In Dr. Steenbarger’s terrific post he reminds us that each trading session is a gift to learn. He wrote, “Every day of trading provides a day’s worth of review and learning.” I shared a lesson I learned while trading $MTCH today in this video review. This was a lesson learned after a trading loss after a high conviction trade. Arrogant trades … Read More
Optimal Number of Stocks to Watch During a Trading Session
Hi Mike, My name is Jonathan. I am a relatively new trader and I began reading your first book One Good Trade. I love the idea of your if/then statements and I would love to work on my own statements. I have a list of plays I believe I have the most edge in, one being red to green or … Read More
I am brand new, what trader training should I take?
Hello Mike, How are you doing? I hope you had a great weekend. I have a question for you about what could a trader do with limited funds to get started in SMB. Currently, I am reading your book One Good Trade and taking notes it is eye opening and inspiring. Especially about Bruce Kovner. I am in a similar … Read More
Unlocking Internship Opportunities at Our Prop Trading Firm
I received this note from a trader in our community: My name is Austin B. Thank you so much for providing your email on the “SMB Capital College Traders Talk At Pace University” YouTube video! I know your time is limited and valuable, so I will be short and brief! Me * Graduating High School Senior * Majoring in Finance … Read More
Unveiling the Best-Kept Secret: The Word Top Traders Use to Describe Their Trading Success
There is a word that I keep reading over and over again from traders performing at their best. And often this language is present in the reviews of elite traders. Notice the language in this review below: ….overall feeling energized and confident for the month of April. Great opportunity at the moment, I just need to be in the right … Read More
Traders call this a “frustrating” trading month
If you asked me to search my e-mails and chats for the word most used to describe trading this month it would be: “frustrating”. One trader wrote in an end-of-day review, “Very frustrating day for me due to finishing this red after most of the ideas were working in the AM.” Another trader wrote in his Daily Report Card, “definitely feeling a … Read More
One trader is failing because of this says him
I was talking to a struggling developing trader, presently at a trading arcade, who was looking for a new home because of a lack of mentoring. He understood that at his trading arcade (trader places a risk deposit for first losses and firm provides leverage) it was not their business model to extend mentoring and coaching. *There are other trading … Read More