@Chrissssjohnson Not everything in life can give you money in return.
Meanwhile, the importance of making money isn't just to keep accumulating it
Money will give you choices and freedom in life
And you can still spend money to save time, buy comfortable, and live life on your terms.
The future of work is not a job.
It's a portfolio.
Three income streams. One skill stack. Total control of your time. The people who build that portfolio now will be unreachable in a decade. The people who wait for a stable job will be waiting for something that stopped existing.
@Mr_Derivatives Most people have literally zero clue how to read a stock chart so they will label it as gambling secondary to ego because they can’t comprehend it or even believe its possible to learn.
The amount of money that can be made trading NQ or SPX from 9:30am - 10am is incredible.
He started with 13,000 dollars in a small Tokyo apartment.
Eight years later he was worth over 150 million, trading alone in a T-shirt.
The one habit this shy college kid used to crush Wall Street pros 👇
How to fill your "free time" as a trader:
(full breakdown...feel free to bookmark + use)
Some of you guys know that the majority of big success in trading comes from waiting + letting positions work.
I've talked about this before, but it's too important not to resurface.
So how do I fill the extra time with stuff that makes me a better active investor?
Welp, I'll walk you though some of what I do.
Do Deeper (Continuous) Research:
> what's a stock/theme that everyone's overlooking
> find cases of unusual volume, insider activity, etc
> study thematic maps + changes over time (finviz)
> dig into geopolitics, macro
> study historical tendencies of markets
> look deeply into teams & leadership
> understand a company's moat + potential
> keep digging into your current positions' thesis
Education:
Youtube channels:
> @Qullamaggie (swing trading mechanics)
> @RealSimpleAriel (swing trading, etc)
> Amit Kukreja @amitisinvesting (deep dives)
> @TheShortBear (all his old stuff is gold)
> @TraderLion (well-rounded edu)
> Harvard Innovation Labs (business acumen)
> Institute of Trading (retail trading)
> @Wordsofrizdom (conversations with traders)
> @tbpn (business acumen + current events)
> will be adding more
Substacks:
~ @agnostoxxx's (good mix of macro, ideas, thoughts)
~ @zastocks's (trading principles, lessons, research)
~ @citrini (all around, thematic deep research)
~ @market_sleuth (experience, vix + data, lessons)
~ @michaelsikand, asymmetrical bets (deep research)
~ @babyfolio's edelbridge alpha
~ @Gaetano2026 (photonics, ai, tech)
~ @ren_stocks (ai infra, semis, tech)
~ @TheBigBerbowski (great guy, great writeups)
~ others based on your style
Messing around with tools + seeing how to best leverage:
- @finviz_com (screeners, thematic maps, etc)
- @GodelTerminal (data feeds, movers, news)
- @tradingview (charts, scripts, indicators)
- bunch more, but it's always good to mess around with tools & see what functionality can help you
Interviews:
- @StocksOnSpaces (@stocktalkweekly + team)
- @MollySOShea's interviews (ceo's, executives, pe/vc)
- @patrick_oshag's interviews (investing + market legends)
- @amitisinvesting's interviews (ceo's, public companies, leaders)
Data dropping favs:
+ @ConnorJBates_ (data, charts, sentiment)
+ @WallStJesus (surveys, price target changes, etc)
+ @KobeissiLetter (deep analysis, news, data)
Books:
= Reminiscences of a Stock Operator (psych + cycles)
= Market Wizards (pattern recognition across styles)
= The Psychology of Money (behavior > strategy)
= Poor Charlie’s Almanack (decision making)
= The Outsiders (capital allocation)
Use "free time" to get smarter on markets, business, and how the game works...without overtrading or making stupid trades out of boredom.
Other things to observe:
> use @finviz_com's (or other) screeners for top gainers/losers, most active, unusual volume, etc.
> what headlines dropped + how did those assets react?
> which names have relative strength consistently?
> what doesn't make sense?
> what are the next big catalysts for the markets overall, and your assets?
Don't forget to review performance:
- use some of your "free time" to go back and review the past few months/years.
- what worked? what didn't? why didn't it work? what should I change?
- where did I break my rules?
- average holding period, % performance month by month, etc
- know what makes you tick. find your weaknesses. use data to understand your style
Physically LEAVE the desk & screens:
> go for a walk
> workout
> go to the coffee shop
> hang out with your kids
> drive around with your wife
This isn't everything, but it's a start on how to best use your "free time" during, after, or in between trades.
The edge isn’t doing more…it’s doing less, with better information.
Luc
Your entire life changes the moment you realize you have main character armor.
You're going to make it through every hard, insane, surprising thing the movie of your life throws at you except for one: the end.
So you might as well dream big and shoot big because you're going to make it through, no matter what, except for the one time you don't.
And the moment that happens you don't have to watch the movie anymore.
One of the best things about crypto is there's always another trade around the corner.
This is a metaphor for life. You may be miserable today but realize you have no way to know what beautiful things may bring you joy tomorrow.
Once you finally make it, and trust me you will… never tell anyone how much money you make from trading.
Not your siblings, not your best friends, not social media.
It will be very tempting! But resist that urge at all costs. You’ll understand and thank yourself later.
Math absolutely changed my life for the better. Even more so than weight lifting and sports, which themselves have been extremely positive influences.
I'm surprised we don't think about math/mental exercise in the same way as physical exercise. No one questions that you can go to the gym and get stronger, or run consistently and get better cardio, but not many seem to think that you can just "make yourself smarter" by training your brain. I 100% feel that this was the case for me.
School math perhaps ruins it for a lot of people? I found school math extremely ineffective. Competition math worked way better for me, but also has its flaws.
Like going to the gym, math or any mental exercise needs to be hard. It should feel boring at first, frustrating, even hurt a bit. At least until you're competent and can find flow in the process.
You need to pick hard problems to work on. Like when going to the gym, you should come out of a good math session feeling exhausted but proud. You need to push your limits – occasionally pick problems you're not sure you can solve and spend at least 10+ hours before giving up.
Math is awesome. Do more math.
Repetition Rewires The Brain.
Repetition Rewires The Brain.
Repetition Rewires The Brain.
Repetition Rewires The Brain.
Repetition Rewires The Brain.
Repetition Rewires The Brain.
Repetition Rewires The Brain.