Many trading eyes are waiting for a $TSLA bounce. Let me share four keys (not all of them) to trade this opportunity well as an active trader. Sensing too many traders were positioning for a bounce *too early*, I shared this tweet with the trading community: My goal was to remind traders they needed to be specific about the Bounce … Read More
Team Good2Gr8! at SMB
At SMB we identified an important goal for 2023. That goal is to help *good* traders become *great*. We call it Team Good2Gr8!. The goal is raise the floor on our good traders to improve these traders and the firm. One exciting new best practice has come from Team Good2Gr8! that could help your trading. @TheOneLanceB, Legend, is assisting in … Read More
Wall Street’s Top Trader Invites Me to His Penthouse (Show Notes)
@BTheStory87 interviews Lance Breitstein, former back-to-back #1 trader at a tier one prop firm, in this MUST WATCH video. Below are the Show Notes of this interview- Wall Street’s Top Trader Invites Me to His Penthouse. We hope this video gives you numerous ideas to improve and grow as a trader. Lance and “B The Trader” Interview Show Notes Key … Read More
The #1 Mistake Traders Make Before Exiting a Trading Session: Insights from Transparent Traders
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