{"id":57044,"date":"2024-06-15T15:51:47","date_gmt":"2024-06-15T19:51:47","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=57044"},"modified":"2024-06-15T15:51:47","modified_gmt":"2024-06-15T19:51:47","slug":"this-one-thing-makes-you-a-better-trader","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/this-one-thing-makes-you-a-better-trader","title":{"rendered":"This One Thing Makes You a Better Trader"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-57045\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-1024x753.png\" alt=\"\" width=\"846\" height=\"622\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-1024x753.png 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-300x221.png 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-768x565.png 768w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-610x449.png 610w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-100x74.png 100w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns-846x622.png 846w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns.png 1173w\" sizes=\"auto, (max-width: 846px) 100vw, 846px\" \/><\/p>\n<p>At lunch at 5 Acres in Rockefeller Center, I asked three promising summer interns: What has helped you improve the most during your internship?<\/p>\n<p>Their answer might surprise you.<\/p>\n<p>It didn&#8217;t surprise me as I have heard and seen the power of this one thing on our proprietary trading in NYC many many times.\u00a0 I have heard this from different traders at different times, during different markets, but always with the same genuine gratitude for the impact.<\/p>\n<p>That one thing that helped them improve the most?<\/p>\n<p>The chance to learn from traders on the desk.<\/p>\n<p>But how specifically did this opportunity help these traders?<\/p>\n<p>One intern from Cal Berkeley marveled at the opportunity to talk with Garrett (<a href=\"https:\/\/youtube.com\/shorts\/ytw8RJEr1B8?si=OojI6rK6kWhHNhIU\">Your job as a trader is NOT to predict<\/a>) about how he uses technology to find and improve his trading edge.<\/p>\n<p>Another intern from The University of Texas at Arlington was receiving trading feedback from Yanni, who inspired him to apply to SMB after watching a YouTube video of his PlayBook (<a href=\"https:\/\/www.youtube.com\/watch?v=qz_2UAth1QI&amp;t=171s\">The Key Variable That Can Cause Massive Moves in Stocks<\/a>).<\/p>\n<p>Another intern who applied with an 80+ page scalping playbook was able to compare notes with a firm trader on a Breaking News Trade in GME. Afterward, she was able to construct a PlayBook of her own on this trade.<\/p>\n<p>It has never been easier to start trading with mobile platforms like RobinHood.\u00a0 But this doesn&#8217;t mean you should without a solid trading foundation.\u00a0 Certainly, this doesn&#8217;t mean you will become consistently profitable without following the process of the pros.<\/p>\n<p>How can you find pros to learn from?<\/p>\n<p>@TheOneLanceB implores independent traders to <a href=\"https:\/\/www.youtube.com\/watch?v=MUOWtjenIVQ&amp;t=43s\">Find Your Pod<\/a>.<\/p>\n<p>Jeff Holden, Head of Trader Development at SMB Capital, helped create <a href=\"https:\/\/www.smbtraining.com\/blog\/smb-inside-access\">SMB Inside Access<\/a> to give independent traders a chance to learn from the pros at SMB.<\/p>\n<p>I have challenged the trading community: What if you thought about your trading career as <a href=\"https:\/\/www.youtube.com\/watch?v=PUnF8hkU2Rk\">We and Us<\/a>?<\/p>\n<p>These promising interns are talking with the pros daily and experiencing breakthrough progress.\u00a0 As I write this Saturday, firm interns and traders are gathering to discuss Easy Money Trades together.\u00a0 Shouldn&#8217;t you?<\/p>\n<p><strong><a href=\"https:\/\/www.smbtraining.com\/blog\/smb-disclosures?inf_contact_key=86e68ad95cfd2835f919c6dd5a8f153af651f238aa2edbb9c8b7cff03e0b16a0\">Important disclosures<\/a><\/strong><\/p>\n<p>Mike Bellafiore is the Co-Founder of SMB Capital, a proprietary trading desk, and SMB Training, which provides\u00a0<a href=\"https:\/\/broadcast.smbtraining.com\/smbwebinar1\/?utm_source=Blog-Bella\">trading education<\/a>\u00a0in stocks, options, and futures. Bella, @MikeBellafiore, is the author of<em>\u00a0One Good Trade<\/em>\u00a0and\u00a0<em>The PlayBook<\/em>. He welcomes your trading questions at\u00a0mbellafiore@smbcap.com.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At lunch at 5 Acres in Rockefeller Center, I asked three promising summer interns: What has helped you improve the most during your internship? Their answer might surprise you. It didn&#8217;t surprise me as I have heard and seen the power of this one thing on our proprietary trading in NYC many many times.\u00a0 I have heard this from different &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/this-one-thing-makes-you-a-better-trader\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":57045,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5463],"tags":[50,1193,1911],"class_list":["post-57044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bella-daily-update","tag-proprietary-trading","tag-trader-education","tag-trading-internship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>This One Thing Makes You a Better Trader | 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\/this-one-thing-makes-you-a-better-trader\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This One Thing Makes You a Better Trader | SMB Training\" \/>\n<meta property=\"og:description\" content=\"At lunch at 5 Acres in Rockefeller Center, I asked three promising summer interns: What has helped you improve the most during your internship? 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Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/this-one-thing-makes-you-a-better-trader\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T19:51:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2024\/06\/Jeff-with-interns.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1173\" \/>\n\t<meta property=\"og:image:height\" content=\"863\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta 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