The Next SMB Trading Summit NYC 2026

adminGeneral Comments

Following the success of our last event, we’re thrilled to share that the next SMB Trading Summit will be held in New York City on March 7, 2026. The SMB Trading Summit NYC 2026 brings together top SMB traders, passionate trading enthusiasts, and community members from across the globe. Whether you’re an experienced trader or just beginning your trading journey, … Read More

What is working for YOU

adminGeneral Comments

When I receive emails from new and developing traders they often dwell on what is not working with their trading.  They recite with precision exactly what they are doing poorly and with thoughtful reasons for this.  Inevitably, they ask for help with these issues. My first response generally is to ask them what they do well.  And we then build … Read More

When you are trading too big

adminGeneral Comments

When are you trading too big? Recently, while heading outside for a trading break, a developing trader stopped me near the elevator.  He gave me a progress report on a new strategy that he was running.  I love it.  It is unique.  He has backtested the strategy and it has edge.  No one else on the desk is trading it. … Read More

Decoding Price Action Analysis: Understanding the Key Differences from Technical Analysis

adminDna Program, Events, Steven Spencer (Steve's) Blogs, Trading LessonLeave a Comment

Technical Analysis is what you already know. Price action analysis is what you should know. Technical analysis is the study of charts. Looking at patterns with the hope that it will appear again and offer an opportunity to make money. That’s not how you make money trading. Profitable trading is about skill development. Price action analysis is truly understanding the underlying factors … Read More

What it Takes to Go Live at Our Firm

adminTrading IdeasLeave a Comment

SMB receives approximately 5,000 applications each year to trade for the firm. As you can imagine, it’s nearly a full time job to sort through 400+ new applications each month. Of the thousands that apply each year, the net acquisition of new traders that go live with the firm is less than 50. That’s right… Less than 1% of applicants … Read More