Dear Traders,Zuckerberg is in a bad mood these days. His company is now worth almost the same as it was worth in 2015, trading at around $100 per share. META is down nearly 75% from its highs of $380 per share in the summer of...
Dear Traders,President Xi Jinping of China solidified his leadership over the weekend at the 20th National Congress of the Chinese Communist Party. The Hang Seng China Enterprises Index, a gauge of Chinese stocks listed in Hong Kong, saw its biggest decline after any Communist Party...
Dear Traders,It is a difficult time for many social media users. Snap missed big earnings again and has plunged over 35%. META, the parent company of FB, Instagram, and WhatsApp, is also trading lower, back down to its 2017 levels. Today, my trading included some...
Dear Traders,What a crazy market! 2022 has been a tough year to trade in for almost everyone, including me. If your spouse or partner asks about your 2022 trading results, show them this tweet of mine.Today, I started trading with some bad results on TSLA,...
Dear Traders,NFLX surprised everyone! A business that everyone thought was dying instead added 2.5m new subscribers and surged over 14% today. I traded it nicely; Brian lost on it. You can watch our recap here. The Bear Bull Traders leadership team recorded this video for you...
Measuring Trading Performance So how did your trading go today? And how does that compare with yesterday and every day last week and last month?Some traders would answer those questions in terms of dollars gained and dollars lost. Others would measure their performance in percentages. Some...
Dear Traders,The market has given us another crazy and volatile day. What a day to be a trader! The market gapped up and traded stronger, and I personally traded TSLA, TQQQ, and AMD. Brian took TQQQ and RBLX successfully. You can watch our recap here. Amazing...
Dear Traders,The inflation report for September has come in and it indicates that inflation last month was hotter than expected (albeit hot inflation is not really news anymore). The market gapped down significantly, over 2%, and everyone was anticipating a big meltdown again, but the...
Rule 1: Day trading is not a strategy to get rich quickly. Day trading looks deceptively easy, so one of the most important lessons you can learn, regardless of your level of experience, is that you will not get rich quickly by trading. It is not...
Dear Traders, The market continues to be volatile, but choppy, meaning volatile and directionless moves. Today, I had a very nice short on TSLA and then flipped the position on long and profited both ways. I then experienced a series of small losses on TQQQ, AMD,...
An often neglected or disregarded aspect of trading is the development of a proper ābusiness planā. Do not get this confused though with your daily trading plan (the āif-thenā statements you develop each trading day) and what I will soon be describing as your trading...
Dear Traders,The market is experiencing another volatile day. It sold off heavily at the Open, but bounced back around lunch time. As I am writing these words, the market is almost flat, but who knows how it will end. I suffered a heavy loss trading a...
Dear Traders,What a crazy and volatile market to trade in. We have just learned that the US economy created 263,000 jobs in September. Not only that, but the unemployment rate also fell further, down to 3.5%, while expectations were for it to remain at 3.7%....
Dear Traders,Today is the day that weekly jobless claim numbers in the US are released. Analysts are expecting a reading of 204K, after last week's surprisingly strong 193K print. The weekly claims report is an important datapoint these days. After last week's strong numbers, stocks...
A large volume of professional literature has been published on the benefits of journaling, particularly in the fields of mental health and psychology. Not unlike the lockable diaries that children and adolescents in earlier times hid under their mattresses, journals are a way of recording...
Dear Traders,What a day to be alive! Elon Musk is making news these days over Tesla and Twitter. The figures that were released on the weekend regarding Teslaās third quarter car sales missed analystsā expectations, leading Tesla to sell off by over 10%. Elon Musk...
I recently releasedĀ a video aboutĀ one of my favourite leveraged ETFs: TQQQ, which seeks aĀ Ā return that is 3x the return of its underlying benchmark for a single day, and want to share some information with you about these attractive but potentially explosive products. To begin with,...
Dear Traders, First and foremost, my thoughts and prayers are with those who have been affected by Ian. Ian, now once again a hurricane, is threatening to carve a new path of destruction through South Carolina on Friday when it roars ashore north of Charleston.After a...
Dear Traders, President Ronald Reagan once said that the ānine most terrifying words in the English language are: Iām from the Government, and Iām here to help.ā I do not think any investors these days are really in agreement with that sentiment. Financial markets are blowing...
An electronic online trading platform is a computer software program that is used to place orders for day trading. A trading platform is different from direct-access brokers themselves, but I often see traders confusing these two as one. The trading platform sends and places your order...