Dear Traders, Today was an amazing day as a day trader in the market. Despite all the indexes being negative for the day in a big way, Brian and I were able to take advantage of some very volatile moves in the market, including on tickers such as BBBY, TSLA, and TQQQ. Please take the … Read more
In this webinar, Mike will review techniques for analyzing your psychology journal to determine which aspects of your psychological makeup are affecting you the most and thus should be immediately addressed in order to improve your trading.
Trading is a performance sport and mindset is a competitive advantage. To be a successful trader or athlete, technical skill is a requirement. But technical skill alone is not enough. In sports and trading, where split-second decisions and impulsive actions can make or break a career, mindset is what separates the good from the great. … Read more
In this follow up webinar, Dr. Reid will address some additional factors that can throw traders into a state of mind where they do unnecessary damage to their accounts. What happens to traders mentally and emotionally when they get fooled? When the market is annoyingly random for hours at a time? Dr. Reid will unpack … Read more
Taking profit. Believe it or not, this is one of the most difficult aspects of trading. Trading does not work unless you can overcome your losses with your gains. In this webinar, John will discuss the mathematics behind profit taking as well as various methods of exiting a trade. John will also delve into the … Read more
Dear Traders, Registration is now open for the 6th round of Peak Capital Trading’s boot camp. It gets better every time thanks to the incredibly hard work of our directors, Peter and John, and our Chief Education Officer, Mike. Since our launch in 2020, many traders have returned to take the boot camp again (and … Read more
Hey Traders, What a crazy market! The notorious /WallStreetBets reddit memes are back and BBBY is now trading up over 60% with crazy volume. Earlier, I traded the stock many times with Brian, and we made some amazing trades on it. You can watch our recap here. This is a great time to be a … Read more
Dear Traders, I am back to the Vancouver office, getting ready for our seminar next week in LA as well as our boot camp that starts on September 6. There’s still room for our one-day seminar. You can RSVP here for it. Our boot camp is 65% sold out. I hope to see many of … Read more
Dear Traders, Happy inflation report day! Today, we all learned that inflation is at 8.5%, a bit lower than anticipated. The market gapped up over 1.5% and stayed strong, but traded in a very narrow range. The biggest mover of the day was META and Zuckerberg, and also my biggest winner. You can watch the … Read more
Dear Traders, The market today reminded me of the 2020 and 2021 trading mania, where some meme stocks like AMC, GME, and BBBY were running like there was no such thing as gravity. Today, we traded AMC and BBBY for an incredible squeeze and a big Opening Range Breakout. Brian also traded AMD. You can … Read more
Dear Traders, The US job market is strong, and everyone was surprised by today’s report that US companies are still creating jobs. While this led the market to gap down over 1.5%, it is slowly recovering as I am writing this newsletter. It’s a crazy situation. There’s a good report and the market gaps down! … Read more
Dear Traders, Stocks have been on a pretty nice run. The S&P 500 is up 14% from its June low. The Nasdaq-100 is up roughly 20% in that same time frame. Today, Thor and I had an exceptional trading day together. I took an excellent trade on AMD as Thor walked us through the Level … Read more
In this webinar you will learn what you have not been able to see. There is an underground world inside your trading mind that you have to master. The mind that you brought to trading is simply not up to the task of trading. But you can learn how to build a mind that stays … Read more
In this Webinar, Peter will discuss the Volume Weighted Average Price line (VWAP) and how it can be used consistently in order to enter winning trades. Peter will explain the VWAP and key VWAP patterns that you can easily utilize to improve your profits every single trading day.
Dear Traders, I am writing this newsletter from the small town of Chamonix, at the border of Switzerland and France. It is well known for hosting many climbers and outdoor enthusiasts who stand in awe of the beauty of the Alps and their highest point, Mont Blanc. Today, I went for a lengthy run in … Read more
Dear Traders, I missed trading in the room this morning as I was getting organized for my trip to France. I’ll be in Chamonix for the next week or so, running and climbing with my running buddy and coach. Our aim is to run over 100 miles. I expect to be trading the Open with … Read more
To trade well, you need a system. In our next series, using the system that Thor developed as an example, we will discuss the critical components of a successful trading system. From stocks, to rules, to hotkeys, we will take a look at all the tools Thor utilizes to help keep both his trading and … Read more
Dear Traders, Today’s focus on the trading front was Amazon and Apple…and they did not disappoint! We had an amazing and profitable trading day in the community. I personally had one of my most exceptional days trading this year. You can watch the recap that Brian and I posted here. Last night, we had a … Read more
Dear Traders, Yet again we have had an amazing trading day. News has come in that the Senate has agreed to a $350 billion package on clean tech. PLUG and RUN and some other clean tech names were strong. I myself traded AMD and PLUG, Thor did some excellent trades on AMD, and Brian traded … Read more
Dear Traders, Happy interest rate hike day! Today, the Federal Reserve, your friendly central banking system, is raising the interest rate by 0.75%, and the prognostications about what Chair Jerome Powell and friends will do in September are what investors are watching. I had an amazing morning that helped me cover the trading losses of … Read more