There is soooo much opportunity during volatile market conditions and you are not capturing it. You hear stories of how much money traders are making. And you are not one of them. This can be *very* frustrating. I hear this from traders of all levels when they are not cashing in when volatility jumps. Often the reason is their approach … Read More
Mastering Position Sizing: Key to Growing Your Trading Account
You make a great trade, but then lament that your trading position was too small. You take a loss on a trade, and then grieve that your trading position was too big. If you could just get your position sizing right, then you could start making significant profits. Then you could have a realistic chance to become a CPT- Consistently … Read More
Dealing with Extremely Frustrating Trading Days: Insights for Junior Traders
One of our rising junior traders, who has been outperforming the market, had an extremely frustrating trading day. There is almost nothing worse than putting on a good trade, being in the money with significant open profits, and then giving it all back. Sigh. However, there are steps that you can take so that those frustrating trades and frustrating trading … Read More
Weekend learning lessons for traders from SMB – September 8, 2018
I am in York, ME for a wedding with my wife, but thought I would drop our weekend learning series for you. It’s 5AM and the early staff is a bit confused WTH I am doing in the seating area. Not drinking their coffee. Typing away. Wearing a Yankees hat. I am doing my best to sample as much blueberry … Read More
Maximizing Potential: Mastering Stock Trading Strategies for Higher Returns
Let’s say you want to buy a stock for a trade because it had excellent earnings and think it will trade higher. But you are not sure how to buy it. You fear buying too high and then getting stopped out. Your fear buying too high and the stock tanking. You want to start buying these stocks at better prices … Read More
This trader finally became consistent
Hello Mr. Bellafiore, We have never met or spoken, but I have to reach out and thank you for everything you have done for me. I went through the DNA program and must say that it was a big help. Even though this program was helpful, what really helped me was all your videos and articles. I’m a younger guy … Read More
How do I prevent my past trading mistakes from affecting my trading?
Mike, I’ve made every trader mistake I’ve ever heard of (including a few of my own). I have a system that I’ve built over time and I’ve backtested, and I can say it makes me money once followed well. I’ve implemented checklists, video recording and report cards to it. However, I think all the mistakes I’ve made in the past … Read More
How to achieve your trading goals
This is a guest post from Joseph Gelb (Princeton ’20), SMB Capital- Summer Intern 2018 Jason Graystone, of Tier One Trading, recently interviewed SMB Capital Co-Founder Mike Bellafiore in this video. Topics of Discussion: What do seven-figure traders have in common that Mike mentors/coaches at SMB and outside the firm? What formula does Mike observe that the best traders at … Read More