General Comments

A Trader’s Definition of Hell

Jan 11th, 2017 | By | Category: Futures, General Comments, SMB Fundamentals, Trader Development, Trading Lesson, Trading Psychology
What would a trader's definition of hell be? I say it's the following: On your last day on earth, the trader you became will meet the trader you could have become. Scary to think about isn't it? I have two ways of avoiding "trader hell" that I'll share with you. Focus on process. I can guarantee you that if you spend your days toiling in the need to be right, make money, "win", or get revenge - you will end up in trader hell. What separates many elite performers, in nearly all elite-performance fields, is a strong commitment to process. It's not about the scoreboard, it's not about what happened on your last trade, it's Read more [...]


The First Fifteen Minutes of the Asymmetrical Iron Condor

Jan 4th, 2017 | By | Category: General Comments
Production of the Asymmetrical Iron Condor course with Amy Meissner is nearly complete. Right now, SMB is giving you a chance to access the first 15 minutes of the course for free! In this video, you will learn what the AIC is all about. Discover the trade that Seth Freudberg is calling "the most robust iron condor trade I've ever seen." >> Request FREE access now << Then, be on the lookout for the release of the AIC later this month. Read more [...]


3 ideas to improve waiting for your trades

Jan 1st, 2017 | By | Category: General Comments
Yesterday I wrote about the #1 trading frustration of top traders on our prop desk. (#1 issue top traders want to fix in 2017 on our prop desk.) Today let's offer 3 ideas to solve this frustration: 1. Journal your progress on waiting for setups.  When are you successful waiting for setups? When are you early to enter and why? Patterns will emerge, when you are tracking this specific goal.  A better understanding from tracked data on this issue will help you improve. For example, many traders are too aggressive trading on Mondays.  They are so hyped up to show the market how they will improve on Monday that they Read more [...]


#1 issue top traders want to fix in 2017 on our prop desk

Dec 31st, 2016 | By | Category: General Comments
It's the end of the year, and time for trading business plans for 2017 from the traders on our desk. When viewing the trading plans of our best traders the issue that repeats the most to fix in 2017 is........ Waiting for the setup! These are highly profitable traders, and even some seven-figure traders. These are experienced traders who have shown a history of success and consistency of edge in different market environments. Repeatedly the issue most top traders on our desk struggle with is forcing trades. There can be a fine line in some cases from seeing the trade then putting on size and forcing the trade. Read more [...]


Finding Your Edge

Dec 27th, 2016 | By | Category: Free Daily Trading Video, General Comments
In this video, Mike Bellafiore discusses his experience as a SMB Partner. He shares cases studies of some of our traders who have gone on to make seven figures through finding their edge. Read more [...]


Why You Need to Journal

Dec 23rd, 2016 | By | Category: Free Daily Trading Video, General Comments
In this video, Mike Bellafiore discusses why you need to journal and some of things you need to be journaling about. Read more [...]


The Importance of Coaching and Mentoring

Dec 22nd, 2016 | By | Category: Free Daily Trading Video, General Comments
In this video, Mike Bellafiore discusses the importance of coaching and mentoring. He goes into detail on how one struggling trader became a very successful trader. Read more [...]


A Trading Plan to Improve

Dec 19th, 2016 | By | Category: General Comments
This is part 5 of our trader survey that breaks down the results from our trading community. You will be amazed at what you learn about the challenges and successes that traders in our community are having. Read more [...]