The LARGEST fucking comeback in NFL history. Stop sleeping on my Vikes!! chart looks like the 1pm #bloodbath setup and the #ThuFriRule setup had a baby.
@__shaka_zulu__ This is some bullshit. That turnover is gonna cost us this game. how the fuck do you fumble on 1st and goal with THREE fucking yards to go
To maximize accuracy (win rate), you must wait for confirmation.
Confirmation means that you're letting the smart money move the trade in your favor (or stop the momentum) BEFORE u commit size.
This automatically means that u'll have to enter a bit "late". cant have both
To maximize profits (high reward) aka capture the majority of the move's range, you have to get in BEFORE the move starts (when no one wants the stock).
This automatically means that u must risk getting stopped out early by MMs or being wrong on ur thesis (since no confirmation)
High Spatial IQ will help you learn trading faster ONLY because it'll help you recognize patterns faster. But that's about it. Once you learn how to trade, high spatial IQ is useless.
High overall IQ can actually buttfuck u in trading b/c:
1) it'll make u overcomplicate trading
2) the ego that comes with high IQ will make it harder for u to manage risk, since smart ppl hate admitting that they're wrong. So they refuse to stop out or they revenge trade a lot
Ive taught many ppl how to trade, and ironically the smartest tended to struggle the most, because they were just too stubborn to keep things simple or stick to the plan. Meanwhile the low IQ motherfuckers tended to perform better b/c they just executed. No overanalyzing BS
There are many ways to know that u're not betting against the house (smart money). The simplest one is to use common sense. Example if a low float trash stock gaps up 100% on BS news, with no pullback, & a ton of buying volume comes in at the very TOP, who do u think is buying?
You think the smartest people in the market see a piece of shit stock literally one foot away from getting delisted gap up 100% on crap news and think "yeah this is a great buy. Dear broker, fill me in at the very top please" ?
Or let's use large caps / options as an example. Do u think the smartest money in the market see a LC stock that's been selling off for multiple days in a row out of pure irrational and think "yeah, that's a great place to start shorting or exit my long position" ?
πYou mischievous little cunts!! A bud sent me this and I damn near spit out my quinoa smoothie. No I didn't blow up, oh ye of little faith. You need an IQ of 13 and fetal exposure to spoiled shrooms to blow up doing credit spreads.
Im in the middle of a 3 month $TWTR break that's supposed to end in september (football season). We were at the half year mark (june) and I already hit 50% completion of 2022 trading goals, but was way, WAY behind on 2022 family (vacations & travels), fitness, and business goals.
And by Sept I need to be at least 75% done with all 2022 goals before πseason starts, so that I can relax & turn on cruise control into year end. And each time im behind on goals I just temporarily cut out all low ROI activities, and tweeting to u fuckers is definitely 1 of em
1/2 My hopes for the overall market $SPY going into next wk
I want to short puts again (bullish play), because some reversal factors have lined up, EXCEPT for the most important one.... retail has not aggressively bought puts yet going into next week (they're not scared enough)
2/2 And as a contrarian, I have to be patient and wait for dumb money to position themselves first. So I'm sitting on the sidelines hoping that we get a massive selloff (or gap down) to break retail's confidence, instigate a panic, & force them to buy puts at inflated premiums
when they do, the ADF shop will be there to sell them all the goddamn puts they want lol.
if we bounce instead in the next few days (without a panic selloff 1st), then i'll just miss the bounce play & just wait for the next setup (long or short). Patience grasshopper, patience.