David Hale

Getting asked if this is real 100% real! My tale, the insights learned, and an introduction to the world of glitch trading, are all included in my book, Cash Rules: Reminiscences of a Day Trader Found at all fine booksellers (actually just on Amazon) a.co/d/3IPHToR

@mrmrmoneyman @edu_trades @TheShortBear @sanglucci @TheOneLanceB Lucky part of being elite

@CREAMtrader @edu_trades @TheShortBear @sanglucci @TheOneLanceB Elite = lucky

Tough for me to look at this $CAR chart and think that the play was to try and short the top. But some genuinely elite traders pulled it off yesterday — @edu_trades, @TheShortBear, @sanglucci, @TheOneLanceB among them. Well played. Sincere congrats. BUT — serious warning to the vast majority of traders: Stay the hell away from trying to short the top of parabolic runners like this. These guys I mentioned are elite-level players with the experience, skills, and bankroll to navigate this dangerous trade. Extreme volatility, massive spreads, and razor thin liquidity = one misstep and you’re toast. I know for fact this exact setup has already wiped out huge chunks (or entire accounts) of many good traders in the last couple weeks — they weren't around to catch that envitable fade Only attempt this setup if you have serious experience, a massive account buffer, and it’s already one of your core strategies. Otherwise you’re a trainee pilot strapping into an F-18 cockpit and attempting a highly technical maneuver — you will crash and burn.

@TheOneLanceB @edu_trades @TheShortBear @sanglucci Big worry is that Gurus pushing this trade in chatrooms. Like handing loaded gun to child

@TheOneLanceB @edu_trades @TheShortBear @sanglucci Video be good. Not my game, but know many good traders have strategy built around this play. the most important thing to emphasize imo, is that this trade has to be in a structured strategy

@bridavigo @edu_trades @TheShortBear @sanglucci @TheOneLanceB Sorry to hear that. Unfortunately many more in your shoes. Such dangerous game, and why I don’t play it. one misstep and you cooked

@CREAMtrader @edu_trades @TheShortBear @sanglucci @TheOneLanceB And yes, I know it was stupid. Been on an insane run lately and got greedy. Mistepped and paid the price.

@edu_trades Congrats brother. Def got more nerves than me. Just looking at that spread made me want to shit myself! Know this is your play too, and def got skills to pull that off

@CREAMtrader I agree. In fact I lost 40% of what I made the day before when I was planning half of what I lost. Slippage was absurd. But it was useful for me so I could trade it better the day after. See you in Madrid 😂🫡

Got into trading chasing that Wolf of Wall Street vibe-killa trader energy. Only to find the whole biz had been hijacked by computer nerds and math quants So refreshing to know my kind of idol still exists — and absolutely thrives. Nothing like listening to @ScottPh77711570

@ScottPh77711570 Perfect for revenge trading chapter

@CREAMtrader you were looking for a Scott quote "The dildo of consequences rarely arrives lubed"

@colourvoidwhere @larpcapitalwc Appreciate it. That pure poetry

@CREAMtrader @larpcapitalwc All good, you can use it for whatever you want mate, no attribution necessary

@larpcapitalwc Imagine a book on how to run a bakery telling you "don't freak out and piss and shit yourself after a bad day and punch a hole in the wall, then bake everything you own into a single giant loaf of bread and hope to sell it in one go tomorrow" You'd go like "uh yeah, I guess?"

@fan_fintwit ATLiens superior

@ScottPh77711570 @SinclairEuan y, two legends. Know you modest bloke, but I put you in that category. I devour any interview and content of yours

@CREAMtrader @SinclairEuan He and James taught me to trade

I judge a trader not on their P&L, but on their level of devotion to @SinclairEuan

@peterkto Great stuff as always

writing about writing. thanks to all who support churningandburning dot com :)

@larpcapitalwc @SmallCapSmarts Quickly! Just listened to host try and figure out what a parlay was for over a minute

@CREAMtrader @SmallCapSmarts sigh might be time to sort this out tbh

An interesting intro to prediction markets and sports betting. A bit suspicious that people aren’t afraid to leak the edge there, so it probably isn’t that great or requires a lot of discretionary work/skill. podcasts.apple.com/us/podcast/cha…

@SmallCapSmarts @larpcapitalwc need your pod back, these guys are killin me

@SmallCapSmarts Nice listen. tho the host kills me, one question of his “as market market you consider yourself truthseeker or liquidity provider?”

@Peng33G If proven edge could get job at legit prop firm that provides capital (non-funding challenge type), or individuals out there willing to back traders if they can prove themselves

@CREAMtrader 1) how will real funding follow?

If you're a desperate, capital-hungry trader eyeing funding challenges — a few words of advice 1) Don't! Work on your craft. Grind, save, and open an account at a legitimate broker or prop firm. And if you develop a real edge — which you'll need to make money anyway — real funding opportunities follow. Legitimate ones. 2)If you're still set on a challenge — find a hard one. Not the easiest. Barely passing a low bar isn't a green light, it's a lottery ticket. You'll get the capital, blow up, and buy another challenge. The loop is real, expensive and will waste your time. A harder challenge means a real filter — and a more legitimate firm that's less likely to disappear before they pay you. Pass it, and there's a genuine chance you actually have an edge. Without a real edge, more capital doesn't fix anything. It just means a bigger hole to climb out of.

@darjohn25 Appreciate all the great free content you provided. Always done great service to trading community