Posts Tagged ‘ trading coach ’

7 ideas for improving your trading consistency

Apr 22nd, 2017 | By | Category: General Comments
I was recently a guest lecturer at Stony Brook University sharing my knowledge of trading and trader development with interested students.  At the end of my lecture, a student approached and asked, "How can I improve my trading consistency?" We have polled our trading community for the top trading issues they would like to solve, and trading consistency consistently makes the list. Many have some success in trading, trades where they really get it.  Trades where they really have edge.  And then they also have periods of frustration and losses.  If they could just keep the good trades and rid the bad ones. At the Read more [...]


5 ways our top traders are working to improve

Apr 21st, 2017 | By | Category: General Comments
  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 mentoring to grow.  The best have become seven-figure traders.  Many more have become high performing traders.  Still even more have become consistently profitable traders. What are our top traders doing to improve? Let me be clear they Read more [...]


Bring a consistent you to markets to improve your trading

Mar 17th, 2017 | By | Category: General Comments
Trader wants to improve his trading consistency.   (Please assume Trader has some edge in markets.) Trader might double down on their efforts to perform better during market hours.  If I just focus better.  If I just take only A+ trades.  If I just wait for my trades more patiently.  If I just use this indicator.  If I just size up in my best trades.   If I just stop making those trades.  If I just give my trades more room.  And on and on and on....... What if the progress is not in the effort during market hours? We know markets are always changing.  We know that each trade is not quite the same.  This Read more [...]


How do I start as a trader?

Mar 7th, 2017 | By | Category: General Comments
Recently I visited Pace University investment club to talk about the life of a proprietary trader.  We make an effort to reach out to college trading clubs and college investment clubs and meet their members.  Some of our best traders have come from these clubs.  Also, college students rarely get to interact with a professional trader so sharing our experience is helpful. At my presentation for Pace a sharp member asked, "How do you recommend we get started trading?" It is a great question.  I have written about this extensively in The PlayBook, but let me offer an outline here: Read, read, read about markets Read more [...]


8 lessons from the prop desk (The 2017 TradersExpo NYC)

Mar 3rd, 2017 | By | Category: General Comments
At the 2017 TradersExpo in NYC, I shared 8 lessons from our prop desk.  As a partner at a prop trading firm in NYC, I have the privilege of watching many traders grow from new to consistently profitable trader to high performing trader to even better.  I see how they succeed and why.  I share their obstacles and together we push past them.  I have a floor seat to watching them grow.  Along the way, these traders teach me and our trading community lessons. Today I will share 8 lessons with you learned from traders on our desk. Find a trading niche that has edge and leverages your personality and cognitive strengths. Read more [...]


5 inspirations from Dr. Steenbarger’s Master Class

Feb 28th, 2017 | By | Category: General Comments
Yesterday I posted 21 key takeaways from Dr. Steenbarger's recent Master Class at the TradersExpo.   During the introduction of the Master Class Dr. Steenbarger challenged us to write down our goal for our time with him.  I wrote, "To be inspired with ideas to teach and train our guys better!" He promised not to stop teaching until each of us had achieved our goal.  For me, he delivered. Today, I would like to share 5 inspirations from the Master Class to train our traders better. 1. Develop a revised checklist for One Good Trade.  I developed a template for a good risk/reward trade in One Good Trade.  Dr. Read more [...]


21 key takeaways from Dr. Steenbarger’s Master Class

Feb 27th, 2017 | By | Category: General Comments
This Sunday I had the privilege of taking Dr. Steenbarger's Master Class, trading coach and author, at The TradersExpo NYC.  It was four hours jam-packed with learning.  The Master Class was truly exceptional! Many have reached out to my inbox and asked for me to share my notes with you.  I will do so here. To become a distinct trader you must leverage your personality and cognitive strengths. Distinctive traders possess distinctive strengths. Conscientiousness and resilience build success. Openness to experience sustains success. The largest players use factors to make trade decisions. The successful Read more [...]


Master Class taught by Dr. Steenbarger

Feb 24th, 2017 | By | Category: General Comments
I am really excited to be taking the Master Class taught by Dr. Brett Steenbarger, trading coach, this Sunday at The TradersExpo NYC. Our culture at SMB is simple: improve every day. That starts with me and continues through all, including the newest of newbs. I was privileged to see an outline of the Master Class and provide feedback, which I would describe as jam-packed with learning. If you are in the NYC area, and serious about working on your trading game, I hope to see you at the Master Class. Bella *I will be presenting Monday at the TradersExpo NYC at 8:15AM- 8 lessons from the prop desk: Success stories Read more [...]


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