Join Thor in an insightful webinar where he demystifies the fundamentals of Trade Evaluation. Emphasizing the crucial aspect of self-reliance in the trading process, Thor will delve into the significance of building trust within oneself as the primary trading partner. ...
Dear Traders, Today in the chatroom, we witnessed something truly remarkable! The market started with heavy selling at the opening, and around 9:45 am, both the bond market (such as $TLT) and stock market indexes like $SPY and $QQQ saw a sudden bounce with significant volume. Interest rates dropped significantly, and it felt like something had fundamentally shifted. I was not in any trades at the moment, but when I saw the bounce in $TSLA and...
Dear Traders, Today was an eventful day in the chatroom. Avi casually made $15,000 trading $NVDA calls, while I managed a $5,000 profit trading Tesla and NVIDIA, and Ardi sold puts on $NFLX at $380 for Oct 20th. If you'd like to see how we tackled the morning action, check out our YouTube channel.My goal is to reach 100,000 subscribers by the year's end, and I genuinely hope you'll consider subscribing to our channel! But before we...
If you've been actively engaged in trading over the past few months, it's likely you've encountered challenges that have demanded greater discipline and selectivity in your trade entries and exits. During this time, it's probable that you've delved deeper into the intricacies of market behavior and have gained insights into your own tendencies and blind spots, which has also been my personal journey. In our upcoming webinar, Dr. Reid will be revisiting some of Mark's...
Dear Traders, We have been seeing some remarkable market volatility. Today, the market experienced a significant drop due to stronger-than-expected retail sales numbers, indicating that consumers are still spending robustly. This suggests that the economy hasn't slowed down enough to cool down inflation, which, once again, means higher interest rates for longer periods. Everybody is sick of this inflation and interest rate game I am sure. The market didn't react favorably to this news and saw a...
Dear Traders, I've returned from my two-week journey across South East Asia, the Middle East, and Europe. During my end of travel, I had an exciting meetup with fellow traders in Northern Italy, near Milan. We delved into their trading journeys, how our community has supported their growth, and topics beyond the basics of trading, such as options trading, taxes, and even lifestyle and motivation. Ardi's Kindle book is now available for FREE on Amazon, if you...
It’s easy to trade profitably when the money is only paper. It’s easy to think you’re in control. But the moment that the money is real the game changes. Suddenly, your Caveman Brain feels threat to its biological existence – it’s not risk management now. So, when the trade goes against you, your Caveman Brain starts fighting for its very life. This is your ancient emotional nature overwhelming your Thinking Brain. And this is the...
Hello Traders, As you all know, I have been traveling for the past few weeks in Vietnam and Dubai, and now I am at my final destination: Switzerland. I came here to see my really good friend and research partner Carlo Zarattini to test some new strategies and potentially write a few more papers and a book. Carlo was a quant for some of the biggest hedge funds in the world and his team currently engages in...
Dear Traders, I am writing this newsletter from Dubai, where I am staying for a few nights to visit my family. The market opened down due to the unfortunate incidents occurring in the Middle East, however, now it's displaying some positive momentum, with all indices in the green. Today serves as another reminder that the real "winners" of wars are those who produce weapons. Lockheed Martin ($LMT), one of the largest defense contractors in the US, is up...
When it comes to day trading, traders often wonder which indicators hold the most significance and how to enhance their intraday decision-making process. Bookmap, a state-of-the-art trading platform, offers a solution by providing a visual representation of market liquidity and invaluable insights into the order book. Developed by Bookmap experts and senior traders, several essential indicators have been scientifically designed to assist traders in their decision-making journey: · Stop & Iceberg Indicators · Absorption Indicator · Liquidity Tracker · ...