Brutal truths about trading I know 5 years in, I wish I knew from day one.
1. Success comes from simplicity and avoiding mistakes rather than complexity.
The S&P 500 is officially up 57.7% since this new bull market started in Oct '22.
The avg bull market two years off the lows? Yep, up 57.7%.
So many told us the weak first year was a bearish signal. We said just wait, it'll catch up in year two. Here we are.
The small-cap Russell 2,000 finally made a new 52-week high after going 530 days without one, its second longest streak in its history behind the 568-day streak that ended in October 2009 about six months after the Financial Crisis lows.
Despite a 5.4% increase in premarket gappers YoY, the percentage of tickers that close below the open is shrinking, perhaps falling back to normal pre 2020 levels
New Blog! Merry Christmas and Happy Holidays everyone, my gift to the community this year.
Blog Title: "Resilience and The Myth of Sisyphus"
https://t.co/UQeNXnGdPS
New Blog! Merry Christmas and Happy Holidays everyone, my gift to the community this year.
Blog Title: "Resilience and The Myth of Sisyphus"
https://t.co/UQeNXnGdPS
Having clarity of mind about the setup is crucial to trading profitably.
Once you develop that, profitability is easy.
Once developed, a clear understanding of a setup and process is life-changing.
A lot of traders work very hard but have no mind clarity. Mind clarity can be achieved rapidly once you have an excellent structural setup idea.
If you want to be profitable trader, run trading like a factory with set process.
Process orientation will quickly make you profitable. Focus on the process, and perfect it. Think of step 1, step 2, step 3, and so on. Think when to run what process. Think through most efficient tools for running your trading factory.
also, new song dropping 12/1
share this pre-save link with 5 of your friends before Thursday and your crush will text you at 11:11 on Friday night. don’t wait
https://t.co/MXGAo5MKXF
@cornelly_ Introspection and mental clarity are paramount to my success.
However it’s not an excuse not to work 24/7 on repetitive tasks like excel work and edge building.
Once the edge is clear and it becomes about execution, focus on being clear via recovery, sleep and alike
@TheShortBear how has various forms of meditation and focusing on an increased level of consciousness and self awareness influenced your success in trading/investing and overall wellbeing (I believe this is the most important contributor to an individuals ability to achieve any goal in life)