As of Sunday, the Suez Canal is still being blocked by the notorious Ever Given ship. Several memes posted on Twitter last week explained how to go about solving this problem. According to memes, it should be easy. I don’t understand why it is taking so long for the Egyptian authorities to fix the issue. Robinhood is getting ready to IPO. One of the most talked about IPOs of 2021 is going to be none other than...

I would like to wish a Happy Nowruz to everyone who celebrates March 20, the first day of spring in the Northern Hemisphere. Several Middle Eastern and Asian countries celebrate the rejuvenation of nature and the first day of spring as their new calendar year (which kind of makes sense to me more than January 1st!). Spring for me is always a good reminder that the light is always coming, and sometimes the darkest hours of...

I am back in a city I proudly call home: Vancouver, BC. With spring just around the corner, it is gorgeous here. Thank you to everyone who came to visit Jarad, Norm and myself in Dallas, TX, and then myself in San Francisco, with both events being held on relatively short notice. I am humbled and blessed to have family members literally all around the world - from Nepal to San Francisco. Everywhere I go, I...

As you may know, I have been running and climbing in Nepal. Running in remote areas where people live simple and happy lives has been an amazing and life-changing experience for me. I have shared some moments from this trip on my Instagram and Facebook. Although I am sadly finishing up my trip here in Nepal, I am looking forward to flying out to Dallas and meeting with Norm and some of our other traders. We...

I am writing this email to our community from amid mountain villages in the Himalayas. I am currently in Pokhara, a city west of Kathmandu, Nepal. It is known for being a gateway to the Annapurna Circuit (which I have read recently has often been voted as the best long-distance trek in the world). Flying to Pokhara was beautiful, stunning, and amazing. It was all of those words rolled into one! I was able to see...

I hope all of our members had a very nice long weekend and are ready for a short trading week. With Bitcoin over $50,000, and a volatile blockchain market, we are all in for a treat. We apologize for the website issues last night and this morning, but it is all fixed now. Every Monday, our education team, Carlos, Mike and Kyle, offer an Onboarding and Technology session for new members. Due to the website issues,...

Please note that the market is closed on Monday, February 15, in observance of George Washington's birthday (the Presidents’ Day federal holiday). George Washington, a founding father of the United States, is certainly one of my favorite and most respected historical individuals. His vision for democracy and separation of powers in the newly found republic has been an inspiration for so very many. Success in any endeavor comes from being resilient and surviving the learning curve....

In this week's Strategy webinar, Carlos and I hosted a one-hour town hall meeting with Andy Kershner, CEO of Kershner Trading Group. With hundreds of traders, and offices in NYC and Austin, they are one of the most successful proprietary trading firms in the US. Our last question to him concerned the advice he would give to new and developing traders. His response? He said to use STOPs, to use STOPs, and to use STOPs. It’s...

Dear Traders, We are set for another eventful week with some big earnings on the line. Bitcoin has already surged to a new all-time high of over $44,000. It’s also been reported that Tesla has purchased $1.5 billion worth of Bitcoin. Traditional trading has always been based on either fundamental analysis or technical analysis, but as Peter discussed last week with Jack Schwager in the first episode of a new season of Talk with Traders, many...

Dear Trader, As many of you know, Wall Street is on fire and the short squeeze of GameStop ($GME) is now on the desk of the President and the politicians. The White House has announced that they are monitoring the situation and the Senate Banking Committee announced this afternoon that they will be holding a hearing into the matter. What happened? Melvin Capital and Citron Research shorted GameStop (over 120% in short interest) in order to benefit from...