I received this email question from one of our new female traders. Yesterday I began to be really vigilant about asking myself a series of questions before each trade. I need to improve on answering each of them accurately and honestly (a goal for today), but I think the practice is hugely helpful. Is there anything you would add to … Read More
This Trader Is Delusional!
On Sundays some SMB Traders send me their weekly results. Here is an example from one trader, who I like a lot and am rooting for, that p***** me off. This week could have big a big week for me and one that has really set in on me bc I lost $1,000 and I wanted to know what happened … Read More
Each of These Opening Drive Trades Are Different
Hi Mike- Hope you’re well. I am a part of your Foundation course and have been enjoying the education thoroughly. One of the skills I’m learning to develop is trade the open in stocks that are In Play. I perused the BBY blog from today and observed the move in INFY on the open. My question for you is are … Read More
How Many Screens Do You Use to Trade?
Hi Bella, I know this question may seem sort of insignificant to others, but I know a trader who uses 10 monitors at his trading desk. Me personally, I just use 2 right now & considering adding a third here soon. I know there may be a bit of a personal preference, but I just thought I’d try and see … Read More
Revealed: How SMB Trader, The King of Men, Navigated BBY Premarket
On Twitter I received this tweet: @rodlivar asked @mikebellafiore is neccesary to stop in the shakeout today in BBY at 13.25 at 09:40 or you could wait for the real level 13.10 or 13 I noticed SMB Trader, The King of Men, did a nice job choosing BBY to trade and traded it well on the open. I asked him … Read More
Tips to Trade Bigger
MIKE- Good evening! I really enjoyed the webinar this evening, that was some good stuff. Lots of good nuggets in there that are practical and applicable. I’ve really been thinking a lot lately about getting bigger responsibly in those key spots where you just HAVE to get bigger and take size. Trying to be harder on myself for not extracting … Read More
Ten Takeaways from a Top Trading Coach for Success in Trading
SMB had an elite trading coach (name cannot be shared for compliance reasons) visit yesterday for an informal presentation with tips on how to improve trader performance. This coach has worked with the top traders in the world, at prop firms, investment banks and hedge funds. SMB Trader, King of Men, put together a list of ten takeaways from this talk. We thought … Read More
Would You Make This Fade Trade? $APOL
I received this trader question via email on fade trading. Here goes: After the (well-known trader coach visit) meeting, I’ve come to realize I don’t ask enough questions from the people who are more experienced than I am. Today was a dull day, lost about $150, I don’t have a lot of talk about except this APOL trade. I’d like … Read More