Johnny L

IUOE 15 Crane Operator for income. My FAMILY is EVERYTHING. Goal is to be financially independent while always Helping Others. MPA member.

[Johnny L @Jlaricos]

Push your views aside and trade the price action. Price is the only thing that matters. Protect your principle and trade at a non emotional level. Strict stops & defined risk.

[Johnny L @Jlaricos]

@FrankBr05713205 @TheBondFreak Probably one of the best classes and teacher in the school. God Bless.

[Johnny L @Jlaricos]

@markminervini That has Golden information in it with regards to risk management. Read it 100 times, then read it again.

[Scott Redler @RedDogT3]

If you don't have money for a course, watch these videos instead.

Your tuition is time.

https://t.co/h3fWiuqn8X

[Mark Minervini @markminervini]

One of the most important things you can do as a stock trader is to be patient with yourself and allow yourself time to grow. Not all flowers bloom at the same time, and not every journey unfolds on the same schedule. It may take you longer than someone else to develop the skills, discipline, and understanding needed to succeed, but that doesn't mean you're any less capable.
Avoid measuring your progress against others. Everyone learns at a different pace and reaches important milestones at different points in life. Trading is a personal journey, and your timeline is your own.
I know this firsthand because I was a very slow starter. It took me six years before I even became profitable. There were many times when I could have concluded that I simply didn't have what it takes. But persistence, patience, and a commitment to continual improvement made all the difference. Most of all, I knew that those who succeeded were just men like me, and if they did it, then so could I.
So give yourself space and grace. Give yourself time. Stay committed to the process and focus on getting a little better each day.
Above all, be patient with yourself—the big rewards come to those who refuse to quit before their time arrives. If I could do it, so can you.
https://t.co/JXzFFTmMtn

[Evan @StockMKTNewz]

The top 10 largest stocks in the world are now worth a combined $29.84 Trillion up from $29.32T last week

[Johnny L @Jlaricos]

@jfahmy You are awesome Joe! Lol

[Johnny L @Jlaricos]

@brankjanssen Thank you for the honest share. We are all struggling to be better everyday. I try and remember the quote from Sir Edmund Hillary, “It is not the mountain we conquer- but ourselves”. Mark Douglas and Paula Webb have a lot of great material for this. Best of luck.

[Scott Redler @RedDogT3]

Next week we have the jobs report + $PANW $AVGO $CRWD $CIEN $LULU and more

Get on my mailing list Monday morning:

https://t.co/YtTTmqCyAJ

[Johnny L @Jlaricos]

@Eddyfisher230 And I thought I did a great proposal. Lol. Congratulations and all the best. Health, Love and Happiness!

[Aina @Aina_Ai2]

I WALKED INTO THE APPLE STORE LAST WEEK WITH AN IPHONE TOO HOT TO HOLD.

“IS SOMETHING WRONG WITH IT?”

THE TECHNICIAN RAN EVERY TEST. EVERYTHING CAME BACK NORMAL.

THEN HE LEANED IN AND SAID SOMETHING I’LL NEVER FORGET:

“THERE ARE 2 SETTINGS TURNED ON INSIDE YOUR IPHONE RIGHT NOW THAT ARE SLOWLY COOKING IT. APPLE TURNS THEM ON BY DEFAULT. THEY QUIETLY SHORTEN YOUR IPHONE'S LIFESPAN.”

I ASKED THE OBVIOUS QUESTION:

“SO APPLE IS WEARING OUT MY OWN PHONE ON PURPOSE?”

HE DIDN’T ANSWER.

HERE’S EVERYTHING HE SHOWED ME IN THE NEXT 5 MINUTES (SAVE THIS 🔖 YOUR IPHONE WILL THANK YOU):

[Danny Naz @ThePupOfWallSt]

Nice list @dvandenbord, just made it pretty : )

[Johnny L @Jlaricos]

@rfehrm That looks like a Tiara. Beautiful boat. Enjoy.

[Johnny L @Jlaricos]

@PeterLBrandt That 1% rule is off of any amount of base capital correct? It was hard for me in the beginning to understand this rule only trading a 10k portfolio. The reality really kicks in when you have a losing streak (then gamblers bias also kicks in). Thank you for all that you share.

[Johnny L @Jlaricos]

@CFlanders7 Thank you for your time Brother. appreciate all that you have been posting. Extremely helpful insights.

[Brivael Le Pogam @brivael]

Je veux présenter mes excuses, au nom des Français, pour avoir enfanté la French Theory (qui a enfanté la pire des merdes idéologiques : le wokisme).

Nous avons donné au monde Descartes, Pascal, Tocqueville. Et puis, dans les ruines intellectuelles de l'après-68, nous avons donné Foucault, Derrida, Deleuze. Trois hommes brillants qui ont fabriqué, dans l'élégance de notre langue, l'arme idéologique qui paralyse aujourd'hui l'Occident.

Il faut comprendre ce qu'ils ont fait. Foucault a enseigné que la vérité n'existe pas, qu'il n'y a que des rapports de pouvoir déguisés en savoir. Que la science, la raison, la justice, l'institution médicale, l'école, la prison, la sexualité, tout n'est qu'une mise en scène de la domination. Derrida a enseigné que les textes n'ont pas de sens stable, que tout signifiant glisse, que toute lecture est une trahison, que l'auteur est mort et que le lecteur règne. Deleuze a enseigné qu'il fallait préférer le rhizome à l'arbre, le nomade au sédentaire, le désir à la loi, le devenir à l'être, la différence à l'identité.

Pris isolément, ce sont des thèses discutables. Combinées, exportées, vulgarisées, elles forment un système. Et ce système est un poison.

Car voici ce qui s'est passé. Ces textes, illisibles en France, ont traversé l'Atlantique. Les départements de Yale, de Berkeley, de Columbia les ont absorbés dans les années 80. Ils y ont trouvé un terreau qui n'existait pas chez nous : le puritanisme américain, sa culpabilité raciale, son obsession identitaire. La French Theory s'est mariée à ce substrat, et l'enfant de ce mariage s'appelle le wokisme.

Judith Butler lit Foucault et invente le genre performatif. Edward Said lit Foucault et invente le post-colonialisme académique. Kimberlé Crenshaw hérite du cadre et invente l'intersectionnalité. À chaque étape, la matrice est française : il n'y a pas de vérité, il n'y a que du pouvoir, donc toute hiérarchie est suspecte, toute institution est oppressive, toute norme est violence, toute identité est construite donc négociable, toute majorité est coupable.

Voilà comment trois philosophes parisiens, qui n'ont probablement jamais imaginé leurs conséquences pratiques, ont fourni le logiciel d'exploitation à une génération entière d'activistes, de bureaucrates universitaires, de DRH, de journalistes, de législateurs. Voilà comment on a obtenu une civilisation qui ne sait plus dire si une femme est une femme, si sa propre histoire mérite d'être défendue, si le mérite existe, si la vérité se distingue de l'opinion.

C'est de la merde pour une raison simple, et il faut la dire calmement. Une civilisation se tient debout sur trois piliers : la croyance qu'il existe une vérité accessible à la raison, la croyance qu'il existe un bien distinct du mal, la croyance qu'il existe un héritage à transmettre. La French Theory a entrepris de dynamiter les trois. Pas par méchanceté. Par jeu intellectuel, par fascination du soupçon, par haine de la bourgeoisie qui les avait nourris. Mais le résultat est là. Une génération entière a appris à déconstruire et n'a jamais appris à construire. Une génération entière sait soupçonner et ne sait plus admirer. Une génération entière voit le pouvoir partout et la beauté nulle part.

Je m'excuse parce que nous, Français, avons une responsabilité particulière. C'est notre langue, nos universités, nos éditeurs, notre prestige qui ont donné à ce nihilisme son emballage chic. Sans la légitimité de la Sorbonne et de Vincennes, ces idées n'auraient jamais traversé l'océan. Nous avons exporté le doute comme d'autres exportent des armes.

Ce qui se construit maintenant, en silicon valley, dans les labos d'IA, dans les startups, dans les ateliers, dans tous les lieux où des gens fabriquent encore des choses au lieu de les déconstruire, c'est la réponse. Une civilisation se reconstruit par les bâtisseurs, pas par les commentateurs. Par ceux qui croient que la vérité existe et qu'elle vaut qu'on s'y consacre. Par ceux qui assument une hiérarchie du beau, du vrai, du bon, et qui n'ont pas honte de la transmettre.

Alors pardon. Et au travail.

[Christian Flanders @CFlanders7]

Trusting the process

In January 2024, I took a trade that made my year and changed the trajectory of my trading forever. I pyramided aggressively into NVDA as it broke out. It was my largest position as a % of my account ever.

At the time, Stanley Druckenmiller was reducing his position (he was likely the seller at $500). He would later go on to say in interviews that he made a mistake selling it then.

If I had known at the time that Druck was selling it to me, would I have still bought it?

The rally in April was one of the most powerful ever as stocks went vertical. I was slow to adjust and missed the most powerful movers off the lows (moves that I usually miss). I trusted that come earnings season I would get a shot at my best set up.

A few days ago on May 4th I finally had enough winning positions on to be on margin for this rally. Many traders, some of whom are excellent and I highly respect have been reducing into the rally (they caught the super movers off the lows) and shying away from new positions. I followed my process and continued to buy break outs.

Livermore in his amazing book wrote about the dangers of listening to others. He took some of his greatest losses listening to highly intelligent speculators and betrayed his own process and rules.

"For Jesse Livermore, the greatest danger in being influenced by others was the loss of independent judgment and the contamination of a proven trading plan with "tips" or "herd mentality."

The Core Danger: Social Contamination Livermore believed the stock market is a battle against human nature, specifically the instinct to follow the crowd.

The Crowd is Usually Wrong: He argued that by the time "the majority" is excited about a stock, the smart money is already exiting.

The Folly of Tips: He explicitly warned to "never trust tips" because they bypass your own logic and stop you from thinking for yourself.

Gossip as a Distraction: Livermore eventually moved to private offices because the "demoralizing hubbub" of brokerage rooms made concentration impossible.

Why Being Influenced is Fatal to a Trader
According to Livermore’s principles, external influence destroys the temperament needed to succeed

Erosion of Rules: A single outside opinion can cause a trader to betray their own stop-loss or entry rules, leading to "trauma" for the trading psyche.

Outcome Bias: Influences often focus on the "win," but Livermore focused on flawless execution. Listening to others makes you focus on profits rather than following your process.

Internal Enemies: He noted that "the speculator's chief enemies are always boring from within," but these are often triggered by social pressure and hope/fear shared by others."

My point is, it doesn't matter who is doing what. If you have a process, follow it. Let the chips fall where they may.

[Johnny L @Jlaricos]

@Banana3Stocks Beautiful Family Brother. Thank you for all that you share.