@tymofii@NoamShazeer Good intel. Thank you. It’s unbelievable but exciting (from a competitive standpoint) that tech experts are getting the same generic advice as HNW biz owners in SouthFL. We’ve earned a ton of business because EVERYONE is getting pitched hyper diversification and insurance 🤦🏼♂️
@NoamShazeer any advice on how to earn wealth management business from someone on the forefront on the AI engineering world?
What do you guys/gals need?
@HagadornDreams@FlowMaster76@michiganstateu I bleed green, but have become slightly disconnected and have never been well read on how we were being administered. Can someone ELI5 why the AD peacing out falls on the board? Is it that they simply didn’t hire someone who was truly committed to MSU?
We are now in a harder environment for traditional swing trading.
Breadth is below the 21-day EMA.
Volatility is expanding.
The hardest part is the transition.
The first few weeks after an easy-money environment are where traders do the most damage.
You've probably taken a drawdown.
Maybe a nasty one.
And now you're in make-back mode.
You're no longer focused on what you're up.
You're anchored to the equity high and how much you gave back.
The market doesn't care about your high-water mark.
It only cares whether you're trading the tape in front of you.
The first rule of a regime change:
Stop trading last month's market.
Crypto is entering a consolidation phase.
In the dotcom era, the markets simultaneously (a) overpriced the losers and (b) underpriced the eventual winners.
The winners and the market size turned out to be way bigger than we imagined.
Top crypto projects with sufficient cash and runway to dominate their respective verticals will sweep the upcoming market.
@bl33ds_purpl3@JC_ParetsX "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria." Sir John Templeton
I sure think this says we aren't anywhere close to euphoria.
@RyanDetrick I’m still siding with your stat from last year of ‘when the Fed cuts rates within a few percent of all time highs…’
Those are odds that only silly people would bet against
With that being said, the last time the Qs were trading 80+ RSI…the reset button was tapped.