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
Mike Bellafiore has started a new series 30 Trading Habits in 30 Days
Mike Bellafiore has started a new series 30 Trading Habits in 30 Days for his YahooFinance Blog, The Trading Coach. In this video we discuss why we created this new series and how it can help you as a trader. Also we ask for questions from you on areas for habits on interest to you. In this video Mike discusses: Your … Read More
PnL as the Outdated Trading Stat
Will PnL be an outdated trading stat one day? Five years ago MLB pitchers were mostly defined by Wins and how many they had. Today this is seen as an outdated stat that does not tell you the real value of the pitcher. Sabermetrics has taught us there are more important measurements of a pitcher’s contribution like: percentage of ground … Read More