Hello Traders,Are we back in a new bull market? This is the question everyone is asking. The bulls are taking a victory lap, while the bears are scratching their heads, wondering why the market is going up with all the bad news on the way! In yesterday’s newsletter, I wrote about how Dr. Burry congratulated the dip buyers and admitted that he was wrong to suggest selling stocks. Some are arguing that the reason the...

Hello Traders,Welcome to the second quarter of 2023. As I am writing you this newsletter, I am on my way to Huayna Potosi mountain. Surrounded by other very high mountains and roughly 15 miles (24 km) north of La Paz, the capital of Bolivia, this mountain is the most popular climb in Bolivia. I will spend the next 14 days climbing this mountain to prepare for my Everest climb. It is going to be a...

“I know what to do. But I can’t do what I need to do under the pressure of the moment. Instead, I do the exact opposite. It’s like a crazed person comes out of me and destroys my good plans. It is what stands in my way.” This trader has just experienced his instinctual emotional brain, looking for short term survival, hijacking his reasoning thinking brain – needed to engage probability. This is the gap...

Hello Traders,I hope you are having a safe trading day. We are in the final days of the first quarter of 2023. How have you been doing in the first 90 days of the year? Are you on track with your personal and financial goals? Usually, the first 90 days can give you a good glimpse of how the rest of the year may go, and so if you are getting away from the goals...

Hello Traders,I hope you are well and have had a good trading day so far! I am sorry that I missed the Open this morning. I was in Whistler, trying to catch the last ski of the season. I heard Paras and Brian had some amazing trading, with Paras taking a very nice long on $META. This morning, I woke up with a Twitter notification from Dr. Burry (yes, the famous 2008 trader who shorted...

Dear Traders,Today, Ardi and I had an amazing discussion with one of the best traders out there, John Carter, author of Mastering the Trade. It was a great discussion, and we will publish the video of it this week. You do not want to miss this discussion. I am happy to report that John Carter agreed with Ardi’s TLT trade! This morning, I traded AMD after starting late. These days, I am sleeping in the office...

Dear Traders,The turmoil in the banking industry continued last week. It started with the rescue of 166-year-old Credit Suisse by its bigger Swiss rival, UBS. Then there was First Republic Bank. Silicon Valley Bank’s leftovers were picked over by First Citizens. Then Deutsche Bank’s shares slid as European investors shifted out of banking shares and toward defensive sectors over rising recession concerns. The Federal Reserve made it clear with last Wednesday’s 0.25% rate hike that its...

Hello Traders,After sending out the image of my Everest suit yesterday, this is what happened in our office: Wow! Everybody is now changing their profile photos to the new theme: Everest! I am very excited about this experience and it looks like my team is as excited as I am. Stay tuned, as I will give you more exciting updates as my team and I prepare for this adventure.Today’s only other update is about our St....

I recently received an email from one of our members, it's not only inspiring, but it truly shows the power of community! Hi, Andrew. Your upcoming Everest adventure is incredibly exciting. Wishing you godspeed! I finally had the opportunity to meet John face-to-face in January when my wife and I had flown "home" to New Hampshire from Florida for a brief stay. (We left the state in 2013 for work, retired out of Texas in early 2021, and...

Dear Traders,My big announcement is that I have made the decision to go to Mount Everest this year. In order to prepare, I will be heading to Bolivia at the end of this month for some high-altitude climbing of up to around 24,000 feet (7,300 meters). I will then be flying to Nepal at the end of April to summit the biggest mountain in the world. Usually, the summit push is in the second or...