Alan McGrath

Vance: * We did not reach an agreement with Iran * The talks with Iran did not succeed, and we will return to America * The Iranians did not accept our conditions, and the talks did not succeed

@_findingmyedge Boom!

+$1.05m for March My biggest wins in March were all long thermal coal stocks. This is a sector I'm very comfortable with and I knew they would be beneficiaries of the conflict in Iran. In general, the coal sector was slower to move than the O&G sector so there were a few attractive spots to size up with very good risk/reward. My biggest win came from NHC. This was very tricky to trade at the start of the month with a couple of big shake-outs. I took a $50k loss in the first one (10th of March), but added into the second one (17th of March). I was holding decent size before their results and thought the 10% gap down was a big overreaction. This ended up being a great spot to add size, and NHC climbed 20% over the next three days from that open. I traded around a core over the next couple of weeks, and fully exited on the 30th/31st of March. Other big wins came from TER and YAL (realised on 9th/10th of March). I also made almost $200k from trading WTI over various trades, predominantly long. My biggest loss came from YAL, which I initially entered short as a hedge for NHC. YAL proceeded to rip my face off and cost me almost $100k when it gapped up 4.5% on the 12th of March. Making $1m in a month is something I never imagined I would achieve. I was fortunate to have the right experience at the right time, and also lucky to get some great entries, particularly in NHC. One of my strengths has always been sizing up in asymmetric setups, and this served me very well during the month.

Quote of the Day: "You only need one bull market to get rich, and change your financial future. You only need one. Learn the setups, learn how stocks move, learn what moves stocks, and memorize the patterns." ~ @Qullamaggie

@warikoo Even better, just don't give a crap what anyone else thinks of you (except those you love). That's true freedom.

We spend money to signal to people that we're doing well. I did this for years. The car. The phone. The table at the restaurant. Nobody noticed. And even when they did - they forgot by next week. And then I worked harder, to do even better. So that they don't forget.

@Scutty @X @elonmusk What a feral move. Didn't realise how much i relied on the ol Tweetdeck set up until this morning. No warning either that I saw.

@X and @elonmusk doing their best to destroy user numbers and content on this platform with the latest pricing plans. Truly alternative universe thinking.

BREAKING: An oil tanker operator paid Iran a $2 million fee for safe passage through the Strait of Hormuz on Wednesday, per FT. Iran is now charging "favored" countries millions per oil tanker for safe passage through Hormuz.

Several of QatarEnergy’s LNG plants suffered missile strikes early Thursday, resulting in major fires and heavy damage.

Extra relevant in these conditions imo.

🇮🇷🇮🇳IRAN FOREIGN MIN SAYS GIVEN PERMISSION FOR INDIAN OIL TANKERS TO PASS THROUGH STRAIT OF HORMUZ - ZEE BUSINESS (mktnews.com/flashDetail.ht…)

Retesting the key $90 level now

BREAKING: The IEA has proposed the largest release of oil reserves in history, exceeding the 182 million barrel record set in 2022, per WSJ. Details include: 1. The proposal was circulated at an "emergency meeting" today 2. Countries are expected to decide on the proposal Wednesday 3. The proposal will be adopted if none objects, but even one country's protests could delay the plan, officials said 4. IEA members currently hold 1.2 billion barrels in crude oil reserves Oil prices are still up +60% since December.

fwiw AI summary of EOS bear note response: $EOS response is material, detailed, and largely effective in dismantling the more serious elements of the bear case — there is no evidence of fabricated contracts, balance-sheet stress, or deceptive order book reporting, and the company clearly distinguishes between unconditional revenue and genuinely conditional opportunities. However, this is not a risk-free story: valuation is now heavily dependent on execution, timing, and conversion of long-cycle defence contracts (particularly Korea), with any slippage likely to hit sentiment hard. In other words, the Grizzly note overreaches on intent and integrity, but it does surface the correct pressure point — EOS must now deliver, because expectations are high and forgiveness is low. #asx

@longarmlopez Bit heavy on the prep time there lol...but I'll give it a shot sometime soon

@alanmcg Epic. Try these dried fig snicker bars. They are incredible @kristinaspotsandpans/video/7465773782892809494" target="_blank" rel="nofollow noopener">tiktok.com/@kristinaspots…

I don't know if this is a new invention or not...but I just got a banana, cut it long ways down the middle, and filled the cut with cruchy peanut butter. It was SENSATIONAL!!! Do yourself a favour, I think I just found the perfect trader snack! #asx

Perfect time for this reminder as traders right now.

@_findingmyedge Very impressive James! Well done

+$274k for Jan Selectivity was A++ this month, with only 33 trades (70% less than my recent average). I basically waited for trades that really spoke to me and hit them hard. Undoubtedly plenty of luck in a result like this, but this is definitely how I should be trading. (1/3)

Trading on the London Metal Exchange is delayed on Friday, with no update on when it will reopen – Bloomberg.

When you've been around this circus as long as I have it's rare to encounter firsts...but this gold move this morning is really something else! If I can offer anything it's this...forget everything you think should be happening, triple down on discipline and trade the action not your bias.

If science class explained everything with Midwest emo music, we would have a lot more people paying attention. Nuclear power explained. It’s just a fancy way to heat water and make electricity. 🔊