Dear Traders, If you were not live in the chatroom this morning, here is a link to the recap that Brian and I posted earlier today. Youā€™ll see how we traded a bounce on QQQ and BABA. In addition, Aiman and Simon have uploaded their weekly REPLAY video that can be seen here. If you have not already, please take the time to check out our new web-based REPLAY platform which is free for all, and...

Dear Traders, Thank you to everyone who has signed up to join Peak Capital Tradingā€™s latest boot camp. Registration for this session is now full! We can hardly wait to start working with you on Monday. If you want to build your TradeBook and take it to the next level, please check out our new web-based REPLAY feature here. There is no cost to utilize this new offering from BBT. While at the site, do ensure you...

Dear Traders, 2022 has started very strong, and automobile mania continues, especially with TSLA and F. Thus far this week we have had some amazing trades on these 2 stocks. Please watch the recap that Brian and I posted yesterday regarding our trades on F as well as the recap regarding today's trading on F. Speaking of Tesla, you may have seen that Elon Muskā€™s wealth has soared to levels previously achieved only by John D. Rockefeller...

Dear Traders, Happy New Year! I hope everyone has started this year well and strong. The market continues to show exceptional volatility, based in part on Teslaā€™s announcement yesterday of record-breaking car deliveries. Today, Tesla gapped up over 9% and pushed toward an all-time high of $1243 per share. Semiconductors are also robust with both NVDA and AMD moving higher. Brian and I traded AMD and TSLA, and our recap can be seen here. To start off...

Dear Traders, First off, we have a few spots left for our 4th Peak Capital Trading boot camp, where we will help you build a successful and consistent TradeBook. The next boot camp starts on January 10, 2022 and you can sign up here. This week has been slow. I had some small wins yesterday and today, but I have not done anything particularly aggressive. It is the final week of 2021, when most traders are away,...

Dear Traders, Although 2021 was very eventful and exciting, it also went by very fast. Reflecting back over the last 12 months, there are so many happenings to remember. A few that come readily to my mind include the Suez Canal blockage, Elon Musk hosting Saturday Night Live and being named TIME Person of the Year, Bill Gatesā€™ divorce, and Jeff Bezos traveling to space. As well, there were numerous landmarks in the world of business,...

Dear Traders, We are pleased and a bit surprised by the number of people who signed up on the first day of registration yesterday for the next Peak Capital Trading bootcamp. We are already at almost 40% capacity for the next bootcamp, so I recommend that if you are interested, please secure your spot early on. During registration for the last bootcamp, we had to close the signup early and add a wait list as our...

Dear Traders, What a wild market we are in, thanks to the new Omicron variant of COVID-19 which is causing more lockdowns and restrictions in Europe and around the world. Apparently, our war with Covid is never going to end. All indexes are down, and IWM, as usual, is leading the weakness by dropping roughly 3%. Letā€™s see if this panic selling eventually ends, and if we see a Santa Claus rally this year. Brian, Jarad, Ardi,...

A couple of days ago a member sent me an email with a post that said, ā€œa trader canā€™t force a trade any more than a surfer can force a wave to come together. Great surfers wait. They recognize patterns. When they see the perfect wave coming, they put themselves in the best possible position to catch itā€. If you think about it, that is what traders do. Itā€™s pretty much a 3-step process. Step 1:Ā PreparationĀ ā€“...

Dear Traders, These are scary times in the stock market. Yesterday, Jerome Powellā€™s speech was heartwarming for Wall Street, and stocks such as SPY and QQQ surged to mostly new all-time highs. Today, on the other hand, a bloodbath is unfolding, especially for the highly overvalued technology companies in QQQ. One thing that Federal Reserve chair JPow got correct on Wednesday was his observation that no one can really predict what the market and the economy...