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About Michael
Mike Bellafiore is the co-founder of SMB Capital, a proprietary trading firm in New York City, and SMB Training, its trader education division. He is the author of the "trading classic" One Good Trade and The PlayBook. Mr. Bellafiore also authored a chapter for The StockTwits Edge, in which he discussed a favorite trading setup. He writes regularly for the SMB Training blog where he shares ideas on how to improve trading performance. SMB's trading techniques were noted in The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist, written by Dr. Steenbarger. As an international lecturer, Mr. Bellafiore has built trader trading programs globally for hedge funds, prop trading desks, and retail traders, and personally coaches select elite traders outside his firm.
Michael's Articles
Veteran trader Mike Bellafiore, of SMB Capital, shares an interaction he had with a trader of his firm whose back was against the wall to illustrate the importance of traders identifying the pre-market preparation and thought processes that worked one day and then doing the same thing every day.
Many developing and new traders struggle with comprehending the difference between the trades that will work from the trades that will not work, so veteran trader Mike Bellafiore of SMB Capital suggests they spice up their smart trade ideas with these four extra ingredients.
Veteran trader Mike Bellafiore of SMB Capital shares a question-and-answer between him and a trader about how many trades to make—on average—per trading day.
Veteran trader Mike Bellafiore of SMB Capital exposes the mistakes that new and retail traders often make when they don’t trade a stock with a true catalyst and highlights the two simple keys for traders to remember in order to avoid this pitfall.
Michael's Books
Michael Bellafiore
The Playbook: An Inside Look at How to Think Like a Professional Trader
This unique approach is the closest thing to signing up for a “trader boot camp” yourself! You’ll learn by watching new traders walk through actual trades, explain what they’ve tried to do, and try to survive brutally tough expert critiques.