Erik - Outlier Trading

Trading w/o the BS | Join the Outliers on YouTube, Substack, Discord - link in bio | 🇺🇸 Marine Vet | ft: Business Insider, Barchart, IG | MBA

[Erik - Outlier Trading @_OutlierTrading]

Brother no fucking way shaggy is on this shit

https://t.co/gpfraAsr8q

[Erik - Outlier Trading @_OutlierTrading]

TLDR let’s all calm tf down, trading isn’t that complicated.

It is unequivocally possible to learn trading outside any firm. I don’t know how we’ve gone so far with trading to act like it’s rocket science.

That said, it shouldn’t be confused with easy, it absolutely is not easy.

But we’ve got to reel some of this stuff in and remember there are people making a ton of money doing some pretty basic shit. I’m completely self taught with an entirely unimpressive background and do just fine.

Most of it is just doing logical work like any other field and based on your life RNG that’ll determine how bumpy of a ride it is.

Find a few things that work moderately well and play together reasonably and you’re off to the races.

For those traders following these discussions, know there’s a middle ground. If you dumb things down too much, you lose much needed depth.

Yet with something like markets and trading, you can just as easily over complicate every single aspect and get nothing done.

It’s an imperfect system with imperfect inputs. Embrace the ambiguity.

And for those that are cut of the super smart cloth, you could vol quant masturbate (and likely not make any significant more money or worse blow up like we’ve seen not too long ago) OR you could explore cool shit.

There are literal geniuses like Brian Cox working on neat things like diffractive interactions in quantum chromodynamics, Pomeron exchange - both of which I never even fucking heard of before listening to some of his content.

For the rest of us, let’s not over complicate ourselves out of making money or dumb things down too far into losing it all.

[yenwod @yenwod_]

Inspired by recent discussion about whether it's possible to learn trading outside an elite firm.

If you're the kind of person that reads this project and thinks it sounds fun, imo you'll be able to learn employable trading skills just fine on your own. https://t.co/czZMfucmpT

[Erik - Outlier Trading @_OutlierTrading]

a similar tactic we use as Marines. temper both the highs and lows - be an even keel.

a note on a common stoicism misconception (not implying it from the video, just in general) is that it's not really about being robotic or not feeling anything. that's obviously impossible.

it encourages temperament.

[Ryan Rossi | Horse @TheFlowHorse]

Someone I have always admired dropping gems.

There are a few people I try to always listen to when they do a public session, Perkins is one.

He has the life.

[J_Tobar @johnnyt2141]

The final day of posting this banger. Happy birthday Marines

[International Space Station @Space_Station]

Today is the 251st birthday of the @USMC - to all the Marines back on Earth, Happy Birthday! Semper Fi!
- Luke Delaney

[Taco Slayer @tacoslayer16]

Semper Fi Brothers and Sisters.

Happy 251st Birthday to my beloved Corps

[Erik - Outlier Trading @_OutlierTrading]

$NKE trying literally anything at this point

[U.S. Marines @USMC]

251 Years at the Tip of the Spear

For 251 years, Marines have met every fight with resolve, precision, and an ethos that never wavers. The first to fight and the last to yield. America sleeps well because Marines stand the watch.

Happy Birthday, Marines. Semper Fidelis.

(Narrated by @netflix @mosquitobowl Director Peter Berg)

🎥(U.S. Marine Corps video by Staff Sgt. Patrick Katz)

[Erik - Outlier Trading @_OutlierTrading]

An important lesson from the military that translates to markets - nobody gives a singular flying fuck. Perform.

https://t.co/JuuDE6AA95

[Erik - Outlier Trading @_OutlierTrading]

Dan Daly

https://t.co/T6vCj5OTCF

[Erik - Outlier Trading @_OutlierTrading]

Happy birthday Marines!

[Erik - Outlier Trading @_OutlierTrading]

Solid business plan

[Investing Addict @InvestingAddict]

Me and Jensen Huang’s ex wife after she gets half his money in the divorce.

[Erik - Outlier Trading @_OutlierTrading]

T+6

Starting BPC157/TB500 daily subcutaneous injections and adding hyperbaric oxygen chamber.

Both of these are supplemental and not well studied for these outcomes. Yet, like trading, I can either stay within what’s well studied or acknowledge imperfect information and go off well researched assumptions.

One keeps me recovering on protocols from over a decade ago. The other contains unknown risk. There is no right answer. You need to do what you feel is best. Again, same with trading.

Hope everyone is doing well. Markets today were a blast and now is one of those rare opportunities for a slew of volatility strategies to launch.

We can see distortions across the surface which will always resolve - just a matter of time.

[Erik - Outlier Trading @_OutlierTrading]

The blue is the leaking disc material that was pressing on the nerve

[Erik - Outlier Trading @_OutlierTrading]

@beckettcat_2 Thank you!

[Erik - Outlier Trading @_OutlierTrading]

The blue is the leaking disc material that was pressing on the nerve

[Erik - Outlier Trading @_OutlierTrading]

I don’t see anything incorrect here.

Biggest piece I’d argue with is wrt being a sole operator vs working at a firm.

I think for most people operating at a firm is lightyears easier than being a solo operator.

If you can make it as a solo operator, the draw to a firm becomes circumstantial.

[cephalopodshop @macrocephalopod]

Everyone hates it when I point out that

- systematic trading is hard
- you can’t prompt your way to a profitable strategy unless you already know what you’re doing
- most people capable of making a success of it for their own account would do much better getting a job at a good trading firm instead

But this is literally the highest value thing I do in this site. Every person who takes my advice is hundreds of hours and tens of thousands of dollars saved!

[Erik - Outlier Trading @_OutlierTrading]

dont size trades by guessing or feel. there are useful tools to help you logically frame position sizing.

https://t.co/EQbQNaBRVT

[Erik - Outlier Trading @_OutlierTrading]

We back up

[Erik - Outlier Trading @_OutlierTrading]

its like anything - ignore the elephant in the room.

when a new white belt starts jits, they're thinking how they're going to submit people. they struggle when theyre told their job is simply to try and survive 3 seconds longer than last round.

however, those that learn to focus on survival, all of a sudden find themselves surviving for half a round. 3/4 of a round. eventually, they get through a round without being hit with 62 submissions.

these are the ones that progress. they can actually learn offense because they have a sound defense to fall back on when they attack something and it doesnt work out.

in rugby, rather than focusing on the sick try its efficient movement of the ball which begins with a single pass. the pass itself, unsexy. wicked ball movement, aka chains of passes, hella sexy.

trading is no different at all. same exact thing. its a process based business. if you cannot learn to focus on the process itll be a really tough business to grow into.

[Peter Robbins @prrobbins]

Early in your trading journey, focus less on proving how much you can make.

Focus more on proving you can:
Follow a plan.
Manage risk.
Take losses.
Stay disciplined.

The money comes later.