SDP

$JLHL Losing steam into levels. . .

$NVVE Nice para 🔨🔨

@YetiCapital You may be onto something 🫵

Jesse Livermore was well known for amassing huge wealth from trading & still managed to blow it & end his own life. It’s a shame but the lessons are real. Risking a comfortable life or disrupting what brings you happiness is worth no amount of money.

Same seal, same rock on low tide & repeat. In a vast ocean, when I see the tide is low, I thought to myself today. . . Will I see my friend there? ? Yep 😊

Wow, July got super trappy in SC. Fomo is being met with punishments in this environment. The opportunity is still great but timing it is the challenge. High locate cost, lower availability, adds another element of difficulty. This cycle flushes out the ones who don’t adapt.

@coachderby Having a plan is the main thing, figuring out and implementing whatever works for you is the right thing to do.

@ShortDaPos I think when the market is shifting and you as a trader are not sure what to do, its imperative to size down or not trade real $ For example, myself, it took me 4 days to net what I normally do in a day or two. Was sized down. Had a green week and now get to enjoy the holiday!

The beauty of the market is the diversity of strategies & when they work their best. Some traders excel under different conditions than me & vice versa. That’s the way the market works in a nutshell. It’s a game that requires you to constantly be aware & making improvments.

@BearfootTrading Yes, I agree. It's harder to get a borrow now & it inevitably affects the opportunities you can participate in vs prior years.

@ShortDaPos A lot of brokers have made it harder for traders with locate fees, restricting names to trade, and other "new" changes with the removal of PDT. I also think small-cap land is full of algos that add to the difficulty. Shorting is all but dead for many. Just my opinion.

The recent harder SC action is a sign that weaker participants have left the market, at least in my eyes.

Today’s cloud is a good representation of the last 1.5 weeks of small cap action. Seeing a cycle shift. Much more grind + slow movement. Time to pivot

@zeobci West Vancouver

@ShortDaPos Where is this?

Living somewhere that feels like i’m on vacation has been the best Big decision Ive made since I began my trading journey.

The kids are growing, both in high school now. Started thinking about what life looks like once they leave to start a life of on their own. The future is exciting. . .

If you’re trying to achieve a goal & you’re dissatisfied with your progress + you have peers that are surpassing you, you are being left in the dust. Most humans won’t catch up to the passer except the small %. Use it as motivation not resentment. It’s time to catch up. . .

The tide is ebbing & the geese are eating like a seasoned trader. This routine has stood the test of time. The logic makes efficient use of time & effort.

Natural Intelligence (NI) is the binder that makes the data & the patterns in day trading turn into consistent progress, for a discretionary trader like me. Traders have proven that strictly systematic approaches can work too but in a field where 97% of day traders lose money, the developing are left wondering what path to take & some don’t even know the differences. One day it clicks & you’ll have achieved an important milestone, using one approach or the other. My suggestion is don’t be too biased for one style of trading vs the other. You have to figure out what works for you through trial & error since the success rate is so low to begin with. NI is knowing when to cut, when to push, & what to avoid based on experience in the market. Yes, that’s right, using your brain to interpret what you’re seeing on the screen based on a memory you’ve built over years. Never give up on trading, rather, give up the beliefs you have about trading, expand your horizon, & find your way. The long & sometimes dreadful journey is compulsory & mandatory to the process. Lastly, and this is the most important thing to remember. . . If you’re an unprofitable trader & UNWILLING to change, you should quit trading right now. Don’t hold onto data you determined should work from the past that doesn’t actually work in the future. Change will be your 🔑 to success.

Will post some wildlife I get to see on my walks. Seen a blue heron this morning. I love his colour combo with the yellow eye. He’s stalking a snack.

Connecting with nature is the balance I need to handle stress. Forever, humans have been guided by natural intelligence. Technology is constantly driving us away from our roots. This is why I spend a lot of time by the sea shore. It helps wash away the bad energy you experience from work, computers & socials. I pulled back from social media & couldn’t be happier about that. If you’re struggling in the market to achieve consistency as a day trader, you must take control of your own actions & make the necessary changes to turn a positive outcome. Don’t let the negativity of others create new problems for you to dwell on & try solving. Start by turning off social media, get off the screens & connect with nature. That’s when I’m my best at solving problems. Have a great long weekend 🍻