$AMZE $ABCL $AMC $RUM $BULL $BB $GME 20K followers and 100K likes on TikTok, 1 million views+ on YouTube. MEME ACCOUNT. You are getting advice from a tiger ๐
A billionaire trader has spent 40 years trying to delete a one-hour documentary. It shows him making $100 million in a single afternoon. He predicted the crash that made it possible three months in advance. He has never explained why he wants the film gone. His name is Paul Tudor Jones. The film is on YouTube.
The documentary is called "Trader." PBS filmed it in 1987, three months before Black Monday. Jones was 32 years old, working from a small New York office, wearing shorts and a t-shirt, yelling at his phones, throwing paper across the room, and sleeping under his desk. The film captures him and his research partner Peter Borish overlaying a chart of the 1929 market on 1987, month by month. The two charts tracked within one percent. Borish said this is exactly what happened in 1929. Jones said if the analog holds, October is when it breaks.
On October 19, 1987, the Dow fell 22.6 percent in a single day. It remains the largest one-day percentage loss in stock market history. That afternoon, Tudor Jones covered his shorts and made roughly $100 million. He was 33 years old. He was one of the very few traders on the street who came out ahead.
He tried to bury the tape because it made him look reckless in a professional world that punished swagger. Twenty years of legal effort did not delete it. Someone kept a copy. It is on YouTube. It has fewer views than most makeup tutorials.
The film is not really about a crash. It is about a specific philosophy of trading. Jones is shown building conviction slowly, sizing carefully, then striking hard when the setup arrives. He is never once shown making a random bet. He is shown doing the same thing five times a day, every day, for three months.
His signature line, repeated across a 45-year career:
"The most important rule of trading is to play great defense, not great offense."
He does not try to be right. He tries not to lose. He sets stops tight, cuts positions fast, and never averages down on a loser. Every trade in the film follows this template.
Tudor Investment Corp, the fund he founded in 1980, has compounded at roughly 19 percent a year for 45 years. He is 71 years old and still trading. His method has not changed since the film.
The lesson: greatness in markets is a refusal, not a talent. Refusal to be reckless. Refusal to be certain. Refusal to average down. Refusal to trust yourself in a drawdown. Tudor Jones has refused those refusals for 45 years.
The tape is free. The philosophy is repeated in every trade. Most traders will never watch it.
@Nick_Palma1010 When my uncle was really sick before he passed away, everytime I was down in Philly at Jefferson hospital, Iโd give the homeless $100-$300 each. Itโs not about the money. Life is short. We never know what will happen tomorrow.
@Nick_Palma1010 More people need to do this. Give back to those in need regardless of what they do with the money. Who cares. Let them decide. Maybe it helps them see the positive light in the world and they get better.
If you are a former โreply guyโ whether 1 day ago or 3 years ago, ๐ will find you and demonetize you. Big accounts are being demonetized recently. Even though the rules of the past werenโt in place, the system is finding people and demonetizing them. When AI was new, accounts tried grok or ChatGPT to test it. Think very early days. Your replies and posts still exist. Iโm not referring to using AI to reply unnaturally but people used AI to write articles or posts. Everyone was doing it to test it. You may be demonetized for it. The solution may be to delete those posts and replies
Ok, I know some of you are mad, because there might be some false positives affected by this too.
But quite frankly, a lot of the accounts Iโve seen affected by this did overuse dubious engagement strategies.
I do think itโs a good thing if bad behaviors are disincentivized.
https://t.co/UqDAEMZTQT
A guy at my gym quit his $85,000 accounting job to play poker full-time funded entirely by 0% business credit
He made $340,000 his first year and wrote off his losses as business expenses
"that is definitely illegal"
It's not. The IRS explicitly recognizes professional gambling as a trade or business under IRC Section 162. If poker is your primary source of income, you file as a self-employed professional gambler. Your buy-ins are business expenses. Your winnings are business income. Your travel to tournaments is deductible. Your home office where you play online is deductible
He formed an LLC called "Strategic Gaming Enterprises." He stacked $120,000 in 0% business cards. He liquidated $80,000 into his business checking as his bankroll. The remaining $40,000 covers travel and living expenses for the first year
His first year playing professionally:
Tournament buy-ins: $94,000
Tournament winnings: $312,000
Cash game sessions: 840 hours
Cash game profit: $118,000
Total gross income: $430,000
Total expenses (buy-ins + travel + coaching + software + home office): $142,000
Taxable income: $288,000
After self-employment tax and deductions including a Solo 401k contribution of $66,000 (reducing his taxable income by another $66K), his effective tax rate was about 24%
His old job paid $85,000 and taxed him at 32% effective because W-2 employees can't deduct shit
"what if he had a losing year"
Professional gambling losses are fully deductible against other gambling income under the Tax Cuts and Jobs Act. And here's the dark part: if he structured it correctly through his LLC, significant losing sessions can sometimes be used to offset other income depending on his filing situation and whether the gambling is treated as a regular business under Section 162
He keeps meticulous records. Every session logged. Every buy-in receipted. Every travel expense documented. His accountant (his old coworker from the firm he left) files his returns and has never had an issue
The 0% cards funded his transition from cubicle to casino. The $80,000 bankroll gave him enough runway to survive variance (poker has massive short-term swings even for winning players). Without the bankroll cushion, one bad month would have sent him back to accounting
Month 4 was a disaster. Lost $31,000. Any normal person would have panicked and quit. He had $49,000 remaining in his bankroll and the 0% cards covering his rent. He kept playing. Months 5 through 12 he won $380,000
The cards were paid off from tournament winnings by month 7. He's on his second year now. Bankroll is $290,000. He plays the World Series of Poker main event every summer with buy-in money that Chase provided at 0% interest
His old coworkers are still doing tax returns for $85K a year. He's in a penthouse in Vegas writing off his rent as a business expense because his "office" is a poker table
the IRS taxes poker winnings. the IRS also lets you deduct poker losses. one of those facts is on the front page of their website. the other one you have to dig for. guess which one lmfaooo
dm me "funding" and i'll show you how you can qualify for up to 250k in 0% APR funding (if you have a 700+)