I’m a newbie, trading for my second month live at a young prop office in Moldova, been trading my account unsuccessfully for almost 2 years before this. I wanted to share a short story of Thursday’s trading. In the morning I couldn’t find any good opportunities for my approach to the Market, but then came the news in BP and … Read More
The Risk of Shorting a “Low Float” Stock– $DGLY
While I was in Nantucket on vacation DGLY popped from $4 to $8. I began to talk to our traders about further upside and the inherent risks associated with shorting a “low float” stock. This video expands a bit on my thought process. Enjoy! Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in … Read More
We are Hiring! Trading Floor Manager in NYC
Our trading desk in NYC is looking for a new Floor Manager. If you are interested, please apply here. We are looking for someone with trading and supervisory experience to work on and oversee the trading floor in our NYC office. Ideal candidates will have considerable experience in both trading and overseeing traders and trading risk. (This position will also … Read More
Top Ten Trading Books
I had a wonderful conversation with a retail trader who has read 194 trading books. Wow! This gentlemen has a passion for trading and reading about trading. I was actually speaking to him about our firm backing his trading. He has developed a track record while working full-time in the Heartland. For those of you trading retail who dream of … Read More
The First Trade We Teach (An Example with $DSW)
Good afternoon. I hope this email finds you well. I have spent many hours over the past few weeks reviewing your YouTube videos, blog posts and anything else that I can get my hands on that offers a glimpse into how your trading desk makes money. I’m about 2/3 of the way through your book One Good Trade I have been … Read More
Should You Quit Your Job to Trade?
Dear Mr. Bellafiore, Hello my name is Jeffrey, first off I’d like to thank you for the information in your book “one good trade” it’s been very helpful. I’ve been day trading for 2 1/2 years now. I can’t trade stocks because of my work schedule but do take advantage of the Future and Currency markets. I’ve come to realize … Read More
Options Trading for Income with John Locke for August 25, 2014
Risk Disclosure No relevant positions John Locke – www.lockeinyoursuccess.com
Today I Will Trade Big!
An experienced trader stepped into my office frustrated with me. He wanted to know why I questioned his position size in a $TWTR breakout trade. The exchange we had offers a lesson on getting bigger as a trader for the trading community. First, let me say that I loved this trade position in $TWTR. And I loved that he was … Read More