I don’t cheat, and while I like to think I’m pretty smart (I’m not)…..it sure is a hell of alot easier to just be first. GL to us all. #ProgressNotPerfection
New followers- if you need some data…attached is my P&L ytd.
Yes, I caught the memory run, played options and doubled my account. My goal is to keep adding to it the second half of the year. LFG. ✊
$spy $spx $mu $vix $btc
In an environment where many stocks have seen monster runs over the past 6-12 months, it’s time for a reminder:
The entry is the foundation of every trade.
If you get the entry right you can withstand mistakes in the trade later whether that’s trimming too much, selling a bit too late, etc.
A good entry provides you with a margin of safety and likely low risk. At the end of the day all that matters in trading is managing your risk.
The best time to buy is often when things feel uncertain, not when everyone is excited. Most people only buy when it feels good and the chart is ripping… by then risk is often much higher.
Think about it… if a leading stock comes down from $75, tests major support around $50, and is now sitting at $52, that’s $2–$3 of risk for potentially a much larger move higher.
A 30% decline is a big drop and it never feels good buying when this happens. But that’s the alpha, most aren’t buying there. If you wait until it’s back to $58 you’re now risking $8 instead of $2 or $3.
The entry into a trade is the foundation… everything after that is built on top of it. Trims, stop loss, exit strategy, they all stem from that single decision. A poor entry on the other hand puts you at a major disadvantage.
Nail the entry and chances of success go up exponentially.
@TuldSaysBeFirst@PolymarketMoney At ~24.3 billion shares outstanding, a $400 NVDA share price implies a ~$9.72 trillion market cap. Currently trading near $195 with a ~$4.72T cap, that would be roughly double today's valuation.
Mark my words, idk how, but these “trump accounts” will somehow benefit trump personally and/or his family in some kind of way. Fight me about it in the comments. I would max bet it happens at -125 odds.
@PolymarketMoney Mark my words, idk how, but these “trump accounts” will somehow benefit trump personally and/or his family in some kind of way. Fight me about it in the comments. I would max bet it happens at -125 odds.
Hopefully it starts a revolution that could be beginning?…and it ends with 4-day work weeks, universal health care, universal child care, universal basic income, universal basic college education/trade training, etc.
A healthy, educated, peaceful, and prosperous nation starts with a healthy, educated, peaceful and prosperous population. 💙