Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about why, because of the increased volatility in the Market recently, it is critical to have developed trading skills
Insufficient Trader Training
In our smallest office in our downtown Manhattan digs I was an actor in this conversation. “We make trading too hard,” said the new, gregarious trader. “I am not sure what you mean. Trading is about learning set ups and then mastering the fifteen subsets of each play,” I replied. “See that is where I think I go wrong. I think trading … Read More
International Trader’s Expo
Please join us at the International Trader’s Expo in NYC Monday, February 15, 2010 from 8:00AM – 9:00AM where Mike Bellafiore will be part of a StockTwits Panel.
SMB Morning Rundown – February 12, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Part of Being a Successful Trader
For those of you who trade as part of a desk I’m sure you have heard expressions like these a thousand times: “I can’t believe I missed that move in XYX. I was wating for that breakout for a week!” “I got stopped out in ABC then it took off!” “I missed getting hit on the bid by a penny … Read More
SMB Morning Rundown – February 11, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Power of Information Shared on the Desk
We all have our strengths and weaknesses as traders. If you don’t know what they are for either side then you are in serious trouble friend. I know I am a good tape reader when there is good order flow in the stock. I also know what the strengths are for some of those who sit around me. And when … Read More
Franchise
Suppose your favorite college team recruited a promising forward. Let’s call him Franchise. Suppose you learned Franchise showed up 20 minutes before game time, dressed, did some light stretching, and then headed for a seat on the bench. Perhaps your favorite college team is covered by a terrific beat writer, sharing interesting tidbits via a team blog that reported Franchise … Read More
