Olivia
Online
Mikhail S.
@MikeCurrapps
Family, IT, Trading, BJJ
Joined November 2017
122 Following
100 Followers
83 Posts
New Blog is Live!
Market Wizards Q&A Nr. 1
Very happy to share the first of many posts coming over the next period.
The plan is to alternate between two formats:
First, answering your questions directly and building a deep databank of trading Q&A over time.
Second, publishing full framework-style posts that break down specific concepts in depth, so you can actually study them, understand them, and implement them.
After hundreds of messages, I’ll also be bringing back trade reviews to give you better insight into my preparation, execution, mistakes, and thought process.
Read it here:
https://t.co/inT23ieNdW
@OddStockTrader Literally watched it yesterday on my way back from Egypt.
BREAKING:
🚨Muslim lawmakers move to criminalize “Islamophobia” in Virginia After Virginia Elects Muslim Leuitenant Governor 🚨
Meet Saddam Azlan Salim, a Bengali- Muslim Democrat and first-generation immigrant from Bangladesh, who was elected to the Virginia Senate in 2023 representing the 37th district.
In January 2026, Salim introduced SB624, a bill aimed at incorporating a formal definition of "Islamophobia" into Virginia's assault and battery laws.
Here's what the bill does: It defines "Islamophobia" as "malicious prejudice or hatred directed toward Islam or Muslims." This applies even if the victim isn't actually Muslim, as long as the perpetrator targeted them based on a perceived connection to the faith. The bill also specifies that "religious conviction" explicitly includes Islam.
Additionally, it requires the Virginia Department of State Police, in consultation with the Attorney General and the Office of Diversity, Equity, and Inclusion, to add this definition to their hate crime reporting repository.
This comes after Virginia elected Muslim Ghazala Hashmi as their Leuitenant Governor. She was sworn in on a Quran on January 17, 2026.
You will soon be charged with a hate crime in Virginia if you speak truth about Islam.
In addition to his Islmophobia legislation, Saddam Salim also recently introduced 287(g), which Bans partnerships between ICE @ICEgov and local and state police, provides key measures to end discrimination by police during traffic stops, and stops schools from providing students' immigration info to immigration officers.
Virginia is being Islamified.
This should NOT be happening in America. They want you to be charged with a hate crime if you are anti-Islam!
These Muslims come to our country and they get elected so they can create laws to oppress us and flood our country with Islamic invaders and illegal aliens.
RECEIPTS 👇🏻
A CRITICAL MESSAGE TO ALL TRADERS
I would be remiss not to speak about the carnage that went on in the crypto markets yesterday. To those who just lost everything in the liquidation - this message is for you. And to those who had no exposure whatsoever - this message is also for you.
As awful as this moment feels, there is no undo button. But life does go on. I know that feeling. That pit in your stomach, that internal prayer that all of this is a bad dream. That desire that you could just go back in time and make those small changes you were so close to making. I feel you. I’ve been there multiple times.
No matter how many times it happens, it feels like your world collapses. You try to control your thoughts but your mind goes right back to what happened. It all seems hopeless. But if you’ve ever built anything once, you’ve already proven you can build again. Whether you lost $1,000, $1 million, or $100 million, the pain is real. Nobody’s pain should be minimized.
No matter how rich you are, you still feel those same primal emotions. We are programmed to feel that way. In fact, the more you lose, the heavier it often feels because the more your wealth has become your identity.
But recognize this: what you are feeling is our primal programming. Our evolutionary psychology to preserve and protect resources. That programming is flawed though.
We always have one ability: to take control over our thoughts and feelings. To recognize that we don’t need to keep reliving the same pain. As they say in Buddhism, being struck by the first arrow hurts. But we don’t need to keep forcing ourselves to get hit by the 2nd and 3rd and 4th. Even if it feels impossible, we can focus on the breathe and find control over our thoughts and emotions.
Money isn’t the most important thing in life. The things that truly matter can’t be bought, and they can’t be taken away by a liquidation - your health, your loved ones, your integrity, your ability to start again. The biggest gift we have is life itself and the freedom to carve a new future. That agency is what defines us as humans.
Get outside. Spend time with friends and family. Seek help if you need it. There is always room for a brighter tomorrow as long as you remember that you still have agency.
What you are feeling isn’t new. For millenia humans have felt this. Elon Musk and some of the greatest smartest wealthiest humans to ever have lived have also been on the precipice of losing it all. Multiple times. Every success story comes from those who persevered when it seemed darkest.
One of the most dangerous traps of wealth is how easily it fuses with our ego. Nobody is immune. Even when we are aware of it. Not me, not you, not any human. It’s part of our condition. The larger the number, the easier it is to confuse your net worth with your self-worth. Buddhism teaches that suffering comes from attachment. You are not your account balance. You are not your status as a trader. You are much more than that.
The hard truth is that the biggest lessons in life are usually learned through the rearview mirror. What’s done is done. The only way forward is to accept responsibility and move on.
Many peg their worth to the wealth of others. We see people around us make insane wealth. People we view as dumber or less deserving. So we ourselves increasingly move out on the risk spectrum to try to keep up. We must always play our own game.
The people we end up chasing might themselves one day lose it all. Never ever try to keep up with what others are doing. That is part of the toxicity of social media and the pnl porn that occurs on this platform. Play your own long game.
I speak out against the cherry-picked bs gain porn. It was everywhere the last few weeks. So many people try to justify the pnl sharing. How many people were wiped out from simply trying to keep up w the that selective pnl porn posted on social? How many of those posters will quietly fade away after this event?
The best thing you can do? Get away from the screens. Get off social. Stop looking at charts and prices. Spend the weekend outdoors. Appreciate the beauty of the sunset. Of nature. Notice that the world still goes on. As massive as this feels, it will pass with time and you will be better for this. The same way every awful thing in your life also came to pass and you came through stronger.
But make sure if you are learning this lesson, you only learn it once.
It is a brutal but necessary reminder: leverage kills. Markets will always surprise you. Never keep all your eggs in one basket. Segregate accounts. Keep a rainy-day fund in safe assets. Protect your downside before you chase the upside.
Over the long run, everyone will face fat tail events that can bankrupt you with leverage.
If you weren’t caught in this wipeout, count yourself lucky… and take this as a free lesson learned without paying the tuition. Reflect deeply on your own exposure and the risks you might not even see, especially the hidden leverage that comes from overconfidence in bull markets.
You only need to get rich once. Don’t let the market teach you that lesson the hard way.
Much love. Be safe. Try to find gratitude. You always have agency. No matter how bad anything gets.
-(The One) Lance B
@RolandWolf86 I wish you were a bit closer to ATL..
I just signed the joint resolution to put a constitutional ban on capital gains taxes in Texas.
The next tax law that I sign will cut your property taxes in Texas.
A DREAM COME TRUE - MARKET WIZARD! 📈🧙♂️
Guess the cat is out of the bag. I had not shared this with anyone out of fear of jinxing it (funny how traders can be superstitious too 😄).
I’ve long shared that the Market Wizards series was what first ignited my passion and love for trading. I was mystified by the stories Jack wrote of such legendary traders all beating the market in their own unique beautiful ways.
When I set out into the industry as a know-nothing college kid, I could never have dreamed of ending up here. My sole goal was simply to provide a better life for me and my family. In my chapter, I openly share the experiences that made me who I am today. I also discuss the struggle of moving on to the next chapter in my journey which is what serendipitously led me to sharing my knowledge on Twitter and, in a roundabout way, eventually led to an email from Jack.
Life happens so fast that sometimes you never get the chance to take a step back and feel proud of yourself or to process where you ended up. This all still feels quite surreal and likely will until the ink is on paper.
There is no better ending to a story than to see it come full circle. Thank you @jackschwager and @gfc4 for the space to reflect, for giving me the opportunity to share my story, and to fulfill a goal I never thought possible. Cheers to the perfect way to bookend a career that already surpassed my wildest dreams 🥂
The easiest way to send stablecoins between chains is here–the Eco Portal!
Powered by Eco Routes, the Portal enables seamless transfers between @Ethereum, @Arbitrum, @Base, @Optimism, & @0xPolygon (with more coming!).
Try Routes on the Portal now: https://t.co/iGlw3SJDAa
ONLY RESULTS GET PAID
In trading, it’s important to understand that only results get paid. It doesn’t matter if you put in 10 hours or 100 hours or 1,000 hours. If you still make the same mistake, you don’t make PNL.
I’ve trained so many traders that put in tons of effort and fail. Why? BECAUSE EFFORT IS ONLY PART OF THE EQUATION (and sorry to say this, but effort is actually the EASY part!).
Effort is totally useless unless it is effective and translate into results. Sometimes it takes time for the effort to translate into pnl, but only pnl gets paid.
What makes effort effective?
The effort needs to be:
-in areas that translate to results
-executed in ways that lead to changes
If I lose money fighting the frontside trend and then I spend 100 hours reading equity research reports, guess what? Tons of effort, zero effectiveness.
If I put 5 hours into fixing that one mistake and now avoid fighting the frontside? Way less effort, but way more effective.
The second part leads to PNL! Less effort, but magnitudes more EFFECTIVE!
Take a golfer. It isn’t a question of how many balls you hit at the range. If you hit 1,000 balls w the same shitty mistakes, you’re just cementing bad habits.
Trading is a results-oriented game.
Effort is NECESSARY. But it is always SECONDARY to whether that effort leads to positive changes that result in PNL.
That is also the fallacy behind the misinterpreted 10,000 hour rule. There is no magic number. What matters is putting in deliberate practice into areas that lead to real changes for the outcome you are trying to capture, PNL!
So if you’re putting in tons of effort and not seeing improvement, you need to put in the thought to make sure your effort is in the right areas and also make sure you are building systems and processes so that your effort leads to improvements where it matters.
All TraderLion Resources on a single page:
2021-2024 TraderLion Conferences
2020-2024 TraderLion Podcasts
2020-2023 TraderLion Model Books
Ultimate Trading Guide
Over 80+ hours of content from Market Wizards & USIC Champions!
https://t.co/Bx7qJsFSrw
No better place to start!
@PeterSolanaa 73bRNFvQMA7S3vc1yvXhp1vYsPLY4qVeoc76CJPH3mZL
Let me put this bluntly.
If you don't collect, store and know your trading statistics + execution data then you absolutely cannot complain if you are not where you want to be.
It's not an afterthought, it's not a luxury, it's a MUST.
Charts alone rarely say anything, it's literally just finance porn.
What says everything is when you can tell me these things:
-How much risk did you put on? (Per trade, I know some of you demons have 20 different flat positions and can't be bothered to even make sense of it)
-Where did you place your stop and would you lose the aforementioned risk you intended?
-When you won how much did you win relative to your risk? I don't care about your PNL, I care about how well-constructed the trade was.
These are the factors that highlight your skill, not how pretty it looks.
Winning is so overrated, winning comes at the cost of maximizing trades.
Losing is winning, let's go beyond the obvious risk management aspect and go a step further... Being able and willing to lose allows you to renegotiate entries and risk and, in many cases, improve your reward exponentially without even increasing the $ risk you apply to the trade whatsoever -> Closer to risk level = bigger position size = bigger risk/reward ratio = higher quality aka grade setup WITHOUT changing any other variables.
If you want to impress me don't turn $10,000 risk into a $10,000 PNL trade...
Turn a $3,333 risk into a $10,000 PNL trade.
That's literally just the tip of the iceberg.
Top level traders can hit ratios much higher than 3:1 when they come by the right setups.
Using an actual RR trade that I put up this week (12.5R)... in terms of ratio that means I could make $10,000 PNL with a $800 risk.
In my mind, and I could be wrong, there is nothing more impressive or important than actually sharing the RR execution data when posting charts.
Without that information, you have NO idea. I have seen thousands of charts from traders that I help and can't tell you how many times a 'nice chart' actually ends up being a .5R, .7R, 1R or very tiny win that was NOT maximized or EVEN A LOSS!
This is why the first thing I EVER do when I talk with people is ask if they can produce statistics for me to analyze and then sync it with their charts to make a determination of how we can take steps to optimize OR if we simply have to start over.
This is the equalizing factor that determines skill regardless of PNL outcome. If someone comes in with a $2m account and makes $10k (.5% gain) how is that remotely impressive?
If you want to acquire more truth then ask of yourself and of others to produce trading data based on execution performance.
The truth is that 99.9% of people don't want to do that because it exposes many ugly truths and, again, are just clueless as to why they can't make progress in their trading.
Nothing is more important than getting real with cold hard facts and the unequivocal truth that trading profitability is as simple as your average win/loss ratio and win rate.
The simplicity is right in front of you, the conviction and belief in one's process is right there to be seized.
Observe and master the fundamentals, these are the keys: Risk Management, Position Sizing and Statistics + Data.
Self leadership is about your ability to lead yourself, innovate, find solutions to your problem and motivate yourself.
As a trader if you do not have it you are not going to make it.
This is a demanding field which quickly weeds out traders with poor self leadership skills.
😂 😂 😂 Like if you agree!!
@andy_bromberg Is any integration with the existing eco app expected (eco points, funds transfer) or two completely separate things?
@TheOneLanceB @elkwood66 I guess you guys need to collaborate and do one session combined all above :))
New Blog ✍️
From Small Wins to Big Leaps: The Power of Agenda Trading
Conviction is earned through a strong understanding and process. In this blog I wanted to share the thinking process that allows me maximize gains.
Please share it around!
https://t.co/5PLdZ4uJZs
Last Seen Users on Sotwe
Most Popular Users
Elon Musk
@elonmusk
240.6M followers
Barack Obama
@barackobama
119.2M followers
Donald J. Trump
@realdonaldtrump
111.7M followers
Cristiano Ronaldo
@cristiano
110.5M followers
Narendra Modi
@narendramodi
107M followers
Rihanna
@rihanna
97.6M followers
NASA
@nasa
92.2M followers
Justin Bieber
@justinbieber
90.9M followers
KATY PERRY
@katyperry
87.6M followers
Taylor Swift
@taylorswift13
81.4M followers
Lady Gaga
@ladygaga
73M followers
Virat Kohli
@imvkohli
69.8M followers
Kim Kardashian
@kimkardashian
69.8M followers
YouTube
@youtube
68.7M followers
Bill Gates
@billgates
63.8M followers
Neymar Jr
@neymarjr
62.5M followers
The Ellen Show
@theellenshow
62.4M followers
CNN
@cnn
61.9M followers
X
@x
60.8M followers
Selena Gomez
@selenagomez
60.7M followers