Luthando Dlomo

Investor & Philanthropist

[Flushing It @flushingitgolf]

9 birdies in a 7 under par 65 to take a 6 shot lead in his Masters defence. Take a bow, Rory McIlroy. Spectacular golf.

[The Masters @TheMasters]

Roars for Rory after a chip-in birdie on No. 17. #themasters

[Luthando Dlomo @luthando_dlomo]

LETS GO RORY!!! -10 incoming! Trending

[Rory McIlroy Tracker @RMTracker]

We might be back. TBD.

[Rory McIlroy Tracker @RMTracker]

WHAT IS GOING ON

[The Masters @TheMasters]

A Rory McIlroy highlight on No. 10. He moves to two under par. #themasters

[Adame Moustaine @adamemoustaine]

Yesterday it was the break even to TP, and today it's this.

Only a few select people will understand this:

One of the greatest challenge with trading is expectation management, and the greatest tool you have to overcome this challenge is data.

I'll make a post about this.

[Prof. Feynman @ProfFeynman]

Do not use your energy to worry. Use your energy to believe, to create, to learn, to think and to grow.

[Umar Ashraf @UmarAshraf]

Most traders that say they want to become profitable traders are typically focusing on the wrong things.

If you want to become profitable focus on the following:

1. increase your time horizon. Don’t aim to become profitable in 2-3 months. Give yourself a year at minimum.

2. Stop focusing on p/l as an indication for progress, focus on areas of improvement such as: — I’ve actually followed my stops. I’ve improved my risk. I’ve gotten better at identifying opportunities. Etc etc. once you focus on that the money will slowly roll in .

3. Have a process before every trading day. Pre market game plan/ after market review/ how do you analyze if you’ll enter/ exit a trade

4. Journal journal journal. Keep a log book + see all your analytics (@tradezella )

5. Focus on 2-3 strategies at max, build rules around them and then backtest the hell out of them.

6. Focus on RISK FIRST. Don’t look at how much you will make or can make. Focus on “if I’m wrong, I am comfortable losing X amount”

Profitable Trading is a combination

Mindset + Edge

You need to develop both.

[Luthando Dlomo @luthando_dlomo]

@HomaryaShaik No ways 😭how???

[Adame Moustaine @adamemoustaine]

Why are you still looking at the charts?

You got stopped out 2-3 times already, now you're looking to size up to make it all back... I know, because I've been there.

The switch will come when you realize that those environments are ruining your progress. Learn to avoid them.

[Luthando Dlomo @luthando_dlomo]

@sandisodhlomo 😂😂😂😂 and this scene is so perfect

[Ryan @DodgysDD]

Veteran Wall Street Trader Richie Naso explains that this market is all algorithms and liquidity

Hello person scrolling. You who trades EMAs, VWAP, and supply and demand. I know you’re reading this and will probably somehow STILL say this isn’t true😂😂😂

[Earnings Hub @EarningsHubHQ]

Largest stocks that report earnings this week

UnitedHealth $UNH
JPMorgan $JPM
Pepsi $PEP
Wells Fargo $WFC
Blackrock $BLK
Progressive $PGR
Citi $C
Infosys $INFY
PNC Financial $PNC
Fastenal $FAST
Delta Airlines $DAL
Walgreens $WBA
Dominos Pizza $DPZ
Commercial Metals $CMC

[Prof. Feynman @ProfFeynman]

• Don't fear mistakes.
• Be open to new ideas and opinions.
• Read books.
• Enjoy your learning.

[Luthando Dlomo @luthando_dlomo]

@adamemoustaine Happens to the best of us bro! Fixed risk above any possible inducement/engineered liquidity is the best plan but i do the same mistakes trying to minimise risk 😂 but if we truly accepted the initial risk and allowed the trade to be there would be no adjustments, better ROI

[Prof. Feynman @ProfFeynman]

Meanwhile, inside the box, Schrödinger's cat plans its revenge.

[Luthando Dlomo @luthando_dlomo]

@wallstmemes 😂😂😂 @itzkeegz

[unusual_whales @unusual_whales]

Want to see a crazy trade?

Yesterday, someone OPENED $SPLK 127 calls, for $22,000, expiring tomorrow.

Then today Cisco Systems $CSCO announced acquiring Splunk for $28B, $SPLK up 20%.

The contracts were $0.04 yesterday, now $18.30.

They exited today for a 45,650% return...

[Stoic Trader @StoicTA]

$NQ +100pts 💰 before Market Open