Blog

Blog

Blog

Dear BBT Family, First and foremost, I do apologize for missing trading on Monday. I heard Thor and Brian led the momentum trading discussion, and that they did an amazing job! As some of you saw on my Twitter and Instagram, I was climbing in the Tantalus Range, about 37 miles (60 km) north of Vancouver, near the District of Squamish, on the road to Whistler. When I was working on my PhD at the University of British Columbia, my office in the Chemical Engineering Department was on the 6th floor and my desk overlooked a glaciated mountain range. I soon...

Dear BBT Family, First, my apologies for not trading on Friday. I was climbing at Mt. Assiniboine, which in my humble opinion is the most beautiful mountain in the world. It is located in Assiniboine Provincial Park, on the British Columbia side of the Canadian Rockies. Its access is primarily limited to helidrop only, and that makes this place a diamond in the rough. Mt. Assiniboine is known as the Canadian Matterhorn, which itself is a majestic peak overlooking Zermatt, Switzerland. Part of the beauty of Mt. Assiniboine is that there have been only 3 people who have climbed it this...

Dear BBT Community, Success in the financial markets comes from having consistently large profits while maintaining consistently small losses. There is no other secret sauce or magic formula. The randomness of the market is decisive. It often will reward bad habits and sloppy trading by offering large profits to gamblers. It may often seem to you that the market rewards impulsiveness and punishes disciplined traders. The only way to bind your risk management, technical knowledge, and psychology together is to maintain an excellent journal and record of your trades. The trader and psychologist, Dr. Alexander Elder, says: "Show me a trader...

Dear BBT Community: First and foremost, please join me in welcoming Tiffany to the Bear Bull Traders team. Tiffany has been trading with us for over 3 years, and her recaps show what a great trader she is! We are all excited to have her join us! If you wish to welcome Tiffany yourself, please feel free to contact her at [email protected] I would like to invite you all to the first Success Webinar by our very own Jarad: Different Days, Different Ways – Identify and Maximize Trend Days Date: July 15th, 2020, 8pm ET Webinar Room Jarad is amazing. He is a successful 6-figure full-time...

Dear BBT Community, I have an important announcement to share with you today, as well as some news, so please forgive me for this longer than usual email. Firstly, I would like to invite you all to our Success Webinar this week, featuring our very own Peter: From the Beginning: Setting Up a Training Plan Wednesday, July 8, 8pm ET Webinar Room (lifetime members only) In this webinar, Peter will review a recommended training plan for your first few years of trading. The plan is structured to allow you to successfully build your skills in order that you can become consistently profitable. Peter is someone who...

Dear BBT Community, First, I would like to wish a Happy Canada Day to all of my Canadian friends and family in our community. I came to this amazing country as an international student. The government of Canada offered me a generous scholarship, in the midst of a financial crisis, and supported me during my 5 years of PhD studies. It then accepted me as a permanent resident and now protects me as a citizen. I am forever grateful to my new home of Canada and its openness to not just trust a newcomer from a developing country, but to also...

Dear BBT Community, I will be climbing in the Canadian Rockies from June 27 to July 8. I’ll be certain to post pictures in my Twitter and Instagram accounts of my climbs as well as of the amazing beauty that the Rocky Mountains have to offer. Should you be in the area, I’d love to connect with you. I’ve posted this informal invitation in the forums. Let’s chat and find a day or two for a meetup. Please visit this forum post to RSVP. I would also like to invite all lifetime members to what I know will be a great webinar...

Hello BBT community, I hope it was an amazing week for you and that everyone reading this roundup was able to keep it all green. 84 days after the stock market hit rock bottom on March 23rd, the S&P 500 was up 44.5%. This is more powerful than the surge we saw after the Great Recession’s lows of March 2009. In addition, last week, the Nasdaq made an-all time high, the first such peak in the middle of a recession since November of 1982! As well, both the Consumer Price Index and the core CPI (this is the Consumer Price...

Hello BBT community, I hope you have all had a great week and were able to keep it green. What a crazy week it was on Wall Street! On Monday and Tuesday, the markets were up and it felt like the new bull rally had begun. By Thursday however, all hell broke loose and the market experienced a big selloff two days in a row. Let’s recap the week together. Monday was an amazing day for the market. The S&P 500 recovered all of its losses since March. Interestingly, there has never been a year where the S&P 500 dropped more than...

Dear traders, To be a successful and competitive athlete, you need to master what Nike calls the 5 facets of training: Movement, Mindfulness, Recovery, Nutrition and Sleep. I really believe that to be successful in any career or endeavor, you need these same 5 facets, albeit with a little bit of tweaking specific to the situation. There is nothing in the world more comparable to trading than highly competitive professional athleticism. Borrowing on the concept introduced by Nike, I believe success in trading comes from mastering these 5 facets: Technical Knowledge, Mindset (Mindfulness), Journaling (Recovery), Nutrition and Sleep. At Bear Bull Traders,...