May Trading Insights: 10 Key Takeaways from Our Prop Desk

BellaBella Daily Update

Each month our traders meet for a monthly review with their Team.  Our floor manager, @TheOneLanceB, our head of trader development- @SMBRecruiting, and I attend and provide mentorship during these meetings, which are run by the Team leader.  Dr. Steenbarger provides invaluable feedback to traders on their monthly review, as well.  Each trader shares their key takeaways from the prior … Read More

Holding Winners: 8 Ideas for a Successful Trade Strategy

BellaBella Daily Update

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

How you can develop a trading hot streak

BellaBella Daily Update

At SMB, our prop firm, we think a great deal about the best way to train new traders.  Our core business is training new traders into consistently profitable and then elite traders.  Since 2005, this has been our focus for our work. New traders go through an extensive training program before they ever trade firm capital.  We would never allow … Read More