Quick wins and massive gains with maximum leverage are often celebrated for their spectacular nature. But the reality is that the consistency of a robust, stable system with little to no leverage and strict risk management will always outperform over the long term.
I prefer this quieter work in the shadows, driven by a genuine desire for growth and a steady, consistent learning curve, far from the noise of rapid successes and failures.
The warning signs have been there recently. We can choose to ignore them or listen to them. By listening to them it doesn’t mean we have to think the world is going to end.
Saw a guy last year hop from 1 strat to the next and allegedly did over 400%, now only trades when one of his indicators is green meaning hardly any trades this year compared to the 50+ per month last year. When something does not add up.......
Strategy hopping because you can’t make money isn’t the answer either. People blowing up left and right on 0des, oversizing on low volume days ect.
Soon as market gets hot it will be too late for most because you have no $ left.
@BigWaveChartist Leaders are extended at this point and need a pullback, whether the old leaders can get their act together and join in is to be debated. Current crop look fine.
https://t.co/L6KEmXueUD
It's crazy how fast this environment changes.
Most of the leaders are too extended intraday for my entries, but I'm not surprised institutions piled back into strength this morning.
This market can flip on a dime, a good lesson here on adaptability!
Nothing screaming at me from tonight's scans.
Leadership is still leadership, but most of these names need a few days to digest before the r/r gets appealing again IMO.
Names like $LLY, $RDDT, $IBM, $HIMS, $TEM, $TTWO, $RBRK + a few more I'll be watching closely.
Let's crush!
There are so many stocks with nice charts + setups outside of the AI trade.
If these were AI stocks everyone would be all over them, instead it’s crickets out there.
Software, consumer discretionary, fintech, healthcare, the list goes on. You have to look outside of the “leaders” to find the next potential leaders.
The AI trade has been fun and could very well continue but ignoring the other groups and stocks out there is likely leaving a lot of money on the table.
I think you can be so laser focused on one theme that it’s easy to ignore what is happening outside of that. The money moving in to software was in plain sight over the past few weeks.
Thought about this quote today given the rotation from semis to software:
"The biggest mistake investors make is they invest in the present rather than forward looking and looking at where the puck is going instead of where the puck is." -Stanley Druckenmiller
Saw similar with a guy I know claiming to make 400%+ last year and 100%+ every other year, start changing his style every two minutes and now hardly trades at all instead trying to pull in affiliate money. When something doesn’t add up………
Something I don't quite understand is if you're confident you can make 100%+ on your port a year and have been doing this for 5 years+, why tf is it worth your time to sell a course or substack?
One good trade should be more than a month of sub payments (maybe a year depending upon how good the trade is).
Only reason I can think of is you are not confident in your own abilities and want the sub money to refill the trading account when you lose.