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 first three weeks will focus on Skill Development:

SMBs Fundamentals of Trading
How to find Stocks in Play
Second Day Plays
Making Trading Opportunities
Intraday Fundamentals
Reading the Tape
Technical Analysis
Mastering Entries and Exits
Pattern Recognition
Reading Order Books
Correlating Markets
Reading and Trading ETFs
SMB Order Execution Method (OEM)
Risk Management
Psychology of Trading
Building Routines
The last two weeks will focus on the building and executing of trading plays with
one-on-one mentoring:
Trading Play Structure
Building Trading Plays
Types of Trading Plays
Simulated Trading
Trade Management
Post-Analysis & Adjustments
One Good Trade Structure
Road Map for Trader Development

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
SMB Trading Skills
Day 1
SMB Training Introduction (Watch: Standards by Bella)
The Level II Basics (Video is included)
Stacks In Play Call
Prints (read and watch)
Standard Execution Keys instructions
Lightspeed Basics
An introduction to keyboard mapping
Setting up Sweep keys
Bid/Offer vs. Buy/Sell hotkeys (video is included)
Magic Charts Manual
Pyramid of Success
Proper Preparation (video is included)
Visualization (video is included)
Visualizing Goals with Dr. Steenbarger (video is included)
First Visualize Yourself Being Great (reading)
Hard Work and its example (read and watch)
SMB Webcast
Prints Close ONXX (example video)
Quiz
Day 2
An Unusual Hold on the Bid (video is included)
SMB Stocks in Play
Prints (bearish and bullish)
An Introduction to Tape reading by Bella
Reading the Tape (an example by Bella)
Patience (read and watch)
Compilation of held bids/offers, unusual holds (videos of 5 examples)
Stocks In Play checklist
Rehearse the Open (video)
Choosing the Right Stock for You (Stock Zone)

Coming back to bid and Big tested stock goes higher (video)
A Detailed Plan for Every Trade (video is included)
Everything you ever wanted to know about visualization and trading (Parts I,
II and III) with Bruce Bower
Example 2 Successful Trader (Visualization Exercise with Steve)
Unusual Hold on the bid- Apple 141.40 hold on the bid (video is included)
Unusual Hold on the Offer on the Open (video is included)
Quiz
Day 3
Inside Market/ Box (video is included)
SMB Scanner Tutorial
Inside market/Box (audio file is included)
Discipline (video file is included)
When Your Stock Hits Exit price
Reviewing Your Important Trades (audio and video files are included)
Breakout Intraday Price (video is included)
Importance volume (video attached)
Successful Trader (audio file is attached)
Socks in Play Examples (audio and video files are attached)
Finding Stocks In-Play with A. James (video)
Reading the Tape-Inside market CFC (video)
Day 4
The Corresponding Futures; Indicators (video) and Corresponding Futures
(video)
Patience (video)
Lion and Gazelle
Successful Trader, Our Fundamentals (audio file)
One Good Trade (audio, video)
Reasons to buy ( video)
Corresponding Futures TIF (video)
Intraday Levels
Intraday Support and Resistance Levels (video)
Day 5
AM Preparation (video)

Trading Patters on the Open

SMB Capital Visits Indiana University
Reasons to sell (audio and video)
Trade Review CTXS (example video)
Finding Stocks Intraday for the Close (audio and video)
Catalysts for a Stock (video file is attached)
Dopey Orders
GMAN and Order Entry - How to place your dopey orders (audio file)
Your Dopey Orders (video)
The Relaxation Response (audio and video)
Selling Pattern Recognition in EK (video)
Catalyst (video)
Day 6
The Big Picture
Frustrated Trader
Why hold a Stock against You? (audio)
Why hold it, Monkey? (video)
This isnt a County Club from Bella (audio)
Speed II
Successful Trader, Our Fundamentals (audio)
Doubling Down (audio and video)
The Profitability of Being Wrong
Bid tested twice but drops (video)
No Sales on the Offer (video)
Getting in and Out
Getting in and Out (Part I) (audio); Getting In & Out SMB Webcast (video)
Held Bid- Aggressive Seller (video)
Held Offer- Held offer FCX (video)
Day 7
Speed II
SMB Stocks in Play
Three Good Trades in CLDA
Getting in and out (Part II), (audio)
Big Bid hit Catalyst (video)
NYSE Open Book (audio and video)
Speed II

Successful Trader, Our Fundamentals (audio)

A Big Order (audio and video)
Program Finally holds the Bid (video)
Program has a Clean move in CCU (video)
SMB Webcast
A Big Bid Stepping Higher (video)
A Good Sale in GG (video)
Day 8
Speed II
The Trend is your Friend
Stocks In Play
Steps to Mastery
Unusual Hold on the Bid or Held Bid (audio)
Corresponding Futures (audio)
Inside Market/Box (audio)
Getting in Front of a Big Order (audio, video)
Sell Program ACN
I had my Worst Day Ever
Speed II
Eliminating that which Doesnt Work (audio, video)
Focus (audio, video)
Huge Sell Order IMCL (video)
SMB Webcast
Day 9
Speed II
RIMM all time highs (long bias) (video)
Using Your Trading Bias on the Open
SMB Stocks In Play
Stealing from Jim Fredetter
Free Money (audio)
Order Entry Exercises (audio& video)
Speed II
Maintaining Your Energy (audio, video)
Speed III (GMAN)
Stock Patterns BA (video)
Technical Analysis Part I

Technical Analysis Part I - Principles of Technical Analysis (video)

Free money LEH (video)
Stocks Getting Easier (video)
Technical Analysis Part II (Nighttime Reading)
Day 10
SMB Stocks In Play
Speed II
Stocks in Play
Hitting a Stock that Trades Against you (audio)
For if the Stock Trades in Your Favor (audio)
Setting Up your Charts
Technical Analysis Part II Basic Chart Settings (video)
Setting Up your Charts (classroom lecture)
Technical analysis with Brian Shannon (video)
Speed III
The Psychology of Sizing
Flipping; Flipping Example (audio & video)
Technical Breakout
SMB Webcast
Flipping Your Stock SLM
A Great Long Position (nighttime reading)
A Good Entry Point, a Very Good Entry Point, and a Great Entry Point
(nighttime reading)
Weekend Videos: Using Premarket Levels by Rosie;
Call outs on the Desk and Setting Alerts and Getting
Long by M. Sia;
Watching Corresponding Price of Crude by Sora;
Shorting Under Intraday Resistance Levels by John and
Alex.
Day 11
SMB Stocks In Play
Speed II
Rage the Master
Corey Rosenbloom at SMB
Traders Ask How Do You Use the Retracement High/Low
Speed III
Trading Day and Our Fundamentals (audio)

How to Grow a Super-Athlete

How to learn (video)
Alerts CPSL
AM Preparation (audio)
Alerts (video)
Where to set Your Alerts
Alerts with Mr. Spencer (audio)
SMB Webcast
Basic Chart Reading,
Technical Analysis Part III Chart Reading 101 (video)
Foreshadowing; A Traders Day (nighttime reading)
Examples on charts developing off the tape:
Example #1: dis unusual held bid
Example #2: ms holds the bid at support @ 29
Example #3: adi holds 24 for a long time
Day 12
Speed II
SMB Stocks In Play
Catalyst (audio)
Pattern Recognition
A Point of Clarification
A Stocks Pattern (audio)
Foreshadowing (audio& video)
Speed III
Trading Day and Our Fundamentals (audio)
Corresponding Futures Play
Basic Chart Reading (exercise )
A Lower High (video)
Big Bid Hit Catalyst in POZN (video)
A Traders Day (audio & video)
SMB Webcast
The Second Day BA (video)
Trades to Hold (nighttime reading)
Moving On (nighttime reading)
Learning From Other Trades on the Desk (nighttime reading)
Day 13

Speed III
SMB Stocks In Play
We are All So Different
Pattern Recognition (audio)
No Excuses
Moving On (audio & video)
Speed II
Trading Day and Our Fundamentals (audio)
Learning From Other Traders on the Desk
Communication on the Desk (video)
Speed III by (GMAN)
Price Action: Trends and Trading Ranges
Technical Analysis Part IV Price Action by Adam G. (video)
The Trend is Your Friend Papertrade and Demo
Important Intraday Levels Papertrade and Demo
Trades to Hold (audio& video)
SMB Webcast
Downtrend with buying on the bid (video)
Trades to Hold - IMCL Part I (video)
Trades to Hold - IMCL Part II (video)
Buying Back a Stock That You Have Just Sold (nighttime reading)
Getting Back into a Stock An Example (nighttime reading)
The Second Day (nighttime reading)
Day 14
Speed III
SMB Stocks In Play
Inside Mkt/Box, Prints and Corresponding Futures (audio)
Lets Get Ready to Rumble
Hitting a Stock that Trades Against you (audio)
For if the Stock Trades in Your Favor (audio)
Buying Back a Stock That You Have Just Sold (audio & video)
Speed III
Trading Day and Our Fundamentals (audio)
The Second Day (audio & video)
Getting in and out (audio)
The Four Basic Trades by Adam G.
The Trend is Your Friend Papertrade and Demo
Important Intraday Levels Papertrade and Demo
SMB Webcast

Downtrend Play in RIMM

Psychology of Trading (nighttime reading)
NYSE Open Book (nighttime reading)
The Close (nighttime reading)
Pre-market Trading (nighttime reading)
Mid-day Trading (nighttime reading)
The Dog Days of Summer (nighttime reading)
Day 15
Speed II
Stocks In Play
The weekend Review
Catalysts and a Stocks Pattern (audio)
Checks (audio & video)
SMB Trading Plays & Mentoring:
Sharing Your Work: Dropbox
Simulated Trading
Trader Analysis Sheet
SMB Playbook
Morning Ideas
Speed III
Trading Day and Our Fundamentals (audio)
Times of the Trading Day: Pre-market/Open, Midday, Close (audio&video)
Hitting a Stock that Trades Against you (audio)
For if the Stock Trades in Your Favor (audio)
Sharing Your Work with Your Mentor
Free $
Psychology of Trading
SMB Webcast
Psychology of Trading with Mr. Spencer(audio); Bella Psychology (video)
Held offer below support level (video)
Support drops short below (video)
Held bid drops but stronger (video)
SMB Psychology: There is Always a Lesson to be Learned (video)
Dropped Held Bid but Stronger Play (An example WFMI 40.15) (nighttime
reading)
Reread An Unusual Hold on the Bid (nighttime reading)
A Humongous Intraday Resistance Level (nighttime reading)
Support and Resistance Levels on the Open (nighttime reading)
Ways to Get Better (nighttime reading)

Weekend videos

SMB Trading Plays

Day 16
Speed II
SMB Stocks In Play
How to Be Successful
Pattern Recognition (audio)
Checks
Decrementing (audio&video)
Simulation Trading with Bella (video)
Speed III
Specific Trading Scenario
The Write Stuff
Trading Journal (video)
Fixed vs Growth Mindset (video)
Hitting a Stock that Trades Against you (audio)
For if the Stock Trades in Your Favor (audio)
Big Buyer at Support Level followed by an Upmove (video)
Dr. Steenbarger on Trading Journal
Free $
Support Play, Support Play 2
SMB Webcast
Support Play , 2 (audio); Support Play (video)
Technical support drops CFC 30 (video)
If/Then Statement Directions (nighttime reading)
New Trader Goals (nighttime reading)
A Range Play (nighttime reading)
A Range Play- An Example (KSS) (nighttime reading)
Playing a Range Breakout (nighttime reading)
Lowering Your Cost Basis (nighttime reading)
Funny Video on Trading your Bias (nighttime reading)
Day 17
Speed III
Using After Hours Levels

SMB Stocks In Play

Trading Knowledge to Trading Skill (video)
After Hours (video)
Trading is a game of Math
Speed III
Specific Trading Scenario (audio)
Focus (on what is important) (audio&video)
Pattern Recognition in STT (video)
Range Play Breakout in LEH (video)
Range Play (Boot Camp)
Range Plays (audio&video)
If/then Statements for Range Plays (audio)
SMB Webcast
Range Play on the Open
Mini Range Play
Apple Range Play
Eliminating What Doesn't Work (nighttime reading)
Fake Breakout (nighttime reading)
Getting a Stock that You Really Want (nighttime reading)
Day 18
Speed II
SMB Stocks In Play
Getting a Stock that You Really Want (audio&video)
Speed III
Specific Trading Scenario (audio)
Momentum Big Offer Taken (video)
Doubling up in MBT (video)
Consolidation Breakout (after gap-up on Strong Earnings) (video)
Breakout Trade, Breakout Trade Lecture 2
SMB Webcast
Breakout Trade, Breakout Trade Lecture 2 (video); Breakout Q&A (video)
Range play breakout (video)
Fake breakout (video)
Slow to Develop play (video)
Retail Buying (nighttime reading)
Buying on the Bid and Selling on the Offer (nighttime reading)
Breaking News on Stock or Market Play (nighttime reading)

Day 19
Speed III
SMB Stocks In Play
Sharing Your Work with Your Mentor
Breaking News on Stock or Market Play
Breaking News (video)
Momentum wfc by CMU (video)
Momentum Examples by MCL (video)
Momentum LEH by DLE (video)
Speed III
Specific Trading Scenario (audio)
One Good Trade (video)
An Example of a Momentum Trade (video)
Momentum FNM by Dov (video)
Momentum FNM by Gman (video)
Momentum MER by Scuba (video)
Momentum ADI (OGT) by ALJ (video)
Momentum Trading (video)
Momentum HK by DLE (video)
Momentum FNM by CMU (video)
SMB Webcast
An Intraday Comeback (Dont Call it a Comeback) (nighttime reading)
Earnings Season (nighttime reading)
Pattern Recognition- An Example (nighttime reading)
Day 20
Speed II
SMB Stocks In Play
An Intraday Comeback (audio& video)
Speed III
Specific Trading Scenario (audio)
Earnings Season (video)
Pattern Recognition Trading Plays (Boot Camp)
SMB Webcast
Pattern Recognition Trading Plays
Audio Lecture # 2 (audio)

Paying for Information (nighttime reading)

An Explosive Move-GME (nighttime reading)
How to Play a Stock Bounce (nighttime reading)
How to Play a Futures or Market bounce Finding a Bottom-An Example
(HANS) (nighttime reading)
Developing a Detailed Trading Plan in the AM (nighttime reading)
Weekend videos:
Shorting After a Pullback by JJ and JP
Trading a Follow Through by Mike and Pat
An Upmove by Beyda and Making Sure Your Stock is in Play by John
Getting In Front of a Big Bid by Steve
Day 21
Speed II
SMB Stocks In Play
SMB Pre-Market Mental Preparation, watch: SMB Pre-Market Mental
Preparation
Paying for Information (audio&video)
Seeing the Tape from the Charts
Adding Probability to Chart Plays
Speed III
Specific Trading Scenario (audio)
An Explosive Move
An Explosive Move-GME (audio)
An Explosive Move (video)
Different Lots, Different Plans
LMT How to Add to Your Position (video)
Strong Stock Short Term Overbought (video)
Hold on the Open PDLI (video)
Uptrend Plays, Buying into a Pullback
Uptrend Lecture (video)
SMB Webcast
Uptrend Plays, Buying into a Pullback
Positive Self Talk (nighttime reading)
A Big Offer Stepping down and Then Lifting (nighttime reading)
Quiz

Day 22

Speed III
SMB Stocks In Play
Pattern Recognition Plays (audio)
Trading Lesson of the Week AMLN (video)
SMB Radar
Proper Execution of Scalp Plays
Quiz: Proper Execution of Scalp Plays
Speed III
Specific Trading Scenario (audio)
Positive Self Talk (audio & video)
Proper Execution of Trade2Hold Plays
Quiz: Proper Execution of Trade2Hold Plays
Lower High/Higher Low, Opening Range
Higher Low/Lower High (video)
Climax Reversal CRM (video)
SMB Webcast
Lower High/Higher Low (audio)
Guest Speaker Josh Brown (video)
Taking a Rip (nighttime reading)
Anatomy of a Disaster (nighttime reading)
A Lower High (nighttime reading)
Day 23
Speed III
SMB Stocks In Play
Risk Seminar (audio&video)
Speed III
Specific Trading Scenario (audio)
Your Order Ready to Pay Through a Level
Better Stop Prices
Can a Smaller Stop Carry More Risk Than a Large Stop
Hit Weak Stock through its Support (video)
Big Prints Lower (video)
Consolidation, Flag Patterns
SMB Webcast
Consolidation Pattern (audio)
Consolidation (video)
Flag Pattern (audio&video)
Flag Pattern in WSM (video)
Stocks with which you Struggle (nighttime reading)

Day 24
Speed III
SMB Stocks In Play
Stocks with which you Struggle (audio&video)
Choosing a Basket of Stocks
Improving Our Performance By Watching (video)
Speed III
Specific Trading Scenario and Our Fundamentals (audio)
Taking a Rip (audio&video)
Screen Recorder
Sports Center - The Tape (video)
Thinking Like the Big Player
Thinking Like the Big Player in SVNT (video)
Always Analyzing your Positions
ELN Always Thinking (video)
Plays that you Need to Be In
SMB Webcast
Behavior on Our Desk
Trades2Hold by Scuba Steve (video)
Trades2Hold of the Week of January 4th 2010 (video)
Trades2Hold of the Week of March 1st 2010 (video)
Trades2Hold of the Week of April 12th 2010 (video)
Confidence (nighttime reading)
Trading as Mental Warfare (nighttime reading)
Hunt Orders- An Example (CEPH) (nighttime reading)
Day 25
Speed III
SMB Stocks In Play
Hunt Orders
Hunt Orders - An Example in CEPH
Hunt Orders (video)
Small Hunt Order in SVNT (video)
Hunt Order HOT at 63.5 (video)
Quiz: Test your Knowledge on White Prints and Hunt Orders
Speed III

Specific Trading Scenario and Our Fundamentals (audio)

GMAN's Chop Tracker (instructions for LS)
Gman's Chop Tracker Tutorial (video)
White Prints (video)
Combinatorial Explosion (video)
Sharing Information
Hunt Order NKE (video)
SMB Webcast
A Fade Trade-An Example (RSH) (nighttime reading)
Download & Install GMAN Trade Analysis (nighttime reading)
Emotion Free Trading If/Then Statements (nighttime reading)
Important Questions Before Each Trade (nighttime reading)