The Failure Rate of a Proprietary Trader

I remember the discussion like it was yesterday. It was in our former 8×10 makeshift training room/office/conference room/lounge with the first trader who ever failed at SMB Capital. JJ announced he was leaving to take a six-figure job at a financial services company in NYC. But let’s be honest. JJ was leaving because he was not making money as a … Read More


Jeff Tomasulo, senior trader at SMB Capital, appeared earlier today on CNBC’s Fast Money Halftime Report.

Trading Our Best AM Idea

Our “Best AM Idea” that we tweet each morning as part of our morning roundup blog is a trade idea that is based on all of the information we have prior to the market’s Open. Yesterday, I suggested that FCX be bought on a pull back to 71.50. FCX has traded down about 20% since reaching a 52 week high … Read More

SMB on StockTwitsTV

Yesterday, SMB Capital’s Steve Spencer appeared on StockTwitsTV to discuss the Market and the stocks in play for the day. Watch the clip here. SMB Capital appears on StockTwitsTV every M, W, F at 2pm so be sure to tune in. Don’t forget to follow us on Twitter. Please follow and like us: