While becoming a successful trader is a long journey complete with many triumphs, your learning curve will also undoubtedly include many setbacks. Oftentimes, it is difficult to tell if you are making forward progress and you may begin to question if you are on the correct path. Your trading may only require a minor course […]
Dear Traders, Happy Cyber Monday! I will start this newsletter with a few important reminders. Firstly, one of Ardi’s books is now available for free on Amazon. If you would like to have a copy, please check it out here. Both Ardi and I would be very grateful if, after reading it, you would take […]
What are data-driven trading methodologies? “Cloudquant” posted on reddit some time back: “Three truths of data-science: 1. Past performance is not what we care about. We care about future performance. 2. Past data is all we have to learn from. We don’t have future data. 3. Not all aspects of past data are equally likely […]
Following up to the seven consistency killers webinar, Dr. Reid will be discussing Mark Douglas’s 7 consistency rules and how applying them can improve your trading.
Dear Traders, I am back in the Vancouver office after traveling to a few different cities and continents including Toronto, NYC, DC, Doha, Kilimanjaro, and Istanbul. I will be trading from the office until our big meetup in Vancouver + art EDM music event, the latter being put on by some of my friends in […]
Dear Traders, Hello again from Istanbul, Turkey. I am looking forward to coming back home to Vancouver next week and to finalize the preparations for hosting all of you in two weeks! I made some really good trades today, and in particular with LCID and MRNA. I also did not repeat yesterday’s mistake and was […]
Mistakes and losses are an inevitable occurrence on the path to becoming a consistently profitable trader. However, with the right skills and mindset, they don’t need to turn into red days or runs of red days. The secret to long-term trading success is to build the skill of resilience. When you have the ability to […]
In the first workshop of this two-part series, we decode the root of your trading pain points. CrĂ©de explains the common root causes of specific trading challenges and coaches a small group of traders through uncovering what is behind their deviating from their trading plan. At the end of the workshop, CrĂ©de sets a practical […]
Dear Traders, Hello from Istanbul, Turkey. I am here in this beautiful and ancient city visiting some family members and (of course!) traders. I will be back in our Vancouver office next week, but for now, enjoy a picture of me sitting below Kilimanjaro summit trying to catch a short on Lucid! Thanks to the […]
Dear Traders, I am writing you from my base camp at Mount Kilimanjaro in Tanzania. It was absolutely beautiful to observe the sun rising (at 6am local time) from “the highest mountain in Africa and the tallest freestanding mountain in the world”. It truly is an incredible experience being here on Mount Kilimanjaro! It deserves […]
Dear Traders, Thank you for reading another email from me, two days in a row. First and foremost, I want to acknowledge Veterans Day and pay tribute to those who have honorably spent their lives in service to their country. I especially want to mention my good friends and colleagues, John and Mike. Thank you […]
Dear Traders, I am writing this letter from Doha, Qatar, as I make my way to another mountaineering expedition. I had the chance to trade TSLA and AMD today with Brian from my hotel room. Please watch our recap here. Doha has truly blown my mind. This city is incredible and they are getting ready […]
Higher volatility markets often attract traders as large price exploration and range expansion provide directional bias to exploit. Knowing the structure that markets leave behind in the form of ‘Gaps’ can provide additional edge for short-term levels and entry/targets, swing ideas as certain Gaps provide contunation and exhaustion, and can signal macro shifts in sentiment […]
Dear Traders, Because of an invitation from Peter Tuchman of the New York Stock Exchange, I spent Friday and the weekend in The Big Apple. It was a great visit. I received a tour of the floor and I was able to discuss some potential trading education opportunities. The massive influx of new traders since […]
We have all experienced rumination, critical judgement, and unkind comments in our self-talk. Unfortunately, there is no off-switch for this mental chatter. Fortunately, mindfulness can help us become aware of our inner dialogues and the weight we give them. This awareness opens up a space to choose to believe and engage with our inner talk […]
Dear Traders, If you ask Americans what their favorite Constitutional Amendment is, you will no doubt receive different responses depending on who you ask. If you ask Norm, for example, the answer is obviously the Second, protecting the right to keep and bear arms. Should you ask Peter, if he was American, he probably most […]
Time to be honest with yourself. If your equity curve is not sloping upward, then you probably do not have a strategy that is meeting your trading goals. So, with multitude of strategies out there, how do you find one that works for you? In this webinar, Mike will discuss a process that helped him […]
I thought I would share my 3 year story, and lessons learned with you. Today, I have a great side business, day trading along with you (and team). However, it did not come with extremely low lows, and high highs. Now that I feel somewhat more experienced, I realize that the journey I went through […]
Dear Traders, What a crazy morning to wake up and find several stocks gapping up with heavy volume. But the prominent news of the day was Hertz ordering 100,000 Teslas in what Bloomberg has called a “car-rental industry shake-up”. Tesla gapped up significantly and moved toward another all-time high of $1,000. Please watch the recap […]
There are two primary forces operating in the market: mean reversion and trend. Both operate simultaneously, but it helps to know which of these factors is dominant. Moreover, traders tend to have a personal mindset bias for one or the other behavior, meaning we tend to imagine/expect breakouts or reversals. In this webinar we will […]