Qin Liu

[True market Leader @TmarketL]

Jesse Livermore

[Qin Liu @wandererql]

RT @markminervini: The S&P 500 gained 10.7% through the first five months of 2028, putting it on pace for a 15%+ gain for a fourth year in…

[EliteOptionsTrader @EliteOptions2]

Can you return 25% per year?

Good.

You're an elite trader.

Never let social media fool you.

[Market Rebellion @RebellioMarket]

Jim Simons once said:

“If you’re going to trade with models, you follow the models completely. No emotions. No second-guessing. No ego.”

That single lesson from his MIT talk completely changed how I approach trading.

Bookmark it.
Re watch it.
Study it.

[Mark Minervini Quotes @MinerviniQuote]

"When you lose money on a stock trade, you will need a greater percentage gain to get back to even because losses work against you geometrically."

[MARKET INSIGHTS! @IManghaila]

“The Best Traders Don’t Chase Money — They Chase Mastery”

[Tom @t0mbfx]

I don’t care about achieving a $50k month where I broke my rules

I’d rather have a $5k month where I followed them

Until you reach this level of thinking, it’ll be hard for you to be profitable

[Venu @Venu_7_]

William O’Neil’s timeless advice:

your edge comes from narrowing the watchlist, not chasing every stock on the screen.

[Market Rebellion @RebellioMarket]

Just remember…

Every profitable trader you see today was once overtrading, revenge trading, and losing accounts like crazy.

They just stayed in the game long enough to figure it out.

[True market Leader @TmarketL]

When you trade small positions, you will probably make less money in the short-term, but have a better chance of surviving in the long-term.

And without surviving in the long-term, all short-term gains count for nothing.

[Steven Goldstein @AlphaMind101]

Whenever I came to my trading with an attitude that I didn’t know where markets were going, I did well in markets. 😁

Whenever I came to my trading with an attitude that I thought I knew where markets were going, I struggled. 😡

A ‘Not knowing’ attitude forces you to step back, evaluate, be curious, be objective, be open-minded, be open to news ideas and perspectives🧐🤔🤨. - ‘Thinking you know’, that does the opposite. 😬

[Market Rebellion @RebellioMarket]

10 William O’Neil Key Principles:

[Trader Theory @tradertheory]

Repeat after me:

I am not defined by a single trade.

I focus on long term profitability and consistency.

I learn from my mistakes and celebrate my wins.

I am on the path to becoming a successful trader.

[Market Rebellion @RebellioMarket]

When To Sell A Winner:

[Сarm1ne @carm1nee]

Paul Tudor Jones predicted the 1987 crash, made $100 million, then spent years trying to destroy this footage

you will watch him lose $6 million in one afternoon, sit in his chair and say "total devastation" then make it all back with 100% interest

This documentary will change how you think about risk forever

Bookmark & watch it. Then read the post below - $90 billion from being right just 54% of the time↓

[Bracco ⚡️ @Braczyy]

Read the Market Wizards chapter on Kristjan Kullamägi this weekend. The one section that really stood out was when he discussed his drawdown off of his 2021 peak.

"I started 2020 with $3.5 million and ended the year at $36 million. It was a thousand percent year. Then I ran that $36 million to a high of $105 million, and the last portion of that move from $65 to $105 million occurred in just a month and a half. For a brief period, just a few days, I was over $100 million. You have to understand what that did to my psyche. It made me feel completely detached from reality. I thought, “I’m going to get to $200 million in six months.” I was completely sure of that. I started seeing trading as a video game, which I kept winning.
Measured from my $105 million peak in November 2021 to my mid-2022 low, I lost approximately $60 million. About half of that loss represented the late 2021 retracement of the large open profits at the November peak to the stops on those positions. The initial retracement loss was so large because I was leveraged long at my peak. My long exposure was $150 million—a number I recall because I remember bragging about it to a friend"

These boom and bust type tales are as old as time. Look at Jessie Livermore as the classic example. Net worth of $0 in 1906 to a peak of $1.6 billion (inflation adjusted to 2021 dollars) in 1929. Just 5 years later he blew up and owed $104 million dollars to his brokers...

Or look at Paul Tudor Jones. Hit one of the most legendary trades in history, making roughly $200 million dollars during the 1987 crash. It cemented him as a legend. His mental coach Tony Robbins said that Jones consistently lost money for the next 4 years after that peak.

Dan Zanger parlayed $10,000 into $42 million during the late 90's. Then in late 2000 he took a 70% drawdown when he was 200% long 3-4 fiber optic stocks as the dot-com bubble was popping.

Charles Harris reached 8-figures status after he ran up his account over 4,000% from 2020-21, then experienced a -80% drawdown, mostly due to his big TSLA bet in 2021-2022.

I have seen a few people speculating on Kristjans story from the outside. Saying "I would have stopped trading at $100 million" or "I would have just taken that money and started investing". To those people I ask if you have ever experienced a real euphoric run in your trading account, let alone turning 5k into 100mil? Extreme winning streaks like the ones above breed overwhelming euphoria and overconfidence. The mind shifts its focus from process to outcomes, with ego-driven decisions overriding risk parameters and rules. From my experience I have found it near impossible to be aware of this at the peak of the run. It is almost like you are blacked out and the greed/ego completely takes over your trading.

Then the drawdown begins. The emotions shift from euphoria and greed to revenge, fear, and doubt. This is where things can really start to spiral out of control. It is only after the drawdown has run its course that you finally come back to your senses and your emotions drift back towards baseline levels. Then all you're left with is regret...

Few people ever talk about what a big winning streak can do to you. It can literally change the way you think and operate. Often the ability to achieve super returns is also its biggest drawback—a true double-edged sword. To be able to conquer both sides is the holy grail...

From the Hour Between Dog and Wolf by John Coates:
"When traders enjoy an extended winning streak they experience a high that is powerfully narcotic. This feeling, as overwhelming as passionate desire or wall-banging anger, is very difficult to control. Any trader knows the feeling, and we all fear its consequences. Under its influence we tend to feel invincible, and put on such stupid trades, in such large size, that we end up losing more money on them than we made on the winning streak in the first place. It has to be understood that traders on a roll are traders under the influence of a drug that has the power to transform them into different people."

[Aksel Kibar, CMT @TechCharts]

$NUKZ ascending triangle. Bullish.

[Mark Douglas Quotes || Trading Psychology @MarkDouglasBot]

If your edge puts the odds in your favor, then every loss puts you that much closer to a win. When you really believe this, your response to a losing trade will no longer take on a negative emotional quality.

[Mark Minervini Quotes @MinerviniQuote]

"During a market decline the news is always filled with market gurus predicting the end of the world. Shut off the TV, close out the media and start looking for the next wave of market leadership, which is certain to emerge eventually."

[Mark Ritchie II @MarkRitchie_II]

I opened my journal today (something I’ve been trying to do more of) and here’s what I wrote on my last entry!

We often know what we need to do, the challenge is it doesn’t always feel good