How do you manage risk? How do you manage yourself? How do you know when your system is working? Many of these questions go unanswered in your traditional trading systems. In this course Thor will discuss them all in “The How”
Dear Traders, President Xi Jinping of China solidified his leadership over the weekend at the 20th National Congress of the Chinese Communist Party. The Hang Seng China Enterprises Index, a gauge of Chinese stocks listed in Hong Kong, saw its biggest decline after any Communist Party congress since 1994. Meanwhile, the onshore yuan fell to […]
Dear Traders, It is a difficult time for many social media users. Snap missed big earnings again and has plunged over 35%. META, the parent company of FB, Instagram, and WhatsApp, is also trading lower, back down to its 2017 levels. Today, my trading included some scalp on my side on TQQQ and NVDA, and […]
Dear Traders, What a crazy market! 2022 has been a tough year to trade in for almost everyone, including me. If your spouse or partner asks about your 2022 trading results, show them this tweet of mine. Today, I started trading with some bad results on TSLA, but ended up with some amazing runs on […]
Dear Traders, NFLX surprised everyone! A business that everyone thought was dying instead added 2.5m new subscribers and surged over 14% today. I traded it nicely; Brian lost on it. You can watch our recap here. The Bear Bull Traders leadership team recorded this video for you regarding the Fort Lauderdale, Florida meetup. Only a […]
Measuring Trading Performance So how did your trading go today? And how does that compare with yesterday and every day last week and last month? Some traders would answer those questions in terms of dollars gained and dollars lost. Others would measure their performance in percentages. Some might even think in terms of how their […]
In this webinar, Peter will discuss how he has set up his trading station at home and also how he goes about trading while traveling. In addition, he will share what he monitors on each of his screens, how he narrows down his Stocks in Play, and what he looks for in a setup. Peter […]
In this webinar, Peter will discuss the importance of creating and maintaining a trading journal in order to improve your trading performance. Many traders wonder why they struggle to improve, and one of the simplest answers is that they fail to track their progress. Join Peter as he discusses various methods of journaling.
“Whether you think you can or 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 actions […]
Success in trading can be summed up in a simple formula: develop a technical edge and the psychological stability to consistently apply it while managing risk. Sounds simple, but the process isn’t easy. Specifically, the more performance pressure you feel, the more vulnerable you become to emotion-driven ideas and behaviors. But pressure, per se, isn’t […]
When should I enter into a trade? How much should I partial? When should I let my winner run and when should I exit all for a small profit? These questions – and more – are the types of questions you no doubt ask yourself every single time you are in a trade. Properly managing […]
Dear Traders, The market has given us another crazy and volatile day. What a day to be a trader! The market gapped up and traded stronger, and I personally traded TSLA, TQQQ, and AMD. Brian took TQQQ and RBLX successfully. You can watch our recap here. Amazing NEWS! Our Florida meetup is almost sold out. […]
Dear Traders, The inflation report for September has come in and it indicates that inflation last month was hotter than expected (albeit hot inflation is not really news anymore). The market gapped down significantly, over 2%, and everyone was anticipating a big meltdown again, but the market bounced back strongly and is now trading almost […]
Rule 1: Day trading is not a strategy to get rich quickly. Day trading looks deceptively easy, so one of the most important lessons you can learn, regardless of your level of experience, is that you will not get rich quickly by trading. It is not the same as gambling or playing the lottery. Brokers […]
Dear Traders, The market continues to be volatile, but choppy, meaning volatile and directionless moves. Today, I had a very nice short on TSLA and then flipped the position on long and profited both ways. I then experienced a series of small losses on TQQQ, AMD, and SOXL. You can watch my recap here. Tonight, […]
An often neglected or disregarded aspect of trading is the development of a proper “business plan”. Do not get this confused though with your daily trading plan (the “if-then” statements you develop each trading day) and what I will soon be describing as your trading framework. Every business needs a business plan. Day Trading is […]
Dear Traders, The market is experiencing another volatile day. It sold off heavily at the Open, but bounced back around lunch time. As I am writing these words, the market is almost flat, but who knows how it will end. I suffered a heavy loss trading a bounce on stocks in the semiconductor sector (e.g., […]
Dear Traders, What a crazy and volatile market to trade in. We have just learned that the US economy created 263,000 jobs in September. Not only that, but the unemployment rate also fell further, down to 3.5%, while expectations were for it to remain at 3.7%. This means that the economy is solid and strong, […]
Dear Traders, Today is the day that weekly jobless claim numbers in the US are released. Analysts are expecting a reading of 204K, after last week’s surprisingly strong 193K print. The weekly claims report is an important datapoint these days. After last week’s strong numbers, stocks immediately tanked, with the S&P 500 falling around 2% […]
A large volume of professional literature has been published on the benefits of journaling, particularly in the fields of mental health and psychology. Not unlike the lockable diaries that children and adolescents in earlier times hid under their mattresses, journals are a way of recording experiences, thoughts, and feelings as a way of understanding them […]