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Most recents (15)
The crypto economy is already beginning to shape and change the future of work.
Let's dive into 5 earning models that will take shape.
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Let's dive into 5 earning models that will take shape.
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1. The Creator
We're already seeing how NFT's are changing the way we view art and music.
The distribution of virtual and physical properties by creators is fundamentally changing.
For example, the rapper Nas just sold the royalty rights to two of his songs as NFT's.
We're already seeing how NFT's are changing the way we view art and music.
The distribution of virtual and physical properties by creators is fundamentally changing.
For example, the rapper Nas just sold the royalty rights to two of his songs as NFT's.
Platforms like SuperRare give enormous creative freedom to artists.
The most exciting part is we're only starting to scratch the surface of what is possible.
This is the time for artists both big and small to shine.
Top platform: superrare.com
The most exciting part is we're only starting to scratch the surface of what is possible.
This is the time for artists both big and small to shine.
Top platform: superrare.com
What is the one piece of advice you have for anyone wanting to mentor aspiring writers?
I asked this question to the mentors of @david_perell's Write of Passage course.
Here is what they said
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I asked this question to the mentors of @david_perell's Write of Passage course.
Here is what they said
🧵👇
@david_perell @artank "Writing is a subjective task, but most writers share similar struggles."
a) Empathize w/ the pain
b) Share personal anecdotes
c) Provide step-by-step of how you overcame these
d) Provide actionable challenges students can do on the spot to start tackling these
@_juliettech
a) Empathize w/ the pain
b) Share personal anecdotes
c) Provide step-by-step of how you overcame these
d) Provide actionable challenges students can do on the spot to start tackling these
@_juliettech
Throughout my life, the term time is money never resonated with me.
Now in my forties, time is the most valuable asset I have.
Here is how thinking like a Time Billionaire will make you rich beyond your wildest dreams.
Now in my forties, time is the most valuable asset I have.
Here is how thinking like a Time Billionaire will make you rich beyond your wildest dreams.
So what is a time billionaire?
I first heard the term on the @tferriss podcast featuring @GrahamDuncanNYC.
1 billion seconds = 31.7 years
We live an average of 79 years.
If you're 47 or younger, you're a time billionaire. You likely have 1 billion seconds left.
I first heard the term on the @tferriss podcast featuring @GrahamDuncanNYC.
1 billion seconds = 31.7 years
We live an average of 79 years.
If you're 47 or younger, you're a time billionaire. You likely have 1 billion seconds left.
@tferriss @GrahamDuncanNYC If you're 20, there's a chance you're a multi-time billionaire.
Time billionaire > Dollar billionaire
Dollar billionaires are overvalued
Time billionaires are undervalued.
H/T @joe_portsmouth
Let's begin
Time billionaire > Dollar billionaire
Dollar billionaires are overvalued
Time billionaires are undervalued.
H/T @joe_portsmouth
Let's begin
I reached out to 12 of my favorite traders and asked them:
What is the one thing you would change about your approach to trading when you first started out?
Here are their answers 🧵👇
What is the one thing you would change about your approach to trading when you first started out?
Here are their answers 🧵👇
1. Brian Shannon, CMT
"I really wouldn't change much. There are things I wish I knew but I tend to learn best the hard way and all my greatest lessons are from taking losses and market experience."
@alphatrends
"I really wouldn't change much. There are things I wish I knew but I tend to learn best the hard way and all my greatest lessons are from taking losses and market experience."
@alphatrends
@alphatrends 2. Chris Perruna
"Having more patience with my high conviction ideas, as they start to work out.
Too many times I sold for a nice gain, only to see the stock go on to double my original profit.
Let winners run until they give you a real reason to sell."
@cperruna
"Having more patience with my high conviction ideas, as they start to work out.
Too many times I sold for a nice gain, only to see the stock go on to double my original profit.
Let winners run until they give you a real reason to sell."
@cperruna
There isn't a roadmap to life, but there are things you should do to ensure a smooth transition into your fourth decade.
10 actions I would encourage my 20-year-old self to do by my 30th birthday
Time for a thread 🧵👇
10 actions I would encourage my 20-year-old self to do by my 30th birthday
Time for a thread 🧵👇
1. Open up a 401K or IRA 💰
Thinking about retirement in your 20's seems like a waste of time.
We've all seen the graphs of investing in a retirement account at 25 verse 30 or 35.
The difference can be hundreds of thousands of dollars. Maybe even millions.
Thinking about retirement in your 20's seems like a waste of time.
We've all seen the graphs of investing in a retirement account at 25 verse 30 or 35.
The difference can be hundreds of thousands of dollars. Maybe even millions.
2. Work on your credit score 💳
I made the mistake early in my 20's, I stopped paying the balance on my Discover card. BIG mistake. This blemish on my credit score haunted me for years.
Find out what your credit score is and work on ways to build up your credit.
I made the mistake early in my 20's, I stopped paying the balance on my Discover card. BIG mistake. This blemish on my credit score haunted me for years.
Find out what your credit score is and work on ways to build up your credit.
There are many lessons I have learned over the years building businesses and my personal monopoly.
Here are the top 10 lessons that have transformed my life and willl do the same for you.
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Here are the top 10 lessons that have transformed my life and willl do the same for you.
👇🧵
1. Don't Settle For Second Best
I keep high standards for everything I do. It might be a more expensive path, but ultimately, I don't short-change myself.
I keep high standards for everything I do. It might be a more expensive path, but ultimately, I don't short-change myself.
2. Knowing Where To Invest Your Time
I find it best to spend the time doing the things I love and on what I am passionate about. Looking back, the goals I failed at were not from a lack of trying but from a lack of passion.
Love what you do.
I find it best to spend the time doing the things I love and on what I am passionate about. Looking back, the goals I failed at were not from a lack of trying but from a lack of passion.
Love what you do.
Counting Elliot Waves
When starting out, I like to start with a blank clear chart. I like Japanese candles but bar charts are fine.
I then label my swing high and low levels. This helps me find my prior pivot points or levels of interest from the past.
🧵👇 #PupThread
When starting out, I like to start with a blank clear chart. I like Japanese candles but bar charts are fine.
I then label my swing high and low levels. This helps me find my prior pivot points or levels of interest from the past.
🧵👇 #PupThread
Next, I look for patterns. Sometimes it helps to switch to a line chart if no patterns are popping off the page.
Some of my favorite patterns to identify are:
• Head & Shoulders
• Cup & Handle
• Wedges
• Flags
• Triangles
• Diagonals
Some of my favorite patterns to identify are:
• Head & Shoulders
• Cup & Handle
• Wedges
• Flags
• Triangles
• Diagonals
Then I look at my waves. Is there any identifiable impulse 5 wave move up or declining 3 wave move down?
Once these are identified, I start to mark up the chart based on what I see.
Once these are identified, I start to mark up the chart based on what I see.
We all seek a meaningful life.
Here are some rules to live by
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Here are some rules to live by
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Put Family & Friends First.
Never forget who was by your side when times were tough. Make sure you reciprocate the love.
Never forget who was by your side when times were tough. Make sure you reciprocate the love.
Invest In Yourself.
Investing can come in many forms.
• Read a book
• Take a course
• Hire a mentor
• Explore the world
• Get out of your comfort zone
The return on investing in yourself is immeasurable.
Investing can come in many forms.
• Read a book
• Take a course
• Hire a mentor
• Explore the world
• Get out of your comfort zone
The return on investing in yourself is immeasurable.
We all seek a meaningful life.
Here are some rules to live by
🧵👇
Here are some rules to live by
🧵👇
Put Family & Friends First.
Never forget who was by your side when times were tough. Make sure you reciprocate the love.
Never forget who was by your side when times were tough. Make sure you reciprocate the love.
Invest In Yourself.
Investing can come in many forms.
• Read a book
• Take a course
• Hire a mentor
• Explore the world
• Get out of your comfort zone
The return on investing in yourself is immeasurable.
Investing can come in many forms.
• Read a book
• Take a course
• Hire a mentor
• Explore the world
• Get out of your comfort zone
The return on investing in yourself is immeasurable.
Here are some ways to screen for stocks.
I use @TrendSpider but if you don't have a screener in your trading software, you can use FinViz for free.
#PupThread
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I use @TrendSpider but if you don't have a screener in your trading software, you can use FinViz for free.
#PupThread
🧵👇
@TrendSpider 1/ Why screen for stocks?
This is one of the best ways to catch a stock before it's about to move. Having a repeatable screen that you use is a defined edge in trading.
This is one of the best ways to catch a stock before it's about to move. Having a repeatable screen that you use is a defined edge in trading.
@TrendSpider 2/ When looking for stocks, the goal is to find those true market leaders right before or right as they are about to move.
Let's take a look at some ideas to screen for below 👇
Let's take a look at some ideas to screen for below 👇
CAN SLIM was developed by Investor's Business Daily founder William O'Neil.
Current Earnings
Annual Earnings
New Product
Supply & Demand
Leader or Laggard
Institutional Sponsorship
Market Direction
🧵👇 #PupThread
Current Earnings
Annual Earnings
New Product
Supply & Demand
Leader or Laggard
Institutional Sponsorship
Market Direction
🧵👇 #PupThread
1/ Key Takeaways
- The CANSLIM method looks for stocks with high growth potential.
- Must meet the 7 CANSLIM criteria
- Buy stocks in bases and attempts to cut losses short and let profits run
- Buy stocks before large institutional buying
- The CANSLIM method looks for stocks with high growth potential.
- Must meet the 7 CANSLIM criteria
- Buy stocks in bases and attempts to cut losses short and let profits run
- Buy stocks before large institutional buying
2/ Here are some rules from William O'Neil
- Don't buy cheap stocks. Avoid stocks under $15
- Respect the CANSLIM rules
- Leave your ego at the door, the market doesn't care
- Don't buy bottoms or average down
- Cut losses at 7-8%
- Have specific sell rules
- Don't buy cheap stocks. Avoid stocks under $15
- Respect the CANSLIM rules
- Leave your ego at the door, the market doesn't care
- Don't buy bottoms or average down
- Cut losses at 7-8%
- Have specific sell rules
Every trader wants to be profitable, but not everyone is willing to put in the time and effort to get there.
Here are 11 concepts to master that will help get your there faster.
🧵 👇🏼 #PupThread
Here are 11 concepts to master that will help get your there faster.
🧵 👇🏼 #PupThread
1/ Position Size
This is the most important aspect of managing risk. Each trader must determine what is their best position size for each trade.
Consider the individual stock, the market conditions, & what the sector is doing.
My max PS is 10-12% of my account.
#PositionSize
This is the most important aspect of managing risk. Each trader must determine what is their best position size for each trade.
Consider the individual stock, the market conditions, & what the sector is doing.
My max PS is 10-12% of my account.
#PositionSize
2/ Risk Management
Before entering a trade, I will always determine the risk to reward ratio. I never enter a trade unless I can make $3-$4 for every dollar I risk. 3:1 or 4:1.
By defining your risk upfront, you remove the potential for massive losses.
#RiskManagement
Before entering a trade, I will always determine the risk to reward ratio. I never enter a trade unless I can make $3-$4 for every dollar I risk. 3:1 or 4:1.
By defining your risk upfront, you remove the potential for massive losses.
#RiskManagement
💡 Trading In The Zone by Mark Douglas cost me $9.99 for the kindle version.
In reality, it's saved me tens of thousands of dollars.
Find out how in this thread👇🏼👇🏼🧵
In reality, it's saved me tens of thousands of dollars.
Find out how in this thread👇🏼👇🏼🧵
1/
CONSISTENT WINNERS
THINK DIFFERENTLY
➤ The trading process is different
than anything you’ve ever learned
➤ Consistent winners think
differently from everyone else
➤ 90-95% of the traders can’t make
consistent profits
➤ How can we master this?
read on...
CONSISTENT WINNERS
THINK DIFFERENTLY
➤ The trading process is different
than anything you’ve ever learned
➤ Consistent winners think
differently from everyone else
➤ 90-95% of the traders can’t make
consistent profits
➤ How can we master this?
read on...
2/
BEING IN THE “ZONE”
➤ Market analysis is not the
solution
➤ Your attitude matters
➤ Proper Mindset > Market
Analysis
➤ The right tools matter
➤ Address your conflicts
BEING IN THE “ZONE”
➤ Market analysis is not the
solution
➤ Your attitude matters
➤ Proper Mindset > Market
Analysis
➤ The right tools matter
➤ Address your conflicts
Jockos 10 Rules To Crush Your Life
John Gretton "Jocko" Willink is an American author, podcaster, and retired United States Navy officer who served in the Navy SEALs and former member of SEAL Team THREE.
#Ship30For30
👇🏼🧵
John Gretton "Jocko" Willink is an American author, podcaster, and retired United States Navy officer who served in the Navy SEALs and former member of SEAL Team THREE.
#Ship30For30
👇🏼🧵
Whenever I am feeling down, unmotivated, or just plain self-hating on myself. I look for a quick Jocko hit. He holds no punches, he's extreme. He's not going to pat you on the head and tell you it's ok. Take Extreme Ownership.
1. ATTACK
When things are going bad, don't get bummed out, startled, or frustrated.
If you can say the word good, it means you're still alive.
If you're still breathing, you still have fight left. Get up & dust off. Reload, recalibrate & reengage.
Go out on the ATTACK!
When things are going bad, don't get bummed out, startled, or frustrated.
If you can say the word good, it means you're still alive.
If you're still breathing, you still have fight left. Get up & dust off. Reload, recalibrate & reengage.
Go out on the ATTACK!
10 Steps To Charting
Every trader has a different process when they chart, in this thread, I go through the steps I follow when looking for the next killer trade.
I use the @TrendSpider platform for my charting process.
Every trader has a different process when they chart, in this thread, I go through the steps I follow when looking for the next killer trade.
I use the @TrendSpider platform for my charting process.
1. Time Frames - Start on a higher time frame. Check the monthly if data allows, but the weekly should suffice. Then work your way down the chart time frames.
2. Price History - If you have a stock that has price history, look left. If the price is below past highs, these will be areas of interest to watch.
