{"id":10732,"date":"2011-04-05T22:21:02","date_gmt":"2011-04-06T02:21:02","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=10732"},"modified":"2011-04-06T10:51:52","modified_gmt":"2011-04-06T14:51:52","slug":"trading-lesson-from-the-nyc-bus-system-anf","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf","title":{"rendered":"Trading lesson from the NYC bus system (ANF)"},"content":{"rendered":"<p>What the heck does the NYC bus system have to do with intraday trading?\u00a0 Think about it&#8230;. is the best way to start your day waiting on the corner for the bus or running down the sidewalk trying to catch the bus?\u00a0 I choose patiently waiting for the bus.\u00a0 If you want to make it as a intraday trader you should opt for my choice. Here\u2019s why\u2026<\/p>\n<p>Finding and trading the different opportunities that are presented each day is task number 1 in our job. It pays to be on time and ready to work without being all sweaty and out of breath from chasing the bus. Some trades are on the corner waiting, the bus comes you hop on and like magic it\u2019s a nice easy ride that gets you where you wanted to go. Many times however you see the bus leaving the corner and you decide to make a run for it. When this happens do you get upset? Sulk? Or continue chasing?<\/p>\n<p>None of these are choices that will help you survive in this job. So take a deep breath and think of the good ole NYC bus system \u2026ANOTHER BUS IS COMING! You don\u2019t have to stand on that corner long before another bus or trading opportunity comes. Opportunities are easier to make up rather than the losses that come from chasing, trading mad or frustrated.<\/p>\n<p>You are going to be late sometimes ..GET USED TO IT. It does not matter how long you do this job once in a while you\u2019re going to be late. How you handle being late will determine how your day is. Here is a trade I missed today but by waiting patiently the bus came again and this time I was waiting.<\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><a href=\"http:\/\/chart.ly\/4wh8gha\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10731\" title=\"bus\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png\" alt=\"\" width=\"512\" height=\"339\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png 732w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus-300x198.png 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">Jeff Davis<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/chart.ly\/users\/Shaq48_Trading\">Shaq48_Trading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What the heck does the NYC bus system have to do with intraday trading?\u00a0 Think about it&#8230;. is the best way to start your day waiting on the corner for the bus or running down the sidewalk trying to catch the bus?\u00a0 I choose patiently waiting for the bus.\u00a0 If you want to make it as a intraday trader you &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\" class=\"more-link\">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":[1532],"tags":[1703,1111,81,1193,653,1349],"class_list":["post-10732","post","type-post","status-publish","format-standard","hentry","category-guest-blog","tag-anf-trading-coach","tag-momentum","tag-smb-training","tag-trader-education","tag-trader-training","tag-trading-mentor","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trading lesson from the NYC bus system (ANF) | 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\/trading-lesson-from-the-nyc-bus-system-anf\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading lesson from the NYC bus system (ANF) | SMB Training\" \/>\n<meta property=\"og:description\" content=\"What the heck does the NYC bus system have to do with intraday trading?\u00a0 Think about it&#8230;. is the best way to start your day waiting on the corner for the bus or running down the sidewalk trying to catch the bus?\u00a0 I choose patiently waiting for the bus.\u00a0 If you want to make it as a intraday trader you ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\" \/>\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=\"2011-04-06T02:21:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2011-04-06T14:51:52+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png\" \/>\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\/trading-lesson-from-the-nyc-bus-system-anf#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Trading lesson from the NYC bus system (ANF)\",\"datePublished\":\"2011-04-06T02:21:02+00:00\",\"dateModified\":\"2011-04-06T14:51:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\"},\"wordCount\":308,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png\",\"keywords\":[\"ANF. trading coach\",\"momentum\",\"smb training\",\"trader education\",\"trader training\",\"trading mentor\"],\"articleSection\":[\"Guest Blog\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\",\"name\":\"Trading lesson from the NYC bus system (ANF) | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png\",\"datePublished\":\"2011-04-06T02:21:02+00:00\",\"dateModified\":\"2011-04-06T14:51:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png\",\"width\":\"732\",\"height\":\"484\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trading lesson from the NYC bus system (ANF)\"}]},{\"@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":"Trading lesson from the NYC bus system (ANF) | 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\/trading-lesson-from-the-nyc-bus-system-anf","og_locale":"en_US","og_type":"article","og_title":"Trading lesson from the NYC bus system (ANF) | SMB Training","og_description":"What the heck does the NYC bus system have to do with intraday trading?\u00a0 Think about it&#8230;. is the best way to start your day waiting on the corner for the bus or running down the sidewalk trying to catch the bus?\u00a0 I choose patiently waiting for the bus.\u00a0 If you want to make it as a intraday trader you ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2011-04-06T02:21:02+00:00","article_modified_time":"2011-04-06T14:51:52+00:00","og_image":[{"url":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png","type":"","width":"","height":""}],"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\/trading-lesson-from-the-nyc-bus-system-anf#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Trading lesson from the NYC bus system (ANF)","datePublished":"2011-04-06T02:21:02+00:00","dateModified":"2011-04-06T14:51:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf"},"wordCount":308,"commentCount":2,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage"},"thumbnailUrl":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png","keywords":["ANF. trading coach","momentum","smb training","trader education","trader training","trading mentor"],"articleSection":["Guest Blog"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf","url":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf","name":"Trading lesson from the NYC bus system (ANF) | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage"},"thumbnailUrl":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png","datePublished":"2011-04-06T02:21:02+00:00","dateModified":"2011-04-06T14:51:52+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/bus.png","width":"732","height":"484"},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-from-the-nyc-bus-system-anf#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Trading lesson from the NYC bus system (ANF)"}]},{"@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\/10732","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=10732"}],"version-history":[{"count":0,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/10732\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=10732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=10732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=10732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}