DIY Trader

Investor mainly in UK-based stocks. Building on profitable stakes whilst maintaining an acceptable level of risk.

[DIY Trader @TheDIYTrader]

Rules

[DIY Trader @TheDIYTrader]

Thanks to all the folk who have been kind to me on here over the years. I’ve been here mainly for research and to try to share useful things. As for research, I’ve realised that DIY is truly the most important thing. And as for being useful... 🤦🏼‍♂️ Best wishes to all!

[Trading Composure @TradingComposur]

Our brains have evolved to soak up negative experiences more easily than positive ones.

It’s a survival tactic, but it can make us overly focus on the bad while discounting all the progress we've made and continue to make.

That's where a daily habit of gratitude helps.

[DIY Trader @TheDIYTrader]

@RebelHQ @BenSharman @Peston Her face doesn’t allow it, unfortunately.

[DIY Trader @TheDIYTrader]

@RebelHQ Lockdown has provided an excuse for some relatives to completely go off the radar.

[DIY Trader @TheDIYTrader]

@battlebus141 Maybe they should find a job closer to home!

[DIY Trader @TheDIYTrader]

@duckman1717 Poor fucking ducks

[Trading Composure @TradingComposur]

When you come to a point where you don’t stress about money anymore, making money becomes easier.

In fact, money starts to make itself.

True story.

[John Boik @monsterstocks1]

From “Tape Reading and Market Tactics” - Humphrey Neill. This book along with Loeb’s “Battle For Investment Survival” were the 2 books that Darvas reviewed on a constant basis.

[DIY Trader @TheDIYTrader]

Very insightful

[MoneyWeek @MoneyWeek]

A controversial bonus #podcast for you. Argonaut Capital's Barry Norris tells Merryn why he's shorting the companies that produce the Covid vaccines. https://t.co/3WQA0i5Qkd

[DIY Trader @TheDIYTrader]

@markminervini When I read in “Trade like a Stock Market Wizard” that the concept of high turnover is one of your edges, I didn’t really get it, but now I do. If you’re wrong, it’s better to be out quickly, so you can maximize the trades that go right.

[Mark Minervini @markminervini]

During my 37-year career no more than 50% of my trades have been profitable. My edge comes from how I manage the losses in relation to the gains. I would rather get my edge from risk/reward vs. % of trades profitable. With this method I have already built in a lot of failure. 👇

[DIY Trader @TheDIYTrader]

“Something in the very nature of most men seems to work against them.” It’s called ego!

[John Boik @monsterstocks1]

From “Wall Street Ventures and Adventures” - Wyckoff 1930

[Mehrdad Yousefi @MY21_Oracle]

@marketgem I suggest #KIST-AA's new Shell Co. looking for O/G Acquisitions with £30m cash-His last Vehicle; RR 42 bagged

[Catherine McBride OBE @CeeMacBee]

Ridley: China 'will use coal to make the turbines and cars and batteries we use, laughing all the way to the bank. The world still generates 93% of its energy from CO2-emitting combustion (coal, oil, gas and wood) and just 1.4% from wind and solar.'

[Mark Minervini @markminervini]

Up on my whiteboard my daily routine from when I wake up... right next to it on the wall is my daily mission statement...

[DIY Trader @TheDIYTrader]

@SSalim0002 @markminervini Congrats, fantastic results and wishing you a strong finish 💪🏻

[Julian Komar 🚨 Market Update Premium @BlogJulianKomar]

I welcome to get stopped out of a #trade quickly! Image if you are in a trade for weeks and then it gets stopped out. If prefer the first over the latter. Because in the first case I can invest my money in the next best opportunity. I want to know quickly when I am wrong.

[John Boik @monsterstocks1]

1933 “Stock Market Technique - Vol 1” - Wyckoff

[John Boik @monsterstocks1]

I see a few already setting return goals for 2021. Gerald Loeb advised on setting those very high. This is one of my favorite passages from his classic “The Battle For Investment Survival”

[Charlie Munger Fans @CharlieMunger00]

Friends,❓If you could ask Charlie Munger one question what would it be ?

... 🤔

I will pass these questions on to a person who talks to Charlie Munger weekly. Will try get a response to the best questions.