Dear Traders, Perhaps the most influential person in the world of retail trading right now is Keith Gill, aka Roaring Kitty, the person who caused the 2021 GME short squeeze. If you do not know what happened, watch the movie Dumb Money to learn about one of the craziest things ever to happen on Wall Street. Keith Gill was silent for 3 years, and roughly made over $40 million from the GME short squeeze. Last night, he...

Dear Traders, We’ve had another wild and volatile day on the market. I traded Apple’s earnings, which blew up 7% after reporting a 110-billion share buyback, the largest in US history. This means Apple itself is buying back the shares, pushing the prices higher for investors. NVDA was also an amazing breakout that both Brian and I took together live in the chatroom. If you missed our trading at the Open, watch today´s live feed on YouTube. Next...

Dear Traders, I am back from my trip to Papua New Guinea and climbing the 6th of the Seven Summits, the 7 highest peaks on each continent. On the way home, I stopped in Australia for 3 days and saw Brisbane, Canberra, and Sydney. On short notice, 15 traders from Sydney came out and we had a very nice meetup. I couldn’t believe we have this many traders in Sydney. The time zone is horrible for day...

Dear Traders, I have two pieces of good news and one piece of bad news for everyone. First, the good news! I successfully climbed the highest peak in Oceania, Mount Wilhelm. It was a great journey into some of the wilderness areas in Papua New Guinea that humans rarely walk. I had two local guides plus a dog supporting me and I had the whole massif for myself. It is the 6th of 7 summits in my...

Dear Traders, Trading was fantastic today, with some excellent moves on Tesla. Thor and Paras traded Tesla live with me and we were all successful, even though we traded completely differently. When you are on the top, it is easy for people to criticize you. Elon Musk is an amazing entrepreneur with an incredible track record, and for exactly the same reason, people love to cite him and say they know better than him. I am overall...

Dear Traders, The major international development over the weekend was of course Iran’s missile and drone barrage against Israel. President Biden reportedly told Israel’s Prime Minister Benjamin Netanyahu that the US won’t support a counterattack, while European nations are also calling on Israel not to react with aggression. Iran has said, “the matter can be deemed concluded”, which essentially means: you attacked our Embassy complex, we attacked you, let’s call it quits. What happens in the next...

Dear traders, Congratulations to all of you who did an amazing job in holding the biggest event ever for our community in Vancouver! Over 250 people attended, with many excellent talks and presentations delivered. The pictures will be ready shortly, and I hope you will share them as much as possible in your social media and with your group of friends. I had an idea to make next year’s event even better. Wouldn’t it be wonderful if...

Dear Traders, What a day to end the week! Did you see what happened? Elon Musk denied a report that Tesla had called off plans for a less-expensive vehicle, saying on X that “Reuters is lying.” The report, which dragged Tesla shares lower by as much as 6.2%, just came before Paras was trading it LIVE in the chatroom. As soon as he decided to step out, the news broke. It was unbelievable to see such...

Dear Traders, Today, I had my biggest day trading loss in the last two years: over $75,000 on Tesla. I had a bias toward short, and I kept trying to short it, although the price action was really not confirming it. Having a bias about a trade is dangerous. Today, Tesla reported its delivery numbers, and it was by far its biggest delivery miss. Since the pandemic, it is the first year-over-year drop in its delivery of...

Dear Traders, Happy Easter! I hope everyone had a great long weekend. This week will be the most important week ever for Bear Bull Traders! We are getting ready for our biggest event of the year, with over 250 traders and their families joining us at the luxurious Paradox Hotel in Vancouver. It is the 8th anniversary of our amazing community! We even have five guests flying from Europe and NYC to join us at our full two-day...