An idea to improve your trading network and trading

I work with a strong trader, outside of SMB, who needed some help with one area of trading.  I recognized the area where this trader could improve and pointed it out.  What happened next can help all of our trading. While I certainly could have gone into how this strong trader could improve in this one area, I thought of … Read More

How do I get hired as a trader?

Hi Mike! Firstly – a big thanks for all you do to give back to the trading community. Your books, videos, and podcast appearances have been a great inspiration and also awesome learning opportunities. A bit of background, I have been trading full time for the past 3 years, at a prop firm and hedge fund (edited). In March, this … Read More

This trader wants it all and wants it now

Hi Mike, I hope you are doing well. I am reaching out to you because I am struggling a bit, having kind of a rough month so far. After having brought my monthly p/l back to break-even on good momentum the day before yesterday, I had a ytd top 3 loss yesterday: 1.5% of my trading equity or ~23k €. … Read More

How do I start the trading day green?

A trader wrote to me seeking feedback on a trading problem he was having. Question to @MikeBellafiore … I noticed, that on most of my days I start in the red. The first couple of trades are usually losses and often I reach my set daily max loss before starting to see profits. What surprises me most, I usually recover … Read More

Two different paths to improved trading consistency

I have observed two different paths to improved trading consistency for active traders. Camp 1- Positive on most trading sessions, with minimal drawdowns relative to profitability Camp 2- Middling around, controlling risk, and then catching largely profitable trades Most traders fall into Camp 1 of daily and systematically churning out profits.  They keep their risk low.  Their gains are more … Read More

How to think about Reading the Tape

I received this question from an SMB DNA Student on Tape Reading and will answer in this blog post. Bella, I am working on documenting what I should be looking on the Tape and came up with a list after reading your 2 books (some of them are the same observation). My first question is whether I miss something:           Also, … Read More

Weekend learning lessons for traders from SMB

Working on your trading game during the weekend is a terrific way to improve. Here is the best from SMB this week, filled with learning lessons, to help your trading. A trade that few retail and independent traders know about but that most pros profit on These are three things that could help 7 values for your trading career A … Read More