In this video Mike Bellafiore discusses his thought process while trading the SPY, including other indicators to also watch.
Finding Edge with This Volatility Filter
Andrew shows how using a simple volatility filter can improve results of directional trades.
A Look at Markets Going Forward
In this video Mike Bellafiore discusses the markets going forward and the relationship to oil as well as some other key things to pay close attention to.
Ask anything: can you beat the markets?
Hi Mike, I have heard that there are roughly 50,000 professional traders and 20M want-a-bes. That’s about 1 in 40 and even though those are not good odds I am happy to know that it is possible to do. I have struggled with day-trading. But I have found using options trading longer term chart patterns (weeks and months) that I … Read More
Trend-Following in Life and the Markets
Traders are always trying to improve their game. Beginners usually jump from strategy to strategy in search for some holy grail that will always win no matter what the markets do. Pro traders outguess their gut and their systems in attempts to make or save an extra buck. Such efforts are usually self-correcting by losing money. I believe we all … Read More
Using LRC to Create and Hedge Positions in Multiple Markets
The LRC Channel has a twofold purpose. First, you can use it to leg into index credit spreads with higher statistical probability of success. Second, you can use the direction of the LRC (linear regression curve) to trade the trends in individual stocks. Here is a recent example: The center line on $C (Citigroup Inc) indicated a long trend direction … Read More
Are You Too Smart For the Forex Market?
Throughout our entire upbringing we are conditioned to believe things like getting good grades leads to great rewards. This concept plays out well in the medical and law professions for the most part. These people get paid for being smart. Now when it comes to trading the financial markets as a profession, being too smart can often hurt you despite … Read More
Take Your Normalcy and Shove It
Recently there’s been more talk and trading of certain ultrashort ETF’s on our trading desk. It seems as the downside move in SRS from over 270 was missed and it cracked 100 that the popularity rose as maybe a trade-worthy stock. So, though I am not certain of this, the stock seems to be more heavily traded at these prices, … Read More