MJflo @leveltolevel

@VigilantFox @TheChiefNerd @CollinRugg @wikileaks @TrumpWarRoom 🤦

@TimRunsHisMouth 🤡

The most powerful paradoxes of life: 1. The Failure Paradox You have to fail more to succeed more. Our transformative moments of growth often stem directly from our toughest moments of failure. Don't fear failure—learn to fail smart and fast. Never fail the same way twice.

Mind clarity is built through immersion, deep work, and reflection. The more you focus on one setup idea and reflect on various parts of the process you develop mind clarity. Mind clarity once developed eliminates problems like FOMO and over trading.

We are all students of the market and in life. Keep learning and accept all information and experiences as valuable lessons. Get curious about your so-called "failures" and say... thank you teacher. Have a great weekend!

The Continuous Journey of Trading Improvement: Insights from Qullamaggie youtube.com/watch?v=rZKGaj… Monthly Reflections: The Power of Review Qullamaggie starts by highlighting his practice of reviewing his trades every month, focusing on "the most notable mistakes." This is a powerful habit. By regularly reviewing your trades, you can identify patterns in your mistakes and areas for improvement. It's not about beating yourself up over errors but understanding them to avoid repetition. The Cost of Missed Opportunities It's not just about the trades you make; it's also about the trades you don't. Qullamaggie points out the "five-star setups" he missed, either due to sizing issues or overlooking them entirely. Remember, every missed opportunity has a cost. Being aware of these missed chances can help you refine your strategy and stay alert in the future. The Compound Effect of Mistakes One of the most striking insights from Qullamaggie is the realization that by minimizing or eliminating his top five mistakes each month, he could have increased his profits by "50 to 100 more money." This underscores the compound effect of mistakes. It's not just about the immediate loss but the potential gains that were left on the table. The Pursuit of Perfection: A Work in Progress No trader is perfect. As Qullamaggie rightly points out, "every month I try to make fewer mistakes, and it's always a work in progress." This is a crucial mindset. Trading isn't about achieving perfection but continuous improvement. It's about making fewer mistakes this month than you did the last and refining your strategy with each trade. Embrace the Journey Lastly, Qullamaggie touches on the essence of trading: "that's what makes trading fun because there's always improvements to make." Trading is a journey, not a destination. It's a continuous process of learning, adapting, and growing. Embrace the journey, celebrate the wins, learn from the losses, and always strive to be better. In conclusion, take a page out of Qullamaggie's book. Regularly reflect on your trades, be aware of both your mistakes and missed opportunities, and approach trading as a continuous journey of improvement. The market will always be there, offering lessons and opportunities. It's up to you to seize them, learn, and grow. Happy trading!

Every successful trader is a product of 5-10 years of hard work, failure and experience.

@GuyDealership I’m a junk car buyer/recycler and volume has been picking up for me.

See what I tell you guys... Journaling will take you to the next level... But because you’re a lazy fucks and won’t do the work… you’re not gonna get the results. DO THE WORK. GET OFF YOUR ASS STOP FUCKIN AROUND

Stocks are following through to the downside today from a pullback that started a couple weeks ago. Volatility is picking up and there is more damage occurring beneath the surface than the indexes are revealing. It's been an exceptionally volatile earnings season with many stocks gapping on news. Be on the lookout for names that hold up best during this correction and are first to emerge from sound bases for new buying opportunities. We are not yet out of the woods. Short term I'm cautious, longer term bullish. minervini.com

Mark Minervini @markminervini

3 years ago

Market reversed off the highs and the $SPY is putting in a bearish engulfing "outside day." During a correction, it's normal for the market to start off strong and end the day weak. That's one of the signs that the correction has not yet run its course and there may be more

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As I mentioned yesterday, Discretionary Trading is all about reconciling opposing ideas! That’s the game! You'll rarely come across a trade setup where everything is lined up and supporting the trade idea. Remember, it's a game of probabilities and a 100% setup doesn't exist 🦄

Good luck with that.

@eminiplayer Thank you! one day I will be nailing them 9R trades like @rfdeluxe

I don't think it's likely it will play out exactly like before, but conceptually this bottom may resemble the 1990 bottom, where the market looks poised to breakout, but instead we get some volatility or a final "shakeout" that weeds out the last of the bulls before a new uptrend really gets traction. I also wouldn't rule out a breakout from here where investors lock themselves out of the market due to worry over the debt ceiling. That's why it's important to let the market dictate your posture, bending and adjusting to the trend while never digging in with a rigid opinion. In 1990, few believed the rally was for real, and many where left waiting for a pullback that never occurred until the market had already moved significantly.

@TheRealOutlaw1 @MattyDanko Kudos to you @MattyDanko for making the Sacrifice to get up at 5am!! Your results have definitely changed for the better since you did.

@TheRealOutlaw1 @MattyDanko Excellence or nothing! I forgot to record this session once again. We have such a good flow in our conversations, deep with a lot of principles and learnings. Next time maybe I will record and save a few clips to post for others developing still to learn from.

@eminiplayer Wise reminder for a more challenging environment. 🙏

Formulating new strategies is not just about finding a high win rate sequence. It is also about the distribution within those odds. What do I mean? If you strategy has 50/50 odds but looks like the following, there can be no risk management approach to solve it:

"Understand a trade usually starts from a daily pattern, the execution happens on an intraday basis. You are trading the daily expectation through the intraday structure." - @TheShortBear