Ep. 157: Mike Bellafiore Interview with Michael Covel on Trend Following Radio

Michael Covel speaks with Mike Bellafiore, author of “The PlayBook”. Bellafiore trades an entirely different style than trend following, operating on a much shorter timeframe. Covel and Bellafiore discuss the real rewards to being a successful trader; passion in trading; why professional traders fail; parallels between trading and writing; Bellafiore’s history and definitions of “prop trading”; trading short timeframes and intraday trading; the “prop desk”; ups and downs in Bellafiore’s career; the early history of SMB Capital; Bellafiore’s early struggles with his father’s health concerns, his mother’s death, an SEC investigation, and how “The PlayBook” came out of it; the ten attributes of a great trader; trading psychology and mindset; personality types and short-term trading; microscalping and swing trading; expertise, flow, and mastery; process vs. outcome; entrepreneurship; the importance of coaching; and the four ways to become great at anything.

The Author