Dear Traders,Today the market continued its sell-off as investors desperately search for a return. In a recessionary environment, the market has no reason to go up, but it has a good volatile path of choppiness. I hope the market stays like this: choppy but extremely volatile. Economist had a nice cover talking about how investors are stuck in finding a return. Today was an amazing day-thanks to Brian for helping me find META and short TESLA! Watch our recap here. Also in today's...

Dear Traders,Market volatility continues within the Chinese sector and, of course, as usual, with Tesla Inc. Finally, the Communist Party decided to ease their zero-COVID policy, a policy that was obviously failing. I called this last year. I’m not sure why the party did not get it. BABA has gapped up beautifully. Today, in the community, we had some very good trading on BABA and TSLA. The breakouts were clean with a bullish Level 2...

Dear Traders,Today, Chinese-based stocks were gapping up, and I had one of my best trading days in 2022 on XPEV, as the Chinese electric vehicle maker soared. The recap is full of educational material, with a focus on trading based on Nasdaq Level 2 signals. I hope you enjoy it, even though the quality is a bit low as I am traveling and using my traveling laptop. Here’s a link to today’s recap. Elon Doesn't Want...

Dear Traders, The market dropped significantly yesterday as St. Louis Fed President James Bullard — one of the central bank’s most hawkish officials — said he thinks “markets are underpricing a little bit the risk that the FOMC will have to be more aggressive rather than less aggressive in order to contain the very substantial inflation that we have in the US.” Essentially, he is telling investors to not get their hopes up! I had some good...

Dear Traders,Andrew from Dubai says hi, and wishes you a great Cyber Monday! I am in Dubai, where we had a big meetup on Saturday. I met many of our exceptional traders and was impressed with their stories! The market was in turmoil this morning as news of people protesting against more restrictions in Shanghai and other large Chinese cities worried investors. Chaos in China The Communist Party needs to rethink their zero-Covid policy. It has been...

Dear Traders, These days, the only things that are on the minds of people in the financial sector are the crypto crisis and the collapse of FTX. The amount of carelessness and lack of oversight is just unbelievable, especially for the United States. Former CEO Sam Bankman-Fried, aka SBF, published a series of weird tweets that combined apologies for his failings with his perspective on what went wrong at the companies he founded and ran. “We...

Dear Traders,I hate to say this, but overall, I think serious investors are happy that FTX has collapsed and that the crypto market has gone into a big winter. Almost by definition, something has to break or be broken in order for the Fed to actually pivot and start easing down their monetary policy. In this current business cycle and tightening, not everybody can or should come through alive. By definition, someone is “not gonna...

Dear Traders,The crazy market volatility is continuing with a lot of potential for traders! I am back in the office now before returning to Dubai for our big meetup. Please RSVP your attendance here! Ardi from Canada and Aiman from Russia will be joining us for the meetup. The outcome of the meeting between Biden and Xi exceeded the low expectations of most people, with the two sides agreeing to resume cooperation on issues including climate...

Dear Traders,I am flying back to Vancouver from Dubai today and missed trading, but once I am home, I will be trading from the office and getting ready for a week of mentorship at Peak Capital Trading. This morning, Thor and Brian traded live, and both had a good day. You can watch their recap here. Sometimes I ask myself whether any of the people who I encourage and inspire to become a trader actually succeed...

Dear Traders,The market is amazing for traders these days! I am so happy that I survived to see all this volatility! QQQ ripped higher - over 7% in one single day! TQQQ is up over 23% in one day. The inflation numbers came in better than expected, the USD is dropping, and the market is ripping. I unfortunately missed trading on Thursday, but today was incredible with META and BABA. You can watch the recap...