SMB Capital Roundtable - Lance Breitstein, Brett Steenbarger, Mike Bellafiore, Jeff Holden

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Mar 19, 2025

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Join Mike Bellafoire, co-founder of SMB Capital, renowned trading psychologist Brett Steenbarger, trader development head Jeff Holden, and top trader Lance Breitstein as they unpack the secrets behind molding elite traders. They dive into the structured environment of prop trading firms, the psychology of trading, and the importance of mentorship. Key topics include navigating market volatility, fostering team dynamics, and refining individual trading strategies for success. They also explore the psychological hurdles traders face and the power of community in overcoming challenges.

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INSIGHT

Staged Evaluation Beats First-Impression Hiring

SMB evaluates traders in stages: internship, senior internship, live trading, team placement, and longer-term performance.
Data and repeated performance must confirm subjective impressions before advancing traders.

ADVICE

Do Your Homework Before Asking For Mentorship

Seek environments where elite traders mentor you and join daily collaboration calls to accelerate learning.
Actively ask targeted questions after doing your own research before seeking mentorship.

ANECDOTE

Half‑Million First Year From Daily Calls

A first-year trader made $500k by sitting on daily calls with a multi–eight-figure trader and copying high-quality behavior.
SMB views that proximity to elite role models almost guarantees future elite performance.

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