B The Trader

Mike Spinosa is a full-time day trader and mentor. He started out in the corporate world, analyzing small caps and then eventually becoming an analyst for bigger cap companies. After realizing this was not for him he decided to jump ship cold turkey and pursue day trading full-time. He shares how his background didn't really help him with his trading now and how he doesn't even use fundamentals in his everyday trading. Mike focuses solely on price action and momentum and he shares some insight on how he has been able to find his success.

Learning to trust your gut as a trader is something I am starting to learn more and more. I mean trusting your gut in life is something I have learned from as well and I guess I shouldn't be surprised it is the same in trading. In this episode I share with you all how my progress has been in May since I decided to trust my gut and pursue this new style of trading...Price action/momentum. I am happy to say there has been great progress so far. I have found myself making most of my return on longing trade setups on occasion which is something I have never done before and some days where I both short and long the same ticker. I will discuss with you the feeling I have been having while trading this new way and how it has created a sense of openness. 

Dr. Brett Steenbarger is the author of one of my favorite books "The Daily Trading Coach". He coaches/mentors top traders in several different prop firms including SMB Capital. He is a trader himself, and a clinical psychology professor. You will have plenty of takeaways in this episode so be sure to get a pen and paper. 

My trading has been improving week by week, month by month and when you're doing well you want to push it, grow your account even more, and size up. This is exactly what I was doing for a while now and then May hit me...I started to realize that the patterns I was using were not working well. In this episode, I will share with you the mental battle I had during this time and also how I have decided to handle it.

Stan Gluzman is a professional trader from Seven Points Capital and was more than happy to share with me his story of how he became a successful trader and some solid tips around his sizing strategy. We discuss some challenges he has faced in the past and his current challenges along with what he plans to do to improve.

I am coming off of a great March and April...however, the market will always humble us. On day one of May I hit my stop loss...my new MAX LOSS because I sized up again...This was frustrating, to say the least. Then the following week has been very choppy...and ended up being a scratch week. Here are my thoughts on how trading has been during these frustrating times.

I first saw Scott Elliott on SMB Capitals Youtube. Mike Bellafiore brought him on to discuss his recent blow-up of 100k on one trade. All of his hard work for months was wiped away in one trade. He was very open with Mike and shared his story with him which I felt took a strong person to do so. I knew I wanted to bring him on B The Trader right away to dive deeper into his story and learn even more lessons from his trade. I feel we can all learn from this episode and I can't wait for you to watch it.

This episode is one I didn't think I would ever make. So many people doubted me and use to laugh when I would be happy about making $50 or $100 for the entire month. They would say things like "Wow, that's it?" and wouldn't understand the hard work would eventually grow into more. Well in this episode I share with you an update on my progress along with a little celebration of finally making a salary I can live on. I am very proud of this and will continue to grow and work on my craft. Been enjoying this journey and sharing it with you all. 

I met Airplane Jane back in 2016 at a trading conference when she was at the beginning of her consistency. She is now a full-time day trader and mentor who loves to trade bigger cap stocks using the dark pools. We go into details on this strategy and what it really means to trade dark pools. 

James Freedlender from My Investing Club shares one of his trades he did in the month of April on stock $WORX. This episode is coming out after having Krishna from Seven Points Capital go over his own trade on $WORX. You will be able to see how two different traders trade the same ticker and hopefully learn how we can all trade the same ticker differently and be successful. James goes into the details of why he placed the trade and his thought process through the trade along with having me as a soundboard and asking questions to help you grow in your own trading.