Start Your Trading Goals for 2017 Now

smbcapitalGeneral Comments

Wait a minute… we’ve still got another two and a half months until the end of this year, why are we talking about getting ready for next year? The pro traders on our desk are already preparing their goals for 2017. Proper preparation is a never-ending process that requires you to be thinking ahead. Even the top performing traders know how … Read More

Congratulations On A Solid Trading Month! Now What Are Your Monthly Goals to Improve?

smbcapitalFree Daily Trading Video, General CommentsLeave a Comment

In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk.  Mike asked our new traders to share one of their monthly goals. In this video you will learn: Some of the monthly goals from traders on the desk. Mike shares an email he sent to a High Performing Trader who made … Read More

How Memory Affects Your Trading

John LockeGeneral Comments, John Locke, Trading Lesson, Trading Psychology, Trading Theory1 Comment

The emotions we feel and the actions we take are largely dependent on how we remember things.  This is because we use our memories to learn.  We might think something like “I remember the last time this happened. I did that and got a favorable result, therefore I will do that again.” The challenge however, is that our memories aren’t … Read More

Harness the Power of Your Emotions

John LockeGeneral Comments, John Locke, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

As humans we make decisions based on emotions. Of course we sometimes use logic change our decisions but our initial decision, and the one we are most likely to act upon, is always based on emotion. This is because our emotions are much more powerful and react much more quickly than our logic. Therefore, our emotions quickly send us down … Read More