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

8 Ideas to Help Traders Hold their Winners (Trade Strategy)

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

Elite Trading Requires Setting Time To Have Fun

This tweet was inspired by an independent trader struggling to balance his personal life with his trading.  He reached out for help.  He wrote: I want to consult with you about a certain thing that I have not been able to change for two years, since I started trading and it bothers me a lot. I can not balance my … Read More

The Optimal Mindset for Elite Trading (Trader Psychology)

A former SMB DNA student reached out to me for feedback on his trader psychology.  He posed an important question.  That question is: what is the optimal mindset for elite trading. This trader’s specific query was: Curious how my mindset during my best trading days compares to elite traders at your firm during their best trading days? My best trading … Read More

When you have to start making real money as a trader (now!)

  It is not uncommon for a trader to have to start making real money.  Perhaps the trader is running out of money.  Or if he at a firm, where he is being paid like SMB Capital, and the firm needs to see him start to make progress. The trader has his back up against the wall.  The trader needs … Read More

How you can develop a trading hot streak

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

Add value to grow your trading network

Yesterday a trader asked me to share his email address and suggest to some traders I know to reach out to him. I declined.  I didn’t know this trader.  I didn’t know if this trader would add value to the trading of my friends.  I couldn’t recommend him to my friends. The trader shot back a disappointed email, which bothered … Read More

This is what unprofessional trading looks like

Good Morning Mr. Bellafiore, I’ve been reading your book One Good Trade where you talk about traders doing exercises on exiting losing trades. This seems to be my main problem. I’ve had weeks where I’m up close to five figures then on one day give it all back and then some. Mainly because I get this deer in headlights feeling … Read More