SMB Capital reviews

Growing firm in the day trading world. Some 7 figure traders with solid strategies. Some traders are consistently earning 6 figures month over month which is nice to learn from. Great use of KTG technology. (the parent company of SMB) KTG has really strong indicators and smart technology that allows you to trade rebalances and imbalances which most firms technology does not allow. KTG supplies all the capital and technology which is a big step up from the SMB tools, they sell to the general public. Firm is moving in the right direction as they are starting to hire more quants. The firm has a product called cloudquant that allows you to trade black boxes.

I have to say that many reviews of SMB are just downright, 100% wrong. I came to this firm in 2015 as part of a hired class. SMB gave me an opportunity to develop into a great equities intraday trader, which I did not successfully accomplish during my time there. I was surrounded by a number of very successful traders (P/L is openly shared on the desk through our blotters, so I know what many people were making), and I was even paired up with a mentor. I simply could not overcome my own self and master intraday equities trading. SMB has a great culture of working hard to get better as a trader and as a person each and every day. It's not just some slogan they use, it's a real culture. I will always look back and wish I could have been successful there. I had every opportunity to go in the direction I wanted - whether that be scalping, algorithmic models, intraday position trading, news plays, stocks in play, low float biotechs, etc. The firm really gives traders all the resources and technology - it's just up to the trader to find their niche and excel. In fact, I could have simply copied trades from the more successful traders at first, and built up some success. In hindsight, I should have had a much smaller ego and done more of this. I was stubborn in my ways and kept forcing the way of trading that I thought was best - and that was clearly the wrong way to approach things. SMB provides a fair profit split, and reasonable desk fees (which are very low for newer traders to give them a better chance at not getting eaten up in fees). In essence, what I'm saying is that even though I was let go from this firm, I really do not fault them for it. They gave me the seat, the capital, the technology, the coaching, and I fully accept the responsibility of me not achieving greatness there. I think too many people don't make it as a trader at a prop firm, and then go off and talk really poorly about the firm as a means of removing that responsibility from themselves.