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 explores goal -setting through the paradigm of ‘process, performance, and outcome goals’. When you set effective goals, the need for willpower decreases. The process of … Read more
Trading the Open can be risky and challenging. The Rising Devil and Fallen Angel strategies can help you bring structure and profitability to your trades made at the Open. In this webinar, Brian will cover how to identify, execute, and manage these types of trades. Detailed technical information and ‘live’ examples will be provided.
This webinar will discuss the efficacy of Bookmap (BM) when utilized alongside DAS Trader Pro and BBT’s preferred day trading strategies. Kyle will review BM’s general configuration panel as well as the differences between the ToS (thinkorswim) and BM platforms. In addition, Kyle will provide a thorough analysis of how you can best employ BM … Read more
Most aspiring traders have a timeline for their trading journey, that is a tad unrealistic. Even with the best mentoring, traders cultivate competency via an ‘organic’ developmental process that can’t be rushed. In this webinar, Dr. Reid will present two developmental models that will help you identify what stage you are presently at, what your … Read more
Thor and I did some amazing things together this morning. I went long on most of the Stocks in Play, including AMD, NIO, and SOXL. Thor shorted everything he traded (SPY, BABA, and AMD). Both of us were profitable and happy while we were trading in the same market and at the same time. You … Read more
Dear Traders, As I am writing these words, crypto’s death spiral continues, with Bitcoin below $27,000. Everyone is now looking for the person responsible to point fingers at. To me, this crash was caused by tech bro hubris and degenerate gamblers who were pouring money into tokens named after dogs, digital drawings of monkeys, and … Read more
Dear Traders, Happy Inflation Report Day! The market was gapping up significantly in the pre-market, but after the report of 8.4% inflation data YoY in April 2022, it lost all of its gains. Nevertheless, as the market digested the numbers better, it is currently trending higher. We need a day to see exactly how the … Read more
Dear Traders, As I am writing this newsletter, it’s been a good day for stocks (so far). Gains across Europe extended with most equity indexes recovering roughly half of Monday’s selloff. Gains are broad based, but led by the construction, auto, and banking sectors. We’ll see how the US has done later today. The majority … Read more
Dear Traders, Welcome to another episode of financial tightening volatility of the market. We have strange days for trading and there’s amazing volatility each day. As I am writing this newsletter, the market has gapped down another 2% and shows no sign of strength. This market has been a nightmare for investors but a paradise … Read more
Dear Traders, Andrew is headed out on his next adventure, running a 65K (40 mile) ultramarathon in the Azores. Since he was traveling today, Thor hopped in to cover the Open with Brian. The earnings season continues. We’re seeing an exceptional amount of volatility in the market, the likes of which we really haven’t experienced … Read more
Join Carlos as he covers how to identify key levels of support and resistance while analyzing trading charts. Followed by a Q&A to help you setup your pre-market analysis routine.
Dear Traders, The earnings season is still going wild this week. The ridesharing companies are the latest prey of the bear market. Lyft collapsed over 40% amid reports of a struggle to find drivers. Uber couldn’t escape from the bears either, now down over 10% as of the writing of this newsletter. AMD reported earnings … Read more
Dear Traders, My apologies for missing the trading day yesterday, but I know you all had a treat when Brian and Thor traded the Open session. Today, the market opened flat, but I managed to end the day green after 3 small losses on AMD. That is the perfect example of why it’s important to … Read more
Dear Traders, Our bear market is still hungry, and yesterday found its new prey and ripped apart the giant Amazon. It’s down over 12% in trading as I am writing this newsletter. Here at BBT, we traded AAPL and AMD very nicely and I posted my recap in our YouTube channel. Let me know in … Read more
Dear Traders, Volatility in the market continues, and the Putin-inflation bear market of 2022 continues to wipe out the wealth and fortunes of investors big and small. This bear market is hungry and it is looking for its next victim after Netflix, apparently has found it: Tesla. As I am writing this newsletter, Tesla is … Read more
Dear Traders, The market collapsed yesterday with QQQ being down over 5% in one its worst days since the pandemic. Tesla was down over 12% to below $900 levels. I guess the universe decided to send Elon Musk a message because it did not like how he made fun of Bill Gates on Twitter for … Read more
In the previous session, the discussion centered on breaking down how volume affects candle formation. Tonight, with market making in mind, Thor will focus on value and how volume establishes value areas over time.
Dear Traders, Crazy market volatility continues as I write this newsletter. In the chatroom, we made some amazing trades on $TQQQ and $AMD, thanks to my good friend Brian. You can watch our recap here. You will see that it was a nice and successful day for me too! The market in Asia is melting … Read more
Dear Traders, This morning, I had another trading loss because of choppiness in NVDA. Brian had a much better morning than I did, as his $200 Netflix puts expired today and he made literally tons of profit. You can watch the recap that Brian and I posted here. Thankfully, my trade in Tesla was better, … Read more
Dear Traders, This morning, all of the Stocks in Play started off very slow and it did not look like it was going to be a volatile day, but then the market overall and the semiconductor sector in particular began a huge rally and, as of the time of writing this newsletter, QQQ and IWM … Read more