A month of trading poorly is too long. During our recent monthly trader reviews, we made this point to three separate traders, on 3 different teams, with 3 different levels of experience, 3 different trading styles, and after 3 different month’s of production. You do not want to be at your trading station reviewing your month and grade yourself poorly … Read More
How do I get a job at a proprietary trading firm?
Hey Mr. Bellafiore, … I am about to go off to college at the university of Oregon. I’ve been trading for 1 year now and even though I am not yet consistently profitable, I am getting closer and closer to that goal through the help of your two books and SMB’s videos on YouTube. One of the best things I’ve … Read More
Unveiling Our Best Trading Month in Firm History: 3 Key Reasons Behind Our Success!
January of 2021 was our firm’s best trading month, since we started in 2005. March of 2020 had been our prior top month to date. I do hope our success gives you some valuable ideas on how to improve your trading. Here are 3 reasons why we had our best month in firm history: 1. Every trade has an executable … Read More
Top 5 Trader Education Videos of 2020
Important disclosures Mike Bellafiore is the Co-Founder of SMB Capital, a proprietary trading desk, and SMB Training, which provides trading education in stocks, options, and futures. Bella is the author of One Good Trade and The PlayBook. He welcomes your trading questions at [email protected].
8 Reasons Why We Had Our Second Best Trading Month in Firm History
November 2020 was the second best month in our firm’s trading history (founded in 2005). During a firm call with our partners, we were all searching for the right word(s) to describe our performance in November. Finally, I chimed in with “amazing”. Another partner quickly agreed and said “yes it was…. AMAZING!” As like for traders, it is important for … Read More
Weekend learnings lessons for traders from the prop desk – November 30, 2019
Using unusual trading volume to find a Gap and Go and Pullback Trade (profitably) 3 Simple Ideas to Dramatically Improve your Trading Results (from the work of elite traders) Is it easy to make weekly income trading options? (the answer may surprise you) Should you chase a stock? (Spencer speaks) Building from your strengths as a trader (from the … Read More
Everything you need to know before you place a trade in a stock (assuming you want to become a successful trader)
We were in our training room in Midtown Manhattan during our 11AM mentoring session, reviewing TSLA from the opening session. Kinda a big trading opportunity for those following markets lately. One new trader had traded it, but not particularly well. I asked him why he chose TSLA. And he rattled off what he thought was the news catalyst in the … Read More
Weekend trading lessons to help you improve your trading
How to increase your daily profitability Turning a huge misconception about options into a big opportunity How to make an effective IPO Trade to boost trading profits Performing like a pro trader (Mike Bellafiore interview) Why traders should attend Traders4ACause *no relevant positions Important disclosures