#1 Mistake Traders Make Before Leaving a Trading Session

There is a mistake I repeatedly catch on Trading Twitter and even to a lesser degree on our proprietary trading desk.  From my seat, this is the #1 mistake traders make before leaving a trading session.  Let me share this #1 mistake.  And then challenge the trading community for all of us to be better…together. I was scrolling through Trading … Read More

A Saturday Trading Strategy

I came into the office Saturday to get some work done.  Just prior my son finished a baseball doubleheader in Queens. We drove back home, dropped his bags at our apartment, changed, and headed to the office.  His mom and sister were at our beach house so it was just the boys. To keep Luke occupied, while I worked, we … Read More

9 Trading Lessons Essential for Today’s Market

1. Develop your system to short circuit trades that do not feel right. What you certainly DO NOT want to do is short circuit a trade based on your feel before developing your system to do so.  That could lead you to prematurely exiting a good r/r trade. 2. Do your Daily Report Card without fail. Watch: How the Daily … Read More

How to maximize your time with an experienced trader (change idea)

In this post you will learn: How to maximize your time with an experienced trader. You have many of the trading answers you need to improve. Be dilligent because that’s who stands out to successful traders. A potential new video series for the trading community on our YouTube channel. A friend/trading colleague, @austinmitchyblu, reach out and asked for me to … Read More

10 Key Takeaways from March Trading (from the Prop Desk)

1. Gchat an accountability partner to help you trade bigger. One junior trader had a breakout month in March.  During his Team monthly review, this junior trader attributed the below as a big reason for this success:  During the 5-6 biggest opportunities of the month, he sent a Gchat to an accountability partner, outlined why the opportunity was worthy of … Read More

Striving for Excellence in Prop Trading (Podcast with Mike Bellafiore)

In this podcast episode with AlphaMind, Mike shares how SMB puts a heavy emphasis on learning and continual improvement. And in supporting our traders to become elite. What you will hear in this interview is how SMB’s culture of continual improvement and striving for excellence is the fuel behind our success.  And this is what helps so many traders at … Read More

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