What are Your Trading Goals for 2014? Share Them Here

Happy New Year! An exercise we ask all of our prop traders in NYC to complete at this time of the year is: Trading Goals for 2014. And then our prop traders will work with their mentors on a plan to achieve these goals. At SMBU, we would love to hear from you about your trading goals for 2014 and … Read More

Can a Day Trader Manage a $10 Million Account?

Hi Mike! I randomly came across the name SMB Capital four times in the past (a story I will tell you about later) before I had the chance to meet you at an open house that you and (Iceman from The PlayBook) had for college students back in April of this year. I have a BA in economics from Baruch … Read More

Chairman Bella Says This is a Strange and Opportunistic Market

Mike Bellafiore, author of The PlayBook and One Good Trade, served as Chairman to The Trading Show New York. Bella was asked to outline his views on this market. His take? This a strange market—and a market of opportunity, opportunity, opportunity. See his PowerPoint presentation below as Chairman to learn why and to prepare for trading in 2014. You can be … Read More

A Message from Trading Coach Bella

Mike Bellafiore, author of One Good Trade and The PlayBook, signed the book you see below for a winner of the BigMikeTrading Contest. Ten winners received signed copies of Bella’s new book The PlayBook, which has been received quite well by the trading community. If you missed this webinar you can watch a replay here. We hope you enjoy it! The SMBU … Read More

Breaking Through as a Trader

Hi Mike, Firstly, I just want to say thank you for your Webinar yesterday for the Big Mike Forum. I’m sure you’re ridiculously busy, but if you have a moment to answer one question, I would greatly appreciate it. You mentioned an SMB trader that needed to take a break in the summer and was able to turn things around … Read More

Trading Quote of the Day

The Trading Quote of the Day has to be from this pro trader who sent me an e-mail about a point I made during a Webinar we did last night with BigMikeTrading. He wrote: We’re just a flea on (the) back of (an) elephant going for the ride. You can see the entire e-mail and its context below. Hey Mike, … Read More

The Next New Growth Stock? (SMB Midday Recap)

During our Midday Recap with Bella we discussed: 1) How to find stocks that have a news pattern to finish at their low or high intraday 2) A finish at the Low Intraday Short opportunity in $CRUS 3) A Relative Strength Swing Trade in perhaps the next new growth stock $GOGO 4) A third tier 3D printer stock trade because … Read More

How Do We Improve This Trader’s Performance?

Hello Mike, I had a quick question for you: I’m currently experiencing a small draw down and was trying to formulate a plan on what are the steps I need to take going forward so that I can get back to being profitable. I came up with some questions I should ask myself and some actions I must take to … Read More