A graduate of our college summer training program pinged me about visiting. Hi Bella, I’ve taken the SMB Foundation for college students last summer with RJ, Dan, and Andreas, opened up an account (edited) and have been trading since September. I don’t know if you remember me, but I’m the guy from Toronto who plays ping pong. I’ll be visiting … Read More
Boost Your Trading Day: Top Financial Websites
What financial websites do you use to prepare for trading? @MikeBellafiore I asked our newest training classes in Austin and NYC to share what websites they use and why to prepare for each trading session. Then I aggregated their answers, unedited, into this post. This gives you an excellent guide of websites to help you prepare for each trading session. … Read More
Ask anything: can you beat the markets?
Hi Mike, I have heard that there are roughly 50,000 professional traders and 20M want-a-bes. That’s about 1 in 40 and even though those are not good odds I am happy to know that it is possible to do. I have struggled with day-trading. But I have found using options trading longer term chart patterns (weeks and months) that I … Read More
Ask Anything: A System to Increase Your Trading Risk
I have been trading on my own since March and after a few weeks of consistent results, I decided to increase my sizing and expand my Playbook with newer and different intraday plays. Despite the fact that I have the impression that my trading skills is improving, my results in terms of P&L have deteriorated. Should I go back to … Read More
Join us for beers and trading talk this Thursday (NYC)
Join Dr. Steenbarger and SMB at our NYC beers and trading talk event this Thursday. From Dr. Steenbarger at his blog TraderFeed: As posted earlier, I am organizing a craft beer get-together for NYC area traders a week from Thursday (May 21st) at 5:00 PM. We will meet up at the tasting room of the Whole Foods on Columbus Circle … Read More
Ask anything: how can I become more consistent as a trader?
I have been actively trading for 5 years. I have followed the market for 25 years.. I have tried trading covered calls, medium and high beta stocks (ex — AApl, SBUX ,CELG, TSLA. I have tried intraday trading options -no luck. It seems like every I “perceive” an opportunity I jump — just that I seem to be extremely inconsistent. … Read More
How to become the Derek Jeter of trading
David Leadbetter, legendary golf instructor, wrote a brilliant article for The Players’ Tribune explaining why Derek Jeter and other elite athletes find golf so hard. Mr. Leadbetter writes: It’s a common misconception that athletes can easily transition to the links. The truth is a little more complicated. While athletes have a leg up on some of the mental and … Read More
This 5k loss was my best trade of the month (video)
Hey Mike,Just curious if you have an example of a losing trade you had recently, and if you still considered it a good trade?Thanks.Jonathan A. mikebellafiore This is a great question! When I watch the Financial Media Entertainment Complex talking trading/investing I smh. Who are those people on TV so certain their call in $AAPL is correct? What market is … Read More