Our trainee Petr shares a trade he took in GBP/USD. Great example of how to add to a position. Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Trade Review: $FTNT, $TKR, and $BA
*****Editor’s note: Here’s the latest post by Jake Huska, who is a college student working on his trading game.***** With earnings right near their peak, there have been many opportunities for the intraday trader. Earnings season will start to wind down in the next two weeks, so enjoy the increased volatility in individual stocks while it lasts. In this post … Read More
Trading: It’s About Context
Before I get into the topic of context in trading, I want to make sure you know about the great resources available to you. You can learn a great deal about our methodology and concepts from the educational videos that I produce on my Youtube channel. As I coach less experienced traders through our methodology, a big part of my … Read More
The PlayBook Inspires This Canadian Trader
Hi Mike, (I am) a discretionary trader from Montreal, Quebec. I simply wanted to take a minute and thank you for your help and for providing me with inside resources to step up my game. I have been trading for quite some time now (seven years to be exact) and have enjoyed reading so many books about trading. You can read psychology books; … Read More
The PlayBook Helping London Prop Traders
Recently I was asked by an SMBU Blog reader to share more of the e-mails sent from other traders who are trading different products. The reader was mostly interested in seeing how applicable my books were to these other traders and the different products they trade. When I first wrote One Good Trade I was surprised at its reach. It … Read More
There is Nothing We Respect More Than…
Dear Mr. Bellafiore, Thank you for writing The Playbook! Before I continue my thanks and gratitude, I promised myself that this would not be a ‘Dear Oprah, save me letter.’ But on a serious note, it is hard to hold back my sincere appreciation for your advice and guidance in The Playbook. I am not your typical recruit. Most would … Read More
What Is Your Perspective on the Market?
— Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Mastering Trade Execution: Unlocking VWAP and Independent Order Flow Principles
During our SMB Midday Recap Bella taught: 1) A trading execution principle for stocks that break out. 2) How to make a second-day VWAP support play in $CAT by doing the exact opposite of what he did. 3) An example of the best stocks to trade for intraday traders—those with independent order flow. $FIO was used as an example of a … Read More