eerhS

5+ years trading | scalp + flow | {CS.minded} | Perma-WhatTheChartSays | Constantly Learning | …brb on a 🏃🏾

[eerhS @one_2_shree]

Due Diligence:
- check the macros/big 4 (for me /ES, /NQ, QQQ, SPY)
- - mark the levels (annotate for context)
- - set alerts if you can’t sit in front of the charts
- do the same for a few tickrs you watch
- - I watch the mag7 but I’ve seen other peeps filter for 52w highs, lows, sector rotations… you do you
- - - don’t spread yourself thin looking at too many tickrs
-Events: wagwan bruv, what’s happening this week?
- - economic data, earnings data, what could cause a move in either direction?

Gametime:
- mark your pmkt lvls
- make note of pdH, pdL same for wk, M
- understand the open (gap?, inside day?…)
- don’t carry bias, be reactionary
- patience is key
- snipe on entry confluence confirmation
- - I trade b&r, but what all gives you the confidence to enter the trade
- - DO NOT trade on pnL, trade the R:R
- - UNDERSTAND your risk!!!

*rmr the best traders are the best losers
*winning trades pnL ultimately outweigh the losses
*always refine and polish your strat
*believe in yourself

*will refine this post with time but this is honestly it, no secret sauce, everyone’s looking at the same chart

[eerhS @one_2_shree]

@jayalxndr How do you manage to stay disciplined boss? … choppy days and staying off your hands VS you see the set up but still sizing appropriately instead of full port?

[eerhS @one_2_shree]

@jayalxndr Reminds me of old school solitaire when you win a game and the cards cascade down

[eerhS @one_2_shree]

@dayt_sj @ThetraderNoah Lance is featured in Market Wizards, need I say more?

[eerhS @one_2_shree]

@Desi_Trade https://t.co/T2LEIVR9fB

[eerhS @one_2_shree]

@PradeepBonde So when traders are underwater how should we expect PA to behave? 😅

[eerhS @one_2_shree]

@StealthQE4 Lmao great gif!

[eerhS @one_2_shree]

@PradeepBonde Not sure if I understand completely. If it doesn’t follow through fast it’s best to cut quick right? And wait for next set up?

[eerhS @one_2_shree]

@rileybrown @agentnative_ Can it help with animations? Any useful resources for that?

[eerhS @one_2_shree]

@Subhan53139900 @PradeepBonde I believe he might be referrng to Briefing and Tiingo (.com)

[eerhS @one_2_shree]

@StealthQE4 “Smells like Halliburton”

[eerhS @one_2_shree]

@jayalxndr Keep telling my friends this but the FOMO be FOMO-ing

[eerhS @one_2_shree]

@PradeepBonde Thanks for the insight 🐐

[eerhS @one_2_shree]

@PradeepBonde So is it a bit of leap of faith, levels and in hindsight knowing it was a good entry based on volume?

[eerhS @one_2_shree]

@zerohedge We need a community note… TRUMP: ENDED HIS HISSY FIT TODAY

[eerhS @one_2_shree]

@Desi_Trade Too hot to hibernate 🐂🐂🐂

[eerhS @one_2_shree]

@thuhkang The senior citizen who cried wolf 🤡

[Patrick OShaughnessy @patrick_oshag]

My guest today is Paul Tudor Jones (@ptj_official), one of the greatest macro traders of all time.

He correctly predicted the 1987 stock market crash and shorted the Japanese bubble in 1990. For over 40 years, his flagship fund has had a negative correlation to the S&P 500. 100% of his returns are alpha.

He says today's market has so many similarities to 2000, "the easiest bear market I've ever seen in my whole life."

He makes the case for going long dollar-yen, why Bitcoin beats gold as an inflation hedge, and why he was wrong about Warren Buffett.

But what I'll remember most from this conversation is Paul's zest for life. He's 71 and still wakes at 2:30 every morning to trade the London open. He works out for two hours a day. He walks with his wife every evening. He travels the country chasing peak spring and peak fall. He's so excited about the songs picked for his funeral that he wishes he could be there to hear them.

Paul has lived five lifetimes in one. He's one of the most entertaining and interesting people I've met, and the conversation will leave you searching to be as passionate about what you do as he is about what he does.

Enjoy!

Timestamps:
0:00 Intro
1:00 The Kindest Thing
13:19 Trading vs. Investing
17:33 Lessons from Warren Buffet
22:24 The Existential Risks of AI
29:54 The Nature of Trading
31:46 Bitcoin
35:55 Bubbles
42:08 A Day in the Life of PTJ
46:00 Information Overload
47:07 Passion for Markets
50:49 The Robin Hood Foundation
54:18 The Workless World
56:03 Journalism
1:00:00 Principal Components of a Great Life
1:05:06 Kill Them With Kindness

[eerhS @one_2_shree]

@StealthQE4 Great discussion if you haven’t watched the whole vid on YouTube, check it out 🤙🏽

[eerhS @one_2_shree]

@tradeconciencia @StockSavvyShay Very interesting, need to familiarize myself with this a bit and wrap my head around what you said towards the end, but appreciate the response!