Not So Dumb Money: Bear Bull Traders: A Community Empowering Traders
Reflections from Time at the Bear Bull Traders Summit in Vancouver.
Dear Readers,
I wanted to take a moment to share my exhilarating experience at a trading summit I just returned from, where I was invited as a speaker. The event took place over the weekend in Vancouver.
The summit was hosted by the brilliant Bear Bull Traders community, dedicated to helping people worldwide build their trading skills to become full-time traders.
During the two captivating days, I had the privilege of delivering two one-hour talks, focusing on themes from my new book, 'Mastering the Mental Game of Trading,' aimed at helping traders overcome behavioral challenges that often hinder success in the markets.
What resonated deeply was the remarkable sense of community cultivated by Bear Bull Traders. Founded in 2016 by Andrew Aziz and Brian Pezim, former chemical engineers turned traders and mentors, both of whom have shared their insights on the AlphaMind Podcast previously. (Links provided below).
From its inception as a seed of an idea nearly eight years ago, Bear Bull Traders has blossomed into a vibrant ecosystem encompassing thousands of traders worldwide. Their overarching goal is to provide support, learning, guidance, and mentorship, along with fostering community, for individuals venturing into trading as a second career (or even a first career) or exploring alternative income avenues.
At the heart of Bear Bull Traders lies a deep-seated passion for empowering traders to develop their skills and knowledge. From daily call-ins and live trading sessions to chat groups and local meet-ups, the community provides a nurturing environment for traders of all backgrounds. What sets Bear Bull Traders apart is its diverse cadre of mentors, each hailing from varied professional backgrounds such as former executives, engineers, soldiers, teachers, chefs, and more.
Attendees hailed from diverse locations, including British Columbia, across Canada, the US, the Americas, Europe, and Asia, with one attendee even flying in from Japan. Their backgrounds varied widely, with retirees seeking continued engagement and income, career changers, and individuals seeking lifestyle changes or supplemental income. Notably, I met a single mother of three who bravely abandoned her finance career to trade from home, prioritizing time with her children. Her journey epitomizes Bear Bull Traders' ethos of empowering individuals to forge new avenues in trading.
Beyond its role as a supportive community, Bear Bull Traders has pioneered initiatives like tradingterminal.com, a bespoke trading platform tailored to its members' needs. Moreover, the community established 'Peak Capital Trading,' an internal fund offering traders an intensive mentoring program and the opportunity to trade on a funded account, retaining 100% of their returns.
The event featured a lineup of amazing speakers, including renowned Trading Psychologist and coach Brett Steenbarger, along with industry experts like Mike Bellafiore, Greg Holden from SMB Capital, and Créde Sheehy-Kelly, a high-performance coach and former sports psychologist from Ireland. Andrew Aziz also gave an inspirational speech, drawing upon his current side project of climbing the highest peak on all seven continents.
Unfortunately, jet lag prevented me from attending the live trading session at 5 am, but I heard it was a fantastic experience.
It's crucial to emphasize that BBT shuns trading illusions and refrains from peddling false promises. They focus on providing genuine support and guidance, acknowledging the low success rate of trading. While success is never guaranteed, being part of a community like Bear Bull Traders significantly enhances one's prospects.
Closing my time at the BBT Summit, I couldn't shake the indelible impression it left. The pervasive camaraderie, dedication to learning, and commitment to excellence define this extraordinary community. I was pleasantly surprised by how well these qualities are embodied here, and how ego seems notably subdued—a rarity in this industry.
I found genuine inspiration in the collective wisdom and camaraderie that define Bear Bull Traders. Here, ego takes a backseat, and the spirit of assisting others takes precedence.
A big thank you to everyone at Bear Bull, including the many team members I met, and of course, Dr. Andrew Aziz, who leads the community and is nearing completion of his challenge to climb the seven highest mountains on each continent.
Whether you're considering trading as a new venture or seeking to enhance your skills, exploring the BBT community is worthwhile. You can find our more about them at https://bearbulltraders.com/ or on LinkedIn or Twitter/X
Best Wishes
Steve and Mark - The AlphaMind Team
You can hear the two interviews we did in April 2020 and June 2020 in the AlphaMind Podcast series with Brain Pezim and Andrew Aziz at these links:
#41 Andrew Aziz - Founder of BearBullTraders: The Mind is in The Process
#46 Brian Pezim - Swing Trading and Trading Psychology
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