{"id":51742,"date":"2023-02-14T11:05:43","date_gmt":"2023-02-14T16:05:43","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=51742"},"modified":"2023-02-14T15:24:24","modified_gmt":"2023-02-14T20:24:24","slug":"thank-you-covid","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/thank-you-covid","title":{"rendered":"Thank you Covid!"},"content":{"rendered":"

\"\"<\/p>\n

I got Covid for the first time this week.\u00a0 Many on the desk didn’t miss their opportunity to tease me about being the last person on earth to get it.\u00a0 My son got it as well.\u00a0 That meant a trip to our house on the Jersey Shore to isolate from mom, his sister, and others.\u00a0 So it was just the boys on the Shore alone for 5 days.\u00a0 This experience reminded me of an important principle to remember for trading and life.<\/p>\n

As I wrote in The PlayBook<\/em>, good can come from bad.\u00a0 The bad is we both got Covid.\u00a0 The good was some new things my son and I experienced together and taught each other.\u00a0 We might not have ever experienced these things together or learned these new things from each other without catching Covid.\u00a0 Trading is a pretty hard job and this principle, good can come from bad, is important to remember.\u00a0 These past five days is another reminder that good can come from bad, if we are open to experience the good.<\/p>\n

Here are some of our new experiences and lessons from our time together with Covid:<\/p>\n

1. I taught my son the blessing of an AM walk.\u00a0 I took my son on my AM walk with me on the boardwalk.\u00a0 I turned my hotspot on so his iPad could connect.\u00a0 He listened to a book on audible, while he walked near me.\u00a0 On our first walk he wanted to head back quickly.\u00a0 By our 3rd, he asked if we could take the longer walk.\u00a0 He was exposed for the first time to the blessing of a long walk, while listening to a good book.\u00a0 This doesn’t happen if we both don’t catch Covid.<\/p>\n

HT to @ppearlman for reminding us of the treasure of an AM walk.<\/p>\n

\"\"<\/p>\n

2. We reviewed his report card in detail together.\u00a0 His report card came on one of the days we were at the house together.\u00a0 We reviewed his report card, line by line, and made notes about what he was doing well, areas for improvement, and then goals for the next semester.\u00a0 His perception of his report card and how he was doing in school was significantly more positive after our review.\u00a0 And we had the chance to work through a few areas where he can improve and how in a nonthreatening, productive way.\u00a0 A clear goal developed that he was excited to attack.<\/p>\n

With the fast action of our NYC lives, with work and school and sports and homework, we have never had the time, quiet, and space to review a report card in such detail.\u00a0 We have never had the time, always rushing from one activity to another, to make the review such a productive experience.<\/p>\n

(How the Daily Report Card Helped Legend Become the #1 Trader (Prop Firm)<\/a><\/p>\n

3. We played soccer together- for hours.\u00a0 My son would play baseball everyday, and for as long as possible, if we let him.\u00a0 My wife and I are firm believers in exposing our kids to many different sports and not specializing at a young age.\u00a0 He recently broke his finger playing basketball so we couldn’t play baseball.\u00a0 So to get some exercise we headed across the street from our house to an open field and just kicked the soccer ball around.\u00a0 Quickly that turned into a one-on-one game of dad v son, which was great fun.\u00a0 My sense is soccer became a little more fun to my son because of our play.\u00a0 Maybe soccer gets added to the list of sports he plays.\u00a0 I wonder if we could have gone our whole lives together only playing baseball together, without the confluence of his broken finger and Covid.<\/p>\n

4. We watched King Richard together, which has many terrific lessons for young athletes like my son.\u00a0 This movie reinforces the teaching of a growth mindset, without us parents having to preach it again.\u00a0 Without additional time to spend together, we never make the choice to watch this movie together.<\/p>\n

5. I exposed him to Seinfeld, specifically the scene at the Chinese restaurant<\/a>.\u00a0 He shared this YouTube short<\/a> he found hilarious.\u00a0 We now have an inside joke revolving around Jaquavis.\u00a0 Pretty much everything now relates to what Jaquavis would do.<\/p>\n

6. He taught me how to use the washer dryer at the house.\u00a0 I should probably be embarrassed about this point, but I am not.\u00a0 And he loves that he taught dad how to use it, which I love.<\/p>\n

7. I taught him long division.\u00a0 Well I taught him how I learned it and he just did it like that.\u00a0 It remains to be seen whether this is how he is supposed to have learned it.\u00a0 But he can do it now.<\/p>\n

Bad stuff happens to traders.\u00a0 We take a loss and lose money.\u00a0 But what good can come from that for your trading?\u00a0 We miss a big trade.\u00a0 But how can you make that a productive experience?\u00a0 You continually lose money in one stock.\u00a0 But how can you make that into a positive for your trading career?\u00a0 You are not making money as an independent trader.\u00a0 Well what can you do with that information to help your trading?<\/p>\n

It was good to slow down.\u00a0 It was wonderful to experience new things together, around a few coughs.\u00a0 We got to see each other in a different environment and build a productive day together.\u00a0 Thank you Covid!<\/p>\n

*Oh and we both tested negative and are back in NYC.<\/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, @MikeBellafiore, 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":"

I got Covid for the first time this week.\u00a0 Many on the desk didn’t miss their opportunity to tease me about being the last person on earth to get it.\u00a0 My son got it as well.\u00a0 That meant a trip to our house on the Jersey Shore to isolate from mom, his sister, and others.\u00a0 So it was just the … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":51744,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5463],"tags":[5608,30,1354,3852],"class_list":["post-51742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bella-daily-update","tag-covid","tag-prop-trading","tag-trading-coach","tag-trading-losses"],"yoast_head":"\nThank you Covid! | 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\/thank-you-covid\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thank you Covid! | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I got Covid for the first time this week.\u00a0 Many on the desk didn’t miss their opportunity to tease me about being the last person on earth to get it.\u00a0 My son got it as well.\u00a0 That meant a trip to our house on the Jersey Shore to isolate from mom, his sister, and others.\u00a0 So it was just the ... 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