Hi Mike… quick question…. while your probably constantly reevaluating throughout the day, would you say its common for SMB to come up with another set of “in play stocks” for afternoon trading, or do you tend to stick with the original ideas from the morning? thanks for all your advice and thoughts. @mikebellafiore 1. We are experts in choosing the … Read More
Markets Change And So Must I
I received the following thoughtful email from a reader and former SMB student the other day: Steve, From your recent email: /* Simple chart set ups are just opportunities for you to consider a trade. They are not a signal to just make a trade. Skill is needed to determine when an excellent risk/reward is present. Skill is needed to … Read More
Find the Least Competitive Stocks?
A sick, pretty well-known trading author walks into a Clearwater Beach breakfast treasure, hacking cough, in need of a shave and tan, with flipflops, shorts and a black penguin polo. Over scrambled egg whites and honey wheat toast he listens to another market veteran share his market wisdom. Almost eerily it is like listening to himself talk, with then some new … Read More
Traders Ask- Am I a Moron for Fading Stocks In Play?
Bella, How is everything? I have a few questions for you. I know I always bombard you so if you are too busy to answer no worries at all. 1. How do you know when it is time to scrap a trading play? I have tried to fade names that have reported good numbers many times and I have lost my hat. … Read More
Traders Ask: How Do You Find Your Stocks?
I received the following email question from Reader David: Good morning Mike, Firstly thank you for taking the time to talk to me the other day all the way over in NZ. As I have mentioned before, my passion for trading has lead me to buy and read alot of trading books. But all that reading cant make up for … Read More
A Last Week in August to Remember – AIG
I wrote last week that the last week in August is historically uneventful. I went on StockTwits TV and said the same thing. I wrote in my blog “Vacation….Chop!” that you ought to take a break. I suggested that the last week in August or the first week in September are generally excellent weeks to vacation. I have some new … Read More