{"id":455,"date":"2009-03-20T16:49:15","date_gmt":"2009-03-20T21:49:15","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=455"},"modified":"2009-03-20T21:11:40","modified_gmt":"2009-03-21T02:11:40","slug":"the-daily-trading-coach-a-must-read","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-daily-trading-coach-a-must-read","title":{"rendered":"The Daily Trading Coach- A Must Read"},"content":{"rendered":"<p>\u00a0<img decoding=\"async\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/coaching-book.gif\" alt=\"The Daily Trading Coach\" \/><\/p>\n<p>&#8220;<a target=\"_blank\" href=\"http:\/\/www.amazon.com\/Daily-Trading-Coach-Becoming-Psychologist\/dp\/0470398566\/ref=pd_sim_b_2\">The Daily Trading Coach-\u00a0 101 Lessons for Becoming Your Own Trading Psychologist<\/a>&#8220;, written by Dr. Steenbarger is now being shipped by Amazon.\u00a0\u00a0 We have our orders in at SMB.\u00a0 I cannot wait for my copy to arrive.<\/p>\n<p>A few months ago I received an email from Dr. Steenbarger asking me if I would like to participate in his next book.\u00a0 Dr. Steenbarger has visited our firm and offered ways to improve our <a href=\"http:\/\/www.smbtraining.com\">training<\/a>.\u00a0 Dr. Steenbarger has answered numerous emails from me about how we can get better.\u00a0 Dr. Steenbarger has taken personal phone calls from Steve and me about how we can train better.\u00a0 Of course I was going to help.<\/p>\n<p>But also I found the subject interesting.\u00a0 Dr. Steenbarger asked me to share things that I do regularly to help my own trading.\u00a0 Chapter Nine in his new book is a compilation of ideas from trading professionals on what they do that helps their trading.\u00a0 These are ideas from real traders.\u00a0 Traders who trade everyday and in today&#8217;s market.\u00a0 These are traders whose ideas I want to read.<\/p>\n<p>I spent the better part of the next five days working on my contribution.\u00a0 I had one of our interns provide research assistance.\u00a0 And we sent it in.\u00a0 It was an assignment I enjoyed.<\/p>\n<p>Dr. Steenbarger has announced the list of professional traders on his website.\u00a0 My favorite post about the contributing traders is from Firebird who wrote, &#8220;Wow! This is like a dream team of trading!&#8221; So who would I be on this dream team?\u00a0 I was kind of hoping that I could be Chris Mullin.\u00a0 I was a huge St. John&#8217;s fan growing up on Long Island.\u00a0 I remember sitting in the blue seats with my dad at the Garden watching Mullin&#8217;s teams battle the great Ewing teams.\u00a0 There was Louie with his lucky sweaters.\u00a0 Remember John Thompson teasing Louie wearing a copycat sweater? \u00a0 And I can really shoot the ball so I think I ought to be him.\u00a0 It is an impressive list of traders.\u00a0 I hope you enjoy my contribution.<\/p>\n<p>I have been trading for eleven years.\u00a0 I have traded my own account for about a decade.\u00a0 I have traded through the Asian financial crisis, the tech boom, the Internet bubble, 9\/11, a range bound market, and the sub-prime mortgage mess.\u00a0 I have been positive every single month in the past five years, save one.\u00a0 Currently I have not had a negative trading day in over five weeks.\u00a0 I have read hundreds of books on coaching and trading.\u00a0 I have a law degree.\u00a0 I run a trading firm that is recognized for its exceptional training program.\u00a0 When I need advice, I contact the best trading teacher that I know.\u00a0 I contact Dr. Steenbarger.<\/p>\n<p>On a personal note Dr. Steenbarger has never once been unavailable to help us.\u00a0 He is not paid for his work with SMB.\u00a0 On a light note, Dr. Steenbarger signs every email and answers every phone call with Brett.\u00a0 He tries to get me to call him Brett.\u00a0 That will never happen.\u00a0 Derek Jeter calls Joe Torre &#8220;Mr. Torre&#8221;.\u00a0 They have known each other every since Jeter broke into the league as a 21 year-old rookie SS.\u00a0 They have won four world championships together.\u00a0 To this day Jeter refuses to call Joe Torre &#8220;Joe&#8221;.\u00a0 To Derek Jeter he is always &#8220;Mr. Torre&#8221;.\u00a0 And to me Dr. Steenbarger will always be Dr. Steenbarger.<\/p>\n<p>I have had the opportunity to read some of Dr. Steenbarger&#8217;s book.\u00a0 It is excellent.\u00a0 My favorite part is when he makes fun of me.\u00a0 But I am not gonna give away why.\u00a0 Pick up the book.\u00a0 It will be a great read.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 &#8220;The Daily Trading Coach-\u00a0 101 Lessons for Becoming Your Own Trading Psychologist&#8220;, written by Dr. Steenbarger is now being shipped by Amazon.\u00a0\u00a0 We have our orders in at SMB.\u00a0 I cannot wait for my copy to arrive. A few months ago I received an email from Dr. Steenbarger asking me if I would like to participate in his next &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/the-daily-trading-coach-a-must-read\" 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":[10],"tags":[75,18,38],"class_list":["post-455","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-dr-steenbarger","tag-smb-capital","tag-trading","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>The Daily Trading Coach- A Must Read | 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\/the-daily-trading-coach-a-must-read\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Daily Trading Coach- A Must Read | SMB Training\" \/>\n<meta property=\"og:description\" content=\"\u00a0 &#8220;The Daily Trading Coach-\u00a0 101 Lessons for Becoming Your Own Trading Psychologist&#8220;, written by Dr. Steenbarger is now being shipped by Amazon.\u00a0\u00a0 We have our orders in at SMB.\u00a0 I cannot wait for my copy to arrive. A few months ago I received an email from Dr. Steenbarger asking me if I would like to participate in his next ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/the-daily-trading-coach-a-must-read\" \/>\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=\"2009-03-20T21:49:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2009-03-21T02:11:40+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/coaching-book.gif\" \/>\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\" 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