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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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. … Read more
Dear Traders, I’ll begin with a quick update on Andrew’s progress in the Marathon des Sables in Morocco. Yesterday, Andrew completed the longest of the six segments in the race. He began at 8:20am local time and finished the 84.8-km (52.7-mile) leg at 11:26pm. I can’t even imagine how exhausted he is today, but at … Read more
Dear Traders, Norm here for Andrew, as our fearless and possibly crazy leader is in Morocco participating in the Marathon des Sables, a six day 251km (156 mile) ultramarathon through the Sahara Desert. It is often referred to as the toughest foot race on earth. While I don’t know why anybody would want to put … Read more
Dear Traders, I’m writing this email to you as I fly from Paris to Morocco to participate in what is possibly the hardest run of my life. Unfortunately, I’ll be away from trading for a few days, but I know that the strong BBT mod team will do a great job in the chatroom in … Read more
Dear Traders, I’m writing this to you from the airport, beginning my journey to Morocco to run in one of the hardest races I’ve ever been a part of. The Marathon des Sables (https://twitter.com/marathonDsables), or MdS, is a six day, 251km (156 mile) ultramarathon, approximately the distance of six regular marathons. This race is held … Read more
Dear Traders, The market is ripping higher as I am writing these words. Chinese stocks had an amazing run, and we traded them very successfully in the chatroom, including JD, BABA, and NIO. You can watch the recap that Brian and I posted here. Federal Reserve Chair Jerome Powell stated on Monday that, if necessary, … Read more
Dear Traders, I hope everyone is having a good day. In the northern hemisphere, we are enjoying the first full day of spring. In the country my family and I are from, as well as in many Asian countries, the first day of spring is celebrated as the new year, or Nowruz. Happy Nowruz! The … Read more
Dear Traders, Happy Friday! John and I posted our first ever recap together. I traded the Chinese stocks BABA and NIO, and John traded MRNA and RIVN. You can watch our recap here. The interesting part about our recap is that I could have almost perfectly guessed how John traded without seeing his trades because … Read more
Dear Traders, Happy Fed meeting and interest rate hike day! The market has moved quite high as I am writing this newsletter, and many of us executed some very nice trades on BABA. You can watch the recap that Brian and I posted here. You may be wondering this morning: Why are Chinese stocks ripping … Read more
Dear Traders, The Hang Seng China Enterprises Index, which tracks Chinese shares listed on the Hong Kong Stock Exchange, has collapsed for two consecutive days now. Today, in its most volatile trading day ever, it sank 6.6%. This meltdown is primarily due to China’s policy clampdown under the “common prosperity” mantra, more cities being locked … Read more
Dear Traders, Welcome to another day of market volatility. EU stocks gained overnight, but Chinese and Hong Kong stocks (such as BABA and JD) sold off heavily with a new wave of lockdowns in China. Also impacted were companies (like AAPL) which have significant Chinese exposure. Brian and I traded NIO short at the Open, … Read more
Dear Traders, The Chinese meltdown continues as I am writing this newsletter. With BABA and JD collapsing in the US markets, other Chinese companies as well as American companies with huge exposure in China, such as Apple, are also under pressure. Nevertheless, volatility is excellent news for traders. Today, I traded BABA for a nice … Read more
Dear Traders, Good day! It’s Consumer Price Index (CPI) inflation report day! This morning, we executed several amazing reversals on AMD, BABA, and TQQQ in the chatroom with Brian. You can watch our recap here plus a short video of a tour of the office. We have a new photographer on board to provide higher … Read more
Dear Traders, Happy International Women’s Day to all of the amazing BBTLadies who are part of our community. Thank you for trading with us. I managed to trade this week, and my recap on the exceptional reversal I did on TQQQ from Buenos Aires can be seen here. I had one of the most profitable … Read more
Dear Traders, I am writing this email to you as I travel from the southernmost tip of South America (Ushuaia, Argentina) to El Chaltén, a village within Argentina’s Santa Cruz province, which is in the heart of Patagonia. Over the weekend, I completed the hardest single day Ultramarathon I have done thus far. It was … Read more