SMB Foundation
SMB Foundation
The SMB Foundation is unique, in that it is a SKILL BASED training program. Daily lesson plans have been
crafted using hundreds of written lectures, classroom lectures, trading videos, audio lectures, quizzes,
simulated trading drills, one-on-one mentoring sessions, and daily execution drills to build a powerful
trading foundation. The SMB Foundation teaches a craft - the craft of trading.
What the SMB Foundation is not, is a simple knowledge based program that asks traders to memorize
technical patterns, indicators, and trading plays found in countless books and programs online. The hard
truth is that much of these technical patterns, indicators, and trading plays are worthless without the
trading skills necessary to trade them effectively. Statistically, trading skills take years of experience and
lost money to develop, but SMB Capital reduces this learning curve by creating a demanding curriculum
focused on trading skills, followed by the development and execution of trading plays that work best for
the trainee.
There are no secret trading plays that always work. Being a consistently profitable trader is about the
adjustments made using trading skills. During the SMB Foundation trainees are taught how to build
trading plays that work best for them. Instead of trainees memorizing trading plays without
understanding how and why they work, trainees are taught a proprietary method to build trading plays
using the trading skills learned in the program. Trainees are mentored through this process, building
simple trading plays that work best for new traders and eventually building more robust trading plays
specific to the trainees trading personality. Armed with these skills, traders finishing the SMB
Foundation are far more mentally and physically prepared to trade professionally, than any other
program available to the public in the United States. For traders, the SMB Foundation truly epitomizes
the old proverb: Give a man a fish, feed him for a day. Teach a man to fish and you feed him for a life
time.
A trainee does not have to have any prior trading experience before starting the SMB Foundation. SMB
builds traders from the ground up. The training program is laid out over a 5 week calendar. Daily lesson
plans have been crafted covering every minute of the trading day, from 8am to 6pm EST, including
weekend and evening written lectures and videos. Traders may choose to work through the SMB
Foundation 5 week schedule like a trader at SMB Capital or spread the program out over two months to
accommodate any time conflicts (we regularly extend the program even further at no cost to the
trainee).
Below is a list of the major categories covered in the SMB Foundation. Each category may contain
dozens of sub-topics made up of dozens of additional written lectures, trading videos, class room
lectures, audio lectures, drills, and quizzes:
THE LAST TWO WEEKS WILL FOCUS ON THE BUILDING AND EXECUTING OF TRADING PLAYS WITH ONE -ON-ONE
MENTORING :
TRADING PROCESS
TRADER PERFORMANCE
TRADE EXECUTION
TRADING EDGE
TRADING STRATEGIES
TRADE SETUPS
SMB trains traders on an individual bases remotely or in office. Trainees may start the SMB Foundation
at a time that best suits their schedule. Being able to work through the program independently with a
mentor gives trainees a more personalized experience without having to compete for attention.
Mentors usually work with no more than two trainees at a time through the SMB Foundation training
program, assuring a trainee focused guidance. At the end of the SMB Foundation, and one-on-one
mentoring, trainees will receive a full evaluation on the skills they are doing well and what needs
improved; along with a road map to make trading a career. Trainees will be graded on 21 key attributes
found in consistently profitable traders at SMB and extended the opportunity to develop as a trader
under the coaching of SMB Capital mentors.
Syllabus
Day 1
Day 2
Day 3
Day 4
Day 5
Read: Patience
Watch: Patience
Read: Patience Pays – $MCP
Read: Adding a Dose of Patience to Your Trading
Trader Development Meeting (smb850)
Day 6
Day 7
Day 8
Day 9
Day 10
Day 11
Day 12
Day 13
Module 5 ~ Psychology 8:00 AM - 8:50 AM
Read: Clear your mind—Deep breathing
Read: Visualization Watch: Visualization
Read: The relaxation response
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon), SMB AM Meeting Archive
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Day 14
Day 15
Day 17
Day 18
Day 19
Day 20
Day 21
Day 22
Module 7 ~ Tape Reading 8:00 AM - 8:50 AM
Video #4: Reading the Tape in FCX with Roy
Watch: Held Offer FCX
Read: Different lots, different plans
Input trading ideas into spreadsheet
SMB AM Meeting (Yellow Bulb Icon)
Trade the Open, use SMB Real Time to listen to SMB Capital trade and demo
Day 23
Day 24
Day 25
Day 26
Day 27
Day 28
Day 29
Day 30