Enjoy trading & learning…Still learning.
“You are born free, free to choose, freedom from arbitrary detention, freedom of bodily integrity…don’t give it away”
Remember this from @Qullamaggie:
"All the successful traders use the same (approach). Minervini is also like Dan Zanger, Stockbee, and how I trade. It's the same principle because they work.
You find a strong stock that makes a big move, and then it goes sideways for awhile and gets really, really tight, okay? And then it has the next leg higher. It's the same setup. This is a timeless setup. It's not gonna go away. That's how stocks are going to move for the next 100 years. This is how stocks have moved for the past 100 years. You can go back and look at stock charts from the '20s, '30s, '40s, '50s, '60s, '70s, '80s, '90s, '00s. It's the same exact patterns over and over and over again.
Absolutely no rocket science involved. All you have to do is use some common sense. Just look at thousands, thousands of different stocks, preferably from different decades. You need to build a chart pattern database in your head. And, preferably, in some kind of real database too, like in Evernote — a folder of screenshots that you can scroll through now and then. Memorize those patterns. It's all about pattern recognition."
Source: https://t.co/ampUUvOzoJ (at 1:07:40)
WHY TRUMP WON
While the legacy media has a meltdown searching for hitherto undiagnosed psychoses in the electorate to explain its embrace of a Hitlerian strongman, the truth is much simpler than their fictions.
This election is a reminder that after all the manufactured drama and overheated rhetoric, politics is still about issues. Whether you agreed with him or not, Trump ran a substantive campaign based on issues like the border, inflation, crime, and war.
Harris ran on vibes, celebrity endorsements, name-calling (“convicted felon”, “fascist”), debunked hoaxes (“very fine people”), and platitudes (“democracy”). She would neither defend the Biden-Harris record nor say what she would do differently. When she did talk about specific issues, they were often stolen from Trump (child tax credit; no tax on tips; border funding).
On the one issue where Democrats had an advantage, abortion, Trump deftly got ahead of the issue by rejecting a national ban and removing problematic language from the GOP platform. Harris wore out the issue by blatantly lying about Trump’s position and by exhibiting her own party’s extremism (nobody needed to see an abortion truck at the DNC).
While Trump expanded his coalition with MAHA (health) and DOGE (government efficiency), Harris concluded her ersatz campaign by going all in on demonizing her opponent, pretending Madison Square Garden was a Nazi convention.
The fact that voters saw through it should be reassuring, even if you don’t agree with the result. Voters want to know how a candidate will give them a better life and, increasingly, they have learned to tune out the rest as noise.
While the legacy media creates excuses and impugns the motives of voters to explain why Trump won, the reason is simple: Trump is the candidate who spoke to voters’ concerns directly.
It’s the issues, stupid.