Dear Traders,This morning, I had another trading loss because of choppiness in NVDA. Brian had a much better morning than I did, as his $200 Netflix puts expired today and he made literally tons of profit. You can watch the recap that Brian and I posted here. Thankfully, my trade in Tesla was better, and that made me some profit. Economic News Headlines The market sold off for the last two days, primarily because of a very...

Dear Traders,This morning, all of the Stocks in Play started off very slow and it did not look like it was going to be a volatile day, but then the market overall and the semiconductor sector in particular began a huge rally and, as of the time of writing this newsletter, QQQ and IWM are up over 1.5%. Brian executed a very nice short on PLUG, Norm shorted PLUG in the premarket, and I made...

Dear Traders,What a crazy market when you see Netflix blow up over $60 billion of its market cap, dropping more than 38% after disappointing earnings. We traded the heck out of Netflix on the short side, but I made some very big mistakes trying to catch a reversal on it too early, and that ended with a loss. Rats! You can watch the recap that Brian and I posted here. Ardi sold some $190 puts...

Dear Traders,I hope everyone had a great long weekend. This morning, I unfortunately did not trade as I was recovering from too much fun over the holiday weekend (!), but Thor and Brian executed some amazing trades, and Aiman and Thor posted recaps that you can access here.The market still shows no sign of strength and trades are unfolding in a very narrow range. Year to Date, as seen in a chart from our prototype...

Dear Traders,Today we had some exceptional trading opportunities thanks to the volatility arising from Elon Musk’s hostile takeover of Twitter as well as the short squeeze that unfolded on Veru Inc. I executed a number of excellent trades on VERU, got stuck in a halt, and then sold toward $18 on the breakout. As for Twitter, I ended up setting two stop losses and eventually got a very nice reversal. You can watch the recap...

Dear Traders,The market is very strong as I am writing this newsletter. The Open was slow and choppy but I managed to execute a quick scalp and book some decent profit. You can watch the recap that Brian and I posted here.Peter held an excellent webinar last night on How to Take SMART Trade Entries. The webinar was well attended and it is ready for viewing by all Elite members. Make sure to check it...

Dear Traders,Good day. It's CPI Day.This morning, the market gapped up significantly following the release of the Consumer Price Index figures for the past month. The US inflation rate (YoY) for March 2022 came in at 8.5% vs. the 8.4% that had been estimated. February 2022’s inflation rate was 7.9% over February 2021. This news caused the market to move much higher in both premarket trading and in the Open session but it then sold...

Dear Traders,I hope everyone had an amazing weekend. We are having a short week of trading as the Good Friday stat holiday is upon us. For today though, we nailed it in the community with some incredible trades on NIO, TWTR, TQQQ, and AMD. You can watch the recap that Brian and I posted here. In news headlines, the global financial market unsurprisingly remains in turmoil. According to its finance minister, Russia will halt bond sales...

Dear Traders,I am super excited because the number of reviews on Amazon of my book, How to Day Trade for a Living, are now at almost 12,000! I would like to thank everyone who took the time to review my book! I’d love a few more honest reviews of the book in order to hit – and surpass – this amazing number. Any honest review is greatly appreciated and it sincerely does mean a lot...

Dear Traders,I have now successfully completed the legendary Marathon des Sables race in the Sahara Desert in Morocco. I finished in the top 20% of the world’s elite runners who were participating. I can report that I am happy. It’s been an incredible experience. Thank you for all of your heartwarming messages and emails. Today, I am in the city of Marrakesh, in western Morocco, and I was able to trade with Jarad at the Open....