3 Reasons Why We Had Our Best Trading Month (in Firm History!)

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

Trader mentoring that helps you trade professionally (or lose miserably)

Let me offer a sneak peak into a conversation we had on our trading desk yesterday about mentoring a developing trader the right way.  We did this virtually as almost our entire desk is remote due to Covid.  Getting this mentoring right can make all the difference in the career of a trader. A senior trader pinged me for advice … Read More

The Fastest Path to Elite Trader is Patient Progress

You are trading and you are not yet an elite trader.  You want to be.  You think you can be.  It would literally change your life if you could be. Let me share a secret that is vital to the work that we do.  As someone who runs a proprietary trading business in NYC, we are in the business of … Read More

Judge your trading performance versus the opportunity

During a GChat, with an elite trader on our desk, an important lesson emerged. Sitting at my remote trading station, I was pinged with a chat: I can see how everyone is doing on our desk, with a leaderboard we use to watch risk and performance. The leaderboard displays the real-time PnL of all the desk’s traders. I hadn’t noticed … Read More

Improve YOUR trading this weekend with these proven educational videos

Spotting when other traders are screwed Options Strategies: Use the Right Tool for the Job How to Effectively Trade the Highest Volatility Stocks  The Smartest Dumb Trade You’ll Ever Make (technical analysis) Everything you NEED to Know Before Placing a Trade (assuming you don’t want to fail as a trader) Trading psychology: You have to perform Important disclosures

You have to perform (honest talk to traders)

I wrote the tweet above recently.  Let me say this again, as someone who has hired and trained traders since 2005 at SMB Capital, our proprietary trading desk in NYC: Trading is a performance sport.  At a certain point, you have to perform. (What No One Tells You About How To Become An Elite Trader (surprisingly) Not too long ago, … Read More