BREAKING: President Trump is sending Border Czar Tom Homan to Minnesota tonight.
A signal that the administration is doubling down rather than retreating.
Trump announced the move via Truth Social:
“I am sending Tom Homan to Minnesota tonight.”
“He has not been involved in that area, but knows and likes many of the people there. Tom is tough but fair, and will report directly to me.”
Not sure where we go from here but I’ll be cash until the dust settles.
Many retail participants have been conditioned to buy dips this entire year.
Many ports will be blown. Be safe out there.
For reference, I am HEAVY CASH going into FOMC. I am a degenerate, but now I have a fiduciary duty to lead my followers to the promised land.
I don't condone gambling, and swinging heavy into events like earnings, FOMC, etc.
You will notice that most times, the way I trade them are buying the run ups and then selling to make runners free.
Any trade going into FOMC should be lotto sized, and careful swinging $MU earnings as well, anything can happen.
Ask yourself if you want to be a trader or a gambler, and execute accordingly.
You don’t have to sell the exact top to make crazy gains.
You done have to buy the exact bottom either.
Don’t compare you profits to anybody else’s.
Keep making consistent wins and you’ll change your life eventually.
Got it?
VALUEABLE advice from my decades of investing/trading experience in stock markets:
It is easy to make money in stocks but easier to lose it fast as such always make sure to be very careful & selective about the stocks and prices that you buy/sell/short/cover. I remind very often about the importance to take some or all of your profits that makes you happy. Same with having a stop loss to limit your losses if things don't go as expected for whatever reason. Stocks go Up & Down all the times for numerous reasons. Timing is everything when you are investing or trading depending if you are in for DT/ST/NT and/or LT. Always keep some dry powder on hand because you will at times find lucrative opportunities. Also NEVER put all your eggs in 1 basket, make sure to diversify to spread the risks imo. Good luck !
#SupDup
The one secret to a successful trader:
Knowing when to trade
& knowing when NOT to trade.
Everyday is NOT a trading opportunity.
It’s simple, but 90% will ignore it.
This is for everyone who's new to trading (< 1 year in)
There are the top 3 rookie mistakes that cost me thousands.
Trading isn’t just about making money; not LOSING money is arguably more important.
Freedom > Materialism
I much rather:
Be my own boss
Make my own schedule
Travel wherever/whenever
To me this is the point of life, freedom to do anything at your will.
Don’t quit until you get there.
If you’re following me, most people should be green today from the Cloud stocks.
Green is good, greed is bad. Take some profits, pay yourself, and take the rest of the day slow.
The most important trading rule is this;
- If you make a profit without a plan, it is a mental loss and it is very dangerous!
Your trading plan should have the following;
- Your entry criteria
- Your risk tolerance and stop/loss price
- Your exit strategy.
If you don't have these factors pre-determined, do not trade.
Think about this deeply.
Every single post I see is on meme coins right now.
I see alot of people having FOMO from not entering.
I want to remind you this cycle has happened so many times now.
BTC goes up —> Alt coins follow —> People Fomo buy in —> Make money when market is bullish —> Lose everything the market sees a dip.
All these $100 to $100k accounts you see, 90% will get liquidated because they have no clue what they’re doing it’s based off straight luck and gambling.
With that being said, having some exposure to curb your fomo is fine but don’t treat it like real trading.
This cycle will last for 1 week MAX 2 and then everything will go back to before.
Play small and have fun, do NOT risk everything you have on a meme coin.
Choose the trading style thag suits you.
Your style must match with your unique personality and psychology.
Personally, I am mostly a day-trader. I also prefer few and accurate signals with high win ratio. This gives me peace of mind.
I don't have the patience to hold trades for several days or weeks.
This is me.
Choose the trading style that works best for you.
I wish you all happy trading!