Link Post: Finding a New Trading Home via SMB Capital

Apr 16, 2010: 10:58 AM CST

Steve Spencer at SMB Capital recently shared both a personal story of how he and Mike Bellafiore adapted to change by uniting shared interests and experiences via the founding of SMB Capital, which serves as a good example of how to turn misfortune into opportunity.

In a post entitled, “Finding a New Trading Home,” Steve recounts his personal experience of how he walked into work one morning at the proprietary trading firm at which he worked and all traders were unceremoniously told that the firm, or at least the proprietary trading side, would be closed.

That’s not good news!

Steve was faced with daunting questions:

“How would we continue our livelihood?   And more importantly, where?”

The solution led to what we know now as SMB Capital!

I’m always fascinated by the amount of knowledge and experience Mike, Steve, and all of the traders share with the public via their SMB Training Blog, and this is a link post I wanted to share and also highlight some of their recent or important posts:

Getting Help from Your Peers

A Trader’s Mentality

How to Combat Overtrading

Get Your Game Back (What to Do when You are Off Your Game)

Corey Rosenbloom, CMT

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