E.A Rochard

@Shahryar_trades Nothing but admiration and celebration. Keep illuminating and articulating.

Imagine the level of skill and confidence it takes to publicly call yourself the best trader in the world—over and over again—and then back it up by trading live. Every entry. Every stop loss. Every take profit. In public. Not once or twice, but day after day. I love the fact that my confidence and believing in myself bothers some traders. Instead of getting upset, throwing sneak disses, or hating from the sidelines, just do better.so you can prove that I am wrong. Prove me wrong. The problem isn't my ego anymore. The problem is that you can't accept watching me outperform you and a team of traders while confidently calling my shots, even joking about taking your stop loss.you see how big my balls are?if I lose I take the L like a man As a doctor, I'm educated enough to recognize the man-child archetype by the way some people behave. CT is a paradise for manchilds because it's incredibly easy to hide behind fake setups, rented cars, manufactured personas, and imaginary lifestyles. It's never too late to grow. Have some respect for your own soul and raise the standard of how you think. That said, I have nothing but respect for the honest traders I've met throughout the years. You'd be surprised how rare they are. To every genuine trader who's helping make this industry better, thank you. I appreciate you, and I'll always show you my gratitude, whether I'm winning or losing because it's not about me at that point. Trading isn't a team sport, but turning this industry into something better than a playground for scammers requires honest people standing together. Only a diamond can sharpen another diamond. Scammers protect each other so well that, they are used to gate keeping and ignoring ,if you're inexperienced, you'll think they're legitimate traders ,until you lose six figures to them or pay close enough attention to realize they are always winning by not even sharing the trades and their results.when I say I pay at least one tenths of my profits to fees they laugh because they doesn't trade enough to understand how important the fees are. I don't need to name names. There will always be another scammer. Your responsibility is to learn how to separate the real traders from the fake ones. And it proves the same point I've been making for years: there are no fixed rules in trading, and there is no god in trading to pray to. There is only you, your decisions, and what you're capable of building. So ask yourself: How badly do you want it? Do you want it badly enough to become the best trader you could possibly be? The funniest part is that the people least capable of performing in live markets usually have the most to say about trading. They mock other people's trades,and speak with absolute certainty while performing at a second-rate level.(Unless they know who and how to copy) The secret behind 50R weeks isn't knowing dozens of trading systems. It isn't having a mythical "cheat code" strategy. And it isn't reading hundreds of trading books. Those things can help, but they aren't what separates great traders from everyone else. The difference is experience. It's every failure. Every mistake. Every lesson. Every hour spent refining one approach until it becomes your own. Eventually, when you're mentally strong enough and experienced enough, you stop borrowing systems. You build one. My Monday > their week

Livermore for the bangers - "The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday... It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!"

Why most people can’t outperform the market. The majority group together and then it becomes the blind leading the blind. And only a very very small percentage can override their limbic system as they take action at the right time. And even for them variance can kill.

@wassielawyer Solid write-up ser, I would say there is a large chunk of the SG narrative and experience of 30-40YO's childhood and having 2 FTE parents, which is the same for SE-Asian immigrants into AU, EU and US. With very similar housing market inflation.

Young people in Singapore are broken because social, cultural and economic factors decades in the making broke them. The Singapore TFR crisis is easily explainable by biology. Females of a species reproduce when resources are available to support population growth. They reproduce less under stress when resources are scarce. The current crop of 25-35 year olds have been psyoped into a permanent scarcity complex, notwithstanding the country’s apparent relative wealth vis other countries. To understand how this happened, we have to study the generations above us, and the prevailing social and economic narrative of the time. In the 90s, Singapore experienced an economic boom. Our parents - the 30 year olds of the time, were sold the narrative that opportunities were aplenty and to elevate your family, you simply needed to have kids and educate them to seize the opportunities. In typical Nanyang / Confucianist fashion, children became the tool of an Asian family’s ascension. My vintage (I’m 32) was certainly brought up that way. Children of white collar workers were min maxed to ascend towards becoming lawyers, doctors, bankers etc. Children of blue collar workers were min maxed to ascend towards white collar workers. Your life isn’t your own - you are simply a conduit for ascension. So rmb you have piano at 4pm, math tuition at 7pm and tennis tomorrow at noon to try for DSA to RI. And thanks to the beauty of the great bell curve grading, it’s not about how well you do. It’s how well you do relative to your peers. Tis unironically insufficient that you succeed, others must fail. In short, it was PvP in an environment where it appeared that there were still significant spoils to the winners. And indeed, the generation before us suffered too at the hands of those before. But as their opportunities for ascension got squeezed, the second pillar of our trauma was introduced. Working mothers. Sure it became harder for one breadwinner to elevate his bloodline but with two breadwinners, they could together achieve an imitation of the Merdeka Dream. The cost? Only the children’s upbringing. Child rearing became commoditised. Mummy was replaced by some combination of Yati, Ahma and an alleged ex-SAP school teacher that guarantees straight As even to the most retarded child. "Sorry - it’s the only way we could achieve the 5Cs. But we do all this so you can live a better life, as long as you study hard." But when it became the children’s turn - our turn, what levers are there left to pull? There are none for all the levers have been pulled to generate our up only economy and real estate, which had the side effect of pulling the ladder up behind the previous generations. To the victors, the spoils were promised but even after the grueling PvP, there were barely any spoils left for the winners. The PvP was all for naught. And so Singaporeans live a relatively good life by global standards - tis true. But not the life they were promised. And so they have difficulty imagining a route to a better life for their children. The people in power fundamentally misunderstand this, as they live in their 8000 square foot GCBs built atop 15,000 square feet of land. You do not need that much space to have sex and raise kids in absolute terms - tis true. But biologically you cannot convince the 30 year old dual income couple paying 50% of their income towards a mortgage for a 700 square foot two bedder that they are 'doing well' and should have more children. Our parents could live in a HDB (1400 sq ft btw they stopped making those), point at a GCB and in good conscience tell themselves and their kids that if their kids follow the golden path, they could live there one day. Today - they cannot. And so because zeitgeist of young Singapore has shifted from optimism to pessimism, the average young woman refuses to reproduce. Social media is a contributor sure - but tis simply biology at work, reproduction happens when the female feels like there is abundance. The anecdotal observation I have made that supports this? Every woman I know in their 20s and 30s that married into money has children and want at least 2. 3 if they live in landed. They have no retarded girl-boss ambitions (even though they might have the capability to) and put the upbringing of their children first. It also explains why female hypergamy in Singapore is in full swing. Marrying a wagecuck, even a high-earning wagecuck, simply allows you to live a glamorous DINK life. If you want to be a mother - which your biology urges you towards - you simply must marry into money. And the only way for a man to have real money is to be born into it, or gamble and win. This has significant knock-on effects for the men which I could rant about another time, but it largely stems from the dual issues of feeling perpetually financially inadequate and the first order distaste of the blatant hypergamy at play. Thanks for coming to my Ted Talk, back to my vacation with my wife and very expensive kids.