Welcome back to our new series 30 trading habits in 30 days. Today we share habit #8- Trade2Learn. Don’t just journal, keep your trading journal open while you are trading. How does this help your trading? 1) It relieves pressure. Instead of fixating on whether a trade will work or not, be obsessed with what you can learn from … Read More
A master class of trading lessons from Las Vegas
Last weekend SMB Capital was a sponsor for Traders4ACause in Las Vegas. Many notables from the trading community presented. Below are highlights of the lessons learned from this charity event. I hope their ideas give you ideas to improve your trading and investing. Peter Brandt Models and bottles are not a good reason to enter trading. My presuppositions about trading … Read More
My Preconceived Assumptions About Trading Success Were All False
In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk. Mike asked traders what preconceived assumptions they had about trading success that were false. This video and firm discussion was derived from a Peter Brandt quote from a presentation at Traders4ACause in Las Vegas this weekend. We hope the answers help … Read More
Job Opening- Director of Sales and Business Development
SMBU, an industry leading trading education company, is seeking a Director of Sales and Business Development to build an effective sales team, increase revenues, and enhance company growth. The position is located in our midtown Manhattan office, but our market is global, with approximately 60% of sales from the U.S and 40% from international sales. As our Director of Sales … Read More
6 Facts about the Yahoo Spin-off
In our SMBU Daily Video, Mike Bellafiore, shares 6 facts about the Yahoo spin-off. Mike answers a question from a reader at his The Trading Coach Blog. There is an Ask Anything section you can visit to submit a trading question to Mike. In this video learn: 6 facts about the Yahoo spin off the tax consequences for this spin-off what … Read More
30 trading habits in 30 days – Journal
When I interview an experienced trader for our firm a central question is: what is your review process? I was at lunch yesterday with a firm trader, who wanted to chat about his recent underperformance. Over an apple salad covered with blackened chicken, the trader discussed his waning confidence. I asked, “What is something you used to do in the … Read More
Traders4ACause charity event
SMB Capital is a sponsor for Traders4ACause charity event this weekend in Las Vegas. Congratulations to Nathan Michaud, @InvestorsLive, for organizing this exciting charity event. Just look who will be presenting: Noted trading psychologist, Dr. Steenbarger Market Wizards author, Jack Schwager James Dalton, the godfather of market profile Peter Brandt, veteran commodities trader Here is the full list of speakers for … Read More
Do Retail Traders Have a Chance?
In our SMBU Daily Video, Mike Bellafiore is asked: Do retail traders have a chance? In this video Mike discusses: The advantages of trading for a prop desk The disadvantages of trading retail How you can compete and thrive as a retail trader Yes you can compete! We hope this video helps you improve your trading skills. * no … Read More