Improving your trading results on the open

  One developing firm trader struggled trading the open.  He sought a one-on-one to discuss improvement trading the open with me.  He sought counsel from Dr. Steenbarger as well. I made some suggestions and it was up to this trader to execute on solutions to improve. He did.  Boy did he! After implementing solutions for this challenge of trading the … Read More

First comes…..next comes…..then comes……for the developing trader

Getting your priorities correct really helps shape the trading day for optimal progress. One trader with, with whom we are working, is coming along nicely.  Firm is happy with his progress.  Our sense is he has a real chance to become good. Our job is to help him set priorities.  Is that to make money?  Or is that something else? … Read More

5 ways our top traders are working to improve

  I was on the West Coast last month to present to the Scottsdale (Phoenix) Traders and Investors Meetup Group.  After my presentation, an astute and succeeding retail trader approached and asked, “What do your top traders do to improve?” At SMB, our top traders have been homegrown.  We hired them.  Trained them from scratch.  Provided capital, technology, coaching and … Read More