Trading Psychology: How to Handle FOMO (Dr. Steenbarger)

Do you feel that FOMO (Fear of Missing Out) is crushing your trading PnL? That if you could just get a handle on FOMO you could become the trader you deserve to be. That FOMO is keeping you from a career as a trader and all of the rewards that come with it. Dr. Steenbarger presents in the video below, … Read More

From SMB Intern to Consistently Profitable Prop Trader (Live from Stony Brook U)

@SperoTrades presents his journey from SMB Intern, to struggling trader, to thinking of quitting, to Consistently Profitable Trader.  He does this all live from his former investment club at Stony Brook U.  Not too long ago, Justin sat in the same seats as these college students listening to prop firm co-founder (me) teach the career of prop trader.  Now here … Read More

Trader Interview: Hitting The Million Dollar Milestone in Year2 – Here’s How

@MaxGanik sat down with @Bthestory87 (how do we get him a better Twitter handle?) in a wide-ranging interview about his young trading career.  Max has had the most trading success by Year2 of anyone we have trained at the firm.  As such, this interview provides tremendous value to the trading community.  One topic explored during this interview is Max’s take … Read More

How you can develop a trading hot streak

At SMB, our prop firm, we think a great deal about the best way to train new traders.  Our core business is training new traders into consistently profitable and then elite traders.  Since 2005, this has been our focus for our work. New traders go through an extensive training program before they ever trade firm capital.  We would never allow … Read More

6 critical trading lessons from crazy $CAR

These are crazy times to trade and $CAR was crazy for even this market.  This is what traders on our desk are saying about this market and this most recent $CAR trading opportunity. One elite trader at our firm in an AAR (After Action Report) to other select elite traders described these trading times this way: What a crazy time … Read More