My NBA top five all-time
1. LeBron
2. MJ
3. Magic/Larry
4. Shaq
5. Steph
Each of these guys revolutionized the game. MJ lost in 84, 85, 86, 87, 88, 89 and 90. He also quit in his prime to suck at baseball. Stop screenshotting his career. Lebron is clear. Argue with a wall
Tim Dillon on MAGA: “It’s the greatest con in history, truly. To run as America First and you’re gonna take care of America and then turn around and go all of these things daycare, Medicare, we have nothing to do with that, we’re fighting wars. It is the greatest scam in history”
Every single finance guru that claimed the sky was falling this weekend needs to be shamed. Any experienced investor/trader knew retail would get clapped today for listening to them.
CALL THEM ALL OUT
Solider Field is a historic stadium on Lake Michigan with an entire city skyline visible from most of the seats but Bears fans would rather go to Indiana so they can park closer. Lazy and embarrassing fan base.
If I have to pay $6 to rent a 40 year old movie off Amazon when I have a Prime subscription then we should just reopen Blockbuster. I'd rather have their employees judge my life choices.
im convinced that 90%+ of people working in offices don’t do anything
there’s 10% of people driving things forward and 90% of people sending emails, jumping on zoom calls and pushing paper pretending to look busy
got a DM from a guy who said he made $1.2M trading last year
looked at his profile. 847 followers. no course. no discord. posts maybe twice a week.
thought it was cap
asked him to prove it
he sent broker statements. verified. real.
so I asked him one question: "what's your strategy?"
his answer changed how I think about trading forever.
"I trade one pattern. literally one. for 9 years."
"just one?"
"just one. bullish engulfing at daily support. that's it."
"you made $1.2M from bullish engulfings?"
"I made $1.2M from being the most patient motherfucker on planet earth."
he explained:
when he started, he was like everyone else. 47 indicators. 12 strategies. telegram signals. news trading. scalping. swing. everything.
blew $340k in 4 years.
his wife told him he was done. trading was over. get a real job.
"that's when I got serious."
he spent 6 months backtesting ONE setup. bullish engulfing at daily support. over 3 years of data. (i don't even know how the fuck support/resistance work lmao)
found it hit 61% of the time with average 2.8R when traded correctly.
"that was enough. I didn't need anything else."
now he wakes up. checks daily charts for 15 minutes. if the setup is there, he takes it. if not, he plays golf.
"some weeks I take zero trades."
"doesn't that drive you crazy?"
"it drove me crazy for the first 6 months. now I don't even think about it. no setup = no trade. the market owes me nothing."
I asked about his typical month:
- trades: 8-12
- winners: 5-7
- losers: 3-5
- average month: $70-120k
"you make six figures taking 10 trades a month?"
"bro most months I make more than I made the entire year when I was taking 10 trades a day."
this broke something in my brain.
we've been told MORE effort = MORE results
but trading is inverted
LESS effort = MORE results
because effort in trading usually means:
- more trades (more mistakes)
- more screen time (more emotional decisions)
- more analysis (more paralysis)
- more indicators (more confusion)
he told me his screen time went from 8 hours per day to 45 minutes per week.
his income went from -$80k/year to +$1.2M/year.
inverse correlation
I asked for his advice to new traders:
"pick one setup. test it. prove it works. then do ONLY that setup for 3 years. you'll be rich and everyone will think you're a genius. you're not. you're just patient."
before I ended the call:
"one more thing. everyone who tells you trading is hard is right. but not because the market is hard. because DOING NOTHING is hard. that's the actual skill. doing nothing while everyone else is busy losing money."
he hung up.
probably went to go do nothing.