Trading Like an Alien
Dear Traders,
Brian and I recently visited Louisiana, New Orleans, where we met Jarad and several other members who flew in from across the country for a meetup. It was an amazing weekend spent together. The last time I saw Jarad was back in the summer of 2023 at the NYC meetup and summit, so I was excited to catch up.
We explored some great hotels, hit up jazz bars, partied hard on Bourbon Street, and even traveled to nearby swamps to see alligators in their natural habitat.
I hope many of our traders can make it to next year’s summit, where we’ll be adding a day focused on TEDx Peak Performance and Mental Resilience.
We’ve secured an incredible rate at the 5-star Paradox Hotel for only USD $199 per night for our members, with the event taking place from March 28-31, 2025.
As mentioned, we’ll be starting the summit with a TEDx event, followed by our own summit. We’re currently reaching out to top researchers and speakers who can share their knowledge on how to stay positive, productive, in peak performance mode, and mentally resilient. Although mega influencers like Prof G have asked for over $150,000 in speaking fees, we’re still hopeful to bring together an amazing roster of speakers. Stay tuned!
Today, Brian and I traded with our costumes on—me with my Alien hat from New Orleans, and Brian, like the bandit he is, wore his pirate hat.
It was a great day, as the Producer Price Index (PPI) dropped more than expected. Now, all eyes are on the Federal Reserve, as it seems inflation is under control, and they may need to cut rates more aggressively to avoid a recession.
The job report data is now more valuable than inflation numbers. That said, we have the inflation report coming up on Wednesday, August 14, which could bring volatility back to the markets.
It’s been a week since a global mini-panic sent markets tumbling, creating so many day trading opportunities. With the dust now settled and the breathless headlines behind us, equities have nearly recovered what they lost.
Wednesday will be important with the release of the CPI (inflation) data, which could move the markets either way. Earnings season is still in full swing, and market volatility has been unprecedented in recent years.
Our $50,000 funded trading accounts are performing better than ever, turning small accounts of only $12,500 into over $70,000 in just a few weeks. Traders are taking all the profit out.
The Peak Capital bootcamp also ended, and I’m in the process of paying out profitable traders. The next bootcamp starts on September 3, 2024, and we already have 64 traders committed.
The bootcamp includes a $50K funded trading account, 3 months of mentorship with our senior traders, TradeBook building strategy sessions, and access to special classes by Thor on VPA and Avi on options day trading based on 30-minute charts.
We have a few spots available, so if you’d like to join, make sure to secure your spot.
Join PCT Bootcamp Here
Part of the recent volatility is due to money flowing back to the US. I read in Bloomberg that foreign investors pulled a record amount of money from China last quarter, likely reflecting deep pessimism about the world’s second-largest economy.
Should the decline continue for the rest of the year, it would be the first annual net outflow since at least 1990. Foreign investment in China has slumped in recent years after hitting a record $344 billion in 2021.
The slowdown in the economy and rising geopolitical tensions have led some companies to reduce their exposure, and the rapid shift to electric vehicles in China has also caught foreign car firms off guard, prompting some to withdraw or scale back their investments.
Lastly, Tonight is our Tuesday Strategy & TradeBook Webinar, and we’re excited to have Thor Young presenting. As traders, it’s crucial to develop a trading system with a positive expectancy, manage risk effectively, and stick to your plan. Thor offers a system that addresses these essential aspects of trading.
In this session, Thor will explore practical strategies and tools for managing risk in day trading. He’ll cover how to set clear risk parameters, including position sizing, stop-loss orders, and understanding hit probabilities. By the end of the webinar, you’ll have a solid grasp of risk management techniques to protect your capital and boost your trading success.
To your success,
Andrew Aziz
