SMB Training

Trading education connected to a New York desk

SMB Training is the education arm associated with SMB Capital, a proprietary trading firm with a desk in New York City. It offers online programmes and mentoring based on the methods the firm says it uses to train its own traders. The curriculum covers equities, options and automated trading, with materials intended for people at different stages of learning.

Courses and skills

The catalogue includes The DNA of Successful Trading, The Winning Trader, an options foundation programme and Reading the Tape. The latter concentrates on interpreting order flow and intraday activity through a six-module course. Other offerings include fast-track mentoring and systematic trading. These are distinct approaches: the options programme focuses on matching strategies to a student's skills, while the stock courses deal with planning and executing trades. The website also provides a free daily video and blog material.

Tools and access

Alongside courses, SMB sells access to tools and meetings used in its training environment, including a proprietary stock scanner, radar screen, written game plan and real-time position information. The site lists quarterly and annual training packages. Prospective students should confirm the current fee, course content and mentoring arrangement before enrolling.

The company says it aims to develop traders who may eventually qualify for opportunities with its proprietary desk. Learning a method or buying a course does not establish that a participant will trade profitably; the useful distinction for prospective students is between the educational content, the mentoring arrangement and access to the desk's tools.