“Whether you think you can or think you can’t – you’re right.” Mindset plays a very significant role in successful trading. However, a “negative mindset” can actually take several forms. Indeed, there are many sneaky thinking styles that you may not even class as being negative until you understand how that thinking impacts your actions in the markets. This webinar will unearth some of the most common mind traps that result in losing trades as...

Success in trading can be summed up in a simple formula: develop a technical edge and the psychological stability to consistently apply it while managing risk. Sounds simple, but the process isn’t easy. Specifically, the more performance pressure you feel, the more vulnerable you become to emotion-driven ideas and behaviors. But pressure, per se, isn’t your enemy. Tennis legend Billie Jean King famously said: “Pressure is a privilege.” In fact, good pressure will activate the...

When should I enter into a trade? How much should I partial? When should I let my winner run and when should I exit all for a small profit? These questions - and more - are the types of questions you no doubt ask yourself every single time you are in a trade. Properly managing a trade is one of the most difficult aspects of trading you will face. In this webinar, Aiman will share...

Dear Traders,The market has given us another crazy and volatile day. What a day to be a trader! The market gapped up and traded stronger, and I personally traded TSLA, TQQQ, and AMD. Brian took TQQQ and RBLX successfully. You can watch our recap here. Amazing NEWS! Our Florida meetup is almost sold out. We have less than 10 spots left. We are providing a full day of live trading, lunch, webinars, and a time for...

Dear Traders,The inflation report for September has come in and it indicates that inflation last month was hotter than expected (albeit hot inflation is not really news anymore). The market gapped down significantly, over 2%, and everyone was anticipating a big meltdown again, but the market bounced back strongly and is now trading almost 2% higher. This 4-5% volatility intraday makes trading amazing. I had one of the best trading days of my career by going...

Rule 1: Day trading is not a strategy to get rich quickly. Day trading looks deceptively easy, so one of the most important lessons you can learn, regardless of your level of experience, is that you will not get rich quickly by trading. It is not the same as gambling or playing the lottery. Brokers do not normally release customer statistics to the public but there was one exception in Massachusetts that any day trader should...

Dear Traders, The market continues to be volatile, but choppy, meaning volatile and directionless moves. Today, I had a very nice short on TSLA and then flipped the position on long and profited both ways. I then experienced a series of small losses on TQQQ, AMD, and SOXL. You can watch my recap here. Tonight, commencing at a special time of 5pm ET, CrĂ©de will be presenting her monthly course. Tonight’s webinar is titled: Discovering Your Inner...

An often neglected or disregarded aspect of trading is the development of a proper “business plan”. Do not get this confused though with your daily trading plan (the “if-then” statements you develop each trading day) and what I will soon be describing as your trading framework. Every business needs a business plan. Day Trading is a serious business and it is in no way a get-rich-quick scheme, so just like any other business, you also...

Dear Traders,The market is experiencing another volatile day. It sold off heavily at the Open, but bounced back around lunch time. As I am writing these words, the market is almost flat, but who knows how it will end. I suffered a heavy loss trading a bounce on stocks in the semiconductor sector (e.g., SOXL and NVDA). This sector is under much pressure because of potential restrictions on semiconductor sales to China and Taiwan. SOXL is...

Dear Traders,What a crazy and volatile market to trade in. We have just learned that the US economy created 263,000 jobs in September. Not only that, but the unemployment rate also fell further, down to 3.5%, while expectations were for it to remain at 3.7%. This means that the economy is solid and strong, and that gives more room to the Federal Reserve (the US central banking system) to be even more aggressive. We will...