The above is from a slide for my last presentation at an 800 plus event. This exercise has had a profound impact on my trading and trader mindset. Let’s explain the Gratitude Exercise which you might co-opt for your trading. Each day find time to close your eyes and replay three things for which you are grateful. During the … Read More
The PlayBook Signing Event in Singapore
Mike Bellafiore, co-founder of SMB Capital and SMBU, recently held a book signing with FT Press and Phillip Capital in Singapore. Mr. Lunch (below), a former student of SMBU, and one of the most enjoyable characters highlighted in The PlayBook was one of those who stopped by for his autographed copy from Mike. If you are interested in seeing more … Read More
Mike Bellafiore at Phillip iFest 2013, Singapore
Mike Bellafiore recently was the keynote speaker at iFest in Asia. You can find slides of his trading presentation here. Below is a picture of this 800 person event at Marina Bay Sands Casino in Singapore. An international lecturer, Mr. Bellafiore has built trader training programs globally for hedge funds, prop trading desks, and retail traders, working with some of … Read More
Get a Trading Coach Already
There is little evidence of anyone competing at the highest levels without critical feedback, coaching, and mentoring (coaching is what happens in real-time and mentoring after the close). I received this e-mail yesterday that can teach us about the power of trader coaching and education. Dear Mr. Bellafiore, I wanted to send you a quick email to thank you … Read More
What’s Working for You?
For those of you who don’t know, trading during the summer months can be tough on your patience and P&L. A sizable portion of market participants and those with the ability to move markets all go on vacation and enjoy themselves while the rest of us stare at a computer screen that looks like it is frozen in time. I … Read More
Do Not Fear the Bots
Computer trading has become the largest part of our market’s volume threatening the profitability of many discretionary traders. Many traders/investors fear the bots. We shouldn’t. We should embrace their underlying technology and use it to help us find more of our favorite trading patterns. And even turn quant. Adding support to my thesis above was a recent blog post at … Read More
A Trade from a PlayBook Reader
An SMB reader, who is not on our desk (yet?), read The PlayBook and was inspired to co-opt a particular concept for her own trading. We encourage all our readers to develop a methodology for your trading. Building a PlayBook of the trades that make the most sense to you is that methodology. Here is her PlayBook trade. Mike Bellafiore … Read More
Methodology For Any Market?
In case you don’t know, I am writing a book called “Unconventional Forex Trader” and I want to hear what you think as I write it. When I conduct webinars that feature examples based on our methodology for the trading community at SMB, I am often asked, “Does this work for stocks too?”. As long as the market you are … Read More