Electric vehicle mania is well under way! Silicon Valley-based $TSLA and Shanghai-based $NIO are moving higher and higher and providing us amazing opportunities for trades. Even after its stock split, Tesla is going higher, although the market is in the middle of a pandemic and the economy is slow. Nevertheless, Tesla is still making all-time highs. Day trading celebrity, Dave Portnoy, has suggested that Elon Musk should keep splitting his company’s stock in perpetuity. He tweeted on Monday: I think @elonmusk should split $tsla again tomorrow and the day after and the day after. And after. Infinity splits. That wouldn’t be bad...

Everything in our lives is based on rules. Think about it for a minute. Remember being a kid? Think about some rules your parents were diligent at enforcing. Think about your time at school, your time at university, your job, your city, etc. I bet you can think of many rules in place in each of those settings, but do you ever wonder why there are so many rules? Imagine your workplace without any rules. Would you wake up and get yourself to your job for 8:00AM? Would you finish a report on time? Now think about an entire society...

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 learned that...

Dear traders, I would like to invite you to the next seminar in our Success Workshop Series: Trend Trading Part 1. Our distinguished guest is Ed Martin from Average Joe Trading. I have known Ed for almost five years now, and have been following his trades and recaps almost every day. They are highly educational and always include a lesson in trading and psychology, not to mention they’re also funny. Watch one of BBT’s interviews with Ed from last year here. See my picture below with Ed and fellow BBT trader Shahin on the night before our Clearwater Beach meetup last...

Dear traders, Please accept my sincere apologies for not trading this week. As the U.S. market opens at 3:30am here in New Zealand, it is very hard for me to trade. Originally I planned to wake up at 3am, trade until 5am, then go for a run and hike. But except for one day, I have not been able to wake up this early. I am simply too exhausted to trade during those hours. Last week, when I managed to wake up at 3am, I didn’t know if I should go with coffee or booze; at 3am you can go either...

Dear traders, This week I will be in New Zealand. I invite all of you to join next week’s Success Webinar (February 12th) with distinguished guest Mike Bellafiore, co-founder of SMB Capital, a top proprietary trading firm in New York City. Mike has authored several best-selling books including One Good Trade and The Playbook: An Inside Look at How to Think Like A Professional Trader. His new book, “How to Become a 7 Figure Trader”, part of the Wiley Trading series, will be released August 11, 2020. Make sure to pre-order his book here. The topic of next week’s Success Webinar is of...

Dear BBT Family, We invite all of you to join the next event in our weekly Success Webinar Series scheduled for Wednesday Jan 29, 2020 at 8 pm EST. The seminar is entitled “An Intro to Day Trading Options” and will be presented by Andrew and our very own member, Nas. Nas has traded with our community for quite some time. Although he still trades equities at the Open, he has also learned the benefits and advantages of day trading options which include more tightly controlled risk and an overall more efficient use of buying power. He shared his approach to...

Dear traders, I hope everyone enjoyed last week's Success Webinar with Aiman, How to Trade Different Types of ABCD Patterns. Right away, we received so much positive feedback. Just the day following the webinar (Thursday, Jan 16), Mark, a trader in our community emailed me and said he had taken three trades that day based on what he learned from Aiman! Read his feedback: "Good afternoon Andrew, I just want to give a huge shout out to Aiman for his webinar class last night. As you know I am a new lifetime member and have just recently gone live. I took three...

Dear Traders, Last week, we hosted Rande Howell for our weekly Success Webinar. For decades Mr. Howell, a trading psychologist, has made significant contributions in the field of decision-making as applied to this unique profession. If you would like to learn more about him, please check out his website here. If you enjoyed Mr. Howell’s presentation, please send a thank you note to him. He was generous enough to provide his time to our community without expecting anything in return. The video of the webinar has been uploaded to our Media Center and can be found here. For this week, we cordially...

Dear Traders, I hope you were able to spend some time with family and friends over the past week. As you know, I have been running and hiking in Chile. I just finished my last run of this year, and in fact this decade, by completing a half-marathon circle to the base of the famous "Three Towers of Paine" in Torres Del Paine National Park. It took just over four hours. See some of my photos below, or on my Instagram page here. Although I didn’t trade last week, I heard the chat was very active and there were some great trading opportunities...