Dear Traders, In the past few days, I have learned so many lessons from Mother Nature, and I have had the opportunity to reflect much on my life. Camping at Mera Peak, beside the icefalls, has been a beautiful and unforgettable experience. Looking at the campsite, you can see that we are at the edge … Read more
In this webinar, Paras will equip you with the knowledge and skills needed to identify and trade market breakouts using tape reading techniques. You will learn how to interpret the tape – the real-time flow of buy and sell orders – to spot potential breakouts and gauge market sentiment. The webinar will include examples of … Read more
It’s time to peek behind the curtain and see what makes the market move. The order book is one of the most powerful tools you can use to evaluate not only the market’s intention but also the result of those moves. Pattern, momentum, and range trading are no different. By adding this skill to your … Read more
Dear Traders, I miss trading with you all! But here is a very exciting update on my Mount Everest hike so far: The other day I flew to Lukla, which is at 2,800 m (9,200 ft), and stayed there for one night, and then I flew to a small village in the Mahakali Zone named Khar, … Read more
Dear Traders, Hello from Nepal! I have landed at the most dangerous airport in the world! Lukla Airport is located between the mountains and is called “the most dangerous airport in the world”. The reason being is its geographical location. Lukla’s airport is on a mountainside, at an altitude of 2,830 meters (9,285 feet), and … Read more
Dear Traders, Thank you so much to everyone who joined my farewell social yesterday and wished me luck! It was heartwarming to see so many of your faces, to chat with you, and to receive so many positive vibes. Today, right after my morning trade, I left the Vancouver office for the airport to catch … Read more
Dear Traders, Elon Musk is having a bad day. At his favorite number, 4/20, his Tesla stock is down 10%, his net worth is shrinking, and his SpaceX Starship exploded a few seconds after launch. Just about a year ago, he was Time’s Person of the Year, but now he is stuck with his Twitter … Read more
Dear Traders, The earnings season continues the volatility for us, and as I am writing this newsletter, Netflix’ after-hours price is having a wild ride due to the release of their earnings. Once again, the stock market closed flat today, but it did offer a series of volatile moves on some of the familiar names … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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. … Read more
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. … Read more
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 … Read more