JoSch

Trader

[Lone @lonextrades]

Qullamaggie on Preserve Your Mental Capital

“Yeah exactly. Don’t overthink things. Like if you’re a day trader, there’s usually things to do at least near the open. But now we’re approaching midday. And if you’re a swing trader, there’s nothing here to do. You may as well take the day off, go study, go do something productive.

The most important thing is to preserve mental capital. Stay positive, stay healthy. Physically and mentally.

Let most market participants wear themselves out. And then when it’s time, you can come back, you can be aggressive, and you’re gonna be in position of strength.

That’s how you win in the game of trading. You have to do some things differently.”

[Cointelegraph @Cointelegraph]

🔥 BULLISH: Fed Governor Waller says "dollar backed stablecoins may create a new channel linking global liquidity demand directly to US Treasury markets"

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 US House Committee schedules crypto Clarity Act hearing for July 17.

[Arya Deniz @Arya__Deniz]

“George (Soros), I’m going to sell $5.5 billion worth of British pounds tonight and buy deutsche marks. Here’s why I’m going to do it, that means we’ll have 100% of the fund in this one trade”.

As I’m (Stanley Druckenmiller) talking, he starts wincing like what is wrong with this kid, and I think he’s about to blow my thesis away and he says, “That is the most ridiculous use of money management I’ve ever heard. What you describe is an incredible one-way bet.

We should 200% of our net worth in this trade, not 100%. Do you know how often something like this comes around? Like once every 20 years. What is wrong with you?”

[JoSch @JoSchFX]

@Coinvo good, make death penalty great again

[JoSch @JoSchFX]

@madcap412 💀

[Raoul Pal @RaoulGMI]

I have created an Exponential Age index using my Universal Code Law 1 of Output of Intelligence per Unit of Intelligence.

While not yet perfect, its captures the magnitude of what is happening. We are now in a double exponential (the first ever example of Reed's Law) 1/

[Senator Cynthia Lummis @SenLummis]

Software developers should not need an army of lawyers to know if their code is legal. The Clarity Act ends that absurdity.

[stockbee @PradeepBonde]

Finding setup is most important in the beginning after that situational awareness.
Fix setup problems first.
From the new market wizard book

[jack schwager @jackschwager]

The audio for the new MW book Market Wizards: The Next Generation has just been published. Note there is a pdf with charts that accompanies purchase of the audio. There is a new narrator for this book, Hopper Stone. I believe he did a superb job.

https://t.co/TyMJSI6eG8

[Goshawk Trades @GoshawkTrades]

Chris Camillo, featured in Jack Schwager's Unknown Market Wizards, turned $20K into $70M+ over 18 years averaging 77% annualized returns. audited.

his edge? TikTok comments and beauty influencer videos.

he found ELF Cosmetics at $7 because a YouTube creator with 10 million views said their $8 primer was as good as a $60 product. he went to Walgreens and stood there all day watching moms buying out every ELF product on the shelf.

then he called the Wall Street analyst covering ELF to check if it was priced in.

"what do you think about the Jeffree Star video on ELF?"

"who's Jeffree Star?"

"at that moment, i knew everything i needed to know about that trade."

ELF went from $7 to $170.

Blankfein lives in a world of phone calls and 40 years of relationships at the center of global finance. Camillo lives in a world of TikTok comments, Google Trends, and standing in a drugstore counting what sells. both have something the marginal participant in the market doesn't understand or can't act on.

as Agustin Lebron (ex Jane Street quant) puts it:

"edge is something you understand and can act on that the marginal participant in the market doesn't understand or can't act on."

the question is: what's yours?

[JoSch @JoSchFX]

@TodayinHistory @grok what did he do?

[JoSch @JoSchFX]

@KhanSaba1278 this, pay your fucking servers you greedy cunts

[David Sinclair @davidasinclair]

After 25 years of brave & brilliant work by hundreds of scientists in my lab to understand then safely reverse aging for the first time, it was moving to witness the first human dose being delivered 🥹 https://t.co/veQsyUEORz

[Senator Cynthia Lummis @SenLummis]

The Clarity Act passed committee. The floor is next. We did not come this far to quit at the 5 yard line.

[JoSch @JoSchFX]

@MuffsterMuffy @regothetrader bro, the cycle is just playing out like every cycle

[Tom Dante @Trader_Dante]

Reminder: As a trader, your job is to read and act on what is happening.

Not what you want to see happen.

What is actually happening now.

[bodila @51bodila]

Paul Tudor made $100M in one day, Stan Druckenmiller made 1 trade that broke the Bank of England

on one RobinHood stage two $10B+ hedge fund CEOs gave a 30-minute trading masterclass

completely free - two of the greatest traders in history will show you the most important rules of trading

bookmark & watch - this is better than any paid course from fake traders

[Polymarket @Polymarket]

NEW: European Union reaches deal to fast-track the return of illegal migrants.

[JoSch @JoSchFX]

@InternetH0F W