Good Morning Mr. Bellafiore, I’ve been reading your book One Good Trade where you talk about traders doing exercises on exiting losing trades. This seems to be my main problem. I’ve had weeks where I’m up close to five figures then on one day give it all back and then some. Mainly because I get this deer in headlights feeling … Read More
2 Paths to Making More as a Trader (not one!)
I want to share an important lesson I have learned observing many elite traders. It is a lesson that some have not yet learned as they seek to make more money. It troubles me that some think there is only one path to make more money, when that is just not true. Let me share a recent anecdote on our … Read More
Give me your honest opinion (on my trading)
Mr.Bellafiore, I have been trading for a year and a couple of months now. In April of last year I began trading with (redacted), I enjoy trading with them and have taken their …. course. as well as other courses within their offering. This has been valuable to my trading in Identifying the Fundamentals. Recently, I began using Tradervue after … Read More
Trading does not have to be an individual sport
Trading does not have to be an individual sport. What if you looked at your trading career differently? What if you gave yourself as many chances to succeed as you could? What if instead of viewing your trading career as merely the result of your discretionary trading, there was much more opportunity? Wouldn’t that significantly increase your chances of success … Read More
A Month of Trading Poorly is Too Long
A month of trading poorly is too long. During our recent monthly trader reviews, we made this point to three separate traders, on 3 different teams, with 3 different levels of experience, 3 different trading styles, and after 3 different month’s of production. You do not want to be at your trading station reviewing your month and grade yourself poorly … Read More