SMBTraining Review: Insider Insights into Pro Trading Tactics
SMB Capital has been gaining attention in the trading industry. The name has truly become synonymous with success in the market. In this SMBTraining review, we’ll explore the key aspects of this excellent platform. We will reveal every detail that you must know about their courses, prices, and much more! Want to discover more about the SMBTraining stock training courses? If yes, read on!
General information | |
Name | SMB Capital |
Type of company | Trading Education |
Regulation status | Unregulated/Not expected |
Warnings from Financial Regulators | No official warnings |
Website link | https://www.smbtraining.com/ |
Active since | 2007 |
Registered in | New York, United States |
Contact info | [email protected], [email protected] |
Trading platforms | Web |
Majority of clients are from | United States, Canada, United Kingdom, India, Australia |
Customer support | FAQs and email |
Compensation fund | No |
Who is SMB Capital?
SMB Capital was founded in 2005 by Mike Bellafiore and Steven Spencer. Their journey to recognition began with their appearance on the TV series “Wall Street Warriors” in 2008. It’s interesting that the series recreated the Turtle Traders experiment. Here, SMB recruited new traders and trained them to become successful ones.
This odd approach drew attention and introduced the trading world to their unique methods.
Mike Bellafiore has become the face of SMB Capital. What’s more, he has written books such as “One Good Trade” and “The Playbook,” sharing trading principles along with his media presence on many platforms. SMB Capital is famous as a prop trading firm, known for offering opportunities to non-Ivy League traders.
SMBTraining Day Trading Courses
The SMB Foundation stands as one of SMB Capital’s most thorough training courses. It covers a range of skills necessary for day trading. We can see this includes trading fundamentals, trade execution, tape reading, chart analysis, and trading psychology. The course can be taken online or in-house at SMB Capital’s headquarters.
One notable aspect of the SMB Foundation is its emphasis on real-world trading. Unlike many other trading courses, it offers extensive live trading sessions. These sessions, led by Mike and other SMB traders, provide insights into real trading scenarios and strategies.
Tip: Scanz software has the ability to scan the entire US stock market. You can check out more details about the company here!
Order Flow
We know that technical chart analysis is a common approach to day trading. Still, SMB Capital places a huge emphasis on order flow. In particular, the course highlights the importance of interpreting the “tape” (time & sales) as a top indicator.
Understanding the order flow can help traders enter positions at optimal prices. It can also help discover unique trading opportunities and boost consistency in trading performance. Keep this in mind!
Stocks in Play
One key concept repeatedly highlighted in the SMB Foundation is the idea of trading “stocks in play.” These are stocks that are experiencing unusual events, high volume, or unexpected news.
Trading these stocks can be more profitable. How? Well, they offer more effective chances for price movement. This company guides traders on how to identify such stocks using stock screeners and news feeds.
The Link to Broader Markets
Smbtraining.com introduces a valuable concept often ignored by day traders. That is the relationship between broad market indices and individual stocks. The course highlights using a stock’s related futures contract as a leading indicator. We must say this is outstanding!
When the broad market moves, most stocks within it tend to follow the trend. So, understanding this correlation can help traders make smarter decisions after all.
Note: Tradeciety‘s forex course prioritizes trading psychology and provides resources on emotions, biases, and discipline. You can check them out too!
Who Is SMBTraining Good For?
This trading company cares for a wide audience. This is a fact! This audience includes traders, investors, trading schools, brokers, and prop firms. It supports various asset classes, including stocks, forex, CFDs, futures, options, and cryptocurrencies.
The platform’s flexibility, along with features like tracking intraday performance, makes it suitable for day traders. Moreover, SMB Capital’s support for free accounts is quite good, making it accessible to a broad range of traders.
SMB Capital’s Pricing Options
SMB Capital’s course pricing transparency may leave you wanting more clarity. Yet, we did find the cost of one of their key offerings, “The PlayBook.”
This subscription service, which includes real-time trade ideas and education, is $995 per quarter or $331 per month. Sure, this info provides a peek into their pricing structure. Yet, SMB Capital could benefit from being more direct about the costs of its other courses and services. We must point that out!
SMB Tools Packages
SMB Capital introduces Tools Packages made to boost your trading performance. These packages provide access to essential tools and real-time mentoring.
You can choose from 2 options:
- Trader 90 at $1397 per quarter and
- Trader 365, a yearly package priced at $5000, offers a saving of over 10%.
Each package includes features like the proprietary Radar Screen, Stock Scanner, and Real-Time Positions. They also include interactive meetings such as AM Meetings, Reading Tape Meetings, and Playbook Checkup Meetings. These tools are designed to bring consistency and precision to your trades. We like them!
Client Reviews
When evaluating a trading platform, customer reviews are an essential factor to consider. A quick search on Trustpilot reveals that SMB Capital has not received any reviews. This may raise concerns among potential users who rely on feedback here.
However, the company has a great rating of 4.4 on Glassdoor. It’s important to note that Glassdoor reviews can also be helpful!
Always note that it’s recommended to choose platforms with ratings of 4.5 stars or higher. Why? Well, this always guarantees a safe trading experience. Good platforms with a higher rating can offer a sense of confidence and security, and that’s essential.
Your Route to Profitable Trading
Are you thinking about getting into online trading? We are here to help you every step of the way! Our team offers free consultations to assist you with finding the top trading platforms with ease. In addition, we’d like to introduce you to our AI Analysis Bot – your stress-free research companion.
This one provides invaluable trading predictions to help you make better decisions. You can try it out for free for 20 days, without any payments required. You’ll also receive five detailed FX analysis reports and five stock analysis reports per month. Don’t waver to upgrade your trading experience, and give it a try today!
Final Remarks
In trading, every choice you make can either bring you closer to financial freedom or put you at risk of ruin. Make the right decisions, and you’ll be on your way to success. Make the wrong ones, and you could be facing a lifetime of regret.
SMB Capital is a solid company. Yet, it’s just as important to consider options that prioritize your safety and success.
Our AI Analysis Bot is a steadfast alternative that offers mind-blowing insights and support. As you explore the world of trading, it’s critical to choose reliable tools. This is a must! Your trading journey should be guided by knowledge, security, and reliability. So choose wisely!
FAQs
How Much Does SMBTraining Cost?
SMBTraining offers various packages, including Trader 90 at $1397 per quarter and Trader 365 at $5000 yearly.
Is SMB Capital Real?
Yes, SMB Capital is a solid trading platform founded in 2005.
Is SMB DNA Worth It?
SMB DNA is highly regarded by traders. Still, our AI Analysis Bot has better benefits for traders.