The weekend is a terrific time to work on your trading game. 1. Working on your IPO game is worth consideration, particularly in such a strong market. SONO was one of the better trades of the week on the long and short side. One developing trader sent me his Trade Management from his SONO IPO PlayBook. 2. One SMB YouTube … Read More
The weekend is a time for study and preparation for the next trading session
The weekend is a time for study and preparation for the next trading session. On our desk, one experienced trader, who went (naked) short into TWTR earningss, reviewed this trade with another veteran firm trader. This other trader expressed the same trade with options and thus limited his risk. The trader who was naked short made more, but recognized the … Read More
Stop losses for stock riches
There is one thing you have to get right at the start, developing stage, and apex of your trading career. Some think getting this one thing right it is optional. There is other work waiting for them. Others fight its necessity to the frustration of those who run trading firms. Those traders either get onboard or are transitioned out. Still … Read More
Weekend trading lessons from the prop desk at SMB
Below we share some videos to help you improve your trading this weekend. It is the work we do when markets are closed that shapes trading performance in real-time. “You can be better tomorrow than you are today!”- Mike Bellafiore Weekend video trading lessons from SMB The worst trade of the week 5 things profitable traders do How to profit … Read More
Meet SMB in Chicago
I am headed to the Chicago TradersExpo July 23 and 24 for a workshop: 8 Lessons from a Proprietary Trading Desk: Success Stories of How and Why These Traders Consistently Make Money If you are in town, sign up here and visit the workshop July 23 at 5:30 PM. If you are a trader in town, please feel free to reach … Read More
SMB trading lessons for the weekend
The weekend is a wonderful time to improve your trading. We hope some of the videos below give you some concrete ideas and trading setups to improve. SMB Goodness How to become a Successful Tader: Lecture at Indiana University How to use technical analysis more effectively with a trade setups from our prop desk The One Low Risk Setup Everyone … Read More
New Webinar: Two trading strategies working best in this trading environment on the prop desk
Merritt Black and I are hosting a NEW webinar: Two Trading Strategies Working Best In This Trading Environment on the Prop Desk. Merritt will present one strategy. And I will present a strategy with the benefits to your trading of: highlighting two trading indicators to help you make better trading decisions giving you a new strategy to test for … Read More