Dear Traders, Although 2021 was very eventful and exciting, it also went by very fast. Reflecting back over the last 12 months, there are so many happenings to remember. A few that come readily to my mind include the Suez Canal blockage, Elon Musk hosting Saturday Night Live and being named TIME Person of the Year, Bill Gates’ divorce, and Jeff Bezos traveling to space. As well, there were numerous landmarks in the world of business,...

Dear Traders, We are pleased and a bit surprised by the number of people who signed up on the first day of registration yesterday for the next Peak Capital Trading bootcamp. We are already at almost 40% capacity for the next bootcamp, so I recommend that if you are interested, please secure your spot early on. During registration for the last bootcamp, we had to close the signup early and add a wait list as our...

Dear Traders, What a wild market we are in, thanks to the new Omicron variant of COVID-19 which is causing more lockdowns and restrictions in Europe and around the world. Apparently, our war with Covid is never going to end. All indexes are down, and IWM, as usual, is leading the weakness by dropping roughly 3%. Let’s see if this panic selling eventually ends, and if we see a Santa Claus rally this year. Brian, Jarad, Ardi,...

A couple of days ago a member sent me an email with a post that said, “a trader can’t force a trade any more than a surfer can force a wave to come together. Great surfers wait. They recognize patterns. When they see the perfect wave coming, they put themselves in the best possible position to catch it”. If you think about it, that is what traders do. It’s pretty much a 3-step process. Step 1: Preparation –...

Dear Traders, These are scary times in the stock market. Yesterday, Jerome Powell’s speech was heartwarming for Wall Street, and stocks such as SPY and QQQ surged to mostly new all-time highs. Today, on the other hand, a bloodbath is unfolding, especially for the highly overvalued technology companies in QQQ. One thing that Federal Reserve chair JPow got correct on Wednesday was his observation that no one can really predict what the market and the economy...

Dear Traders, I have now concluded the Extreme option of the Santo Antão Triangle Trail Race in Cape Verde, a collection of volcanic islands off the coast of northwest Africa. The race itself was just under 70 miles (110 km) in length with an elevation gain of some 22,000 feet (6,706 m), and I finished last! Yes, last, but at least I did finish! This was one of the harshest runs I have ever competed in!...

Dear Traders, I am writing this newsletter from Cape Verde, a beautiful island in the central Atlantic Ocean off the coast of Africa. As you will recall from my last newsletter, I am participating in a 110 km (68 mile) trail running race. It is literally stunning here, and also very hot, which is a nice change from rainy and mild Vancouver. Do not ask me how I ended up here (!), but I am so...

Dear Traders, I am writing today’s newsletter on the plane as I am heading to Africa for one of the longest trail runnings I have ever done! I promise that if I survive this 110km (68 mile) run, I will include pictures in my next email. Before leaving, I spent an exceptional morning trading with Peter, where I traded Apple for a 1-minute Opening Range Breakup. Make sure to check out the recap that Peter and...

Dear Traders, Happy December! It is hard to believe but there is only 1 month left until 2022. The market has certainly been volatile this year and today we saw a gap up of over 1.5% for all indexes. This is almost exclusively due to the world digesting the impact of the new COVID-19 variant. Brian is attending a wedding this weekend in Mexico, and so I had the honor of trading with Jarad in the morning...

Dear Traders, Happy Cyber Monday! I will start this newsletter with a few important reminders. Firstly, one of Ardi’s books is now available for free on Amazon. If you would like to have a copy, please check it out here. Both Ardi and I would be very grateful if, after reading it, you would take the time to post your honest review of the book on Amazon. It helps a lot, and means the world to...