The SMB Training Foundation (2016)
The SMB Training Foundation
WEBRip | English | MOV + PDF Guides + working files | 1360 x 768 | H.263 ~2815 kbps | 30 fps
AAC | 96 Kbps | 44.1 KHz | 2 channels | ~48 hours | 21.7 GB
AAC | 96 Kbps | 44.1 KHz | 2 channels | ~48 hours | 21.7 GB
Genre: eLearning Video / Investing, Trading, Stocks
The SMB Foundation provides you with an edge for today's market. The SMB Foundation is a demanding, comprehensive, and thoughtful trading course. You will develop valuable trading skills that will enable you to profit in any market, from any location, and for your entire trading career. The SMB Foundation teaches you a craft-the craft of trading.Trading Topics and Skills:
The Fundamentals of Trading
One Good Trade
How to Find Stocks in Play
Reading the Tape
Reading Charts
How to Review Your Trading
Trade Execution
Risk Management
Psychology of Trading
SMB Foundation Trading Plays
Develop the skills of a professional trader.
Written Lectures
Daily lesson plans have been prepared utilizing more than 200 written lectures so that you develop a powerful trading foundation for today's market. We identified what must be taught for a new trader to succeed in this market. And then we started writing. We wrote about all the trading skills and trading plays that new traders must be taught to be consistently profitable.
Classroom Lectures
Written lectures are supplemented with Classroom Lectures. You will watch videos of our Partners (Mike Bellafiore and Steve Spencer), Head Trader (GMan), and Senior Traders (JToma and others) teaching trading skills and trading plays to our new traders.
Trading Videos
We have captured our real-time trades and added audio commentary to profitable intraday setups. Imagine yourself at your trading station watching a trade captured in real time with audio commentary added from a market veteran. We will explain why we bought, why we sold, and most importantly what we were thinking.
SMB Real Time
Listen to SMB Capital trade daily. SMB traders share valuable trading information via our Live Audio Feed. Multiple trading rooms are run simultaneously by the traders on our desk. Listen to the Partners trade the market Open and Close. Or move to another call and listen to SMB Traders trade In Play stocks.
Trading Drills
SMB developed Trading Drills and Quizzes for our proprietary traders in NYC. There is a reason why professional teams scrimmage. Like a professional athlete, traders must practice under game-like conditions. You cannot just read some trading materials and then jump into the trading arena. You must drill on the trading skills necessary to compete in today's market.
Quizzes
SMB Quizzes reinforce what we teach. The SMB Foundation is a large and comprehensive training program, and we have designed the course so traders do not get lost in the material or miss the nuances of the lessons being taught. We use quizzes to summarize and focus on the most important points throughout the program.
Mentoring
The Partners and senior traders at SMB are experienced mentors, who have created a comprehensive system to develop fundamentally sound traders. While learning SMB trading skills, senior traders are accessible daily through the SMB Chat Room and the SMB Audio. One-on-one mentoring is added to guide traders through the process of building trading plays and review simulated trading.
SMB Trading Tools
SMB offers our SMB Trading Tools to assist new and experienced traders. SMB Stocks In Play, SMB Scanner and SMB Radar ensures that traders are in the best stocks. Learn how we work as a team to make money individually.
SMB Foundation
The SMB Foundation is unique, in that it is a SKILL BASED training program. Daily lesson plans have been
crafted using hundreds of written lectures, classroom lectures, trading videos, audio lectures, quizzes,
simulated trading drills, one-on-one mentoring sessions, and daily execution drills to build a powerful
trading foundation. The SMB Foundation teaches a craft - the craft of trading.
What the SMB Foundation is not, is a simple knowledge based program that asks traders to memorize
technical patterns, indicators, and trading plays found in countless books and programs online. The hard
truth is that much of these technical patterns, indicators, and trading plays are worthless without the
trading skills necessary to trade them effectively. Statistically, trading skills take years of experience and
lost money to develop, but SMB Capital reduces this learning curve by creating a demanding curriculum
focused on trading skills, followed by the development and execution of trading plays that work best for
the trainee.
There are no secret trading plays that always work. Being a consistently profitable trader is about the
adjustments made using trading skills. During the SMB Foundation trainees are taught how to build
trading plays that work best for them. Instead of trainees memorizing trading plays without
understanding how and why they work, trainees are taught a proprietary method to build trading plays
using the trading skills learned in the program. Trainees are mentored through this process, building
simple trading plays that work best for new traders and eventually building more robust trading plays
specific to the trainees trading personality. Armed with these skills, traders finishing the SMB
Foundation are far more mentally and physically prepared to trade professionally, than any other
program available to the public in the United States. For traders, the SMB Foundation truly epitomizes
the old proverb: Give a man a fish, feed him for a day. Teach a man to fish and you feed him for a life
time.
A trainee does not have to have any prior trading experience before starting the SMB Foundation. SMB
builds traders from the ground up. The training program is laid out over a 5 week calendar. Daily lesson
plans have been crafted covering every minute of the trading day, from 8am to 6pm EST, including
weekend and evening written lectures and videos. Traders may choose to work through the SMB
Foundation 5 week schedule like a trader at SMB Capital or spread the program out over two months to
accommodate any time conflicts (we regularly extend the program even further at no cost to the
trainee).
Below is a list of the major categories covered in the SMB Foundation. Each category may contain
dozens of sub-topics made up of dozens of additional written lectures, trading videos, class room
lectures, audio lectures, drills, and quizzes:
THE FIRST FOUR WEEKS WILL FOCUS ON SKILL DEVELOPMENT:
STOCK SELECTION
ONE GOOD TRADE
THE 7 FUNDAMENTALS
THE PLAYBOOK
TECHNICAL ANALYSIS
PSYCHOLOGY
RISK MANAGEMENT
TAPE READING
THE LAST TWO WEEKS WILL FOCUS ON THE BUILDING AND EXECUTING OF TRADING PLAYS WITH ONE-ON-ONE
MENTORING:
TRADING PROCESS
TRADER PERFORMANCE
TRADE EXECUTION
TRADING EDGE
TRADING STRATEGIES
TRADE SETUPS
SMB trains traders on an individual bases remotely or in office. Trainees may start the SMB Foundation
at a time that best suits their schedule. Being able to work through the program independently with a
mentor gives trainees a more personalized experience without having to compete for attention.
Mentors usually work with no more than two trainees at a time through the SMB Foundation training
program, assuring a trainee focused guidance. At the end of the SMB Foundation, and one-on-one
mentoring, trainees will receive a full evaluation on the skills they are doing well and what needs
improved; along with a road map to make trading a career. Trainees will be graded on 21 key attributes
found in consistently profitable traders at SMB and extended the opportunity to develop as a trader
under the coaching of SMB Capital mentors.
Syllabus
Day 1
Introduction 8:00 AM - 8:50 AM
Read: SMB Capital Introduction, & Sign SMB Contract
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open with the demo account, listen and participate in the chat
Introduction 10:00 AM - 11:00 AM
Watch: Standards in This Job by Bella (9 min)
Read: Appropriate Behavior on Our Desk
Read: Book Recommendations
Read: A Point of Clarification: What we teach our traders
Read: Pyramid of Success, Watch: Pyramid of Success Video
Trader Development Meeting
Introduction 11:30 AM - 12:30 PM
Watch: The Future of Prop Trading
SMB TradesCenter Meeting (Monday - Thursday)
Introduction 1:30 PM - 3:15 PM
Watch: SMB Scanner
Read: SMB Radar
Watch: Quick Tutorial: Key Mapping for Alerts
Read: Alerts
Watch: Where to Set Your Alerts
Find a level and set an alert
Watch these videos on Gr8trade if you are a firm trader:
The Command Post
Timesales Intro
How to Link Windows
Creating a Watchlist on Board View
Create and Save Stock Specific Notes
How to Send Messages on Gr8trade
Einstein Login Credentials
Blotter
Filter Setup
List Manager Setup
Trade the close and listen and demo
Introduction 4:00 PM - 5:30 PM
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
SMBU Forum - PlayBook: Trade After each trading day go to the SMBU forum and input your best trade
that made sense to you and review. You can view other trader’s trades and ideas as well as sharing your
trades with others for review or feedback.
Watch: How to Use SMB Real Time
Day 2
Module 1 ~ Stock Selection 8:00 AM - 8:50 AM
Watch: Intro video to Stock Selection viewers should take notes
Read: Stocks in Play Checklist
Watch: Stocks in Play
Watch: Stock Selection & Game Planning (My Daily Process)
Read: Stocks in Play Examples
Watch: Finding Stocks in Play with the SMB Scanner
Read: Morning Ideas - Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 1 ~ Stock Selection 10:30 AM - 11:00 AM
Watch: Stocks You Should Be Trading
Watch: Identifying Your Best Trade Setup
Read: Stocks With Which You Struggle& Watch: Stocks With Which You Struggle
Trader Development Meeting
Module 1 ~ Stock Selection 11:30 AM - 12:30 PM
Read: How to Identify the Best Stocks to Trade in the Market
Watch: Stock Selection
Read: Choosing a Basket of Stocks
Read: Choosing the Right Stock for You (Stock Zone)
Read: A Great Long Position
Read: Top 10 News Plays
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 1 ~ Stock Selection 1:50 PM - 3:00 PM
Watch: Stock Selection with Mike Bellafiore
Trade the Close, listen to SMB Traders trade and demo
Finish: Stock Selection with Mike Bellafiore
These Guys are Good (Monday and Wednesday)
SMBU Forum - PlayBook: Trade After each trading day go to the SMBU forum and input your best trade
that made sense to you and review. You can view other trader’s trades and ideas as well as sharing your
trades with others for review or feedback. SMB Forum
Watch: SMB Radar: In Play Rank
Day 3
Module 1 ~ Stock Selection 8:00 AM - 8:50 AM
Read: The Second Day
Watch: The Second Day - BA
Watch: This is our time
Watch: Recognizing a strong stock
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 1 ~ Stock Selection 10:30 AM - 11:00 AM
Read: Stock Selection
Read: Stock Selection 2
Read: Stock Selection and Game Planning
Watch: Stocks in Play by Steven Spencer
Trader Development Meeting (smb850)
Module 1 ~ Stock Selection 11:30 AM - 12:30 AM
Read: Traders Ask: Should i Trade Stocks in Play?
Read: Traders Ask: Stocks in Play of a Basket?
Read: Trade Stocks That Are in Play!
Read: Why Trade Stocks in Play?
Read: The Advantage of In Play Stocks
Watch: Stock Selection: Are you trading too many stocks?
Watch: Trade Set up: The Opening Drive Play
SMB TradesCenter Meeting (Monday - Thursday)
Module 1 ~ Stock Selection 1:30 PM - 3:15 PM
Read: Super Stocks in Play Lecture, Watch:Super Stocks in Play Video
Read: Finding Stocks Intraday for the Close, Watch:Finding Stocks Intraday for the Close Video
Read: Foreshadowing
Watch: Foreshadowing
Read: Determine a Stock’s Pattern
Read: Trading Patterns
Read: Trading Patterns on the Open
Read: Using Your Trading Bias on the Open
Read: Moving On
Watch: Moving On
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Watch: The SMBU Proprietary Stock Selection Process
Quiz: Module 1: Stock Selection
SMBU Forum - PlayBook: Trade After each trading day go to the SMBU forum and input your best trade
that made sense to you and review. You can view other trader’s trades and ideas as well as sharing your
trades with others for review or feedback.
These Guys are Good (Monday and Wednesday)
Watch: The SMBU Proprietary Stock Selection Process
Day 4
Module 2 ~ One Good Trade 8:00 AM - 8:50 AM
Watch: One Good Trade by Mike B.
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Read: One Good Trade & Watch: One Good Trade
Read: The Best Excerpts from One Good Trade
Trader Development Meeting (smb850)
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Fundamental #1 Preparation
Read: Proper Preparation& Watch: Proper Preparation
Watch: AM Preparation
Watch: A Trader's Day& Read: A Trader's Day
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 2 ~ One Good Trade 1:50 PM - 3:20 AM
Read: The Benefits of Pre-Market Preparation
Read: The Trading Day Doesn’t Start until 9:30 AM!
Watch: Rehearse the Open
Read: KERX Morning Preparation
Read: The Big Picture
Read: SMB Pre-Market Mental Preparation& Watch: SMB Pre-Market Mental Preparation
Read: SMB Fundamental #1: Proper Preparation
Read: Proper Preparation
Read: Important questions before each trade
Watch: Morning Preparation Example by Mike B. - December 4th 2014
Trade the Close, listen to SMB Traders trade and demo
Read: An anecdote from the prop desk: The unprepared trader
Read: What is the best preparation to be a trader?
Read: Proper Preparation Disguised As Luck– $WLT
Watch: SMB Pre-Market Mental Preparation
Quiz: Fundamentals: Proper Preparation
SMBU Performance Center - Daily trade Review
Read: Weekend Preparation
Day 5
Module 2 ~ One Good Trade 8:00 AM - 8:50 AM
Fundamental #2 Hard Work
Read: Hard Work & Watch: Hard Work
Watch: Hard work: An example
Read: Hard work pays off & Watch: What a professional trader looks like
Watch: A Successful Trader Who Made a Late Career Change
Read: Top Ten Things About Being Overworked
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Fundamental #3 Patience
Read: Patience
Watch: Patience
Read: Patience Pays – $MCP
Read: Adding a Dose of Patience to Your Trading
Trader Development Meeting (smb850)
Module 2 ~ One Good Trade 11:30 AM - 12:30 PM
Fundamental #4 Plan
Read: Developing a Detailed Trading Plan in the AM
Read: A Detailed Plan Before Every Trade & Watch: A Detailed Plan Before Every Trade
Read: Important Questions Before Each Trade
Read: The Importance of a Well-Thought-Out Trade Plan
Read: Executing Your Plan is Part of Being Successful
Read: Peak Performance - Trading the Plan
SMB TradesCenter Meeting (Monday - Thursday)
Read: This is a Detailed Trading Plan
Read: Losing Trades are Good for Your Trading Plan?
Read: IF I Develop a Trading Plan THEN My Results Will Improve: EXPE (10.26.12)
Lunch
Module 2 ~ One Good Trade 1:30 PM - 3:05 PM
Read: Your Daily Game Plan
Read: Always Analyzing Your Positions
Fundamental #5 Discipline
Read: Discipline, Watch: Discipline
Read: When Your Stock Hits Your Exit Price (One Good Sale)
Fundamental #6 Contribution/Communication
Watch: Communication on the Desk
Read: Learning from other Traders on our Desk
Read: Information Flow - Helping Each Other Make Money
Read: Contributing Your AM Trading Ideas and Alerts &SMB Intraday Ideas Sheet
Watch: Creating Trading Networks
Read: Paying Attention + Communication = $$
Read: A Trading Conversation
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Quiz: Fundamentals: Patience
Quiz: Fundamentals: A Plan
Quiz: Fundamentals: Discipline
Quiz: Fundamentals: Hardwork
Quiz: Fundamentals: Sharing information with those on the desk
SMBU Performance Center - Daily Trade Review
Reviewing Your Monthly Goals
Day 6
Module 2 ~ One Good Trade 8:00 AM - 8:50 AM
Fundamental #7 Replay your trades
Read: Replay your important trades
Watch: Replay your important trades
Read: SMB Fundamental #7: Replaying Your Important Trades
Read: Rewind, Replay, Retrace
Read: Trade Review CTXS
Read: The Weekend Review
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Read: One Good Trade
Watch: One Good Trade
Watch: When to be hard on yourself as a trader
Read: No excuses
Trader Development Meeting (smb850)
Module 2 ~ One Good Trade 11:30 AM - 12:30 PM
Watch: The Trading Journal
Watch: Dr. Steenbarger on Trading Journal
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 2 ~ One Good Trade 1:30 PM - 3:00 PM
Watch: Things you can do to improve your numbers by GMAN
Watch: Shark Trade Review $PAY
Watch: Daily Review: $CCL and $ANR
Read: End of year review
Read: Eliminate that which doesn't work for you
Read: Pattern recognition - an example
Trade the Close, listen to SMB Traders trade and demo
Quiz: Fundamentals: Review
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
Evening video: An example: Daily Review
Day 7
Module 3 ~ The Playbook 8:00 AM - 8:50 AM
Watch Intro Video
Read: Building your playbook & Watch: The Playbook
Watch: I am doing great. Now I am nervous I will start losing money
Read: The SMB Playbook: Compiling our best trades
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 3 ~ The Playbook 10:30 AM - 11:00 AM
Read: Trader improvement on steroids with the playbook checkup
Trader Development Meeting (smb850)
Module 3 ~ The Playbook 11:30 AM - 12:30 PM
Read: Three-day growth stock swing trade ($TSLA) playbook entry & Watch: Three-day growth stock
swing trade ($TSLA) video
Read: The Playbook Checkup: Facebook earnings trade
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 3 ~ The Playbook 1:50 PM - 3:10 PM
Watch: Your Playbook Setups - Make them yours
Watch: Trend Trend Trade - FEYE
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Watch: Trend Trend Trade
SMBU Performance Center - Daily Trade Review
Learn the different types of playbook trades by past traders. The SMB Playbook
Day 8
Module 3 ~ The Playbook 8:00 AM - 8:50 AM
Read: Playbook Checkup: $HRB breakdown from held bid support
Read: The Playbook Checkup: Fade trade $DEPO
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 3 ~ The Playbook 10:30 AM - 11:00 AM
Read: The Playbook Checkup: Unusual Options Activity in $SUNE
Read: The Playbook Checkup (Shooting Start Continuation Pattern)
Trader Development Meeting (smb850)
Module 3 ~ The Playbook 11:30 AM - 12:30 PM
Read: The education of a trader: The Playbook
Read: The Playbook Checkup: One bad trade
Watch: Cocodrile Done - $GENE
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 3 ~ The Playbook 1:30 PM - 3:20 PM
Watch: The Playbook Checkup with Bella: Inside look SMB's Mentoring
Watch: Merritt's playbook trifecta play
Trade the Close, listen to SMB Traders trade and demo
Read: Name of the play: Resistance fade after breaking news
Quiz: Module 3: The Playbook
SMBU Performance Center - Daily trade review
Learn the different types of playbook trades by past traders: The Playbook
Review some archived playbooks: Video Archive
Day 9
Module 4 ~ Technical Analysis 8:00 AM - 8:50 AM
Watch:Intro video
Read: Intraday Levels
Watch: Intraday Support and Resistance Levels
Read: Using Levels
Read: Support or Resistance Plays on the Open
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 4 ~ Technical Analysis 10:30 AM - 11:00 AM
Read: Technical Analysis I & Watch: Technical Analysis I - Principles of Technical Analysis
Trader Development Meeting (smb850)
Module 4 ~ Technical Analysis 11:30 AM - 12:30 AM
Watch: Short Below Support
Read: Technical Analysis II & Watch: Technical Analysis II - Basic Chart Settings& Watch: Setting up your
charts
Watch: Hit a weak stock below support
SMB TradesCenter Meeting (Monday - Thursday)
PlayBook Checkup (Tuesday)
Module 4 ~ Technical Analysis 1:50 PM - 3:00 PM
Watch: Technical Analysis with Brian Shannon
Read: A Humongous Intraday Resistance Level - An Example (AIG)
Read: Important Intraday Levels Papertrade and Demo
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Module 4 ~ Technical Analysis 4:00 PM - 4:30 PM
Watch: Trading Fitbit IPO& Watch: How to Trade Fitbit ($FIT)?
Watch: $YELP at VWAP
Watch: Hit a Weak Stock Throught its Support
SMBU Performance Center - Daily Trade Review
Evening Video: Tech Analysis by Steve S.
Day 10
Module 4 ~ Technical Analysis 8:00 AM - 8:50 AM
Read: Chart reading 101: Pivots and market structure & Watch: Technical Analysis Part III - Chart reading
101
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 4 ~ Technical Analysis 10:30 AM - 11:00 AM
Watch: Technical Analysis Part IV - Price Action
Trader Development Meeting (smb850)
Module 4 ~ Technical Analysis 11:30 AM - 1:00 PM
Watch: The perfect ten technical trade
Watch: $FEYE 2nd Day (Technical Trade)
Watch: Big buyer at support level followed by an upmove
Read: Traders ask: How do you use the retracement high/low?
Read: Pullback trade by GMan
Watch: Buying pullbacks on the open
Watch: Trading $BABA& Watch: $GWPN on January 28th 2015
Watch: SMB AM Meeting Recap: $JNJ& Watch: SMB AM Meeting Recap: $TWX
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 4 ~ Technical Analysis 1:30 PM - 3:00 PM
Watch: Strong stock temporarily overbought
Watch: Discover the information in the counter move
Read: The four basic trades
Read: Price action: Trends and trading ranges
Read: Uptrend play& Watch: Uptrend Lecture
Watch: Downtrend Play in RIMM
Watch: Momentum trade - GoPro ($GPRO)
Watch: The reversal trade: $TWTR
Read: The trend is your friend - papertrade and demo
Watch: Technical Breakout
SMBU Performance Center - Daily trade review
Watch: Breakout trade
Watch: Consolidation Breakout trade
Watch: Fake Breakout trade
Watch: Technical Breakdown $AAPL
Day 11
Module 4 ~ Technical Analysis 8:00 AM - 8:50 AM
Read: Opening Range and Pivot Points & Watch: Explosive up move above range on the open
Read: Lowering your cost basis
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 4 ~ Technical Analysis 10:30 AM - 11:00 AM
Read: Playing a range breakout & Watch: Range play breakout
Read: Range play - an example ($KSS)
Trader Development Meeting (smb850)
Module 4 ~ Technical Analysis 11:30 AM - 12:30 PM
Watch: Range play breakout in $LEH
Read: Higher Low/Lower High: Finding A Reversal
Watch: Higher Low/Lower High
Watch: Climax Reversal $CRM
Read: A Lower High
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 4 ~ Technical Analysis 1:30 PM - 2:50 PM
Read: Range play Boot Camp
Watch: Mini Range Play
Watch: Range play in $AAPL
Watch: Corey Rosenbloom at SMB
Trade the Close, listen to SMB Traders trade and demo
Module 4 ~ Technical Analysis 4:00 PM - 5:30 PM
Quiz: Technical Analysis
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
Evening Video: JC Parets, EagleBay Capital
Day 12
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Watch: Psychology intro vid
Read: Mindset in the A.M.
Read: Positive self talk
Watch: Positive self talk
Read: Be the best listener
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Watch: How to know if trading is for you
Watch: Sexy cool trading
Watch: SMBU - FLOW
Read: Preparing my mind
Trader Development Meeting (smb850)
Module 5 ~ Stock Selection 11:30 AM - 12:30 PM
Watch: Fixed vs. growth mindset
Read: Growth mindset vs. fixed mindset (Part I)
Read: The Growth mindset: An example (Part II)
Read: The fixed vs. growth mindset: the consequences (Part III)
Watch: There is always a lesson to be learned
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 2:45 PM
Watch: The education of a trader: growth mindset
Read: Mindset hacks: adopt the mindset of a champion
Watch: Mindset hacks: adopt the mindset of a champion
Trade the Close, listen to SMB Traders trade and demo
Module 5 ~ Psychology 4:00 PM - 4:30 PM
Read: This is how you improve your trading confidence
Watch: How to gain trading confidence
SMBU Performance Center - Daily trade review
Day 13
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: Clear your mind—Deep breathing
Read: Visualization Watch: Visualization
Read: The relaxation response
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Watch: Relaxation response
Read: Psychology of trading & Watch: Psychology of trading
Trader Development Meeting
Module 5 ~ Stock Selection 11:30 AM - 12:30 PM
Read: First visualize yourself being great
Read: Everything you ever wanted to know about visualization, part I
Read: Everything you wanted to know about visualization and trading, part II
Read: Everything you wanted to know about visualization and trading, part III
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 3:00 PM
Watch: Visualization guide by Bruce Bower
Watch: Visualization Goals by Dr. Steenbarger
Watch: Stealing from Jimmer Fredette
Trade the Close, listen to SMB Traders trade and demo
SMBU Performance Center - Daily trade review
Day 14
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: The seven lessons I've learned
Read: Lesson 1: Trading is decision making
Read: Lesson 2: Trading is a peak performance activity
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Read: Lesson 3: You need a process of you own
Read: Lesson 4: The interaction between process and psychology
Read: Lesson 5: Review and tweak
Trader Development Meeting (smb850)
Module 5 ~ Psychology 11:30 AM - 12:30 PM
Watch: Mental practice tools to feel calm and "in the zone"
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:50 PM - 3:00 PM
Read: Lesson 6: Luck versus skill
Watch: Managing emotions in trading
Read: Don't call it a comeback (an intraday comeback)
Watch: An intraday comeback
Trade the Close, listen to SMB Traders trade and demo
Read: Lesson 7: The mental game is key
SMBU Performance Center - Daily trade review
Day 15
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: The trading of past trading
Read: I cannot hit my losers
Read: The overanxious trader
Read: Some help for the impatient trader
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Read: Using my inner anger (TYC)
Read: Getting Flustered
Read: Delisting Stress
Watch: Do this when you do not feel comfortable in a trade
Trader Development Meeting
Module 5 ~ Psychology 11:30 AM - 12:30 PM
Read: Taking a rip
Watch: Taking a rip
Watch: This is sportscenter
Watch: Solving the top five trading frustrations from the SMB Community
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 3:00 PM
Watch: Trading Psychology
Watch: Develop your trading confidence
Trade the Close, listen to SMB Traders trade and demo
Module 5 ~ Psychology 4:00 PM - 4:30 PM
Read some of Dr. Steenbarger's articles on Psychology
SMBU Performance Center - Daily trade review
Weekend reading: Emotion free trading
Day 16
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: Why do I Trade Worse on Monday?
Read: Overcoming your psychological issues as a trader
Read: The profitability of being wrong
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Read: 10x Equals X , Watch: Turning 1 into 10
Trader Development Meeting
Module 5 ~ Psychology 11:30 AM - 12:30 PM
Read: Presentation on trading as decision-making
Watch: Trading's emotional challenge
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 3:10 PM
Read: Presentation on the basic truths of trading
Read: Focus (on what's important) , Watch: Focus on what's important
Trade the Close, listen to SMB Traders trade and demo
Module 5 ~ Psychology 4:00 PM - 4:30 PM
Read: 10 Tips for when you first go live
Quiz: Module 5 ~ Psychology
SMBU Performance Center - Daily trade review
Day 17
Module 6 ~ Risk Management 8:00 AM - 8:50 AM
Read: Risk seminar& Watch: Risk seminar with Steve S.
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 6 ~ Risk Management 10:30 AM - 11:00 AM
Read: The psychology of sizing
Read: Overlooked risk tools: Position sizing
Read: Retail Buying - an example $NSTK
Trader Development Meeting
Module 6 ~ Risk Management 11:30 AM - 12:30 PM
Read: What is risk?
Read: Risk tolerance vs. Risk capacity
Read: Your real risk
Read: Risk on the open
Read: Risk during a conference call
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 6 ~ Risk Management 1:50 PM - 3:00 PM
Read: Why hold a stock against you?
Watch: Why hold it against you?
Read: Defense first - a momentum trade (spot the bid)
Watch: Two essential pitfalls to avoid with your trading/investing
Watch: Ideas from the prop desk to improve your trading: The non-scalable trader
Watch: Ideas from the prop desk to improve your trading: The partner rips
Trade the Close, listen to SMB Traders trade and demo
Watch: More risk doesn't always mean more reward
Watch: The idiot trade
SMBU Performance Center - Daily trade review
Watch: A Systematic Approach to Buying Power
Day 18
Module 6 ~ Risk Management 8:00 AM - 8:50 AM
Read: Doubling down, Watch: Doubling down, NOT!
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)Trade the Open, use SMB Real Time to listen to SMB Capital trade
and demo
Module 6 ~ Risk Management 10:30 AM - 11:00 AM
Read: Better Stop Prices
Read: Can a smaller stop carry more risk than a large stop?
Read: The Shark Tank risk management system
Read and watch: Ask anything: A system to increase your trading risk
Trader Development Meeting
Module 6 ~ Risk Management 11:30 AM - 1:00 PM
Read: Checks
Read: Do we really need rules?
Read: Traders ask: Violating my risk parameters
Read: Enhacing trader performance: Risk versus uncertainty
Read: Before placing a trade, be prepared to accept the risk
Watch: What is the proper risk/reward for a trade?
Read: Knowing your risk on multiple time frames
SMB TradesCenter Meeting (Monday - Thursday)
SMB TradesCenter Meeting (Monday - Thursday)
Module 6 ~ Risk Management 1:30 PM - 3:00 PM
Read: Ask the trading doc: How do i take on more risk?
Watch: Trades are risk/reward decisions
Read: Traders ask: How do you determine your risk/reward?
Read: Excellent risk/reward trades
Watch: Take advantage of great risk/reward short setups
Watch: Capitalizing on Excellent Risk/Reward Short Setups
Read: Trade, control your risk, breathe (VVUS)
Read: The risk of closing a position that is working for you
Watch: The risk of shorting a "Low Float" stock - $DGLY
Read: The risk of not being in it
Watch: Not losing is winning too
Read: FE trade review - maintaining risk
Read: A low risk entry for a long term breakout - FEYE
Trade the Close, listen to SMB Traders trade and demo
Quiz: Risk Management
SMBU Performance Center - Daily trade review
Day 19
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Read: Intro to Reading the Tape
Read: Reading the Tape: Excerpt from the Upcoming Book
Read: Reading the Tape Lecture
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Watch: Intro to Reading the Tape
Read: Reading the Tape - an example by Bella
Trader Development Meeting
Module 7 ~ Reading the Tape 11:30 AM - 12:30 PM
Read: Glossary
Read: Prints (bearish or bullish)
Read: The Prints
Read: Level II Basics
Read: Level II Intro
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:05 PM
Watch: Prints into the close - ONXX
Read: The Inside Market/Box, Watch: The Inside Market/Box
Watch: Inside Market in CFC
Watch: Noticing the Inside Market and Reacting
Read: Holds and Unusual hold on the bid or the offer, Read: An Unusual hold on the bid or offer, Watch:
An Unusual hold
Read: A held bid
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4 PM
Watch: Video Compilation of held bids/offers, unusual holds
Held Offer Example 1
Held Offer Example 2
Held Bid Example
What is not a hold
More holds on the open
Quiz: Test your knowledge on the Basics: The level II + Jargon + prints
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
Day 20
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Watch: Held bid - aggressive seller
Watch: Held bid drops but the stock gets stronger
Read: Dropped held bid but stronger play (An Example WFMI at 40.15)
Watch: Coming back to the bid
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Read: How Reading the Tape Helped Me Play the Bounce in LULU
Watch: Breakout intraday price
Watch: Slow to develop
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 1:00 PM
Watch: Bid gets hit then higher
Watch: Bid tested twice but drops
Read: Getting in and out of stocks
Read: Unusual hold on the bid - $TIF
Watch: An unusual hold on the offer on the open
Watch: Breakout Intraday Price
Watch: Unusual hold on the bid- AAPL 141.40 hold on the bid
Watch: A Held Bid
Watch: No sales on the offer
Watch: Reading the Tape with Steve in AAPL
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:00 PM
Read: Getting in front of a big order, Watch: Getting in front of a big order
Watch: A lower high
Watch: Selling program ACN
Watch: Importance of volume
Watch: Held offer below support MCD
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Read: Times of the day
Read: Corresponding Futures TIF
Quiz: Module 7: Tape Reading
SMBU Performance Center - Daily trade review
Read: Focus on what's important , Watch: Focus on what's important
Day 21
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Read: White prints in penny spread stocks
Watch: White prints in penny spread stocks
Read: Hunt orders , Watch: Hunt orders
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Read: Hunt orders - an example
Watch: Small hunt orders - SVNT
Watch: Hunt order HOT
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 1:00 PM
Watch: Hunt order - NKE
Read: Think like a big player, Watch: Think like a big player
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:00 PM
Read: A question on reading the tape and skill building
Read: Important questions before each trade
Video #1: Reading the Tape in WFC with Gman
Video #2: Reading the Tape in TRA with Gman
Video #3: Reading the Tape in KSS with Bella
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Quiz: Test your knowledge on white prints and hunt orders
SMBU Performance Center - Daily trade review
Day 22
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Video #4: Reading the Tape in FCX with Roy
Watch: Held Offer FCX
Read: Different lots, different plans
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Watch: Doubling up in MBT
Read: Adding probability to chart plays
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 12:30 PM
Watch: Reading the Tape in WYNN with Bella
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:50 PM - 3:10 PM
Read: Seeing the tape from the charts As you can tell this is not really hard stuff. It is a matter of paying
attention to the small details. As an exercise spend the next 20 minutes going through charts seeing if
you can spot a few held bids and offers from 1-3 min charts. If the market happens to be open while you
are reading this I have an even better exercise for you. Look through charts of some of the most active
stocks today, look for these two patterns and set alerts next time they get to those levels. If it happens
to be the first time the level is getting re-tested see if you can spot the hold. It may be that the stock
doesn’t need to get tested that much and it may rebound off that level without much of a fight.
Watch: Examples on charts developing off the tape
Video #1: Unusual held bid in DIS
Video #2: MS holds the bid at support @29
Video #3: ADI holds 24 for a long time
Watch: Videos of examples of trading different lots with different plans.
Example #1: LMT how to add to your position
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Quiz: Trading ideas from charts
SMBU Performance Center - Daily trade review
Read: Reading the Tape Cheat Sheet
Day 23
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Read: Proper execution of scalp plays
Watch: Videos on execution of the different scalp plays
Video #1: Uptrend buying on a pullback off a small hunt order
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Video #2: Bid holds on a broken stock in HGSI - How to change your bias
Video #3: Seller lifting but coming back to the offer
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 1:00 PM
Video #4: Pre-market trading in AIG
Video #5: Coming back to the bid in AAPL
Video #6: Battle on the Open in AIG 54.6 by 55
Video #7: Big print on the offer and hunt buy order in AAPL
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:15 PM
Video #8: NYSE seller at 23.3 in WFC ,
Video #9: Resistance by big order in JPM
Read: Proper execution of Trades2Hold plays
Watch: Unusual holds on the open in USB
Watch: Held offer in RIMM @81.3
Watch: AMZN after hours trading
Watch: From a hold to an unusual hold in AAPL
Watch: Held offer below support in WFC
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Quiz: Proper execution of scalp plays
Quiz: Tape reading Review
SMBU Performance Center - Daily trade review
Day 24
Module 8 ~ Trading Process 8:00 AM - 8:50 AM
Watch:The trading process Intro
Watch: The trading process
Read: Times of the day
Watch: Times of the trading day
Read: Pre-market trading
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 8 ~ Trading Process 10:30 AM - 11:00 AM
Watch: Developing trading habits
Read: Maintaining your energy
Watch: Maintaining your energy
Watch: The good, the sloppy, the same trader
Trader Development Meeting
Module 8 ~ Trading Process 11:30 AM - 12:30 PM
Read: Earning season
Watch: Earning season
Read: Focus (on what is important)
Watch: Focus (on what is important)
Read: Midday trading
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 8 ~ Trading Process 1:50 PM - 3:00 PM
Read: Eliminating what doesn't work ,
Read: the confidence process
Read: Trading is a game of math
Read: Let's get ready to rumble
Read: Always analyzing your positions
Read: The dog days of summer
Read: If/then statements: Directions
Read: IF i develop a trading plan THEN my results will improve: EXPE (10.26.12)
Read: The close
Trade the Close, listen to SMB Traders trade and demo
Module 8 ~ Trading Process 4:00 PM
Read: Steps to Mastery
Quiz: Trading Process
SMBU Performance Center - Daily trade review
Watch: Stocks getting easier
Watch: ELN always thinking
Day 25
Module 9 ~ Trader Performance 8:00 AM - 8:50 AM
Watch: Improving our performance by watching
Watch: It's all about the grind
Read: Improve your performance by watching yourself
Read: Turning anger into trading performance
Read: Peak performance - Trading the plan
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 9 ~ Trader performance 10:30 AM - 11:00 AM
Read: Triggering elite performance
Read: Enhancing performance with bias awareness
Read: Enhancing trader performance: Dealing with doubt
Trader Development Meeting
Module 9 ~ Trader performance 11:30 AM - 1:00 PM
Watch: How to be more consistent: use the power of habits to create consistency
Video #5: Probabilistic framework: how to use probability to boost your results
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 9 ~ Trader Performance 1:30 PM - 3:00 PM
Watch: The elite trader by Bruce Bower ,
Trade the Close, listen to SMB Traders trade and demo
Module 9 ~ Trader Performance 4:00 PM
Watch: How to be successful
Watch:Congratulations on a solid trading month! Now, what are your monthly goals to improve?
Quiz: Trader Performance
SMBU Performance Center - Daily trade review
Read: Enhancing trader performance: Deliberate trading
Read: A path to 1k
Watch: Trading Journal
Read: The write stuff
The SMB Foundation is unique, in that it is a SKILL BASED training program. Daily lesson plans have been
crafted using hundreds of written lectures, classroom lectures, trading videos, audio lectures, quizzes,
simulated trading drills, one-on-one mentoring sessions, and daily execution drills to build a powerful
trading foundation. The SMB Foundation teaches a craft - the craft of trading.
What the SMB Foundation is not, is a simple knowledge based program that asks traders to memorize
technical patterns, indicators, and trading plays found in countless books and programs online. The hard
truth is that much of these technical patterns, indicators, and trading plays are worthless without the
trading skills necessary to trade them effectively. Statistically, trading skills take years of experience and
lost money to develop, but SMB Capital reduces this learning curve by creating a demanding curriculum
focused on trading skills, followed by the development and execution of trading plays that work best for
the trainee.
There are no secret trading plays that always work. Being a consistently profitable trader is about the
adjustments made using trading skills. During the SMB Foundation trainees are taught how to build
trading plays that work best for them. Instead of trainees memorizing trading plays without
understanding how and why they work, trainees are taught a proprietary method to build trading plays
using the trading skills learned in the program. Trainees are mentored through this process, building
simple trading plays that work best for new traders and eventually building more robust trading plays
specific to the trainees trading personality. Armed with these skills, traders finishing the SMB
Foundation are far more mentally and physically prepared to trade professionally, than any other
program available to the public in the United States. For traders, the SMB Foundation truly epitomizes
the old proverb: Give a man a fish, feed him for a day. Teach a man to fish and you feed him for a life
time.
A trainee does not have to have any prior trading experience before starting the SMB Foundation. SMB
builds traders from the ground up. The training program is laid out over a 5 week calendar. Daily lesson
plans have been crafted covering every minute of the trading day, from 8am to 6pm EST, including
weekend and evening written lectures and videos. Traders may choose to work through the SMB
Foundation 5 week schedule like a trader at SMB Capital or spread the program out over two months to
accommodate any time conflicts (we regularly extend the program even further at no cost to the
trainee).
Below is a list of the major categories covered in the SMB Foundation. Each category may contain
dozens of sub-topics made up of dozens of additional written lectures, trading videos, class room
lectures, audio lectures, drills, and quizzes:
THE FIRST FOUR WEEKS WILL FOCUS ON SKILL DEVELOPMENT:
STOCK SELECTION
ONE GOOD TRADE
THE 7 FUNDAMENTALS
THE PLAYBOOK
TECHNICAL ANALYSIS
PSYCHOLOGY
RISK MANAGEMENT
TAPE READING
THE LAST TWO WEEKS WILL FOCUS ON THE BUILDING AND EXECUTING OF TRADING PLAYS WITH ONE-ON-ONE
MENTORING:
TRADING PROCESS
TRADER PERFORMANCE
TRADE EXECUTION
TRADING EDGE
TRADING STRATEGIES
TRADE SETUPS
SMB trains traders on an individual bases remotely or in office. Trainees may start the SMB Foundation
at a time that best suits their schedule. Being able to work through the program independently with a
mentor gives trainees a more personalized experience without having to compete for attention.
Mentors usually work with no more than two trainees at a time through the SMB Foundation training
program, assuring a trainee focused guidance. At the end of the SMB Foundation, and one-on-one
mentoring, trainees will receive a full evaluation on the skills they are doing well and what needs
improved; along with a road map to make trading a career. Trainees will be graded on 21 key attributes
found in consistently profitable traders at SMB and extended the opportunity to develop as a trader
under the coaching of SMB Capital mentors.
Syllabus
Day 1
Introduction 8:00 AM - 8:50 AM
Read: SMB Capital Introduction, & Sign SMB Contract
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open with the demo account, listen and participate in the chat
Introduction 10:00 AM - 11:00 AM
Watch: Standards in This Job by Bella (9 min)
Read: Appropriate Behavior on Our Desk
Read: Book Recommendations
Read: A Point of Clarification: What we teach our traders
Read: Pyramid of Success, Watch: Pyramid of Success Video
Trader Development Meeting
Introduction 11:30 AM - 12:30 PM
Watch: The Future of Prop Trading
SMB TradesCenter Meeting (Monday - Thursday)
Introduction 1:30 PM - 3:15 PM
Watch: SMB Scanner
Read: SMB Radar
Watch: Quick Tutorial: Key Mapping for Alerts
Read: Alerts
Watch: Where to Set Your Alerts
Find a level and set an alert
Watch these videos on Gr8trade if you are a firm trader:
The Command Post
Timesales Intro
How to Link Windows
Creating a Watchlist on Board View
Create and Save Stock Specific Notes
How to Send Messages on Gr8trade
Einstein Login Credentials
Blotter
Filter Setup
List Manager Setup
Trade the close and listen and demo
Introduction 4:00 PM - 5:30 PM
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
SMBU Forum - PlayBook: Trade After each trading day go to the SMBU forum and input your best trade
that made sense to you and review. You can view other trader’s trades and ideas as well as sharing your
trades with others for review or feedback.
Watch: How to Use SMB Real Time
Day 2
Module 1 ~ Stock Selection 8:00 AM - 8:50 AM
Watch: Intro video to Stock Selection viewers should take notes
Read: Stocks in Play Checklist
Watch: Stocks in Play
Watch: Stock Selection & Game Planning (My Daily Process)
Read: Stocks in Play Examples
Watch: Finding Stocks in Play with the SMB Scanner
Read: Morning Ideas - Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 1 ~ Stock Selection 10:30 AM - 11:00 AM
Watch: Stocks You Should Be Trading
Watch: Identifying Your Best Trade Setup
Read: Stocks With Which You Struggle& Watch: Stocks With Which You Struggle
Trader Development Meeting
Module 1 ~ Stock Selection 11:30 AM - 12:30 PM
Read: How to Identify the Best Stocks to Trade in the Market
Watch: Stock Selection
Read: Choosing a Basket of Stocks
Read: Choosing the Right Stock for You (Stock Zone)
Read: A Great Long Position
Read: Top 10 News Plays
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 1 ~ Stock Selection 1:50 PM - 3:00 PM
Watch: Stock Selection with Mike Bellafiore
Trade the Close, listen to SMB Traders trade and demo
Finish: Stock Selection with Mike Bellafiore
These Guys are Good (Monday and Wednesday)
SMBU Forum - PlayBook: Trade After each trading day go to the SMBU forum and input your best trade
that made sense to you and review. You can view other trader’s trades and ideas as well as sharing your
trades with others for review or feedback. SMB Forum
Watch: SMB Radar: In Play Rank
Day 3
Module 1 ~ Stock Selection 8:00 AM - 8:50 AM
Read: The Second Day
Watch: The Second Day - BA
Watch: This is our time
Watch: Recognizing a strong stock
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 1 ~ Stock Selection 10:30 AM - 11:00 AM
Read: Stock Selection
Read: Stock Selection 2
Read: Stock Selection and Game Planning
Watch: Stocks in Play by Steven Spencer
Trader Development Meeting (smb850)
Module 1 ~ Stock Selection 11:30 AM - 12:30 AM
Read: Traders Ask: Should i Trade Stocks in Play?
Read: Traders Ask: Stocks in Play of a Basket?
Read: Trade Stocks That Are in Play!
Read: Why Trade Stocks in Play?
Read: The Advantage of In Play Stocks
Watch: Stock Selection: Are you trading too many stocks?
Watch: Trade Set up: The Opening Drive Play
SMB TradesCenter Meeting (Monday - Thursday)
Module 1 ~ Stock Selection 1:30 PM - 3:15 PM
Read: Super Stocks in Play Lecture, Watch:Super Stocks in Play Video
Read: Finding Stocks Intraday for the Close, Watch:Finding Stocks Intraday for the Close Video
Read: Foreshadowing
Watch: Foreshadowing
Read: Determine a Stock’s Pattern
Read: Trading Patterns
Read: Trading Patterns on the Open
Read: Using Your Trading Bias on the Open
Read: Moving On
Watch: Moving On
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Watch: The SMBU Proprietary Stock Selection Process
Quiz: Module 1: Stock Selection
SMBU Forum - PlayBook: Trade After each trading day go to the SMBU forum and input your best trade
that made sense to you and review. You can view other trader’s trades and ideas as well as sharing your
trades with others for review or feedback.
These Guys are Good (Monday and Wednesday)
Watch: The SMBU Proprietary Stock Selection Process
Day 4
Module 2 ~ One Good Trade 8:00 AM - 8:50 AM
Watch: One Good Trade by Mike B.
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Read: One Good Trade & Watch: One Good Trade
Read: The Best Excerpts from One Good Trade
Trader Development Meeting (smb850)
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Fundamental #1 Preparation
Read: Proper Preparation& Watch: Proper Preparation
Watch: AM Preparation
Watch: A Trader's Day& Read: A Trader's Day
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 2 ~ One Good Trade 1:50 PM - 3:20 AM
Read: The Benefits of Pre-Market Preparation
Read: The Trading Day Doesn’t Start until 9:30 AM!
Watch: Rehearse the Open
Read: KERX Morning Preparation
Read: The Big Picture
Read: SMB Pre-Market Mental Preparation& Watch: SMB Pre-Market Mental Preparation
Read: SMB Fundamental #1: Proper Preparation
Read: Proper Preparation
Read: Important questions before each trade
Watch: Morning Preparation Example by Mike B. - December 4th 2014
Trade the Close, listen to SMB Traders trade and demo
Read: An anecdote from the prop desk: The unprepared trader
Read: What is the best preparation to be a trader?
Read: Proper Preparation Disguised As Luck– $WLT
Watch: SMB Pre-Market Mental Preparation
Quiz: Fundamentals: Proper Preparation
SMBU Performance Center - Daily trade Review
Read: Weekend Preparation
Day 5
Module 2 ~ One Good Trade 8:00 AM - 8:50 AM
Fundamental #2 Hard Work
Read: Hard Work & Watch: Hard Work
Watch: Hard work: An example
Read: Hard work pays off & Watch: What a professional trader looks like
Watch: A Successful Trader Who Made a Late Career Change
Read: Top Ten Things About Being Overworked
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Fundamental #3 Patience
Read: Patience
Watch: Patience
Read: Patience Pays – $MCP
Read: Adding a Dose of Patience to Your Trading
Trader Development Meeting (smb850)
Module 2 ~ One Good Trade 11:30 AM - 12:30 PM
Fundamental #4 Plan
Read: Developing a Detailed Trading Plan in the AM
Read: A Detailed Plan Before Every Trade & Watch: A Detailed Plan Before Every Trade
Read: Important Questions Before Each Trade
Read: The Importance of a Well-Thought-Out Trade Plan
Read: Executing Your Plan is Part of Being Successful
Read: Peak Performance - Trading the Plan
SMB TradesCenter Meeting (Monday - Thursday)
Read: This is a Detailed Trading Plan
Read: Losing Trades are Good for Your Trading Plan?
Read: IF I Develop a Trading Plan THEN My Results Will Improve: EXPE (10.26.12)
Lunch
Module 2 ~ One Good Trade 1:30 PM - 3:05 PM
Read: Your Daily Game Plan
Read: Always Analyzing Your Positions
Fundamental #5 Discipline
Read: Discipline, Watch: Discipline
Read: When Your Stock Hits Your Exit Price (One Good Sale)
Fundamental #6 Contribution/Communication
Watch: Communication on the Desk
Read: Learning from other Traders on our Desk
Read: Information Flow - Helping Each Other Make Money
Read: Contributing Your AM Trading Ideas and Alerts &SMB Intraday Ideas Sheet
Watch: Creating Trading Networks
Read: Paying Attention + Communication = $$
Read: A Trading Conversation
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Quiz: Fundamentals: Patience
Quiz: Fundamentals: A Plan
Quiz: Fundamentals: Discipline
Quiz: Fundamentals: Hardwork
Quiz: Fundamentals: Sharing information with those on the desk
SMBU Performance Center - Daily Trade Review
Reviewing Your Monthly Goals
Day 6
Module 2 ~ One Good Trade 8:00 AM - 8:50 AM
Fundamental #7 Replay your trades
Read: Replay your important trades
Watch: Replay your important trades
Read: SMB Fundamental #7: Replaying Your Important Trades
Read: Rewind, Replay, Retrace
Read: Trade Review CTXS
Read: The Weekend Review
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 2 ~ One Good Trade 10:30 AM - 11:00 AM
Read: One Good Trade
Watch: One Good Trade
Watch: When to be hard on yourself as a trader
Read: No excuses
Trader Development Meeting (smb850)
Module 2 ~ One Good Trade 11:30 AM - 12:30 PM
Watch: The Trading Journal
Watch: Dr. Steenbarger on Trading Journal
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 2 ~ One Good Trade 1:30 PM - 3:00 PM
Watch: Things you can do to improve your numbers by GMAN
Watch: Shark Trade Review $PAY
Watch: Daily Review: $CCL and $ANR
Read: End of year review
Read: Eliminate that which doesn't work for you
Read: Pattern recognition - an example
Trade the Close, listen to SMB Traders trade and demo
Quiz: Fundamentals: Review
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
Evening video: An example: Daily Review
Day 7
Module 3 ~ The Playbook 8:00 AM - 8:50 AM
Watch Intro Video
Read: Building your playbook & Watch: The Playbook
Watch: I am doing great. Now I am nervous I will start losing money
Read: The SMB Playbook: Compiling our best trades
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 3 ~ The Playbook 10:30 AM - 11:00 AM
Read: Trader improvement on steroids with the playbook checkup
Trader Development Meeting (smb850)
Module 3 ~ The Playbook 11:30 AM - 12:30 PM
Read: Three-day growth stock swing trade ($TSLA) playbook entry & Watch: Three-day growth stock
swing trade ($TSLA) video
Read: The Playbook Checkup: Facebook earnings trade
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 3 ~ The Playbook 1:50 PM - 3:10 PM
Watch: Your Playbook Setups - Make them yours
Watch: Trend Trend Trade - FEYE
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Watch: Trend Trend Trade
SMBU Performance Center - Daily Trade Review
Learn the different types of playbook trades by past traders. The SMB Playbook
Day 8
Module 3 ~ The Playbook 8:00 AM - 8:50 AM
Read: Playbook Checkup: $HRB breakdown from held bid support
Read: The Playbook Checkup: Fade trade $DEPO
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 3 ~ The Playbook 10:30 AM - 11:00 AM
Read: The Playbook Checkup: Unusual Options Activity in $SUNE
Read: The Playbook Checkup (Shooting Start Continuation Pattern)
Trader Development Meeting (smb850)
Module 3 ~ The Playbook 11:30 AM - 12:30 PM
Read: The education of a trader: The Playbook
Read: The Playbook Checkup: One bad trade
Watch: Cocodrile Done - $GENE
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 3 ~ The Playbook 1:30 PM - 3:20 PM
Watch: The Playbook Checkup with Bella: Inside look SMB's Mentoring
Watch: Merritt's playbook trifecta play
Trade the Close, listen to SMB Traders trade and demo
Read: Name of the play: Resistance fade after breaking news
Quiz: Module 3: The Playbook
SMBU Performance Center - Daily trade review
Learn the different types of playbook trades by past traders: The Playbook
Review some archived playbooks: Video Archive
Day 9
Module 4 ~ Technical Analysis 8:00 AM - 8:50 AM
Watch:Intro video
Read: Intraday Levels
Watch: Intraday Support and Resistance Levels
Read: Using Levels
Read: Support or Resistance Plays on the Open
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the open. Use SMB Real Time to listen to SMB Capital trade.
Module 4 ~ Technical Analysis 10:30 AM - 11:00 AM
Read: Technical Analysis I & Watch: Technical Analysis I - Principles of Technical Analysis
Trader Development Meeting (smb850)
Module 4 ~ Technical Analysis 11:30 AM - 12:30 AM
Watch: Short Below Support
Read: Technical Analysis II & Watch: Technical Analysis II - Basic Chart Settings& Watch: Setting up your
charts
Watch: Hit a weak stock below support
SMB TradesCenter Meeting (Monday - Thursday)
PlayBook Checkup (Tuesday)
Module 4 ~ Technical Analysis 1:50 PM - 3:00 PM
Watch: Technical Analysis with Brian Shannon
Read: A Humongous Intraday Resistance Level - An Example (AIG)
Read: Important Intraday Levels Papertrade and Demo
Trade the close. Use SMB Real Time to listen to SMB Capital trade.
Module 4 ~ Technical Analysis 4:00 PM - 4:30 PM
Watch: Trading Fitbit IPO& Watch: How to Trade Fitbit ($FIT)?
Watch: $YELP at VWAP
Watch: Hit a Weak Stock Throught its Support
SMBU Performance Center - Daily Trade Review
Evening Video: Tech Analysis by Steve S.
Day 10
Module 4 ~ Technical Analysis 8:00 AM - 8:50 AM
Read: Chart reading 101: Pivots and market structure & Watch: Technical Analysis Part III - Chart reading
101
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 4 ~ Technical Analysis 10:30 AM - 11:00 AM
Watch: Technical Analysis Part IV - Price Action
Trader Development Meeting (smb850)
Module 4 ~ Technical Analysis 11:30 AM - 1:00 PM
Watch: The perfect ten technical trade
Watch: $FEYE 2nd Day (Technical Trade)
Watch: Big buyer at support level followed by an upmove
Read: Traders ask: How do you use the retracement high/low?
Read: Pullback trade by GMan
Watch: Buying pullbacks on the open
Watch: Trading $BABA& Watch: $GWPN on January 28th 2015
Watch: SMB AM Meeting Recap: $JNJ& Watch: SMB AM Meeting Recap: $TWX
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 4 ~ Technical Analysis 1:30 PM - 3:00 PM
Watch: Strong stock temporarily overbought
Watch: Discover the information in the counter move
Read: The four basic trades
Read: Price action: Trends and trading ranges
Read: Uptrend play& Watch: Uptrend Lecture
Watch: Downtrend Play in RIMM
Watch: Momentum trade - GoPro ($GPRO)
Watch: The reversal trade: $TWTR
Read: The trend is your friend - papertrade and demo
Watch: Technical Breakout
SMBU Performance Center - Daily trade review
Watch: Breakout trade
Watch: Consolidation Breakout trade
Watch: Fake Breakout trade
Watch: Technical Breakdown $AAPL
Day 11
Module 4 ~ Technical Analysis 8:00 AM - 8:50 AM
Read: Opening Range and Pivot Points & Watch: Explosive up move above range on the open
Read: Lowering your cost basis
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 4 ~ Technical Analysis 10:30 AM - 11:00 AM
Read: Playing a range breakout & Watch: Range play breakout
Read: Range play - an example ($KSS)
Trader Development Meeting (smb850)
Module 4 ~ Technical Analysis 11:30 AM - 12:30 PM
Watch: Range play breakout in $LEH
Read: Higher Low/Lower High: Finding A Reversal
Watch: Higher Low/Lower High
Watch: Climax Reversal $CRM
Read: A Lower High
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 4 ~ Technical Analysis 1:30 PM - 2:50 PM
Read: Range play Boot Camp
Watch: Mini Range Play
Watch: Range play in $AAPL
Watch: Corey Rosenbloom at SMB
Trade the Close, listen to SMB Traders trade and demo
Module 4 ~ Technical Analysis 4:00 PM - 5:30 PM
Quiz: Technical Analysis
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
Evening Video: JC Parets, EagleBay Capital
Day 12
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Watch: Psychology intro vid
Read: Mindset in the A.M.
Read: Positive self talk
Watch: Positive self talk
Read: Be the best listener
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Watch: How to know if trading is for you
Watch: Sexy cool trading
Watch: SMBU - FLOW
Read: Preparing my mind
Trader Development Meeting (smb850)
Module 5 ~ Stock Selection 11:30 AM - 12:30 PM
Watch: Fixed vs. growth mindset
Read: Growth mindset vs. fixed mindset (Part I)
Read: The Growth mindset: An example (Part II)
Read: The fixed vs. growth mindset: the consequences (Part III)
Watch: There is always a lesson to be learned
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 2:45 PM
Watch: The education of a trader: growth mindset
Read: Mindset hacks: adopt the mindset of a champion
Watch: Mindset hacks: adopt the mindset of a champion
Trade the Close, listen to SMB Traders trade and demo
Module 5 ~ Psychology 4:00 PM - 4:30 PM
Read: This is how you improve your trading confidence
Watch: How to gain trading confidence
SMBU Performance Center - Daily trade review
Day 13
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: Clear your mind—Deep breathing
Read: Visualization Watch: Visualization
Read: The relaxation response
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Watch: Relaxation response
Read: Psychology of trading & Watch: Psychology of trading
Trader Development Meeting
Module 5 ~ Stock Selection 11:30 AM - 12:30 PM
Read: First visualize yourself being great
Read: Everything you ever wanted to know about visualization, part I
Read: Everything you wanted to know about visualization and trading, part II
Read: Everything you wanted to know about visualization and trading, part III
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 3:00 PM
Watch: Visualization guide by Bruce Bower
Watch: Visualization Goals by Dr. Steenbarger
Watch: Stealing from Jimmer Fredette
Trade the Close, listen to SMB Traders trade and demo
SMBU Performance Center - Daily trade review
Day 14
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: The seven lessons I've learned
Read: Lesson 1: Trading is decision making
Read: Lesson 2: Trading is a peak performance activity
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Read: Lesson 3: You need a process of you own
Read: Lesson 4: The interaction between process and psychology
Read: Lesson 5: Review and tweak
Trader Development Meeting (smb850)
Module 5 ~ Psychology 11:30 AM - 12:30 PM
Watch: Mental practice tools to feel calm and "in the zone"
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:50 PM - 3:00 PM
Read: Lesson 6: Luck versus skill
Watch: Managing emotions in trading
Read: Don't call it a comeback (an intraday comeback)
Watch: An intraday comeback
Trade the Close, listen to SMB Traders trade and demo
Read: Lesson 7: The mental game is key
SMBU Performance Center - Daily trade review
Day 15
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: The trading of past trading
Read: I cannot hit my losers
Read: The overanxious trader
Read: Some help for the impatient trader
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Read: Using my inner anger (TYC)
Read: Getting Flustered
Read: Delisting Stress
Watch: Do this when you do not feel comfortable in a trade
Trader Development Meeting
Module 5 ~ Psychology 11:30 AM - 12:30 PM
Read: Taking a rip
Watch: Taking a rip
Watch: This is sportscenter
Watch: Solving the top five trading frustrations from the SMB Community
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 3:00 PM
Watch: Trading Psychology
Watch: Develop your trading confidence
Trade the Close, listen to SMB Traders trade and demo
Module 5 ~ Psychology 4:00 PM - 4:30 PM
Read some of Dr. Steenbarger's articles on Psychology
SMBU Performance Center - Daily trade review
Weekend reading: Emotion free trading
Day 16
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: Why do I Trade Worse on Monday?
Read: Overcoming your psychological issues as a trader
Read: The profitability of being wrong
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 5 ~ Psychology 10:30 AM - 11:00 AM
Read: 10x Equals X , Watch: Turning 1 into 10
Trader Development Meeting
Module 5 ~ Psychology 11:30 AM - 12:30 PM
Read: Presentation on trading as decision-making
Watch: Trading's emotional challenge
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 5 ~ Psychology 1:30 PM - 3:10 PM
Read: Presentation on the basic truths of trading
Read: Focus (on what's important) , Watch: Focus on what's important
Trade the Close, listen to SMB Traders trade and demo
Module 5 ~ Psychology 4:00 PM - 4:30 PM
Read: 10 Tips for when you first go live
Quiz: Module 5 ~ Psychology
SMBU Performance Center - Daily trade review
Day 17
Module 6 ~ Risk Management 8:00 AM - 8:50 AM
Read: Risk seminar& Watch: Risk seminar with Steve S.
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 6 ~ Risk Management 10:30 AM - 11:00 AM
Read: The psychology of sizing
Read: Overlooked risk tools: Position sizing
Read: Retail Buying - an example $NSTK
Trader Development Meeting
Module 6 ~ Risk Management 11:30 AM - 12:30 PM
Read: What is risk?
Read: Risk tolerance vs. Risk capacity
Read: Your real risk
Read: Risk on the open
Read: Risk during a conference call
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 6 ~ Risk Management 1:50 PM - 3:00 PM
Read: Why hold a stock against you?
Watch: Why hold it against you?
Read: Defense first - a momentum trade (spot the bid)
Watch: Two essential pitfalls to avoid with your trading/investing
Watch: Ideas from the prop desk to improve your trading: The non-scalable trader
Watch: Ideas from the prop desk to improve your trading: The partner rips
Trade the Close, listen to SMB Traders trade and demo
Watch: More risk doesn't always mean more reward
Watch: The idiot trade
SMBU Performance Center - Daily trade review
Watch: A Systematic Approach to Buying Power
Day 18
Module 6 ~ Risk Management 8:00 AM - 8:50 AM
Read: Doubling down, Watch: Doubling down, NOT!
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)Trade the Open, use SMB Real Time to listen to SMB Capital trade
and demo
Module 6 ~ Risk Management 10:30 AM - 11:00 AM
Read: Better Stop Prices
Read: Can a smaller stop carry more risk than a large stop?
Read: The Shark Tank risk management system
Read and watch: Ask anything: A system to increase your trading risk
Trader Development Meeting
Module 6 ~ Risk Management 11:30 AM - 1:00 PM
Read: Checks
Read: Do we really need rules?
Read: Traders ask: Violating my risk parameters
Read: Enhacing trader performance: Risk versus uncertainty
Read: Before placing a trade, be prepared to accept the risk
Watch: What is the proper risk/reward for a trade?
Read: Knowing your risk on multiple time frames
SMB TradesCenter Meeting (Monday - Thursday)
SMB TradesCenter Meeting (Monday - Thursday)
Module 6 ~ Risk Management 1:30 PM - 3:00 PM
Read: Ask the trading doc: How do i take on more risk?
Watch: Trades are risk/reward decisions
Read: Traders ask: How do you determine your risk/reward?
Read: Excellent risk/reward trades
Watch: Take advantage of great risk/reward short setups
Watch: Capitalizing on Excellent Risk/Reward Short Setups
Read: Trade, control your risk, breathe (VVUS)
Read: The risk of closing a position that is working for you
Watch: The risk of shorting a "Low Float" stock - $DGLY
Read: The risk of not being in it
Watch: Not losing is winning too
Read: FE trade review - maintaining risk
Read: A low risk entry for a long term breakout - FEYE
Trade the Close, listen to SMB Traders trade and demo
Quiz: Risk Management
SMBU Performance Center - Daily trade review
Day 19
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Read: Intro to Reading the Tape
Read: Reading the Tape: Excerpt from the Upcoming Book
Read: Reading the Tape Lecture
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Watch: Intro to Reading the Tape
Read: Reading the Tape - an example by Bella
Trader Development Meeting
Module 7 ~ Reading the Tape 11:30 AM - 12:30 PM
Read: Glossary
Read: Prints (bearish or bullish)
Read: The Prints
Read: Level II Basics
Read: Level II Intro
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:05 PM
Watch: Prints into the close - ONXX
Read: The Inside Market/Box, Watch: The Inside Market/Box
Watch: Inside Market in CFC
Watch: Noticing the Inside Market and Reacting
Read: Holds and Unusual hold on the bid or the offer, Read: An Unusual hold on the bid or offer, Watch:
An Unusual hold
Read: A held bid
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4 PM
Watch: Video Compilation of held bids/offers, unusual holds
Held Offer Example 1
Held Offer Example 2
Held Bid Example
What is not a hold
More holds on the open
Quiz: Test your knowledge on the Basics: The level II + Jargon + prints
These Guys are Good (Monday and Wednesday)
SMBU Performance Center - Daily Trade Review
Day 20
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Watch: Held bid - aggressive seller
Watch: Held bid drops but the stock gets stronger
Read: Dropped held bid but stronger play (An Example WFMI at 40.15)
Watch: Coming back to the bid
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Read: How Reading the Tape Helped Me Play the Bounce in LULU
Watch: Breakout intraday price
Watch: Slow to develop
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 1:00 PM
Watch: Bid gets hit then higher
Watch: Bid tested twice but drops
Read: Getting in and out of stocks
Read: Unusual hold on the bid - $TIF
Watch: An unusual hold on the offer on the open
Watch: Breakout Intraday Price
Watch: Unusual hold on the bid- AAPL 141.40 hold on the bid
Watch: A Held Bid
Watch: No sales on the offer
Watch: Reading the Tape with Steve in AAPL
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:00 PM
Read: Getting in front of a big order, Watch: Getting in front of a big order
Watch: A lower high
Watch: Selling program ACN
Watch: Importance of volume
Watch: Held offer below support MCD
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Read: Times of the day
Read: Corresponding Futures TIF
Quiz: Module 7: Tape Reading
SMBU Performance Center - Daily trade review
Read: Focus on what's important , Watch: Focus on what's important
Day 21
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Read: White prints in penny spread stocks
Watch: White prints in penny spread stocks
Read: Hunt orders , Watch: Hunt orders
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Read: Hunt orders - an example
Watch: Small hunt orders - SVNT
Watch: Hunt order HOT
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 1:00 PM
Watch: Hunt order - NKE
Read: Think like a big player, Watch: Think like a big player
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:00 PM
Read: A question on reading the tape and skill building
Read: Important questions before each trade
Video #1: Reading the Tape in WFC with Gman
Video #2: Reading the Tape in TRA with Gman
Video #3: Reading the Tape in KSS with Bella
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Quiz: Test your knowledge on white prints and hunt orders
SMBU Performance Center - Daily trade review
Day 22
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Video #4: Reading the Tape in FCX with Roy
Watch: Held Offer FCX
Read: Different lots, different plans
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Watch: Doubling up in MBT
Read: Adding probability to chart plays
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 12:30 PM
Watch: Reading the Tape in WYNN with Bella
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:50 PM - 3:10 PM
Read: Seeing the tape from the charts As you can tell this is not really hard stuff. It is a matter of paying
attention to the small details. As an exercise spend the next 20 minutes going through charts seeing if
you can spot a few held bids and offers from 1-3 min charts. If the market happens to be open while you
are reading this I have an even better exercise for you. Look through charts of some of the most active
stocks today, look for these two patterns and set alerts next time they get to those levels. If it happens
to be the first time the level is getting re-tested see if you can spot the hold. It may be that the stock
doesn’t need to get tested that much and it may rebound off that level without much of a fight.
Watch: Examples on charts developing off the tape
Video #1: Unusual held bid in DIS
Video #2: MS holds the bid at support @29
Video #3: ADI holds 24 for a long time
Watch: Videos of examples of trading different lots with different plans.
Example #1: LMT how to add to your position
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Quiz: Trading ideas from charts
SMBU Performance Center - Daily trade review
Read: Reading the Tape Cheat Sheet
Day 23
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Read: Proper execution of scalp plays
Watch: Videos on execution of the different scalp plays
Video #1: Uptrend buying on a pullback off a small hunt order
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 7 ~ Tape Reading 10:30 AM - 11:00 AM
Video #2: Bid holds on a broken stock in HGSI - How to change your bias
Video #3: Seller lifting but coming back to the offer
Trader Development Meeting
Module 7 ~ Tape Reading 11:30 AM - 1:00 PM
Video #4: Pre-market trading in AIG
Video #5: Coming back to the bid in AAPL
Video #6: Battle on the Open in AIG 54.6 by 55
Video #7: Big print on the offer and hunt buy order in AAPL
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 7 ~ Tape Reading 1:30 PM - 3:15 PM
Video #8: NYSE seller at 23.3 in WFC ,
Video #9: Resistance by big order in JPM
Read: Proper execution of Trades2Hold plays
Watch: Unusual holds on the open in USB
Watch: Held offer in RIMM @81.3
Watch: AMZN after hours trading
Watch: From a hold to an unusual hold in AAPL
Watch: Held offer below support in WFC
Trade the Close, listen to SMB Traders trade and demo
Module 7 ~ Tape Reading 4:00 PM
Quiz: Proper execution of scalp plays
Quiz: Tape reading Review
SMBU Performance Center - Daily trade review
Day 24
Module 8 ~ Trading Process 8:00 AM - 8:50 AM
Watch:The trading process Intro
Watch: The trading process
Read: Times of the day
Watch: Times of the trading day
Read: Pre-market trading
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 8 ~ Trading Process 10:30 AM - 11:00 AM
Watch: Developing trading habits
Read: Maintaining your energy
Watch: Maintaining your energy
Watch: The good, the sloppy, the same trader
Trader Development Meeting
Module 8 ~ Trading Process 11:30 AM - 12:30 PM
Read: Earning season
Watch: Earning season
Read: Focus (on what is important)
Watch: Focus (on what is important)
Read: Midday trading
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 8 ~ Trading Process 1:50 PM - 3:00 PM
Read: Eliminating what doesn't work ,
Read: the confidence process
Read: Trading is a game of math
Read: Let's get ready to rumble
Read: Always analyzing your positions
Read: The dog days of summer
Read: If/then statements: Directions
Read: IF i develop a trading plan THEN my results will improve: EXPE (10.26.12)
Read: The close
Trade the Close, listen to SMB Traders trade and demo
Module 8 ~ Trading Process 4:00 PM
Read: Steps to Mastery
Quiz: Trading Process
SMBU Performance Center - Daily trade review
Watch: Stocks getting easier
Watch: ELN always thinking
Day 25
Module 9 ~ Trader Performance 8:00 AM - 8:50 AM
Watch: Improving our performance by watching
Watch: It's all about the grind
Read: Improve your performance by watching yourself
Read: Turning anger into trading performance
Read: Peak performance - Trading the plan
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Module 9 ~ Trader performance 10:30 AM - 11:00 AM
Read: Triggering elite performance
Read: Enhancing performance with bias awareness
Read: Enhancing trader performance: Dealing with doubt
Trader Development Meeting
Module 9 ~ Trader performance 11:30 AM - 1:00 PM
Watch: How to be more consistent: use the power of habits to create consistency
Video #5: Probabilistic framework: how to use probability to boost your results
SMB TradesCenter Meeting (Monday - Thursday)
The PlayBook Checkup Meeting (Tuesday and Thursday)
Module 9 ~ Trader Performance 1:30 PM - 3:00 PM
Watch: The elite trader by Bruce Bower ,
Trade the Close, listen to SMB Traders trade and demo
Module 9 ~ Trader Performance 4:00 PM
Watch: How to be successful
Watch:Congratulations on a solid trading month! Now, what are your monthly goals to improve?
Quiz: Trader Performance
SMBU Performance Center - Daily trade review
Read: Enhancing trader performance: Deliberate trading
Read: A path to 1k
Watch: Trading Journal
Read: The write stuff
Value: $5750
More info: Salepage
and You can watch my other last: Business-posts
General
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Audio
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Format : AAC
Format/Info : Advanced Audio Codec
Format profile : LC
Codec ID : 40
Duration : 2h 22mn
Bit rate mode : Variable
Bit rate : 96.0 Kbps
Channel(s) : 2 channels
Channel positions : Front: L R
Sampling rate : 44.1 KHz
Compression mode : Lossy
Stream size : 97.9 MiB (3%)
Language : English
Screenshots
The SMB Training Foundation (2016)
The SMB Training Foundation (2016)
The SMB Training Foundation (2016)
The SMB Training Foundation (2016)
The SMB Training Foundation (2016)
The SMB Training Foundation (2016)
The SMB Training Foundation (2016)
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The SMB Training Foundation (2016)
