{"id":42702,"date":"2015-11-17T14:05:19","date_gmt":"2015-11-17T19:05:19","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=42702"},"modified":"2023-04-25T17:16:40","modified_gmt":"2023-04-25T21:16:40","slug":"invest-in-your-trading-business","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/invest-in-your-trading-business","title":{"rendered":"Invest in your trading business"},"content":{"rendered":"

\"KVW_3879\"<\/p>\n

Invest in your trading business!<\/p>\n

One constant theme on our trading desk is encouraging traders to invest in themselves.<\/p>\n

One 500k-a-year trader on our desk didn’t want to spend $190 a month on an options platform that could make him an extra 50-100k a year.\u00a0 When we laid out these numbers he quickly realized this folly.<\/p>\n

Recently I encouraged 8 traders to trial a trading service that might expose them to new edge.\u00a0 The traders might spend $400 a month to potentially make an extra 10k.\u00a0 That is a good investment for a trading business.<\/p>\n

There are great chat rooms to join to help you make more.\u00a0 Many professional prop traders subscribe to a chat service outside of their desk.<\/p>\n

There are great educational programs to help you make more, even for the profitable trader.\u00a0 Take a week off and learn a new strategy.<\/p>\n

There are great tools to help you make more.\u00a0 Trading signals to help you make better trading decisions add to the bottom line.\u00a0 There is a reason why Bloomberg terminals sit on the desktop of most seven-figure traders.<\/p>\n

I make a handful of phone calls each week talking with service providers who might help our traders make more. Part of your improvement as a trader will come from finding and investing in these services that will help you make more.\u00a0 When you spot one, invest in your trading business.<\/p>\n

And so we ask….what services have helped your trading career and were worth the investment?<\/p>\n

*no relevant positions<\/p>\n

\"tradingworkshop\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Invest in your trading business! One constant theme on our trading desk is encouraging traders to invest in themselves. One 500k-a-year trader on our desk didn’t want to spend $190 a month on an options platform that could make him an extra 50-100k a year.\u00a0 When we laid out these numbers he quickly realized this folly. Recently I encouraged 8 … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":42708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2713,4774,38],"class_list":["post-42702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-business","tag-invest","tag-trading"],"yoast_head":"\nInvest in your trading business | 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\/invest-in-your-trading-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Invest in your trading business | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Invest in your trading business! One constant theme on our trading desk is encouraging traders to invest in themselves. One 500k-a-year trader on our desk didn’t want to spend $190 a month on an options platform that could make him an extra 50-100k a year.\u00a0 When we laid out these numbers he quickly realized this folly. Recently I encouraged 8 ... 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