I hope everyone had a good and relaxing weekend. We had an amazing day in the chatroom trading $AMC and $JD. Don’t forget to watch my recap and, if you have not already, please take a moment and subscribe to our channel so that we can grow it to over 100,000 subscribers and thus be eligible for verification by YouTube.
As for the market, it is slowly grinding up toward an all-time high. The Russell 2000 index (IWM) is still lagging, but SPY and QQQ are continuing to show strength.
A friendly reminder that we have an Alaska meetup scheduled for August 13 to 20, 2021. Norm and I, and possibly Peter and Brian, are heading north for a few days of fishing, hiking, and connecting with Yung and Greg, two of our traders in Alaska. I visited them in 2019 for a skiing trip, and we had such an amazing time. I hope to see some of you in Alaska next month. Please, RSVP through our forums by clicking here.
Again this week, we are offering several important webinars. The full list of upcoming webinars can be found here.
Monday Onboarding for new members with Mike and Carlos will be held at 8pm ET in our classroom (everyone is welcome). Our Monday Technology and Advanced Tools class, with Kyle, will follow at 9pm ET in the classroom. The topics covered in Kyle’s class each week are chosen by our members and can vary greatly. The discussion may focus on trading platforms, scanners, DAS Trader Pro, Stream Deck setups, or virtually anything else related to technology and the tools of trading.
Tuesday Strategy this week will feature our very own Peter, the unofficial head of HR for AMD Overtraders, and also the one and only person who keeps me on track with regard to not using certain “F” words. Peter also works hard at preventing Brian from making “Yoohoo” voices when scalping. Seriously though, Peter has been an amazing partner with us, and we are blessed to have him present an important webinar this Tuesday on position sizing, which is one of the most important elements of trading consistency. In his webinar, Picking the Right Share Size for You, he will discuss 5 different proven and tested methods you can use for picking your share size. Peter will review their pros and cons and provide you with a risk analysis of each style so you can effectively figure out how to select your own perfect share size. Don’t miss this webinar! It starts at 8pm ET.
On Wednesday Psychology, we are holding yet another one of Dr. Jonathan Katz’ very well-received town halls, and this time with two of our best traders, Thor and Jarad! During this town hall, Dr. Katz will interview Thor and Jarad regarding their respective trading journeys. Dr. Katz’ forum begins at 8pm ET. You’ll enjoy getting to know more about 2 of the moderators from the Bear Bull Traders team.
On Thursday Mentorships, as always, I will be running the morning session at 11am ET and Thor will be leading the evening session at 8pm ET. All Elite members are welcome to join us. Last week, we developed a TradeBook for 9/20 trades, and it can be downloaded from the top right side of the Webinar room folder.
On Friday Crypto, Jarad will review and provide an update on the cryptocurrency markets as well as discuss trading and investing opportunities. With a new wave of bull movement in Bitcoin, we are expecting more volatility in the crypto sector. Bitcoin finally broke out of its trading range of $30,000 to $33,000 and is now trading at close to $40,000. Do you see it soon at $50,000? Don’t miss Jarad’s mentorship session at 11am ET this Friday.
As ever, I can be reached at [email protected] or you can just simply reply to this email.
To your success,
PS: Carlos’ father is not feeling well, and he spent the day in the emergency room. I am sure many of you missed Carlos in the chatroom. I certainly did. If you are in touch with him, please send him a heartwarming note. I lost my father when I was young, and I totally understand the difficult time that Carlos and his family may be going through right now. All of us at BBT wish Carlos’ father the best of health in addition to strength and comfort for his entire family.
PS2: As you know, we have launched an Options course in our Education Center. In tandem with that, we are pleased to announce that we are offering 50% off on the first month of an Elite membership. It’s only $99 for the first month and as an Elite member you have access to all future and recorded webinars in our Education Center (including our new Options course). If you are interested, simply click here, or use the discount code OPTIONS50. Don’t forget, we have a 7-day “no questions asked” refund policy. I look forward to seeing many of you as our newest group of Elite members.