My interview with Richard Moglen and TraderLion!
I rambled quite a bit but hope you get something out of it! Now open to watch for everyone.
https://t.co/7N6wDb930D
@jagjag598 Will also add that I've had many experiences in the past being disgusted with my trading and inability to follow rules/overtrade. I have just closed out everything and started fresh.
You have to do what works for you.
@jagjag598 The confidence comes when I knew I would no longer blow up.
You need to ask yourself why you can't follow you rules and why you feel as though you aren't doing well enough. Those are very important questions that need answers.
@jagjag598 You can stop trading and just observe. The best opportunities in my experience tend to come after bear markets/corrections and set up over weeks/months.
Also sounds like you have fear of missing out. Looks like you need a mental reset.
NFL practice squad players earn $234K a year to never play a game. Brady says a lot of them prefer it that way.
$13,000 a week. Same facilities, same planes, same meals as the active roster. Super Bowl ring if the team wins. And zero risk of failing on national television. Brady watched this for 20 years and realized many practice squad players had already reached the exact outcome they wanted.
The active roster pays $840,000 minimum, three and a half times more. But it comes with something most people underestimate: public, measurable, weekly accountability. Drop a pass in the fourth quarter and 70,000 people watched it happen. When practice squad players got promoted into that pressure, they crumbled. Same arms, same legs, same speed. Their talent survived the jump. Their appetite for judgment didn't.
The $606,000 gap between practice squad and active roster is the annual price of pressure-avoidance. Enough NFL players pay it voluntarily that a seven-time Super Bowl champion noticed a pattern.
Every evaluation system on earth measures people when nothing is on the line.
Huge volume on MXL today on the sell off.
Was just talking with Clement about how some of these names are going to "break out" of their flags, then shake out/pull in on volume, then reverse by end of week and close near the highs. On daily, looks like a minefield. On the weekly will look like a smooth break out on volume.