Our mission for this training is to help mentor students to become skilled day traders.
The founding partners of SMB believe that it is important to have a structured training program focused on "skill development", whereas most mentoring programs simply offer a series of technical setups, which is not sufficient to develop consistently profitable day traders.
We put traders into a position to compete in the market by clearly laying out the set of skills which need to be developed.
The DNA of Successful Trading is taught using in-depth lectures that give you the domain knowledge of trading principles that actually matter, exercises that are designed to translate the concepts into any learning style, and weekly group mentoring sessions to use current market examples and show how the concepts are playing out right now.
14 On-Demand Modules
Module 1: Stock Selection and Game Plan
Module 2: The Seven Fundamentals of One Good Trade
Module 3: Risk Management
Module 4: The SMB PlayBook
Module 5: Trade Review
Module 6: Best Trades To Develop
Module 7: Price Action Analysis
Module 8: Trading Psychology
Module 9: PlayBook Trades
Module 10: The Report Card
Module 11: Trading Consistency
Module 12: Sizing
Module 13: Trading a Live Account
Module 14: Reading the Tape examples
Bonus: Ten Lessons From The Trading Desk
Bonus II: Six Essential Trading Lessons from Top Traders You Need to Learn
Bonus III: Automated Trading with Andrew Falde
Live SMB Meetings Every Week
SMB AM Meeting with Steve Spencer(Five per Week) - Watch a 20-year veteran trader discuss what stocks he’s looking to trade, and key levels to watch each morning before the opening bell.
DNA Weekly Review Meeting with Steve Spencer - This is your time each week to ask questions about module topics, trades from the week, and anything else you need help with.
Includes 8 core topics from SMB Foundation, which we use to train our NYC desk.These are the 8 topics we have found to have the greatest impact on their level of success while trading firm capital.
Lessons are delivered via lectures, worksheets, video and live group mentoring. This allows students to learn at their own pace and ask questions during the process.
The pillars of developing a daily routine, internalizing the DNA of One Good Trade and the transformation of converting your burning desire into disciplined elite performance, are the foundation from which skill development is built upon. These three pillars are where conviction is born.
The training then moves into learning the critical difference of our proprietary idea generator of "Stocks In Play" and how it greatly differs from simply reading charts to find ideas. We then move into converting Stocks in Play into a morning Game Plan. Learning the power behind Stocks in Play is worth the investment in the training by itself.
Trade Review: Structured training for reviewing your work and how to keep a proper trading journal are an integral part of the ten weeks. It is imperative to take action, learn and document your results to position yourself to improve.
The SMB PlayBook. Each trader has different resources. Capital, experience, time, ability to learn and ability to process information. In this module, we introduce our playbook of setups and teach how to choose among those that match where you are as a day trader. Skill development will begin to arise out of the module.
Risk Management. Believing and internalizing the discipline of risk management is a crucial skill to apply to each and every trade. Your ability to apply the Risk Management lessons, videos and mentoring will make or break your success. It's not hard to make money when everything "lines up"—it's hard to keep it when it doesn't and you have poor Risk Management. This part of the course keeps you in the business.
How to earn what you should when you have a big one on the line. Keeping the downside in check is important but you need to learn how to earn big money when the checks are in your favor. As your skills develop over the five weeks, Mike and Steve will introduce you to the best trades for you to master. You must have your “go to” ideas—and it is these ideas that will become your bread and butter.
Technical Analysis. There is chart reading and there is profitable chart reading. In this module, we cover the basics for newbies but quickly move into how to identify the price levels and trends that truly matter.
Last but not least, the principles of elite performance are sprinkled throughout the entire program. The difference between weekend athlete and professional in the trading arena lies between the ears. Learn how to think big and how to think like a pro.
A Word from Steve Spencer
93% of those who try active trading fail, 7% succeed. Do you have a plan for the next five weeks to join the 7%?
Ask yourself honestly: are your current trading results the best you are capable of? Can your trading improve from where it is today?
Little did I know when I began my trading career in 1996 that one day I would be helping to mold the best short-term traders on the Street.
When Bella approached me with the idea of mentoring "newbies", I told him the only way I would do it was if we first built a comprehensive methodology that would give traders their best chance to succeed.
That is what we have done at SMB: the DNA program takes the most essential parts of our proprietary training and offers it to you.
Steve Spencer, Co-founder of SMB Capital and SMB U
Yassan M. - ( Canada ) says:
The course is great. Novice traders receive a very good introduction to the ropes of modern-day trading and trading veterans can sharpen and update their trading skills.
Deborah K. - ( St Pete Beach, FL ) says:
Awesome program! I am very impressed with the level of effort Mike Bellafiore and Steve Spencer put into mentoring and training the students. There is no one out there that provides the comprehensive training, mentoring, meetings and class materials that SMB provided for the DNA of Success class. The access to the morning ideas meeting and the daily mentoring meetings at noon and after the close were invaluable. The weekly DNA mentoring meetings were also a great experience, being mentored by and being able to chat and ask questions of Bella and Steve was priceless! The class instilled in me the value of the hard work and effort required to become a successful trader. There is a lot to learn and SMB gives you all of the tools and materials to help you succeed.
James C. - ( Manhattan, NY ) says:
An incredible experience! I am approaching my trades with unrecognizable depth and professionalism. Focusing on structure, challenging improvement everyday and building a playbook are leading me to become my very best trader. Mike and Steve are inspirational traders and educators.
Jaroslav V. - ( Australia ) says:
It amazes me what can be learned in two month with professional traders by your side. Individual traders will never achieve the same doing it on their own ...EVER ! Thank you for creating such a great training program for those who strive to be successful.
Filip M. - ( Bulgaria ) says:
I loved the SMB DNA program. It was obvious from the start that you take trader education very seriously and you strive to provide the best education available. I am happy that I enrolled for the SMB DNA program because it gave me access to a totally different approach to trading, totally different concepts and most importantly it gave me a glimpse of how a professional prop trading firm like SMB operates. Comparing prop trading to professional sports was an eye opening factor which gave me direction of how should I approach my development. The need for constant coaching was also another eye opener. I really can't list all the benefits that I gained from your program. Now its up to me to continue following your advices and to never ever give up on the continuous deliberate practice. That will be the determining factor that will make me My Best Trader!!
Regis M. - ( France ) says:
When I started the DNA program, I was struggling with my trading, making some money, losing some money, overall flattish. The DNA program taught us a solid methodology in order to 1. become consistently profitable 2. become as good as we can be Don't expect to be spoon fed though: a LOT depends on you. That's why I think this program is more adapted for traders who have already struggled with the markets for a while. Complete beginners should rather subscribe to "SMB Foundation" program. It's a bit too early to say I am consistently profitable now, but at least, I know that I am on the right path.