Quint Tatro, author of Trade the Trader and the portfolio manager of the Tatro Capital Tactical Appreciation Fund, stopped by SMB Training to talk with some new trainees. In this video below Quint discusses his favorite technical trades, how he rips through 2600 charts every night, and his worst trade.
Someone Else’s Trading Cannot Fix Your Trading
I was on a call yesterday with an experienced trader who wants to do better. I also had a long talk this week with some new traders who want to do better. Finally, I received a ton of emails this month from developing traders who all want to do better. The above will never end. My most important task with … Read More
Traders Ask: Why did I struggle this month?
Dear Mr. Bellafiore, I am a daily reader of the SMB blog and I also really enjoyed your book. I have e-mailed you a couple of times before, and I respect your opinion greatly. I am writing because I am currently going through a difficult time with my trading. I started trading at the beginning of 2009, and have been … Read More
An idea to help improve your trading
Today we had an SMB Tradecast reviewing a play for the SMB PlayBook. A trainee records their best trade of the day in our SMB PlayBook template form and then sends me and the desk the trade. I choose the plays that I want to review for future SMB Tradecasts. An idea was shared that you might was to co-opt. … Read More
Why I covered JBL at the bottom :)
JBL was on the minds of most intraday traders around me this AM. It was mentioned in our SMB Training AM Meeting. Before the open I ask traders around me what they will be trading. Adam? Sammy? Andrew? Jeff? Peter? Tarhini? All but one did not mention JBL as one of the top three stocks on their screens. We opened … Read More
What the market taught me last week
Are you reviewing your trading solely based on your P&L? Is your focus on what you learn from the market or how much cash you are taking out? Do you do a weekly review? Below is a weekly review by a new mentee that the developing trader might implement with their trading. Hi Bella, The following is my weekly review … Read More
Traders Ask: How ’bout that cover? (ANR)
Hi Mike, you have been very generous to answer a couple of my questions in the past, I am hoping you can offer some insight on what I find is a common trading dilemma. I traded the following setup this morning. I went short ANR at 19.95 at 9:47. Briefly my idea was: 1. ANR has been in play the last … Read More
Caught in an overflip (CAVM)
I haven’t been this mad at myself as a trader in a long time. After the trade I vocalized, “That was such a stupid trade. That is exactly how not to trade.” I was pissed. Furious. I had a family issue that placed me in a foul mood right before the Open. To the point where I almost got up … Read More