The key characteristic of BBT moderators is their ability to be consistent and profitable. They make it look easy. (Hint: it’s not IQ.) Some people are born with the ability to tolerate risk in a time-compressed situation like trading. They have a genetic ‘Chill Factor’ that enables them to remain psychologically stable while they solve complex problems in real time. Trading is a complex problem. We need to develop problem-solving skills in three areas: Analysis,...

In this webinar, Mike will discuss the importance of creating a supportive trading environment is essential for successful trading. It emphasizes the importance of a positive trading environment to reduce stress and enhance decision-making. Building a network of supportive fellow traders allows for sharing insights, emotional support, and accountability. Leveraging community and mentorship provides psychological support, access to guidance, and boosts confidence, helping traders to thrive in a challenging field. ...

Join Mike as he dives into the psychological aspects of risk management, focusing on developing a proactive risk management mindset. He will explore strategies to recognize and overcome risk aversion, emphasizing the importance of balanced decision-making. Additionally, Mike will examine how risk perception influences trading decisions and offers practical techniques to mitigate perception biases. Learn how to blend psychological insights with actionable strategies for effective risk management. ...

Dear Traders, This is Brian Pezim, writing on behalf of Andrew. On Friday, I traded AMD at the open for a nice move higher. Job creation was much higher than expected, causing yields to rise and the market to initially sell off. However, the buying brigade stepped in, as usual, to save the day. The GME sideshow continued with Roaring Kitty streaming on YouTube. Friday's stream did not achieve the desired effect, leading to high disappointment among its...

Dear Traders, This is Brian Pezim writing on behalf of Andrew. After a bad weather day, last week Andrew’s team successfully navigated the fixed line on the Headwall. The Headwall is a steep section of the climb, and fixed lines are ropes anchored into the ice or rock to assist climbers in ascending safely. This slope is a tough and technical part of the climb on the West Buttress Route. It’s the steepest section the team has faced so...

Most traders have heard of averaging down. It is often an act of desperation to reduce a trader's average cost for a position because the trade has gone against them. But did you know you can average UP on a trade to build a bigger position on a winning trade (or DOWN on a short). This can be done without any additional risk aside from a tighter breakeven stop. This additional buying power can result...

Why is reaching consistent profitability as a Trader difficult for many?  The answer lies hidden in the fact that to be a consistent Trader, Traders must become consistent within thyself; traders must become self-mastered.  Join Susan to discuss concepts like emotional regulation, breath work, meditation, self-awareness, thinking in probabilities, and self-discipline.  All tools’ traders can work on to improve as they embark on the journey to become self-mastered traders. ...

Dear Traders, This is Brian writing on behalf of Andrew. Andrew arrived at Camp 2 healthy and in good spirits. He and his team stayed there for three days before climbing towards Camp 3. Unfortunately, his team lead guide got injured on the first day and Andrew and two other people evacuated him. As the team is going towards Camp 3 at 14,000 the trail takes climbers across a narrow section of the upper Kahiltna Glacier. This part of...