In this webinar, Mike will provide you with some practical strategies to overcome this destructive habit. Revenge trading can cause traders to make impulsive and emotional decisions, leading to significant losses in their trading accounts. Mike will share insights on the psychology behind revenge trading, as well as effective techniques to avoid falling into this […]
Join Megan in this webinar as she shares her journey of growing a small trading account by day trading options with minimal risk. You’ll gain a fundamental understanding of options trading, learn how to transition from equities to options, and find out how to best master risk management. You’ll also discover how options trading can […]
As a day trader, it’s easy to get caught up in the excitement of the market and fear that you’re going to miss out on a big opportunity. However, this fear can lead to impulsive decisions and ultimately hurt your overall profitability. In this webinar, Mike will explore practical strategies for managing FOMO in day […]
In this Lightning Bolt TradeBook webinar, Peter will go deep on a strategy that is sure to electrify your trading. This strategy works in all markets and provides clear signals for what to do when a stock hits VWAP. Tonight, you’ll learn how to stop yourself from being zapped and instead jump-start your trading!
Most people are aware of the importance of setting SMART goals to achieve a target. But the art of effective goal setting actually goes much deeper than that. This webinar will explore goal setting through the paradigm of “process, performance, and outcome goals”. When you set effective goals, the need for willpower decreases. The process […]
If you’ve been trading for a while, you’ve probably been told that trading is 90% psychological and you won’t be profitable until you stop making “stupid mistakes” and fix your trading mindset. Therefore, you might also be worried that you have some unconscious limiting beliefs lurking in the background that are sabotaging your success. I […]
Being a primarily High of Day Breakout trader, Mike began to notice that there were commonalities in the setups that did not meet his criteria that would lead to the breakout failing. Seeing this as an opportunity, Mike developed a TradeBook that allows him to take advantage of the failed breakout. In this webinar, Mike […]
Dear Traders, We are officially kicking off the earnings season today, with some big names reporting this week. The Trading Terminal Calendar has a list of all upcoming earnings releases and, as you can see, the big ones this week are Netflix and Tesla. Today, the market was volatile but kind of flat. NVDA gave […]
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 […]