SiMSY

|| Small Caps & Volatility || Day Trader || Long & Short ||

[The Inner Circle Trading Group DP David Prince @epictrades1]

I’d guess 50% of unsuccessful traders know what they do wrong. How you implement change and self reflect is what separates many of us.

[Sean trades @SRxTrades]

These are the days that define traders.

Not the easy uptrends.

Not the days when everything works.

The days when emotions are high, opportunities seem endless, and you're tempted to abandon your process.

Managing risk during these moments is what determines whether you keep the money you've made or give it all back.

Everyone goes through drawdowns... that's normal

What's dangerous is letting frustration, urgency, or FOMO turn a routine pullback into a much deeper hole.

What matters is staying disciplined, protecting capital, and making sure your next trade is one you'd be willing to take 100 times over.

You don't have to FOMO into every pullback, there will be so many great opportunities in the coming months.

Focus on:

-Tightenss
-Big bases
-Strong themes

When the feedback from your process turns positive again, that's when you can start pressing the gas.

[Race @multiplanet1]

Elon Musk's first wife once described what it's like to watch him fail.

She said he doesn't react the way normal people react. When a rocket explodes, most people in the room go silent. Some cry. Some start calculating the financial damage.

Musk pulls out his phone and starts making calls. Not emotional calls. Engineering calls. "What failed. When can we fix it. When's the next launch." His voice doesn't change. His face doesn't change. The rocket that just cost $60 million is already in the past. The next one is all that exists.

She said it was the most unsettling thing she'd ever witnessed. Not because he was cold. Because he genuinely wasn't affected. The failure didn't register as failure. It registered as data. An experiment that produced results. Results that inform the next experiment.

This is why he wins. Not because he doesn't fail. He fails more spectacularly than anyone in history. He wins because failure occupies zero psychological space. It enters as data and exits as action.

Most people lose not because they fail but because they spend weeks processing the failure before acting again. Musk spends zero seconds. The gap between failure and next attempt is a phone call.

[Nick Schmidt @NickSchmidt]

Unpopular at entry, obvious at exit. That’s the whole game.

[SDP @ShortDaPos]

Imagine a car with no wheels.

That’s trading without learning from your mistakes.

You’re not moving forward, you’re just spinning.

Inconsistent traders have the same flaw, they make mistakes & they don't solve the problems.

"Trader" Aka "Problem Solver"

[Christian Flanders @CFlanders7]

The longer I trade the more true everything I’ve read in the classic trading literature turn out to be.

There is nothing new in Wall Street, humans don’t change. The tickers change but the emotions are the same.

[Trading Composure @TradingComposur]

Avoid doubling down on your mistakes; instead, double down on discipline and patience.

Stay process-oriented.

[Trading Composure @TradingComposur]

There is no freedom in impulsivity.

Real freedom in trading
comes from structure.

[Ted Zhang @TedHZhang]

Loved this from @JamesClear 3-2-1 newsletter from yesterday:

"Improvement is being better than your past self.

It doesn't have to be more complicated than that. Do not compare against others, compare against your past self.

Keep the focus internal."

[Trading Composure @TradingComposur]

A good trade can lose.
A bad trade can win.

If you don’t sear this in your brain...
I don't know what to tell you.

[Ted Zhang @TedHZhang]

Repeat this daily:

The market will do what it wants, when it wants, regardless of what I want.

[Ted Zhang @TedHZhang]

What you want is just on the other side of facing your fears.

[Trade_the_Matrix @TradetheMatrix1]

#Trading without decent fundamental knowledge about markets will forever leave one second guessing edge, because of markets uncertainty every now and then.

Develop edge specifically for risk-on market.
Develop edge specifically for risk-off market.
Each time different assets.

[Ted Zhang @TedHZhang]

Kristjan Kullamagi @Qullamaggie going over Jesse Livermore's 21 Trading Rules, written in 1940.

[Ted Zhang @TedHZhang]

Quote of the Day:

"Sit be patient and wait for the fat pitch. Get your entries and chill and don't do anything."

— @Qullamaggie

[Trading Composure @TradingComposur]

The trader’s job is not to wait for perfect certainty.

It’s to make good decisions with imperfect information.

Because once everything looks obvious, the risk-reward usually isn’t what it was.

The edge is in acting on valid signals before the market becomes comfortable for everyone else.

[Sahil Bloom @SahilBloom]

Every single thing you want in life is on the other side of something that sucks. That suck might be 100 workouts, 100 bland meals, 100 hours of work, or 100 hard conversations. Embrace it as the cost of entry. The answers you seek are found in the actions you avoid.

[Sunrise Trader @SunriseTrader]

Don't trade just to trade. Never feel left out. A trade should come easy. Your eyes see it, your brain knows it and the hands do the work. If there is no trade, there is no trade. See it first.

[Sahil Bloom @SahilBloom]

An underrated red flag in a person is an addiction to being right. The most impressive people I know change their minds often in response to new information. It’s like a software update. The goal isn't to be right. It's to find the truth.

[AT09 @AT09_Trader]

be greedy when others are fearful and fearful when others are greedy