MRSTEADY

stoicism

[Lookonchain @lookonchain]

ZEC has dropped more than 18% from its recent high.

Whale 0x362a opened a 5x long on 4,135 $ZEC($5.8M) on @Aster_DEX and is now sitting on over $450K in unrealized losses.

https://t.co/1Eg6mzZSOm

[XO @Trader_XO]

$SOL #Solana

[MRSTEADY @lukelkpoh]

23k very likely

[MRSTEADY @lukelkpoh]

BTC 25.5k hold or I think we see 23.1k. Good buy in that area imo

[MRSTEADY @lukelkpoh]

Eventually working towards lower leverage and bigger position size. Remember to allow trades to breathe

[MRSTEADY @lukelkpoh]

9 wins 2 loss this week. Can improve on holding trades longer. Will continue to maintain small position size and high leverage.

[MRSTEADY @lukelkpoh]

FINVIZ, CIQ, GF, ZACKS - estimated cash flow growth rate.

[MRSTEADY @lukelkpoh]

High P/E ratio does not mean stock is expensive. Likewise low P/E does not mean stock is cheap. P/E does not factor in growth in earnings. Stock with high P/E ratio and high growth in earnings > low P/E ratio with 0 growth in earnings.

[MRSTEADY @lukelkpoh]

Cash flow statement. Identity free cash flow, cash from operations - capEx. Value of business can then be determined (present value of all future cash flows), discounted free cash flow method. Project 20 years and discount it to present value.

[MRSTEADY @lukelkpoh]

Amortisation of intangible assets as a result of merger and acquisition. Temporary expenses.

[MRSTEADY @lukelkpoh]

Income statement. Net income inaccurate measurement; identify one off expenses that will not carry forward into future years. Merger/restructuring charges, loss on sale of investment. Add back non operating expenses.

[MRSTEADY @lukelkpoh]

Buy a good company at fair price > buy a fair company at good price. Business - wide economy mode, consistent growth in revenue, free cash flow, high return on capital, low debt

[MRSTEADY @lukelkpoh]

https://t.co/vBcJv7UazZ

[MRSTEADY @lukelkpoh]

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[MRSTEADY @lukelkpoh]

New timetable for next week:
7.30am - Get out of bed & run
8am - Meditation
9am - Breakfast, trading day starts
11am - Research business
12pm - Lunch
2pm - Reading
4pm - Research business
7pm - Dinner
9pm - Reading
10pm - Meditation
11pm - Read 3 bible chapters, bed

[MRSTEADY @lukelkpoh]

.

[MRSTEADY @lukelkpoh]

Seize the day 💪

[MRSTEADY @lukelkpoh]

Find your happiness within and keep going

[MRSTEADY @lukelkpoh]

You are all I need God. My heart feels warm and complete with you. Thank you for this life. Thank you for this life.

[MRSTEADY @lukelkpoh]

What a beautiful name it is, What a beautiful name it is. The name of Jesus Christ my King.