{"id":46872,"date":"2018-04-30T10:24:12","date_gmt":"2018-04-30T14:24:12","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=46872"},"modified":"2023-06-08T10:41:05","modified_gmt":"2023-06-08T14:41:05","slug":"how-do-i-receive-an-internship-opportunity-at-your-prop-trading-firm","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/how-do-i-receive-an-internship-opportunity-at-your-prop-trading-firm","title":{"rendered":"Unlocking Internship Opportunities at Our Prop Trading Firm"},"content":{"rendered":"

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I received this note from a trader in our community:<\/p>\n

My name is Austin B. Thank you so much for providing your email on the “SMB Capital College Traders Talk At Pace University” YouTube video! I know your time is limited and valuable, so I will be short and brief! <\/span><\/p>\n

Me<\/strong><\/p>\n

* Graduating High School Senior<\/span><\/p>\n

* Majoring in Finance (I’m not attending an Ivy League School, but did get a full-ride scholarship)<\/span><\/p>\n

* Paper Traded for 8 months<\/span><\/p>\n

* Traded on live account for 4 months so far<\/span><\/p>\n

* My playbook consists of support and resistance bounces and breakdowns as well as triangle breakouts, and I use volume\/tape reading to determine if these breakouts or breakdowns will occur<\/span><\/p>\n

* Just finished reading “One Good Trade,” and I would define myself as Money Maker because failing in trading is not an option for me! About to buy “The Playbook”.<\/span><\/p>\n

* My goals for trading everyday is to make one good trade after one good trade and don’t make the same mistakes I made yesterday (I know my mistakes from the previous day because of a trading journal that I have just recently started)<\/span><\/p>\n

* I short-term trade single options on a cash account in order to bypass the PDT Rule and gain leverage; therefore, I trade only big name stocks because of the options liquidity. I would short-term trade stocks and use a normal margin account, but I want the benefits that options trading offers until I can get a fully funded account (25k+) for normal (no options) trading instead. \u00a0<\/span><\/p>\n

* Pretty consistent. Green 4 out 5 days last week. I was actually down one day last week even though I made a good trade. I was about to close the platform and walk away for the day, then I read in “One Good Trade” that you should stay and fight. I stayed and ended the day green by trading One Good Trade after One Good Trade! <\/span><\/p>\n

My Question<\/strong><\/p>\n

What do I need to do in order to be in a good position to receive an internship from a prop firm (preferably SMB Capital!) next summer? <\/strong><\/p>\n

Also, please feel free to offer advice and guidance if you disagree with anything that I have said regarding my strategy\/trading style!!<\/span><\/p>\n

@MikeBellafiore<\/strong><\/p>\n

Here is what stands out to me from your e-mail.<\/p>\n