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subscribe to my discord when im on DD thanks see you later very useful wowz
Iran was trying to use the North Korean model to get a nuke: create sufficient conventional deterrence so you won’t be challenged in acquiring one (it’s called the Seoul Hostage Problem).
This has been explained over and over since day one.
Everyone claiming shifting goalposts or no imminent threat has been lying.
The reason North Korea was allowed to get nukes is because Seoul (and its 10 million inhabitants) is within artillery and rocket range of North Korea.
During the 1994 nuclear crisis, the Clinton administration seriously considered airstrikes on North Korea’s Yongbyon reactor but backed off precisely because of the artillery threat to Seoul.
Iran was trying to accomplish the same by stockpiling missiles and drones which would have had the same deterrent effect. The proof is what Iran has been doing in the past month: attacking all its neighbors in order to pressure the US to stop attacking it
Beyond this, they were building medium-range ballistic missiles that could reach Paris and London, meaning all of Europe could be held hostage as they built a nuclear bomb.
The reason Iran has not built a nuclear weapon until now is not because it couldn’t, but because it knew it would be attacked and denied this capability.
So by allowing them to continue developing this conventional deterrence, you would be allowing Iran to get a nuclear weapon.
And unlike North Korea, Iran is led by an eschatological death cult
Reagan saw nuclear mutually assured destruction (MAD) as both morally bankrupt (because of the innocent-body-count problem) and dangerously fragile because it assumed flawless rationality between adversaries…this means it only takes one irrational actor to destroy the world.
Working backwards from the conclusion that Iran’s Islamist regime must never have a nuclear weapon, it was necessary for the US to attack Iran to deny it the conventional capacity to hold the entire eastern hemisphere hostage.
Every European leader knows this and behind the scenes praises the US for this action. But they are cowards, held hostage by their own internal Muslim populations, and so adopt these ridiculous public positions.
This was never about Israel. And if your argument is that Iran should be allowed to get a nuclear weapon then you are a fool and a traitor to western civilization…you’re a useful idiot
@edu_trades People have asked me this many times, and I still don’t see any reason to do it.
Besides, if I say too much @TheoryTrading and his boys might take me out.
Marico conozco a 4 de los 9 market Wizzards. 🤩🤗
Para q tengas una idea, Ray Dalio, Steve Cohen, Stanley Druckenmiller, Paul Tudor Jones, Richard Dennis, Ed Seykota, Edward Thorp, Jason Shapiro fueron market Wizzards. Estos son los Cruyff, Pele, Maradona, Zidane del trading.
Estos nuevos serán… Los Messi, Ronaldo, Mbappe, Haaland del trading.
No puedo esperar a comprar este libro.
Los anteriores me inspiraron TANTO.
Muy emocionado por esta serie!
Por cierto. Gracias al evento q se hará en Miami es q conocí a estos monstruos. @Traders4ACause
Nos vemos allá!
Small caps is the last bastion of the market that isn't dominated by algos and institutions.
It is real people making real-time decisions.
The tape.
Price action.
Level 2.
It prints a story of human nature.
Even the so-called "rigged" tickers are moved by real people.
This is a HUGE edge, once you realize how psychology is involved.
If you can read people...
If you are good with human nature...
...you will excel with small caps.
It is a giant PvP server.
For every ShortBear, Jeppez or Tradethematrix of the trading world
There are hundreds of thousands who tried the same game and failed.
Chased the setups, sized up, got emotional and blew up their accounts without ever tweeting about it.
A lot of trading success boils down to boring discipline: sticking to rules, cutting losses fast, sizing small, surviving long enough.
Most don't.
Gotta be disciplined or join the silent majority. 📉💀
So funny how @MartinShkreli made both Shark from SMB (cc: @TheOneLanceB) and @Qullamaggie pay their market tuition when he was CEO of KBIO
They both went on to become the most successful traders of our time and credits their losses on this trade for how they learned proper risk management