Lessons Learned in Chicago From Experienced Traders from smbcapital This week I visited Chicago and with experienced traders covering different products and in different structures. I visited with traders at hedge funds, prop firms, broker dealers, trading education centers, independent traders, exchanges, and institutions. These seasoned veterans expressed their ideas in options, futures, stocks, automated trading, and international … Read More
What I learned about the future of trading during my guest lecture at Columbia U
I was invited to lecture at Columbia University this week to talk with their students most interested in the markets. I have been guest lecturing at colleges since the start of our proprietary trading firm, ten years ago. While walking home to my apartment a few blocks south after this lecture, it struck me that so much has changed with … Read More
The Seven Lessons I’ve Learned
The Seven Lessons I’ve Learned Over the past several years of writing about trading and investing, psychology and self-development, there are a few things that seem to come up over and over. When I started out, I just wanted to share what I found interesting and what I had learned in my career journey. But after some time, as I … Read More
Lessons Learned From A Million Dollar Loser
Imagine that you’re on top of the world…You have achieved brilliant career success on the trading floor of Chicago; you sit on the important governing body of your industry; you’ve got a wonderful family; and plenty of toys to enjoy in your spare time. And then, in what seems like a blink of an eye, you lose it all. You … Read More
What I Learned From The Best Trader at Citibank
In my senior year of college, I hit the jackpot. No, I didn’t win the lottery. I did even better– I got the job I wanted in the markets. Let me repeat: *the* job. Note: the lesson is that if I can do it, then anyone can! Ever since I was 14, I knew that I wanted to be a … Read More
Ten Things I Learned From a Professional Trader (Brian Shannon)
Brian Shannon of www.alphatrends.net and @alphatrends was our special guest speaker yesterday. During a busy week of trading, the NYC Trader Expo, and meetings, SMB was grateful that our good friend found some time to talk with our desk. It was a lecture not to be missed. Thank you, Brian! Here are ten things that I learned from Brian’s lecture: … Read More
Awesome Links of Late
Darrelle Revis, standout cornerback of the NY Jets, offers another example of the power of deliberate practice. Good news on the jobs front for 2010. Advice on picking stocks for the next decade. For New Year’s Eve I was in AC and caught David Gray in concert. His energy, passion, and his band’s mastery of their craft was inspirational. The … Read More