DMB 🏴‍☠️🥇

Monetary Debasement Operator 🏴‍☠️

[DMB 🏴‍☠️🥇 @boq89]

Most of the events happening this decade are following the strategic objective of unwinding Bretton Woods and allowing for a multilateral monetary system that settles in Gold.

In other words, the reestructuring of a bankrupted global empire.

USA - from Global Empire to Country.

[TraderFlorida @TraderFlorida]

"It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!"
Jesse Livermore (Buy right and sit tight - allowing your winners to run)

[DMB 🏴‍☠️🥇 @boq89]

Insane! Pretty much everyone in this space learned swing trading from Mark Minervini but they don't miss an opportunity to publicly raise doubt on his track record every chance they get.

These "influencer" traders are something else...

[Mark Minervini @markminervini]

Lol! 🤣🤣🤣 I have zero emotion trading. You guys are hysterical. You are criticizing me for making 25% in 9 days, and it was only a 5 days later that the stock experienced a 20% pullback. It was a great trade. I'm sorry that you guys live in hindsight. Maybe you should post your trades as they occur and show the world how great you are IN REAL TIME.

[DMB 🏴‍☠️🥇 @boq89]

Iran resourcing to ghosting

[zerohedge @zerohedge]

IRAN TO STOP TALKS WITH US IN PROTEST OVER ISRAEL: TASNIM

https://t.co/sUmtamHTWZ

[DMB 🏴‍☠️🥇 @boq89]

@NorthstarCharts I'm voting red..even though I'd love Green. I just can't see the GSR to resolve down again so fast..everytime one of these spikes down happened look how much time it needed to be ready to collapse again

[Christian Flanders @CFlanders7]

One good month where you are in sync and connect on a few trades can propel you back to highs as long as the drawdowns are kept small!

[DMB 🏴‍☠️🥇 @boq89]

👇

[Investment Wisdom @InvestingCanons]

Stanley Druckenmiller:

“Life goes in streaks. And like a hitter in baseball, sometimes a money manager is seeing the ball and sometimes they're not.”

When investors are down, they tend to get aggressive to win it back. Druckenmiller: “One of my most important jobs as a money manager was to understand whether I was hot or cold...”

“In my opinion, when you're cold, you should be trying for bunts.”

[DMB 🏴‍☠️🥇 @boq89]

Impending breakout in $Gold?

[DMB 🏴‍☠️🥇 @boq89]

And just like that...if Silver MCX closed the month here it would be having its highest monthly closing, and breaking out of a 3 month consolidation

I pay close attention to the Gold and Silver MCX price action

[Macro Liquidity by Sunil Reddy @Macrobysunil]

Gold and silver MCX futures hit upper circuit as Government of India has increased import tax on gold and silver imports from 6% to 15%.

That is almost a 9% landed-cost shock getting priced in.

[DMB 🏴‍☠️🥇 @boq89]

@ASX__Trader $EEM I think it makes sense it will eventually become more and more of a reference stock index in a more multipolar world

[DMB 🏴‍☠️🥇 @boq89]

@Macrobysunil I feel biased to the upside because of Treasuries and Bund charts, both on short term and on long term

[DMB 🏴‍☠️🥇 @boq89]

@SimonDixonTwitt @LawrenceLepard if it ends now there's no excuse for the big print. these levels are manageable. Unfortunately, they'll have to inflict more pain to manufacture the crisis

[DMB 🏴‍☠️🥇 @boq89]

@Macrobysunil were you expecting to be this fast? haha I thought it would take some days 😂

[DMB 🏴‍☠️🥇 @boq89]

Is it? December WTI contract just CLEARLY broke into ATH

[*Walter Bloomberg @DeItaone]

BESSENT: FUTURES MARKET PREDICTING LOWER OIL PRICES

[DMB 🏴‍☠️🥇 @boq89]

Any equity curve from a professional trader is just another asset. After a parabolic advance, it will burst and correct significantly.

[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."

[DMB 🏴‍☠️🥇 @boq89]

@swing_ka_sultan @ordershmotrader @Qullamaggie he can have 100%+ returns over 30 years and not get to billions in AUM. haven't people heard of wiring out money for other purposes?

[DMB 🏴‍☠️🥇 @boq89]

It's now Oil doing the classic 10 am slam...Jane Street signature move

[DMB 🏴‍☠️🥇 @boq89]

UAE leaving OPEC is not bearish for Oil...just saying

[DMB 🏴‍☠️🥇 @boq89]

@TechCharts breaking out into new highs in almost every maturity when seeing contract by contract

[DMB 🏴‍☠️🥇 @boq89]

If you're focused on the generic $CrudeOil you're missing a clear breakout into new highs on each of it's contracts (can check several maturities)

[DMB 🏴‍☠️🥇 @boq89]

@s_oranjemuntje I've been saying this for a long time too 🧡
https://t.co/IQ7IKKYvHG

[DMB 🏴‍☠️🥇 @boq89]

The Financialization of people's roof is a malaise on our civilization. Banks create money out of thin air and most of it goes directly to Real Estate. With the advent of digitalization and subsequent Bitcoin creation, this malaise can be cured