Peter Brandt
Aspiring traders who might want to give up another career journey to become a career trader.........
LISTEN TO ME PLEASE
The odds of you making it to the level of your fantasy is 1 in 100, maybe 1 in 50. Of course you all think you are the ONE in the equation.
These are not the odds I would choose. These odds are too long.
So, instead, pursue your other career. Be the best at it you can be. Be your employer's best employee.
Save as much money as you can. Live cheaply. Drive used cars.
Get married -- marriage is good. Have kids. They will teach you patience.
With your savings, put 50% in SPY every month and hope the market collapses. Keep buying.
Put 25% into an account to play with as a hobby. Learn futures. Start slowly. At first, learn how to not lose. Being a good loser is 80% of the solution. As you learn how to make money without losing what you make, then your journey as a market speculator can begin. Keep track of the RORs of your individual trades. Record them. I offer a spreadsheet to my community to keep track of important data.
Keep good metrics. Once you have traded for one or two years with a Profit Factor >2.0, some Kurtosis (>3.0) and a possible skew, then you might consider scaling up your sizing. And that might then lead you back to trading as a career using an approach that has already proven itself to you.
Anyway, that is my advice. Take it for what it is worth.
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Aspiring traders who might want to give up another career journey to become a career trader.........
LISTEN TO ME PLEASE
The odds of you making it to the level of your fantasy is 1 in 100, maybe 1 in 50. Of course you all think you are the ONE in the equation.
These are not the odds I would choose. These odds are too long.
So, instead, pursue your other career. Be the best at it you can be. Be your employer's best employee.
Save as much money as you can. Live cheaply. Drive used cars.
Get married -- marriage is good. Have kids. They will teach you patience.
With your savings, put 50% in SPY every month and hope the market collapses. Keep buying.
Put 25% into an account to play with as a hobby. Learn futures. Start slowly. At first, learn how to not lose. Being a good loser is 80% of the solution. As you learn how to make money without losing what you make, then your journey as a market speculator can begin. Keep track of the RORs of your individual trades. Record them. I offer a spreadsheet to my community to keep track of important data.
Keep good metrics. Once you have traded for one or two years with a Profit Factor >2.0, some Kurtosis (>3.0) and a possible skew, then you might consider scaling up your sizing. And that might then lead you back to trading as a career using an approach that has already proven itself to you.
Anyway, that is my advice. Take it for what it is worth.
tweet
X (formerly Twitter)
Peter Brandt (@PeterLBrandt) on X
Aspiring traders who might want to give up another career journey to become a career trader.........
LISTEN TO ME PLEASE
The odds of you making it to the level of your fantasy is 1 in 100, maybe 1 in 50. Of course you all think you are the ONE in the equation.…
LISTEN TO ME PLEASE
The odds of you making it to the level of your fantasy is 1 in 100, maybe 1 in 50. Of course you all think you are the ONE in the equation.…
jesse.base.eth
RT @Creative0ffice: To mark Base's stage 1 decentralization, the Creative Office produced a process-driven artwork that captures the shift from centralized to a global onchain community, using generative systems to reflect that evolution. https://t.co/m1eucyou0N
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RT @Creative0ffice: To mark Base's stage 1 decentralization, the Creative Office produced a process-driven artwork that captures the shift from centralized to a global onchain community, using generative systems to reflect that evolution. https://t.co/m1eucyou0N
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X (formerly Twitter)
Creative Office (@Creative0ffice) on X
Creative Office is the team shaping the visual ID of @Base. Our work sits between cultural research, symbolic language, and onchain experimentation
Michael Saylor
Join our livestream for a discussion of Q1 financial results — including a review of $MSTR, $STRK, $STRF, and Convertible performance; a tutorial on our BTC metrics, models, and methods; and key @Strategy insights no investor should miss.
https://t.co/0sDLmOLca9
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Join our livestream for a discussion of Q1 financial results — including a review of $MSTR, $STRK, $STRF, and Convertible performance; a tutorial on our BTC metrics, models, and methods; and key @Strategy insights no investor should miss.
https://t.co/0sDLmOLca9
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X (formerly Twitter)
Strategy (@Strategy) on X
Strategy (NASDAQ: MSTR, STRK, STRF) is the world's first and largest Bitcoin Treasury Company and leading provider of AI + BI software
Dennis Porter
RT @JeffWeninger: Arizona’s HB2749 passed the AZ House & Senate with overwhelming bipartisan support and is on the Governor’s desk. This groundbreaking bill protects unclaimed crypto and creates the 1st US Bitcoin reserve. No tax dollars needed! Arizona is a leader in crypto. #Bitcoin #Arizona 🪙
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RT @JeffWeninger: Arizona’s HB2749 passed the AZ House & Senate with overwhelming bipartisan support and is on the Governor’s desk. This groundbreaking bill protects unclaimed crypto and creates the 1st US Bitcoin reserve. No tax dollars needed! Arizona is a leader in crypto. #Bitcoin #Arizona 🪙
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X (formerly Twitter)
Jeff Weninger (@JeffWeninger) on X
Husband, Dad, Small Business Owner, Former AZ Republican State Representative Legislative District 17
ЦИФРОВОЙ ПОТОК [DRiver]
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toly 🇺🇸
RT @milesjennings: The SEC’s 2021 token safe harbor proposal introduced control-based decentralization.
Today, we proposed steps to bolster it—enabling progressive decentralization while preventing get-rich-quick schemes.
Key Premise: Expand market access as risks of info asymmetries decline. https://t.co/jZhzmJqcHX
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RT @milesjennings: The SEC’s 2021 token safe harbor proposal introduced control-based decentralization.
Today, we proposed steps to bolster it—enabling progressive decentralization while preventing get-rich-quick schemes.
Key Premise: Expand market access as risks of info asymmetries decline. https://t.co/jZhzmJqcHX
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Peter Brandt
Discussion of how I trade after 50 years
I swing trade the charts of futures contracts
I enter two or so trades per week
I enter/change orders only after the markets close at 5 PM Eastern
I do not enter orders any other time of day
I am out of losers within three days
I carry winners for about two to three weeks
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Discussion of how I trade after 50 years
I swing trade the charts of futures contracts
I enter two or so trades per week
I enter/change orders only after the markets close at 5 PM Eastern
I do not enter orders any other time of day
I am out of losers within three days
I carry winners for about two to three weeks
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Ansem 🦋
RT @d_gilz: The best part of unemployment is realizing when you miss your parents you can just fly home to see them whenever you want
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RT @d_gilz: The best part of unemployment is realizing when you miss your parents you can just fly home to see them whenever you want
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X (formerly Twitter)
David 🏹 (@d_gilz) on X
Falling up
ЦИФРОВОЙ ПОТОК [DRiver]
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Ansem 🦋
RT @Fapital3: he changed his name to lexapro trader
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RT @Fapital3: he changed his name to lexapro trader
Can somebody tag Lil Ice? Need to see what he up to 30 yrs later. What yall think? 👀 😅 https://t.co/qxcryUZk3G tweet
Mike Novogratz
The Dem party is making a grave error with David Hogg. We need a new generation of leaders with a vision not more far left populism.
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The Dem party is making a grave error with David Hogg. We need a new generation of leaders with a vision not more far left populism.
James Carville does not back down while debating DNC Vice Chair David Hogg's 20 million dollar strategy to primary Democrats:
Tara Palmeri: "You've [James Carville] said that members of the DNC should sue him for doing this, since David is a member of the party leadership."
James Carville: "I think it is abominable that an official of a political party that is being paid or supported by that political party to go out and raise money to defeat members of the same party. I think that's jackassery of the highest level.
I'm going to tell you right to your face: I think it's abominable that you have anything to do with the DNC."
Democrat voters: 'Stop anointing your preferred candidates. Let the voters make decisions via the Democratic process'
DNC: 'We hear you loud and clear, which is why we're putting our thumb on the scale.' tweet
X (formerly Twitter)
Eric Abbenante (@EricAbbenante) on X
James Carville does not back down while debating DNC Vice Chair David Hogg's 20 million dollar strategy to primary Democrats:
Tara Palmeri: "You've [James Carville] said that members of the DNC should sue him for doing this, since David is a member of the…
Tara Palmeri: "You've [James Carville] said that members of the DNC should sue him for doing this, since David is a member of the…