","title":{"rendered":"Two ways to make more in OPHT"},"content":{"rendered":"

\"dailyvid0929\"<\/p>\n

I gave a Junior Trader a hard time in our review after the close for not holding a winner longer.\u00a0 In all fairness, I should do the same for my trading.\u00a0 There are two areas where I could have traded OPHT better, consistent with trading that makes sense to me.<\/p>\n

I like trading stocks like OPHT.\u00a0 They had horrible news in a very important drug for them (see below).\u00a0 This breeds a LOD opportunity for my trading system.<\/p>\n

\"opht\"<\/p>\n

The intraday chart pattern set up very nicely, with OPHT unable to trade below 5.85, nor above 6.10.<\/p>\n

\"optt1\"<\/p>\n

I made some money trading OPHT today.\u00a0 But I need to do two things better when trading such an opportunity that fits my trading wheelhouse.<\/p>\n

    \n
  1. I need to hit much more for a scalp below 5.85.<\/li>\n
  2. I need to increase my swing short from below 6.10 area when OPHT trades below 5.85 for LOD Trade2Hold.<\/li>\n<\/ol>\n

    I was swing short below 6.10 and 6.25 from the open and holding for a Trade2Hold LOD trade.\u00a0 But when OPHT trades below a price that it couldn’t for the entire day, I need to add to my swing short.\u00a0 I did.\u00a0 But not by enough.\u00a0 Doing so would have made me much more and still offered an excellent R\/R.\u00a0 Plus, the trade was working.<\/p>\n

    Further, while I do not like to scalp trades that I am swinging, I should have below 85c.\u00a0 It NEVER traded below there in a stock searching for its new low and with LOD possible because of the negative news catalyst.\u00a0 Even though the move for the scalp trade was only 20c, I have edge there.\u00a0 And I need to be in much more size for that scalp than I was.\u00a0 I am simply leaving free money on the table by not taking that trade with more size.<\/p>\n

    \"optt2\"<\/p>\n

    We need to make more from the trades that work and fit our trading style!<\/p>\n

    Related posts<\/strong><\/p>\n

    This is when you should call yourself a jacka$$<\/a><\/p>\n

    What we have learned from mentoring\/coaching traders<\/a><\/p>\n

    It is all BS<\/a><\/p>\n

    *no relevant positions<\/p>\n

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

    I gave a Junior Trader a hard time in our review after the close for not holding a winner longer.\u00a0 In all fairness, I should do the same for my trading.\u00a0 There are two areas where I could have traded OPHT better, consistent with trading that makes sense to me. I like trading stocks like OPHT.\u00a0 They had horrible news … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":44636,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4674,5223,83,81,1035,2044,1354,1349],"class_list":["post-44634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-one-good-trade","tag-opht","tag-scalping","tag-smb-training","tag-swing-trading","tag-trader-taining","tag-trading-coach","tag-trading-mentor"],"yoast_head":"\nTwo ways to make more in OPHT | 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\/two-ways-to-make-more-in-opht\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two ways to make more in OPHT | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I gave a Junior Trader a hard time in our review after the close for not holding a winner longer.\u00a0 In all fairness, I should do the same for my trading.\u00a0 There are two areas where I could have traded OPHT better, consistent with trading that makes sense to me. I like trading stocks like OPHT.\u00a0 They had horrible news ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht\" \/>\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=\"2016-12-12T22:34:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-12-12T22:39:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"888\" \/>\n\t<meta property=\"og:image:height\" content=\"977\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\/two-ways-to-make-more-in-opht#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Two ways to make more in OPHT\",\"datePublished\":\"2016-12-12T22:34:58+00:00\",\"dateModified\":\"2016-12-12T22:39:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht\"},\"wordCount\":350,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg\",\"keywords\":[\"One Good Trade\",\"OPHT\",\"Scalping\",\"smb training\",\"swing trading\",\"trader taining\",\"trading coach\",\"trading mentor\"],\"articleSection\":[\"General Comments\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht\",\"name\":\"Two ways to make more in OPHT | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg\",\"datePublished\":\"2016-12-12T22:34:58+00:00\",\"dateModified\":\"2016-12-12T22:39:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg\",\"width\":888,\"height\":977},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Two ways to make more in OPHT\"}]},{\"@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":"Two ways to make more in OPHT | 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\/two-ways-to-make-more-in-opht","og_locale":"en_US","og_type":"article","og_title":"Two ways to make more in OPHT | SMB Training","og_description":"I gave a Junior Trader a hard time in our review after the close for not holding a winner longer.\u00a0 In all fairness, I should do the same for my trading.\u00a0 There are two areas where I could have traded OPHT better, consistent with trading that makes sense to me. I like trading stocks like OPHT.\u00a0 They had horrible news ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2016-12-12T22:34:58+00:00","article_modified_time":"2016-12-12T22:39:02+00:00","og_image":[{"width":888,"height":977,"url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg","type":"image\/jpeg"}],"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\/two-ways-to-make-more-in-opht#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Two ways to make more in OPHT","datePublished":"2016-12-12T22:34:58+00:00","dateModified":"2016-12-12T22:39:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht"},"wordCount":350,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg","keywords":["One Good Trade","OPHT","Scalping","smb training","swing trading","trader taining","trading coach","trading mentor"],"articleSection":["General Comments"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht","url":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht","name":"Two ways to make more in OPHT | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg","datePublished":"2016-12-12T22:34:58+00:00","dateModified":"2016-12-12T22:39:02+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/12\/optt1.jpg","width":888,"height":977},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/two-ways-to-make-more-in-opht#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Two ways to make more in OPHT"}]},{"@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\/44634","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=44634"}],"version-history":[{"count":0,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/44634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media\/44636"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=44634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=44634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=44634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}