{"id":44825,"date":"2017-01-24T13:13:32","date_gmt":"2017-01-24T18:13:32","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=44825"},"modified":"2023-06-08T11:09:26","modified_gmt":"2023-06-08T15:09:26","slug":"from-floundering-retail-trader-to-profitable-pro-trader","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/from-floundering-retail-trader-to-profitable-pro-trader","title":{"rendered":"Transitioning from a Floundering Retail Trader to a Profitable Pro Trader"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-43552\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/05\/merritt3-1024x576.jpg\" width=\"600\" height=\"338\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/05\/merritt3-1024x576.jpg 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/05\/merritt3-300x169.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/05\/merritt3-768x432.jpg 768w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/05\/merritt3.jpg 1600w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>SMB&#8217;s main business is a prop trading desk in NYC.\u00a0 We partner with The Kershner Trading Group, who offers the best technology suite in our space and massive buying power, to run this business.\u00a0 Historically, even before <em>Wall Street Warriors<\/em> and <em>One Good Trade<\/em> and <em>The PlayBook<\/em>, SMB&#8217;s competitive advantage has been training traders from new to consistently profitably and then high performing trader and then better.\u00a0 It&#8217;s our learning and training culture that allows our prop desk to compete.<\/p>\n<p>But we also run another business that is open to aspiring traders globally.\u00a0 We call it SMB Training.\u00a0 Our hope is to help retail, developing and novice traders trade better.\u00a0 We do this in options and futures and systems and equities.\u00a0 This is a for-profit trader training division of SMB.\u00a0 However, the real home run for SMB comes when an SMB Training student earns a spot on our trading desk in NYC.<\/p>\n<p>One path to doing this is thru taking our training programs, catching our eye thru your hard work and ability during training, interviewing and earning a spot on the desk.\u00a0 Only the best of the best of our SMB Training students receive this consideration.<\/p>\n<p>One program that starts that path is our <strong><em>new<\/em><\/strong> training program The Winning Trader.<\/p>\n<p>We study the heck out of those who succeed at our firm, influenced heavily by the work of Dr. Steenbarger (<a href=\"http:\/\/traderfeed.blogspot.com\/\">a daily must read<\/a>).<\/p>\n<p>We study the heck out of those trainees from SMB Training who thrive.\u00a0 And we share that with the trading community on our blog and free daily video.<\/p>\n<p>Let&#8217;s meet another successful trainee, in the video below, at SMB Training to learn how he won last year&#8217;s best student award, and free SMB Foundation in-house training on our prop desk in NYC.<\/p>\n<p>Study who is succeeding so you improve your trading game!<\/p>\n<p>&nbsp;<\/p>\n<p><script src=\"\/\/fast.wistia.com\/embed\/medias\/qb8757obed.jsonp\" async><\/script><script src=\"\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding: 56.25% 0 0 0; position: relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height: 100%; left: 0; position: absolute; top: 0; width: 100%;\">\n<div class=\"wistia_embed wistia_async_qb8757obed videoFoam=true\" style=\"height: 100%; width: 100%;\"><\/div>\n<\/div>\n<\/div>\n<p>*no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SMB&#8217;s main business is a prop trading desk in NYC.\u00a0 We partner with The Kershner Trading Group, who offers the best technology suite in our space and massive buying power, to run this business.\u00a0 Historically, even before Wall Street Warriors and One Good Trade and The PlayBook, SMB&#8217;s competitive advantage has been training traders from new to consistently profitably and &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/from-floundering-retail-trader-to-profitable-pro-trader\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":44831,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4676,5284,2391,2469,5169,144,653,1354,1349,1883],"class_list":["post-44825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-day-trading","tag-floundering","tag-pro","tag-profitable","tag-retail","tag-trader","tag-trader-training","tag-trading-coach","tag-trading-mentor","tag-trading-webinar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>From Retail Trader to Profitable Pro | SMB Training<\/title>\n<meta name=\"description\" content=\"Discover how a retail trader became a profitable pro trader with lessons learned and insights from SMB Training.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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