Hi Bella, If you don’t mind, I have a question for you. How long should a trader trade at a given tier size before they move it up? I don’t want to jump in larger too fast, but I don’t really know what an optimal time frame is for advancing, and I’m sure it varies from trader to trader. Is profiting … Read More
Should we increase the tier size for this trader?
I received an email from a new trader asking for input on whether to increase his max tier size (how many shares he can trade per position). To get bumped up a trader might reach out to a Senior Trader to receive the increase. This is a trader who does everything asked of him. This is his 6th live … Read More
Traders Ask; Position Size of 1/3?
Question: I basically swing trade. I always try to put on a position in 1/3’s. How does that work daytrading? Is there time to do a position that way? I like to have another good entry point to add to a trade. How is that possible in a daytrade. Maybe I just am not used to that fast of a … Read More
Vacation is Over
Bella discusses his trading today after a week of vacation.
How to Make that Jump to the Next Level
This past week was a great trading week for me personally. And another example of how I have made a jump to the next level as a trader. I put up bigger than normal numbers on a considerably larger than normal share count. But putting my results aside and the volatility seen in the financial stocks, I traded a lot … Read More
Tier Size
The last few days have been a bit slow after the Open. We must adjust. One adjustment I make on such trading days is to lower my tier size after the Open. I traded HPQ on the Open (chart below). It held 45 and made a nice upmove to 45.25 where it was met with resistance. After a struggle at … Read More
Small Tier Size Can Equal Large Profits
I meet with a ton of potential future SMB prop traders. Obviously there is a great deal of interest in those who wish to trade with us. Hey that’s part of my job. Luckily for me I get to screen everyone who walks in our doors. So I enjoy most of the interviews. There have been a few two minute interviews. … Read More