8 Ideas to Help Traders Hold their Winners (Trade Strategy)

A developing independent trader asked me: how can I better hold my trades to target?  This trader wrote: This isn’t a unique to me issue so wanted to know what the traders on your desk have been successful with to dial this in.  Primary strength is move2move, but this leaves me sidelined for bigger trend trades and ideas unless I’m … Read More

Elite Trading Requires Setting Time To Have Fun

This tweet was inspired by an independent trader struggling to balance his personal life with his trading.  He reached out for help.  He wrote: I want to consult with you about a certain thing that I have not been able to change for two years, since I started trading and it bothers me a lot. I can not balance my … Read More

The Optimal Mindset for Elite Trading (Trader Psychology)

A former SMB DNA student reached out to me for feedback on his trader psychology.  He posed an important question.  That question is: what is the optimal mindset for elite trading. This trader’s specific query was: Curious how my mindset during my best trading days compares to elite traders at your firm during their best trading days? My best trading … Read More

I want to be the best trader at the prop firm

The proper focus for a trader Focus on being your best trader.  Focusing on anything different may cause you to fall short of  your potential.  At our prop firm, falling short of your potential is NOT acceptable. This game is about being your best.  Yet, it is common for traders to strive to be better than another trader(s).  Have you … Read More

When you have to start making real money as a trader (now!)

  It is not uncommon for a trader to have to start making real money.  Perhaps the trader is running out of money.  Or if he at a firm, where he is being paid like SMB Capital, and the firm needs to see him start to make progress. The trader has his back up against the wall.  The trader needs … Read More

This is what unprofessional trading looks like

Good Morning Mr. Bellafiore, I’ve been reading your book One Good Trade where you talk about traders doing exercises on exiting losing trades. This seems to be my main problem. I’ve had weeks where I’m up close to five figures then on one day give it all back and then some. Mainly because I get this deer in headlights feeling … Read More

2 Paths to Making More as a Trader (not one!)

I want to share an important lesson I have learned observing many elite traders.  It is a lesson that some have not yet learned as they seek to make more money.  It troubles me that some think there is only one path to make more money, when that is just not true. Let me share a recent anecdote on our … Read More

Give me your honest opinion (on my trading)

Mr.Bellafiore, I have been trading for a year and a couple of months now. In April of last year I began trading with (redacted), I enjoy trading with them and have taken their …. course. as well as other courses within their offering. This has been valuable to my trading in Identifying the Fundamentals. Recently, I began using Tradervue after … Read More