@brandi_love@X Well said & I agree. Actually I think most ppl agree with that if they really took time to think about it. Who wants to travel to a foreign land just to find things are the same as where they came from. The whole idea of making everything & everyone look/act the same is bizarre
@brandi_love There's an academic publication (can't remember the name) that publishes a "Happiness Index" report yearly. Basically a ranking of how the citizens that live in each country report on how happy they are. Year after year the most homogeneous areas are consistently at the top.
First thing people should do when a stock IPO's
Put an IPO awap
Draw IPO price as a support line
Rules are simple:
- Breaks below support line: You avoid
- Reclaims support: You can trade
This is exactly how I traded $ARM from 50s to 140s.
Something's you learn from putting seat time. This was one rule which has kept me sane.
Recap from #Budapest ๐ค๐ป Had a blast playing for you guys! Thanks so much for the warm welcome & thanks to @metallica for having us.
Next: Dublin, Ireland 19/6
Get tickets here: https://t.co/tVWNiA6kuM
5/7 -UK, London
9/7 -GR, Athens
12/7 -TR, Istanbul
๐ฅ: @metaldavemedia
Five years. That's how long I chased this one. A script by Cameron Alexander that I fell in love with the moment I read it โ a film that had passed through a lot of hands over the years, none of which quite knew what they were holding or how to treat it. I did. So I kept knocking, and I waited, until it was finally mine to look after.
I grew up around German Shepherds. My mum breeds and trains them, and I've always believed they're the best breed going โ full stop. I wanted to make the definitive German Shepherd film, and in Cameron's pages, I saw it.
We redeveloped it together and brought on Andrew Simpson, the best dog trainer in the business โ if you've seen the Malinois in John Wick, you've seen his work. Then I handed it to two dear friends, Damien Chazelle and Olivia Hamilton, who saw exactly what I saw: a gritty survival thriller made for the big screen. They took it to Paramount, who fell for it as hard as we had. Before I knew it, Brad Pitt had come aboard, with David Ayer directing โ an absolute maestro โ and we were shooting in New Zealand.
Here's the part that still gets me. Back in the 90s at Pinewood, I was a runner making Brad his tea and coffee on Interview with the Vampire. To now be one of the producers on what may be one of his very best filmsโฆ I don't have a word for it other than: pinch me.
HEART OF THE BEAST. In cinemas September 25th.
I am so proud of this one. It's everything I hoped it would be.
And look โ everybody loves a dog. It's about the only thing the whole world agrees on. So let me put your mind at ease right now: the dog does not die. You're welcome. ๐พ
No matter what one's approach is to active trading, being charts or numerics or macro or fundamentals of all kinds, realize that any approach will be in sync with markets sometimes and out of sync other times.
This is the reality.
I do not trust the trader that says he/she constantly knows what kind of markets they are in and switches up accordingly. Nor should you trust them.
Some traders try to force their trading upon markets when their approach is out of sync.
Then there are times when a trader is out of sync with his/her own trading approach and forces trades that are out of their sweet spot.
Then there are times when an approach is out of sync with markets AND the trader is out of sync with the approach. Most accounts get rekt when this happens.
Mature traders develop an instinct about the compatibility of their approach and price discovery. During these times they stick with their approach, but emphasize risk control even more than normal.
Of course, mature traders think more in terms of risk management than trade selection. I know that anyone who emphasizes trade selection to me is someone I do not want to listen to.
I do not change up my approach when it is out of sync with price action. These periods will pass if I stay with my basis approach, which has not materially changed in decades.
Recently someone sent me a speech I gave before the MTA (predecessor of CMT) some 35 years ago. I could give the same speech today as representing my approach to market speculation.
My recommendation to aspiring novices or those who cannot gain traction is to develop an approach based on common sense (not smoke and mirrors), bet small, and improve it incrementally.
Only after several hundred trades using the same basic approach can you start running Monte Carlo simulations to determine if you have an edge.
Trading is a marathon, not a sprint.
@PatMcAfeeShow Good. Jason Licht is (hopefully) smart enough to know there's an excellent QB draft next year. Bucs need a young qb on a rookie salary to pair with a new, young offensive HC. Baker & Bowles combo is a road to nowhere special.
Why are 80 year olds considered unemployable in every job except politics? We need to stop electing people who won't be alive long enough to see the consequences of their actions.
Novice and aspiring market speculators think the magic is found in trade identification.
The "what" and "when" components of trading -- while necessary -- represent only about 5% of a trader's "edge."
Yet aspiring traders spend 80% of their time, energy, hopes and fears on trade identification and the next trade.
The real landmine in trading is self-sabotage. Dealing with human emotions is the battle line that matters.
You want to know yourself, I mean really know yourself -- the good, the bad and the ugly?
Become a trader.
This is why all the trading services who talk about their last trade (made 250% on XYZ) is such an absolute joke.
Trading services who talk about their winners are trading services you must avoid at all costs.
The real enemy in trading is self.
You want to know your biggest enemy to trading success? Well, just look in a mirror. It is you, not what you know or don't know, that keeps you from gaining traction in trading.
After three to five years of experience a person should know what they need to do to be profitable. The challenge is actually doing what you know you must do.
The task is overcoming self.
@NFLSTROUD Good. Lose em all this year. As many games as possible. Best QB draft in years is right in front us. The Baker & Bowles combo platter is pure mediocrity.
2027: New QB / New Coach