Diego

DayTrading | Space Systems | Entrepreneur I Macro Economics

[shobhanai @HeyShobhan]

Ten million people have watched an MIT professor accidentally destroy the executive coaching industry.

He filmed the lecture once in January 2018 and died eighteen months later.

Executive coaches charge fifteen thousand dollars a session to teach a third of what he covered in one hour for free.

His name was Patrick Winston. He ran the MIT Artificial Intelligence Laboratory from 1972 to 1997 and wrote the AI textbook every computer science major in the world read for thirty years.

Every January for four decades, he gave a lecture called "How to Speak."

His entire framework fits on a napkin.

Do not read. Be in the image. Keep images simple. Eliminate clutter. Start with an empathetic connection. End with a punch line the audience can repeat over dinner. Never open with a joke. Never end with "thank you."

That last rule alone has probably cost the executive coaching industry a hundred million dollars.

"Your success in life will be determined largely by your ability to speak, your ability to write, and the quality of your ideas. In that order."

That is the actual opening line of the lecture. Winston believed it strongly enough to spend fifty years teaching computer scientists how to talk.

Founders spend $80,000 on an MBA and then hire a communications coach to teach them the same material Winston filmed once for free. Engineers write brilliant code and lose promotions to teammates who watched this lecture on the train.

The lecture is free on MIT OpenCourseWare. The textbook is free on his page.

Winston died in 2019. Almost none of the ten million viewers have actually implemented the four rules on the napkin.

The napkin is free. The willingness to actually use it in your next meeting is the entire edge.

[Dhruv kumar @Dhruvkumar16797]

INSTEAD OF WATCHING NETFLIX TONIGHT. Spend 2 hours with this. Claude AI FULL COURSE that teaches you how to BUILD and AUTOMATE anything. The people who watch this tonight will wake up tomorrow with a new skill. Watch it and bookmark it now.

[unusual_whales @unusual_whales]

Charles Schwab $SCHW, is down -4.4% on news that TD Bank, $TD, plans to sell 40.5M Schwab shares.

[WOLF @WOLF_Financial]

5. ETF - a fund that trades like a stock

6. Annualized returns - overall returns averaged to year over year returns

7. Dividend - distributed profits to shareholders

8. Yield - the return on an investment

[WOLF @WOLF_Financial]

1. Asset allocation - the percentage of each asset you own

2. Diversification - when you own different types of assets

3. Mutual fund - a pool of money from investors to invest in groups of assets

4. Index fund - a type of mutual fund that tracks a list of stocks

[Diego @maticsol97]

Build a base. Focus on the fundamentals.

[alec @alecTrading]

I gave you guys the top gainer for the day, did you take advantage anon? $ID

[Watcher.Guru @WatcherGuru]

Weekly Recap

1) 🇸🇦 Saudi Arabia enters trade alliance with China, Russia, India, Pakistan, and four Central Asian nations to step further away from reliance on the US dollar.

2) 🇨🇳 China and France complete first LNG gas trade using Chinese Yuan, ending reliance on the US dollar for energy trades.

3) 🇨🇳 China and Brazil to settle trades in their own currencies, ditching the US dollar.

4) Brazil, Russia, India, China, and South Africa (BRICS) are developing a new currency, State Duma Deputy Chairman says.

5) 🇸🇦 Saudi Arabia partners with China to build a Chinese oil refinery for 83.7 billion yuan ($12.2 billion).

6) 🇰🇪 Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.

7) 🇰🇪 President of Kenya tells citizens to get rid of US dollars.

8) Association of Southeast Asian Nations considers dropping the US dollar, euro, yen, and British pound for local currency financial settlements.

9) 🇸🇻 El Salvador President officially signs bill eliminating all taxes on income, property, and capital gains for technology innovations.

10) 🇺🇸 US Senator Elizabeth Warren launches "anti-crypto" re-election campaign.

11) 🇮🇳 India to settle trade in Indian rupees with certain countries instead of US dollars, Commerce Secretary says.

12) 🇨🇳 Chinese yuan surpasses the euro to become Brazil's second-largest currency in foreign reserves.

13) 🇺🇸 US government to sell 41,500 #Bitcoin  ($1.18 billion) connected to Silk Road, in four batches this year.

14) 🇭🇰 Hong Kong regulators to assist #crypto firms with banking in effort to become a digital asset hub.

15) #Binance and CEO sued by US CFTC over alleged regulatory violations

16) 🇺🇸 US Social Security funds are projected to run out by 2033, Reuters reports.

17) 🇫🇷 5 major banks raided by French authorities in €100 billion fraud investigation

18) 🇺🇸 Former President Trump says President Biden is directly responsible for the bank failures and creating an economic catastrophe that will only get worse.

19) MicroStrategy purchases an additional 6,455 #Bitcoin ($150 million).

20) 🇺🇸 President Biden says the banking crisis is "not over yet."

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

If you do it right, trading is the most rewarding business in the world.

But most traders don't know how to win consistently for 3+ years.

7 hacks to improve 10x your trading:

[Andrew Lokenauth @FluentInFinance]

Many don't realize the importance of Silicon Valley Bank to the economy & the ripple effects coming

SVB's failure is the beginning of a domino effect throughout tech & start-ups

I've worked in banking for 10+ years so let me explain why you should care & what it means for you:

[unusual_whales @unusual_whales]

BREAKING: Binance used customer deposits for its own undisclosed purposes, according to a report from Forbes. 

Binance transferred $1.8 billion in stablecoin collateral to hedge funds, the report says.

[Tony Trades @ScarfaceTrades_]

I Made $11,000 Day Trading Today.

The average salary in North America is $50,000/year.

In 1 day I made 22% of the average yearly salary.

In this thread I’m going to go over my biggest obstacle when I started trading:👇

(1/10)

[Brian Feroldi @BrianFeroldi]

I’ve been investing for 19 years.

Here are 31 short investing truths I've learned the hard way:

[alec @alecTrading]

Futures Challenge

$50k > ???

Starting Balance: $50,000
Start Date: Feb. 14 / 2023

Follow to keep up, will post daily updates.

[alec @alecTrading]

Futures Challenge

Starting Balance: $50,000
Current Balance: $130,780
Start Date: Feb. 14/2023
Current Date: Feb. 14/2023
Total % Return: 161%

The goal is to take this account to $1M.

[Diego @maticsol97]

@avyntrades What are some things that help you with discipline and following your plan?

[Diego @maticsol97]

@avyntrades Very nice to see the action live 🙏

[Diego @maticsol97]

Building a foundation and healthy habits is hard but those my goals are this month. So far so good. Yoga 4-5 times a week. Wake up at 5 am and read. Show up everyday. Journal/analyze every single trade.

[alec @alecTrading]

❌ 90% of Crypto day-traders lose money

✅ The 10% that consistently profit have great Risk Management

For beginners, here are the best ways to Manage your Risk when day-trading Crypto:
🧵

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

90% of traders can't trade 1 single setup.

6 steps to become a trading sniper: