
How to Make Money in This Market
Dear Traders,
What a market we have these days! With tariffs heating up and countries scrambling to make their best moves, some of the biggest companies in the world, like NVDA and TSLA, are losing value and swinging up and down by 20-25%. We are in a new market era. Today I traded NVDA and made a nice profit. You can watch my recap here.
On Wednesday, we had a team meeting at BBT, and one unavoidable topic that came up was the current market conditions. Swing traders and long-term investors are not in a great position right now, as fear of a recession is dominant. But day traders like Peter, Thor, Brian, and myself are in a different position. The key difference between us and swing traders is that we generally don’t care if the market is going up or down. As long as the market is moving and we have a TradeBook for it, we can make money.
Until 2-3 weeks ago, before the trade war started, the market kept going up, and we were constantly hitting all-time highs. Since the market was bullish, our community was generally focused on taking bullish trades. But now, the market is bearish and constantly going down. So many of us are shorting the market and profiting from the downward move.
As day traders, this is still a great time to trade, but NOT BLINDLY.
You must have a strategy and a TradeBook to know what to look for.
If you are new to trading, you should take advantage of our Spring Sale and watch the basic and advanced strategies we’ve developed for day trading.
Limited Time 50% Off Elite Annual Membership
Today, we had some great questions in the chatroom. Someone asked when to start trading live and move away from a simulator account. Based on 10+ years of trading experience and mentoring thousands of traders, here is my suggestion:
- Just watch
- Trade in a simulator
- Open a funded account
- Go live
If you have some experience and are already trading live or thinking about taking it live, I highly recommend joining the May Peak Capital Trading Bootcamp.
This is the 14th time we’re running this Bootcamp, and we’ve received a tremendous amount of positive feedback. The main takeaway from the program is that you’ll develop one solid TradeBook that you feel comfortable using to take your account live and become profitable.
However, this bootcamp is like a gym membership—you get out of it what you put in. Just as you can’t expect your muscles to grow magically by signing up for a gym, you can’t expect to become a consistently profitable trader just by signing up for PCT.
What I can promise you is that we’ve spent a lot of time and resources making this program efficient and effective, and the results speak for themselves. These are the kinds of emails that excite me:
“Hi Andrew! I hope your climb in Chile went great! I am censored, a day trader and music producer. I’ve been following and devouring your work for about 3 years now. I have been actively trading for about 2 years. I have read all your books, taken 2 PCT bootcamps (#1 lost money and #2 broke even), I got two funded accounts right after, and finally became profitable through these accounts. Here is my equity curve since May”
PCT Bootcamp is a very personal mentorship where traders work directly with their team captains. We can only accept a limited number of traders to maintain the quality of direct mentorship and support. If you’re interested, make sure to sign up ASAP, as the Bootcamp starts on May 1st.
Build Your TradeBook with PCT Bootcamp
To Your Success,
Andrew