I received this note from a pissed short-term trader: You could probably do a blog post on the term “daytrader”…….i.e., how this is negatively perceived by the majority outside of trading…..and even some within trading. Daytraders are portrayed as reckless, void of knowledge, gamblers, and somehow the piranhas of the trading community. Pisses me off. Which why I also do … Read More
How Do I Find a Firm to Back My Trading?
Hi Mike. I’ve been a long-time reader of your blog and not only love your analysis of the markets, but also how you always point out the hard work it takes to be a great trader. I’ve been trading full time for four years now. I started trading equities based on fundamentals, lost $2k in six months. I read about … Read More
Should I Forget Intraday Trading and Just Swing Trade?
Good afternoon Bella! I wanted to send you a quick email to get your experienced opinion on a current issue I’m dealing with. Namely, style of trading. I have closely followed SMB’s educational material/webinars/blogs, and tons of it makes sense and has been very helpful in my personal trading. Making money day in day out with short term trading is … Read More
Mike Bellafiore’s Presentation at The Trading Show Chicago
The Trading Show Chicago is considered North America’s leading trading event where traders, quant investors and exchanges come together to explore new advances in trading strategy, quant models, and technology. The event consists of an exhibition, seminars, and a strategic conference. This year Mike, see his latest book The PlayBook, discussed “A Prop Firm’s Transition to Building Multi-Product, Multi-Market Discretionary … Read More
The PlayBook is Getting Great Reviews!
Mike Bellafiore’s new book, The PlayBook, will be published on July 17, 2013. You can pre-order the book now, and once you receive it you can take advantage of some special offers. In the meantime, check out these great notices! “Written by one of the world’s best trading coaches, The PlayBook traders who do not trade U.S. equities how a pro does. At … Read More
What is the Best Personality Type for a Trader?
An email I recently received: Hi Mike, Thanks for your beautiful blog. I am one of your many blog followers and find it very insightful. My question is this: from your experience, what is the best Personality type (Myers-Briggs – MBTI test) for the pursuit of trading ? Is there a type that have the biggest potential for success at … Read More
Mike Bellafiore at The Trading Show Chicago, Tuesday, June 25
The Trading Show Chicago is considered North America’s leading trading event where traders, quant investors and exchanges come together to explore new advances in trading strategy, quant models, and technology. The event consists of an exhibition, seminars, and a strategic conference. This year Mike will be delivering a speech, scheduled for June 25 at 1:20 at the Downtown Marriott, called … Read More
Should I Use Fibonacci Levels?
Mike, I’m wondering if you can answer a question that I have given some thought for some time. Do you find Fibonacci retracement useful? Has it worked for you or SMB in the past (and beyond what could be from simply random chance)? I can’t find any studies with RELIABLE statistical analysis. Good luck tmrw! Thanks for your time. @mikebellafiore … Read More