Spain treated every single person with dignity and respect on this tragic situation.
We defend human rights.
We are not US. Of course we are not genocides as Netanyahu.
We are spanish and we are proud of who we are.
My Top Favorite Trading Movies of All-Time Rankings: 🎥 🍿
1. The Big Short
2. Margin Call
3. Wall Street
4. Dumb Money
5. Rogue Trader
6. Trading Places
7. The Wizard of Lies
8. Boiler Room
9. The Wolf of Wall Street (Comedy)
10. Too Big to Fail
What's your #1 favorite?
HOW TO INCREASE YOUR AURA:
1. Don’t talk about your plans, show results.
2. Smile with your mouth closed.
3. Nod, instead of saying yes.
4. Don’t talk that much about yourself.
5. Don’t always be available.
6. Have a firm handshake.
7. Speak calmly and deliberately.
8. Dress in a clean, confident style.
9. Be comfortable with silence.
I talked to 10+ full-time traders making $200k+ per year
asked them all the same question: "what's the biggest lie in trading?"
31 of them gave the same answer
it's the opposite of what every guru teaches
here's what they said:
THE QUESTION:
"what's one thing every beginner believes that's completely wrong?"
THE ANSWER (from 31 of 34):
"that you need to predict where price is going"
I thought they were fucking with me
"isn't that literally what trading is?"
TRADER 1 ($340k/year):
"I have no idea where price is going. ever. I react to what happens. prediction is for weather men and psychics."
TRADER 2 ($780k/year):
"my entire system is built on NOT knowing. I enter. if it works, I stay. if it doesn't, I leave. there's no prediction involved."
TRADER 3 ($210k/year):
"prediction is ego. reaction is money. I stopped trying to be right about direction 6 years ago. that's when I became profitable."
I pushed back:
"but you're entering trades. you must think price will go somewhere."
TRADER 4 ($420k/year):
"I think price MIGHT go somewhere. big difference. my edge isn't prediction accuracy. my edge is what I do when I'm wrong."
"explain that"
"when retail traders are wrong, they hope. when I'm wrong, I'm out instantly. when retail traders are right, they take profit. when I'm right, I add size."
"same entries as everyone else. opposite management."
THE FRAMEWORK:
these traders operate on what they called REACTIVE TRADING:
PREDICTIVE TRADING (what you do):
- analyze → predict → enter → hope → exit
REACTIVE TRADING (what they do):
- enter → observe → react → adjust → extract
"we're not fortune tellers. we're response specialists."
TRADER 5 ($290k/year):
"I enter trades expecting to be wrong. sounds insane but it removes all the pressure. if I expect to lose, I cut fast. if I happen to win, it's a bonus I maximize."
TRADER 6 ($510k/year):
"prediction creates attachment. I predicted UP so I NEED it to go up. now I'm holding a loser hoping. reaction creates detachment. I don't care which way. I just respond."
THE STATS:
asked them to estimate how often their "predictions" are right:
- average answer: 48-52%
- basically a coin flip
"so you're profitable with coin flip accuracy?"
"bro some of the best traders I know are right 42% of the time. it literally doesn't matter."
THE REFRAME:
TRADER 7 ($630k/year):
"stop asking 'where is price going.' start asking 'what will I do if price does X.'"
"the first question has no answer. the second question is entirely in your control."
"I have plans for every scenario. price up? plan. price down? plan. price sideways? plan. I don't need to predict because I've already decided my response."
HOW TO SWITCH:
step 1: delete the word "predict" from your vocabulary
step 2: before every trade, write: "if wrong, I will ___"
step 3: before every trade, write: "if right, I will ___"
step 4: execute those plans regardless of what you "think"
"thinking is for analysts. doing is for traders."
THE TRUTH:
the gurus sell prediction
"learn to read the market"
"spot reversals before they happen"
"know where price is going"
because prediction sounds VALUABLE
reaction sounds BORING
but boring makes money
every profitable trader I interviewed:
- doesn't try to predict
- expects to be wrong often
- has bulletproof reactions ready
- doesn't give a fuck about accuracy
every struggling trader:
- obsesses over prediction
- needs to be right
- has no plan for being wrong
- tracks win rate like it matters
stop predicting
start reacting
Dm me "EDGE" if you want access to my private community where I break down reactive trading systems.
The S&P 500 has returned an average of 12% per year since 1980 despite an average intra-year drawdown of -14%.
There's no upside without downside, no reward without risk.
Video: https://t.co/LsAWVOA05y
Mark Minervini struggled 6 years before turning consistent.
Nicolas Darvas spent years of mistakes before his Box Theory clicked.
Richard Dennis took 4 years to turn $1,600 into $1M.
Dan Zanger started seriously in his 40s & made $40M.
Struggle years aren’t wasted. They’re training years.
Don’t quit. Your breakthrough might just be one more year, one more trade, or one more lesson away.
#Trading
There’s a reason we say, “Don’t fight the Fed and don’t fight the trend.” Right now, both are bullish.
The market has shrugged off its typical July–October seasonal and cyclical tendencies, showing impressive resilience. The catalyst and fuel behind this strength are the early-cycle rate cuts occurring in a non-recessionary environment — a rare and powerful combination.
https://t.co/JXzFFTmMtn
Just For One Month Try This:
1. Only one strategy.
2. Take only carefully calculated risks.
3. Journal all trades fully.
4. Focus on 1 or 2 quality trades per day.
Trust me, Your whole trading will change.
“I’m also a firm believer in predicting price direction, but not magnitude. I don’t set price targets. I get out when the market action tells me it’s time to get out, rather than based on any consideration of how far the price has gone. You have to be willing to take what the market gives you.”
“I really value the fact that I’ve learned to trade as a craft. Like any craft, such as piano playing, perfection may be elusive – I’ll never play a piece perfectly, and I’ll never buy the low and sell the high – but consistency is achievable if you practice day in and day out.”
“I truly feel that I could give away all my secrets and it wouldn’t make any difference. Most people can’t control their emotions or follow a system. Also, most traders wouldn’t follow my system, even if I gave them step-by-step instructions, because my approach wouldn’t feel right to them.”
“Understand that learning the market can take years. Immerse yourself in the world of trading and give up everything else. Get as close to other successful traders as you can. Consider working for one for free.”
-Linda Raschke
Non-Negotiable Rules for Men:
1. Never go back to a woman who cheated
2. Dress well no matter what the occasion
3. Never go broke trying to impress others.
4. Never eat the last piece of something you didn't buy.
5. Listen, observe, and most of all, make eye contact.
6. Protect who is behind you, and respect who is beside you.
7. Don't beg for a relationship.
8. Work out at least 4x a week.
9. If you're not invited, don't ask to go.
10. Never shake a hand sitting down.
11. Always have the ambition to be better.
12. Find multiple ways to make money.
HOW TO EARN RESPECT:
1. Do not call anyone more than twice.
2. Do not be more friendly with anyone than necessary.
3. Do not give knowledge without being asked.
4. Talk less, be secretive.
5. Do not let anyone know your next move.
6. Search for different streams to earn money and make money.
7. If someone has improved your life by adding value, do not forget to thank them.
When I look at a price chart what do I see?
I have a good mental rule on selecting weekly/daily price patterns to trade.
My questions are always this (not always in this order):
1. Would Schabacker agree?
2. Is the risk well-defined?
3. Would I trade a very similar pattern in a different market at a different time if I was in a different mood?
4. A year from now, when looking at the completed chart, will this being a trade I feel good about (not related to if it worked)?
5. Is the market liquid -- i.e., can I get out with a loss without being gorged?
6. Any BIG reports or events that could cause excessive loss?
7. Does the trade take me above initial and real risks in highly correlated themes?
8. What kind of order do I use?
9. At what FCM do I place this trade?
10. What's my entry point?
11. What's my likely protective stop level?
12. Is it a 50% or a 100%?
13. Besides the daily chart, what other related viewpoints can I find? If I answer yes to all questions, then why wouldn't I put on the trade
I go through this list with traders who are on another social media stream. I do not go through this list for X posts.
Use this list if you want. Add to it. Subtract from it.
Peter Brandt
CIO
Factor Research and Trading
🚫 These 5 habits quietly hold traders back. Shift your mindset, and everything else follows.
Master your thinking—your strategy will catch up.
Follow @TraderSync for smarter trading growth. 👇
#NTUpartner