At SMB we identified an important goal for 2023. That goal is to help *good* traders become *great*. We call it Team Good2Gr8!. The goal is raise the floor on our good traders to improve these traders and the firm. One exciting new best practice has come from Team Good2Gr8! that could help your trading. @TheOneLanceB, Legend, is assisting in … Read More
Wall Street’s Top Trader Invites Me to His Penthouse (Show Notes)
@BTheStory87 interviews Lance Breitstein, former back-to-back #1 trader at a tier one prop firm, in this MUST WATCH video. Below are the Show Notes of this interview- Wall Street’s Top Trader Invites Me to His Penthouse. We hope this video gives you numerous ideas to improve and grow as a trader. Lance and “B The Trader” Interview Show Notes Key … Read More
The #1 Mistake Traders Make Before Exiting a Trading Session: Insights from Transparent Traders
There is a mistake I repeatedly catch on Trading Twitter and even to a lesser degree on our proprietary trading desk. From my seat, this is the #1 mistake traders make before leaving a trading session. Let me share this #1 mistake. And then challenge the trading community for all of us to be better…together. I was scrolling through Trading … Read More
A Saturday Trading Strategy
I came into the office Saturday to get some work done. Just prior my son finished a baseball doubleheader in Queens. We drove back home, dropped his bags at our apartment, changed, and headed to the office. His mom and sister were at our beach house so it was just the boys. To keep Luke occupied, while I worked, we … Read More
9 Trading Lessons Essential for Today’s Market
1. Develop your system to short circuit trades that do not feel right. What you certainly DO NOT want to do is short circuit a trade based on your feel before developing your system to do so. That could lead you to prematurely exiting a good r/r trade. 2. Do your Daily Report Card without fail. Watch: How the Daily … Read More
May Trading Insights: 10 Key Takeaways from Our Prop Desk
Each month our traders meet for a monthly review with their Team. Our floor manager, @TheOneLanceB, our head of trader development- @SMBRecruiting, and I attend and provide mentorship during these meetings, which are run by the Team leader. Dr. Steenbarger provides invaluable feedback to traders on their monthly review, as well. Each trader shares their key takeaways from the prior … Read More
A Walk in Boston with 3 Experienced Traders Giving Back
Let me share a video jam-packed with trading advice and wisdom for developing and experienced traders. Three experienced traders are interviewed for this video, who have experience both as professional traders, but also mentoring traders. I make this distinction because the addition of their experience mentoring traders means they have spent significant time thinking of how best to communicate important … Read More
10 Trading Lessons from Elite Prop Trader Shark
Shark sat down for an in-depth interview with Chat with Traders. Shark is one of the best traders in our trading space, let alone our prop trading firm. This is the first one-on-one interview he has ever given for the trading community. It has been so much fun watching him grow as a trader. We are so grateful to have … Read More