Some goals for this year:
1) Remember the market gives 3-4 great windows for making money a year. It's always been this way. Livermore talked about it. I need to make sure I hit those.
2.) Don't trade just to trade. Too often, I burned mental capital trying to have a position at all times. I can't tell you how many days I've woke up at 3-4am to check the market. I don't need that.
3.) Take what the market is giving. Don't try to squeeze doubles into triples.
4.) Earn the right to trade big and swing for the fences. We've just had 2 great years in a row on the bullish side but chop into q4, approach the market with realistic expectations, this year will be tough until it proves otherwise.
5.) rest up but don't check out. Be ready for new trends, themes, but don't waste effort chasing the ghosts of Christmas past.
6.) Diversify. Spent q4 using market profits on other deals, expand on that. continue turning market gains into real assets. Take money out of the market.
Trading Less, Winning More: 2026 Goals
Thereās a profound paradox in trading that most of us take years to understand: The path to better returns often runs directly through doing less, not more.
For 2026, Iām making a commitment that flies in the face of everything our action-addicted minds tell us we should do. Iām choosing to trade significantly less. Not because Iām losing confidenceābut because Iām finally gaining wisdom.
The Power of Selective Action
My plan is simple: Let my Trend MAP be my gatekeeper. Only when the probabilities stack heavily in my favor will I step into the arena. For all other timesāand there will be manyāIāll do the hardest thing a trader can do: absolutely nothing.
This isnāt laziness. Itās discipline weaponized.
Quality Over Quantity, Always
When I do trade, Iām raising my standards dramatically:
- Deep liquidityābecause you canāt exit a position in a company nobody wants to trade
- Primary focus on pullbacks from the Traders Lab Liquid Leaders list āthe cream of the crop, the marketās true champions
And for that one company showing the strongest relative strength? Iāll be patient, stalking my entry, waiting for the perfect momentāa pullback to the 8 or 10 EMA on THE liquid leader.
The Courage to Be Selective
Hereās what nobody tells you when you start trading: Your portfolio doesnāt remember how many trades you made. It only remembers which ones you made.
Every legendary trader has the same secret: they wait. They watch. They let countless āopportunitiesā pass by because they understand something crucialānot every pitch deserves a swing. In fact, most donāt.
Why This Matters Beyond Returns
This approach isnāt just about making more money (though thatās certainly welcome). Itās about:
- Preserving mental energy for the trades that truly matter
- Reducing stress by eliminating the noise
- Building patience as a competitive advantage
- Honoring the process over chasing action
When youāre constantly in the market, youāre constantly exposedāto volatility, to emotion, to decision fatigue. But when you step back and only engage when conditions are optimal? Youāre playing an entirely different game.
The Invitation
As we head into 2026, I invite you to consider your own relationship with activity. Are you trading because the setup is there, or because you feel like you should be doing something?
Remember: The market rewards patience, not participation.
Hereās to a year of fewer trades, better setups, and the kind of returns that come from knowing when to actāand more importantly, when not to.
The Trend MAP is ready. The plan is set. Now comes the hardest part: the disciplined execution.
Happy trading,
BWC
I am Nate Anderson, the founder of Hindenburg Research referenced repeatedly in this bizarre and fantastical interview. During my career, I helped expose numerous financial scams, including over a dozen Ponzi schemes and numerous instances of public companies lying to and stealing from investors: https://t.co/a40Lw3zTMp
I am immensely proud of that career including our work on Nikola Motors referenced in the interview.
Trevor Milton is a convicted fraudster held criminally responsible for the incineration of hundreds of millions of dollars in retail investorsā hard-earned money. As should be unsurprising, Milton in this interview seems to just fabricate key events and information out of thin air ā unfortunately with zero critical questioning or pushback from Tucker.
For starters, contrary to Trevor Miltonās implications that his prosecution was some sort of Biden administration conspiracy, conveniently neither Milton nor Tucker share that the investigation into Milton was started and disclosed in September 2020 ā under the first TRUMP administration and well before the 2020 election.
There were numerous inaccuracies throughout the interview. The claim that Hindenburg paid employees for inside information is patently absurd. The key whistleblower discussed in the interview was only briefly a contractor for Milton. He was so horrified by what he viewed as Miltonās repeated false claims that he did a tremendous amount of research on his own, unraveling numerous additional suspected lies that Milton peddled to the investing public.
Further, Hindenburg didnāt ācoordinateā anything with media or the DoJ. Such entities ran their own investigations for their own purposes unconnected to us. There was ample evidence that Milton misstated numerous aspects of his business, as the company itself later acknowledged.
It would take hours to write about all the other absurdities, half-truths, innuendos and false statements in this interview but in the interest of correcting some of the record, hereās a handful:
- Milton waxes on about his pardon, but no one mentioned that Miltonās lawyer was Brad Bondiāthe brother of AG Pam Bondi. Nor did anyone mention that Milton donated $900 thousand to Trump in October 2024, less than a month before the recent electionāstrategically timed well after his criminal conviction and immediately prior to the presidential election. Trump acknowledged he had never heard of Milton before being asked to pardon him but relied on others for the recommendation.
- Milton failed to mention that immediately prior to his resignation from his company, beyond the extensive allegations of fraud, he was also publicly accused of multiple instances of sexual assault, including by his own cousin, who went on-the-record with her allegations.
- I can only wonder what kind of investigation Tucker undertook of the fraud allegations against Milton before having him on. Milton literally video-taped a truck rolling down a hill implying that it was driving under its own power. He also went up on stage and said a truck that didnāt work āfully functions and works.ā
- Waxing poetic about hydrogen in the interview echoes Nikolaās lies to retail investors that it successfully produced hydrogen at a cost ~81% lower than anyone on earth, a feat that would have upended the entire energy industry had it been remotely true. Nikolaās head of hydrogen production, presumably in charge of this world-changing scientific breakthrough, turned out to be Miltonās own brother, who had no scientific background and previously did odd construction jobs in Hawaii.
- These werenāt one-off misstatementsāthere were dozens of examples like these. As the DoJ said ā and proved in court ā Milton āmade false claims regarding nearly all aspects of Nikolaās business.ā The company itself admitted to many of these false statements, agreed to a $125 million fine, and won an arbitration against Milton holding him personally liable for his conduct.
- Milton claimed that Hindenburg made $30m-$100m on our Nikola investmentāthis isnāt even close (we made a fraction of that). Trevor seems to just be making these numbers up out of thin air.
Hilariously, Tucker opened by suggesting that short selling was illegal until 2007, a claim that is completely false. After confirming that he knows nothing about the subject, he went on to suggest that short selling should be criminalized outright.
Short selling has existed for hundreds of years, and for good reason. Short sellers play a critical role in the functioning of healthy markets, similar to the role of investigative journalists, (which I presume Tucker considers himself akin to).
Most companies are a force for good and economic growth. However, some companies lie and engage in fraud. Short sellers have exposed nearly every major corporate fraud in the past several decades because just as there is an economic incentive for identifying the good companies, there is also an economic model for identifying the scams. This is how free markets and free speech worksāhelping weed out the bad companies and those stealing from investors so good companies have more room to thrive.
Claiming to be a free speech advocate while casually advocating for the imprisonment of anyone who dares to speak critically about public companies is a contradiction of the highest order.
In short, Tucker, I highly suggest you actually vet the people you welcome onto your platform. If you find yourself staring, mouth agape at your interviewee, repeatedly saying āWow! This is unbelievable!ā it may in fact be because itās unbelievable.
You reach a lot of people and this one was an avoidable miss. Good day.
Bro. I was a one piece hater. I thought it was ugly. I didnāt care to learn.
But I was blind. And now. I see.
Iāve been watching for 2 years now.
I will follow Captain Monkey D. Luffy to the ends of the earth. And he will be King of the Pirates. The one piece. Is real.
One Piece Episode 1136⦠mandatory watch. I havenāt cried this hard in awhile this episode destroyed me
Easily Koyamaās best work to date, I donāt think the Kuma run sequence couldāve been done more perfectly
100/10 cinema idk how he does it