Hello Traders, It is official, the earnings season officially started today with major banks and hedge funds reporting their earnings. JPMorgan Chase nailed their earnings and surged over 7%. I traded JPM with 3 trading strategies: ORB, ABCD Pattern, and 9/20 trade We had some solid trading from Brian this morning on Apple and Tesla […]
Dear Traders, Tomorrow is a big day. The CPI readings (or inflation number) will be out, and depending on the number, it may very well cause some volatility in the market. Today, TSLA provided several trading opportunities for me and a few other traders. Paras did an amazing trade on it at around 11am ET. […]
Dear Traders, Happy Inflation Report Day! First and foremost, my friend, colleague, and quant, Carlo Zarattini and I have published a paper together on the long-term profitability of the Opening Range Breakout. We would love the trading community to read it and let us know what you think. You can follow Carlo at his Twitter. […]
Dear Traders, As many of you know, we have opened up the registration for our next bootcamp that is starting on May 7, 2023. It is an intense 3-month private mentorship experience where you will work closely with some of our senior traders such as Mike, John, Peter, Aiman, Megan, and Susan. You will also […]
Dear Traders, I am back in the Vancouver office from climbing in Bolivia. I arrived from sea level (0 m or ft) and in only 6 days I was able to climb 3 peaks of over 6,400 m (over 21,000 ft) in Bolivia. That was an amazing climatization as I prepare for my Everest expedition […]
Hello Traders, Happy Tuesday! I hope everyone is trading green! With the first quarter finishing up, many of our traders have been posting their quarterly results. Megan posted her Q1 results and they are astonishing! She is up over 256% in her options trading account in the past 3 months! That means she has quadrupled […]
Hello Traders, I hope you are well and have had a green trading day! This morning, I was able to trade and get some nice moves on $TSLA. Over the past few days, where I missed most of the trading day, I was climbing one of the tallest mountains in Bolivia. Below you can see […]
Hello Traders, Are we back in a new bull market? This is the question everyone is asking. The bulls are taking a victory lap, while the bears are scratching their heads, wondering why the market is going up with all the bad news on the way! In yesterday’s newsletter, I wrote about how Dr. Burry […]
Hello Traders, Welcome to the second quarter of 2023. As I am writing you this newsletter, I am on my way to Huayna Potosi mountain. Surrounded by other very high mountains and roughly 15 miles (24 km) north of La Paz, the capital of Bolivia, this mountain is the most popular climb in Bolivia. I […]
“I know what to do. But I can’t do what I need to do under the pressure of the moment. Instead, I do the exact opposite. It’s like a crazed person comes out of me and destroys my good plans. It is what stands in my way.” This trader has just experienced his instinctual emotional […]
Hello Traders, I hope you are having a safe trading day. We are in the final days of the first quarter of 2023. How have you been doing in the first 90 days of the year? Are you on track with your personal and financial goals? Usually, the first 90 days can give you a […]
Hello Traders, I hope you are well and have had a good trading day so far! I am sorry that I missed the Open this morning. I was in Whistler, trying to catch the last ski of the season. I heard Paras and Brian had some amazing trading, with Paras taking a very nice long […]
Dear Traders, Today, Ardi and I had an amazing discussion with one of the best traders out there, John Carter, author of Mastering the Trade. It was a great discussion, and we will publish the video of it this week. You do not want to miss this discussion. I am happy to report that John […]
Dear Traders, The turmoil in the banking industry continued last week. It started with the rescue of 166-year-old Credit Suisse by its bigger Swiss rival, UBS. Then there was First Republic Bank. Silicon Valley Bank’s leftovers were picked over by First Citizens. Then Deutsche Bank’s shares slid as European investors shifted out of banking shares […]
Hello Traders, After sending out the image of my Everest suit yesterday, this is what happened in our office: Wow! Everybody is now changing their profile photos to the new theme: Everest! I am very excited about this experience and it looks like my team is as excited as I am. Stay tuned, as I […]
I recently received an email from one of our members, it’s not only inspiring, but it truly shows the power of community! Hi, Andrew. Your upcoming Everest adventure is incredibly exciting. Wishing you godspeed! I finally had the opportunity to meet John face-to-face in January when my wife and I had flown “home” to New […]
Dear Traders, My big announcement is that I have made the decision to go to Mount Everest this year. In order to prepare, I will be heading to Bolivia at the end of this month for some high-altitude climbing of up to around 24,000 feet (7,300 meters). I will then be flying to Nepal at […]
Dear Traders, This week will probably be another volatile and amazing week. Over the weekend, Credit Suisse, the troubled Swiss bank, was acquired for 27 cents/share by the other large bank in Switzerland, UBS. Also, last week, Silicon Valley Bank was rescued by the Treasury Department and the Federal Reserve. The market stabilized a little […]
In this webinar, Thor will explore the intricacies of the order book. By utilizing cutting-edge tools like Bookmap and L2, you can see the balance of the market shift as decisions are being made. Tonight, you will learn how to read what motivates the market to move and stall. You will also learn how to […]
Most BBT members have read Andrew’s books, so they are familiar with the concept of a TradeBook. However, did you know that the average retail trader does not have a TradeBook or similar guide to track how their strategies perform? In this webinar, Dr. Reid will discuss the hidden advantages of using a TradeBook, and […]