A junior trader at the firm has found trading discipline. Do you agree? He wrote: Overall thoughts: Implementing a new rule today of sitting on my hands until 10am. It felt pretty strange missing out on the action on the open especially on ROKU, but I made this new rule for a greater purpose because I am a disciplined trader now. It … Read More
This is what a *very* promising developing trader looks like
I am going to share what a *very* promising developing traders looks like. I will do so by sharing his Daily Report Card. Notice how he judges his trading, thinks about his trading, is working on the right things, and is intensive in his efforts. This is a trader to copy if you are a new and developing trader. His … Read More
Weekend trading lessons from SMB: IPOs, Breakout Trades, RVOL, Earnings Season, and more
The weekend is a terrific time to work on your trading game. 1. Working on your IPO game is worth consideration, particularly in such a strong market. SONO was one of the better trades of the week on the long and short side. One developing trader sent me his Trade Management from his SONO IPO PlayBook. 2. One SMB YouTube … Read More
The weekend is a time for study and preparation for the next trading session
The weekend is a time for study and preparation for the next trading session. On our desk, one experienced trader, who went (naked) short into TWTR earningss, reviewed this trade with another veteran firm trader. This other trader expressed the same trade with options and thus limited his risk. The trader who was naked short made more, but recognized the … Read More
SMB trading lessons for the weekend
The weekend is a wonderful time to improve your trading. We hope some of the videos below give you some concrete ideas and trading setups to improve. SMB Goodness How to become a Successful Tader: Lecture at Indiana University How to use technical analysis more effectively with a trade setups from our prop desk The One Low Risk Setup Everyone … Read More
Weekend learning for traders from the prop desk
Links to help you improve as a trader The path and setup with edge that helped one firm trader gain his confidence The path and trading setup to help you become a consistently profitable trader Become a pattern recognition machine How to buy a stock that is oversold The trading technique to improve results for a top day trader *no … Read More
Weekend learning for traders from our prop desk
Let me offer some videos for you to watch for some weekend learning for your trading from our prop desk. Our study when markets are closed is a true measure of our passion for trading. It is Saturday, I am at the office, and I am working on how we can improve as a trading firm. Our culture at SMB … Read More
“Clip that!”: Maximizing your best trading
Thank you to Dr. Steenbarger for sharing this article on how and why the Warriors excel in the 3rd quarter. The coaches prepare video clips from the first half, during the first half, of the team playing at their best. Coaches instruct video staff to “Clip that” of best plays and prepare it to be watched at half-time by the … Read More