Share Market

My Top Young Traders on TWIST Pass Seven Figures in Profits*

Published

1 week ago

September 17, 2020

Traditionally, trading can be a lonely career for many in this industry — but not for my top young traders on the TWIST podcast.

Thanks to social media, technology, and my Trading Challenge chat room, traders of all different backgrounds can come together and learn side by side. (It’s crucial to be in the RIGHT chat room.)

This is one of the main reasons I wanted to get into teaching. Sure, I could teach one person at a time to trade, but people learn better together. And the internet has changed so much in how we learn and communicate.

Now I have a community of a lot of traders who all have the same goal in mind — to be consistent, self-sufficient, successful traders.

And three of my top young traders have cumulatively passed seven figures in profits — an amazing feat.* They worked hard to achieve their goals of becoming successful Challenge students. I think they’re on the right track in their trading careers.

These traders host a podcast called TWIST (This Week in SteadyTrade) to recap trades weekly.

Check it out here.

The thing is — these traders aren’t extraordinarily smart. I don’t mean that as an insult.

What I mean is that they don’t have a special gift that makes them successful. In fact, their story is exactly what I envisioned when I first began teaching. This is how I want all of my students’ success stories to be.

Now’s your chance to learn from them!

*Students’ results aren’t typical. Individual results will vary. These students put in the time and dedication and have exceptional skills and knowledge. Most traders lose money. Always remember trading is inherently risky. Never risk more than you can afford to lose.

How the TWIST Team Met

Clockwise from top left: Kyle Williams, Matthew Monaco, Tim Sykes, Jack Kellogg

The TWIST hosts — Jack Kellogg, Kyle Williams, and Matthew Monaco — are all students in my Trading Challenge.

And when I say that their story is what I envisioned, this is what I mean…

Jack, Kyle, and Matt were all starting to find success around the same time in their trading journeys. And they used my Challenge chat room to talk to and get to know each other.

The Challenge chat room is about more than watching what I trade. It’s also about communicating with other traders to learn from them, too. In fact, way back when Jack first began trading, he reached out to Tim Grittani mid-trade.

Jack was stuck in a trade much deeper than he should have … because he didn’t cut losses quickly. He realized his trade was wrong and he needed help fast.

So he reached out to Grittani in chat, who helped him to minimize the loss as much as possible. (It was still a hefty loss, but Jack learned from it.)

Now, I’m not saying the Challenge chat is magic. And you definitely should learn to manage your risk and losses with solid trading plans, but…

The Challenge chat room can be a great way to meet traders of all levels. It’s how the TWIST podcast team met and worked toward trading smarter together.*

That’s exactly what I want my students to do. I plant the seeds — I produce thousands of video lessons to educate you. Then it’s your job to use the platform I provide to help you find your edge.

Why These Top Young Traders Hit Big Milestones

I’m not gonna say that the only reason the hosts of the TWIST podcast found trading success is because they learned together…

But I think it has something to do with it.

Here’s the thing … It’s hard to follow my rules all the time.

I actually talk about that in this interview I did with Matthew Monaco, check it out:

I can’t sit next to you and force you to follow my rules. I try my best to be a drill sergeant when it comes to teaching. Trading isn’t easy, and I don’t want to sugarcoat any part of the process along the way.

So you still have to learn lessons the hard way when you don’t follow my rules.

Here’s where I think the TWIST team gets it right … These top young traders hold each other accountable when they make a stupid decision.

I don’t have the resources to do that for each student. I wish there were hundreds of me so I could check in on each of my students’ trades…

But I can’t.

To me, that’s why the TWIST team is succeeding so well right now. These top young traders just passed seven figures in profits together. I bet it won’t be long before they’re each seven-figure traders on their own.*

In fact, Jackaroo is now over $875K on his own as of mid-September. Check out his incredible profit chart here.

How The TWIST Team Gives Back

What’s common across the board for many of my top students? They almost all give back to the community in some way.

The top young traders behind the TWIST podcast have seen the benefits that can come with being a part of a solid trading community. And as they level up, they follow in the footsteps of the top traders who’ve gone before them…

How My Top Students Pay It Forward

Look at how my top students give back to the community, like Tim Grittani. He made one of the most popular DVDs for my Challenge students — “Trading Tickers.” In fact, Roland Wolf says that DVD helped him figure out where he was going wrong in his trading.

As my students gain experience and consistency, they share their knowledge through webinars. They also act as moderators in the chat room and answer questions.

Grittani is one example of many. Mark Croock, Tim Lento, Michael Goode, and more pay it forward.

Check out this talk I had with Mike “Huddie” Hudson — another one of my top six-figure students.* In this video, we talk about the hot market and why traders like Huddie crushed it:

So how do these top young traders give back to our trading community?

By continuing to be a part of the Challenge chat room and with the TWIST podcast.

I highly recommend you check out TWIST and tune in every week. Every Thursday, Matt, Jack, and Kyle release a new episode. They discuss their best plays of the week, chat about the market, and recap their thought processes behind their trades.

Listening to these episodes can be a great way to get an inside peek into the minds of consistent day traders. I even put in an appearance. Here’s that full episode:

What’s also great about the TWIST podcast is that it’s FREE.

It’s one way you can understand how these top young traders navigate the markets, week after week. It’s like a preview of the kind of traders you can trade beside in the Trading Challenge. Take advantage of it.

Conclusion

Here’s the thing…

Finding success in the penny stock market doesn’t happen by luck…

Matt, Jack, and Kyle all work hard for their success. They’ve studied my video lessons, followed my rules, and become self-sufficient. But just as importantly, they network with each other in the Challenge chat and learn from each other.

Trading can be a lonely game, and that’s one reason why my Challenge is structured the way it is. I want traders to be able to learn from me, my top students, and each other.

It’s a community.

The TWIST team did it right, and now, collectively, they’re over seven figures in trading profits.*

You gotta study and make it fun so you stick with it. I’m not saying you need to start a podcast to do well in the markets, but you should find your community.

My top students and I create a lot of free content. If you’re debating signing up for my Challenge, study the free content first. Read through my penny stock guide and study my YouTube videos.

Listen to the TWIST and SteadyTrade podcasts.

You can learn a lot about trading for no cost. It’s how you can make your first commitment to building your knowledge account.

When you’re ready for the next step, you can get into the 30-Day Bootcamp I made with Matt.

Then, if you’re still itching to learn more and ready to prove you have what it takes, apply to my Trading Challenge.

I want to hear from you! What do you think of these top young traders? What’s your favorite TWIST episode so far? Let me know in the comments below!

The post My Top Young Traders on TWIST Pass Seven Figures in Profits* appeared first on Timothy Sykes.

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Share Market

No Respite for Aurora Cannabis (TSX:ACB) Investors

Published

4 mins ago

September 24, 2020

pribizco

The shares of the top pot producer Aurora Cannabis (TSX:ACB)(NYSE:ACB) soared more than 15% on Tuesday on higher expectations of its quarterly earnings. However, it was again the same, old story from Aurora. It reported a weaker-than-expected revenues and posted one of the biggest losses in history.

Aurora Cannabis: Yet another disappointing quarter

For fiscal Q4 2020, Aurora Cannabis reported $72 million in revenues, a decline of more than 5% from the previous quarter. Its net loss jumped to $1.8 billion driven by goodwill writedowns and asset impairment charges. The company reported $2.9 billion in impairment charges in the entire fiscal year 2020.

The recent gains of the top pot stock might evaporate, given Aurora’s disappointing results. Once investors’ favourite, Aurora Cannabis stock has lost almost 70% so far this year.

The company management expects $62 million in revenues for Q1 2021, lower compared to the recently reported quarter. According to management guidance, Aurora Cannabis was expected to turn EBITDA positive by Q1 2021. However, now the target has been pushed back by a quarter. On the net income front, Aurora has reported a loss for the last seven straight quarters.

aurora cannabis

Aurora announced the closure of several production facilities in June in order to increase efficiency. It currently operates an annual production capacity of 142,000 kg per year.

Aurora Cannabis was successful in lowering its production costs during the fiscal fourth quarter. It spent around $0.89 to produce a gram of cannabis, lower from $1.22 per gram in the earlier quarter.

Concern for investors

Too many players amid lower-than-expected demand have dominated the marijuana industry in the last few years. The industry once looked promising due to its steep growth prospects, but the industry as a whole has been on a decline lately.

Aurora Cannabis has some of the geographically diversified operations across the globe. However, its international sales have failed to pick up and continued to burn cash. Along with falling stock price, Aurora’s continued losses and declining revenue growth might bother investors. Additionally, a prolonged equity dilution will also be one of the major concerns for them.

A higher number of retail shops, along with an innovative recreational product range, should boost Aurora Cannabis’s sales. Product differentiation will be vital here, as many pot players are working on launching similar goods. Notably, top-line growth and consistent efforts on pruning operating costs will help the company reach breakeven.

Declining stock price

Aurora Cannabis still seems far from turning profitable. The top pot stock has dug a deep hole in investors’ pockets in the last few years. While Aurora stock has lost around 90%, cannabis stocks at large have lost approximately 55% in the last 12 months.

Aurora Cannabis is currently trading at a forward price-to-sales valuation multiple of four. This looks expensive against its average historical valuation as well as compared to peers. The stock will likely continue to trade volatile and could be a risky bet for conservative investors.

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More reading

Aurora Cannabis Q4 Earnings: Where Did Things Go Wrong?
Aurora Cannabis (TSX:ACB): The Perfect 5-Year Contrarian Bet?
Why Aurora Cannabis (TSX:ACB) Stock Gained 15% Yesterday
TSX NEWS: Why These 2 Stocks Rose by Over 5% On Tuesday
Is Aurora Cannabis (TSX:ACB) Stock a Buy Before Tuesday Earnings?

Fool contributor Vineet Kulkarni has no position in any of the stocks mentioned.

The post No Respite for Aurora Cannabis (TSX:ACB) Investors appeared first on The Motley Fool Canada.

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Share Market

Which Way Wednesday – Fed Edition

Published

2 hours ago

September 24, 2020

pribizco

And once again the Futures are up.

As you can see from the S&P chart, we have had some massive gaps up in the thinly traded open and then drifted down during real trading at the end of the day. This is like someone who works for the auction house shouting "100 Million Dollars" on the first bid for a painting to make sure the other suckers in the audience start bidding higher.

In the case of the markets, the Banksters buy up the Futures on thin trading (so it's very cheap to do) and cause the Retail Suckers to pour in and chase the momentum so the Banksters can dump their stocks all day long during real volume trading. This is how rich people exit the market - they create a buying atmosphere and they take their profits while poor people follow their advice - which doesn't actually apply to their own actions. You see the big brokerage houses doing that all the time, exiting positions while their analysts are pumping the ~~Tesla~~ stock.

We had a good day yesterday shorting the Dow (/YM) Futures from our trade idea in the Morning Report and congratulations to all who played along. Our morning call for our Members was:

So we're sticking with our strategy of shorting the indexes (which didn't work yesterday) as we're likely to be rejected here (Dow (/YM) 28,100, S&P (/ES) 3,405, Nasdaq (/NQ) 11,475 and Russell (/RTY) 1,550) and, as usual, we can just short the laggards, which would be /ES crossing below 3,400 and /YM confirming below 28,000 - we should catch a quick ride down but the Fed goes tomorrow and that should give the marketsupport until they are disappointed by that so tight stops above!

As you can see, this wasn't rocket science, the pivot points on the Dow were 28,014 and 27,795 and we simply allowed for the pre-market BS pump job and took a stab at shorting early but once we confirmed the move below 28,000, it was a no-brained to jump in for the 200-point drop on the Dow (at $5 per point, per contract!). This morning we're back to 28,000 again but we have a Fed Meeting at 2pm so it's not a good day to play the futures - too volatile.

Speaking of volatile,

IN PROGRESS

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Share Market

The IPOX® Week, September 21th, 2020

Published

5 hours ago

September 23, 2020

pribizco

Futures and Options expiration week delivers pain for most global equity investors, strong gains for investors in IPOX Strategies. IPOX SPAC Index (SPAC) extends big run-up.
IPOX 100 U.S. (ETF: FPX) adds +1.73% to +15.32% YTD. IPOX International (ETF: FPXI) rises +1.98% to +43.52% YTD. IPOX Europe (ETF: FPXE) adds +2.00% to +16.07% YTD.
More U.S. deals lined up as IPO window open in Europe

Track the performance of U.S. SPACs live with the IPOX® SPAC Index (BBG: SPAC, Reuters: .SPAC): The liquid IPOX SPAC (SPAC) added +3.81% last week, to +19.31% since its 07/30 live launch, outperforming the S&P 500 (SPX) and Russell 2000 (RTY) anew. SPAC news include: 1) fleet electrification solution provider XL Fleet to merge with Pivotal Investment Corp II; 2) 9 SPACs launched last week and at least 12 new SPACs filings include Apollo sponsored Apollo Strategic Growth Capital; 3) Playboy Enterprises explores “going public” via SPAC merger.

Expiration week delivers pain for most global equity investors, strong gains for investors in IPOX. U.S. Futures and Options expiration left investors in the IPOX Strategies (ETFs: FPX, FPXI, FPXE) towards

the top of the weekly performance rankings, as U.S. equity risk declined (VIX: -3.87%), rates steadied, and large-cap U.S. technology stocks drifted anew (NDX: -1.36%). In the U.S., e.g., the broad-based IPOX 100 U.S. (ETF: FPX), benchmark for U.S. IPO and Spin-off performance, added +1.73% to +15.32% YTD, extending the YTD/YY lead vs. the S&P 500 (SPX) to +1257 (857) bps. Strength extended to markets abroad, with the IPOX International (ETF: FPXI) and IPOX Europe (ETF: FPXE) all rising. Strength in IPOX-tracked specialty exposure often untracked in the conventional portfolios drove the good showing, including Michael Jordan-backed SPAC IPOX 100 U.S. member (ETF: FPX) online entertainment services provider DraftKings (DKNG US: +33.60%), online collaborations platform operator Zoom Video (ZM US: +14.55%), Dutch Payment processor Adyen (ADYEN NA: +10.76%) and key Saudi Arabia’s health care services provider Dr. Sulaiman Al-Habib (SULAIMAN AB: +6.86%). Corporate Actions and seasonality pressured select names including security services firm ADT (ADT US: -20.07%) and outdoor products/services providers vehicle maker Camping World (CWH US: -12.72%) and cooler maker Yeti (YETI US: -8.68%).

Select IPOX® Indexes Price Returns (%)	Last Week	2019	2020 YTD
IPOX® Indexes: Global/International
IPOX® Global (IPGL50) (USD)	1.87	27.93	37.88
IPOX® International (IPXI)* (USD) (ETF: FPXI)	1.98	31.37	43.52
IPOX® Indexes: United States
IPOX® 100 U.S. (IPXO)* (USD) (ETF: FPX)	1.73	29.60	15.32
IPOX® ESG (IPXT) (USD)	3.05	-	-
IPOX® SPAC (SPAC) (USD)	3.81	-	-
IPOX® Indexes: Europe/Nordic
IPOX® 30 Europe (IXTE) (EUR)	2.11	34.55	21.70
IPOX® Nordic (IPND)	2.54	38.52	36.02
IPOX® 100 Europe (IPOE)* (USD)	2.00	30.97	16.07
IPOX® Indexes: Asia-Pacific/China
IPOX® Asia-Pacific (IPTA) (USD)	3.34	4.41	32.49
IPOX® China (CNI) (USD)	2.25	26.31	51.61
IPOX® Japan (IPJP)** (JPY)	3.05	37.91	12.82

* Basis for ETFs: FPX US, FPX LN, FPXE US, FPXU FP, FPXI US, TCIP110 IT and CME-traded e-mini IPOX® 100 U.S. Futures (IPOM0). Source: Bloomberg L.P. & Refinitiv/Thomson Reuters. For IPOX Alternative Strategies Returns, please contact [email protected]

IPOX-linked ETFs (FPX, FPXI, FPXE) Movers (Last Week in %):

DRAFTKINGS	33.60	NETWORK INTERN’TL	-32.69
STILLFRONT GROUP	19.53	GOOSEHEAD INSUR.	-20.50
TESLA	18.63	ADT INC	-20.07
MYOKARDIA	18.23	CAMPING WORLD	-12.72
ADC THERAPEUTICS	17.63	INARI MEDICAL	-11.01
ZEALAND PHARMA	15.43	YETI HOLDINGS	-8.68
ADAPTIVE BIOTECH	15.21	SOFTWAREONE	-8.07
SHOP APOTHEKE EUROPE	15.05	PINDUODUO	-5.82
ZOOM VIDEO	14.55	FARFETCH	-5.75
ARGENX SE	13.89	REYNOLDS CONSUMER	-5.47

IPO Deal-flow Review and Outlook: At least 26 firms IPO’d across the eligible global markets last week, with the average (median) equally-weighted deal adding +57.67% (+11.81%) based on the difference between the final offer price and respective Friday’s close. U.S. cloud data warehouse Snowflake (SNOW US: +100.00%), DevOps software developer JFrog (FROG US: +47.23%), game software company Unity (U US: +31.44%) and portable dialysis firm Outset Medical (OM: +122.26%) all surged on debut. Abroad, Canadian payment firm Nuvei (NVEI CN: +77.50%) and British e-commerce unicorn The Hut Group (THG LN: +18.40%) also recorded strong gains, while Kuwait stock exchange operator Boursa Kuwait (BOURSA KK: +939.00%) rose more than tenfold. While high-profile data analytics unicorn Palantir (PLTR US) pushed its Direct Listing to month-end, select key deals lined up include Silver Lake-backed telemedicine firm GoodRx (GDRX US), PE-backed motorhome maker Knaus Tabbert (KTA GR) and German defense supplier Hensoldt (5UH GR). Other IPO news include: 1) Macquarie prepares IPO for its data analytic company Nuix; 2) mortgage lender LoanDepot to revive IPO plan; 3) TikTok weighs U.S. IPO upon U.S. ban whereas its rival Kuaishou mulls $5B Hong Kong IPO; 4) more homecoming secondary offerings from U.S.-listed Chinese companies include Zai Lab, ZTO Express, Baozun, and Huazhu.