Fail, win and then fail some more to become a winning trader

Part II of our training program on our prop desk in NYC is Trader Development.  There is a lot of necessary and wonderful failing that goes on during Trader Development. During this process traders experiment with different setups that we highlight. There are trading strategies worth exploration that active traders use to win. We continually point them out daily during … Read More

Win the Trading Day!

This is part 3 of our trader survey that breaks down the results from our trading community. You will be amazed at what you learn about the challenges and successes that traders in our community are having.

Why did I make this trade ($MGM)?

I made a trade in MGM today, and instantly self-talked: “Uhm, why I am in this trade?” It was not a trade that I trade well. It is not a trade that fits my personality. It is not a trade that extenuates my strengths. Why? Why? Why? We make progress as traders when we stop making trades that do not … Read More

40 trading lessons from The PlayBook

An experienced and successful trader is starting with our desk, powered by Kershner Trading Group, next month. He is one of the more diligent traders you could meet. I have compared him to Tim Tebow in One Good Trade for work ethic. He just powered through One Good Trade and The PlayBook to improve his trading game and better prepare … Read More

Man I stink!

There are four traders in our September trading class, chosen from thousands of applicants. 16 days into his trading career one our new traders wrote this review: At the start of your career you are supposed to stink.  The path of many traders is: 1) lose too much 2) lose less 3) flat 4) slightly positive 5) consistently positive 6) … Read More

My Trading Thesis Was Wrong

In this video I walk you through the process of developing a trading thesis and how to identify when you are wrong. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 19 years. His email address is: [email protected] Steven Spencer is currently long … Read More

Webinar: The Future of Trading By Mike Bellafiore with BigMikeTrading

Below is a webinar on The Future of Trading with Mike Bellafiore, author of The PlayBook and One Good Trade, presenting to the BigMikeTrading community. Mike discusses: * How pro traders are crystallizing their favorite setups * How pro traders are expressing their favorite setups in other products * How pro traders are becoming more bionic and leveraging the power … Read More

Today: Webinar with Mike Bellafiore and Mike from

Join us for a special Webinar, “The Future of Trading: The Multi-market, Multi-product, Discretionary, Quant Trader”, with Mike Bellafiore and Mike from today, Tuesday, November 12 at 4:30pm ET. The topics of discussion are: * How pro traders are crystallizing their favorite setups * How pro traders are expressing their favorite setups in other products * How pro traders … Read More