Riley Brook

Today is the youngest you'll ever be. How will you spend your one, incredible life?

[Riley Brook @rileybrook_]

@Muninn Great analysis James. Curious about his timing on Day 5. Was he selling the partial at open, close, or intraday most of the time? Thank you!

[Riley Brook @rileybrook_]

@NickSchmidt I use https://t.co/kbdVn62nWI for this. Enter the trade manually through the TradersPost UI or through a Traderspost webhook. Will replicate the trade across all integrated IBKR accounts. Enter orders using "% of balance" to accommodate accounts with different balances.

[Riley Brook @rileybrook_]

@OliverKell_ Likewise. 10w EMA crossdown 20w EMA is indicator you showed me. Future unknown, but still in longterm downtrend until broken. Will be trading small list of RS longs set up for breakouts & RW shorts set up for breakdowns.

[Riley Brook @rileybrook_]

@ZaStocks Possibly, but this is the same administration who said Tuesday there would be no tariff pauses, then paused tariffs the next day. Can you trust their word? What is the max pain trade now @ConnorJBates_ ? https://t.co/VPqMCyI4Pc

[Connor Bates @ConnorJBates_]

Price always takes priority in my process, but these secondary indicators are all aligning to suggest a short-term bounce.

It’s still a highly volatile market, but at this point, I believe the pain trade is to the upside.

The rest of the week should be interesting, as these tools are signaling the potential for a multi-day snapback rally. Monday’s lows are a critical line in the sand—if those levels are convincingly broken, the probabilities for a bounce decrease significantly. However, keep an eye out for an undercut and reclaim scenario.

Hope this helps! These are just some of the breadth tools I track as part of my process to gauge where we might be in the market cycle.

[Kevin Dahlstrom @Camp4]

The 10 Year Plan
(This may be the inspiration you've been looking for.)

My daughter recently texted me a video I recorded 11 years ago. Her compliment means a lot…

When I shot that old video I lived in Fort Worth, far from the rocks. I worked a 9-to-5 and commuted to an office each day. My athletic goal was to climb a world-famous route in Nevada called Levitation 29. It was a big objective.

I did most of my training on a Treadwall (a vertical treadmill), logging countless hours and a quarter million vertical feet in a man cave I’d built for that sole purpose. Each year I’d make a dozen weekend “smash-and-grab” trips to NV, CO, or CA to get my fix on real rock.

It was a good life and I have fond memories… but I yearned for more. Much more.

Fast forward to today and I’m living proof of…

What a difference a decade can make.

Now I don’t need a man cave—I live in my happy place 5 minutes from the rock, commute to my home office, and work on my terms.

I did climb Levitation 29… several times. In fact, what was once a big objective would now be a warmup, despite being 53 instead of 42.

Most importantly, my kids saw my wife & I walk away from a good life in pursuit of a great life.

Here’s my point:

Everyone has a dream—a vision of their best life. But dreams without action are delusion.

You can have any life you want but only if you’re deliberate about it. It requires discipline and patience. Anything of real value takes years and decades to build—I didn’t make my big move until I was 47!

Over the years I’ve met with dozens of younger people who were seeking advice on how to build their own great life. What I’ve found consistently is that…

—Most people haven’t clearly defined exactly what they want out of life. If it’s not written down it’s not tangible enough to act on.

—Most people have big gaps between what they SAY they want and what they actually DO. And often they do things that move them further from, not closer to, the life they want.

—Most people are unwilling to make the leap. We’re great at coming up with reasons to maintain the status quo but it’s usually fear in disguise. You’ll never have a great life if you don’t make a few bold, calculated moves.

My advice:

1) Define your dream (and write it down in detail)

2) Align your actions with your goals (easier said than done)

3) Be bold! (nobody on their death bed ever said, “I should have played it safer.”)

[Aaron @IAmAaronWill]

One of my favourite all time quotes.

“Man cannot remake himself without suffering, for he is both the marble and the sculptor”.

[Drew Maddux @DrewMaddux]

Harvard's 85-year-long study of human happiness determined that the secret of our wellbeing can be nicely summed up in five words:

The quality of our relationships.

Life is about relationships.

Show me your friends and I’ll show you your future.

Be highly selective about who you keep around you.

[Riley Brook @rileybrook_]

@RealDayTrading High-level practices/habits/principles for maintaining triple-figure (%) annual returns year-in, year-out, over the long-haul.

[Riley Brook @rileybrook_]

@TheOneLanceB What does your ideal weekday look like when doing a full day of trading? I know those are rare for you these days, but just curious for a reference, as I build an ideal trading day schedule for myself. Appreciate all you do!

[Phillip LeMaster @plemasterr]

Credit @JamesClear

[Riley Brook @rileybrook_]

@waitbutwhy It doesn't matter.

[Mustafa Khundmiri @mkhundmiri]

Overthinking has killed more startup dreams than failure ever will.

[Riley Brook @rileybrook_]

It’s easy to look smart saying why things aren’t going to work. It's easy to be a "well, actually..." person.

But those people are not our people.

[Julie Zhuo @joulee]

The mistakes you're most worried about are unlikely to be the ones you make. You'll err on the opposite end instead.

For example, if you're incredibly worried about offending people, you'll rarely do that, but you'll probably avoid giving critical, honest feedback.

(6/7)

[Lawrence King @lawrencekingyo]

When my Dad calls me

I drop everything

Because I know one day I would drop anything to talk to him one more time

[Katelyn Gleason @katgleason]

remember when you wanted what you have now

[Value Investor Journal ® @VJ_Rabindranath]

Tim Ferriss: Are there any quotes you live by or think often?

@naval - These aren’t quotes but maxims that I have carved for myself.

[Julia Grace @jewelia]

One of the largest sources of confusion & frustration:

1) a decision needs to be made
2) it's unclear who has the *authority* to make the decision
3) it's unclear who will be *held accountable* for the decision

Chaos ensues.

[Morgan Housel @morganhousel]

- Live below your means.

- Invest, diversified, with a 10+ year horizon.

- Expect and accept volatility.

That's 90% of finance.

90%.