Archive for May 2015

Mike Bellafiore shares trading lessons in this podcast with

May 30th, 2015 | By | Category: General Comments
Mike Bellafiore was interviewed on by Aaron Fifield. To see more videos of interviewed traders subscribe to or contact Aaron here. 27 May EP 022: How to be a better trader tomorrow – sharp insights with SMB co-founder Mike Bellafiore Aaron Fifield: This week I have great pleasure in saying, my guest on the show is Mike Bellafiore. Mike is the co-founder of SMB Capital, a proprietary trading firm in New York City, as well as SMB University which is the arm for trader education. He’s also the author of two very popular trading books One Good Trade and ‘The Playbook. Additionally, Read more [...]

Steven Spencer Interview with – Part 3

May 29th, 2015 | By | Category: Free Daily Trading Video
In our SMBU Daily Video, watch Part 3 of Steven Spencer's interview with, a popular Russian trading site. If you missed Part I and Part II  click on links. This interview will discuss: Steven's biggest success in trading Best trading strategies and styles to succeed trading US equities Key factors for making trading decisions Characteristics of successful traders We hope this video improves your trading. SMBU Team *no relevant positions Read more [...]

Consistency Is Not A Game of Perfect

May 29th, 2015 | By | Category: Bruce Bower, Steven Spencer (Steve's) Blogs, Trader Development, Trading Lesson, Trading Psychology
By Bruce Bower We asked and you chose. The people have spoken. We asked the SMB community which topics they wanted to learn more about it in the upcoming “Peak Performance Trading and Investing” video course.  Out of a list of ten topics, by far the most popular was “How to Be More Consistent”. This is one of the most challenging and yet important topics for beginners and pros alike. At every stage of their journey in the markets, people want to be more consistent. They ask about it constantly. They want more consistent results—smooth and steady profits. They want to be more consistent in their emotional states. Read more [...]

Mike Bellafiore and Ralph Acampora on Benzinga #PreMarket Prep

May 29th, 2015 | By | Category: General Comments
Mike Bellafiore was a guest on Benzinga #PreMarket Prep. Below you can listen to his interview and one with the godfather of technical analysis Ralph Acampora. Listen here. Here is what you will learn from Mike during this interview: 1) The market is not fair.  Get over it! 2) One of his favorite trades: Changing Fundamentals Trade 3) How prop traders are attacking markets against the bots 4) Why he was leaning long ULTA, long GME and short $DECK below 70 5) Why DECK moved 15 percent in the afterhours Listen to the daily broadcast live: #PreMarket Prep for May Read more [...]

Are You Ready to Build An Automated Trading System? Here’s How

May 29th, 2015 | By | Category: Systems Trading
Automation is at the heart of technological innovation. Automatic transmissions Automatic coffee makers Automatic soap dispensers ... You get the idea In trading, automation is what allows you to become ultra-efficient, find your best opportunities, scale up with more trades, control risk with less emotion, and become more consistent. As a trader, you already take advantage of automation in today's markets. Here's a slide from a recent presentation I did for SMBU Premium   Less than 30 years ago, if you wanted charting analysis, you got some graph paper and drew it yourself. No automated order routing Read more [...]

The Truth Behind Options Commissions

May 29th, 2015 | By | Category: General Comments
In our SMBU Daily Video, learn more about the options commission ratio for different size trading vehicles. In this video from Seth Freudberg, you will learn: Why trading small vehicles for options income doesn't work Importance of knowing your commission ratio Trade bigger names to minimize your commission ratio Enjoy the video! * no relevant positions Read more [...]

Attention College Students!

May 29th, 2015 | By | Category: Guest Blog
Attention Students! Do you want to gain an edge over your peers? Do you want to start preparing for a career in trading? SMB is proud to launch our new SMB College Traders Program website. Please check out some of our unique student opportunities for you What's better than costume parties, $1 dollar beers, and tailgates? An opportunity to start trading early and becoming really really good right? No? Let's try this again. What's better than being bad at your job when you first start upon graduation? Being good at your job? Being farther along the learning curve? Being better than other students trading for the first time upon Read more [...]

Learn the Trade that Lets You Win EVEN When You’re Wrong on the Direction of a Stock

May 28th, 2015 | By | Category: General Comments
We have put together a short series of videos that introduces you to one of the most unique opportunities in the markets. Do you struggle when the market trades in a tight range? Do you find that you are getting stopped out of trade ideas that ultimately move in the direction you expected? Do you believe the market is due for a big correction but still want to respect the bull market? Discover the simple trade that allows you to pick a direction and still earn a small profit if you’re wrong. Learn how to trade with a bias and define your risk WITHOUT using a stop loss if the stock moves the "wrong" way. There Read more [...]