IBM drove on the open after gapping up. At 52 week highs if you did not pay right on the open you were left to watch a 2 point upmove. I am sure many passed on the first ticks opening drive play. Flagging at 180.50 offered our easiest trade which I am sure many did not miss. At 52 week … Read More
Rewind, Replay, Retrace
Today I found the hardest-working new trader on our desk in Steve’s office, my partner, discussing how to get more out of your best trades. Steve explained the topic and remarked, “I thought you might have some ideas Bella.” Yesterday we blogged about knowing you are in an A trade. When Dr. Steenbarger visited our firm last year he was … Read More
I am a Complete Idiot!
Bella discusses his poor stock selection on the Open today.
Vacation is Over
Bella discusses his trading today after a week of vacation.
Trading Unusual Weakness
Many short term traders get killed trading weak stocks on the short side. What is the root cause? The most common error is they have poor entry prices. We all know that a stock in rapid decline is on the radar of every day trader and hedge fund on the Street. This attention creates spikes that some interpret as a … Read More