Day Trading Rules For Beginners Think about it for a minute. Remember being a kid? Think about some rules your parents were diligent at enforcing. Think about your time at school, your time at university, your job, your city, etc. I bet you can think of many rules in place in each of those settings, but do you ever wonder why there are so many rules? Imagine your workplace without any rules. Would you wake up...

True or false? The day trader’s lifestyle is an exciting one. You sit for half an hour in front of your trading station, make a few thousand dollars, and then spend the rest of the day partying with friends or lying on the beach and catching some rays. If traveling, you bring your laptop with you, do a little trading on the side, and make some money while living it up at a fancy resort. Well, we...

First and foremost, I do apologize for missing trading on Monday. I heard Thor and Brian led the momentum trading discussion, and that they did an amazing job! As some of you saw on my Twitter and Instagram, I was climbing in the Tantalus Range, about 37 miles (60 km) north of Vancouver, near the District of Squamish, on the road to Whistler. When I was working on my PhD at the University of British...

First, my apologies for not trading on Friday. I was climbing at Mt. Assiniboine, which in my humble opinion is the most beautiful mountain in the world. It is located in Assiniboine Provincial Park, on the British Columbia side of the Canadian Rockies. Its access is primarily limited to helidrop only, and that makes this place a diamond in the rough. Mt. Assiniboine is known as the Canadian Matterhorn, which itself is a majestic peak...

Success in the financial markets comes from having consistently large profits while maintaining consistently small losses. There is no other secret sauce or magic formula. The randomness of the market is decisive. It often will reward bad habits and sloppy trading by offering large profits to gamblers. It may often seem to you that the market rewards impulsiveness and punishes disciplined traders. The only way to bind your risk management, technical knowledge, and psychology together...

First and foremost, please join me in welcoming Tiffany to the Bear Bull Traders team. Tiffany has been trading with us for over 3 years, and her recaps show what a great trader she is! We are all excited to have her join us! If you wish to welcome Tiffany yourself, please feel free to contact her at [email protected] I would like to invite you all to the first Success Webinar by our very own Jarad: Different...

I have an important announcement to share with you today, as well as some news, so please forgive me for this longer than usual email. Firstly, I would like to invite you all to our Success Webinar this week, featuring our very own Peter: From the Beginning: Setting Up a Training Plan Wednesday, July 8, 8pm ET Webinar Room (lifetime members only) In this webinar, Peter will review a recommended training plan for your first few years of trading. The...

First, I would like to wish a Happy Canada Day to all of my Canadian friends and family in our community. I came to this amazing country as an international student. The government of Canada offered me a generous scholarship, in the midst of a financial crisis, and supported me during my 5 years of PhD studies. It then accepted me as a permanent resident and now protects me as a citizen. I am forever...

I will be climbing in the Canadian Rockies from June 27 to July 8. I’ll be certain to post pictures in my Twitter and Instagram accounts of my climbs as well as of the amazing beauty that the Rocky Mountains have to offer. Should you be in the area, I’d love to connect with you. I’ve posted this informal invitation in the forums. Let’s chat and find a day or two for a meetup. Please...

I hope it was an amazing week for you and that everyone reading this roundup was able to keep it all green. 84 days after the stock market hit rock bottom on March 23rd, the S&P 500 was up 44.5%. This is more powerful than the surge we saw after the Great Recession’s lows of March 2009. In addition, last week, the Nasdaq made an-all time high, the first such peak in the middle of...