In this podcast episode with AlphaMind, Mike shares how SMB puts a heavy emphasis on learning and continual improvement. And in supporting our traders to become elite. What you will hear in this interview is how SMB’s culture of continual improvement and striving for excellence is the fuel behind our success. And this is what helps so many traders at … Read More
Holding Winners: 8 Ideas for a Successful Trade Strategy
A developing independent trader asked me: how can I better hold my trades to target? This trader wrote: This isn’t a unique to me issue so wanted to know what the traders on your desk have been successful with to dial this in. Primary strength is move2move, but this leaves me sidelined for bigger trend trades and ideas unless I’m … Read More
Elite Trading Requires Setting Time To Have Fun
This tweet was inspired by an independent trader struggling to balance his personal life with his trading. He reached out for help. He wrote: I want to consult with you about a certain thing that I have not been able to change for two years, since I started trading and it bothers me a lot. I can not balance my … Read More
Developing the Optimal Mindset for Elite Trading: Trader Psychology
A former SMB DNA student reached out to me for feedback on his trader psychology. He posed an important question. That question is: what is the optimal mindset for elite trading. This trader’s specific query was: Curious how my mindset during my best trading days compares to elite traders at your firm during their best trading days? My best trading … Read More
I want to be the best trader at the prop firm
The proper focus for a trader Focus on being your best trader. Focusing on anything different may cause you to fall short of your potential. At our prop firm, falling short of your potential is NOT acceptable. This game is about being your best. Yet, it is common for traders to strive to be better than another trader(s). Have you … Read More