Mansi

Today was a really special day for me. I had the chance to read “My First Book of Emotions” to my daughter’s class, and it meant more than I can fully put into words. As some of you know, about a decade ago my life turned upside down and I was diagnosed with anxiety disorder and clinical depression. What followed was a long, deeply personal journey into understanding emotions, something I wish I had been taught as a child. I truly believe that if I had learned emotional literacy early on, my experience with anxiety and depression would have felt less overwhelming and a lot more manageable. That’s why today felt so meaningful. Sitting with these kids, talking about feelings, and seeing how much they already understand about emotions at the age of 3… it honestly amazed me. They were aware, expressive, and open in ways that give me so much hope. If this is what the next generation is growing up with, then the future feels a little brighter. Emotional literacy isn’t just important, it’s life-changing. And getting to be a small part of that today meant everything to me. 🤍

@KynaKosling 🙏🙏🙏🙏😇😇😇😇

@drmansipd Mansi, without you, I quite literally wouldn’t have started TTRH when and how I did. Who knows how things would have panned out without that initial momentum and pressure (in a good way)! Grateful our paths crossed 🙏

That last line made me laugh :) Seriously appreciate the support — not just in coffees, but in the patience many readers have shown me. TTRH turns 3 later this month. And it’s evolved over those 3 years. My initial ‘momentum burst’ (thanks to @drmansipd) meant I had readers from day 1, although I had no clue what I was doing. Publication was frequent and experimental as I was trying to find my feet. In autumn 2023, a job change meant TTRH got neglected, although I was starting to find my flow as an online writer in my new role, with a big focus on ghostwriting — because that’s how I could access the best information and create more lively content. An (inadvertent) demotion at work in Jan 2024 then made me decide to (1) treat it as purely a place to get paid to practise and (2) get serious about TTRH. In Feb 2024, I started weekly publication that continued for 63 weeks. The intensity of research and writing in my own time for TTRH, on top of writing 40 articles a month at work (+ other content), ensured rapid improvement. Now, TTRH really started getting attention. I was even getting private (ghost)writing enquiries, in spite of not stating I was open to them. I started seeing potential to do what I did at work, but on my own terms and for traders. That became reality in Jan 2025, which meant WAY better access to great traders via guest posts and client work. Spending all day immersed in the markets and actively trying to get into the heads of top performers massively levelled up TTRH, mainly via the amount and type of research that goes into each piece. That’s when weekly publication stopped. I had to slow down to keep pushing the boundaries of quality without burning out. In fact, I was generally trying to slow down, favouring larger projects because they allow for true depth. In that slower year, I’ve had the opportunity to play around with different ideas and frequencies, some more successful than others. But lately, I’ve been thinking hard about what it is I want TTRH to become from here. And its top purpose for me? Using it to help me become a better trader. Because there’s zero need for me to do any of the things that help it scale — TTRH will never be paywalled, and I only work with a small number of ghostwriting clients. This gives me the room to truly explore ideas in depth. To take the time to do proper research while giving my best to clients and my own trading. Conveniently, this also aligns to my content-related ambitions. My favourite type of content goes into depth, with lasting value. You don’t do that by creating quick Saturday reads (tried that, don’t find it overly fulfilling). This approach allows me to build an archive I can be proud of, and attracts people of similar mind and values. It means, more than ever, that I’m asking readers to be patient. Thank you for joining me on my journey so far 🙏

Read the Market Wizards chapter on Kristjan Kullamägi this weekend. The one section that really stood out was when he discussed his drawdown off of his 2021 peak. "I started 2020 with $3.5 million and ended the year at $36 million. It was a thousand percent year. Then I ran that $36 million to a high of $105 million, and the last portion of that move from $65 to $105 million occurred in just a month and a half. For a brief period, just a few days, I was over $100 million. You have to understand what that did to my psyche. It made me feel completely detached from reality. I thought, “I’m going to get to $200 million in six months.” I was completely sure of that. I started seeing trading as a video game, which I kept winning. Measured from my $105 million peak in November 2021 to my mid-2022 low, I lost approximately $60 million. About half of that loss represented the late 2021 retracement of the large open profits at the November peak to the stops on those positions. The initial retracement loss was so large because I was leveraged long at my peak. My long exposure was $150 million—a number I recall because I remember bragging about it to a friend" These boom and bust type tales are as old as time. Look at Jessie Livermore as the classic example. Net worth of $0 in 1906 to a peak of $1.6 billion (inflation adjusted to 2021 dollars) in 1929. Just 5 years later he blew up and owed $104 million dollars to his brokers... Or look at Paul Tudor Jones. Hit one of the most legendary trades in history, making roughly $200 million dollars during the 1987 crash. It cemented him as a legend. His mental coach Tony Robbins said that Jones consistently lost money for the next 4 years after that peak. Dan Zanger parlayed $10,000 into $42 million during the late 90's. Then in late 2000 he took a 70% drawdown when he was 200% long 3-4 fiber optic stocks as the dot-com bubble was popping. Charles Harris reached 8-figures status after he ran up his account over 4,000% from 2020-21, then experienced a -80% drawdown, mostly due to his big TSLA bet in 2021-2022. I have seen a few people speculating on Kristjans story from the outside. Saying "I would have stopped trading at $100 million" or "I would have just taken that money and started investing". To those people I ask if you have ever experienced a real euphoric run in your trading account, let alone turning 5k into 100mil? Extreme winning streaks like the ones above breed overwhelming euphoria and overconfidence. The mind shifts its focus from process to outcomes, with ego-driven decisions overriding risk parameters and rules. From my experience I have found it near impossible to be aware of this at the peak of the run. It is almost like you are blacked out and the greed/ego completely takes over your trading. Then the drawdown begins. The emotions shift from euphoria and greed to revenge, fear, and doubt. This is where things can really start to spiral out of control. It is only after the drawdown has run its course that you finally come back to your senses and your emotions drift back towards baseline levels. Then all you're left with is regret... Few people ever talk about what a big winning streak can do to you. It can literally change the way you think and operate. Often the ability to achieve super returns is also its biggest drawback—a true double-edged sword. To be able to conquer both sides is the holy grail... From the Hour Between Dog and Wolf by John Coates: "When traders enjoy an extended winning streak they experience a high that is powerfully narcotic. This feeling, as overwhelming as passionate desire or wall-banging anger, is very difficult to control. Any trader knows the feeling, and we all fear its consequences. Under its influence we tend to feel invincible, and put on such stupid trades, in such large size, that we end up losing more money on them than we made on the winning streak in the first place. It has to be understood that traders on a roll are traders under the influence of a drug that has the power to transform them into different people."

@MarciSilfrain @iamcardib 💯

We all know Jim Simons is my idol but so is @iamcardib. 💅 The way she owns every room and stays real is unmatched while being a mom.

@MarciSilfrain Me too. If you’re ever in manhattan, fruit bowls on me! Would love to grab a coffee with you there.

@drmansipd I could eat there every day

Brooooo….. those Pura Vida fruit bowls!!!! 🤤

@opportunityflow $car

@drmansipd What do you mean?

@RyanMillerTX sad day at best.... last day at worst

@drmansipd I sure hope so. If he follows through with his threats it will be a sad day in history.

Taco tuesday, right? 🌮

@PoojaPatel11254 for videos - @Qullamaggie streams are great and free! if you wanna watch traders trading live and be able to ask them questions all day check out @RealSimpleAriel @NickDrendel

@drmansipd Hi Mansi, if you were to go back in time and redo it, what would be the learning pathway you would recommend for someone still fairly new to trading? Books, videos, courses... If you could guide me 🙏

Price can only hurt you, but size can kill you.

@RealSimpleAriel good one

Turns out the $AAPL does fall far from the tree 🤣

If you are shorting parabolic moves like $CAR keep it simple. Everything bad will happen to you above VWAP. Everything good will happen to you below VWAP. Do not fight a squeeze.

As you get older, you realize more and more that true happiness is made up of calm mornings, a clean environment, going to bed early, a safe home, and people who don’t drain your energy…

@Mayhem4Markets Hahahaha

Is this an acid trip or real life? I'm actually losing track now.

@RealSimpleAriel 😂😂😂

@drmansipd Doc what do I do? I have already spent that check which was promised 🤣

I can't wait to receive my Strait of Hormuz toll check!! It should be coming in the mail right after the DOGE and Tariff checks show up!

@NickSchmidt looks exactly my husbands screen time

My screen time is down 14% to only 26 hours a day