We've been busier than normal this week in doing some deep research on the characteristics of the Bear Volatile regime.
We are working hard on it over here, collecting the statistics and I'll be working on putting it all together into a big report. It's important to be prepared with what to expect.
In other news, Alex Barrow, CEO of Macro-Ops and I jumped on a call to chat about the impending lock down, government/military/security response and markets.
Have a watch, leave a comment, ask a question
We have moved the live stream from my YouTube Channel to the Macro Ops YouTube channel.
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We will be going live every trading day at 11:30AM EST
Love having you as part of the Trading Lab, things are really shaping up in there!
We are on the verge of earnings season and along with todays other email I sent out, I wanted to do the livestream today covering how I'm looking at things coming into earnings season.
Here's the link to the video
You can also find the link in the #livestreams folder in the Slack channel
This is a quick one, I'll do a separate major market regimes email. But for now I wanted to share this one with you about Bitcoin and crypto.
This past week was mostly all about Crypto in the Trading Lab, we are positioned excellently in regular markets so this provides us a lot of space to work on other things, crypto is that.
Bitcoin is on the move, and these are the levels I'm looking at:
14,500/15,500 is imminent
37,000 is the measured move up when we break above 20k again
Then 36k, 64k and 100k
I believe that $200k and even $1M is a very distinct possibility
These are historical times we are living in, and we are experiencing the conditions that make a move like that in Bitcoin play out. I will be sharing more of my detailed thoughts in the coming weeks.
Here's my latest YouTube video about my price action analysis on Bitcoin
If you've been following my work for any time now, you know I'm pretty serious when it comes to trading. I'm...
As I've been saying, the group of knowledge and skill we have put together in the Trading Lab is amazing! A number our members have already partnered up and collaborated on building their own trading strategies for their own unique needs. The prop_trading channel has been a good spot for our prop traders to discuss their setups and what they are looking at.
Each week, at least, we go live on Zoom and go over some things in the markets, whether it's going over a new trading strategy that I'm working on, reviewing markets, covering different philosophies or getting setup to trade crypto.
I decided to share this weeks video with everyone, even those of you not yet in the lab, to get an idea of what we are looking at. This is a private link on YouTube so you won't be able to search for it.
Don't forget, we will be raising prices for the lab September 1st. Join now and lock in the price now and pay the same forever...or wait and pay more! Join...
Today we went deep on what it takes to successfully make 2R per month. It's really not that hard to do, but most traders can't consistently make just 2R per month.
Making 2R per month is not the end game, but it is the beginning. Because once you unlock the keys to consistently earning 2R per month you can make 3R, 4R even 5R a month.
That might not sound like a lot because you always hear stories about people making millions of dollars a day trading. But the real game is being consistent and showing up everyday.
Here's some math on what 2R per month can actually provide.
On a $10,000 account, 2R per month at 2% risk makes you $6k in profits in twelve months. I believe this is why most traders don't stick to a solid and simple system, $6k of profit doesn't sound like a lot, 60% profits makes it sound a little better, but most traders will abandon this 2R plan a month or two in.
Let's look at what 2R a month compounded over 10 years earns.
In 10 years 2R...
Quick one today, I go a bit deeper about what a weaker dollar will mean for the US.
Give it a like and share with a friend!
Rather than my weekly newsletter talking about what's happening, I decided to share todays LiveStream in the Trading Lab
In the Trading Lab we do multiple live stream market reviews, talk through markets, theories, setups and Q&A's.
In addition to this type of content, we interact 24/7 in our private Slack group, working with each other on different systems, market analysis and at this point, keeping people from making bad trades until things clear up a bit.
For Example, Kyle and Grant, two lab members have built a new daytrading strategy for the FX market, that is built to the requirements that multiple prop trading firms have for trying out. Another member Abhay, has also coded their strategy up in TradingView and they are having some great results with it.
Check this out on GBP.
It's not just me in there sharing my ideas and trades, this group is packed full of real prop traders, hedge fund traders, family offices. Real professional traders...
Each week I promise to send you actual trading research, strategies and insights that are exclusive to email subscribers.
This email will always be free and you will get more value than you would from other newsletters that you pay for.