- The document discusses intraday trades made in Tesla (TSLA) stock on January 14, 2014 after it reversed from a double bottom pattern.
- Five call option positions were taken as TSLA trended higher throughout the day, with gains captured at points ranging from 1.5 to 9.5 points.
- In total, around 20 points of gain were captured from the intraday involvement in TSLA calls by taking advantage of the momentum and scaling in and out of positions.
P Opening Drive and Pullback - Jan 7, 2014smbcapital
http://wp.me/p2BBgh-96R A trader from the SMBU Trading Community, but not our desk, presented a trade virtually. Trader James C is a recent graduate of SMB DNA 2013. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. See the power point of this archived trade: $P 2nd Day Opening Drive and Pullback.
P Opening Drive and Pullback - Jan 7, 2014smbcapital
http://wp.me/p2BBgh-96R A trader from the SMBU Trading Community, but not our desk, presented a trade virtually. Trader James C is a recent graduate of SMB DNA 2013. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. See the power point of this archived trade: $P 2nd Day Opening Drive and Pullback.
The Breakout in GS - The PlayBook Webinar Series smbcapital
The PlayBook is a valuable Webinar event held every Thursday at SMB. Throughout the week traders submit their analyses of a particular trade. They discuss the Big Picture, any news pertaining to the particular stock at hand, and then offer a detailed explanation on why and how the trader behaved as he or she did. This week Mike discussed the Breakout Trade in GS. For more information on The PlayBook Webinar Series, please go to www.smbtraining.com/blog
A prop firm's transition to building multi product, multi-market discretionar...smbcapital
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 discussed “Relative Value Strategies: Tapping New Opportunities Beyond Speed.” and SMB’s transition to building multi-product, multi-market discretionary quant traders with The PlayBook.
Webinar: You Trade Like a Girl with Mike Bellafiore and Anne-Marie Baiyndsmbcapital
If you missed the most recent Webinar, "You Trade Like a Girl: A Female Risk-Averse Approach to Active Trading in The Market", with Mike Bellafiore and Anne-Marie Baiynd from TheTradingBook.com, this is your opportunity to watch it. Anne-Marie discussed her approach to trading and how she uses indicators to make trading decisions as well as her experience as a female trader. In addition, Mike discussed his experience with women traders on his desk.
Webinar recording: http://www.smbtraining.com/blog/webinar-recording-you-trade-like-a-girl-with-mike-bellafiore-and-anne-marie-baiynd
How to use VWAP as an important technical indicator Mike Bellafiore
VWAP is an important technical indicator for the active trader. This is a real example of how VWAP was used on a professional trading desk to gain edge.
A trade to take right on the open. Rules: 1) See support 2) news catalyst behind you 3) technical analysis catalyst 4) clearly defined exit 5) record your PnL per this trade.
The Breakout in GS - The PlayBook Webinar Series smbcapital
The PlayBook is a valuable Webinar event held every Thursday at SMB. Throughout the week traders submit their analyses of a particular trade. They discuss the Big Picture, any news pertaining to the particular stock at hand, and then offer a detailed explanation on why and how the trader behaved as he or she did. This week Mike discussed the Breakout Trade in GS. For more information on The PlayBook Webinar Series, please go to www.smbtraining.com/blog
A prop firm's transition to building multi product, multi-market discretionar...smbcapital
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 discussed “Relative Value Strategies: Tapping New Opportunities Beyond Speed.” and SMB’s transition to building multi-product, multi-market discretionary quant traders with The PlayBook.
Webinar: You Trade Like a Girl with Mike Bellafiore and Anne-Marie Baiyndsmbcapital
If you missed the most recent Webinar, "You Trade Like a Girl: A Female Risk-Averse Approach to Active Trading in The Market", with Mike Bellafiore and Anne-Marie Baiynd from TheTradingBook.com, this is your opportunity to watch it. Anne-Marie discussed her approach to trading and how she uses indicators to make trading decisions as well as her experience as a female trader. In addition, Mike discussed his experience with women traders on his desk.
Webinar recording: http://www.smbtraining.com/blog/webinar-recording-you-trade-like-a-girl-with-mike-bellafiore-and-anne-marie-baiynd
How to use VWAP as an important technical indicator Mike Bellafiore
VWAP is an important technical indicator for the active trader. This is a real example of how VWAP was used on a professional trading desk to gain edge.
A trade to take right on the open. Rules: 1) See support 2) news catalyst behind you 3) technical analysis catalyst 4) clearly defined exit 5) record your PnL per this trade.
The PlayBook is a valuable Webinar event held every Thursday at SMB. Throughout the week traders submit their analyses of a particular trade. They discuss the Big Picture, any news pertaining to the particular stock at hand, and then offer a detailed explanation on why and how the trader behaved as he or she did. This week Mike discussed an Opening Drive in LNKD. For more information on The PlayBook Webinar Series, please go to www.smbtraining.com/blog
How does a professional trader spent the day? Here's how. Learn best practices that you can turn into habit to improve your trading performance. This PP was presented during SMB Premium, smbu.com/premium. We hope it helps. mbellafore@smbcap.com.
Create a system to trade breakouts by Steve Spencersmbcapital
Steve Spencer discusses short-term breakout trading. he covers recent trades in NFLX, DD and WLT to help you gain a better understanding of which setups are more likely to work. To watch the recording of the webinar, please click below:
http://www.smbtraining.com/blog/webinar-recording-creating-a-system-to-trade-breakouts#
Daily Market Summary (9/25/17): North Korea Brings More VolatilityRaul Rivera
The continuing "war of words" between the US and North Korea saw markets sell off and gold rally. Elsewhere, it was a breakout day for crude oil. See what else was moving the markets in today's market summary report.
Rules to Trading NFP - Foreign Exchange Rates TradingLando Graham
Non-Farm Payrolls (NFP) measures the change in the number of people employed during the previous month, excluding the farming industry.
Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
Discover how to trade NFP like a pro without getting killed by the markets.
Daily Market Summary (9/26/17): Mixed Economic Data and Fed SpeechesRaul Rivera
An ambiguous speech from Janet Yellen and some soft readings in New Home Sales and Consumer Confidence were amongst the headlines today as equity markets consolidated.
Daily Technical Report:03 February 2020Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
This slide deck is one I made as a part of my investing bootcamp. The focus is on brokers and what elements help an investor choose the right one(s) for them.
Daily Technical Report:13 November 2019Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
1. TSLA Intraday Trend Trade
after Reversal off Double
Bottom
Deborah Knighton
1/14/2014
2. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a
number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB
TRAINING also offers web-based, interactive training courses on demand.
The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be
construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any
investment decision you make, and such decisions will be based solely on your evaluation of your financial
circumstances, investment objectives, risk tolerance, and liquidity needs.
This material is being provided to you for educational purposes only. No information presented constitutes a
recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument
discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as,
an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment
decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such
decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk
tolerance and liquidity needs.
SMB Training and SMB Capital Management, LLC are separate but affiliated companies.
No relevant positions
Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are
not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated
performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not
represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or
over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions.
Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown.
All investments and trades carry risks.”
3. Big Picture
• Aftermakinganall time highonDecember 31st, the
SPY
consolidatedforsevendaysthenreversedloweryest
erdaymovingitout of itsconsolidation box.
• Todaytheoverseasmarketsweremixed in Asia and
were trading slightlylower in Europe prior tothe
open.
• Thefutureswere up
thismorningonbetterthanexpectedretail sales and
the SPY gapped up and
continuedtotrendhighertherest of theday.
4. The Big Picture
SPY reversed below the
bottom of the box
yesterday on above
average volume
5. TradeStrategy
• Trade a reversalon a longer time frame
• Waitforreversalconfirmationtoenter
• Getlucky! (Positive newscameoutafteralready
in thetrade)
• Tradetheintradayuptrend
6. Intraday Fundamentals
• TSLA tradeswith a Beta of 1.2, averagevolume of 10.6
million shares, and has an ATR of 7.4.
• TSLA has a short interest of 50.7%.
• TSLA isrankedby IBD as #1 in theautomotive sector and has
a grading of 72 78 97 C D D+.
• Therewererecallrumorscirculating in
themorningthatwerelaterclarifiedthatiswasfor software
updates, nothingto do withthefires.
• A headlinethat Tesla had 6900 car deliveries in Q4
causedthe shares to pop.
• ElonMusk’sappearanceon CNBC laterhelpedpropel TSLA
shares evenhigherthroughouttheday.
9. IntradayTechnicals
After the news pop TSLA
retraced back to VWAP where
it caught a bounce, then
trended up the rest of the day
News Pop
Retrace and
bounce off VWAP
Double Bottom
10. Reading the Tape
• I wasusingoptionsforthesetrades so I usedthe
tape toget a general idea
forwherebuyersweresupportingthebid and
wheresellerswerestepping in whenever TSLA
wasnear a keysupportorresistancelevel.
• I noticedthat TSLA put in a
doublebottomafterselling off
thismorning, thentraded up tothe flat line
whereitconsolidatedjustabove VWAP.
• Todaywasprettyeasytoreadthe tape
duetothevolatility and volume.
11. Trade Management
6
1.
2.
3.
4.
5.
6.
Bought 1 Call for 4.70 at 11:15
Bought 1 Call for 5.22 at 11:21
Sold 1 Call for 4.91 at 11:24
Bought 1 Call for 4.85 at 11:27
Sold 1 Call for 8.40 at 11:44
Sold 1 Call for 11.18 at 11:48
5
2
1
3
4
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
First Position usingtheJan 24’14 139 Calls
12. Trade Management
2
1.
2.
Bought 1 Call for 4.55 at 12:12
Sold 1 Call for 5.18 at 12:19
1
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
Second Position usingtheJan 17’14 142 Calls
13. Trade Management
2
1
1.
2.
Bought 1 Call for 3.50 at 12:21
Sold 1 Call for 4.97 at 12:37
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
Third Position usingtheJan 24’14 150 Calls
14. Trade Management
October pivot low
1.
2.
Bought 1 Call for 4.63 at 2:30
Sold 1 Call for 5.05 at 3:00
1
2
Missed this move
After closing third position, I took
some tie to chill, eat lunch, and
watch a Playbook presentation
until about 2:00
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
Fourth Position usingtheJan 17’14 155 Calls
15. Trade Management
2
1
1.
2.
Bought 1 Call for 5.90 at 3:16
Sold 1 Call for 7.05 at 3:29
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
Fifth Position usingtheJan 24’14 157.5 Calls
16. Trade Management
3 points
October pivot low
2 points
4 points
9.5 points
1.5 points
20 points total
captured
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
Summary of IntradayInvolvement in Calls
17. TradeReview
• I wasveryhappywithmyentries and exitstoday trading TSLA.
• I struggledwithwhetherthetradesweregoingto be intradayonlyor
swing. I am contentwithmy final decisiontogo flat TSLA at theend of
theday.
• Aftergiving up allmyprofitsyesterdayonmy swing positions, today I
wascompletlyokaywithmissingoutonsome of themoves. There are
plenty of tradesoutthere and I am muchlessstressedwhen I am in
thetradeonlywhenitisgoingtherightway.
• I usedtwocalls in thefirst position toscale in and out. Later I
onlyusedonecall as thetradeswerebasicallymomentumscalptrades.
• Thesetrades are scalable. Whenmy portfolio increases I can put
more money at risktoenterthetradeswith more calls and addtothe
positions.
Editor's Notes
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions
*Please note that the prices and other statistics on this page are hypothetical, and do not reflect the impact, if any, of certain market factors such as liquidity, slippage and commissions