Over the last six months or so I have reflected back on my trading and have changed my style a good chunk. I have realized that as part of my development to become a bigger trader I have to focus a lot of my energy on trades that are scalable when the market permits it. I can’t tell you how … Read More
Are You Videotaping Your Trades? Start Now!
Bella sits down with MoneyShow.com to discuss why videotaping your trades is a useful tool that all active intraday traders should utilize.
MAKING TRADES YOUR OWN (BA)
BA gapped up on good news but then started an intraday downtrend. Then it found a range from between 72.15 to 72.40. ALJ who sits behind me, aka Mr. Photogenic, started a long position. I started a short position. Same stock. Not five feet from each other. I knew exactly his position and reasoning without dissent. His mentor short and … Read More
Is the NYSE Manipulating Trades?
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about the way his orders are treated by the specialists at the NYSE. Gman shows how his orders may be front-run by the specialist forcing him to sell lower or buy higher.
Watching Order Flow and Tape Reading To Find Good Trades – TraderInterviews.com
Gilbert “Gman” Mendez, head trader at SMB Capital, sits down for an interview with Tim Bourquin from TraderInterviews.com.
How Many Trades Should I Make Each Day?
I was talking to one of our trainees today about starting to trade a live account. He said “Steve, I don’t want to make a lot of trades each day.” I told him that he should be looking for the best setups in the stocks he is watching and execute on those trades. That is certainly my goal each day. … Read More