Book: Reminescence of a stock operator

The stuff that showed the strongest RS at the bottom is putting in handles at ATH’s. They’re not lagging, they already showed you who they are. Now they’re letting the 2nd tier stuff catch up. If you missed this stuff I would be putting them on focus if you are trying to position

The VIX closed beneath 20 today. Previous 5 times it hit 50, then eventually closed <20 were clues the worst was over. Only once did the S&P 500 go on to make new lows (2015/'16). Higher 3- and 12-months later every time.

I’ve missed out on more profits by ‘locking them in’ than I ever did by letting them breathe and giving some back.

I've been seeing a lot of euphoria among traders the past few days, and I honestly think it is causing a bit of panic for a lot of people who have missed moves or didn't position well in this recent run. Don't be discouraged by missing out on a run, guys! I've been there a ton

Last night, Oliver Kell shared this with me — felt like the need of the hour. In a world full of noise, it’s a solid reminder: cut the distractions, focus up, and lock in. Reminiscences of a Stock Operator mode: ON 🫡📈

things you see at the start of rallies/bull markets

My "power play" list is expanding. The next pullback could potentially set up a lot of names to buy.

Very interested to see CRWV earnings reaction. EBAY is a name that keeps popping up in my head for historical precedent. It IPO'd during the 1998 bear market, had a very deep base and then had quite the rally.

The S&P 500 is currently up more than 20% from its low just 6 short weeks ago, exactly as everyone predicted! 6 week sprints of 20% or more from the low 6 weeks ago? All we got: April 2020 Nov 1998 Nov 1974 $spx

One trade won’t make you rich. One mistake can wipe you out.

A reminder:

The bull market and epic runs are just getting started. Markets are yet to make new highs, and only a handful of the best names have. Rather than build into the best stocks, each normal market pause will have the opposite effect for most—they will worry and move to cash and

That sums it up pretty well.

every successful person i know started with a near delusional thought of knowing they will win

Few pillars I think are important if you want to trade long term: -Clearly define your why. Freedom, family, etc. -Continue learning even when you feel like you’re a genius. -Realize risk comes first, reward second. -Create a daily routine. -Focus on your health. Diet, exercise,

Successful trading is hard until you realise 95%: - Don't journal their trades - Show up without a plan - Don't bother to change their perspective on wins and losses - Don't review their mistakes 90% of learning to trade is hammering away while "nothing's happening" and

The warning from the „Economists“ has the potential to become a meme 😁 Comrades, free market works, and it works really fast.

This is why 99% of Swing traders don't make money:

AI Bubble is coming