Bitcoin and cryptocurrency experienced a massacre over the weekend, with Bitcoin dropping over 50% from their all-time high of $64,000. The world of crypto is scary these days. Unregulated exchanges give novice traders virtually insane leverages such as 1:500. These exchanges thrive on expensive commissions and encourage inexperienced traders to over trade. Part of the sell off over the weekend can be attributed to these highly leveraged traders who do not know how to manage...

Last week, Elon Musk announced that he will no longer accept Bitcoin for Tesla purchases, allegedly due to the ā€œā€¦ rapidly increasing use of fossil fuels for Bitcoin mining and transactions ā€¦ā€ Much of this mining takes place in China, but in all honesty, these environmental issues have been known for quite some time. Muskā€™s big gamble on Dogecoin and his failure to mobilize its move toward $1 has led to significant criticism. At a...

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 a successful career in trading based on the three essential pillars of technology, strategy, and psychology. While technology and strategy may seem...

In this webinar, Andrew will discuss how he has set up his trading station at home and also how he goes about trading while traveling. In addition, he will share what he is monitoring on each screen that he has, how he narrows down his Stocks in Play, and what he looks for in a setup. Andrew will then walk you through his mental and thought process before, during, and after taking a trade, and...

As Dogecoinā€™s price was not able to move toward $1 after Elon Muskā€™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 worldā€™s primary currency! Musk announced his plans to name the next SpaceX shuttle Doge-1 and he is certainly keen to...

I am writing this weekā€™s newsletter from Ecuador, where I have climbed several high altitude volcanoes including Cayambe (which is at 19,000 ft (5,800 m)). I can definitely say that Cayambe had one of the harshest environments I have ever been in. Iā€™ve recorded this video for those of you who are interested. I plan to scale another very big peak and then I will be heading off to Austin, Texas for our meetup with traders...

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 in beautiful Ecuador. Although I did climb here in December of last year, there is still much to explore. This week we...

I am honored and delighted to let you know that Investopedia has recognized Bear Bull Traders for offering the ā€œBest Overall Day Trading Course of 2021ā€, next to and above many other excellent trading communities. I want to sincerely thank all of the traders in our community as well as our leadership team. Investopedia is a long-standing financial media website that provides unpaid and unsolicited yearly reviews of trading courses and schools. We are honored! In...

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 onboarding and technology class (with Carlos, Mike, Kyle, and myself) is scheduled for every Monday at 8pm ET in the classroom. We...

Losing is an inherent part of the trading and can be difficult to handle for many traders. Mike will discuss the methods of how to quickly identify your trading problem and do a hard reset to get back on track. Lastly, a losing streak can impact your mindset, Mike will explain approaches to regain your emotional capital and improve your mental resilience....