I received this note from a pissed short-term trader: You could probably do a blog post on the term “daytrader”…….i.e., how this is negatively perceived by the majority outside of trading…..and even some within trading. Daytraders are portrayed as reckless, void of knowledge, gamblers, and somehow the piranhas of the trading community. Pisses me off. Which why I also do … Read More
How Do I Find a Firm to Back My Trading?
Hi Mike. I’ve been a long-time reader of your blog and not only love your analysis of the markets, but also how you always point out the hard work it takes to be a great trader. I’ve been trading full time for four years now. I started trading equities based on fundamentals, lost $2k in six months. I read about … Read More
Forex Trading: SMB Forex/Futures Volume Analysis on FOMC
In this installment of the SMB Forex and Futures Weekly Trade Review, Marc Principato CMT illustrates how our volume analysis helps us recognize an opportunity as important market moving information unfolds. This same information is what helps us let a winner run. To learn more visit: http://bit.ly/smbhome [purehtml id=20] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Forex/Futures Weekly: Holiday Expectations
In this segment, Marc Principato, CMT analyzes the S&P500 CFD, EUR/USD. GBP/USD and AUD/USD for the week of July 1. Gain perspective and recognize emerging opportunities if they present themselves. To learn more visit: http://bit.ly/smbhome [purehtml id=21] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Should I Forget Intraday Trading and Just Swing Trade?
Good afternoon Bella! I wanted to send you a quick email to get your experienced opinion on a current issue I’m dealing with. Namely, style of trading. I have closely followed SMB’s educational material/webinars/blogs, and tons of it makes sense and has been very helpful in my personal trading. Making money day in day out with short term trading is … Read More
Monkey Trading Series: Some IPO Basics
“Monkey Trading” is a broad term I have used lately to describe some of the short term trading I observe that shows a lack of respect for the market. Whether it is a failure to have a detailed trading plan or understanding the nuances of how stocks trades in the HFT dominated marketplace Monkey Trading usually leads to a transfer … Read More
Mike Bellafiore’s Presentation at The Trading Show Chicago
The Trading Show Chicago is considered North America’s leading trading event where traders, quant investors and exchanges come together to explore new advances in trading strategy, quant models, and technology. The event consists of an exhibition, seminars, and a strategic conference. This year Mike, see his latest book The PlayBook, discussed “A Prop Firm’s Transition to Building Multi-Product, Multi-Market Discretionary … Read More
The PlayBook is Getting Great Reviews!
Mike Bellafiore’s new book, The PlayBook, will be published on July 17, 2013. You can pre-order the book now, and once you receive it you can take advantage of some special offers. In the meantime, check out these great notices! “Written by one of the world’s best trading coaches, The PlayBook traders who do not trade U.S. equities how a pro does. At … Read More