StatCat😼

On 15th of March 2024 my winrate of 105 live trades was sitting at 36,19% with 62,86% loss rate. Lets see if I tweak my strategy a bit how much of an impact will it have on the trading performance..

“We’re raping and eating children and we’re looting all your wealth from under your nose but hey! Look! A shape in the sky!” 🤦🏻‍♂️

The Epstein case is so bad the government gave you a war, a new virus, and aliens to keep you distracted from it. Sit with that as long as you need.

Disclosed - 4000yrs ago.

Learning to trade and learning to be a trader are not the same thing. Learning to trade? That's the easy part. A few courses, some charts, some rules. Largely transactional. Learning to be a trader? That's a completely different journey. It's about rewiring how you think about risk. Getting comfortable with uncertainty. Making peace with failure — not occasionally, but constantly. It means dropping the idea that trading is an intellectual pursuit, and accepting it for what it actually is: a performance activity. Like sport. Like music. Mastery comes through that lens, or not at all. It demands a total shift in mindset, attitude, philosophy, and identity. And here's the hard truth — > Most people who learn to trade never become traders. > Not because they lack knowledge. But because they can't, won't, or don't make that mindset shift. The market doesn't reward the smartest person in the room. It rewards the ones who can adapt to the reality of what trading is!!!🤯📈📈📈

🇦🇪🇺🇸🇮🇷 The Persian Gulf is on fire right now. In the last few hours alone: - US struck Bandar Abbas, Qeshm Island, and Minab - Iran fired back at US vessels off the UAE coast - Fujairah was hit 48 hours ago and Iran is still denying it - A US strike on an Iranian tanker in the Strait of Hormuz triggered missile fire at three American destroyers Then there's the subplot nobody is talking about enough. Saudi Arabia and Kuwait both pulled US airbase access as the fighting escalated. Six hours later, they quietly restored it. Gulf states don't want to be in this war. But they can't afford to be on the wrong side of it. That six-hour reversal shows exactly how exposed they feel. The Strait of Hormuz moves roughly 20% of global oil supply. Ships are now shooting at each other in those same waters. Source: NBC News

This cannot be true.

IS YOUR TRADING EDGE-CONSTRAINED OR OPPORTUNITY-CONSTRAINED? @Hormozi always emphasizes focusing on the #1 constraint in your business. Most businesses are either demand-constrained or supply-constrained, and whichever constraint you have determines your entire strategy. If you don’t have demand, you focus on marketing and sales. If you don’t have supply, you focus on supply chain and operations. Ok, Lance… how does this apply to trading? Trading works the exact same way, but I’ve never see anyone frame it like this: you are either edge-constrained or opportunity-constrained, and your results are determined by which constraint you attack. The problem is most traders misdiagnose themselves, so they spend years solving the wrong problem. If you don’t have a proven edge, you are edge-constrained. That means your job is not to trade more, not to scan more markets, and definitely not to take more setups hoping something sticks. Your job is to backtest, collect data, refine execution rules, and build a playbook that has real statistical backing, because without edge the more you trade the more you lose, and every hour spent hunting new opportunities is just accelerating drawdown. Edge-constrained traders should be obsessed with proof and data. Until you can say with high certainty that your setup produces positive expectancy over hundreds of trades, nothing else matters, because you cannot scale something that has negative expected value. Now flip it. If you have a proven edge and a defined playbook, you’re no longer edge-constrained. You’re opportunity-constrained, and now the game changes completely because the problem is no longer whether your setup works, but how often you can find and how to maximize each opportunity. Opportunity-constrained traders should not be endlessly tweaking entries or second-guessing their system. Their effort should go toward finding more of their best setups, building scanners and filters to surface them faster, expanding into other product markets where the same pattern exists, or using instruments like options to express the same idea more efficiently. Once edge is proven, growth comes from better execution, better sizing, and wider expression of that edge, not from reinventing the strategy. Most traders are trying to scale before they validate, or optimize before they prove. Identify your constraint first, because solving the wrong problem is why you feel busy but stay stuck. In trading, just like in business, the bottleneck determines the strategy, and if you attack the real constraint with full focus, progress becomes inevitable. The same is true for your trading business. And that’s why you need use your noggin to reflect and find the right advice that applies to your situation. Not blindly follow what you read.

Religious leaders told 'prepare now' for UFO disclosure to unleash Bible-changing revelations

If Bill Gates isn’t the anti-Christ, the anti-Christ should sue for identity theft!

🚨BREAKING: 🇺🇸🇮🇷 The U.S. and Iran are closer to a deal than at any point since the war began: - Iran suspends uranium enrichment - U.S. lifts sanctions and releases frozen Iranian assets - Both sides lift restrictions on passage through the Strait of Hormuz - Washington expects Tehran's response on key points within 48 hours Source: Axios

Mason was diagnosed with autism at age 2. “He wasn’t talking.” “No language.” Their pediatrician showed zero concern for young Mason. So his parents did their own research. Then, a miracle happened. “Mason’s first words came just 3 days after he started taking leucovorin.” His father discovered Dr. Richard Frye and his research on leucovorin and autism. And it changed young Mason’s life. Take a moment to hear this family’s powerful story:

A one-page memo to end the war between the U.S. and Iran is nearing completion, officials say, according to Axios.

Arjantin'in yahudi başkanı,birkaç ay önce sionistlerin Patagonya'da yakarken yakalandığı 100.000 hektarlık (gazze'nin 4 katı büyüklüğünde) orman arazisini israile resmi olarak tahsis etti. Mel Gibson'ın tahmini doğru çıktı,israil arjantine taşınıyor.

The Iranian navy, which has been destroyed eight times, closed the Strait of Hormuz again, because the United States for the seventh time won the war that wasn’t a war, so the United States can open the Strait of Hormuz that was open before the not war. The not war that started to get the uranium that was completely obliterated, so that the Iranians can’t build the nuclear bomb that they weren’t building for the not war that the United States started. Then the United States which has nuclear weapons threatening to use nuclear weapons to prevent Iran from having nuclear weapons because having nuclear weapons is dangerous. If the United States saw what the United States is doing in the United States, the United States would invade the United States to liberate the United States from the tyranny of the United States.

No system will make you profitable. Trading can be taught as a way of thinking, but not as a fixed rule set that transfers cleanly from one person to another. The setup is only the trigger. The real decision is state → action → size → review. Patterns get your attention. Policy makes the decision.

When a human egg is fertilized, it releases an explosion of zinc fireworks visible under a microscope. Every single human life starts with a flash of light. The universe did the same thing 13 billion years ago, just bigger.

Qullamaggie on The First 2-3 Years I Traded, I Struggled “Dude, I struggled. The first two to three years. I traded, I struggled—size or no size, I struggled with everything. So don’t worry about it. If you struggle, then don’t size. To size, you need conviction, and if you don’t have conviction, don’t size. It’s as simple as that. Well, it’s probably not that easy to say obviously, but it doesn’t have to be more complicated than that. But yeah—first two, three years, I traded, I struggled.”

VIDEO: "There's Millions Of Them!" Man Finds Box Of Ticks That Appears To Have Fallen From The Sky While Hunting In The Woods Other Farmers & Hunters Have Reported Finding The Same Boxes! Is This A Part Of Bill Gates' GMO Tick Project? 🔴WATCH/SHARE THE LIVE X STREAM NOW: x.com/i/broadcasts/1…

19-year-old kid filmed a TikTok rubbing his hands together over money, captioned with "oy vey" and "Jewish." Now his job and his life are on the line...

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."