{"id":10980,"date":"2010-09-19T23:59:26","date_gmt":"2010-09-20T03:59:26","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=10980"},"modified":"2016-09-20T18:16:03","modified_gmt":"2016-09-20T22:16:03","slug":"tdi-podcast-179-inside-the-world-of-prop-trading-with-mike-bellafiore","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/09\/19\/tdi-podcast-179-inside-the-world-of-prop-trading-with-mike-bellafiore\/","title":{"rendered":"TDI Podcast 179: Inside The World of Prop Trading With Mike Bellafiore"},"content":{"rendered":"<p>Guest: Mike Bellafiore, Author of <a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/0470529407\/investmentadvi09\">One Good Trade<\/a> 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!<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\"><img decoding=\"async\" class=\"size-medium wp-image-257 aligncenter\" title=\"iTunes Subscribe\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/09\/itunes_subscribe-2.jpg\" alt=\"\" \/><\/a><br \/>\n___<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"color: #888888;\"><a href=\"#podcast\" target=\"_self\"><span style=\"color: #000000;\">LISTEN TO PODCAST NOW<\/span><\/a> | <span style=\"color: #000000;\">LISTEN<\/span> <span style=\"color: #000000;\">@<\/span> <a title=\"Zune Subscribe\" href=\"zune:\/\/subscribe\/?The%20Disciplined%20Investor=http:\/\/feeds.thedisciplinedinvestor.com\/tdicasts\" target=\"_blank\">ZUNE<\/a> &#8211;<span style=\"color: #000000;\"> @<\/span> <a title=\"iTunes Subscribe\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\">iTUNES<\/a><\/span><\/strong><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.gotomeeting.com\/podcast\">__<!--more--><br \/>\nHold your meetings online for just $49\/mo.<br \/>\nTry<strong> GoToMeeting FREE<\/strong> for 30 days.<\/a><\/p>\n<p style=\"text-align: center;\">___<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/bellas-blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10981 alignleft\" style=\"margin: 5px;\" title=\"BELLA\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/09\/BELLA-2.jpg\" alt=\"\" width=\"114\" height=\"124\" \/><\/a>Mike Bellafiore is the author of <a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/0470529407\/investmentadvi09\"><em>One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley Trading)<\/em><\/a><em><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.assoc-amazon.com\/e\/ir?t=smtr-20&amp;l=as2&amp;o=1&amp;a=0470529407\" border=\"0\" alt=\"\" width=\"1\" height=\"1\" \/><\/em> 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\u2018s blog offers new and developing traders ideas on how to improve their trading.  \u00a0Mike \u00a0will share the lessons the market has taught him over the past twelve years, wrapped inside of trading stories and his own trades.<\/p>\n<p>SMB Capital regularly appears on CNBC\u2018s Fast Money. SMB\u2018s training program has been highlighted on the TV documentary \u201c<a href=\"http:\/\/bit.ly\/bncOCP\">Wall Street Warriors<\/a>\u201c.  \u00a0Every Sunday night at 8:30 PM EST Mr. Bellafiore hosts the educational internet show <a href=\"http:\/\/bit.ly\/ayQTDH\">SMB University<\/a> on <a href=\"http:\/\/www.stocktwits.tv\/\">StockTwits TV<\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">___<\/p>\n<p style=\"text-align: center;\">Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick below for the 14-minute virtual tour&#8230;.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/09\/TDIMG-11.jpg\" alt=\"\" width=\"212\" height=\"318\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p><a id=\"podcast\" name=\"podcast\"><\/a><\/p>\n<p>.<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9736\"><a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9736','http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=10980-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode179.mp3\">Download<\/a> (Duration: 1:01:53 &#8212; 32.6MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9737\"><a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9737','http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=10980-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode179.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode179.mp3\">Download<\/a> (Duration: 1:01:53 &#8212; 32.6MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,186,224,12,9,296,42],"tags":[482,297,490],"class_list":["post-10980","post","type-post","status-publish","format-standard","hentry","category-economy","category-marketmash","category-long-ideas","category-markets","category-podcasts","category-shownotes","category-stocks","tag-podcasts","tag-show-notes","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/10980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=10980"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/10980\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=10980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=10980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=10980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}