@MTradingX Mat,
Can you please give me a quick follow? Wanted to get in touch with you about something prop related that id genuinely like to discuss with you.
Tnx & kisses
@BOFOMOMO I think that’s why years of prolonged failure before profitability are so valuable. Helps with developing resiliency & to be fair - kills all the expectation.
So once you DD, and DD for extended periods, it’s not as tough on you mentally
@SpositoAlex You sound like someone who has very hard time grasping “dynamic” concepts. Like trade selection& trade potential.
Don’t worry, you might get there eventually
In your 20s, you're going to get the urge to buy oil and gas stocks because they trade at double-digit free cashflow yields compared to tech stocks at low-single-digits at best.
IT'S VERY IMPORTANT YOU DON'T DO THIS.
@BitkiBitkin@wannabechamp Volatility in the markets + they introduced new, volume based execution LP’s. You get larger spread with smaller size & more with larger. (There was an email about it.
@kt_valueguy@zerohedge Brother, you’re talking about bears here. 😀 They are the ones not getting more than 5% PB since April lows.
Or more importantly, $QQQ up 150% since 2022 lows & one 25% blip.
Every single dip buy has been rewarded for years. Bears, on the other hand…