Trading habit #1 was The PlayBook. Trading habit #2 was to create a Road Map. Trading habit #3 is Trader Development. What do we mean by trader development? Each day we hold a series of mentoring meetings for our developing traders in our proprietary trading firm’s training room in NYC. Trader Development is one of these sessions. And we hold … Read More
30 Trading Habits in 30 days: The Road Map
Yesterday we began 30 trading habits in 30 days to give you a sneak peak into the habits of a professional trader at a proprietary firm. You can find Habit #1: The PlayBook here. Today we will discuss a new habit, developing your Road Map for the trading day. Our firm has developed many new traders to consistently profitable … Read More
30 Trading Habits in 30 Days
Over the next month I will offer a peak into the highly competitive world of proprietary trading to give readers a taste of the daily work of a professional trader. I will share 30 trading habits in 30 days. My hope is that this will give you some ideas on habits to add to your trading. Before we begin let … Read More
Financing an Options Purchase
In our SMBU Daily Video, learn about the concept of financing an options purchase. In this video from Seth Freudberg, he will discuss: The idea of financing an options purchase An example of a trade that could have went horribly wrong by financing the purchase of an at the money put in the recent sell off The proper way to structure … Read More
Calling Out Traders For Missing $JOY
In our SMBU Daily Video, learn why we called out traders for missing a great trade. In this video from Mike Bellafiore, you will learn: Why $JOY was an A+ trade How SMB holds traders accountable Why having a process is vital to not missing A+ trades We hope this video helps you improve your trading skills.
Using Premarket Price Action and Levels
In our SMBU Daily Video, learn about using premarket price action and levels. In this video from Mike Bellafiore, you will learn: If SMB use pre-market levels What kind of premarket levels are significant for a stock Examples of recent trades that implemented premarket support in $GPRO $JOY $AMBA We hope this video helps you improve your trading skills. * … Read More
Losing Smaller
In our SMBU Daily Video, learn why losing smaller is just as important as winning big on a trade. In this video from Seth Freudberg, you will learn: How reducing a loss can help improve your yearly returns It’s important to control an existing loss How losing less is exactly the same as winning more We hope this video helps … Read More
Wall Street Firm’s Strategy: Hiring Retail Traders for Remote Trading
Retail traders around the world have always kept an eye on Wall Street. After all, it’s the center of the financial world. Most traders can only dream of trading on the floor of the New York Stock Exchange or at a big Wall Street proprietary trading firm. What most retail traders don’t understand is that The Street has a new address. Most … Read More