ping guo

@CFlanders7 Thanks boss preordered

@mcd_trading If you pre-order the author released a few chapters. Check his twitter

The hardest thing in sports isn't winning a championship. It's repeating the win. Q "won" the game and after 2023 wasn't as focused, was travelling on his yacht all over the world with his gf. I'm very cognizant of burn out and reduced motivation after you win. Have to stay very focused.

@CFlanders7 I thought the book releases in June? Did you get an early copy?

This is all from his chapter in the new Market Wizards book. No inside info.

@kycefn @paraholik Interest rates make it a significantly worse option than past 15~ yrs, parents do real estate and it’s much harder now

Fair point. Real estate is always a potential alternative it just depends on your local market. If you can find a distressed seller or a strong local market then it can be a great choice at any time. I just don’t considerate an easily investable liquid asset class like the above I mentioned.

Thought experiment: Where do you put your money over the next 3-5 years? -Can’t put money in US bonds anymore -Can’t hold it as cash -Gold and Silver just finished historic runs so isn’t the best choice yet -Historic AI tech revolution is actually producing revenue unlike 2000 tech bubble -Big tech forward p/e’s are still reasonable if not cheap You’re left with stocks and crypto (maybe) as your only 2 choices for investments. The reason volume and range on QQQ has been so low on this huge April rally is nobody wants to sell. Where can you even put your money if you sell? Until a major crack in the AI narrative presents itself (it may not for years), this bull run will continue, and the people drawing comparisons to 2001 will be left behind. If you disagree please drop a comment below.

@kenctrades long today as well, swing long brain dead easy in trend markets no need to fight the perma pump for now

$MU ss -> stop. then long.

@Peoplewish @FranVezz 10% return on equity kind of a tall ask then too no?

@FranVezz Maybe so, but i think people think .5% risk on equity is impossible to attain for some reason.

Not true. You just should avoid oversizing at ALL costs. If you’re trading tight charts and your stop is at or around LOD, then with a 10% position, price would need to drop 5% from your entry for it to be a 0.5% account drawdown. A lot of the time, you should be buying stocks where the obvious stop-out level is less than 5% below the trigger line. Other times, the obvious stop is 10% below the trigger line, which with a 10% position would still ONLY be a 1% account drawdown. No, not every stop-out needs to be 0.5%. But on average, if you’re < 1% stop loss, you’re in good shape.

@orrdavid Lmao inspired by money fetishist post on ottomans?

@PurpleDrink_LLC wow wtf feels like fintwit already feeling the fomo p strongly

Oh boy

@Peoplewish $GEV looks strong too

Scanning right now. Actionable list below. Im starting to see continuation setups forming. HTFs and HTPs. $FLY is the first nice HTP I see. $POWL is building a beautiful HTF. I own some $OPEN $NVTS $RKLB $AMPX already. HTF = High tight flag HTP = High tight pivot (a variant of HTF from my playbook)

@kenctrades Lmao is that captain cook? I was legit there last month

taking this week off in Kona!! yall can get squeezed without me 😆

@labubu_trader @aaronXu2024 @Trumpyla Mr.Labubu omg I’m from LA as well. Did not think a niche internet celeb would be from my hometown

@aaronXu2024 @Trumpyla No, will never return to that toxic community. I made lots of friends after switch to English and learned a ton from them, really appreciated that. Also I doubled my followers with many high profile and high quality investors. Why should I return?

I’m still holding this opinion no matter how IG weekend reacts.

@ashtradin think in stronger markets matters more because you have problems with good allocation, in weaker markets not rlly cuz ur rarely fully invested anyway

I wonder if adr isn’t that important and it’s more about linearity and bigger $ vol

@jd_tradez wow u might have a career in course selling if u want to retire someday good poast

Day trading is hard. It’s meant to be hard. You think this shit was supposed to be easy? Hell no. Your mental gets tested on a daily basis. “Can I do this anymore” “How do I recover from this” Self frustration is real. Everyone posting courses and cars to make it look easy hide the truth about day trading. It’s one of the hardest career choices. You wake up everyday not knowing if you’ll make money, even so, lose money. No one is there to help you, no one is there to comfort you. You are on your own. No one is coming to save you. You want this badly? Keep pushing. You want this badly? Never give up. The best of the best aren’t where they are today because they gave up. They pushed through the unthinkable. The future may look gloomy but don’t blame the market, look inward. You can be better, you WILL be better. For all those struggling, in drawdowns, refocus the spotlight on yourself, be better, adjust your size, adapt. This career changed my life but also humbled me very quickly. Be happy, be healthy, enjoy life, and be the best trader you can be. Stop looking at all these “furus” online, they are depicting a fake reality of day traders. I’m a 7 figure trader and don’t sell courses, nothing. I will tell you firsthand how hard it is. BUT don’t stop believing in yourself. You can do it. Just put ur mind to it. Block the noise.

@kenctrades sick trade

$SLV record trade and record day. Took swing short from 108s yesterday, covered none and took some real heat on the mega reclaim. Felt that a big part of the downside could only be captured via overnight gap down so I made the decision to hold. Insane!!😤

@kenctrades @gstrades me 4 👍

@gstrades me three

same boat

@kenctrades tough week yea

worst week for me in a long ass time, brutal #tradingiseasy 🥲

@Jordnstm u sleep fine going long overnight? generally have to tiny size or shit my pants

@mcd_trading Need to mellow out somehow so I don't eat it on $ACCL at 4 AM. It's a sympathy of $SPHL Got a gigga good avg should be ok

this market makes me want to kms

@ashtradin entered today but ye close was shit

$TMC Tried breaking out today with a mediocre close This one reminds me of $IONQ a while back

yuuge amount of setups for tmrw hope we can get some followthru finally