Last week, Elon Musk announced that he will no longer accept Bitcoin for Tesla purchases, allegedly due to the “… rapidly increasing use of fossil fuels for Bitcoin mining and transactions …” Much of this mining takes place in China, but in all honesty, these environmental issues have been known for quite some time. Musk’s … Read more
Dear Traders, Mike Baehr and I are delighted to let you know that we have just published our next work together: Introduction to Trading Psychology: A Practical Guide to Improve Your Trading Psychology. This book is very different from our previous publication, Mastering Trading Psychology, as in this book, Mike describes the foundation of building … Read more
As Dogecoin’s price was not able to move toward $1 after Elon Musk’s Saturday Night Live event, Elon once again doubled down on his push for pumping Dogecoin, a currency that he himself has agreed in an interview was initially created as a joke. Nevertheless, he is ambitious. He would like it to become the … Read more
I am writing this week’s newsletter from Ecuador. I found I needed to get out and do some climbing, and except for Nepal and Ecuador, the majority of international climbing destinations in the world are still closed to foreign climbers. These include places such as Chamonix (France), Peru, and Chile. Therefore, here I am, back … Read more
The market did not like April 20th, and SPY unfortunately did not hit $420. As a matter of fact, we saw a significant weakness in the marijuana sector today, with stocks such as APHA and TLRY down over 8%. A big welcome to all new members who are touring the community. Do not forget, our … Read more
As of Sunday, the Suez Canal is still being blocked by the notorious Ever Given ship. Several memes posted on Twitter last week explained how to go about solving this problem. According to memes, it should be easy. I don’t understand why it is taking so long for the Egyptian authorities to fix the issue. … Read more
I am back in a city I proudly call home: Vancouver, BC. With spring just around the corner, it is gorgeous here. Thank you to everyone who came to visit Jarad, Norm and myself in Dallas, TX, and then myself in San Francisco, with both events being held on relatively short notice. I am humbled … Read more
Please note that the market is closed on Monday, February 15, in observance of George Washington’s birthday (the Presidents’ Day federal holiday). George Washington, a founding father of the United States, is certainly one of my favorite and most respected historical individuals. His vision for democracy and separation of powers in the newly found republic … Read more
In this week’s Strategy webinar, Carlos and I hosted a one-hour town hall meeting with Andy Kershner, CEO of Kershner Trading Group. With hundreds of traders, and offices in NYC and Austin, they are one of the most successful proprietary trading firms in the US. Our last question to him concerned the advice he would … Read more
Dear Traders, First of all, our amazing #BBTWomen held their first happy hour led by Tiffany last week. We have a private exclusive support channel for our amazing ladies that I encourage every female member of our community to join. Simply email [email protected] and she will provide you access. Speaking of amazing traders in the … Read more