Here’s an email exchange between a trader and me that demonstrates the importance of making trades your own. — I’m curious about what your thoughts are on this tweet (below). I thought you might appreciate it. I’m enjoying The Playbook, and I enjoyed reading One Good Trade several months ago as well. Thanks for all that you do. Trend play … Read More
Profitable Discretionary Traders Should Trade on Proprietary Trading Platforms
Bella, I have a question regarding last Tuesday’s session on October 8. I don’t attend Tuesday’s sessions live due to me being tired and the time zone difference. Anyway my question is: You mentioned that traders should seek other than off the shelf platforms in order for them to make more than they consistently do, assuming that they are doing … Read More
Breaking Through as a Trader
Hi Mike, Firstly, I just want to say thank you for your Webinar yesterday for the Big Mike Forum. I’m sure you’re ridiculously busy, but if you have a moment to answer one question, I would greatly appreciate it. You mentioned an SMB trader that needed to take a break in the summer and was able to turn things … Read More
Trading Quote of the Day – November 13, 2013
The Trading Quote of the Day has to be from this pro trader who sent me an e-mail about a point I made during a Webinar we did last night with BigMikeTrading. He wrote: We’re just a flea on (the) back of (an) elephant going for the ride. You can see the entire e-mail and its context below. Hey Mike, … Read More
How Do We Improve This Trader’s Performance?
Hello Mike, I had a quick question for you: I’m currently experiencing a small draw down and was trying to formulate a plan on what are the steps I need to take going forward so that I can get back to being profitable. I came up with some questions I should ask myself and some actions I must take to … Read More
10 Steps Ahead of the Market
Hi Mike, How’s it going? Hope your family and trading have been well. I am improving as a trader. These days I am net positive month on month. However, I’m still not elevating my performance to the level I want it to be. It’s frustrating because I know I’m capable of so much more. I want to get my brain … Read More
All Good Traders Must Have a Nickname
Mike Bellafiore, Hello. I want to say thank you for a wonderful book, One Good Trade! In Russia there is nothing like this book. I have not yet started trading, as do the study of the theory and the accumulation of money for shopping schea, but I’m sure that if I follow all the rules you set, it will reduce … Read More
A Profitable Weekly Options Trade in $MSFT
Almost five years ago two of the better traders ever trained by SMB asked for risk with longer term positions. We loved these guys and had all the confidence in their trading ability. After a period of huge gains the firm had had a particularly bad month and these two traders were not trading their intraday accounts well. Bad timing … Read More