Share
«  Blog
«  From One Extreme to Another
blog thumb

From One Extreme to Another

By Andrew Aziz  |  
Andrew's Newsletter  |  
Oct 15, 2024

Dear Traders,

I am excited to be back from an incredible and challenging expedition to Cho Oyu. After few weeks of cold weather and snow, I am loving the heat in Dubai now. From one extreme to another. Reaching the summit was no easy feat. The severe weather conditions across the Himalayas forced us to descend back to Tingri town at one point, to wait for a safer window to make the final push. It was a test of patience, resilience, and—above all—risk management.

Just like in trading, climbing a mountain of that magnitude requires knowing when to push forward and when to step back, wait, and reassess. The unpredictable conditions, makes it even more important to make the right calls for safety and success.

At Potala Palace, the untouched spiritual atmosphere is remarkable.

Usually, visitors with a climbing permit are required to exit through Nepal. However, due to road closures and the border being washed out, we received special permission to visit Lhasa, the capital of Tibet. While there, we visited the Potala Palace and spent time at a monastery, seeing monks and immersing ourselves in the peaceful surroundings. It was one of the most incredible experiences of my life, and I highly recommend everyone to visit. The untouched, spiritual atmosphere is truly remarkable. If you’d like to visit Tibet, make sure to go before it becomes commercialized and changes.

Now that I’m back from the Cho Oyu expedition, I’m excited to return to the markets and reconnect with all of you. Starting next week, I’ll be joining the chatroom to trade alongside everyone once again. I can’t wait to dive back into the action.

Avi´s Options Trade on AMD.

Yesterday, Avi capitalized on AMD’s volatility by executing a solid two-part Options trade. He initially bought calls (options that give the buyer the right to purchase a stock at a specific price, typically used when expecting the stock to rise) as AMD bounced off a key 30-minute support level, taking advantage of the bullish momentum. Later in the day, he switched strategies, buying puts (options that give the buyer the right to sell a stock at a specific price, typically used when expecting the stock to fall) as the stock rejected its 30-minute resistance level.

AMD’s AI event was the news catalyst driving this volatility, which created great trading opportunities on both sides of the market. Avi’s ability to navigate these swings shows how understanding key levels and reacting to market catalysts can lead to successful trades. If you want to learn more about Options, check out Avi’s course on Trading Terminal.

Talking about AMD, a question we often get is why we frequently have stocks like NVDA, TSLA, and AMD on our watchlists. It’s an excellent question, and here are some of the reasons why:

  • High Volume & Liquidity: These stocks are traded in such high volumes that it’s easy for traders to enter and exit positions quickly without worrying about slippage. The strong liquidity ensures that there are plenty of buyers and sellers, making it easier to execute trades at desired prices, even in fast-moving markets.
  • Volatility is Key: Stocks like NVDA, TSLA, and AMD love to move—sometimes a lot—within just a few hours. This volatility means more chances to ride the ups and downs and turn a profit fast.
  • Always in the Spotlight: These companies are making waves, whether it’s Tesla’s new electric car or Apple’s latest gadget. Big news means more excitement, which often leads to bigger price swings and more trading action.

Basically, these stocks check all the boxes for day traders: they’re liquid, volatile, and always making headlines. That’s why they consistently show up on BBT mentors’ watchlists.

If you like to checkout Bear Bull Traders community try our chatroom for a week and experience real-time trades and insights from top traders like Avi, Brian, Paras, Thor, and the rest of our team. Get a live feed of DAS Trader Pro screens, see our daily watchlists, and get breaking news from our exclusive Benzinga Squawk audio.

Plus, join our live onboarding session with Carlos on Monday and access beginner courses—all for just $1.

Hope to see you the in the chatroom soon.

Holding our community flag in the summit of Cho Oyu!

To your success,

Andrew