Dear Traders, Last night, I made what turned out to be a very fruitful presentation on Trade Management in Scalping and Decision-Making on Level 2. We all had an excellent discussion. The recording is posted in the Education Center and I hope you will be able to watch it. I plan to do more webinars […]
Dear Traders, First and foremost, Ardi and I are offering one of our books for free for the next 5 days on Amazon. Please make sure to grab a copy for yourself and, as always, we appreciate you taking the time to post your honest reviews and feedback on Amazon! You can grab your copy […]
Trader Psychology tip-toes around the powerful connection between the flaws in the mind that manage uncertainty and the instinctual gambling instinct that drives financial performance. BEFORE the sanitized version of trading flaws found in Trader Psychology is something much deeper in your evolutionary psychology – your gambling survival instincts that are killing your trading. And […]
Scalping is one of the most profitable trading strategies used by elite professional intraday traders. Scalping requires a quick and skilled eye, as well as a deep understanding of market dynamics, as you must make decisions in real time based on the buying or selling pressure. The edge of gaining insight into the flow of […]
In this webinar, Andrew will discuss how he determines his stop loss levels for his TradeBook strategies. He will also explain why it is so important to avoid averaging down and how you can prevent it from happening.
You are the biggest inhibitor to making the money you want. Before you can make it, you need to give yourself permission to make it. In this webinar, Mike will explain how your words, actions, and beliefs either assist you in making money or prevent you from making the money you want.
“Whether you think you can or you think you can’t – you’re right.” Mindset plays a very significant role in successful trading. However, a negative mindset can actually take several forms. Indeed, there are many sneaky thinking styles that you may not even class as being negative until you understand how that thinking impacts your […]
In this webinar, Carlos will explain the basics of trading the ORB Strategy, including how to calculate your risk to reward, how to identify potentially great setups, and which setups to avoid. Carlos will also discuss how he personally manages an ORB trade when taking partials or stopping out.
Markets change, and we need to change with them. Attitudes, expectations, techniques, targets, and stops may need to be adjusted. Stocks that used to trade well, now trade badly. Our favorite setups do not run to target. Breakouts fail. Rallies and reversals are more extreme… so is chop and it lasts longer. News events matter […]
Many traders believe that the volatility during the Open makes it the best time to trade. While that is true for some traders, other traders find trading into the Close to be their most profitable strategy. Join Peter as he discusses his 1 to 10 trade that unfolds 10 minutes before the market Close.
Hi Traders, Are you tired of trading alone in your room? Want to be part of a community of like-minded traders who can offer support, guidance, and new ideas? Our last trading event was a huge success, and we want you to join the community of successful traders at our next event in San Diego. […]
Hi Traders, Are you ready to trade side-by-side me and your most favourite BBT mentors? The Live Trading Summit in San Diego on March 2nd and 3rd is the perfect opportunity to trade beside other traders, and learn the skills and strategies you need to achieve your trading goals. Our expert speakers will teach you […]
Dear Traders, First, we already have over 50 traders joining us in San Diego for a two-day live trading and webinar workshop! I hope more members are planning to come to beautiful San Diego. We will be at the Hard Rock Hotel, which is a very nice hotel in the Gaslamp Quarter of the city. […]
Dear Traders, What an unbelievable start to the year. As I wrote two weeks ago, this could have been the start of the next bull market, that hopefully would last for another 10 years. Only in 2023, according to TradingTerminal.com’s Normalized Market Performance tracking, Nasdaq is up over 17%, IWM 14%, and SPY 9%. Today, […]
Dear Traders, Many of you who follow me know that I suffered a big loss last year on TNA. But many do not really know what exactly happened and how much I lost. I lost almost 2 million dollars in 2022! That was the first time I cried over money. Two million dollars is a […]
Dear Traders, MSFT earnings had a significant impact on the market. Their earnings were great, but their guidance for the future was gloomy, and that caused their 5% gain to evaporate and the market to gap down. Nevertheless, the market’s volatility continues and we saw a big bounce in the market in the afternoon. This […]
Dear Traders, It was an amazing trading day with our community in the chatroom! AMD went up 10%, NVDA went up 8%, and TSLA went up 8%. You can watch the recap that Brian and I posted here. As I wrote last week, the market is cooking something. Everything seems to be a buy these […]
Dear Traders, There are some big things happening in the market these days. The retail sales number came in yesterday at -1.5%. Considering inflation is at 7%, this reflects a significant drop in consumer spending. The economy has cooled down, and consumers have backed off. The market sold off and continues to sell off. Today, […]
Every successful trader has a method for locating “Where” the best setups are going to be found. For some traders, that method is based on pivots. In tonight’s webinar, Thor will discuss this amazing predictive indicator in fine detail.
Dear Traders, Happy MLK Day (one day late)! I hope everyone had a great long weekend. Today, Jarad and I traded TSLA and NVDA, and I also traded options on Amazon and NVDA. I had a very nice day, and I hope you will get a chance to review my trades in our recap on […]