If you missed this special presentation on “Trading Fundamentals: Things Great Traders Do and Never Do” with Mike Bellafiore and John Hoagland from TopstepTrader.com, this is your opportunity to watch it. They discussed what separates great traders from the rest of the pack. Please sign up below to watch the recording: no relevant positions
Options Trading Basics: Choosing an Online Broker
When starting your options trading journey there are many things to consider. One decision that every trader must face is which online broker to use. It is also the most common question that is asked by those searching for the options trading basics. The answer can sometimes be very simple and other times more complex depending on the needs of … Read More
Super Stocks In Play
Hi Mike, Nicely done tonight… You spoke about stocks in play briefly. I am not sure I heard the definition properly for a stock in play. Is the selection a function of Volume only which is +/-3% of overnight volume? Could you briefly define a stock in play? Thanks, Jim @mikebellafiore Thxs for attending our Webinar last night. In The … Read More
My Favorite Candlestick Pattern
Before I get into my favorite candlestick pattern, I want to first mention that I am in the process of writing a book about forex trading for Wiley & Sons. I want this book to be one that will actually help you improve your trading skills. So I am not writing what I think be beneficial to you, instead I … Read More
Steps to Profitable Short-Term Trading
The first step we cover during our interviews with candidates for a position in our NYC office is a series of questions designed to discover a trader’s motivations and goals for entering the business of short-term stock trading. As we cover the questions, we recommend you write them down on a separate sheet of paper and answer them for yourself … Read More
Advantages of Trading Weekly Short Butterflies
Over the past several years, options trading has evolved along two basic directions. The first involves structuring trades that are designed to profit from a particular view of the market. In most cases these positions serve as a proxy for stock ownership: they allow an investor to be long or short in a specific time frame with a certain amount … Read More
Demystifying Options Contracts: Understanding Strike Prices
One of the basic concepts of trading options is the “strike price” of the option. For call options, the strike price is the price at which you have the right to buy the asset before expiration, and for put options the strike price represents the price at which you have the right to sell the asset at expiration. As the … Read More
The Daily Gratitude Exercise
The above is from a slide for my last presentation at an 800 plus event. This exercise has had a profound impact on my trading and trader mindset. Let’s explain the Gratitude Exercise which you might co-opt for your trading. Each day find time to close your eyes and replay three things for which you are grateful. During the … Read More