My weakness on Monday is resisting the urge to open the charts.
Which is one of the most difficult obstacles I face when managing a portfolio.
Not execution.
Not strategy.
Not indicators.
You fight with yourself in this game.
This 50-minute lecture by the scientist who built trading algorithms for Morgan Stanley and Lehman Brothers will teach you more about how machine learning actually works in algorithmic trading than most $1,000 courses ever will.
Bookmark this and watch it tonight. It's the highest-leverage thing you can do if you want to understand how professional trading bots are really built. Then read the article below.
...Only focus on what price should be doing based on your model and submit to that, and that is how you hold on to winning trades.
ICT’s best ever speech.
The day that you see past the fear of losing or finding validation from me or anyone else, this is when you have achieved the intended mindset goal.
Tethering oneself or plugging into someone else's perspective is not independent thinking, it is hive mentality.
I'm impressed by my students when they stop coming to me for more of what to do and they use what they already learned.
I've said this many times before and Stanley Drunkenmiller just said it. You've got to be a maniac if you want to be successful in the markets.
"The best investors, they're extremely competitive. You're in the wrong arena if you think you can compete with those maniacs if you're not as passionate as them."
In 1998, Warren Buffett explained how to never lose money. MUST BOOKMARK🔖
The lecture was 1 hour 24 minutes long.
The company built on those ideas is now worth $1 trillion.
This is the closest thing to a cheat code that exists.
I'm sharing my latest viral find with you - watch even 5 minutes and your trading mindset will shift forever.
Share it. You'll thank yourself later.
Charlie Munger’s 1998 Harvard speech is the ultimate cheat code for life.
He compressed 74 years of billionaire wisdom into just 30 minutes.
Most people spend 4 years in college and learn less than what’s in this video.
Save this video, you will come back to this.
Today, I’m surprised by the background of the word NASDAQ.
It tells more than just a name.
It reflects technology.
It reflects innovation.
It reflects growth.
The background speaks momentum.
It shows strength.
It shows leadership.
Sometimes design tells a market story too.
“There is no better teacher than history in determining the future—there are answers worth billions of dollars in a $30 history book.”
— Charlie Munger
Every book Charlie Munger has recommended since 1994: