I’m a newbie, trading for my second month live at a young prop office in Moldova, been trading my account unsuccessfully for almost 2 years before this. I wanted to share a short story of Thursday’s trading. In the morning I couldn’t find any good opportunities for my approach to the Market, but then came the news in BP and … Read More
Should You Quit Your Job to Trade?
Dear Mr. Bellafiore, Hello my name is Jeffrey, first off I’d like to thank you for the information in your book “one good trade” it’s been very helpful. I’ve been day trading for 2 1/2 years now. I can’t trade stocks because of my work schedule but do take advantage of the Future and Currency markets. I’ve come to realize … Read More
Today I Will Trade Big!
An experienced trader stepped into my office frustrated with me. He wanted to know why I questioned his position size in a $TWTR breakout trade. The exchange we had offers a lesson on getting bigger as a trader for the trading community. First, let me say that I loved this trade position in $TWTR. And I loved that he was … Read More
Trade with a True Catalyst
Often new and retail traders do not trade stocks with a true catalyst. By a true catalyst, I mean an event that will cause significant new buying or selling. Said another way, price moving buying or selling. The new trader and retail trader wonder: Why the heck is my stock not moving like I thought? The answer may be because they … Read More
The PlayBook Checkup: Facebook Earnings Trade
Below is our newest installment of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video, an SMB trader talks … Read More
The PlayBook Checkup: Unusual Options Activity in $SUNE
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video … Read More
The Bearish Butterfly Trade
This week, Seth Freudberg discusses the basics of the bearish butterfly options trade with the college program participants who spent five weeks with us this summer delving into equity, options and forex trading. The SMB Options Training Program is a program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to … Read More
Why Don’t You Trade the E-minis?
You mention, “Stocks in Play” a number of times. At the risk of sounding a bit green, I suppose this means stocks that have enough volume and movement to make it worthwhile to trade, correct? If this is the case, I’m wondering why you don’t trade the S&P emini? Maybe you do, but I haven’t heard you mention it yet … Read More