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

2 Paths to Making More as a Trader (not one!)

I want to share an important lesson I have learned observing many elite traders.  It is a lesson that some have not yet learned as they seek to make more money.  It troubles me that some think there is only one path to make more money, when that is just not true. Let me share a recent anecdote on our … Read More

Give me your honest opinion (on my trading)

Mr.Bellafiore, I have been trading for a year and a couple of months now. In April of last year I began trading with (redacted), I enjoy trading with them and have taken their …. course. as well as other courses within their offering. This has been valuable to my trading in Identifying the Fundamentals. Recently, I began using Tradervue after … Read More

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