Thinking of @TaPlot today. Still can't wrap my head around not having him around here, or knowing how he's really doing. Back in my IBD Meetup era, our virtual sessions together were some of the best trading camaraderie I've had. Kindred spirit — same VCP discipline, same clean-chart approach, even our X bios could've been swapped. He had his bikes, I had aviation, but we both just loved speed. Wishing you the best out there, brother. Not a day goes by I don't think about you. Miss you, man. 🙏

An unforgettable conversation with Captain Smit, filled with pride and emotions.

I hope @TaPlot comes online soon. I have personally messaged him and have not heard anything. If anyone else has any news please share and update all of us.

JUST 10-DAYS AWAY! Looking forward to seeing you in Myrtle Beach for our annual Minervini Member's Gala. If you have not yet registered, contact our office at 917-268-1800 or email my assistant Bob at bob@minervini.com - SEE YOU SOON! This event should not be confused with the FREE workshop open to the public the next day - October 11 - which is sold out.

Elon Reeve Musk is single-handedly responsible for making EVs viable, he’s going to space, providing internet to impossible areas (like my airstream on my burned lot). As an unrepentant capitalist, he’s done more tangible good for us than every socialist politician combined.

Even though I know this won't satisfy everyone. I'm hoping this will at least make enough sense that those of who are intelligent and truly objective will have a chance at seeing the reality of markets and pricing efficiency. Let’s take the AI argument all the way to a logical conclusion. The claim is that AI can process more information than any human, analyze every relevant variable, eliminate emotion, learn from enormous amounts of historical data, test millions of possibilities, and ultimately make better trading decisions than a human ever could. Fine. For the sake of argument, let’s assume all of that is true. It's perfect, or at the very least, much better than us as humans trading. Let’s assume you can give AI the proper information, the proper objectives, the proper constraints, and enough data, and it can optimize a trading strategy to near perfection. No fear. No greed. No hesitation. No fatigue. No ego. No emotional mistakes. Just mathematically optimal decisions. Now ask yourself the obvious question: Who wouldn’t use it? If AI really provides that kind of advantage, every serious professional trading operation is going to use it. Hedge funds, proprietary trading firms, market makers, institutions—anyone responsible for a meaningful amount of trading volume—is going to employ increasingly sophisticated algorithms and AI models. And that creates a paradox many refuse to acknowledge. If everybody has access to increasingly intelligent systems, and those systems are all analyzing essentially the same market, the same prices, the same volume, the same economic data, the same earnings reports, the same news, and increasingly similar alternative datasets—what happens when they all become “perfect”? Where does the advantage come from? If two tennis players were literally identical in skill, speed, strength, strategy, stamina, and execution—and neither one ever made an error—how does one consistently beat the other? He doesn’t. It would be a tie. Trading is no different. For someone to generate alpha, there must be some form of inefficiency, informational advantage, analytical advantage, tactical superiority, behavioral advantage, execution advantage, or simply a difference in how information is interpreted. I've heard comparisons made to chess. Markets are not chess. Not even close. Chess is a closed system. Which makes it a terrible analogy for comparison. The rules are fixed. The board is visible. The pieces are known. The possible moves are defined. There is no surprise inflation report halfway through the game. The queen doesn’t suddenly announce an earnings miss. Interest rates don’t change while you’re deciding whether to move your bishop. There is always a right and wrong move. The stock market is an open, adaptive, probabilistic system operating on incomplete information. There often is no single mathematically “correct” move because the answer depends on an outcome that has not happened yet. AI can calculate probabilities faster than I can. It can process more information than I can. It can recognize relationships I might never see. But it cannot turn uncertainty into certainty. And here is the ultimate contradiction in the “AI will perfect trading” argument: The more universally effective a trading edge becomes, the more capital attacks it—and the more that edge gets arbitraged away. Markets adapt. The whole argument against breakout trading is it doesn't work as well as it did because too many people are using it. Well, why wouldn't that same argument be made for AI, which ultimately would be applied in a much more universal, consistently predictable manner than humans applying breakout trading. Even Jim Simmons understands this, and that understanding is why he is successful. That's why he as admitted to manually monitoring and changing his models routinely. And that humans can override his models at the risk level. If humans are constantly testing, changing and overriding the AI models - based on their findings - then AI is a tool, not a solution, and certainly not autonomous. In his TED interview, Jim Simons said: “These things fade after a while; anomalies can get washed out. In another interview, Simmons confessed: “The computer is just a tool that we use.” I rest my case. minervini.com minerviniprivateaccess.com

Quote of the day: Hope and faith will do nothing for you in the stock market. Only skill and discipline are rewarded with alpha... and only those who respect risk will thrive and survive. Period.

If AI could truly figure out how to trade, how would one AI trader beat another? IT COULDN’T. You need inefficiencies to generate alpha. If every AI sees the same data, finds the same patterns, and makes the same “optimal” trades, the edge gets arbitraged away. Even Jim Simmons understands this. That's why he as admitted to manually monitoring and changing his models routinely. And that humans can override his models at the risk level. If humans are constantly testing and changing the AI models - based on their findings - then that AI is a tool, not a solution. In his TED interview, Simons said: “These things fade after a while; anomalies can get washed out. In another interview, Simmons confessed: “The computer is just a tool that we use.” I rest my case.

Some traders get upset when they buy a stock and it quickly turns tail and stops them out. That's precisely what I want my losing trades to do; spend the least time tying my money up so I can move it somewhere that's working or to the safety of cash if nothing is available.

Why guess when you can learn from a champion? a.co/d/07AKNiQ4

Today, I join my fellow Marines and Americans all over the world in taking time to remember and pay tribute to our brave service members who were held as prisoners of war, and to the more than 80,000 who are still missing in action. The heart of America beats only because of the blood shed by our great warfighters. It is important that every American, and all future generations, understands what today stands for and what it represents.

Aziz on Bo French on all those Indian dudes at that football game.

I haven't seen any post by @TaPlot in few days. I am always praying and wishing him strength to fight the ordeal he is in. Keep fighting @TaPlot

HAPPY 79TH BIRTHDAY TO THE @USAIRFORCE

Today, on National POW/MIA Recognition Day, we honor the Americans who endured captivity and those who never returned home. We remember their sacrifice, stand with their families, and reaffirm our Nation’s promise: You are not forgotten.

There is absolutely nothing funny about 2,977 dead Americans. @RepAOC @NYCMayor You are a disgrace.

We need a miracle❤️🙏 Please send good vibes & ❤️ to @TaPlot right now! 🚨If anyone knows someone who does experimental cancer treatments PLEASE PLEASE reach out to TA🚨 ASAP WRO #64 Because We Never Give Up, Hangin' Out with TA Plot youtu.be/zEOlhcW9xE0?is=yUHl… via @YouTube

"The great law of the universe does not read: if you need, you will reap. Here's how it reads: if you plant, you will reap." — Jim Rohn Bring your seed, not your need. #JimRohn #HarvestSeason

If you want to succeed in life, you need to learn to think and act independently of the good opinion of others. No one cares about your future as much as you do. No one is coming to make you successful. No one is going to make you rich. That’s your responsibility. You have to make decisions based on your own passions, your own dreams, your own goals, and your own tolerance for risk—not based on what someone else thinks you should do. And yes, that includes your parents, your kids, your spouse, your friends—and society. Listen to advice. Consider opinions. Learn from people you respect. But ultimately, you have to live your life—not the life other people have chosen for you. If you want uncommon results, you have to be willing to make decisions that other people may not understand, approve of, or agree with. Your life. Your decisions. Your consequences. Your future.

I've been a stock trader for 43 years. Based on my experience, the market will never outsmart me and take my capital during bear markets or sky rocket without me onbosrd for the ride during bull markets. That sounds very arrogant, doesn't it. But wait until you hear the reason why. Because I never try to outsmart the market. What i have learned is humility. The market is always right. And if I am yielding to its message, I can never be outsmarted by the very force I am respecting and staying in gear with. There's a fortune in this one paragraph.