I met with three young traders in my office Friday after the Close. I tasked for an email sent to me outlining their goals for the next month after a review of April. I am convinced these three traders will become the next very good traders we have developed. That is of course if they continue to work hard. It is … Read More
Don’t Miss The Move
When I’m mentoring one thing traders are surprised at is my ability to “stay with the move”. This is a common struggle of many traders as they try to reach that next level in their trading. Just this one skill alone can go a long ways toward getting you to that next level. The ability to “stay with the move” and … Read More
A note from our floor manager
This was an email our floor manager sent to our desk this AM: Hello, I will be in the office this Saturday morning from 1015AM-1PM. If anyone wants to spend a couple of hours in the office and prepare for the upcoming week I think this would be a great opportunity. I know the weather is going to be nice … Read More
The Internship of a Lifetime
I’m not someone who typically believes in luck, but in this case I feel I barely scrapped by. This internship was a tough one to get. I went through three interviews with Bella, Steve, and Gilbert. I first got in contact with Bella in December for a little career advice, after reading his book. (At the time I was learning … Read More
Another Ridiculously Easy Set Up (BJ)
I just got an email from a developing trader describing the below as “another ridiculously straightforward set up from today.” I chuckled. He had sent me a few already. But as we like to say daily on this teaching blog, it’s about finding the plays that make sense to you and trading them more often and with more size. And … Read More
The Elusive Easy Trade
Is there such a thing? Day trading has its moments and trades that can be considered easier. I really believe this, but how does one find these trades during the day? It takes preparation, experience, and persistence to find easy opportunities. The preparation is the hard work put in every day looking at chart after chart, drawing trend lines, and … Read More
Use the Tape to add size (SLV)
Silver has been on a tear. Yesterday during our AM meeting we discussed some prices that offer excellent risk/reward opportunities. Experienced traders know when something is about to happen. When a stock will really move off of a price. We might not know whether the stock will go up or down. But we know this is the moment. This is … Read More
Traders Ask: What is your deal with overnights?
Hello Bella, My name is Jonathan, and I am a day trader and fan of your SMB Blog and Twitter feeds. I have a trading question for you that I am confident you can help me with; you guys have some serious experience. I understand your style of trading sometimes involves holding day-trade-intended setup overnight. I notice myself, several times, … Read More