I am going to share what a *very* promising developing traders looks like. I will do so by sharing his Daily Report Card. Notice how he judges his trading, thinks about his trading, is working on the right things, and is intensive in his efforts. This is a trader to copy if you are a new and developing trader. His … Read More
The weekend is a time for study and preparation for the next trading session
The weekend is a time for study and preparation for the next trading session. On our desk, one experienced trader, who went (naked) short into TWTR earningss, reviewed this trade with another veteran firm trader. This other trader expressed the same trade with options and thus limited his risk. The trader who was naked short made more, but recognized the … Read More
Weekend trading lessons from the prop desk at SMB
Below we share some videos to help you improve your trading this weekend. It is the work we do when markets are closed that shapes trading performance in real-time. “You can be better tomorrow than you are today!”- Mike Bellafiore Weekend video trading lessons from SMB The worst trade of the week 5 things profitable traders do How to profit … Read More
Meet SMB in Chicago
I am headed to the Chicago TradersExpo July 23 and 24 for a workshop: 8 Lessons from a Proprietary Trading Desk: Success Stories of How and Why These Traders Consistently Make Money If you are in town, sign up here and visit the workshop July 23 at 5:30 PM. If you are a trader in town, please feel free to reach … Read More
SMB trading lessons for the weekend
The weekend is a wonderful time to improve your trading. We hope some of the videos below give you some concrete ideas and trading setups to improve. SMB Goodness How to become a Successful Tader: Lecture at Indiana University How to use technical analysis more effectively with a trade setups from our prop desk The One Low Risk Setup Everyone … Read More
New Webinar: Two trading strategies working best in this trading environment on the prop desk
Merritt Black and I are hosting a NEW webinar: Two Trading Strategies Working Best In This Trading Environment on the Prop Desk. Merritt will present one strategy. And I will present a strategy with the benefits to your trading of: highlighting two trading indicators to help you make better trading decisions giving you a new strategy to test for … Read More
Weekend learning for traders from the prop desk
Links to help you improve as a trader The path and setup with edge that helped one firm trader gain his confidence The path and trading setup to help you become a consistently profitable trader Become a pattern recognition machine How to buy a stock that is oversold The trading technique to improve results for a top day trader *no … Read More