ContraMundumDave

@KobeissiLetter More stalling and closer to midterms… Sounds like a win for Iran.

EXPECTED TERMS OF US-IRAN PEACE DEAL: 1. Extension of Iran War ceasefire for another 60 days 2. Strait of Hormuz reopened for the 60-day period 3. Iran would be able to freely sell oil during the period 4. US would lift blockade on Iranian ports and unfreeze some Iranian funds 5. US would issue some sanction waivers on Iranian oil 6. Draft MOU includes statement that war between Israel and Lebanon would end 7. Negotiations would then be held regarding Iran's nuclear program The draft MOU includes commitments from Iran to never pursue nuclear weapons, negotiate over a suspension of uranium enrichment, and removal of its highly enriched uranium, US officials told Axios. The situation remains fluid amid the high-stakes negotiations.

Maricopa County ballot envelopes contained illegal "cutout windows" in the envelopes containing actual ballots in order for Democrat operatives to allegedly identify Republican ballots to "toss/lose" their ballots during the Arizona 2022 election. They will make up a completely irrelevant reason and deny the actual purpose to cover up their fraud tactics. They will use anything and everything to their advantage to rig elections. Pay attention.

@Osint613 Tree? What tree?

Earlier, Marine Corps MV-22B Ospreys from VMM-263, deployed with the Iwo Jima Amphibious Ready Group, landed inside the U.S. Embassy compound in Caracas today. The aircraft carried Marines and military personnel for a joint DoD–State Department military response exercise in the Venezuelan capital.

@RodgmanPsych @mattvanswol Are there receipts for this?

@mattvanswol Hi Matthew, just thought I’d help you out on this. Donald Trump openly tells people that Donald Trump, Jr. is a loser and he doesn’t like him. Hope this helps!

Just in the last 24 hours: - Trump skips his own son's wedding - JD Vance + Hegseth race back to the White House - Chief of Staff posting videos of B-2 bombers ...something MASSIVE must be about to happen What is going on??!!!!!

@TheRealGAPeach3 @mattvanswol @Drea4371 Aaaand this is why you’re three weeks from not paying rent…

Honestly, I don’t give a damn. I’m sick of his mean tweets with no backup. I’m sick of him literally saying he doesn’t give a crap about the financial situation of Americans when it comes to a quagmire that he has created in the Iran war Three weeks from not paying rent. I don’t give a fuck about the Iranians. I don’t give a fuck about the Indian Indians. I don’t give a fuck about anybody else on the planet, regardless of their pathetic situation that their own people created. I give a fuck about me. I give a fuck about people like me. And nobody else gives a fuck about people like me. I voted three times for what? @timburchett 2028.

Let's get vulnerable: As traders, we all suffer from FOMO, myself included. I don't like admitting that because it admits a certain greed. If we didn't want it, we would have zero worries about missing out, right? That FOMO cost me $600 yesterday on ticker AFRM. If that weren't enough, it cost me another $500 the day before on QCOM. At least on QCOM I was able to make the money back, but that doesn't excuse the original loss. AFRM is putting in a gorgeous 3 month consolidation. As the saying goes; The bigger the floor, the higher they soar. Thursday's session had it pushing against resistance. Before the open, it was trading above resistance. Of course I immediately let my mind go into overdrive: "It's going to gap up and run!" Which is a totally valid concern. You see, it's not my original entry that was necessarily so bad, though that can be debated, but it was the way in which the stock clearly told me it wasn't time, and yet I kept believing the original narrative for fear of missing out. Once the stock retreated below the ceiling again, I should have stepped back and watched. Did it recover the ceiling? That's hard to say, as the ceiling on this 3 month consolidation has a bit of subjectivity to it. If it did, it barely did, for about 5 min. Next stop was the 9 day EMA. This happened right at the 30 min mark, post open. One could certainly be forgiven for taking a position here... The stock definitely bounced right off the 9ema and looked like it may very well be the day's bottom. That may have been a done deal, except the Nasdaq happened to turn south exactly when AFRM bounced north. The Nasdaq shed 125 points over the next 23 minutes. While AFRM put up a valiant fight, it eventually lost the 9 EMA. Next stop; the 21 day EMA. I admittedly didn't spend a second concerning myself with the macro environment after AFRM hit the 9 EMA. I was too busy getting positioned for the bounce of a lifetime. Had I slowed down and stopped to consider the bigger picture, I would have known the risk of failure was far higher than I realized. That would have caused me to take some of my chips off the table. By the time the Nasdaq bounced, and vigorously so, at 10:24, the patient was dead. AFRM was completely unresponsive to the macro bounce... Buyers had left a vacuum and I was holding the bag, now $600 lighter than it was just an hour before. Lessons learned: While there's nothing wrong with getting in in the opening minutes, it's a lot more risk prone and probably shouldn't be done with options contracts because of the IV crush. I knew this, but was willing to take the risk since it looked like the stock was going to gap and run. Slow down, and only use defendable entries, even in the heat of battle. Part of having a defendable entry is having a macro environment that's aligned with your trade! Take the time to look at the market, especially in the first hour of trading! The Nasdaq rallied in the first 9 minutes of trading while AFRM rallied for the first 2 minutes. This should have been a major red flag. Clearly few other traders spotted the opportunity I -thought- I had before me. Do NOT over trade in general, but especially with options. Looking back I actually did an admirable job of keeping my losses small, but even so, they were considerable. And finally, I totally failed to look for sector strength here. I just assumed AFRM was a tech stock with AI pedigree while all things AI are seemingly hot. It's not; AFRM is a FinTech stock, which is pretty cold right now, especially if you look at HOOD and SOFI charts. This helps explain where all the other traders were at. All in all, multiple lessons here. Macro, macro, macro. What is the market doing? What is the sector doing? How is the stock behaving -right now- relative to the market? Am I over trading? Should I be using options? Should I zoom out a little and see the greater trend? Am I suffering from cognitive bias? Is this FOMO trading or maybe even revenge trading? Can I defend my entries when I cost average down? I was caught up in the moment manipulating the controls right in front of me on a ship that was no longer perpendicular to the waves, and I paid for it. This is why sizing relative to your experience matters. Easy does it when you have a lot to learn yet. I know I do...

@SujetinSusi @cyntrump @nicksortor You are retarded

@cyntrump @nicksortor The eyebrows, ears, head shape, eye sockets, and no teeth. All different. Did Fox news knew they were interviewing a... hologram?

Many have asked me what the hell is going on with this US Navy Admiral who appears to be wearing a skin mask on Fox I reviewed the raw broadcast (aired Tuesday) to confirm it’s not edited or AI-generated, and it’s… strange. I can’t explain it Full, unedited segment in replies

@mattvanswol @RepShriThanedar I don’t think he’s human, Matt. Honestly

@RepShriThanedar Her husband has BONE CANCER you worthless piece of shit.

Tulsi Gabbard is resigning. Good riddance. The Iran war has been the biggest display of intelligence incompetence in decades.

@ohiain Please stop being so optimistic before you talk us right into a market meltdown! I beg you!

The market rewards patience…but when the environment shifts and your edge aligns, you HAVE to know when to press aggressively. Jan: incredible start Feb: strong month Mar: small pullback in the EC (-4.44%) Apr: patience in March paid me back 10x May: loading... ?? I genuinely feel like I’m just now starting to fully understand where my edge is strongest. The next 2+ months are going to be extremely important for me. The market environment, leadership, themes, rotations, momentum… everything is lining up in a way I honestly have never seen before in my +5 years trading. so, yeah… Commence the summer melt-up.

@ohiain Been looking off and on all day for something like this... Thanks yet again. How many charts do you scan per day would you say?

When I talk about price looking like a “coiled spring,” I’m referring to setups exactly like $AFRM right now: Multi-week compression, volatility tightening, repeated higher lows, sellers continuously getting absorbed near the same pivot, and volume returning on the right side of the base… this is the type of action I obsess over. The tighter a strong stock compresses without breaking down, the more energy usually builds. Then once momentum finally returns, and price clears the key pivot, the move can happen FAST... ...because trapped shorts, sidelined buyers, and momentum traders all pile in simultaneously. Compression creates opportunity! $AFRM looks like it could explode at any moment if buyers continue defending this range. Chart: $AFRM.

@SRxTrades Shakeout from hell. That's what that was.

One thing I don't do enough that I'm working on is being able to re-enter a position after being stopped out... I bought $QCOM this morning as it was breaking out of the tight flag into the 8 ema It worked well off the open, and I even got a nice trim on it at first target... but It later stopped me out at breakeven. You have to stop being afraid of stop losses and rewire your brain to accept that small losses are apart of the game.. and you truly can always re-enter a position if it reclaims you entry level Once the stock reclaims your entry level, you can enter again and use the new days low as your stop loss. Sometimes my best trades are the ones I've tried multiple times to buy

BRO... You and I both. I lost $500 on that dump, then Iain comes along and says "Hmmm, I really like QCOM here..." Ughhh, dude.... Got back in, but smaller because the ole saying: Fool me once, shame on you, fool me twice... Glad I did. Despite being smaller on the way up, I made it back. Thanks @ohiain

I know a lot of traders won't touch anything under the 50 day, but HIMS is very interesting here. Whether you pull a floor from lows, or pull a horizontal floor, this is an undercut, ripe for a triple moving average reclaim. Not my favorite stock, but I'm trading this, small.

@LilaGraceRose Maybe try reading the 10 commandments, genius.

Amazing. Armenia is building a statue of Christ that will reportedly be the largest in the world, standing at 77 meters high on Mount Hatis. Every country should have this much reverence for our Lord.

I mostly liquidated my "long term" account today, just because I can't stand being invested in a market that is practically a mirror image of the .com bubble. I say that to tell you how much more I enjoy the form of trading you do on here. The long term account can go on the back burner, possibly till after the midterms. It just stressed me out and muddied the waters entirely too much. I missed most of your COST saga for being distracted with other investments and wish I had seen it earlier, not just because it was a great trade, but because it was in a part of the market where nobody was looking, right up my comfort zone. I may have missed it, but I went back and printed your posts about it starting May 6th, like a creepy stalker, and printed out a chart of COST to reference and learn from. Thanks to your journaling I didn't miss the lesson despite missing the payday. Tomorrow is a new day... I have no concern whether the market opens up or down, which feels great, and I can't wait to just focus on this more technical form of trading without 15 other positions asking for my attention as this top heavy market jolts forward. I'm especially keen to not have the mental baggage of it. Looking forward to it and thanks again for your detailed journaling! I will probably start posting more myself.

This might be the last time I say it...I’d genuinely encourage everyone reading this to start documenting your journey publicly somewhere for all to see. The good, the bad, & the ugly. Being on X over the last few years has completely changed my life in ways I never could’ve imagined. What originally started as a simple trading journal to document my lessons, mistakes, thoughts, and growth somehow evolved into a larger family over time. But at its core, it’s still just that: A journal. I think a lot of people never start posting because they don’t feel “qualified” enough yet. They think they are not experienced enough, not successful enough, or that nobody would care about what they have to say. A lot of people also assume everything has already been said before, so there is no point in sharing their perspective. I used to think the exact same way. But 1 thing I’ve realized is that you do not need permission, credentials, or some massive achievement to share your lived experiences. Your experiences themselves are what make your perspective valuable. There is someone out there right now struggling through the exact same things you have already faced... blowing up accounts, hesitating on entries, overtrading, inconsistency, fear, self-doubt, comparison, or simply feeling lost in the process. Your story and perspective could genuinely help that person feel "less alone." That’s the beautiful thing about documenting your journey publicly. You grow alongside other people. You attract like-minded individuals, connect with mentors/mentees/friends, clarify your own thinking, and hold yourself accountable in ways you never expected. Ironically, some of the posts that resonated the most with people for me were never the “perfect” posts. Usually, it was the transparent ones... the drawdowns, mistakes, emotional struggles, and lessons learned the hard way. Humans connect with honesty far more than perfection. Nobody has everything figured out, and the people pretending they do are usually the ones struggling the most behind the scenes. You do not need to wait until you “make it” to start sharing your story. You can start today. And years from now, you’ll probably look back grateful that you did. Godspeed, my friends! - iain 🩵

@elonmusk What happened to Marco??

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