If homemade chocolate chip cookies are made and I eat one, there is a 100 percent chance that I will eat many, many more. If I fade a strong stock, there is a 70 percent chance that this trade will result in a loss. Last nite we were visiting friends and our host made some chocolate chip cookies. I ate one … Read More
Sit In Your Seat
I am a process guy. It’s the stuff that goes into getting results that is much more important to me and as a result our prop trading desk at SMB Capital. I love to see our guys do the right things. And the past two days have been examples of our traders doing the little things necessary to trade successfully. … Read More
Pattern Recognition and air travel
My partner and I were invited to Chicago yesterday for an interview to discuss our firm, SMB Capital. All went well, grabbed some deep dish pizza at Gino’s East (delicious!), and headed for O’Hare. The 3pm to NYC was delayed for 2 hours, the 4 for a little over 2 hours and the 5 for about 2 1/2. My plane was posting for … Read More