US Economy Slowing Down

Dear Traders, In the past few days, I have learned so many lessons from Mother Nature, and I have had the opportunity to reflect much on my life. Camping at Mera Peak, beside the icefalls, has been a beautiful and unforgettable experience. Looking at the campsite, you can see that we are at the edge … Read more

Tomorrow is Push for Summit

Dear Traders, I miss trading with you all! But here is a very exciting update on my Mount Everest hike so far: The other day I flew to Lukla, which is at 2,800 m (9,200 ft), and stayed there for one night, and then I flew to a small village in the Mahakali Zone named Khar, … Read more

Most Dangerous Airport on Earth!

Dear Traders,  Hello from Nepal!  I have landed at the most dangerous airport in the world! Lukla Airport is located between the mountains and is called “the most dangerous airport in the world”. The reason being is its geographical location. Lukla’s airport is on a mountainside, at an altitude of 2,830 meters (9,285 feet), and … Read more

My Mount Everest Journey Begins

Dear Traders,  Thank you so much to everyone who joined my farewell social yesterday and wished me luck! It was heartwarming to see so many of your faces, to chat with you, and to receive so many positive vibes. Today, right after my morning trade, I left the Vancouver office for the airport to catch … Read more

Elon Musk Misery is Our Fortune!

Dear Traders, Elon Musk is having a bad day. At his favorite number, 4/20, his Tesla stock is down 10%, his net worth is shrinking, and his SpaceX Starship exploded a few seconds after launch. Just about a year ago, he was Time’s Person of the Year, but now he is stuck with his Twitter … Read more

Netflix’ Wild Ride

Dear Traders, The earnings season continues the volatility for us, and as I am writing this newsletter, Netflix’ after-hours price is having a wild ride due to the release of their earnings. Once again, the stock market closed flat today, but it did offer a series of volatile moves on some of the familiar names … Read more

Mount Everest Virtual Farewell

Dear Traders, We are officially kicking off the earnings season today, with some big names reporting this week. The Trading Terminal Calendar has a list of all upcoming earnings releases and, as you can see, the big ones this week are Netflix and Tesla. Today, the market was volatile but kind of flat. NVDA gave … Read more

3 Day Trading Strategies With Level 2 Signals

Hello Traders, It is official, the earnings season officially started today with major banks and hedge funds reporting their earnings. JPMorgan Chase nailed their earnings and surged over 7%. I traded JPM with 3 trading strategies: ORB, ABCD Pattern, and 9/20 trade We had some solid trading from Brian this morning on Apple and Tesla … Read more

Can Day Trading Really Be Profitable?

Dear Traders, Happy Inflation Report Day!  First and foremost, my friend, colleague, and quant, Carlo Zarattini and I have published a paper together on the long-term profitability of the Opening Range Breakout. We would love the trading community to read it and let us know what you think. You can follow Carlo at his Twitter. … Read more

Is the Housing Marketing Going to Collapse?

Hello Traders, Happy Tuesday! I hope everyone is trading green! With the first quarter finishing up, many of our traders have been posting their quarterly results. Megan posted her Q1 results and they are astonishing! She is up over 256% in her options trading account in the past 3 months! That means she has quadrupled … Read more

Nasdaq Bull Trap

Hello Traders, I hope you are well and have had a green trading day! This morning, I was able to trade and get some nice moves on $TSLA. Over the past few days, where I missed most of the trading day, I was climbing one of the tallest mountains in Bolivia. Below you can see … Read more

Nasdaq and I Are Going to High Altitudes!

Hello Traders, Are we back in a new bull market? This is the question everyone is asking. The bulls are taking a victory lap, while the bears are scratching their heads, wondering why the market is going up with all the bad news on the way! In yesterday’s newsletter, I wrote about how Dr. Burry … Read more

The Seesaw Market

Hello Traders, Welcome to the second quarter of 2023. As I am writing you this newsletter, I am on my way to Huayna Potosi mountain. Surrounded by other very high mountains and roughly 15 miles (24 km) north of La Paz, the capital of Bolivia, this mountain is the most popular climb in Bolivia. I … Read more

End of Q1 2023 and Market is Sinking

Hello Traders, I hope you are having a safe trading day. We are in the final days of the first quarter of 2023. How have you been doing in the first 90 days of the year? Are you on track with your personal and financial goals? Usually, the first 90 days can give you a … Read more

Dr. Burry Was Wrong!

Hello Traders, I hope you are well and have had a good trading day so far! I am sorry that I missed the Open this morning. I was in Whistler, trying to catch the last ski of the season. I heard Paras and Brian had some amazing trading, with Paras taking a very nice long … Read more

Hot Market News & My Bedroom’s Photo!

Dear Traders, Today, Ardi and I had an amazing discussion with one of the best traders out there, John Carter, author of Mastering the Trade. It was a great discussion, and we will publish the video of it this week. You do not want to miss this discussion. I am happy to report that John … Read more

Fix inflation or hurt banks? Trade idea on TLT

Dear Traders, The turmoil in the banking industry continued last week. It started with the rescue of 166-year-old Credit Suisse by its bigger Swiss rival, UBS. Then there was First Republic Bank. Silicon Valley Bank’s leftovers were picked over by First Citizens. Then Deutsche Bank’s shares slid as European investors shifted out of banking shares … Read more