Will you buy the breakout, or wait for a pullback to a specific level?
: Finding key support, resistance, and trend lines.
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This is a high-probability arbitrage play executed in the last 10 minutes of the trading day. Bellafiore teaches you how to identify stocks where the closing auction volume is significantly higher than the average daily volume. The play involves buying a few cents below the expected closing price to capture the institutional "print." the playbook pdf mike bellafiore
A playbook entry must map out the exact mechanics of how the trade will be managed.
Bellafiore emphasizes that traders should focus entirely on execution rather than PnL (Profit and Loss). A "Good Trade" is defined as one where the trader follows their plan, manages risk, and executes cleanly. A trade that makes money but violates a trader's rules is considered a "Bad Trade." Review, Review, Review
Define your setups. Grade your execution. Build your edge. Will you buy the breakout, or wait for
What is the you face in your trading right now?
While the book encourages traders to develop their own setups, Bellafiore shares several internal SMB Capital strategies.
What can you do to optimize your execution the next time this exact pattern prints? Core Trading Setups Highlighted by SMB Capital Bellafiore teaches you how to identify stocks where
Finding a Stock In Play that compresses into a tight price range for hours, then buying the high-volume breakout past resistance.
If you want to tailor this framework to your current trading style, let me know:
The book profiles seven top stock market professionals, each with their unique approach to trading. These traders are:
Did you follow your plan, or did cognitive biases take over?