Yesterday Shark, one of the top traders at our proprietary trading firm in NYC, shared his new dynamic hedging strategy with other firm traders. Specifically, he reviewed how he attacked his recent hugely profitable short trade in GME, using this dynamic hedging strategy. This was a trade that netted sizeable trading profits, but the role-modeling that Shark did was so … Read More
Scaling Up: Expert Advice for Junior Traders on the Trading Desk
You want to trade bigger. There is little worse than making a good trade and knowing you could have made much more. Trading bigger is what is holding you back as a trader. Perhaps what is even holding you back from being a professional trader. If you could solve this problem, then you could start doing what you love full-time. … Read More
Lesson #2 on Trading Bigger
In our SMBU Daily Video, Mike Bellafiore sits down with Maxim from Hamaha.net to discuss tips on trading bigger. In this video, you will learn: How to identify your strengths as a trader Which trade setups to trade bigger and more often The process to incrementally increase your trading size We hope this video helps you improve your trading skills. – SMBU Team … Read More
Tips to Trade Bigger
MIKE- Good evening! I really enjoyed the webinar this evening, that was some good stuff. Lots of good nuggets in there that are practical and applicable. I’ve really been thinking a lot lately about getting bigger responsibly in those key spots where you just HAVE to get bigger and take size. Trying to be harder on myself for not extracting … Read More
Trading Bigger (GMCR)
GMCR from 7/16 Where to add size on this play? I thought about it all day and discussed it with a number of other traders. One camp was “be big at 19.20, the 2nd time, at 11:20am with an out in the mid 30s”. I can’t totally agree with this. I don’t think you can get that big there, responsibly. … Read More