VWAP Reversal This strategy is used during reversals often after getting a push from the VWAP or a key level after 30-45mins of the market open. Time: This strategy can be used anytime during the day. It is more prevalent after the first 30mins of the open. The earlier this reversal happens, the longer it […]
Including in how we travel, how we socialize, how we work and, very critically, how we go about expanding our human civilization on this planet. The most important news of the past week was the death of United States Supreme Court Justice RBG that will undoubtedly affect the balance of power in the most powerful […]
Tips & Techniques: How To Day Trade Do you wonder what tools you will need? Do you wonder if you have what it takes to become a day trader? In this blog, we will cover the most important things you will need to know in order to become a successful day trader. Day Trading Funds […]
Day Trading Rules For Beginners Think about it for a minute. Remember being a kid? Think about some rules your parents were diligent at enforcing. Think about your time at school, your time at university, your job, your city, etc. I bet you can think of many rules in place in each of those settings, […]
True or false? The day trader’s lifestyle is an exciting one. You sit for half an hour in front of your trading station, make a few thousand dollars, and then spend the rest of the day partying with friends or lying on the beach and catching some rays. If traveling, you bring your laptop with […]
First and foremost, I do apologize for missing trading on Monday. I heard Thor and Brian led the momentum trading discussion, and that they did an amazing job! As some of you saw on my Twitter and Instagram, I was climbing in the Tantalus Range, about 37 miles (60 km) north of Vancouver, near the […]
First, my apologies for not trading on Friday. I was climbing at Mt. Assiniboine, which in my humble opinion is the most beautiful mountain in the world. It is located in Assiniboine Provincial Park, on the British Columbia side of the Canadian Rockies. Its access is primarily limited to helidrop only, and that makes this […]
Success in the financial markets comes from having consistently large profits while maintaining consistently small losses. There is no other secret sauce or magic formula. The randomness of the market is decisive. It often will reward bad habits and sloppy trading by offering large profits to gamblers. It may often seem to you that the […]
I hope you’ve had a great first week of June. If this week has taught us anything, it is that the markets are future looking: they are more concerned with what is about to happen rather than what is happening at the moment. The market had an incredible rally, which was primarily due to the […]
I join with our American traders and friends this Memorial Day weekend in honoring those who sacrificed their lives for all of the freedoms we enjoy today. Regardless of where you call home, whether it is in the United States or elsewhere, I hope you are well, safe, and of course keeping it green going […]
We are seeing a crazy market these days. Airlines are selling off and marijuana companies are ripping higher. The market is telling us this: people do not travel anymore but they do smoke pot! All jokes aside, this week we had an amazing presentation from one of our members, John Hiltz. His talk was entitled: […]
Dear traders: I have a few important announcements to make about our community. The first is concerning tonight’s Success Webinar by our very own Mike Baehr. As you all may have heard several times in our community, trading is a serious business and it needs to be treated as such. Every new business or venture […]
On Thursday, April 23, 2020, at around 4:15 pm ET, my phone rang and I saw a California number on it. I picked up the phone, thinking that maybe one of my family members who lives in the state was calling me. No, it was the friend of a friend. My friend, who lives in […]
Dear traders, I trust you and your family are doing well during these uncertain times. This unprecedented season is challenging for all of us, but I know with all of my heart that we will pass through them much better if we stay strong and maintain a positive perspective. Each day I see in the […]
Dear traders, This week I will be in New Zealand. I invite all of you to join next week’s Success Webinar (February 12th) with distinguished guest Mike Bellafiore, co-founder of SMB Capital, a top proprietary trading firm in New York City. Mike has authored several best-selling books including One Good Trade and The Playbook: An […]
I hope you are all doing well and ready for the week ahead. As some of you know, on Friday I took a 5-min opening range break out trade on $BIG from Chile and posted my recap. Unfortunately, the internet connection in Chile where I was trading wasn’t strong enough for me to be on […]
Hello Traders, I hope everyone’s week is off to a good start. We just had our second biggest meetup ever (after our September 2019 New York City meetup with Dr. Brett Steenbarger). This time we were in beautiful Clearwater Beach, Florida. Over 60 traders, many accompanied by their families, joined us for an evening of […]
Hello traders, As you may recall, I am in China right now, experiencing one of the most incredible mountain races in the world: the Four Sisters Ultra on Mt. Siguniang. Mt. Siguniang, in Sichuan Province, is the highest mountain in Western China. This area is known as the “Chinese Alps”, and I can confirm there […]
The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds “view the economy as being strong but susceptible to shocks, particularly from a global slowdown, trade and geopolitics like a […]
Hello traders, I just wanted to let you know that I will be traveling for the remainder of this week and I won’t be trading, but I will return on Tuesday, September 3rd. But don’t worry, we have the chatroom covered with some of our incredible mods who will trade live and answer any questions […]