It's a problem solving problem --- a thread 🧵--- 1/n In the post below, Dr Brett Steenbarger writes traders make the "cognitive mistake (of trading) patterns or "setups" without truly understanding how their market is behaving". x.com/steenbab/statu…

Only twice has QQQ ever gapped open >3% lower and closed >3% higher on the day: 27 April 2000 3 Aug 2000 interesting isn't it.

BEST PRACTICES ON PNL HOLES: Common Q asked of me on twtr. Simplified for brevity / twtr consumption. 1. Cliche but true - best way out of hole? STOP DIGGING! Cut daily limit or shutdown until clear-headed. Immense strong emotion to “bet bigger & make back”. MUST FIGHT THIS!

Holger Zschaepitz History of the 10 year Treasury

1/n How A New Trader Cut the Learning Curve To Reach Success In Rare Time Great insights if you are on the path to reaching consistent profitability Interview with now full-time trader, Corin (Aus) // Thread 🧵//

Here's what happened today. A large net sale crushed the futures MOC. While certainly not the only seller. This fund has a structure that is a a stupid as can be and regularly results in dislocations in markets that $JHEQX absorb for no edge

STOX Aaand here we go. #secretSTOX

"yo eleven"... here are days over the past decade that both QQQ and TLT fell by 1.5% or more on same day (11 times, 8 of which are post pandemic). If we set the bar higher, at 2% threshold, you have just 4 times, one of which is today. "Equities are short the straddle on rates"

At this point most of those operating in, or following the world of global finance, have seen some version of this "Chart of Truth" (Raoul Pal) where the US 10Yr yield has poked its head above the top of its 40 year channel. Where it goes from here, I don't know...

SO true the big trend day didn't start in earnest until 11am yesterday. Plenty of time to see that the semi RS was just an over reaction to get AMD shaken out and others into resistance right, while AAPL MSFT pointed the way.

HKEX: Eligibility Criteria for the Inclusion of ETFs in Stock Connect. #HongKong #China #ETFs hkex.com.hk/News/News-Rele…

🇨🇳What to watch about #China next week(GMT): [Monday] 1:30 May Industry profits y/y growth 2:00 Press conference on logistics by State council [Tuesday] Oil product price adjustment [Thursday] 1:30 China official PMIs [Friday] 🇭🇰Xi attends HK anniversary, HK market halts

Listed #Macau casino operators are falling collectively. Macau shut all its casinos for the first time in more than two years on Monday. The city reports 59 new cases. 🇲🇴

Switzerland and China on Thursday launched the Swiss leg of a joint platform for stock listings and trading, part of a project launched in 2019 by Swiss exchange SIX and the Shanghai and Shenzhen Stock Exchanges. #Switzerland #China #StockMarket $CNH reuters.com/business/finan…

APAC equities rundown in a meme!

Higher prices bring out buyers. Lower prices bring out sellers, size opens eyes. Time kills trades. When they're cryin' you should be buyin'. When they're yellin' you should be sellin'. Takes years for people to learn those basics, if they ever learn them at all. Larry McCarthy

True Story - working for my Dad’s brokerage firm, October 19, 1987 Me: “I need to sell x shares of IBM” Trader: “$98 bid” Me: “My machine says $119” Trader: “Well, sell it to your machine then.”

22 years trading. Here are some of the most important things I've learnt (Part 1/2):

From a recruiting perspective, Inside ND Sports gives three takeaways on #NotreDame’s offensive coordinator hire of Mike Denbrock away from #LSU and its impact on Irish efforts on the recruiting trail. Story: notredame.rivals.com/news/what-mike…