{"id":51680,"date":"2022-12-22T12:15:00","date_gmt":"2022-12-22T17:15:00","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=51680"},"modified":"2022-12-22T12:15:00","modified_gmt":"2022-12-22T17:15:00","slug":"team-good2gr8-at-smb","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/team-good2gr8-at-smb","title":{"rendered":"Team Good2Gr8! at SMB"},"content":{"rendered":"

\"\"<\/p>\n

At SMB we identified an important goal for 2023.\u00a0 That goal is to help *good* traders become *great*.\u00a0 We call it Team Good2Gr8!.\u00a0 The goal is raise the floor on our good traders to improve these traders and the firm.\u00a0 One exciting new best practice has come from Team Good2Gr8! that could help your trading.<\/p>\n

@TheOneLanceB, Legend, is assisting in the development of Team Good2Gr8! and shared his PlayBook with some team members.\u00a0 One such member has started the most promising new best practice.\u00a0 I am not even sure that this trader recognizes the potential improvement in what he is doing.\u00a0 I just love it.<\/p>\n

It is one thing for a trader to build a PlayBook.\u00a0 It is another thing to take trades mostly from your PlayBook.\u00a0 But this trader is doing a whole other thing.\u00a0 This thing, this best practice, could greatly accelerate this trader’s leap from good to great.<\/p>\n

It is often these little things that can make a real difference.\u00a0 Of course the key is making them a habit.\u00a0 The key is letting the progress compound.\u00a0 The key is staying the course and allowing this best practice the time to drive significant progress.\u00a0 SMB will encourage this trader to do so.<\/p>\n

So what is this best practice?<\/p>\n

This SMB trader has been sending me trades from Legend’s PlayBook and then identifying a trade setting up that matches his PlayBook.\u00a0 He is not just reading Legend’s PlayBook.\u00a0 He is not just trying to make the plays in Legend’s PlayBook.\u00a0 He is in real-time identifying a Legend PlayBook trade, sending me the exact example of the Legend trade, and then the similar trade setting up.\u00a0 He is showing me chart patterns that are similar (Legend PlayBook v Similar Trade Setting Up) in real-time and we are exchanging feedback.<\/p>\n

(How to Develop Winning Trading Strategies (with real-world edge)<\/a>)<\/p>\n

Why is this best practice so promising?<\/p>\n

Because of the specificity with which this trader is considering and making trades.\u00a0 He is considering and making specific trades with edge.\u00a0 He is getting feedback in real-time from me and others about a very specific trade with edge that has really worked.\u00a0 He is teeing up the trade in real-time.\u00a0 He is talking about the trade.\u00a0 He is getting ready to strike.\u00a0 And then he is experiencing a trade with edge after all that input, feedback and imprint into his trading brain.<\/p>\n

This is accelerated learning.<\/p>\n

This is a very promising new best practice to leap from good to great.<\/p>\n

So try this with your trading.\u00a0 Identify that trade setting up that matches a PlayBook trade with edge.\u00a0 Get some feedback on the trade.\u00a0 Prepare to take the trade.\u00a0 Take it and gain that trade experience.\u00a0 Measure your results.\u00a0 And see if this is a new best practice to drive better trading performance from you.<\/p>\n

Bella<\/p>\n

Important disclosures<\/a><\/strong><\/p>\n

Mike Bellafiore is the Co-Founder of SMB Capital, a proprietary trading desk, and SMB Training, which provides\u00a0trading education<\/a>\u00a0in stocks, options, and futures. Bella is the author of\u00a0One Good Trade<\/em>\u00a0and\u00a0The PlayBook<\/em>. He welcomes your trading questions at\u00a0mbellafiore@smbcap.com.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

At SMB we identified an important goal for 2023.\u00a0 That goal is to help *good* traders become *great*.\u00a0 We call it Team Good2Gr8!.\u00a0 The goal is raise the floor on our good traders to improve these traders and the firm.\u00a0 One exciting new best practice has come from Team Good2Gr8! that could help your trading. @TheOneLanceB, Legend, is assisting in … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":51418,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5463],"tags":[30,5093,1354],"class_list":["post-51680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bella-daily-update","tag-prop-trading","tag-proprietary-trading-desk","tag-trading-coach"],"yoast_head":"\nTeam Good2Gr8! at SMB | 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\/team-good2gr8-at-smb\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Team Good2Gr8! at SMB | SMB Training\" \/>\n<meta property=\"og:description\" content=\"At SMB we identified an important goal for 2023.\u00a0 That goal is to help *good* traders become *great*.\u00a0 We call it Team Good2Gr8!.\u00a0 The goal is raise the floor on our good traders to improve these traders and the firm.\u00a0 One exciting new best practice has come from Team Good2Gr8! that could help your trading. @TheOneLanceB, Legend, is assisting in ... 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