Happy Electric Car Mania Monday! Over the weekend, Tesla released stronger-than-expected 2nd quarter delivery and production numbers, surpassing Wall Street estimates. Tesla saw a pre-market rise of over 5% and traded remarkably well. Brian and I took advantage of the Tesla Opening Range Breakout, trading it from $278 to $285. You can watch Brian and me recap the trade here, where we discuss Level 2 signals and our decision-making process when trading Tesla. We also traded XPEV,...

Dear Traders, Happy almost long weekend of the 4th of July! If I could go back in time and meet a historical figure, I would choose George Washington. He is undoubtedly one of the most influential figures in world history. George Washington played a pivotal role in shaping the vision of free speech and the separation of powers. As the first President of the United States and a key architect of the American Constitution, Washington recognized the significance...

Today, I have the pleasure of sharing a truly delightful letter that we received from one of our valued members, Ben. In his letter, Ben expresses his heartfelt appreciation for our incredible moderator, Peter, and the profound impact Peter has had on his trading journey. I couldn't help but feel compelled to share Ben's kind words with all of you, as they serve as a testament to the exceptional work that our moderators do and...

Dear Traders, This week has been frustrating for me and my trading. Both Apple and Tesla trades ended negatively today, and it seems this week will end in deep red for me.  Apple was particularly frustrating as it reached an astonishing market capitalization of $3 trillion at a price of $189.88. Breaking the all-time high around $199 was incredibly challenging, even though there was a significant ask at $190. I encourage you to watch the video of...

Dear Traders, When trading transitions from a mere game to real-life with actual stakes, the dynamics change significantly. Winning becomes crucial to prove oneself, yet losses continue to mount. The dislike for losing intensifies as capital dwindles. Although you may make some profits, they often slip away, and then some. What stands between you and your trading dreams? This gap between intention and action is where the struggle for success in trading lies. It requires mastering the...

Dear Traders, I hope this newsletter finds you well. I have some exciting news to share with the community! Our upcoming NYC event is shaping up to be an unforgettable experience. We have secured an additional day for touring the NYSE  exclusively for our NYC traders.  But that's not all - I'm thrilled to announce that renowned trader, Mike Bellafiore, will be joining us for a captivating presentation on day trading and scalping. The event just keeps...

Dear Traders, The bull market is in full force! Apple made a new all-time high, Tesla ripped over 7% higher, and the market is very bullish as of now. Many say this is similar to the bull market of 1998, and companies such as NVDA are like Cisco or other microsystem companies of the dot-com bubble era. I argue it is not, and this bull market has more length to it. In those days, those companies...

Welcome to the first part of our Price Action Mastery webinar series! In this highly anticipated session, Paras will lay the foundation for understanding price action and its significance in trading. Discover the art of reading price charts, identifying key support and resistance levels, and interpreting candlestick patterns. Join Paras as he unlocks the skill set of successful trading using price action analysis. Don't miss out on this valuable opportunity to enhance your trading skills. ...

Join Andrew as he dives into the captivating realm of engulfing cracks, the powerful indicators of reversals in the stock market. You will experience the exhilaration of momentum trading at the Open, one of the most dynamic and fast-paced approaches to trading. You will also gain invaluable insights into rapid decision-making, flawless execution speed, and the ability to swiftly identify strategic opportunities on your charts. ...

Explore three basic technical styles of trading: Breakouts, Reversals/Mean Reversion, and Trend Following. Join Dr. Reid as he dives into the psychological factors that shape our choice of a trading style. With traders seeking assistance in overcoming compulsive counter-trend trading and top picking during strong uptrends, this topic has become increasingly relevant. Join Dr. Reid as he reflects on this matter, and engages in an exchange of ideas during the webinar. Don't miss out on...