Below is our third edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a new trader from our desk will have a PlayBook trade they archived reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. Watch this review of a Strong Uptrend in $TRLA. Highlights: a) The … Read More
Special Projects Returns
In The PlayBook I dedicate a chapter to the argument that pro traders should start early, even in college. One trader, Special Projects, and a review of his trade while interning at SMB, was highlighted as an example of starting early on your trading game. Trading is a skill, one that takes time to develop. You were not born a … Read More
The Daily Gratitude Exercise
The above is from a slide for my last presentation at an 800 plus event. This exercise has had a profound impact on my trading and trader mindset. Let’s explain the Gratitude Exercise which you might co-opt for your trading. Each day find time to close your eyes and replay three things for which you are grateful. During the … Read More
The PlayBook Signing Event in Singapore
Mike Bellafiore, co-founder of SMB Capital and SMBU, recently held a book signing with FT Press and Phillip Capital in Singapore. Mr. Lunch (below), a former student of SMBU, and one of the most enjoyable characters highlighted in The PlayBook was one of those who stopped by for his autographed copy from Mike. If you are interested in seeing more … Read More
Mike Bellafiore at Phillip iFest 2013, Singapore
Mike Bellafiore recently was the keynote speaker at iFest in Asia. You can find slides of his trading presentation here. Below is a picture of this 800 person event at Marina Bay Sands Casino in Singapore. An international lecturer, Mr. Bellafiore has built trader training programs globally for hedge funds, prop trading desks, and retail traders, working with some of … Read More
What Do You Wish You Knew When You Started, Your Favorite Book and Setup?
Mr Bellafiore, I want to thank you for taking the time to read this email. I know you likely receive innumerable emails each day and reading and responding to them takes a considerable amount of your time. As a busy trader and a managing partner of your own firm, time is likely your most valuable asset, so the time you … Read More
What is a Growth Stock?
This week I wrote a post Study Trading not Markets ($TSLA) where I shared the power of studying trading patterns over stock fundamentals. After all I play the game of trading pro not economics professor or Uber-Confident Financial Media Entertainment Complex Guest. My job is to make excellent risk/reward decisions with my firm’s money to which for some trades longer term … Read More
Andrew Keene visits SMB
Andrew Keene stopped by our trading office in NYC last week to talk with those in the SMB College Training Program. He was visiting before sitting as a guest on Bloomberg TV. Andrew has been a presenter with Seth Freudberg for the SMB Options Tribe in the past (see the video below). One of our trainees put together his thoughts … Read More