Day Trading Success

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,...

Hello BBT community, I hope you’ve had a great first week of June. If this week has taught us anything, it is that the markets are future looking: they are more concerned with what is about to happen rather than what is happening at the moment. The market had an incredible rally, which was primarily due to the release of far better than expected economic data. The U.S. economy added 2.5 million jobs for the month of May, signaling that the recovery is on its way. This news was significant enough that the money managers reallocated some of their assets from...

Hello BBT Community, I hope you are all well and have had a green week. This week marked the last trading week in May. Yes! We are officially 5 months into 2020. Whether you had a good month or not, there is an old saying on Wall Street that some of you may have heard before, “Sell in May and go away.” I know many of you want to know if there is any truth to this. Well, the S&P returns for May of 2017, 2018, and 2019 were +8.0%, +2.4% and +3.1%, respectively. Despite the market sell-off this Thursday, we...

Hello BBT community, I join with our American traders and friends this Memorial Day weekend in honoring those who sacrificed their lives for all of the freedoms we enjoy today. Regardless of where you call home, whether it is in the United States or elsewhere, I hope you are well, safe, and of course keeping it green going into this weekend. This was an important week for the markets, as many companies in the retail sector (such as Walmart (ticker: WMT), Home Depot (ticker: HD), Target (ticker: TGT) and Lowe’s (ticker: LOW)) reported their Q1 earnings. 70% of the U.S. Gross National...

Dear traders:We are seeing a crazy market these days. Airlines are selling off and marijuana companies are ripping higher. The market is telling us this: people do not travel anymore but they do smoke pot! All jokes aside, this week we had an amazing presentation from one of our members, John Hiltz. His talk was entitled: Insights from A Newly Successful Trader. He shared an amazing and inspiring story with us on how when he began trading live, he experienced a horrible first two months (October and November 2019), but for the last few months he has been in the midst...