People often ask ne the value of trading at a prop firm. And there are many value adds that a prop firm brings to a trader, but I want to focus on one powerful performance driver. Competition! When SMB first formed a JV with the Kershner Trading Group our younger traders were in awe at the PnL numbers of the … Read More
What would you tell your younger trader self?
As I write, I am headed to Austin, Texas to train the newest class for our partners at The Kershner Trading Group. We train the new traders down there as a part of our JV (joint venture) with KTG. I will be training these new traders using The SMB Foundation, Part I of three parts of our training. Today in … Read More
A Trader’s Definition of Hell
What would a trader’s definition of hell be? I say it’s the following: On your last day on earth, the trader you became will meet the trader you could have become. Scary to think about isn’t it? I have two ways of avoiding “trader hell” that I’ll share with you. Focus on process. I can guarantee you that if you … Read More
The First Fifteen Minutes of the Asymmetrical Iron Condor
Production of the Asymmetrical Iron Condor course with Amy Meissner is nearly complete. Right now, SMB is giving you a chance to access the first 15 minutes of the course for free! In this video, you will learn what the AIC is all about. Discover the trade that Seth Freudberg is calling “the most robust iron condor trade I’ve ever … Read More
3 ideas to improve waiting for your trades
Yesterday I wrote about the #1 trading frustration of top traders on our prop desk. (#1 issue top traders want to fix in 2017 on our prop desk.) Today let’s offer 3 ideas to solve this frustration: 1. Journal your progress on waiting for setups. When are you successful waiting for setups? When are you early to enter and why? … Read More
#1 issue top traders want to fix in 2017 on our prop desk
It’s the end of the year, and time for trading business plans for 2017 from the traders on our desk. When viewing the trading plans of our best traders the issue that repeats the most to fix in 2017 is…….. Waiting for the setup! These are highly profitable traders, and even some seven-figure traders. These are experienced traders who have … Read More
Finding Your Edge
In this video, Mike Bellafiore discusses his experience as a SMB Partner. He shares cases studies of some of our traders who have gone on to make seven figures through finding their edge.
Why You Need to Journal
In this video, Mike Bellafiore discusses why you need to journal and some of things you need to be journaling about.