Next Class Starts In:
Online Live Classroom and Mentorship Sessions and 24/7 Access to Recordings
Many people would like to learn trading, but often don’t know where to start, or they start by making some very dangerous mistakes. New traders may start with the wrong trading platform: a software or platform that does not support Hotkeys or that does not have access to real time Nasdaq data. They cannot get in and out of trades quickly and they lose money, and wonder how experienced traders can be trading so fast.
Many new traders use platforms or brokers that do not offer them important trading indicators such as the Volume Weighted Average Price or VWAP. They lose their money because they cannot analyze the market properly during the day.
Some traders start trading alone in their home office and do not seek any support from a mentor or a community of traders. They do not know where to ask their questions. The emotional pressure of trading will overwhelm them and eventually they are forced to give up their dream.
Often people start trading with real money from day 1, without any previous practice in simulators. They take a bad loss and lose all of their hard-earned family savings. They take a large position on a very volatile stock and blow up their account (meaning lose it all), because they did not practice proper entry, stop loss, and position sizing in a simulator. They have to say good-bye to trading before they even have a chance to grasp its potential.
Our founder, Andrew personally lost thousands of dollars because of a lack of these: a systematic education, practice in a simulator and the support of a like-minded community at the beginning of his trading career. One of the reasons he launched BearBullTraders is to help you not to suffer the same brutal experiences that he did.
Remember: There is more than one way to learn trading, and there is definitely more than one correct way. The following is our suggested approach for starting a career in day trading. You may of course find different but equally correct ways to learn trading from others.
What makes Bear Bull Traders different?
We believe day trading is a very serious and challenging career path. It is not for everyone, and interested traders should practice trading in simulators for several months before beginning to trade with a live account. Unfortunately, trading has been advertised as an easy way to attain financial freedom and change one’s life. Although there is great potential for success in trading, achieving that success requires practice, determination and, most importantly, a level of resilience and persistence that the majority of people interested in trading may underestimate.
We focus on the community aspect of trading in order to allow traders to learn from each other. Although we teach some well-known strategies, we by no means advertise them as a PROVEN or EASY-TO-FOLLOW path to success. Our training program is meant to be the first step, and traders need to work hard to learn new strategies and then adapt them to ever-changing market conditions, as well as to learn and understand the concepts of risk management and sound psychology. The latter is why we have developed Psychology Training Modules as part of our Education Center.
Our membership is not cheap, but we are priced at the low end of the trading education spectrum, although we know the value found in our membership is worth considerably more. We believe traders should save their money in order to survive the early losses that they will undoubtedly suffer. A very expensive trading course will most likely not be useful if it stretches your budget in a way that leaves you unable to afford the inevitable losses that you as a new trader will face. If proper risk management strategies have been learned in advance, these early losses should be small, and they should be considered a component of the tuition that the market demands to be paid as part of a new trader’s learning curve.
We offer a “no questions asked” refund policy because we believe trading is not for everyone. After a few weeks of studying and practice, you may reach the conclusion that trading is not suitable for you at this time. We understand that does happen to people, and we show our appreciation for your time and effort by offering a full refund. To our surprise, no one has yet to abuse this policy, and we receive very few genuine refund requests.
Can I trade the US stock market if I am not living in the US?
Yes, most likely. Many US-based or international brokers will open trading accounts for international traders and they can then trade in the US stock market. We recommend that you take a look at the TRADING TOOLS section of our website and enquire about the possibility of opening an account with the brokers mentioned there.
We actually have a number of members in our community who are from outside of North America. Members who live in Europe or Asia have an advantage in trading US equities due to the time difference. Being a number of hours ahead or behind of the New York time zone allows for members in Europe and Asia, and other parts of the world, to be able to work a day job and also trade, since the majority of the volatility and thus the best trading opportunities take place between 9:30AM and 11AM New York time. That time is either in the afternoon or evening for people living in European and Asian time zones.
We are often asked about utilizing our strategies and techniques in stock markets outside of the US. We have not tested these strategies outside of US markets, so it’s not possible for us to determine the success or profitability of the strategies on different exchanges. We generally recommend day trading only in the US markets though as they have the highest liquidity and volatility compared to smaller markets in other countries.
Since we have several international members in our community, we encourage all prospective members to have a look through our forums in order to get a sense of where our members trade from. We also encourage members to reach out to each other via the forum to coordinate meetup events as well as to keep in touch.
If you have any additional questions about becoming an international member of our community, please send an email to [email protected]
Next Class Starts In:
Our Education Center:
Any videos that are linked are accessible on YouTube for free. We encourage you to check them out!
|How to Avoid ECN Fees by using Hotkeys||In this Video, Carlos explains how you can use hotkeys to place limit orders on the ask/bid to avoid paying additional ECN fees.||05:19|
|The Anatomy of a 2 minute ORB||In this video, William H discusses how to catch a perfect 2 minute ORB setup||07:45|
|The Anatomy of a Reversal||In this video, William H discusses his techniques for trading a reversal and what to look for across multiple time frames.||11:40|
|How to Configure Charts in DAS Trader Pro||In this video, Robert talks about how to setup and configure different chart types in DAS Trader Pro.||10:54|
|How to Create a Pre-market Gapper Scanner in DAS||In this video, member Romeo shows us how to create a scanner in DAS that allows him to see the various pre-market gappers. This is especially helpful for those that do not have a Trade Ideas subscription.||18:29|
|When to Look at SPY (Market) If We Trade Stocks in Play||In this video, Andrew discusses when to look at the SPY while trading other stocks to get an idea as to what the stock may do.||05:44|
|DAS Trader Pro Features||In this video, you will learn more about some of the frequently used features in DAS, including: Global Trendlines, Pricemarker Studies, Market Open/Close Indicator, Zoom.||06:49|
|DAS Trader Pro Risk Controls||Learn how to set up Risk Controls in DAS Trader Pro. Risk Controls enforce limitations such as maximum daily loss, maximum shares traded per day, etc.||06:19|
|Understanding and Setting Up DAS||An introduction to the DAS platform including information on how to set up and configure various settings.||14:22|
|How to Create a New Scanner in Trade Ideas||Learn how to create a new scan (in this example, 5 and 15 minute Opening Range Breakouts) and follow along with a step-by-step guide to changing the configurations in Trade Ideas.||18:30|
|Understanding NASDAQ Level 2 Signals||Andrew discusses a Level 2 signal he observed during his live trading.||15:51|
|How to Create Multiple Montage Windows and Hotkey Buttons in DAS Level 2||Learn how to create multiple Montage Windows as well as how to create Hotkey buttons in newly added DAS Montage Level 2 windows.||12:10|
William H’s Trade Review with Chatroom Members
Every Tuesday and Thursday, William H goes over member’s trades live in the chatroom.
|Class 1: How to Trade in Simulator and Introduction to DAS||Learn what to expect from simulator trading and how to correctly set up your DAS platform.||54:40|
|Class 2: How to Find Stocks in Play and Support and Resistance Levels||Learn how to find Stocks in Play to watch based on Gappers and pre-market activity, as well as how to find and plot support and resistance levels on your charts.||1:06:43|
|Class 3: Orders, Level 2, Candlesticks, Price Action, Trade Management||Learn about orders, Level 2, price action, trade management and using candlesticks for day trading.||57:22|
|Class 4: Day Trading Strategies and Examples||Learn important day trading strategies: ABCD Patterns, Opening Range Breakouts, VWAP Reversals, VWAP False Breakouts, VWAP Moving Average Trends||1:22:59|
|Class 5.2: Mechanical Risk Management||In Class 5, William H discusses mechanical risk mitigation such as having a battery back-up and the Mobile App for your broker.||07:35|
|Class 5: Risk Management||Learn about some essential risk management strategies and concepts.||20:11|
|How to Place a Stop Loss in DAS||Learn how to set up a stop loss in DAS for an open position.||08:23|
|How to Place Both a Stop Loss and Profit Target in DAS||Learn how to place a stop loss order and profit target with a stop range order.||07:30|
|Averaging Down vs. Adding More in a Pull Back||Learn the difference between “averaging down” and “adding more on a pullback”.||17:53|
|Understanding Order Flow and Time and Sales||Learn how to use Time and Sales and what information can be gleaned from it.||05:55|
|Bearish Engulfing Crack Strategy||Robert H discusses the Bearish Engulfing Crack strategy and how to trade it.||12:51|
|P&L Calculator||In this video member David discusses the P&L Calculator that he created.||08:49|
|How to Create HotKey Buttons on the DAS Montage Level 2 Window||In this video, I teach you how to create multiple Montage Window and how to create hotkey buttons on newly added DAS Montage Level 2 windows.||12:10|
|Download: Andrew’s Trade Ideas Scanners and Settings||Download a document with the breakdown of all of the different Trade Ideas settings and Trade Ideas scans that Andrew uses.||—|
|Download: Andrew’s DAS Trader Pro Layout and Hotkeys||Download Andrew’s DAS Trader Pro Layout and Hotkeys files.||—|
|Pilot Episode: Patience and Perspective (Pilot)||Robert H discusses the psychological and emotional aspects of day trading. Pilot Episode: Patience and Perspective.||15:30|
|Episode 2: Emotions and Trading||Robert H discusses the psychological and emotional aspects of day trading. Episode 2: Emotions and Trading.||18:48|
|Episode 3: Addiction, Rehab and Relapse||Robert H discusses the psychological and emotional aspects of day trading. Episode 3: Addiction, Rehab and Relapse.||36:20|
|Episode 4: Peak Regression||Robert H discusses the psychological and emotional aspects of day trading. Episode 4: Peak Regression||13:06|
|Episode 5: Peak Performance||Robert H discusses the psychological and emotional aspects of day trading. Episode 5: Peak Performance||27:09|
|Episode 6: Perseverance and Failure||Robert H discusses the psychological and emotional aspects of day trading. Episode 6: Perseverance and Failure||36:41|
|Episode 7: Breaking Rules||Robert H discusses the psychological and emotional aspects of day trading. Episode 7: Breaking Rules||24:12|
|One Trader’s Journey||Robert H discusses his journey of overcoming the steep learning curve in trading as well as conquering his biggest trading challenge: himself.||42:41|
Trade Management and Live Trade Examples
|Live Trade: Trading $JD and Reading Level 2 (TotalView)||In this video, Andrew does a live trade on $JD and discusses using Level 2 (NASDAQ TotalView) for day trading.||11:14|
|Live Trade: Trade Management on $NTNX||In this video, Andrew discusses his trade on $NTNX. He discusses his risk management and trade management.||08:39|
|Live Trade: $DSW||Carlos discusses his trade on $DSW.||4:47|
|Live Trade: Risk Management and Adding on the Pull Back||In this video, Andrew discusses Risk Management and walks through a Pull Back trade in $AMD.||9:00|
|Live Trade: Risk Management on $SQ||Andrew discusses his risk management on $SQ||4:49|
|Live Trade: $PYPL||William discusses his trade on $PYPL and the strategies he used||7:27|
|Live Trade: $AMD||Andrew discusses his thought process and trading on $AMD||17:43|
|Peter D: Sizing your Trade||In this Podcast, Peter D discusses how to properly size your trade and how you can calculate the correct size based on your account size and risk.||27:49|
|Carlos M: Getting Over a Losing Streak||In this Podcast, Carlos M talks about getting over a losing streak and the psychology involved with taking losses.||29:15|
|Carlos M: Trading a Small Account (CMEG)||In this Podcast, Carlos M talks about how to trade a small account and using the CMEG broker to trade.||50:22|
|Robert H: Preserving Emotional Capital||In this Podcast by Robert H he discusses Preserving Emotional Capital and the following subjects:
The dangers of Hulk Days
Locking in Risk Controls
Preserving emotional capital and confidence
Maintaining self-trust and self-integrity
Boom and bust cycles of day trading
|Robert H: Thinking in Probabilities||In this Podcast Robert H discusses the following topics:
Thinking in probabilities
Trading like a casino
Trading well vs. making money
Price action moving in waves
Bagholding: the real account killers
Swing Trading Ideas and Resources
In these videos, Brian Pezim discusses his swing trade ideas for the upcoming week as well as what he is watching. He also spends an hour every Monday answering questions about swing trading and talking about swing trades in our chatroom.