
Tom
4.1K posts

Tom
@TomNazarian
Faith ✝️, Creativity, Investment


Honestly, this is all you need to do in trading. 1. Narrow it down to one strategy and define the rules. 2. Test and practice repeatedly to see whether those rules produce profits over a large sample size. 3. Keep following those rules relentlessly. But because no one does this straightforwardly, it becomes necessary to go on and on explaining why it is necessary. In the end, people do not act unless their own view is pointed in that direction. That is how fundamental one’s view is to action. As long as your view is in control, if your thinking is wrong, then no matter what system you have, you will not follow it, and you will treat inevitable losing streaks as something bad and abandon it halfway through. What you need to do is simple. But to execute simple things simply, you need to have the right way of thinking. And acquiring that takes time.


Alexandria Ocasio-Cortez: You can't earn a billion dollars. Ilana Glazer: That's right. AOC: You just can't earn that. Glazer: That's exactly correct. AOC: You can get market power. You can break rules. You can do all sorts of things. You can abuse labor laws. Glazer: Yup. AOC: You can pay people less than what they're worth. Glazer: Yup. AOC: But you can't earn that, right? Glazer: That's right. AOC: And so you have to create a myth that -- since you didn't earn that, you have to create a myth of earning it.

One of Elon's most vocal critics just bought a Cybertruck. Brian Krassenstein, who has spent years publicly clashing with @elonmusk, announced the purchase yesterday. His reason had nothing to do with politics. He has a young family and the Cybertruck is the only pickup truck in America to hold both an IIHS Top Safety Pick+ award and a perfect 5-star NHTSA rating simultaneously. When your fiercest critics are buying your product because the data leaves them no choice, that's a different kind of win.


JUST IN: S&P 500 reaches new all-time high of 7,200



The strongest El Niño in 150 years? That’s not hype, it’s the actual median forecast right now for the developing event later this year. It could rival — or even surpass — the legendary 1877 El Niño, the strongest on record, which was linked to widespread drought, monsoon failure, and global food crises in parts of Asia, Africa, and South America. But what does that mean today? It means a tremendous amount of excess ocean heat being released into the atmosphere - energy that can rearrange weather patterns around the world. That typically leads to: 🌧️ Increased flood risk in some regions 🔥 More intense/ prolonged heatwaves, drought and fires 🌪️ A shift in severe storm tracks 🌀 And often a suppressed Atlantic hurricane season, but boosted in the East Pacific. Since it’s so huge, when the Pacific talks, the atmosphere listens! But this isn’t 1877… forecasting, infrastructure, and global awareness are far better today. We’ll be better prepared. Now transparency on the science: the 1877 3-month Nino 3.4 ocean temp anomaly maxed out at +2.7°C. The latest median forecast for all ensembles in late 2026 is +2.75°C in the Nino 3.4 region. So, it may be stronger. Here’s the caveat: that region is now approx .75 - 1°C warmer than it was in 1855, so some of the heat building up there is on top of a baseline which is already warmer today. So in absolutes… this will probably rival 1877, but relatively speaking due to global warming, the event will likely fall short and thus its global impacts may not rise to that level. That’s why we now have the RONI (index) which accounts for our new warmed World. (Pictured here is the October NMME with a region of +3-4°C over the East Tropical Pacific) Will certainly be interesting to watch from a scientific perspective.





Some people view it as a #Bitcoin bear market, but perhaps it is truly just a range 🤷♂️ How would that make you feel?



















