{"id":10190,"date":"2011-03-03T10:07:50","date_gmt":"2011-03-03T15:07:50","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=10190"},"modified":"2021-05-06T15:23:40","modified_gmt":"2021-05-06T19:23:40","slug":"3-unique-traits-of-the-successful-trader","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader","title":{"rendered":"Three Unique Traits of the Successful Trader"},"content":{"rendered":"

Seth Freudberg<\/a> of the upcoming SMB Options Training wrote a recent blog on the unique traits<\/a> of successful traders.\u00a0stevenplace weighed in as well with his always brilliant thoughts<\/a>. Seth paraphrased my answer to this question in his post and after reading my answer, I would like to offer a better answer, if that is acceptable.<\/p>\n

1. Find the plays that make the most sense to you.<\/strong><\/p>\n

Build from your unique personality<\/a>. Some traders will make a career of momentum trading, killing anything that is moving. They could care less about a balance sheet or even the\u00a0actual\u00a0full name of the symbols they trade. They just want to play and are damn good at it. Some will find this intellectually\u00a0suffocating. They will want to trade all the markets, reading as much about as many longer term opportunities as possible. This fits their inner need to learn, think, and grow intellectually. Both are totally acceptable save if the momo trader is forced to trade macro plays.<\/p>\n

2. Spend as much time trading, thinking about trading and talking about trading as you can possible stand.<\/strong><\/p>\n

The past years have gifted us a treasure of research on elite performance which provides a clear path for our success. Time <\/a>at our craft, experience<\/a>, practice, reps gained determining plays<\/a> are the road to successful trading. Put down Boring New Book About Some New System You Do Not Understand<\/em> and start reading The Talent Code, Bounce, Talent is Overrated, Mindset, Drive, Outliers, The Art of Learnin<\/em>g.<\/p>\n

3. Find a GREAT mentor. <\/strong><\/p>\n

And I do not mean necessarily at a trading firm. Before Dr. Steenbarger<\/a> went off-line and joined one of the great hedge funds of our time, I peppered him with questions. Phil Mickelson, considered one of our greatest golfers ever, has three coaches watching his game. Peyton Manning has a head coach, offensive coordinator, quarterback\u00a0coach, and father providing him feedback. There is little evidence of elite performers reaching their potential without high-level coaching.<\/p>\n

So there is my new list. What’s your list?<\/p>\n

Mike Bellafiore<\/p>\n

Author, One Good Trade<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Seth Freudberg of the upcoming SMB Options Training wrote a recent blog on the unique traits of successful traders.\u00a0stevenplace weighed in as well with his always brilliant thoughts. Seth paraphrased my answer to this question in his post and after reading my answer, I would like to offer a better answer, if that is acceptable. 1. Find the plays that … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[81,109,1193,653,38,1354,1643],"class_list":["post-10190","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-smb-training","tag-success","tag-trader-education","tag-trader-training","tag-trading","tag-trading-coach","tag-traits","no-post-thumbnail"],"yoast_head":"\nThree Unique Traits of the Successful Trader | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Three Unique Traits of the Successful Trader | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Seth Freudberg of the upcoming SMB Options Training wrote a recent blog on the unique traits of successful traders.\u00a0stevenplace weighed in as well with his always brilliant thoughts. Seth paraphrased my answer to this question in his post and after reading my answer, I would like to offer a better answer, if that is acceptable. 1. Find the plays that ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-03-03T15:07:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-06T19:23:40+00:00\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Three Unique Traits of the Successful Trader\",\"datePublished\":\"2011-03-03T15:07:50+00:00\",\"dateModified\":\"2021-05-06T19:23:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\"},\"wordCount\":351,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"keywords\":[\"smb training\",\"Success\",\"trader education\",\"trader training\",\"trading\",\"trading coach\",\"traits\"],\"articleSection\":[\"Mike Bellafiore's (Bella's) Blogs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\",\"name\":\"Three Unique Traits of the Successful Trader | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"datePublished\":\"2011-03-03T15:07:50+00:00\",\"dateModified\":\"2021-05-06T19:23:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Three Unique Traits of the Successful Trader\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\",\"name\":\"Bella\",\"description\":\"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.\",\"sameAs\":[\"https:\/\/www.smbtraining.com\/blog\/bellas-blog\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/bella\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Three Unique Traits of the Successful Trader | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader","og_locale":"en_US","og_type":"article","og_title":"Three Unique Traits of the Successful Trader | SMB Training","og_description":"Seth Freudberg of the upcoming SMB Options Training wrote a recent blog on the unique traits of successful traders.\u00a0stevenplace weighed in as well with his always brilliant thoughts. Seth paraphrased my answer to this question in his post and after reading my answer, I would like to offer a better answer, if that is acceptable. 1. Find the plays that ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2011-03-03T15:07:50+00:00","article_modified_time":"2021-05-06T19:23:40+00:00","author":"Bella","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"Bella","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Three Unique Traits of the Successful Trader","datePublished":"2011-03-03T15:07:50+00:00","dateModified":"2021-05-06T19:23:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader"},"wordCount":351,"commentCount":5,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"keywords":["smb training","Success","trader education","trader training","trading","trading coach","traits"],"articleSection":["Mike Bellafiore's (Bella's) Blogs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader","url":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader","name":"Three Unique Traits of the Successful Trader | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"datePublished":"2011-03-03T15:07:50+00:00","dateModified":"2021-05-06T19:23:40+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/3-unique-traits-of-the-successful-trader#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Three Unique Traits of the Successful Trader"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161","name":"Bella","description":"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.","sameAs":["https:\/\/www.smbtraining.com\/blog\/bellas-blog"],"url":"https:\/\/www.smbtraining.com\/blog\/author\/bella"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/10190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/144"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=10190"}],"version-history":[{"count":1,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/10190\/revisions"}],"predecessor-version":[{"id":50851,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/10190\/revisions\/50851"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=10190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=10190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=10190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}