We have some good news for those who have been asking where they can find copies of The PlayBook. The PlayBook is now BACK IN STOCK. Order here. Perhaps it is more accurate to say that we have some good news for those who have been asking where they can find copies of The PlayBook for less than $800. The … Read More
Why I didn’t trade today
I didn’t trade this morning. I had ever intention to do so when I left the office last night. I like the opportunity in FB TWTR SRPT SPY IWM for today’s trading session. So this was not a decision of a lack of trading opportunity. I, personally, was not in an optimal state to trade. And therefor, I benched myself. … Read More
What this new trader learned on Day 1 (166 lessons)
Our new class started part I of their training this week, with the SMB Foundation. Some say, “The only way to learn how to trade is trade.” Here is some evidence contrary to that position. One trainee with past trading experience sent me his notes, without solicitation, as to what he learned on Day 1 of our training program. He … Read More
40 trading lessons from The PlayBook
An experienced and successful trader is starting with our desk, powered by Kershner Trading Group, next month. He is one of the more diligent traders you could meet. I have compared him to Tim Tebow in One Good Trade for work ethic. He just powered through One Good Trade and The PlayBook to improve his trading game and better prepare … Read More
Managing your swing positions/trades better
Hi Mike, I met you last 2 weeks at Singapore Invest Fair. I am deeply impressed with your presentation and your New York traders trading ways. Personally, I am a prop house day scalp traders for Malaysia stock market for 8 years.my performance for the scalp trading is quite consistent and keep on growing. I have a matter need … Read More
Revealing Our Insights: What We Have Learned from Mentoring/Coaching Traders
Our firm in NYC has focused on training new traders to consistently profitable and then high performing trader over the past decade. Here is what we have learned mentoring and coaching traders: Develop a Growth Mindset- Shark is one of our most successful traders we have trained from new trader to consistently profitable trader and then high performing trader. Each … Read More
30 Trading Habits in 30 Days
Over the next month I will offer a peak into the highly competitive world of proprietary trading to give readers a taste of the daily work of a professional trader. I will share 30 trading habits in 30 days. My hope is that this will give you some ideas on habits to add to your trading. Before we begin let … Read More
Do We Really Need Rules?
At SMBU we believe those with a passion for trading ought to start trading in college. We created the SMB College Training Program run by Iceman from The PlayBook for this very reason. Jake is a passionate college trader trying to create a track record while in school to land a spot on a prop trading desk. He will write a weekly blog about … Read More