I’m Out In The Boonies. What Should I Do?

Jan 10th, 2013 | By | Category: General Comments
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I received this email yesterday.

I am considering signing up for the remote SMB Foundations program. But I am concerned about the technology I would need to get full advantage from the program. I live in rural Texas, and my tools are caveman-primitive compared to those of your traders in NYC. I have a Windows desktop, a 3 mb/sec DSL line, and a laser printer. That’s it. Would it be a waste of my time and money to sign up?

Good questions. There are minimum requirements for computers and internet connectivity that we suggest that you have in order to be trading live. And certainly you should have these for the training program as well. But it is not as high end as you would expect. A “light” platform will not use huge resources and the VPN connection requires about 1.5mbps. Also, we suggest that those that go through the training program consider spending a few weeks in NYC on the desk to better understand SMB’s culture and how our traders work on a daily basis to develop trading skill.

These are the basic computer requirements we recommend for trainees.
  • Processor: 2 GHz or higher (dual or quad-core preferred)
  • Memory: 2 GB of RAM
  • Operating System: Windows XP or later
  • Resolution: 1024 x 768
  • Hard Drive: 300MB free space
  •  Cable Modem or DSL with speed of 3 Mbps
If you have any questions about training contact trading@smbcap.com

Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is sspencer@smbcap.com.

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1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

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6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

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