I join with our American traders and friends this Memorial Day weekend in honoring those who sacrificed their lives for all of the freedoms we enjoy today. Regardless of where you call home, whether it is in the United States or elsewhere, I hope you are well, safe, and of course keeping it green going into this weekend. This was an important week for the markets, as many companies in the retail sector (such as Walmart...
We are seeing a crazy market these days. Airlines are selling off and marijuana companies are ripping higher. The market is telling us this: people do not travel anymore but they do smoke pot! All jokes aside, this week we had an amazing presentation from one of our members, John Hiltz. His talk was entitled: Insights from A Newly Successful Trader. He shared an amazing and inspiring story with us on how when he began trading...
Dear traders: I have a few important announcements to make about our community. The first is concerning tonight’s Success Webinar by our very own Mike Baehr. As you all may have heard several times in our community, trading is a serious business and it needs to be treated as such. Every new business or venture requires a plan or a roadmap that sets out the various stages which will lead to success. Trading is just like any...
Dear traders, As countries and states are slowly reopening, I hope you and those close to you are staying well and in good health. I also encourage you to join me in following all government health directives. This has been a very difficult time for many people and we really do need to keep on flattening the curve. I am writing to you today in order to share a few important announcements. First and foremost, please join...
Dear traders, This is just a reminder that I would like to invite all of you to this week’s special webinar with Dr. Brett N. Steenbarger (trading psychologist) and Mike Bellafiore (cofounder of SMB Capital). This webinar will be facilitated by me and the topic is: Collective Learning In A Trading Community: Including An Inside Look At How An NYC Proprietary Trading Firm Mentors Their New Traders Wednesday, 29 April, 8pm ET Webinar Room (Lifetime members only) & YouTube...
On Thursday, April 23, 2020, at around 4:15 pm ET, my phone rang and I saw a California number on it. I picked up the phone, thinking that maybe one of my family members who lives in the state was calling me. No, it was the friend of a friend. My friend, who lives in LA, had introduced us a few night ago, because this person wanted to get some trade ideas from me. He has...
Dear traders, I hope you and your family are doing well in these uncertain times. Many of you might have experienced a bear market in the past (2009 or 2000 come to mind), but this is the first bear market of my trading career. These are certainly unprecedented days: a bear market, a pandemic, self-isolation and negative oil prices. Are you ready to see what the rest of 2020 has to offer? This week's Success webinar is...
Dear traders,I hope you are doing well in these self-isolation times. More and more better news is coming forward and it seems some European countries are now gradually relaxing their constraints on business. We hope to slowly see an expansion in both economic and social activities. For some time still, our life may not be the same as it once was, but I’m sure you’ll agree that it will definitely be an improvement over isolation.Today,...
Dear traders, I trust you and your family are doing well during these uncertain times. This unprecedented season is challenging for all of us, but I know with all of my heart that we will pass through them much better if we stay strong and maintain a positive perspective. Each day I see in the news stories of people coming together to help each other be safe and healthy. I’m sure you come across these kinds...
The entire financial market, including the stock market, is being impacted by a novel coronavirus called COVID-19. How did it happen and what does it mean for us traders and investors? In 2015, a combination of FDA scientists as well as American and European scholars, in addition to the Wuhan Institute of Virology, Chinese Academy of Sciences, in Wuhan, China warned in the highly respected journal, Nature Medicine, about the emergence of a severe acute respiratory...