A Case Study of 8 Successful Traders from Our Trading Desk

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Mike Bellafiore, Co-Founder of SMB Capital, shares how top traders on the prop have been successful. Studying and learning successful traders can help you find the setups and process that you may be missing. We hope this helps.
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www.smbtraining.com is a Proprietary Trading firm located in NYC that specializes in trading equities. Our training programs were designed to help you develop the trading skills to become a consistently profitable trader. Written, video and classroom lectures are offered through SMB U, our education company. SMB offers training and trading products for new and semi-experienced traders.
Learn more about SMB by checking us out at www.smbtraining.com.
SMB Blog www.smbtraining.com/blog
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Twitter: / smbcapital

Пікірлер: 131

  • @TheSjh196
    @TheSjh1964 жыл бұрын

    These videos are the closest thing I’ll ever get to a professional mentor . Thanks Mike !!

  • @vciro1
    @vciro13 жыл бұрын

    I'm literally watching this video one by one and I had never found so valuable information for free in trading. SMB Capital and Mike Bellafiore are food for thoughts

  • @livelovesail5184
    @livelovesail51844 жыл бұрын

    Great advice! I was breaking even for years and never quit trying different trade types and now I am making money consistently. I will now increase my sizing steadily to see what happens.

  • @tapion1337

    @tapion1337

    4 жыл бұрын

    "to see what happens" xD

  • @pedropablopimientaperez96
    @pedropablopimientaperez96 Жыл бұрын

    This should be one the most valuable trading conversations ever, you're are awesome! Deserve even more than what's already achieved ! God bless you all for sharing with the retail space

  • @roberthanna1257
    @roberthanna12572 жыл бұрын

    The culture of "growth" at SMB on display in this case study is just amazing. No one should be shocked to see SMB thriving decades in the future.

  • @smbcapital

    @smbcapital

    2 жыл бұрын

    that's the goal!

  • @TheArtOfTrading
    @TheArtOfTrading5 жыл бұрын

    Brilliant insights in this one, thanks for sharing Mike & SMB. This is a gem. You guys are rock stars

  • @mbellafiore19

    @mbellafiore19

    5 жыл бұрын

    you are welcome

  • @jakeracz9146
    @jakeracz91463 жыл бұрын

    Who gave this video the thumbs down ? So much valuable information. Thanks SMB for the lengths you go to in order to help out developing traders such as myself. The videos and free webinar you put out have changed my game completely !

  • @juniordude8341
    @juniordude83412 жыл бұрын

    one good trade at a time!! focus on the process and not the results!!

  • @smbcapital

    @smbcapital

    2 жыл бұрын

    yes!

  • @thorbergilofth1542
    @thorbergilofth15422 жыл бұрын

    You guys are absolutely amazing I have been in this for about 40 days and in the last two weeks since I found your Channel my mind or sorry my whole level of conscious awareness about options has shifted twice in a good way and while sitting here trading while listening to your videos I get upset about a stock that I know is going to plummet and there's just no puts available and just like second nature I created a strategy to benefit from the drop of price anyway and I was so excited that even if I was to lose thev trade that ust the ability to come up with a strategy like that and i remind you this is something that I did not have the ability to do or understand before i listen to your videos just that ability to do so is absolutely amazing to me thank you so much for for teaching in the way you do and for being real not minding that people may be deterred so that us that need that to become better Traders and become Traders. Is an awesome thing because a lot of channels will not say anything like that to lose a a viewer they don't mind you being a horrible Trader in fact I'm pretty sure that happened them really don't know how to trade themselves and I can honestly say that after 40 days

  • @theriverstyx100
    @theriverstyx1002 жыл бұрын

    This video is pure gold, thanks. The best free stuff out here.

  • @boringafgames
    @boringafgames4 жыл бұрын

    such a cool and calm voice, you couldve been an audio book teller in another life.

  • @ssunkite1
    @ssunkite15 жыл бұрын

    A very insightful webinar into various ways of thinking about how to trade. Although the webinar doesn't reveal any proprietary information, it is peppered with tons of knowledge. Thank you for sharing it.

  • @lolasan7697
    @lolasan76974 жыл бұрын

    So many great takeaways from this video. Thank you!

  • @michaelbernard1041
    @michaelbernard10415 жыл бұрын

    Thank you Mike. I've been looking all over for a good place to learn on KZread and the SMB channel is the best I've found. Your videos are especially helpful, your cadence, delivery and informative videos are making this process super easy. Thank you for your work!

  • @mbellafiore19

    @mbellafiore19

    5 жыл бұрын

    Michael Bernard you are welcome

  • @b105n8

    @b105n8

    4 жыл бұрын

    How has your trading been since over a year of SMB?

  • @deelindsey8342
    @deelindsey83425 жыл бұрын

    Amazing video ! I’ve learned so much from smb ! Thank you !!!

  • @enamulahsan1423
    @enamulahsan14233 жыл бұрын

    Thanks a lot for this video. There is a lot to learn from you as a professional trader and real life examples. All the best.

  • @danle-xp9iz
    @danle-xp9iz7 ай бұрын

    I love going through all of your videos and learning something new everyday, thank you Mike for everything you’ve provided and I will keep learning everyday to be better than yesterday.

  • @surfnstocks2998
    @surfnstocks29985 жыл бұрын

    Thank you, lots of great info

  • @vladx3539
    @vladx35394 жыл бұрын

    one of the best videos from SMB

  • @777dadoming
    @777dadoming5 жыл бұрын

    In a word Excellent! Thank you!

  • @rajendrarao3057
    @rajendrarao30575 жыл бұрын

    Amazing information provided in this video. Thank u sir for you time and effort to make this video.

  • @peakperforme
    @peakperforme4 жыл бұрын

    great advice, like you do things and respect being different

  • @JerryR304
    @JerryR3042 жыл бұрын

    great content. this has resonated with me as I try to re focus on the foundation that i learned with SMB. i feel for me what is important is being my best at routine and process= profitable trader. thx for sharing with the community Mike

  • @sandstorm973
    @sandstorm9733 жыл бұрын

    This video is essential! Thank you so much.

  • @billc3405
    @billc3405 Жыл бұрын

    Thank you for all the great information. You pull thing together.

  • @joenico6785
    @joenico67852 жыл бұрын

    its 4am and I am here taking notes, intrigued and excited about how I can incorporate this awesome content into my trading :) Thank you Mike!! and Giday from Australia!

  • @johnnyvegas5681
    @johnnyvegas56812 жыл бұрын

    225 is very respectable. I can't even do that anymore. I used to do 315 for reps, but when the injuries start, they just keep coming. I hope he made his goal back when it was time.

  • @vsatrader
    @vsatrader4 жыл бұрын

    Without the order book, level 2, T&S, SMB would not be the great company they are, but you have to work on yourself more than your edge. Your emotional hunter gather survival mechanism will work against you in trading, you have to become a robot that does not think, but reacts to your edge as the market provides the opportunitys that come and go.

  • @etahhcumosevahi
    @etahhcumosevahi2 жыл бұрын

    I love this video because so many pieces resonates with me. Especially the piece around growth mindset. It is key to developing the art of trading. Prior to me trading for living, I worked at an insurance company, hated my job, the company went public, and I eventually left the company (sound familiar? 😄). My trading niche is SPX weekly options specifically finding recurring price action fractal ratio formations supplemented by Fibonacci arches to identify support, resistance, and closing targets. It’s not something I learned from anywhere, it is something I evolved into through years of trading and learning from the trades. I started off like many others using common indicators but slowly transformed to my niche I trade with now. It’s unique, it’s consistent, and it works for me. And all of this is only possible because a long time ago, I learned my mindset had to change to a growth mindset. Not only have I read the book Mindset, but I’ve personally worked with Carol Dweck on developing growth mindset. It’s one of the most important behavioral change a person can make.

  • @mitchiarikov2614
    @mitchiarikov26142 жыл бұрын

    Thank you so much for these videos! Amazing

  • @chuksbrian8675
    @chuksbrian86755 жыл бұрын

    I really love the simplicity of your clips.

  • @mbellafiore19

    @mbellafiore19

    5 жыл бұрын

    thank you

  • @P4pgq10
    @P4pgq105 жыл бұрын

    Thank you Bella

  • @rogercarey1174
    @rogercarey11745 жыл бұрын

    another great vid thanks SMB

  • @t_tymetrader4129
    @t_tymetrader41292 жыл бұрын

    Great lesson. Thank you.

  • @hamish5712
    @hamish57125 жыл бұрын

    Absolute gold - can't believe your giving away this sort of information for free! Thank you so much

  • @portfoliowisdom
    @portfoliowisdom4 жыл бұрын

    Thank you. Great low key, personable delivery. I am a more mature midlife transitioning trader. I’ll be following you.

  • @joeygarza9550
    @joeygarza95502 жыл бұрын

    Talent is sooo important, and I'm certain it has more to do with a trader's ability to _rely on intuition_ regardless of the education, instructor, strategy, trend, overall direction, etc. Of course, this all assumes sufficient learning on the trader's part has taken place beforehand.

  • @blairstark7620
    @blairstark76204 жыл бұрын

    great video, very informative. Onto the next one.

  • @meryledwards787
    @meryledwards7872 жыл бұрын

    Thank you for this.

  • @jaxsons3339
    @jaxsons33392 жыл бұрын

    Mike- great video - Seth's early on situation is also mine to a 'T', I left the corporate world & have been trading myself since 2019 - I communicate with a group of other traders every day, however it's still trading "alone" especially at the start. I would hope all of your guys realize and appreciate how lucky they are for the opportunity to be part of a team like yours

  • @smbcapital

    @smbcapital

    2 жыл бұрын

    our latest video will be on this topic, having a team to communicate with. Definitely vital to ones success

  • @harshshah6356
    @harshshah63565 жыл бұрын

    I am glad I got this video

  • @jasondillon2567
    @jasondillon25678 ай бұрын

    1:09:00 This is such an encouraging statement, and is SO true. Thank you!

  • @michaelpayne9560
    @michaelpayne95605 жыл бұрын

    Another great 👍🏽 vid!

  • @majestik1
    @majestik15 жыл бұрын

    Mike thanks for this. This is the most transparent trading video I have ever watched.

  • @MouazAkinbola
    @MouazAkinbola2 жыл бұрын

    Congrats bro!! let's get it👍💯

  • @Snakes.StartToSing
    @Snakes.StartToSing5 жыл бұрын

    Pure motivation

  • @carthisan
    @carthisan2 жыл бұрын

    01:08:20 lmao this should be a series man i would love you to make a drama/comedy about the daily grind, equity curves, dialing up risk, revising quant strats etc. (Billions was based more on politics and less on actual trading) anyway this is a steady stream of extremely valuable information and i am very thankful

  • @ermagerd101
    @ermagerd1015 жыл бұрын

    Thanks for the video Bella, are your traders paid on commission of their profits? How is it structured?

  • @thorbergilofth1542
    @thorbergilofth15422 жыл бұрын

    I can't get past this excitement

  • @TheSjh196
    @TheSjh1965 жыл бұрын

    Igc nice pump and dump pot play. Played it the second day saw a 100 k block trade way below the price action.

  • @MJ-qe5lg
    @MJ-qe5lg5 жыл бұрын

    What size window do your traders like to have for the level 2 tape? Assuming you get used to looking at a certain amount of trades coming thru to help you make you move as well...

  • @ericbland2
    @ericbland2 Жыл бұрын

    This would be my dream job. Learning at SMB would be amazing and invaluable..

  • @huntcharts1819
    @huntcharts18192 жыл бұрын

    JUST GREAT!!

  • @G_Mac_Trading
    @G_Mac_Trading4 жыл бұрын

    the best part was the direction and encouragement

  • @derekwfrazier
    @derekwfrazier5 жыл бұрын

    good stuff

  • @markmcgwiresbackne5705
    @markmcgwiresbackne57053 жыл бұрын

    Volume also dried up a whole lot within the consolidation and after a large flush always watch for another on day 2 or 3.

  • @marcusandrew
    @marcusandrew2 жыл бұрын

    The love of the game

  • @seanchristophergrove790
    @seanchristophergrove7904 жыл бұрын

    Good video

  • @slee6593
    @slee65934 ай бұрын

    Inspiring, yes!!!

  • @nj-bz8pv
    @nj-bz8pv5 жыл бұрын

    hey Mike what kind of percentage gains are these traders having?

  • @successfultrader7280
    @successfultrader72805 жыл бұрын

    This is great 🙂!!!how can I be hire ?let me know if got do some test.

  • @alechamid235
    @alechamid2352 жыл бұрын

    Can I ask what instrument your most successful traders trade?. Is it the futures market or stocks? Do you have any successful futures traders?

  • @Talekeflows777
    @Talekeflows7772 жыл бұрын

    The realest ever, damn I’ve found the needle in the haystack!!!

  • @smbcapital

    @smbcapital

    2 жыл бұрын

    awesome!

  • @carlolocci5148
    @carlolocci51485 жыл бұрын

    I basically use an hybrid approach to obtaining the desired outcome that's a mixture of what is heavily used in computer science "called divide and conquer", the other part of the approach I use in order to accomplish goals it the same the a sport coach would use, I have microcycles, mesocycles, macrocycles and the combination of 4 macrocycles is what composes the yearly objective, microcycle is one week long, mesocycle is one month long, macrocycle 3 month long. I invented it myself, it's a mixed approach of what is commonly used in sports science and computer science towards solving a problem or obtaining a desired outcome ( it takes into account sport psychology as well ) backed by reasonably simple math, statistics and data science. To work it assumes to fundamentals through, a growth mindset and a reasonably strong will power. I like to think of it as a generalized blueprint that's applicable to solving an incredibly variety of problems, whether the problem is acquiring a new skills, improve upon an existing one or fix anything that doesn't work as well as it should.

  • @mikeleefx-mytradingjournal1284
    @mikeleefx-mytradingjournal12842 жыл бұрын

    how do you get a seat to sit on the desk? what requirements are needed?

  • @Firstmajortomlikestoticker
    @Firstmajortomlikestoticker4 жыл бұрын

    what are the Setting for Vwap?

  • @etfremd
    @etfremd4 жыл бұрын

    Hi Mike I would really like to buy a hard copy of your book The Playbook. Please let me know where I can get a copy?

  • @henriettatheophilus3808
    @henriettatheophilus3808 Жыл бұрын

    I want more

  • @gomesdiogo
    @gomesdiogo2 жыл бұрын

    for the first time ever I guess Im thinking damn I would like to work on this firm

  • @smbcapital

    @smbcapital

    2 жыл бұрын

    It's a great place to work!

  • @jimelson5896
    @jimelson58965 жыл бұрын

    This was first posted some time ago, however, should anyone review this comment section is it possible to more clearly define what you call automate trades and leveraging technology? All my trading to date has been strictly manual entry. Thanks, another great video Jim

  • @chuksbrian8675
    @chuksbrian86755 жыл бұрын

    I really slept over this daily report card stuff ... And seriously am starting today ... But One request : please can you make a video on how to trade will with volume indicator ...I somehow understand OBV indicator but that particular volume indicator in you most of the chart you trade with, seems to give me issues . Please ... !!!!!!

  • @mbellafiore19

    @mbellafiore19

    5 жыл бұрын

    yes the Daily Report Card is an excellent tool to propel better trading performance

  • @dazisgud
    @dazisgud4 ай бұрын

    Did he say trader view for recording trades?

  • @Kid_Ikaris
    @Kid_Ikaris Жыл бұрын

    Swang is a great name for a trader

  • @leerevivalhub
    @leerevivalhub2 жыл бұрын

    how can i join

  • @mnsanabu
    @mnsanabu2 жыл бұрын

    Only an elite trader will reflect on the need for improvement even after a win. It is the state of a man ascending to master. After all, the eternal student is paradoxically the master all the same. To cease the pursuit of mastery is to cease masterhood all the same.

  • @theycallmecoop
    @theycallmecoop4 жыл бұрын

    What about the ones who start and make money from.the get go....

  • @michelangeli7950
    @michelangeli79505 жыл бұрын

    Hello,did you give courses for french people? Thanks

  • @mbellafiore19

    @mbellafiore19

    5 жыл бұрын

    Not in French

  • @ricardcluter4765
    @ricardcluter47654 жыл бұрын

    How do you handle bathroom breaks? Exit a position before going? I can see missing a big move because you ate bad sushi the night before.

  • @-a13x-75

    @-a13x-75

    4 жыл бұрын

    you take your laptop to the bathroom 😂

  • @liam-n8098

    @liam-n8098

    3 жыл бұрын

    Lol what are you trading the 1 minute chart?

  • @MJ-qe5lg
    @MJ-qe5lg5 жыл бұрын

    it's funny that the not only does the technical/fundamentals matter the Hotkeys Matter, even more, I am doing pointer finger and ring finger exercise at home to become the best of all time. LOL Curious to know how much execution has to do with this.

  • @e2thelp98
    @e2thelp985 жыл бұрын

    Im curious to know how fierce the competition is for people interested in trading with SMB. Im canadian but i'd even consider moving to New York to persue my dream of a trading career

  • @luizfields

    @luizfields

    5 жыл бұрын

    you should go for it man... i just moved all the way from Brazil two months ago because I want to trade for them. Closed two companies I had (food industry and nightclub) and right now, I'm in New York saving money to pay for the futures tryout.. Meanwhile I'm focusing on being consistent on demo.. I already have the feeling that it was the best decision I made.

  • @endoplasmic7995

    @endoplasmic7995

    2 жыл бұрын

    @@luizfields Any updates? Hopefully you killed it!

  • @Stockspotify101
    @Stockspotify1014 жыл бұрын

    When you say Shark asked for 100k additional risk, does that mean he can draw down 100k or he is requesting an additional 100k in capital to put in play? I guess I am trying to understand, what 3-4 levels of capital different traders are allocated if you can answer?

  • @smbcapital

    @smbcapital

    4 жыл бұрын

    In this case it was 100K of additional draw down risk. Sharks book is well in the +20 million so 100K of additional buying power wouldn't do much for him.

  • @Stockspotify101

    @Stockspotify101

    4 жыл бұрын

    @@smbcapital thanks for the reply and the great content guys!!!

  • @MJ-qe5lg
    @MJ-qe5lg5 жыл бұрын

    Hopefully that Black shirt gives you magical powers!

  • @bpenguin
    @bpenguin2 жыл бұрын

    How does one get to even walk thru your doors and get a chance to trade with you knowing absolutely nothing, like Swang?

  • @mytube99
    @mytube993 жыл бұрын

    Do you only hire Traders that work for you in you're offices in NYC? Or do you also hire Remote Traders from Europe?

  • @smbcapital

    @smbcapital

    3 жыл бұрын

    We have hire remote traders as well. We have one trader in South Africa right now but he also lived in nyc for some time. We prefer that traders are more local but have no issue looking at hiring traders who are around the world.

  • @ddfelder2

    @ddfelder2

    3 жыл бұрын

    @@smbcapital what about aspiring traders who are willing to relocate to NYC (from California to New York)?

  • @deleon0927
    @deleon09272 жыл бұрын

    how much of the trading profits do they keep while working at a firm?

  • @smbcapital

    @smbcapital

    2 жыл бұрын

    it varies from trader to trader but often they can take home more than 60%

  • @jackhudkins542
    @jackhudkins5422 жыл бұрын

    Super helpful

  • @brokeguy8439
    @brokeguy84395 жыл бұрын

    i start rading 3 years ago and iam terrible,, can i try out to become your trader

  • @ezrhino100
    @ezrhino1004 жыл бұрын

    i want to be hired for your bitcoin trading desk...

  • @smbcapital

    @smbcapital

    4 жыл бұрын

    hopefully one day we will have one, when there's more infrastructure and development for prop traders we will be on it.

  • @OG-NASA
    @OG-NASA2 жыл бұрын

    heard, wassapenin

  • @absoluttchamp
    @absoluttchamp5 жыл бұрын

    You have great content, but you keep talking about 7-figure trader. What I would like to know is the % gains made on this size. Could you elaborate?

  • @crispyduck1706

    @crispyduck1706

    4 жыл бұрын

    Absolutely agree are they making 20/30/40% a year and have very large accounts ?come on SMB let us know

  • @smbcapital

    @smbcapital

    4 жыл бұрын

    We can't release specific results on traders but can say that most of the best traders on the desk are trading books in the millions and on good days can pull out 100k+ but a lot aren't utilizing full buying power unless they are extremely confident in certain plays. Hope that gives you an idea

  • @crispyduck1706

    @crispyduck1706

    4 жыл бұрын

    SMB Capital many thanks that is appreciated - controlling emotions is the hardest thing to learn and not over trading size and risk.Be great if you could do a video on that

  • @djshocka2007
    @djshocka20072 жыл бұрын

    🤑

  • @alexleiser6100
    @alexleiser6100 Жыл бұрын

    😎😎😎😎😎

  • @AnthonyCelata
    @AnthonyCelata Жыл бұрын

    I really hope the guys name isn't Shark and you guys just thought his real name was too lame and thought "We'll call him shark! Yeah! thats it! Shark!"

  • @majestik1
    @majestik15 жыл бұрын

    Sorry did he make $15.million in one day?

  • @chaseramos4865

    @chaseramos4865

    4 жыл бұрын

    yes

  • @AnthonyCelata
    @AnthonyCelata Жыл бұрын

    HHas anyone ever actually gone through this course IN PERSON? I have found some pretty darn negative reviews when researching but the material seems legit. Also B the trader (youtube channel) who i trust has done an interview with SMB. I know theres always going to be that pissed off guy who comes back and writes negative rreviews but when it comes to trading channels/firms/Gurus....There seems to be a lot of scammers. Or just down right thieves.

  • @thelivinvibe7960
    @thelivinvibe79602 жыл бұрын

    Cant spell Swang without swag.

  • @ukraine345
    @ukraine3455 жыл бұрын

    I made 11k in 10 days on a $5,000 account but then lost it all

  • @s4sunshine01

    @s4sunshine01

    4 жыл бұрын

    use stoploss

  • @patrickstefanek3842

    @patrickstefanek3842

    2 жыл бұрын

    It's not use stop loss. It's control your emotions and always hAve a plan before I enter

  • @suedehml

    @suedehml

    Жыл бұрын

    ^ that, and have a stop loss!

  • @Kid_Ikaris

    @Kid_Ikaris

    Жыл бұрын

    Very typical story. It can be easy to make money especially when the markets going your way. The challenge is the consistency.

  • @Kid_Ikaris

    @Kid_Ikaris

    Жыл бұрын

    You're not alone man, I lost 10k at the worst part of the parts of this last crypto wave using 10x leverage full bag like an idiot.

  • @pawellemanski1866
    @pawellemanski1866 Жыл бұрын

    They kicked you guys off there platform cause they were probably losing money lol