Lessons Learned in Chicago From Experienced Traders

Visit www.smbu.com/premium, email info@smbcap.com or call 646.560.5953 for more informationVisit www.smbu.com/premium, email info@smbcap.com or call 646.560.5953 for more information
Lessons learned in Chicago
from experienced traders
Mike Bellafiore
Author- One Good Trade and The PlayBook
Co-Founder SMB Capital, SMBU
Visit www.smbu.com/premium, email info@smbcap.com or call 646.560.5953 for more information

SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a
number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB
TRAINING also offers web-based, interactive training courses on demand.
The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be
construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any
investment decision you make, and such decisions will be based solely on your evaluation of your financial
circumstances, investment objectives, risk tolerance, and liquidity needs.
This material is being provided to you for educational purposes only. No information presented constitutes a
recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument
discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as,
an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment
decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such
decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk
tolerance and liquidity needs.
SMB Training and SMB Capital Management, LLC are separate but affiliated companies.
No relevant positions
Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are
not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated
performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not
represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or
over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions.
Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown.
All investments and trades carry risks.”

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Contact us
@mikebellafiore
mbellafiore@smbcap.com
@sspencer_smb
sspencer@smbcap.com
SMBU.com/blog
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Lessons Learned in Chicago From Experienced Traders

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