FABIAN 🇨🇭

I trade US stocks Intraday & Swing Breakouts | EPs | Stocks in Play Risk first. No hype. No courses.

[FABIAN 🇨🇭 @accretetrader]

The biggest acceleration in my trading career
didn’t come from a new strategy.
It came from changing my environment!

A short thread 👇

[FABIAN 🇨🇭 @accretetrader]

@PradeepBonde Are you planning to come to Switzerland?

[FABIAN 🇨🇭 @accretetrader]

@CFlanders7 Come to Switzerland Christian😄

[FABIAN 🇨🇭 @accretetrader]

@lonextrades

[Kristjan Kullamägi 🇺🇦 @Qullamaggie]

I'm in the new Market Wizards book!
This book series was a huge inspiration and motivation when I first read them in 2011 when I was struggling and being included myself is a massive honor, thanks to @jackschwager and @gfc4!

I'm also very lucky that I found two trading communities early in my journey @PradeepBonde and @IUTraders that in hindsight turned out to be Market Wizard factories!

[FABIAN 🇨🇭 @accretetrader]

@TaPlot The fight is not over. I’m praying for you from Switzerland. Stay strong and keep believing!

[FABIAN 🇨🇭 @accretetrader]

@TheShortBear Nice one!

[FABIAN 🇨🇭 @accretetrader]

@jfsrev 🔥🔥

[FABIAN 🇨🇭 @accretetrader]

@TedHZhang $soxl on april 8th

[FABIAN 🇨🇭 @accretetrader]

@PradeepBonde Feels like the market is rewarding precision again.
A few months ago you could spray breakouts. Now one wrong theme and you’re instantly below water. The leaders are separating hard from the tourists.

[FABIAN 🇨🇭 @accretetrader]

@TheShortBear This was my best trade of the week with high conviction; loved the premarket action. Still swinging 50%. Hope it can run a little more. The space theme is 🔥 Thanks to @RealSimpleAriel for keeping this stock on my radar.

[FABIAN 🇨🇭 @accretetrader]

@CFlanders7 It was perfect today. Really sized it up. From premarket till the close🔥 Still swinging 50%

[FABIAN 🇨🇭 @accretetrader]

@TaPlot $RKLB was AMAZING today. This is my best trade this week. Still holding 50% for a swing. 🚀 It was really perfect. From the premarket till the close🔥

[FABIAN 🇨🇭 @accretetrader]

@PradeepBonde @mars10p @Qullamaggie That’s the part most people ignore. Even @Qullamaggie says he wouldn’t recommend trading to others. Not because it’s impossible, but because 99% aren’t willing to build the discipline, patience, self-awareness and the extra mile it actually demands.

[FABIAN 🇨🇭 @accretetrader]

@jfsrev

[Bracco ⚡️ @Braczyy]

Read the Market Wizards chapter on Kristjan Kullamägi this weekend. The one section that really stood out was when he discussed his drawdown off of his 2021 peak.

"I started 2020 with $3.5 million and ended the year at $36 million. It was a thousand percent year. Then I ran that $36 million to a high of $105 million, and the last portion of that move from $65 to $105 million occurred in just a month and a half. For a brief period, just a few days, I was over $100 million. You have to understand what that did to my psyche. It made me feel completely detached from reality. I thought, “I’m going to get to $200 million in six months.” I was completely sure of that. I started seeing trading as a video game, which I kept winning.
Measured from my $105 million peak in November 2021 to my mid-2022 low, I lost approximately $60 million. About half of that loss represented the late 2021 retracement of the large open profits at the November peak to the stops on those positions. The initial retracement loss was so large because I was leveraged long at my peak. My long exposure was $150 million—a number I recall because I remember bragging about it to a friend"

These boom and bust type tales are as old as time. Look at Jessie Livermore as the classic example. Net worth of $0 in 1906 to a peak of $1.6 billion (inflation adjusted to 2021 dollars) in 1929. Just 5 years later he blew up and owed $104 million dollars to his brokers...

Or look at Paul Tudor Jones. Hit one of the most legendary trades in history, making roughly $200 million dollars during the 1987 crash. It cemented him as a legend. His mental coach Tony Robbins said that Jones consistently lost money for the next 4 years after that peak.

Dan Zanger parlayed $10,000 into $42 million during the late 90's. Then in late 2000 he took a 70% drawdown when he was 200% long 3-4 fiber optic stocks as the dot-com bubble was popping.

Charles Harris reached 8-figures status after he ran up his account over 4,000% from 2020-21, then experienced a -80% drawdown, mostly due to his big TSLA bet in 2021-2022.

I have seen a few people speculating on Kristjans story from the outside. Saying "I would have stopped trading at $100 million" or "I would have just taken that money and started investing". To those people I ask if you have ever experienced a real euphoric run in your trading account, let alone turning 5k into 100mil? Extreme winning streaks like the ones above breed overwhelming euphoria and overconfidence. The mind shifts its focus from process to outcomes, with ego-driven decisions overriding risk parameters and rules. From my experience I have found it near impossible to be aware of this at the peak of the run. It is almost like you are blacked out and the greed/ego completely takes over your trading.

Then the drawdown begins. The emotions shift from euphoria and greed to revenge, fear, and doubt. This is where things can really start to spiral out of control. It is only after the drawdown has run its course that you finally come back to your senses and your emotions drift back towards baseline levels. Then all you're left with is regret...

Few people ever talk about what a big winning streak can do to you. It can literally change the way you think and operate. Often the ability to achieve super returns is also its biggest drawback—a true double-edged sword. To be able to conquer both sides is the holy grail...

From the Hour Between Dog and Wolf by John Coates:
"When traders enjoy an extended winning streak they experience a high that is powerfully narcotic. This feeling, as overwhelming as passionate desire or wall-banging anger, is very difficult to control. Any trader knows the feeling, and we all fear its consequences. Under its influence we tend to feel invincible, and put on such stupid trades, in such large size, that we end up losing more money on them than we made on the winning streak in the first place. It has to be understood that traders on a roll are traders under the influence of a drug that has the power to transform them into different people."

[FABIAN 🇨🇭 @accretetrader]

@Braczyy @TedHZhang After a euphoric run, discipline feels optional. That’s exactly when it becomes critical.

[FABIAN 🇨🇭 @accretetrader]

@TheOneLanceB @AlphaAllegro 🤣

[FABIAN 🇨🇭 @accretetrader]

@TheOneLanceB The future...😍

[FABIAN 🇨🇭 @accretetrader]

@PrestigeWldwd @Qullamaggie Thanks a lot.

[FABIAN 🇨🇭 @accretetrader]

Been waiting almost a year for this chapter. Huge congratulations @qullamaggie.

I genuinely don’t know another trader who has impacted so many people, especially in my generation and showed what’s truly possible in this game.

Through him, I discovered @PradeepBonde and got the chance to learn from one of the best. That alone changed everything.

Still remember those KQ livestreams during COVID like it was yesterday.

Grateful. Respect, Kristjan. 🙏

[Sean Sharpe @BornInvestor]

Sunday reading the @Qullamaggie chapter of Market Wizards : The Next Generation.

One of the moments that got me serious about trading was stumbling across Kristjian’s interview with Chat with Traders. Have lost count of how many times I’ve listened back to that.