Dear Traders, What an unbelievable start to the year. As I wrote two weeks ago, this could have been the start of the next bull market, that hopefully would last for another 10 years. Only in 2023, according to TradingTerminal.com’s Normalized Market Performance tracking, Nasdaq is up over 17%, IWM 14%, and SPY 9%. Today, Dow Jones’ companies were red, but growth stocks such as IWM and QQQ were rallying hard. What is happening in...

Dear Traders, Many of you who follow me know that I suffered a big loss last year on TNA. But many do not really know what exactly happened and how much I lost. I lost almost 2 million dollars in 2022! That was the first time I cried over money. Two million dollars is a lot of money, even for me. I made some huge mistakes trading overleveraged in a bear market, and I ignored...

Dear Traders,MSFT earnings had a significant impact on the market. Their earnings were great, but their guidance for the future was gloomy, and that caused their 5% gain to evaporate and the market to gap down. Nevertheless, the market’s volatility continues and we saw a big bounce in the market in the afternoon. This level of market volatility is just amazing!Brian and I had a great day trading NVDA, AMD, and TSLA. Given that they...

Dear Traders, It was an amazing trading day with our community in the chatroom! AMD went up 10%, NVDA went up 8%, and TSLA went up 8%. You can watch the recap that Brian and I posted here. As I wrote last week, the market is cooking something. Everything seems to be a buy these days. Why is the market going up?Spotify has become the latest tech giant to be linked with job cuts. I woke up...

Dear Traders,There are some big things happening in the market these days. The retail sales number came in yesterday at -1.5%. Considering inflation is at 7%, this reflects a significant drop in consumer spending. The economy has cooled down, and consumers have backed off. The market sold off and continues to sell off.Today, the market was extremely choppy at the Open, and I had a few bad losses on TSLA and Amazon. Although there is...

Every successful trader has a method for locating “Where” the best setups are going to be found. For some traders, that method is based on pivots. In tonight’s webinar, Thor will discuss this amazing predictive indicator in fine detail. ...

Dear Traders,Happy MLK Day (one day late)! I hope everyone had a great long weekend. Today, Jarad and I traded TSLA and NVDA, and I also traded options on Amazon and NVDA. I had a very nice day, and I hope you will get a chance to review my trades in our recap on YouTube. Today, we are holding a very important webinar by Thor on the subject of Volume Price Analysis. It is essentially a...

Many traders believe that the volatility during the Open makes it the best time to trade. While that is true for some traders, other traders find trading into the Close to be their most profitable strategy. Join Peter as he discusses his 1 to 10 trade that unfolds 10 minutes before the market Close. ...

Have you ever wondered why you just cannot seem to achieve your money goals in trading? Well, it could be because you are listening to the wrong people when it comes to money. This can lead to you not giving yourself permission to achieve your money goals because they go against what you have been told. In this webinar, Mike will show you how to identify your history with money to determine if you have...