Hi Mike–I listened to your video regarding the trader that was having issues journaling. I solved that same issue by typing onto the chart itself – – the reasons why I bought and sold at the exact point of entry and exit. As you know, Tradestation can pinpoint the exact point of entry and exit if you turn on that … Read More
Taking that next step forward in your trading with sizing
I sit in a unique seat in the trading community. For the past decade, I have trained traders from new to consistently profitable or failed trader. As the author of two trading books, gratefully many reach out to me sharing their trading challenges and triumphs with the why and how. What I do in my writing is share my observations … Read More
A trading journal that works for you
I trade intraday futures by reading the tape and looking at historically significant price action levels. I start to really get a feel for the process, but I still trade only one future until the process is internalized. To be able to assess myself I keep a detailed journal where I fill in trade information (entry, exit etc.) and trading … Read More
SMB College Tour
As I write I’m heading back on Amtrak to NYC, completing our fall recruiting trips. I’ve been pretty sick the past week and I’m sure that those around me are hoping I get off at the next stop. Sorry, I am not. It’s another two hours with me. Just took another swig of NyQuil, so that should help. On my … Read More
SMB Capital and Kershner Trading Group: A Powerful Partnership
April 24, 2013, NEW YORK, NY—SMB Capital, a leading proprietary trading desk based in Manhattan, and Kershner Trading Group (Austin, Texas and now New York City), have teamed up to create a joint venture for a new trading office in Midtown Manhattan. The JV offers traders a true trading partner, where the firm provides technology with an edge, large trading … Read More
[Recording] The Playbook: The Future of Prop Trading
If you missed this Webinar with Mike Bellafiore, author of the “trading classic” One Good Trade, on “The Future of Prop Trading: Introducing the Multi-Product, Multi-Market Discretionary Quant Trader”, you can watch the recording now. *No Relevant Positions
Finding the Right Trading Product and Style
Mike-Great thought provoking post (The biggest question for a trader) as usual. Is there a way to determine what product and type of trading fits a trader? Does it really take trial and error? Has to be a better way….any insight here? Thanks BP @mikebellafiore Thxs for reading as always BP. 1) You can take a personality test and use … Read More
Do not say Practice
I end most emails with: “Keep working on your trading game.” We teach our traders to do the daily work each day that helps them improve. They are training to become consistently profitable traders (CPTs). Their ultimate goal is to become a your best trader (YBT). Apparently I could use better words to motivate my traders. Dan Coyle, author of … Read More