TVK Minister Thiru Aadhav Arjuna has relived the famous Tamil comedy; "ஏணி சின்னத்துல ஒரு குத்து, தென்னமர சின்னத்துல ஒரு குத்து". For a moment, Thiru Aadhav Arjuna seemed to have forgotten which party he presently belongs to now. Party Hopper’s Paradox!
Even DMK cadres did not go this length to defend Thiru Udhayanidhi Stalin as Thiru Aadhav Arjuna did.
How does Sanathana Dharma become synonymous with the Hindu religion in North India, but conveniently get redefined as inequality the moment the discussion shifts to Tamil Nadu?
Very confusing bro!
Instead of expressing regret for the deeply irresponsible remarks made by the TVK MLA, Thiru Aadhav Arjuna has chosen to justify and normalise them.
Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement.
When two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation.
President Trump’s leadership is vital for global peace, stability, and prosperity. India fully supports his efforts for peace.
I look forward to working closely with him to take our partnership to unprecedented heights.
@POTUS@realDonaldTrump
எத்திக்கும் இருள் அகன்று, ஒளி பெருகித் தித்திக்கும் தீபாவளி திருநாளில் அனைவருக்கும் மனமார்ந்த வாழ்த்துக்களைத் தெரிவித்துக் கொள்கிறேன்.
இந்நன்னாளில் அனைவரின் வாழ்விலும் மகிழ்ச்சியும், செல்வமும் பெருகி நிறைந்திட எல்லாம் வல்ல இறைவன் அருள் புரியட்டும்.
அனைவரும் மகிழ்ச்சியாகவும், பாதுகாப்பாகவும் தீபாவளியைக் கொண்டாட வேண்டும் என கேட்டுக் கொள்கிறேன்!
To the most respected, honourable, and my dear Prime Minister @narendramodi Narendra Modi ji , heartfelt wishes on your birthday. Wishing you long life, good health, peace of mind, and everlasting strength to lead our beloved nation. Jai Hind. 🇮🇳
Detailed post alert 🔔
Chatted with James earlier, sharing a quick snippet from our conversation for anyone who might find it helpful.
Personally, I believe the so-called “shitcos” make the best runs. History backs that up.
Qullamaggie, the legend himself, built his wealth trading these exact kinds of names. For me, it has to be a high ADR% or ATR stock within the best theme. More often than not, these names actually make the biggest moves.
Mario’s Stamatoudis says this best,
“Uptrend doesn’t equal momentum. Momentum, for me, means kinetic energy expressed through different character, resilience, dense volume, and various combinations of the above”
Position sizing is the holy grail! Sizing appropriately can make or break the ability to catch big winners. I remember hearing Joe Fahmy and Mike Webster talk about times they used to size too aggressively, and instead of letting the trade work, they ended up taking a few dimes when it had the potential to be a massive trade.
Therefore, I keep my approach pretty simple. I usually start with a 10-15% position. If the stock makes a 25% move or more, I trim a third. Even on the highest conviction names, I might trim up to 20% size.
Trimming into strength helps me mentally. It de-risks the trade and gives me the breathing room to let the rest run, while also helping to add on dips.
From there, it’s about managing the position around key moving averages and being willing to add with nuance.
I’m comfortable adding higher, that’s a superpower when done right. But it has to be a low-risk entry with strong momentum. I’ve done this on names like HIMS, CRWV, OKLO, and even CRCL today.
It’s like rebuilding the full position as the move continues, yet has to be done right else ends up increasing the cost basis too much. And if it plays out big by the end of the day, I trim back down to my original starting size maybe to 80% or two-thirds of it depending on the quality of the name. That way, I lock in gains but still stay in the trade for a potential bigger move.
Rinse and repeat.
At the end of the day, I’ve built my edge around trading the names others call “shitcos.” My system tends to catch these names. I also put in the a ton of time researching, finding the best stocks in the strongest themes or sectors. That gives me the confidence that my name has the potential best momentum, most likely also has the best fundamentals.
This is just one trader’s edge: mine. Yours may be completely different. And that’s the beauty of the game.
There’s no one-size-fits-all strategy. Hope this helps someone.
To wrap it up, here are a few quotes from Qullamaggie that really stuck with me:
“I don’t care what the company does. I just need liquidity and volatility.”
“Some of the biggest moves come from the worst companies.”
“I’m not here to invest in businesses. I’m here to trade behavior.”
Delighted to meet my good friend and former Australian PM, Mr. Tony Abbott. He has always been a friend of India’s. We have all seen him enjoy millets during his current visit. @HonTonyAbbott