Dear Traders, I have some excellent news to share with you all. The book that Mike Baehr and I recently wrote, Introduction to Trading Psychology, is now available in Audiobook on Audible. This book is the perfect accompaniment to your daily run or commute, and it also very well complements the cup of tea you may be drinking as you sit on your couch one summer evening soon. We encourage everyone to check it out and...

Dear traders, Here’s a photo of me after a day of climbing in Aspen, Colorado. What a beautiful place. I do apologize for last week. I missed all of the trading sessions as well as my mentorship session. Yikes! I was under the impression that I could trade in the morning and then go climbing, but I soon realized that you have to start climbing early in Colorado because frequently in the afternoon there are thunderstorms...

Dear Traders, I hope everyone had a good and relaxing weekend. We had an amazing day in the chatroom trading $AMC and $JD. Don’t forget to watch my recap and, if you have not already, please take a moment and subscribe to our channel so that we can grow it to over 100,000 subscribers and thus be eligible for verification by YouTube. As for the market, it is slowly grinding up toward an all-time high. The Russell...

I am back from Peru and we all traded AMC this morning, which had an excellent ABCD pattern from $44 to almost $47. My recap can be seen here. As you know, I was climbing in the Cardellia Blanca range, but I also managed to have a small meetup in the city of Cusco. After 1 week of high altitude climbing and no internet, I am finally back home in Vancouver. Since I am fully vaccinated,...

Dear BBT Family, Norm here, providing this week’s update on Bear Bull Traders. Our usual weekly report comes from Andrew of course, but he is currently climbing in the beautiful mountains of Peru. Over the weekend, we saw the first flight into space of a billionaire, or did we? Sir Richard Branson was among the crew of Virgin Galactic’s ($SPCE) VSS Unity spaceplane. The six people on board reached an altitude of just over 86 kilometers, or...

First and foremost, I would like to wish a belated happy birthday to the United States and to all of my American friends. The United States is the leader of the free world, and it has proudly stood for good everywhere, with its values of human rights, freedom, and more always at the forefront. With its economic and military superiority, Americans can be counted on to take the lead in virtually every major global crisis, from...

Bear Bull Traders is an investing and trading school that has grown to become one of the world’s largest and truly international online communities of independent traders trading the stock market and cryptocurrencies. In 2021, Investopedia ranked Bear Bull Traders as the "Best Day Trading Course of the Year", with a special notation that Bear Bull Traders is the only community that retains clinical psychologists and performance coaches on staff in order to help their traders...

This week has started off on a positive note with some amazing trading on AMC.  Let’s hope these results continue all week long. I am happy to report to you that I will be hitting the road again soon and we have two very nice meetups in the works. Thor will be spending his 40th birthday in NYC on July 3rd, and we will be hosting a “super big” meetup to help celebrate our friend’s birthday....

Bitcoin and cryptocurrency experienced a massacre over the weekend, with Bitcoin dropping over 50% from their all-time high of $64,000. The world of crypto is scary these days. Unregulated exchanges give novice traders virtually insane leverages such as 1:500. These exchanges thrive on expensive commissions and encourage inexperienced traders to over trade. Part of the sell off over the weekend can be attributed to these highly leveraged traders who do not know how to manage...

Last week, Elon Musk announced that he will no longer accept Bitcoin for Tesla purchases, allegedly due to the “… rapidly increasing use of fossil fuels for Bitcoin mining and transactions …” Much of this mining takes place in China, but in all honesty, these environmental issues have been known for quite some time. Musk’s big gamble on Dogecoin and his failure to mobilize its move toward $1 has led to significant criticism. At a...