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I’ve gotta shout it out because this guy is so humble … I’m SO proud of my student Kyle Williams, who just passed the million-dollar profit mark.* Kyle’s been trading since 2016, and he’s definitely had some ups and downs. In fact, he wasn’t profitable at all for his first 18 months of trading. But…
Traders often ask me about margin rates and whether they should take advantage of margin accounts to get access to more trading capital… First, remember that most traders lose money. If you borrow more than you have, you could become indebted to your broker or lose a significant chunk of your account FAST. I don’t…
Think 2020 was intense for stock traders? Welcome to 2021… January started out with a bang. GameStop Corp. (NYSE: GME) stock exploded higher, gaining more than 1,600%. At the end of December, it traded under $19 per share. It closed the last day of January at $325 and even peaked up over $500 a few…
As if the market couldn’t get any crazier! Last week’s fiasco with WallStreetBets, GameStop, and Robinhood was … unexpected. But it led to the rise of retail traders, and I think that’s a good thing. Add to that FOUR Trading Challenge grads hitting huge milestones. Then, top it off with a solid week to end…
One of the most legendary short squeezes of all time is still underway as short sellers can’t seem to find the top. Traders of GameStop Corp. (NYSE: GME) stock have been locked in an epic battle for months. The leading players are the short seller firm Citron Research and the retail traders on the Reddit…
Win or lose, you can learn from every trade. No matter how long you’re in this game, you can always get better. But THAT means putting in the time to review EVERY trade. How often should you review? We’re all different. I’d guess that most of my top students review their trades on a daily…
I was saddened to hear that Larry King passed away over the weekend … He was a true legend and one of the greatest interviewers of all time. His CNN show “Larry King Live” had an incredible 25-year run. He interviewed pretty much anyone who’s anyone, including every U.S. president from Ford to Obama. I…
I hear this question a lot: What are penny stocks? That’s usually followed with, “why would you bother trading these junk stocks?” I get it. You’ll hear a lot of penny stock bashing from big Wall Street traders. And as much as I like penny stocks, I know they’re not for everyone. I’ve been trading…
I couldn’t be prouder of Matthew Monaco’s exponential growth in the stock market lately. Not too long ago, Matt celebrated his near $100K month in June 2020.* Now, he’s celebrating a near $100K week to start the new year off right.* But this story is about more than the money he made in the market…
