Tariffs Hit & Stocks Plunge!

Dear Traders,

The markets are wild today! The White House just dropped a 20% tariff on China, and tariffs on Mexico and Canada kicked in as planned on March 4. No surprise—stocks are reacting badly. SPY is now trading below pre-election levels, and NVDA took another brutal 8% hit yesterday and it seems like it finally found the bottom.

Unfortunately, I didn’t manage my risk on TNA again, and I’m down over $45K on it. It seems like my biggest $2 million loss story is happening again. This is exactly how it started back in 2021 when I didn’t take a loss, and it kept going down. For now, I’m holding a position in TNA that is still dropping—with leverage—which is very dangerous.

But it wasn’t all bad! Yesterday, in the live chatroom, we caught some awesome trades, including a solid bounce on NVDL (x2 leverage of NVDA) at $41.30 and today I had two amazing trades on NVDL and TSLL (x2 leverage of TSLA).

The market’s crazy, so stay sharp and manage that risk. Let’s see what tomorrow brings!

Lastly, we are going to increase the Live Trading Summit prices Next week. If you haven’t secured a spot, do it this week for a better price.

Join 2025 Live Trading Summit

To Your Success,

Andrew