At the 2017 TradersExpo in NYC, I shared 8 lessons from our prop desk. As a partner at a prop trading firm in NYC, I have the privilege of watching many traders grow from new to consistently profitable trader to high performing trader to even better. I see how they succeed and why. I share their obstacles and together we … Read More
5 inspirations from Dr. Steenbarger’s Master Class
Yesterday I posted 21 key takeaways from Dr. Steenbarger’s recent Master Class at the TradersExpo. During the introduction of the Master Class Dr. Steenbarger challenged us to write down our goal for our time with him. I wrote, “To be inspired with ideas to teach and train our guys better!” He promised not to stop teaching until each of … Read More
Unveiling Trading Wisdom: 21 Key Takeaways from Dr. Steenbarger’s Master Class
This Sunday I had the privilege of taking Dr. Steenbarger’s Master Class, trading coach and author, at The TradersExpo NYC. It was four hours jam-packed with learning. The Master Class was truly exceptional! Many have reached out to my inbox and asked for me to share my notes with you. I will do so here. To become a distinct trader you must … Read More
Master Class taught by Dr. Steenbarger
I am really excited to be taking the Master Class taught by Dr. Brett Steenbarger, trading coach, this Sunday at The TradersExpo NYC. Our culture at SMB is simple: improve every day. That starts with me and continues through all, including the newest of newbs. I was privileged to see an outline of the Master Class and provide feedback, which … Read More
One of the Most Important Trading Skills You Need to Develop
This coming Wednesday, after the market close, Bella is going to teach a trading class about one of the most important trading skills that many traders don’t understand. Tape reading is a crucial skill for all types of traders. Not just intraday or short term traders. Tape reading skills add value to trades that are held for swing, intraday and … Read More
The danger of the overconfident trader
Yesterday I wrote about a trader struggling with added size and risk. In seeking a solution for this trader one possible area of focus was overconfidence. How does it happen? Why is it dangerous? What can we do to combat overconfidence? You trade well. You are seeing screens well and the market is trading in a way that allows your … Read More
A trader struggles with added risk
Here is an anecdote from our proprietary trading desk in NYC. A consistently profitable trader (CPT) shot me an email this week to chat about struggling with a recent bump in share size and risk. He felt he had taken a step back with his trading after being given the opportunity by the firm to take a few steps forward … Read More
A loud coaching session on the desk
Yesterday we had a loud, unscheduled coaching session with the newest traders on our desk. There were raised voices and language not suitable for network TV. By my count this was the third time these newest traders did not meet an acceptable level of AM preparation. I am not suggesting they did not prepare. I am not suggesting they did … Read More