Working hard may be getting in the way of your trading success

You say: I want to be a professional trader.  I need to work as hard as I can to accomplish that goal.  I will outwork everyone at my firm or in my trading community. There is a problem here.  Catch it? To accomplish your goal working as hard as you can will not help you accomplish your goals.  That will … Read More

Die Hard starts winning again

Die Hard is a senior trader who makes a ton of PnL.  Unfortunately for him and our firm, he also loses a ton of PnL.  This is actually a good problem to have for the trader willing to review and work.  Many experienced traders aren’t willing to journal and review and adapt.  They want to just keep hitting the buttons … Read More

Why Every Trader Should Have a System – Part 2

In our SMBU Daily Video, learn more about Systems Trading. In this video from Andrew Falde, you will learn: The difference between guidelines and rules Some examples of types of signals What filters can do for you Different levels of automation – from filtering to order placement and full portfolio management We hope this video helps your trading. *no relevant … Read More

Improving your Trading Psychology with a Hedge Fund Trader (SMBU Daily Video)

In our SMBU Daily Video, learn how to improve your trading psychology. In this video from Bruce Bower, you will learn: How to manage your emotions and emotional state. Why getting in the zone will help you trade better. How to access your peak performance state. We hope this video helps your trading. *no relevant positions

Why Every Trader Should Have A Trading System (SMBU Daily Video)

In our SMBU Daily Video, you will learn why every trader should have a trading system. In this video from Andrew Falde, you will learn: What a trading system is and why every trader needs one. What are the different types of trading systems. How you can make your trading system a routine. What guidelines you can incorporate into your … Read More

Don’t Chase….Here’s What Will Happen (SMBU Daily Video)

This SMBU Daily Video teaches a lesson on equities trading and is given by Steve Spencer, Managing Partner at SMB. From this video you will learn: If you continue to chase stocks, eventually you will get burned. Pro traders can get away with chasing sometimes. It takes 5 good trades to make up for one poor chase. We hope this … Read More