Steve From Brooklyn USA

@AMAZlNGNATURE Aka Miles Davis

A rare close-up of the elusive Golden Langur, one of the only known primates that actively avoids humans

@sweatystartup I’ve done a couple of 8 day water fasts at True North Clinic in Santa Rosa and Buchinger Clinic in Germany. Good stuff.

I spent $60k on an executive health retreat. Full body MRIs, biomarker optimization, all of that. The foundation of our plan: A 3 day fast 1x a quarter. I'm 32 hours into a 72 hour fast. This is my 5th one. Ask me anything!

@Trader_Dante @AlphaMind101 I think his name was Benny Hill.

Not so long ago, I traded alongside a young man who was exceptionally good at calling the market and exceptionally poor at trading it. This phenomena is nothing new. I have seen and wrote about many traders who are the same. But I sat with this particular gentleman on several occasions and he was always vocal about what he was doing which made his behaviour all the more interesting. One day, in the twilight of a fairly long career full of promise on the one hand and unprofitability on the other, I watched him short the market, put his stop just beyond the nearest swing high and then exclaim: “now watch it take the swing high, stop me out to the tick and tank”. I laughed. Until I saw it happen and then I shrugged. Moments after price collapsed as he’d anticipated, he rejoined it short again - far lower than his first entry and with seemingly less thought. He entered a stop once more beyond an intraday high and said with a grim smile: “now watch it grind back up and take me out again before it goes”. A short time later, he had indeed stopped out, almost to the tick, only to watch it plunge once more. Hardly anytime went by before he clicked and entered the market for a third time, stop characteristically in a vulnerable position and said, in growing frustration: “here we go - watch it fuck me three times in a row”. At this point I leaned over and loath to accuse a fellow trader of being on the dreaded tilt, suggested: “if you think it’s going to your stop before it heads back down, why not enter up there?” Without missing a beat, he said: “to prove what a stupid waste of time this all is and how the market will almost always find your stops even if you’re right on the idea.” This was one of the most bizarre exchanges I’ve ever had with a trader. He seemed intent on losing to prove to himself he shouldn’t waste time trading - all whilst calling the market moves perfectly. I never did know whether this young man really did deliberately self sabotage or he believed in those trades and called for the opposite to happen to save face. But I do know he didn’t really believe in trading as a viable means to make a living, he no longer enjoyed it and he was looking for any excuse to get out of the game and do something he did. And as far as I am aware, after this exchange, he never traded again. But sometimes, when I’m sitting here at my desk, I find myself thinking of him. I’ll never forget, when that third short stopped out and the market once again moved lower, he sat there staring at it. There was a look on his face like his head had just decided what his heart couldn’t. He no longer looked frustrated. For a second he almost looked at peace.

Some Trading Quotes are meaningful, others are Inspiring, and every now and then one stays with you. There is one trading quote that I read in my early trading days that just captured me so much, that I couldn't take my mind off it. - So enamoured with it, and the profound truth contained within it, that it never left me. Years later, when I wrote my book Mastering the Mental Game of Trading, I decided to devote an entire chapter to it. - The Quote was by Ed Seykota from his Market Wizards interview, and goes, "Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money." That quote is not just limited to markets, you can apply it anywhere, even to life.

@RandyMoss I preferred shredding after Funkadelic’s One Nation Under a Groove.

Do u know how many athletes went and shredded a team after hearing this???#philis2blame

@rickygervais Because once a cunt, always a cunr.

I’m working out everyday now. Tennis, weights, running etc. My resting heart rate is really good and I train at quite a high rate too. So my question is, Why am I still fucking fat and exhausted all the cunting time?

@OldSchool80s Cold busted!

Sept 20, 1986: "The Rain" by Oran 'Juice' Jones hit #1 on the Billboard R&B chart. #80s Peaked at #9 on the Hot 100.

@AllAmerican202 Thought he was saying "Livin in the Bronx....Livin in the Bronx"

We’ve reached the mid-point and “You can’t understand a word I’m saying, can you?”…

@markminervini Dont forget to hit the Apex on the curves.

Racing the Porsche GT4RS Clubsport at Virginia International Raceway this weekend.

d c

@scrowder “Mr Blutarski: Zero point zero. Daniel Simpson Day, you have no grade point average”.

Absolutely phenomenal photo from yesterday. Drop your captions and we'll read the best one on the show today.

@OptiontradinIQ Low vol equals low premium received to option seller.

Any concerns here option sellers?

@Trader_Dante You’re missing the screen on the top right that plays the Benny Hill show.

Just me vs the markets in darkness and silence

@RedDogT3 Dude showed a serious red dog reversal

Rory can take a breath now - Congratulations

@RampCapitalLLC High implied vol

Sick to my stomach

@RedDogT3 Noonan!

Ooooooooohh

@jonnajarian That’s how i walk after i place a trade.

@Super70sSports Prince

What songs are essential for your ultimate 80s playlist? I’ll start with a few: West End Girls - Pet Shop Boys Head Over Heels - Tears for Fears Steppin’ Out - Joe Jackson

@Trader_Dante The way I approach this type of market is to scale in with small increments during each downdraft and build a position to the desired size. I always have the Benny Hill music playing in the background, and its never failed me.

When I said I was bid the ES last night, a few people seemed to assume that on such a volatile open with outright panic in the air, buying the market was akin to “gambling”. As I replied to someone last night, I’ve seen plenty of traders who will lose thousands of dollars trying to scalp a market on a quiet day, and often in a quiet period of that day, where price is barely moving at all. They’ll sit there buying the high and selling the low, getting topped and tailed on these aimless drifts, bleeding money quickly and hitting their daily limits. Yet they don’t view this as “risky behaviour” because price movement is slow and controlled. When the market picks up pace dramatically, they think stepping up to buy a rapidly declining market into an excellent level is, in comparison, “extremely risky and reckless”. I’m not here to encourage one way or the other. It’s an individual journey and it’s down to your personal risk appetite. But I can tell you that when I look back: every major opportunity I missed in those early days of my career was because I thought trades looked too “risky”. I told myself “price is moving too fast”, “my level will never hold” and then proceeded to watch what might have been, had I actually grown a pair of balls. Yes, thin markets with very low liquidity, can move insanely quickly. Yes, you have to think far quicker. And yes, if you get caught, the risks of poor fills increase exponentially with your size. I accept all that. But my personal approach to this has been to have a a plan, step up, size accordingly and hit the prices I believe have edge. This is not gambling. This is trading.

@EddyElfenbein 35% is a Crazy Eddy

5% is a dip 10% is a correction 20% is a bear market 25% is a small whirlpool -- an eddy if you will (trademarked)