Guest: Mike Bellafiore, Author of One Good Trade tells us some of the details on the inner workings of a Prop trading firm. Stress, fortunes and how we can apply some of the techniques. We also go back to how it is different now then it was before the bots took over. Andrew starts this episode with a review and outlook for the weeks to come and the 4th quarter. Europe is in focus and Ireland is looking to break the bank!
Mike Bellafiore is the author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley Trading) and co-founder of SMB Capital, a proprietary trading firm in NYC. SMB has been recognized for offering an outstanding intraday equities training program. Bella’s blog offers new and developing traders ideas on how to improve their trading. Mike will share the lessons the market has taught him over the past twelve years, wrapped inside of trading stories and his own trades.
SMB Capital regularly appears on CNBC’s Fast Money. SMB’s training program has been highlighted on the TV documentary “Wall Street Warriors“. Every Sunday night at 8:30 PM EST Mr. Bellafiore hosts the educational internet show SMB University on StockTwits TV
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