I am in Sydney on business, meeting with trading firms and traders. Yesterday, I had the opportunity to stand (literally) with Austin Mitchum, @AustinMitchyblu, and observe/participate in his trading of ASX equities. I thought I would share a few observations. 1. One Good Trade Somebody coined this phrase somewhere or wrote a book about it. Strikes me as genius, so … Read More
Elevating Your Trading Performance: 9 Ideas from Yearly Reviews on the Desk
At the start of year, our firm meets with our traders to review their goals for 2019. We trade in teams so we meet in teams. Each trader goes over their goals before their Team Leader and other teammates. Our Floor Manager, Dr. Steenbarger and I participate and offer feedback. Let’s give you an inside look into what we … Read More
Weekend learnings lessons from our trading desk
The weekend is an opportunity to improve as a trader, so let’s get to that with some ideas for you, The quote stuck in my head, repeated often on the desk to our traders, and that can help you is: “Effective best practices turned into habit will drive your trading progress in 2019!”- Mike Bellafiore, SMB Capital Here is a … Read More
SMB Capital in Australia: Connecting with Traders Down Under
I will be in Sydney, Australia 1/20-1/27 visiting trading firms, traders, attending the Australian Open (pumped!), presenting at an event with Chat With Traders, and visiting with friends. Chat With Traders has put together an *awesome* event for traders (see below), where I am a special guest, along with Australian equities traders Austin Mitchum and Bryce Edwards. You can buy … Read More
Weekend Learning: Lessons from Our Prop Desk to Amplify Your Trading Skills
“Grow or die.” Phil Knight- Co-Founder of Nike As we start the new year, developing good habits is essential to improving your trading performance this year. One excellent habit to develop is working on your trading game on the weekend. Here we try and help you with that with trading education and ideas to improve for you below. We try … Read More