ShokuninTrader

Father, husband, equity trader, value investor (long&short), car freak.

Shokunin=“someone who pursues mastery”

Not investment advice, do your own D.D. always

[ShokuninTrader @ShokuninTrading]

I believe that most people (according to my data 98%) don't make it in trading (my definition: 6+ figs/year) is because they:

- Don't have an edge AND/OR
- Poorly manage risk AND/OR
- They don't control their emotions

How did I overcome this and became a 2%-er?

Small thread-->

[ShokuninTrader @ShokuninTrading]

@daytradingzoo Yes! It was great - and we missed you out there. As @RicBun said - we'll force you to go one way or another. @Fittrader101 would make the "Dutch Gang" complete then.

[ShokuninTrader @ShokuninTrading]

@Gyro_Bro @Tradestl I copy that. Was fun catching up with @Tradestl.

[ShokuninTrader @ShokuninTrading]

@TradetheMatrix1 Even fewer people understand that there is also forward risk priced in. And fear. And greed. In the case of the gold price I think it is more in the risk, fear and greed territory than in "inside info" territory.

[ShokuninTrader @ShokuninTrading]

@SmallCapSmarts ok - there's clearly edge erosion going on - but to draw that conclusion from "a few consecutive bad trades last month" - is waaaay tooo fast in my opinion.

I think you need at least 100+ trades to draw such conclutions, depending on the chance distribution of your strategy.

[ShokuninTrader @ShokuninTrading]

@SmallCapSmarts @neil__to Thats a matter of proper sizing and discipline.

I'm shocked to see the sizes some "newer traders" put into these low float tickers - maybe I'm a dinosaur, but staying safe is prio #1.

[Ian Cassel @iancassel]

Warren Buffett, Peter Lynch, and Joel Greenblatt, started their careers as microcap investors. Why? It's the only area in the public market where retail investors and small institutions have the advantage over larger institutions. https://t.co/QQlXqfKdcc

[ShokuninTrader @ShokuninTrading]

@TradetheMatrix1 Weird analogy. The majority of music is composed digitally.

Market share of "all human" music has dropped to nill, just like on the exchanges.

[ShokuninTrader @ShokuninTrading]

@TheShortBear Basically what Ray Dalio preaches all along.

At the same time the USA is winning on many aspects and the dollar is far from gone on the global playing field.

Who knows what happens in 30 years. Probably the earth is run by AI by then.

[The Kobeissi Letter @KobeissiLetter]

Current situation:

1. Stocks are rising like a "soft landing" has happened

2. Gold is rising like we are in a major economic crisis

3. Bonds are falling like the Fed is done cutting rates

4. Real estate prices are rising like rate cuts just started

5. Oil prices are falling like demand is disappearing

6. Natural gas prices are rising like demand is growing

Nothing adds up here.

[ShokuninTrader @ShokuninTrading]

@HTBQuant @aRobotNamedSnax @jtraderco @Kinfo He's not but I guarantee you that you will learn a lot from him. And no, I have no business interest with JTrader - he's just a friend.

I think another metric is too look at how long someone is in the game. Most "FURUs" disappear after max 3-4 years. Mostly even 2 years.

[ShokuninTrader @ShokuninTrading]

@AnshumaliDwived @Iamsamirarora @dmuthuk To be honest I didn't - and still don't know- and does it matter when you disagree with the point that someone is making?

It's not because someone has ridiculous amounts of money and/ or fame, he is always right at everything?

We, the normal people, have a tendency to godify.

[ShokuninTrader @ShokuninTrading]

@DaljitKochhar @Iamsamirarora @dmuthuk Shouldn't be a question of "balls" - if you know what something is worth through your own DD, you know when it is a bargain. That is the advantage of playing the "long game" - doesn't matter if you time it exactly right. It's the future cash flow that matters.

[ShokuninTrader @ShokuninTrading]

@mark74181442 @Iamsamirarora @dmuthuk Exactly

[ShokuninTrader @ShokuninTrading]

@Iamsamirarora @dmuthuk Ah nice, the "go discuss with your own group" - now I understand why you feel offended by "you is you" lol

If you want to say "it is difficult to time", just say so.

Buffet is not timing anything. He thinks of having ammo for when the bargains DO arrive.

GL being you

[ShokuninTrader @ShokuninTrading]

@Liathetrader @archi_tradition @da_weissenhorn Neuschwanstein, nice.

[ShokuninTrader @ShokuninTrading]

@JoostNederpelt Sargeant maakt er een 4 stopper met softs en mediums van denk ik.

[ShokuninTrader @ShokuninTrading]

@LilUwUziVert3 No you're totally right: Musk is the clown...

... as was proven again earlier this week.

[ShokuninTrader @ShokuninTrading]

What a clown

[LilUwUziVert @LilUwUziVert3]

A story in 3 acts:

Act 1: @elonmusk tells everyone; including his consumer base he is going to donate to Trump

Act 2: He forgets that only liberals really buy Tesla and Republicans hate EV’s in general

Act 3: Backpedals after stock falls 11%

Lmao IDIOT

[ShokuninTrader @ShokuninTrading]

@Tiziano_fx @pedma7 Then he admits the backtest is bs

[ShokuninTrader @ShokuninTrading]

@pedma7 Equity curve screams look ahead bias or just a plain programming error:

years ago I had commission cost working 1 percent in my favor, guess what, almost every strategy worked out