Dear Traders, First and foremost, please join me in congratulating our amazing Carlos on the birth of his daughter, Amanda, on August 24 (yesterday). She is 11 pounds, 20 inches, and gorgeous! Welcome to the BBT Family, Amanda! If you wish, you can send a note to Carlos at [email protected]. I am sure he will appreciate it. Carlos will be away for a few weeks, and our incredible team of Thor and Norm will be covering...

In this week's Strategy webinar, Carlos and I hosted a one-hour town hall meeting with Andy Kershner, CEO of Kershner Trading Group. With hundreds of traders, and offices in NYC and Austin, they are one of the most successful proprietary trading firms in the US. Our last question to him concerned the advice he would give to new and developing traders. His response? He said to use STOPs, to use STOPs, and to use STOPs. It’s...