Trading does not have to be an individual sport. What if you looked at your trading career differently? What if you gave yourself as many chances to succeed as you could? What if instead of viewing your trading career as merely the result of your discretionary trading, there was much more opportunity? Wouldn’t that significantly increase your chances of success … Read More
A Month of Trading Poorly is Too Long
A month of trading poorly is too long. During our recent monthly trader reviews, we made this point to three separate traders, on 3 different teams, with 3 different levels of experience, 3 different trading styles, and after 3 different month’s of production. You do not want to be at your trading station reviewing your month and grade yourself poorly … Read More
You Are Trading Better Than You Think
I was reviewing the PlayBook trade of a junior trader, when an important trading principle needed to be shared. Better said, this might also be an important life principle. The trader was reviewing a Multi-Day Swing Trade in GameStop and reviewing his performance. From my seat, the trader had done so many things right. He chose the right stock. He … Read More
8 Reasons Why We Had Our Second Best Trading Month in Firm History
November 2020 was the second best month in our firm’s trading history. During a firm call with our partners, we were all searching for the right word(s) to describe our performance in November. Finally, I chimed in with “amazing”. Another partner quickly agreed and said “yes it was…. AMAZING.” As for traders, it is important for a firm to study … Read More
How do I get a job at a proprietary trading firm?
Hey Mr. Bellafiore, … I am about to go off to college at the university of Oregon. I’ve been trading for 1 year now and even though I am not yet consistently profitable, I am getting closer and closer to that goal through the help of your two books and SMB’s videos on YouTube. One of the best things I’ve … Read More