{"id":46541,"date":"2018-02-08T17:16:02","date_gmt":"2018-02-08T22:16:02","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=46541"},"modified":"2018-02-08T17:16:02","modified_gmt":"2018-02-08T22:16:02","slug":"the-black-shirt","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-black-shirt","title":{"rendered":"The Black Shirt"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-46542\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/02\/Blackshirt.jpg\" alt=\"\" width=\"672\" height=\"389\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/02\/Blackshirt.jpg 672w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/02\/Blackshirt-300x174.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/02\/Blackshirt-610x353.jpg 610w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/02\/Blackshirt-100x58.jpg 100w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><\/p>\n<p>There is a Green Shirt that hangs on the wall of our trading floor.\u00a0 You earn the Green Shirt for posting 1m net in trading profits.<\/p>\n<p>And then there is the Black Shirt.\u00a0 For that a firm trader must earn north of 2m in net profits.<\/p>\n<p>The firm challenged the trader above, a Black Shirt recipient for 2017, approximately 4 years ago to make 30k in a month.\u00a0 We called it the 30k challenge for our developing and younger traders.\u00a0 It has been fun to see some of them progress so much to earn a Green Shirt and Black Shirt.<\/p>\n<p>How did this trader improve so dramatically to earn a Black Shirt?<\/p>\n<ol>\n<li>Sizing.\u00a0 He trades much larger, focusing on the same trades he was making years ago.<\/li>\n<li>Team Trading.\u00a0 His Team helps him make so much more.<\/li>\n<li>Technology.\u00a0 We are fortunate to partner with Kershner Trading Group, who has built the best technology on the Street in our space.\u00a0 Filters, scripts, models allow traders to play more offense in the markets.<\/li>\n<li>7-Figure Traders around him.\u00a0 He trades better because the traders around him have improved dramatically as well.<\/li>\n<li>Capital.\u00a0 He has a very large trading book, one of the largest on the Street for day trading.<\/li>\n<li>Building from his strengths.\u00a0 He has a particular talent that he expresses in markets.<\/li>\n<li>Coaching.\u00a0 This trader has the good fortune to be coached by Dr. Steenbarger, who works with some of the biggest and best traders in the world.<\/li>\n<\/ol>\n<p>From my seat&#8230;&#8230;<\/p>\n<p>Capital really helps you make more.\u00a0 Technology really helps you make more.\u00a0 An improved trading environment really helps you make more.\u00a0 Team trading really helps you make more.\u00a0 Sizing up in your strengths really helps you make more.\u00a0 Coaching really matters.<\/p>\n<p>Now that next level is: 8-figure trader.<\/p>\n<p>Your comments\/feedback\/questions are welcome- mbellafiore@smbcap.com.<\/p>\n<p>*no relevant positions<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a Green Shirt that hangs on the wall of our trading floor.\u00a0 You earn the Green Shirt for posting 1m net in trading profits. And then there is the Black Shirt.\u00a0 For that a firm trader must earn north of 2m in net profits. The firm challenged the trader above, a Black Shirt recipient for 2017, approximately 4 &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/the-black-shirt\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":46542,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4676,30,1687,50,18],"class_list":["post-46541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-day-trading","tag-prop-trading","tag-prop-trading-desk","tag-proprietary-trading","tag-smb-capital"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Black Shirt | 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-black-shirt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Black Shirt | SMB Training\" \/>\n<meta property=\"og:description\" content=\"There is a Green Shirt that hangs on the wall of our trading floor.\u00a0 You earn the Green Shirt for posting 1m net in trading profits. 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