@SimpleSwings 6 week epic ripper and it's already a blow off top?! Not how these things work.
English
Stephen Hammit
581 posts
Stephen Hammit
@shammit1
Active Trader. Options, Futures
Santa Monica, CA Katılım Ocak 2009
1.1K Takip Edilen212 Takipçiler
@NikLentz True "wealth" right there. And more importantly you have peace. Chasers do not.
English
15 years ago I was an arrogant idiot who cared about fancy cars, watches, and all that stuff.
Today I’m a Christian, which is ironic considering I once hated them. I live in a nice but modest house, spend time with my kids, go to bed at 9:30, wake up at 4am, and I’ve never been happier.
Focus on what actually matters, and life gets a lot better.
English
@NikLentz You've nailed this from the jump. You're 'noise management' is next level. 🫡
English
Golf Twitter used to feel like the clubhouse after a Saturday morning round. Guys posting flushed 7-irons, muni sunsets, terrible scorecards, gear talk, funny stories, and the occasional completely unhinged swing tip from a 12 handicap.
Now it’s the Burnerverse.
An entire ecosystem of anonymous accounts pretending to be rich tough guys with all the answers.
Every avatar is sunglasses in a truck. Every bio reads:
“Scratch. Markets. Violence. Cigars.”
And somehow every single one of them:
Hits it 340
Is a plus handicap
Makes seven figures
Trains MMA
Has insider sources
Knows how to fix pro golf
Thinks everyone else is soft
And would “absolutely say this to your face”
Sure, man.
Every conversation immediately turns into a blood feud about TV ratings, ball speed, legacy, or whether Tiger secretly controls world finance.
Meanwhile the actual soul of golf gets buried.
The walk.
The early tee time coffee.
The miracle 5-iron.
The random retiree you get paired with who tells stories for four hours.
The one flushed shot that keeps you coming back after shooting 92.
That’s the stuff that made golf Twitter fun in the first place.
The Burnerverse doesn’t actually love golf. It loves status. Golf is just the costume.
Because if you truly love this stupid game, you eventually realize golf humbles everyone. Eventually your swing leaves. Your putting disappears. You snap hook one into a pond in front of people you respect.
Golf strips everybody down eventually.
You are not edgy.
You are not cool.
You’re just another idiot trying to flush one before the sun goes down.
English
@merrittblack It's like the guy who is just raking balls on the range thinking he is improving via high reps but in reality he is just ingraining poor process and habits....and then he 3 putts.
English
Think of it this way:
There are a certain number of quality reps a trader needs to achieve to start to have mastery.
The more poor/low quality reps you put in- the more you give in to those demons and fears- the more you stall progress of reaching that magic number of quality reps that get you to the finish line.
Don't stall. Move forward one quality rep at a time.
English
@TraderZ @traderstewie You had it framed and hanging office, right? Super cool.
English
Jeez AC - chill. I was commenting on the OPs point of "max participation" signals bubbles not price." Then you rant at me with your resume bullshit again. You said everyone knew it was bubble then...and I my point is "well yeah - we were all participating." But thanks for that reminder of your banking adventures (again).
English
As if I didn't know that. You have no idea where I sat.
I was guiding Salomon on what acquisitions we should make in online brokerage. I had a 15 person team that was the central resource for all options trades done by the smith Barney brokerage system. I worked with many dozens of founders who were hedging and collaring their shares. I priced risk capital markets deals I. wasn't some line trader focusing on the last tick.
Yes some people were degen retail buying and unaware of the bubble but they didn't matter.
English
you cannot have a bubble when everyone is calling it a bubble. that is not how it works. in fact its by definition the opposite of how it worlks. bubbles are born of participation, not price.
English
@dampedspring @HumbertoAra2601 @Crowded_Mkt_Rpt Not true. Online trading was born at that time and every 20-something I knew was buying an online used book reseller, DotCom incubators or Yahoo. There's a whole world outside of the insulated S&T desks.
English
@HumbertoAra2601 @Crowded_Mkt_Rpt Not true either. Most discretionary investors without a mandate missed the ups from 99-2000 and still got pounded on the downs from 2000-2002.
English
@SimpleSwings They will for sure and pepper on some political slop of course 😅
English
some might even call it a black swan event
Ariel Hernandez@RealSimpleAriel
The next pullback to the 10sma is going to feel like a recession $QQQ
English
Underrated… Sitting on a beach or chilling in a river with a fishing pole, nothing but God‘s beautiful nature… relaxing with the sun on your face thinking about all that is and all that has come before us… I’d take that over everything material shit provides… I’ve done both and it’s not even close
English
7 years ago, I lost my dad after his battle with cancer.
And there’s not a week that goes by that I don’t think about him.
I’d love to be able to call him and tell him what’s going on in my life. I’d love to talk to him about my walk with God and what I’m discovering. And I know I’d lean on him for whatever sage advice he would have to offer.
I’m also fairly positive he would think I was crazy for moving to California!
I remember growing up as a kid, my dad was always up early, sitting at the kitchen table, reading his Bible. He’d be there for hours at a time, studying every word and taking notes on what he was learning.
I didn’t think much of it. But what’s funny is that recently, I’ve found myself doing the exact same thing now. Getting up early just to spend time with God. It’s now my thing I look forward to the most when I wake up.
My dad was definitely the patriarch of our family. His faith was his number one priority, but his family and the bond we had was his legacy.
I only hope and pray I can grow into that same kind of role for my daughters.
Thanks for being such a great role model, Dad.
See you in heaven.
English
@SilkLifeMedSpa Move where dawg? What's up with this "give up" attitude? Where did the posi vibes and energy go? We need it now more than ever. Miss that from ya my man. This dark stuff is going down a bad road.
English
I’ve been talking about this for a few years… I’ve hypothesized that the biggest trademark of the younger generation will be migration out of the United States… They just don’t simply see the benefit of staying in a system that they have an extremely small chance of making it in… Why waste their whole life being a tax base slave when they can go live somewhere far cheaper and in many cases, be safer and have a far better quality of life
English
English
Very unlikely opportunity set so it's a false choice to me. If checking accounts or even HYSAs are offering that then inflation is early-1980s style or worse. You're not even breaking even after taxes. If we assume the last 15yrs of monetary and fiscal policy continues I'll put my money in the market and return way more than that. Volatility is the cost of outsized returns or at least staying a step ahead of debasement if keep a long-term view.
English
You have two options:
Option A: An FDIC-insured bank account that returns 10.99% percent a year, with a realized volatility of zero.
Option B: An S&P 500 index fund, that returns 11.00% (on average) a year, with a realized volatility of about 16.
Which do you choose?
English
@ZubyMusic This is a trope and very rarely happens. Y'all are being conditioned for yet another divisive issue. Spot the psyop. Be better.
English
It's called the Hegelian Dialectic i.e. the (unbeknownst) arsonist comes back to save the day to put the fire out. Create the problem and have a ready-made solution beforehand.
It's been used for centuries to dupe the dummies. The Cloward and Piven strategy has been utilized by the 'quiet' Marxists - in particular the Globalists. The Obamas and Clintons massively accelerated this strategy. And the Rs are too timid or compromised to stop it. The Enemy at work with his complex lies.
wareagle.substack.com/p/the-hegelian…
English
In retrospect, it may be hard to overstate the significance of how this affected evangelicalism.
For about 10 years, anyone who warned that progressivism was an symmetrical threat to Christians and society were shouted down or laughed at by people, pointing to Charlottesville or tiki torch marches as evidence that “white supremacy is actually an equal or greater threat to society than progressivism.”
Those moments were used to “balance the equation”
But, it turns out that not only were they in a meaningful sense manufactured, but progressivism was not only to blame for it’s obvious evils, but for many of the highest profile “examples” of the evil that was alleged to come from “the other side“
English
So this leftist org was funding racists to stoke racial conflict in the country so the media and Democrats could leverage it to push a narrative of white supremacy against conservatives?
And so many, including evangelical leaders, adopted the narrative without question. smh
Steve Guest@SteveGuest
Bombshell CBS News segment on the Southern Poverty Law Center indictment where the SPLC lied to donors, paid violent extremists millions, and “manufactured racism” for its own purposes “The SPLC was not dismantling these groups. It was instead manufacturing the extremism it purports to oppose.” Per Todd Blanche The Charlottesville rally leader attended “at the direction of SPLC” and made racist posts “under the supervision” of SPLC.
English
@AaronRentfrew Good stuff! Finally an alternative to the constant doomer analogs. Perma-bears always funding their own demise. If you're short, you're a buyer. 😆
English
