If you are trading a stock “Off the Beaten Path”, without the overriding order flow what in the tape is important? With these types of plays there are opportunities to be found everyday. These plays though require a tape reading skill that has some differences from the skills employed in trading the fresh news, overriding order flow, type plays. One of the main … Read More
A Point of Clarification
We teach our traders/trainees/community to start thinking about the markets as we do. We make decisions based on three factors: Reading the Tape, Intraday Fundamentals, and Technical Analysis. We ask our desk to find the Stocks in Play. We ask our desk to trade intraday. It is our belief that this is the best way for a new and developing trader … Read More
Don’t Be Satisfied
SMB has had a nice run the past three weeks. And as traders we should always enjoy the good times. We spoke to our desk after the Close about one thing that merits some mention. They can do even better. For the developing trader it is important to keep pushing yourself. If you have been trading for less than three … Read More