I haven’t posted in a while. I have been focusing on my trading. I’ll probably post something later this week. But there were a few really interesting articles I’ve seen recently. Links are provided below: Dow could see 4,000 soon. Media market timing is great. Earnings are cyclical. Twenty five top financial blogs.
Advantage–SMB
About 18 months after we created SMB I remarked to Mike that one of our key advantages over other trading desks was a trading philosophy that is not broadly shared amongst our peers. The focus of our desk is to trade things that are In Play. We have a set of criteria used to find these stocks before the market … Read More
Revenge Trading: Just Walk it Off, Friend
A few weeks backs I wrote about catching yourself before disaster hits. In that entry I discuss what happens when you make a couple of mistakes in a row that lead to complete disaster. Then, a couple of weeks back we got a comment in one of our blog posts that touched on this subject. I would like to expand … Read More
Making Money IN AMZN
So I ran out of the office after the Close to grab a couple of slices of pizza. By the time I got back AMZN was trading up 5 points. About six traders on the desk were actively trading it in the after hours. I quickly gathered some information from those who had been watching it. There was selling at … Read More
Trading Multiple Asset Classes
From time to time I get asked during interviews if I trade other asset classes during the trading day. My answer is always yes and no. I do longer term swing trades in the FX market but no, I do not trade both FX and equities intraday very frequently. When I do I tend to lose my focus and do … Read More
Get Your Game Back
Happy New Year. I have been battling some sort of an “on again off again” stomach virus since Christmas that has made me miss many days of trading over the past couple of weeks. But after returning to trading, I have found myself struggling. This gives me a perfect topic with which to start the new year. How to combat … Read More
“How Did You Know to Bid There?”
We are always instructing our traders on the setups that present the greatest risk/reward. If they are involved in these setups trading will be easy. If not they will struggle. I pointed out one such trade to our newest group of trainees. I was trading AAPL on the Open as it was very In Play due to Steve Jobs taking … Read More
Please Make This Trade–Especially SMB Traders
The past twelve months have been a complete roller coaster ride in the energy markets. We watched oil go from $50 to almost $150 and back below $50 again. In fact, the other day it was around $35 per barrel. On New Year’s Eve oil made a powerful up move on very high volume. There was some good money in … Read More