🐻This is where every shortseller tries to decide if he should add to winner (on the bounce into trendline) , take profits, or start shitting his pants.
🐂This is where every Bull bagholder decides if he should sell for small loss or hope for squeeze
@__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
@__shaka_zulu__ 🏈 $LIONSQ is squeezing the fuck out of us 😩. hoping for the late day fade setup to kick in in the final quarter
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" ?
😂You 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 🏈season 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