What is your trading process? Does it work? Why not?

Is your trading process simply not working? In a recent survey to traders that follow SMB, we found that a vast majority of traders (over 84%) are getting mediocre results or negative results in their trading. Even the most passionate, intelligent, and committed traders are among this group. But it doesn’t have to be that way for you any longer. … Read More

[New Series] Which Technical Indicators Work Best?

Ever wonder which technical indicators are best for trading? Look no further than this series with Andrew Falde that teaches you exactly how to answer that question with statistics, custom algorithms, and back testing. No relevant positions. Trades are hypothetical.

How Bad Do You Want It?

Traders must be ready to become great. Being an elite trader must be important enough to you so that you do the work required to be special. Your mentor, your firm, your institutional bank or hedge fund cannot make you into a great trader unless it is important enough to you. I had a private conversation about a very good … Read More

Do What You Do!

This week Roy Davis, Director of SMB Training, and I headed to the 92nd Street Y to listen to Dan Pink discuss his excellent, well-researched, thought-provoking new book on motivation in the workplace, Drive. Dan challenges our present management model by presenting new evidence why a motivational work environment should offer purpose, mastery, and autonomy (see awesome Dan Pink animated … Read More