Do you think you should be doing better as a new or developing trader? The concerns of one SMB Trader and my discussion with him can provide some insight into the best start to your trading career and the importance of culture. Bella, I’ve been thinking about what you said yesterday about being properly prepared. I’ve been getting better … Read More
This is What a Significant Day of Trading Looks Like
Sent to me from an SMB Trader after the close. Hi Bella, A truly significant day for me, in terms of personal achievements. 1) I was never as big as I played today Last night I was very pissed off about myself. I saw so many occasions where I should have been much bigger but I didn’t. I was being a wuss. … Read More
This is a trader’s fault
I received this trading recap from an SMB Trader: I love these types of days where I can keep my tickets really low and keep 95% of what i gross. For some reason when I trade from home, i don’t over trade and am able to keep my tickets really low. maybe because i have other responsibilities when i stay home like … Read More
Five Suggestions for Traders
I was in my office today working on my next book The PlayBook when I got pinged with this from the trading community: Mike, what do you do when you’re a practicing trader, working, saving, and studying to begin trading live, and you feel your motivation begin to peter out. You have this goal but the road there seems like … Read More
The First Lesson of Trading: You Stink
A trader on our desk shared this email sent to him by another trader on our desk. It offers a great lesson to the new and developing trader based on the work of Dr. Steenbarger and a trader’s individual experience. I was reading the first chapter of Enhancing Trader Performance by Dr Steenbarger today and I realized that I was … Read More
Why buying a stock at a higher price can be better
I received this review from a really solid young trader. There are two important trading lessons in his thoughts. Can you spot them? Biggest regret today: not using the information I collected on ITMN as a short. I was watching above 17, I had a long bias, but I chose not to buy it because of what I saw. The … Read More
Getting That One Good Trade
Mike Bellafiore, author of the “trading classic” One Good Trade, was mentioned in Straits Times during his trip to Singapore. To read the article click here: Getting That One Good Trade
Surviving The Volatile Markets And Trade Confidently
Mike Bellafiore, author of the “trading classic” One Good Trade, was mentioned in Shares Investment Magazine during his trip to Singapore. To read the article click here: Surviving The Volatile Markets and Trade Confidently