No one is going to believe in you or your dream until you've already done it. So... to succeed, you're going to have to work your ass off for a long time, with no applause, no rewards, no pats on the back. The truth is, you have to believe in yourself and own your success.
Unless you have profitable setup, process, and tools no amount of trading psychology is going to make you rich.
Claims of trading is 80% psychology are misleading and can cost you money and time as you keep thinking your issue is psychology.
Parabolic Structures. tandaan lang ang mother nito is $GOLD.
Phase 1: box with up trending arrow
Phase 2: Triangle
Phase 3: The Greatest Bear Trap Ever
Phase 4: Toda...
One of the topic at Investa Summit 2019 (Nov 23-24 at SM Aura, BGC): Parabolic Fractal Thesis
How to learn anything fast & be an original:
1 Study classics hard
2 Use knowledge arbitrage
3 Dare to make hypotheses
4 Don’t wait for permission
5 Go down rabbit hole
6 Embrace chaos
7 Overwhelm your brain then rest
8 Talk about your ideas
9 Respect idleness
10 Be persistent
Crypto is a systemic shock that’ll make society more equal.
Rising inequality is an inevitable feature of capitalism. But like all systemic shocks through history, the rise of crypto’ll help reset wealth distribution.
Here’s why & what it means for your own wealth strategy 👇
8 Steps in Scanning and Trading PSE Index stocks
But first.
Know that you can make money in select index stocks, not all. Earning is not limited to piso stocks, it is based on upside. It can be 1.0 and stays there forever. Or it can be 1000 and 3000 after a month.
$XRP nice cup and handle breakout is now under threat .. $AXS' too .. must hold that line.. i am bullish, still am but way to cautious as this unprecedented level of greed will bring the whole crypto universe down to the drain.
Work or production cost is NOT the essence of what makes an asset, a.k.a. store-of-value. At the end of day, you only need 3 conditions to qualify as a store of value (SoV):
1/ Limited supply
2/ Durability
3/ Social agreement
People angry about a jpeg 🖼 selling for $1 mn fail to see the big picture.
If you understand the nature of assets & long-term macro backdrop, it’s easy to see why NFTs will grow exponentially.
Here’s a simple framework to help wrap your head around this new asset class.
Keep in mind we still haven’t priced in other digital-asset features (programmability, low maintenance, security, etc) that makes NFT a superior asset class to physical diamond.
Had a job offer at a blockchain startup 3 years ago, would’ve been their 10th employee. CEO called me & begged me to take the job, even doubled the stock offer. They’re going public soon at a 4B valuation and I missed a birthday party tonight so I could update a cash flow model.
I always trade with a relatively tight stop. If I'm wrong it's no big deal; I'm out at a small loss. The key is not to get stopped out repeatedly on size. That's where progressive exposure comes in. Only get aggressive when trades are working and reward is covering your risk.
🔥Philippine College of Physicians COVID-19 Treatment Guidance (March 2021)
▶️Classify clinical severity and anticipate your next action
▶️As these guidelines are rapidly evolving, let's continue to help each other out! @pcp1953#Medtwitter#MedtwitterPH#Covid19PH#IDtwitter
Losses work geometrically against you. Consider this math: Your friend buys a stock at $100 per share. The stock drops 50% and then you buy it. The stock then drops from $50 to $10. Your friend is down 90% and you are only better by 10% down 80%... AND YOU BOUGHT IT 50% LOWER!