Pairs trading is a market neutral strategy that focuses on the correlation of two instruments rather than pure direction. For example, you may want to be long $GOOGL and use a short $QQQ position to offset your systemic risk. Or you may see the relative weakness of $IWM and look to trade it long against a short $QQQ position for … Read More
A Look Inside a Proprietary Trading Firm
In our SMBU Daily Video, learn the ins and outs of a proprietary trading firm. In this interview with David Rabello and Mike Bellafiore, you will learn: What we look for in new traders Our interview process Mike’s goals for new traders What risks prop firms take on How the prop model works The relationship between the trader and firm … Read More
The Fourth Week of More Mindful Trading
In this post, I will continue my eight week experiment with cultivating mindfulness and trading. The earlier posts in the series can be found here: Eight Weeks to More Mindful Trading The Second Week of More Mindful Trading The Third Week of More Mindful Trading To bring new readers up to speed, here is a brief refresher on … Read More
Peak Performance Trading and Investing
Bruce Bower, a hedge fund portfolio manager, gives us a sneak peak into his latest course with SMBU. This video playlist gives you a taste of what to expect from his course: Introduction from Steve Spencer (2:51) Why Study Peak Performance and Apply it to Trading and Investing (7:31) The Nuts and Bolts of a Trading Methodology (10:01) The Probabilistic Framework … Read More
A Trading Setup: $SWY
*****Editor’s note: Jake Huska is a college student working on his trading game. At SMB we believe traders should start working on their trading game early, just like pro athletes. Jake’s posts reflect a better journey toward becoming a pro trader for the college student with a passion for trading.***** It’s been a while since I last shared a trade … Read More
Boost Your Trading Day: Top Financial Websites
What financial websites do you use to prepare for trading? @MikeBellafiore I asked our newest training classes in Austin and NYC to share what websites they use and why to prepare for each trading session. Then I aggregated their answers, unedited, into this post. This gives you an excellent guide of websites to help you prepare for each trading session. … Read More
How to Get a Trading Job in College
As a trader who went through the SMB College Training Program previously, and was subsequently hired to trade on the desk in their NYC office, I wanted to write a blog post to answer some questions I’ve received lately. I should also mention that I now head up the College Training Program and it is my sincere hope that I … Read More
Ask Anything: A System to Increase Your Trading Risk
I have been trading on my own since March and after a few weeks of consistent results, I decided to increase my sizing and expand my Playbook with newer and different intraday plays. Despite the fact that I have the impression that my trading skills is improving, my results in terms of P&L have deteriorated. Should I go back to … Read More