NYC Meetup with Dr. Brett Steenbarger

Hello everyone, I hope that thus far you all are having a good trading week. I unfortunately did trade a bit recklessly but, overall, I am keeping myself in check. We had a great time on Saturday in NYC with traders from all over the place joining us. From Canada, as well as from Florida, … Read more

Capitalizing on moves on the $SPY

Wow, what a day yesterday was! First, at 10:10 am ET, Bloomberg disclosed that based on “five people familiar with the matter”, a limited trade deal with China would soon be announced by the White House. SPY skyrocketed to make a new all-time high! And then, at 10:50 am, the White House denied the report … Read more

ETF’s and ETN’s; What are They and How do They Work?

ETF – Exchange-Traded Fund – Represents a stake in the underlying commodity, holds the assets it tracks. ETN – Exchange-Traded Note – Structured product that is issued as senior-debt notes (debt that possesses the highest priority if the company goes bankrupt). Inverse ETF/ETN – Designed to return the exact opposite performance of the underlying index/benchmark (in … Read more

Trading $DIS

Hello traders, I just got back from my climbing and running trip to Switzerland. We also had a really nice meet up with some of our traders in in Zurich, thanks to everyone who attended the meetup. Today after I got home from the airport, I fired up my trading station to see what was … Read more

Resilience in Trading

Today, one of our traders who I met recently at our LA meet up cancelled his account with us. He emailed some heartfelt thoughts about his trading endeavor. I love what Nick wrote and I am excited to share his message with our community.

I tried to do well. I worked harder on this than anything else. I learned a lot about myself. I couldn’t find the consistency that I was looking for. Thank you for all the support and answering all the questions that I have asked.

I really love you guys. I wish you all a fulfilling life. That is all that I’m after. I let a lot of fears get in the way of a beautiful life. And it showed itself in my trading. Paralyses by analysis. I can talk myself out of anything. I learned that about myself during my 6 months of day trading. Last week I stopped being tough. I took the first step to being mentally strong. l told my Dad I loved him and I meant it. I understand now that no opportunity will be perfect. That I need to look for 85% and go for it. I am the kid that doesn’t want to get in the pool, but when they get in the pool, they love it and don’t want to get out. haha.

I have learned that failure is an option. It may simply mean the timing is not right! As I grow, my mental state will become stronger. And down the line I will have less insufficiency and become a great man! I will be confident and ambitious and never afraid to show emotion. I asked my first girl out yesterday. I’ve decided on a path. I want to go to college and be a pilot. If trading is a reflection of your mental state, then a great test would be to come back to this in a decade and see how I do. That would be an incredible reflection of my progress as a person!

Thank you again Andrew and William. I met Andrew and we talked personally after the LA meetup earlier this month while Albert and I drove him to his Hotel in Huntington Beach. I will never forget that. You said that resilience is the most important thing I can have. I’ll work on it. William has answered any questions to me that I ever had and really helped me bring me out of my shell to him. He is a great guy. You two have helped me the most. I am mostly talking to myself in this, but I really wanted to express some gratitude to you guys. Because I think I developed a lot on this journey. And maybe I’ll be back one day. I hope to love everything I do in the future. haha. I love you.

Thank you. I wish you only the best.”

All the best my friend, there is no shame in failing as a trader. The real shame is in not pursuing your dreams. If you are passionate about trading and never try it, then you will live your life wondering what might have been. Life is too short to not embrace new challenges. To take on any challenge in life and fail is very honorable. Becoming a consistently profitable trader can be possibly the hardest thing you will ever do. If you have the courage to take a chance and day trade, that decision will serve you well later in life. The next career change or challenge you accept might be the one that works out for you, and what you learn about yourself in the process will be invaluable.

All the best,

Andrew

PS: I understand why some people decide to step away from trading for a season but want to be able to come back to it at a later time. This is called resilience in life. You fall and you stand up, again and again. That is why we introduced lifetime memberships, so members can take a break and come back again if they are ready. Please enjoy a 20% discount on our lifetime plans by using discount code: RESILIENCE
($1,199 vs $1,449 regular for Lifetime with 3 months DAS OR $799 vs $999 for lifetime access without 3 months DAS)

So Long 2018!

2018 has been an amazing year for our community. We leave you with the following messages from the Bear Bull Traders Team. Alright guys, so this is Andrew. I’m going to do the recap for the year We at Bear Bull Traders would like to wish you and your family a very happy new year. … Read more

Fit Trading in Your Life, Not the Other Way Around

Our San Diego Meet Up. Oct. 2018. This weekend, Peter, Brian and myself went to the Trade Ideas Summit in San Diego. We had a great time meeting our traders there. Thanks to all of those who joined us. Brian, Andrew, Peter We also had a really enjoyable time at the Summit itself. There were … Read more

Risk Management: Red Day

If you watched me trading today, you saw that I overtraded and lost really bad. I tried to blame my loss on chatroom technical issues at the Open and on the market overall, but in all honesty, I myself was the problem, and no one else was to blame. Someone in the chat asked me … Read more

Define Yourself as a Trader

Today, an interesting comment appeared after I uploaded my recap video to my YouTube channel. “Life know Everything” commented: “bro, why r u not trading on low float stocks bcoz there is so many trader who claimed that they make $10,000 – $30,000”. To answer “Life know Everything”, I must say that I am more … Read more

Don’t Fear the Machines (algo’s, HFT) – Embrace Them

[et_pb_image src=”https://www.bearbulltraders.com/wp-content/uploads/2018/01/facebook-sweden-data-center-640×426-640×380.jpg” _builder_version=”3.0.91″ align=”center”][/et_pb_image] I recently received an email from an individual that read my book to tell me how much he loved what I had to speak about and how he really wants to learn to day trade. As it turns out, he works for an Institutional Trading Technology firm and has developed algorithms … Read more

Curious Case of Kodak BlockChain Cryptocurrency Coin

I grew up with Kodak. My childhood was full of buying Kodak films, taking pictures and then taking them for processing and printing. Fun times! Kodak actually a giant company, being listed in the Dow Jones Industrial Average for over 74 years until its business started to decline in 2000s where smartphone cameras started replacing … Read more

Success Story of a Bear Bull Traders Member!

Here is an email I received recently from one of my students. Nothing makes me happier than to see successes like this in our community: “Hi Andrew, It’s been a while since I’ve checked in, almost 2 months. After the simulator I went live Oct 16th this year with IB & DAS, It was rough at the … Read more

Trading Psychology: 7 Ways How Emotions Screw Up Tour Trading Result, and How to Fix It!

By Paul Koger – September 14, 2017 The average trader that is just starting out thinks that the way towards success in day trading is by finding the right strategy. If only you would find a strategy that works, you’ll be out of the water, drinking the cool-aid in no time..Sound familiar? I’m sorry, but that just isn’t … Read more