In this video, Mike Bellafiore, discusses the importance of journaling important levels so you can take advantage of second day plays. Tyson turned into a classic second day trade this morning. * no relevant positions
Why this trader was not hired
In this video, Mike Bellafiore, shares an interview that ended with an aspiring trader not being hired.
This aspiring trader was deficient in an area that may be keeping you from achieving your potential
as a trader.
Why low gamma trades performed better this year
In this video Seth Freudberg discusses why traders are performing better in low gamma trades vs high gamma trades so far this year. He breaks down why this is happening.
The SMB Trader Community Survey
We’re excited to offer to you a unique survey opportunity. You see, most surveys are designed to collect information from you. This survey is designed to provide valuable insights to you! Here’s how… after you participate in the Trader Community Survey, you will receive a copy of all the collected responses to the first seven questions. Additionally, on December 1, … Read More
How to Develop a More Reliable Trading System
In this video, Andrew Falde shares some of the common elements that several professional traders at our firm share when it comes to developing trading models and strategies that continue to work in the real world. * no relevant positions
The first test for a new trader
You get hired for June on a trading desk. You take The Foundation, a 6 week course. You learn everything you didn’t learn in school, the internet, blogs, cable TV (just kidding), your uncle, and/or trading gurus about the markets necessary to place professional trades. Then it’s on to Trader Development where for the next 6 months you experiment with … Read More
Boring old habits
Ray Allen, former NBA basketball great and UConn alumn, penned a letter to his younger self with the advice: stick to your boring old habits. He wrote movingly: You’ll win a championship in Boston. You’ll win another in Miami. The personalities on those two teams will be different, but both teams will have the same thing in common: habits. Boring … Read More
Which Options Model Are You Relying On?
Every week, options traders like you are sending in questions like one of these: Which options model should I use? Which modeling software is more accurate? Why are my Deltas different than yours? To best answer that question, we should leave the theoretical world and move into the real world… Several of the top performing options traders on our proprietary … Read More