JRO

Stanley Druckenmiller: “Life goes in streaks. And like a hitter in baseball, sometimes a money manager is seeing the ball and sometimes they're not.” When investors are down, they tend to get aggressive to win it back. Druckenmiller: “One of my most important jobs as a money manager was to understand whether I was hot or cold...” “In my opinion, when you're cold, you should be trying for bunts.”

IRAN SEEKS LONG TRUCE, HORMUZ REOPENING IN REVISED PROPOSAL Leaks cited by Al Arabiya report that Iran is seeking a phased truce and gradual reopening of the Strait of Hormuz in a revised proposal. Tehran is also said to be open to a long-term freeze of its nuclear program instead of full dismantlement, while proposing that enriched uranium be transferred to Russia rather than the US.

@PradeepBonde Do you ever do any day trading Pradeep? And how often if ever do you look at intraday charts?

For me personally I don’t see any problem. For day trader it might need adapting. Just because market is up 24 hour does not mean there will be lot of participants during non office hours trading.

@PradeepBonde Hey Pradeep, what is your criteria for reversal setups?

Reversals, EP9 million and Stocks in play for short term trades. Besides that shorts.

@CFlanders7 I can attest to this. Finally accepted that I need to go get a job lol

Someone asked what happens if you pull back from peak equity and all stops hold going into a new month. You'd then put on 5% risk while your positions are under pressure? Zero chance. When my portfolio is under pressure, I'm putting on no new risk unless I see names recovering and new sets ups/bases ready to break out.

Projected “1 day slide” flows remain heavily skewed to sell if we get a downside catalyst. Large "synthetic negative gamma" from dealer index options, levered ETF rebalancing, and vol control sits underneath the surface. If that catalyst hits, sell flows can stack fast. via McElligott (Nomura)

Never seen this before. Huge drop in NAAIM with market at all time highs.

The real frenzy starts once the most hyped companies go public. Space: SpaceXai Defense: Anduril Al: OpenAl, Anthropic Robotics: Figure Al, Apptronik Fintech: Stripe, Revolut Crypto: Kraken, Ripple, Prediction Markets: Polymarket, Kalshi Chips: Groq, Cerebras Cloud: Databricks We haven't seen anything yet...

@tradeandfade My brother, I am in the same boat. Simply not seeing things well right now. I can feel myself starting to slip and know tilt is right around the corner if I don’t just step away. That voice keeps whispering “but look at this bull market!”. Which is keeping me coming back. 😵‍💫

So much review and introspection the last few weeks to really identify root cause issues in my trading. Been getting back into things slowly. Started primarily trading with a small pod of guys recently as a way to focus up and help hold me accountable and it’s already made all the difference. Will try to writing a more detailed breakdown of everything I’ve learned about myself, my trading, and everything in between. Just wanted to pop on to say hi and hope everyone’s been well! ♥️

$CRCL quarterly revenue climbed from $365M in Q1 2024 to a peak of $770M in Q4 2025, before easing to $694M in Q1 2026. Stablecoin adoption continues to reshape the digital payments landscape as competition in the sector intensifies. What’s your outlook for Circle’s growth trajectory?

Action we cannot ignore. Turns out Cybersecurity cannot be vibe coded.

CEREBRAS UPSIZES IPO TO $4.8B AFTER 20X DEMAND $CRBS filed to sell 30M shares at $150-$160 each, up from 28M shares at $115-$125. At the top of the new range, the AI chipmaker would raise roughly $4.8B, compared with $3.5B under the prior terms. Reuters says the IPO drew orders for more than 20x the shares available. The deal is set to price May 13. Cerebras makes AI inference chips and lists Amazon and OpenAI among customers. This is the strongest public-market demand signal yet for a pure-play AI chip IPO.

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I meant to post this 8 months ago but it applies now more than ever. The Lance B video is really all there is to the game of trading, nothing else matters. Find your edge, study past traders, create a chartbook of great set ups. Relentlessly dive into your trades, size up bigger on the A set ups, cut the C and lower set ups. Keep repeating. Simple, not easy. Loved his idea of coming up with a 1% improvement every day. For me it's something that I have done in the past but got distracted. Better pre-market preparation. Coming in with a super focused list of 0-3 names every day and not deviating from that. If I missed a name that goes without me that should have been on my list, ask myself why I missed it and correct the mistake. youtube.com/watch?v=qz7avJ…

@DeItaone SELL THE NEWS

IRAN'S IRNA SAYS ACCORDING TO THE PROPOSED PLAN, AT THIS STAGE, THE NEGOTIATIONS WILL FOCUS ON ENDING THE WAR

Will note that I’ve spoken to many of traders who genuinely believed they’re the only one getting stopped out at the lows, revenge trading, FOMO’ing at the highs, and breaking their own rules. They think they’re the only ones who feel like absolute shit when a trade goes against them. That gut-punch feeling when you’re in a position you never should’ve taken as it goes against you. That sinking feeling in the pit of your stomach Sunday night or Monday morning when you open your platform and see your names gapping down. Here’s the truth: We’re all human. These feelings aren’t unique to you. Every single one of us feels it. I’ve met traders who struggled and underperformed for 20+ years before they finally put it all together and broke through. I’ve also met a handful of absolute prodigies who speed-ran the learning curve, put in insane hours, and scaled to ridiculous levels incredibly fast. Those are rare. Then there are the ones who stay stuck for years, repeating the exact same mistakes, unable to change their behavior no matter how much pain it causes. And I’ve met very smart, competent professionals who sit in front of a trading screen with real money on the line and fall apart emotionally. Logic goes out the window. Thinking you’re going to master this game in just a few years is unrealistic. It looks so simple in hindsight: “Buy here, sell there, easy profit.” But once you’re in it, you realize there’s a lot more to it. It took me 9 years to get where I am — 7 of those were brutal. And that was after a decade playing professional poker and following markets since my early 20s. A lot of you relate to my posts because this style of trading is constant stop-outs and trades reversing on. That’s never going to change. But once you truly accept it as part of the game, the pain starts to disappear. If you expect to win, every loss hurts. When you accept randomness, the emotional sting fades. When you believe you need to predict the future, every loss feels like a personal failure. When you understand that anything can happen and wins/losses are randomly distributed, being wrong stops defining your worth. The pain in trading comes from the gap between what you expect and what actually happens. Close that gap by dropping the expectations, and you can trade in a much calmer, clearer state. Mark Douglas said it best in Trading in the Zone: Anything can happen. You don’t need to know what will happen next to make money. There is a random distribution between wins and losses for any set of variables. An edge is simply a higher probability of one thing happening over another. Every moment in the market is unique.

@F1 This scheduling gap this year sucks.

Incredible Fernando moves! 😮‍💨 Alonso's class keeps shining throughout his career 💪 #F1

“The purpose of knowledge is action, not knowledge.” — Aristotle

"The struggle in trading goes away when a trader completely accepts that anything can happen in the market and truly embraces a probabilistic mindset" - Mark Douglas, Trading in the Zone

Does the $QQQ ever go down again?