Chicago Sean has become a daily must read since he burst onto the StockTwits Blogosphere. An experienced trader through many markets earns my ultimate respect immediately. I want to read what he has to say. Trading is a very difficult job. Many can’t. And many fewer can’t through different markets. Chicago Sean tackled the important topic of goal setting the other … Read More
You Ask I Answer
Hi Bella: Hey young fella. Thanks very much for putting some much valuable material on your blog and website. Thxs for following us. Although I didn’t receive the opportunity of a summer internship with SMB, your website certainly provides quite a learning experience for me. Freakin SMB HR! I especially appreciate your classroom style of challenging your trainees to prepare for more … Read More
Seek the Master Coaches
Mr. Bellafiore, The reason for this email is somewhat off the topic and a bit out of my curiosity. I read The Talent Code a little while ago and I just realize how much SMB Capital could relate to the book. For example, many good prop firms have multiple offices in multiple cities and even countries. However, you guys being … Read More
Critical Feedback on SBUX Trade
At SMB we share the PlayBooks of each of our traders. When a trader adds a new play to their PlayBook they shoot me an email with a description of the trade and the trader’s attack plan. Below is a portion of a trade description sent to me from Shark for an Opening Drive Play in SBUX. My feedback is … Read More
Traders Ask- Doubling Down Bella?
In One Good Trade I offered this example of a RIMM trade: Today I got this email from SMBer Terry: Hello Mr. Bellafiore, I just have a quick question about adding size to a short in a weak stock that is working against you. In your book, you reference a play in RIMM around the level of 82. The play … Read More
Trader Rant
Yesterday I wrote a blog on how to use the ideas from others to add to your trading game. At SMB we share a lot of what we do so others can learn. Yesterday a Reader took exception to something that we have shared, our best AM idea. I had something that worked for me, but I have lost my conviction … Read More
Discovering Purpose Beyond Profit & Loss: A Trader’s Journey to Building a Community
From Guest Blogger Fred Barnes of The Downtown DC Day Traders…………. The inspiration to pursue an endeavor can come from a myriad of sources such as the lyrics in a song, a scene in a movie, or even from a blog. The latter being my source. It was July 2010 when I read the following words in a blog: “If … Read More