As an intraday trader, what if I tell you that you can predict 70-80% of the time whether a stock will trade higher or lower from a given price just by analyzing the order flow? It might seem too good to be true, but this is what mastering the skill of reading the T&S prints and Level 2 data (together known as the “Tape”) brings to the table. Quite simply, it’s a game-changing edge! In...

Trading is a performance sport and mindset is a competitive advantage. To be a successful trader or athlete, technical skill is a requirement. But technical skill alone is not enough. In sports and trading, where split-second decisions and impulsive actions can make or break a career, mindset is what separates the good from the great. Drawing on cutting-edge performance psychology and the mental training techniques of professional athletes, this webinar will explore the similarities between...

Join Dr. Reid for another informative presentation designed to help you break the fear and loss cycle. In this webinar, Dr. Reid will provide you with a method that can be trusted Annie Duke, a world-champion poker player, has devoted her life to the study of decision-making under pressure. Financial pressure. Fortunately, for us, she’s also a good writer and a clear thinker. Her insights uplevel Mark Douglas’ concept of probabilistic thinking, making it even...

One of the most important skills you as a day trader must learn is how to read the price action. To be frank, analyzing one single time frame is not a difficult task. However, to succeed in trading, you must know how to utilize multiple time frames at the same time, moving from the macro to the micro. Starting with its weekly chart, you need to understand the bias of the market toward the stock...

Dear Traders,​​It’s a big week ahead! Tomorrow, we will learn the new CPI number (inflation) and we will see if that number will change the volatility in the market. According to Bloomberg, 60% of retail investors such as us are long stocks and think this is a good time to own them. On the other hand, 40% of professional investors are short. Who will be the winner of tomorrow’s battle? Regardless, there are significant amounts...

Dear Traders,Market volatility continues within the Chinese sector and, of course, as usual, with Tesla Inc. Finally, the Communist Party decided to ease their zero-COVID policy, a policy that was obviously failing. I called this last year. I’m not sure why the party did not get it. BABA has gapped up beautifully. Today, in the community, we had some very good trading on BABA and TSLA. The breakouts were clean with a bullish Level 2...

Dear Traders,I am writing this newsletter from Florence, Italy, where I came to meet some of our friends and traders. We had a small but very nice meetup, and I am grateful that some of our traders could make it on such short notice. Two police officers came to meet me and they brought along a bottle of Vin Santo and a card that thanked me for teaching them to become traders. I was thrilled!...

There are many pathways that a trader can take as they begin their journey in trading. As you may be aware, trading can offer great rewards in life, but not without some challenges along the way. In this webinar, Mike will discuss a pathway that many traders have taken and found success with. ...

Dear Traders,Today, Chinese-based stocks were gapping up, and I had one of my best trading days in 2022 on XPEV, as the Chinese electric vehicle maker soared. The recap is full of educational material, with a focus on trading based on Nasdaq Level 2 signals. I hope you enjoy it, even though the quality is a bit low as I am traveling and using my traveling laptop. Here’s a link to today’s recap. Elon Doesn't Want...