Dear Traders,I had a “meh” trading day with a heavy loss on AMD and a great win on TSLA. You can watch the recap that Brian and I posted here.The market rallied for the second day as investors assess whether monetary tightening (high interest rates) is getting closer to being already priced in and thus new lows in the market no longer make any sense. Treasuries, oil, and gold are all up today. If you...

Why You Need to Manage Risk Risk management is the science, and often the art, of limiting the losses your trading account may suffer. All professional and great traders lose money. What distinguishes the successful ones from the burnouts is that they manage their risk well. There are two elements in risk management: a proper risk/reward ratio and position sizing. Risk/Reward Ratio A proper risk/reward ratio is defined by your entry, your profit target and your stop loss. New  traders...

Dear Traders,My apologies for the long absence from trading. I was completely offline at Burning Man in Black Rock City, Nevada. This was my 3rd burning, and it was an amazing experience. The market opened choppy this morning but has stayed strong as I am writing this newsletter. I traded small share sizes on AMD, TQQQ, and NIO, and Brian and I have posted our recap here.I hope each of you can join us at 8pm...

What Is Day Trading? As the name suggests, day trading is based on buying and then selling stocks within a single day, and sometimes within minutes or seconds.  Unlike traditional investing, which usually involves thoughtful market analysis and long-range planning, day trading focuses on the countless up-and-down price fluctuations that characterize a typical trading session and, if it is done skillfully, takes advantage of them.  As a day trader, I look for stocks that are moving in...

Dear Traders,The market rallied at the Open and we took some amazing trades on TSLA and TQQQ with Brian. You can watch our recap here. It was a big move! The market is red, and only the Energy sector is strong today. Brian’s natural gas and uranium trades are doing well for him.It was a frantic Friday in the markets — where QQQ dropped 4%, SPY 3%, and so on. The annual Jackson Hole meeting...

Dear Traders,Today was an astonishing day. NVDA’s earnings were missed by 15% and the stock gapped down 7%, but then traded higher for the day at 5%! What a crazy market. Brian and I had a great trading day. We posted our recap on NVDA and AMD here.Is the market at its bottom or will it continue going lower? This is the main question on everyone’s mind. Personally, I think the market will be range...

Dear Traders,We had an amazing seminar in Southern California on Saturday, with over 60 traders from our community attending for a half day of presentations. It was a very successful event that we plan to repeat over the coming months in both Florida and the New York City area. Meme stocks are on fire again, with AMC announcing a new class of shares under the ticker APE. BBBY and AMC were certainly on fire today....

Dear Traders,Today was an amazing day as a day trader in the market. Despite all the indexes being negative for the day in a big way, Brian and I were able to take advantage of some very volatile moves in the market, including on tickers such as BBBY, TSLA, and TQQQ. Please take the time to watch our recap here, where you can see how we had excellent gains despite a very weak market.Brian, Ardi,...

Dear Traders,Registration is now open for the 6th round of Peak Capital Trading’s boot camp. It gets better every time thanks to the incredibly hard work of our directors, Peter and John, and our Chief Education Officer, Mike. Since our launch in 2020, many traders have returned to take the boot camp again (and again!), and they have shared with us how their trading has improved because of their participation in our boot camp.You can...

Hey Traders,What a crazy market! The notorious /WallStreetBets reddit memes are back and BBBY is now trading up over 60% with crazy volume. Earlier, I traded the stock many times with Brian, and we made some amazing trades on it. You can watch our recap here. This is a great time to be a trader, but only if you know how to trade and manage your risk.Tonight, for Tuesday Strategy, Peter will be leading a...