ShokuninTrader

I believe that most people (according to my data 98%) don't make it in trading (my definition: 6+ figs/year) is because they: - Don't have an edge AND/OR - Poorly manage risk AND/OR - They don't control their emotions How did I overcome this and became a 2%-er? Small thread-->

@daytradingzoo Yes! It was great - and we missed you out there. As @RicBun said - we'll force you to go one way or another. @Fittrader101 would make the "Dutch Gang" complete then.

Never made it to a #T4AC event yet, but seeing everyone’s post-event reactions makes me really want to go. Hopefully next time I can finally meet people IRL and shake some hands 🤝

@Gyro_Bro @Tradestl I copy that. Was fun catching up with @Tradestl.

One of the most impressive guys I met at the T4AC26 conference was @Tradestl . He is one of the nicest most humble people you can ever meet. He was extremely generous with his time and spoke to many people. He is someone to try and emulate. Loves what he does even after massive success and gives back. @Traders4ACause

@TradetheMatrix1 Even fewer people understand that there is also forward risk priced in. And fear. And greed. In the case of the gold price I think it is more in the risk, fear and greed territory than in "inside info" territory.

Not everyone in financial markets understands that large cap assets are forward pricing (because some big funds always have inside info). So some scratch their heads currently trying to figure out why gold is moving so much. You will soon find out. Just watch #MidEast+#oil.

@SmallCapSmarts ok - there's clearly edge erosion going on - but to draw that conclusion from "a few consecutive bad trades last month" - is waaaay tooo fast in my opinion. I think you need at least 100+ trades to draw such conclutions, depending on the chance distribution of your strategy.

My best-performing 2023-24 small cap algo appears permanently dead.

@SmallCapSmarts @neil__to Thats a matter of proper sizing and discipline. I'm shocked to see the sizes some "newer traders" put into these low float tickers - maybe I'm a dinosaur, but staying safe is prio #1.

@neil__to Doesn’t matter when 1 loss is enough to take all gains you had

I’m close to being done shorting small caps. The risks have gotten ridiculous. One slip in automation, stops, or the broker during these 3–5k% moves can wipe you out. I’ve got enough capital to focus on large- and mid-caps with limited risk and still be very comfortable.

Warren Buffett, Peter Lynch, and Joel Greenblatt, started their careers as microcap investors. Why? It's the only area in the public market where retail investors and small institutions have the advantage over larger institutions. microcapclub.com/the-superinves…

@TradetheMatrix1 Weird analogy. The majority of music is composed digitally. Market share of "all human" music has dropped to nill, just like on the exchanges.

The fact that people still use phrase "Algo" that rigs #smallcap tickers tells you a lot about just how much some underestimate human potential for orchestrations. Symphony orchestra is still 99% led by a human conductor and not an AI/algo this days. Because orchestrating takes a lot of variable inputs that can easily go wrong for algo. If you think someone is putting 50 mil on the line without serious oversight I don't know what to tell you. Every time some ticker gets rigged hard the Algo broskies come out of the woodwork with their phrases...

@TheShortBear Basically what Ray Dalio preaches all along. At the same time the USA is winning on many aspects and the dollar is far from gone on the global playing field. Who knows what happens in 30 years. Probably the earth is run by AI by then.

For those calling a top because of the debt levels… Be ready for your cash to underperform drastically while the dollar gets devalued and stocks go on a massive run. This is the likeliest scenario over the next 30y. The real conflict will slowly arise through the reserve currency status being lost through this devaluation. War and instability will ensue. This is how the greatest civilizations died in the end. Now this sounds dramatic but the power center will shift and new opportunities will arise just like it did for thousands of years. Perhaps I’m drifting off topic..

Current situation: 1. Stocks are rising like a "soft landing" has happened 2. Gold is rising like we are in a major economic crisis 3. Bonds are falling like the Fed is done cutting rates 4. Real estate prices are rising like rate cuts just started 5. Oil prices are falling like demand is disappearing 6. Natural gas prices are rising like demand is growing Nothing adds up here.

@HTBQuant @aRobotNamedSnax @jtraderco @Kinfo He's not but I guarantee you that you will learn a lot from him. And no, I have no business interest with JTrader - he's just a friend. I think another metric is too look at how long someone is in the game. Most "FURUs" disappear after max 3-4 years. Mostly even 2 years.

@aRobotNamedSnax @jtraderco @Kinfo Is @jtraderco on kinfo?

This is why trading is not taken seriously Million of videos around promoting false expectations, absurd lifestyles, changing life quickly. I know real traders who wake up at craziest hours to trade, fight everyday for a living, help others and have only one thing in mind: manage good the trade and wait for the next opportunity. Traders like @TheOneLanceB @TheShortBear @RickyAnalog @markminervini @ripster47 @sanglucci @edu_trades @CiocanaTrader @RolandWolf86 @InvestorsLive @alphatrends & more show this on a daily basis. Much to learn from them. Don’t be fooled.

@AnshumaliDwived @Iamsamirarora @dmuthuk To be honest I didn't - and still don't know- and does it matter when you disagree with the point that someone is making? It's not because someone has ridiculous amounts of money and/ or fame, he is always right at everything? We, the normal people, have a tendency to godify.

@ShokuninTrading @Iamsamirarora @dmuthuk WB is WB and SA is SA! Not sure who you are and who all you studied apart from WB, but do you know who you talking to? 🤣

The difficult of sitting on cash: WB is sitting on US$ 280 b of cash. Not sure exactly but let us say that before his recent Apple sale and BAC sale he was, big picture, sitting on USD 150 billion range cash for last 2 years +. In last 2 yrs, US market is up approx 50% (Sep 22 to Sep 24). He therefore lost 40% (after making 5% p.a. from investing in treasuries etc) on US$ 150 billion, ie. US$ 60 billion due to not investing in market. Now he has US$ 280 billion cash. So to recover this opportunity loss of US$ 60 billion, market must fall 20% plus for this trade to break even. To add real value the market must fall some 30% from here and then he would have added some marginal alpha on the trade. You decide whether it is worth it. 2nd problem with sitting on part cash- What do you pray for every morning. That markets go down because u have some cash or that the markets go up because u have major investments in the market. Can get very confusing for both you and God. Note: Our global fund is invested in Berkshire A and B shares.

@DaljitKochhar @Iamsamirarora @dmuthuk Shouldn't be a question of "balls" - if you know what something is worth through your own DD, you know when it is a bargain. That is the advantage of playing the "long game" - doesn't matter if you time it exactly right. It's the future cash flow that matters.

@Iamsamirarora @ShokuninTrading @dmuthuk If the market falls 20%, how many have the balls to put large chunks of money buying up bargains. Many say it's a no brainier. Most get cold feet.

@mark74181442 @Iamsamirarora @dmuthuk Exactly

@Iamsamirarora @ShokuninTrading @dmuthuk He’s not trying to time the market. He’s managing risk ( he also says he keeping powder dry, but how much do you need).

@Iamsamirarora @dmuthuk Ah nice, the "go discuss with your own group" - now I understand why you feel offended by "you is you" lol If you want to say "it is difficult to time", just say so. Buffet is not timing anything. He thinks of having ammo for when the bargains DO arrive. GL being you

@ShokuninTrading @dmuthuk I am not criticising him, I am saying it is very difficult to time. I know that these differences are too difficult for you to understand, so go discuss with your own group.

@Liathetrader @archi_tradition @da_weissenhorn Neuschwanstein, nice.

@archi_tradition @da_weissenhorn Flew around it in a helicopter from Munchen to Zurich 👌🏻 best castle in the world,

Neuschwanstein Castle, Germany 🇩🇪 📸:@da_weissenhorn

@JoostNederpelt Sargeant maakt er een 4 stopper met softs en mediums van denk ik.

Bandensets die over zijn voor een zeer waarschijnlijke eenstopper. #F1

@LilUwUziVert3 No you're totally right: Musk is the clown... ... as was proven again earlier this week.

@ShokuninTrading Am I wrong? Fuckin someone lost a lot of money today 👁️🫦👁️

What a clown

@Tiziano_fx @pedma7 Then he admits the backtest is bs

@pedma7 I read the same on reddit but keep in mind that this is a backtesting result. He also said that the model works differently on live market conditions incl. spread, slippage and commissions. He changed it a bit for live trading.

Just read a guy saying he was running a "ML trend" model for the past 3 years and these were the results. I immediately called BS, for so many obvious reasons... You scroll down a bit, through the entire post, and find that this is a simulated strategy he BUILT 3 years ago.

@pedma7 Equity curve screams look ahead bias or just a plain programming error: years ago I had commission cost working 1 percent in my favor, guess what, almost every strategy worked out