The only thing that matters is price
Indicators - unimportant
Global macro - unimportant
Our opinions - unimportant
The news - unimportant
Another trader - unimportant
Volume - unimportant
https://t.co/FHuNq1YSB4
So yes, that ATR trailing that I have been using on MetaStock is now available on TradingView. I have coded the trailing stop for long/short setups and is free open source code
>> https://t.co/wJ0C6Eo2Qt
The Last Time I Blew Up My Account Didn’t End My Career, It Started My Mastery
About fifteen years ago, I blew up my account for the very last time. It wasn’t the market’s fault. It wasn’t because I couldn’t read a chart, or because of some unexpected event. It was because I started believing I could lead the market.
I was in a rare rhythm, trading with precision during a vicious bear run, and it gave me a false sense of control. My ego whispered, "You can see clearer than the rest." But when conditions began to shift, liquidity returned, and volatility calmed, I refused to. I ignored what the charts were showing because I thought I knew better.
That arrogance cost me everything. It became the largest loss of my career. And for the first time, I didn’t open a chart again for nearly nine months. Not as a strategy. Not out of discipline. I couldn’t stomach it.
But in hindsight, that pause became the final turning point. It forced me to face the only truth that matters: No one is responsible for protecting my capital but me.
That realization transformed everything. From that day forward, risk management became my number one edge.
People sometimes say I trade too cautiously now, and they’re right. I absolutely limit my upside, but that’s the price of survival. Because no matter how talented you are, the market will come for you. When it does, your only defense is discipline.
If you’ve just taken a major hit, don’t rush back in. You don’t need to step away for months like I did, but take enough time to think clearly and take full ownership. Do the post-mortem. Write down what failed, why it failed, and what must never happen again. Because if you don’t take the blame, you’ll take the same loss again.
Every pro knows that until you build a plan that protects you from yourself, you’re not trading, you’re gambling.
That blow-up didn’t end my career. It forced me to rebuild it on truth, structure, and discipline. It taught me that freedom in trading isn’t about profit, it’s about control.
So if you’re sitting in the ashes right now, know this: You can start again. You can rebuild. You can master this game.
Take your time. Take the blame. Then take your edge back.
The people who've lived under socialism will risk barbed wire, bullets, and oceans to escape it. Meanwhile, the loudest advocates for socialism live in capitalist nations, sipping Starbucks, tweeting from iPhones, and whining about “late-stage capitalism” while enjoying its abundance.
They don’t move to Cuba. They don’t relocate to North Korea. They don’t even apply for a visa to Venezuela. Why? Because deep down, they know the truth:
Socialism is only tolerable when someone else pays for your fantasies.
The people fleeing socialist regimes aren’t confused. They’ve lived the outcome: poverty, rationing, corruption, fear.
The Western socialist, meanwhile, has never had to stand in line for bread, only for the new iPhone.
Rather than learn from those who escaped tyranny, they arrogantly believe they’ll “do it right this time” as if the laws of economics, human nature, and moral reality will bow to their feelings.
It’s not idealism. It’s resentment in disguise. They don’t want to lift the poor. They want to punish the successful, tear down what works, and be applauded for the rubble they leave behind.
They're not revolutionaries.
They're just spoiled children with slogans, trying to drag the world back to the misery others fled.
Every time you make a quick big win, and especially if mainly due to luck, send most of it to a cold wallet or the bank and do not count on it for some time.
Your brain discounts the value of the money when it comes quick and/or easy.
$100k earned in a 1-day pump in a memecoin feels less (much less) than $100k after a couple of years of going to the office.
You can lie to yourself thinking you value money always the same but it’s not true.
When you make those sort of wins, you will not be able to gauge risk objectively and will take a trade for the sake of it like a gambler would do.
That’s hard to do because your brain releases a lot of dopamine. And a strong dopamine. Because it was not simply making money — but you were also right! The combination of both has a big power on your brain.
What you can do instead:
1. Force yourself to send that money away and wait for a cool-off period. Show some fkn discipline.
2. In the meantime, journal your urge and impatience. This will help you cool off.
3. Buy a small amount of that "super easy next trade you were going to compound" with a different stack of money and check whether it feels different.
Most people immediately look for the next win after a big one. But practice tells us that those don’t come often. Therefore, you should be more focused on protecting your recent win than throwing it to the next gamble.
Pretty sure after only 1 day, you’ll see things differently.