We are seeing a crazy market these days. Airlines are selling off and marijuana companies are ripping higher. The market is telling us this: people do not travel anymore but they do smoke pot! All jokes aside, this week we had an amazing presentation from one of our members, John Hiltz. His talk was entitled: Insights from A Newly Successful Trader. He shared an amazing and inspiring story with us on how when he began trading...
Dear traders: I have a few important announcements to make about our community. The first is concerning tonightâs Success Webinar by our very own Mike Baehr. As you all may have heard several times in our community, trading is a serious business and it needs to be treated as such. Every new business or venture requires a plan or a roadmap that sets out the various stages which will lead to success. Trading is just like any...
On Thursday, April 23, 2020, at around 4:15 pm ET, my phone rang and I saw a California number on it. I picked up the phone, thinking that maybe one of my family members who lives in the state was calling me. No, it was the friend of a friend. My friend, who lives in LA, had introduced us a few night ago, because this person wanted to get some trade ideas from me. He has...
Dear traders, I trust you and your family are doing well during these uncertain times. This unprecedented season is challenging for all of us, but I know with all of my heart that we will pass through them much better if we stay strong and maintain a positive perspective. Each day I see in the news stories of people coming together to help each other be safe and healthy. Iâm sure you come across these kinds...
Dear traders, This week I will be in New Zealand. I invite all of you to join next weekâs Success Webinar (February 12th) with distinguished guest Mike Bellafiore, co-founder of SMB Capital, a top proprietary trading firm in New York City. Mike has authored several best-selling books including One Good Trade and The Playbook: An Inside Look at How to Think Like A Professional Trader. His new book, âHow to Become a 7 Figure Traderâ, part of...
I hope you are all doing well and ready for the week ahead. As some of you know, on Friday I took a 5-min opening range break out trade on $BIG from Chile and posted my recap. Unfortunately, the internet connection in Chile where I was trading wasnât strong enough for me to be on the microphone and explain my thought process during that trade. The trade was unique in its own way because many...
Hello Traders, I hope everyoneâs week is off to a good start. We just had our second biggest meetup ever (after our September 2019 New York City meetup with Dr. Brett Steenbarger). This time we were in beautiful Clearwater Beach, Florida. Over 60 traders, many accompanied by their families, joined us for an evening of socializing and getting to know each other! We had traders traveling from Washington State, Montana, Texas, North Carolina, South Carolina, and...
Hello traders, As you may recall, I am in China right now, experiencing one of the most incredible mountain races in the world: the Four Sisters Ultra on Mt. Siguniang. Mt. Siguniang, in Sichuan Province, is the highest mountain in Western China. This area is known as the "Chinese Alps", and I can confirm there is some beautiful scenery here, including alpine meadows and murmuring streams. I participated in the 35km race and finished it in 7...
The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds "view the economy as being strong but susceptible to shocks, particularly from a global slowdown, trade and geopolitics like a potentially messy Brexit." The market did not like that attitude one bit and SPY (the ETF that generally shows market direction)...
Hello traders, I just wanted to let you know that I will be traveling for the remainder of this week and I won't be trading, but I will return on Tuesday, September 3rd. But don't worry, we have the chatroom covered with some of our incredible mods who will trade live and answer any questions you have! I also wanted to share with you how great the market was today. Volatility is amazing, thanks to the trade...