Last week we talked about the importance of specific skill development as a whole, and how on our desk we use market replay to get more reps and practice. This week we’re going to follow up on that by talking about some of the actual drills you can begin doing. For those unaware, there are many trading platforms that allow you … Read More
Drills For Skills
A few weeks ago I was working with a futures trading student that had been a bit beaten up as of late. We chose to take the path of stripping his trading plan down to its core. We chose to go back to basics. That’s not all though. We also came up with a plan to use market replay to … Read More
Are you overly negative, or ignorantly positive?
It’s the end of the trading session. You’re a good boy- so you’ve definitely journaled and now you’re ready to begin your post-market review. This is where things get interesting for me as a mentor. Let’s consider two traders: Overly Negative Nick, and Ignorantly Positive Pablo. They both made the exact same trade decisions that session, but let’s see how … Read More
5 Pillars of Trading Success
These five pillars will help your trading consistency, which should be your ultimate goal. Interestingly enough, the 5 pillars of trading success have nothing to do with the actual act of trading or even analyzing markets. They involve the work that goes into developing into a trader, as well as developing as a trader. The trades you end up making … Read More
Understand MORE than just price action
Merritt discusses how to identify the psychology behind the charts, how to put yourself in a better position for profitable trades.
Trader review with Dr. S
In this video, Dr. Brett Steenbarger conducts a live trader review with a futures trader from our community. Get an inside look at a real coaching/mentoring session at SMB Futures. See what a great weekly review process includes. Understand the importance of process goals for focused improvement
SMB Futures Private Session
I recently had a wonderful session with a group of developing futures traders and Dr. Brett Steenbarger. (His blog is a must-bookmark at traderfeed.blogspot.com if you’ve been living in a cave and haven’t bookmarked it already!) We like to combine aspects of coaching and mentoring together whenever possible. After some opening comments regarding the current low volatility environment and the … Read More
Does the layout of your charts matter?
Sometimes it’s the simplest of things that can give us just the nudge we need on our path towards consistency. The layout of your charts and order execution windows does have an impact on your ability to perform.