Including in how we travel, how we socialize, how we work and, very critically, how we go about expanding our human civilization on this planet. The most important news of the past week was the death of United States Supreme Court Justice RBG that will undoubtedly affect the balance of power in the most powerful democracy in the world. And that will affect all of our lives. Ruth Bader Ginsburg was known as the leader ..read more

VWAP Reversal This strategy is used during reversals often after getting a push from the VWAP or a key level after 30-45mins of the market open. Time: This strategy can be used anytime during the day. It is more prevalent after the first 30mins of the open. The earlier this reversal happens, the longer it can go throughout the day and end up being a trend trade. Indicators: The best indicator for this strategy is holding of a key level followed by increasing volume. Many times the price will break VWAP with heavy volume and then retrace back to VWAP giving the opportunity to enter. If the cand ..read more

The events of 2020 may very well change our lives for many decades to come, including in how we travel, how we socialize, how we work and, very critically, how we go about expanding our human civilization on this planet. The most important news of the past week was the death of United States Supreme Court Justice RBG that will undoubtedly affect the balance of power in the most powerful democracy in the world. And that will affect all of our lives. Ruth Bader Ginsburg was known as the leader of the liberal wing of the Supreme Court. Rumor has it that at some point between 2010 and 2014, when t ..read more

Do you want to be a day trader but do not know where to start? Do you wonder what tools you will need? Do you wonder if you have what it takes to become a day trader? In this blog, we will cover the most important things you will need to know in order to become a successful day trader. ) Day Trading Funds In order to day trade, you need to set aside some money that you are willing to risk losing. Make sure that you are not using scared money to trade as you cannot ensure that you will make money as soon as you start trading. In fact, and saying this from experience, you will be losing money ..read more

Everything in our lives is based on rules. 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 and get yourself to your job for 8:00AM? Would you finish a report on time? Now think about an entire society with no rules whatsoever. Yes, rules can be annoying as they rest ..read more

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 are sorry to disappoint you, but that is not how it works. Unfortunately, day trading is not that easy and to reach the point where you are going to make money with your day trading, you will need to ..read more

Dear BBT Family, 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 Columbia, my office in the Chemical Engineering Department was on the 6th floor and my desk overlooked a glaciated mountain range. I soon learned that it was called the Tantalus Ra ..read more

Dear BBT Family, 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 overlooking Zermatt, Switzerland. Part of the beauty of Mt. Assiniboine is that there have been only 3 people who have climbed it this season, c ..read more

Dear BBT Community, 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 is to maintain an excellent journal and record of your trades. The trader and psychologist ..read more

Hello BBT community, I hope you’ve had a great first week of June. If this week has taught us anything, it is that the markets are future looking: they are more concerned with what is about to happen rather than what is happening at the moment. The market had an incredible rally, which was primarily due to the release of far better than expected economic data. The U.S. economy added 2.5 million jobs for the month of May, signaling that the recovery is on its way. This news was significant enough that the money managers reallocated some of their assets from tech stocks to other sectors. The big ..read more