Lessons learned in Chicago from experienced traders

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 markets.  … 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