{"id":47585,"date":"2018-10-06T08:14:16","date_gmt":"2018-10-06T12:14:16","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=47585"},"modified":"2023-03-31T10:13:13","modified_gmt":"2023-03-31T14:13:13","slug":"weekend-learning-lessons-for-traders-from-smb-5","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/weekend-learning-lessons-for-traders-from-smb-5","title":{"rendered":"Weekend learning lessons for traders from SMB: How a junior trader had his most profitable day ever"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-47579\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-1024x576.jpg\" alt=\"\" width=\"600\" height=\"338\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-1024x576.jpg 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-300x169.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-768x432.jpg 768w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-610x343.jpg 610w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-100x56.jpg 100w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-846x476.jpg 846w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day-1184x666.jpg 1184w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2018\/10\/profitable-day.jpg 1280w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>This was overall a frustrating week for traders at our firm and for the traders that I mentor outside the firm. \u00a0That happens. \u00a0The key is to learn and grow.<\/p>\n<p>There were however some highlights. \u00a0One Junior Trader had his best PnL day ever. \u00a0We detail the trade in step-by-step detail that led to his best trading session ever <a href=\"https:\/\/youtu.be\/BzM-Up1FDDU\">here<\/a>.<\/p>\n<p>One trader I work with improved his trading game by expanding his relationships that provide information. \u00a0Another elite trader made a concentrated effort to improve his risk management, with specific risk rules.<\/p>\n<p>Each month brings an opportunity for traders to set new <a href=\"https:\/\/www.smbtraining.com\/blog\/congratulations-on-a-solid-trading-month-now-what-are-your-monthly-goals-to-improve\">monthly goals<\/a> so they improve. \u00a0This week was an opportunity to start working on these new goals.<\/p>\n<p>IGC tested the <a href=\"https:\/\/www.instagram.com\/p\/BoesrfNAVOJ\/?utm_source=ig_share_sheet&amp;igshid=vmvoyoq55cgq\">resilience<\/a> of traders, a key characteristic of elite traders.<\/p>\n<p>Proper <a href=\"https:\/\/www.instagram.com\/p\/BojtUsVAS0N\/?utm_source=ig_share_sheet&amp;igshid=1dwojdytdxpbj\">sizing<\/a> was a huge test for traders this week as they pushed to trade bigger.<\/p>\n<p>For those yet not where they want to be as a trader, remember step one is consistency. \u00a0Steve Spencer, partner at SMB Capital, offers <a href=\"https:\/\/youtu.be\/FGjdGree8b0\">5 ideas to improve consistency and performance<\/a>.<\/p>\n<p>Enjoy your weekend.<\/p>\n<p>Find time to train and improve your trading game.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was overall a frustrating week for traders at our firm and for the traders that I mentor outside the firm. \u00a0That happens. \u00a0The key is to learn and grow. There were however some highlights. \u00a0One Junior Trader had his best PnL day ever. \u00a0We detail the trade in step-by-step detail that led to his best trading session ever here. &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/weekend-learning-lessons-for-traders-from-smb-5\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":47472,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5463],"tags":[1193,5501,653,1499],"class_list":["post-47585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bella-daily-update","tag-trader-education","tag-trader-goals","tag-trader-training","tag-trading-performance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekend learning lessons for traders from SMB: How a junior trader had his most profitable day ever | 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\/weekend-learning-lessons-for-traders-from-smb-5\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekend learning lessons for traders from SMB: How a junior trader had his most profitable day ever | SMB Training\" \/>\n<meta property=\"og:description\" content=\"This was overall a frustrating week for traders at our firm and for the traders that I mentor outside the firm. \u00a0That happens. \u00a0The key is to learn and grow. 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