Thread on the best Jesse Livermore Quotes.

Themes include:

*Managing emotions
*Patience
*Process/systems
*On Opinions and ego
*Confidence
*Learning from loss and mistakes
*Buying
*General market/group moves
*Shorting
*Market tops

https://x.com/TedHZhang/status/1898018285884457258

$NVDA $SMCI $AMD $IBIT $ARM $LABU were my top 6 biggest trades so far YTD.

Here are 3 principles I extracted after conducting a post-trade analysis:

1. Showed a profit on day one and didn't give me much pressure the subsequent days post-breakout because of follow-through buying.

2. PROPER weekly bases and setups. When you have a weekly base, the stock has gone through the proper supply and demand properties and changed in hands from weak hands to strong hands and giving the stock a greater foundation to move higher without failure and for longer.

2a. theme and/or fundamentals, sound technical setup and favorable market sentiment.

3. They were ALL pre-meditated at least the day before, but often even weeks before - some even months. Imagination and visualization are key here because when what you imagine comes to reality, it is like you've seen it already and are ready to receive it with open arms.

On the other hand, my biggest losers (still limited to <1% ROTE) saw:

1. impulsive trades called intraday; not premeditated

2. no proper weekly setup, theme and/or fundamentals

3. Often forced Trying out articles for the first time too.

https://x.com/TedHZhang/status/1777690208596578777

I believe that to be great, you have to learn to think like someone who is great.

This is why I've taken note of golden nuggets or quotes @markminervini has come out about life and markets.

Share and spread the wisdom 🔁

1/N

Life Advice: Trading Mindset/Psychology

7 Japanese Philosophies that will improve your life and TRADING:

It did for me tremendously. 1) Ikigai - This framework inspired me to pass up on Columbia Dental School for money management and finance

@dryan310 is regarded as one of the best stock trader’s of all time, but he does not have a book nor has he taught a course. I have watched all of his @IBDinvestors highlights and videos and created a David Ryan mini course.

Share🔁🔁🔁 Mindset:

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Improving the Mental Game:



4 Personality Traits of Successful Investors:



4 Key Lessons from Bill O’Neil

I am rereading the entire Market Wizard Series By @jackschwager so you don’t have to.

I will be using this thread to detail all my notes of every trader from each book. This thread will be updated as I progress through the books.

🧵Lessons from Market Wizards🧙‍♂️🔮: Key Pieces of Wisdom from Market Wizards

5000 followers! Thank you everyone for the support.

I started trading stocks when I was 19 years old.

If I were to start all over again, here are 19 pieces of wisdom I would tell my 19 year old self: 1. ALWAYS think risk-first

If you lose all your chips you can’t bet.

If you can’t bet, you can’t make money.

Everything I look at during my weekend process to gauge a sense of market direction and its breadth: 🔽 🔽🧵

Share🔁 1. @IBDinvestors newspaper Look at the #IBD50, IPOs, Stock Spotlight, General Market Trend and A/D line.

If any news headlines catch my eye related to any of the stocks that I own or am watching, I will read through them.

My process summarized:

1. Stocks in stage 2 uptrends
2. Stocks showing decreased volatility and volume drying up on the right side of bases
3. Stocks that have shown to make big runs in the past
4. Stocks with earnings and sales acceleration
5. Stocks with skyscraper volume bars 6. Stocks in the strongest industry Groups
7. Stocks with #IBD EPS Rating and RS Rating >85
8. Stocks with strong institutional sponsorship and accelerating ownership
9. Favorable general market as 3/4 stocks follow the major averages
10. Buying at the RIGHT price (pivot point)

Top Lessons of Market Wizard Ed Seykota:

He kept it sweet and simple. 1. #1 element of trading is cutting losses.

Set protective stops when entering a trade; move these stops to lock in profits as the trend continues

Top Lessons of Market Wizard Larry Hite, author of the Rule: 1. Find Asymmetrical leverage

Cap the downside and allow infinite upside

I am seeing clear divergence between some stocks and the indices particularly in #solar #biotech #chinese stocks

Master thread of these diverging stocks I am watching or own🧵: $UTHR daily and week charts. I Own.

$SCPE DA with Rocket Photonics has the potential to revolutionize personal healthcare.

Reminds me of $BFLY

The boys love it @spac_attack @MrSchofieldSPAC @velocityswings Vision/Opportunities:

$STPK [Thread DD] merging with Stem - energy storage specialist (Q1)

1. Stem focuses on battery storage systems, network integration and battery optimization

2. Important: uses AI platform called Athena for its energy storage solutions
- AI to forecast energy demanD 3. Transaction result in $608 million gross proceeds

4. Combined company value: $1.35 B and trade as $STEM

5. So many EV companies going public and coming to the markets, STEM focuses on a niche aspect of this sector (battery/energy storage)

Investor Presentation next slides⬇️

$TPGY [Thread DD] merger with @evbox - largest EV charging company in Europe

1. 190,000 charging ports in Europe

2. $225 million from a public investment in private equity (PIPE), $100 million from TPG Pace’s purchase agreement, and another $350 million in cash from its trust 3. Enterprise value of $989 million for EVBOX

Below threads contain the investor presentation from the SEC filings. I have organized it into sections