How to handle those miserable trading slumps and large losses (Top Senior Prop Trader teaches you) You can try this surprisingly simple Options Trading strategy for monthly income 6 steps to improving your trading patience and discipline 20 habits to become a highly profitable trader AM Meeting: How to prepare to trade the open Trading Psychology: Every elite trader has … Read More
Weekend learning lessons for traders from the prop desk – November 16, 2019
20 habits essential to become a highly profitable trader Trader Psychology: Every Elite Trader Has These Six Qualities (with Dr. Brett Steenbarger) How To Short A Stock With Good News (Spencer) Swing Trading Strategies: You Can Boost Your Trading Returns With This Simple Options Technique What’s Holding You Back From Being A Consistently Profitable Traders? (We Answer Your Questions) *no … Read More
Weekend learning lessons for traders from the prop desk – November 9, 2019
Surprising advice from a Senior Trader (critical to your success) Improve your edge (or gain one) with this overall market analysis technique An introduction to how we use Tape Reading to make profitable trades (Twitter) Ten things I wish I knew before I started trading options Everything you NEED to know before placing a trade (assuming you don’t want to … Read More
Weekend learning lessons for traders from the prop desk – November 2, 2019
Everything You NEED to Know Before Placing a Trade (assuming you don’t want to fail as a trader) Options Trading Tips: Ten Things I Wish I Knew Before I Started Trading Options How to Translate a Trade Idea into a Profitable Trading Plan 2nd Day Technical Trade How to Trade Earnings with Options *no relevant positions Important disclosures
Everything you need to know before you place a trade in a stock (assuming you want to become a successful trader)
We were in our training room in Midtown Manhattan during our 11AM mentoring session, reviewing TSLA from the opening session. Kinda a big trading opportunity for those following markets lately. One new trader had traded it, but not particularly well. I asked him why he chose TSLA. And he rattled off what he thought was the news catalyst in the … Read More
Weekend learning lessons for traders from the prop desk – October 26, 2019
This Trader Needed to Wait for the Real Technical Analysis Setup (Tutorial) Options Income Trading: Why Do You Win So Frequently When Technical Analysis Trades Are More Likely to Work Top Senior Trader on what it takes to become a successful trader Top 5 Ways to Improve Risk Management *no relevant positions Important disclosures
If you want to be a great trader (anything?) you must consider this
At SMB we want traders to be THEIR best trader. Not as profitable as our top trader. Not the best scalper they can be. Or the best swing trader they can be. Or the best arb trader they can be. Nor the best technical trader they can be. They need to find what makes them them. As Dr. Steenbarger said … Read More
He taught me how to think like a trader
This blog post by @Cyclops_Trader sharing his experience starting at a prop firm is an excellent read for traders. Cyclops contributes to the trading community that he developed his trading edge by being taught how to think like a trader. He writes: At no time did he say, “this is a buy” or “this is a sell” it was all … Read More