The Playbook Pdf Mike Bellafiore -
Guide: The Playbook (Mike Bellafiore)
Overview
The Playbook by Mike Bellafiore is a collection of trading setups, rules, and process-driven routines used by the SMB Capital traders. This guide condenses its core principles into actionable routines, trade management rules, and daily habits you can adopt.
- Base size S0 from max acceptable dollar risk per trade (e.g., 0.5–1% equity).
- Increase size only after a verified performance window (e.g., 2–3 months or X consecutive positive expectancy tests) and maintain same execution quality.
- Use step-up caps: raise size by ≤25% after meeting criteria; cap daily and total exposure.
Analyzing order flow and Level II data to refine entries and exits. Intuition: the playbook pdf mike bellafiore
- Check overnight futures (YM, NQ, ES).
- Identify 3–5 gappers.
- Note pre-market high/low.
- Locate the prior day’s VWAP.
- Identify correlated sectors (XLF, XLE, etc.).
- Review economic news.
- Write down your "If-Then" plans.
- Set price alerts.
The book uses real-world examples from the SMB Capital trading floor, featuring specific traders who embody different lessons: About Us - SMB Capital Guide: The Playbook (Mike Bellafiore) Overview The Playbook