Hot take about French protesting - Eating pastry and sweet treats for breakfast causes glucose spikes that lead to increased irritability and lack impulsive decision control.
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"just act normal"
🚨🇺🇸 Donald Trump: “An Israeli plumber flew the plane. I don’t know if it’s true, that’s the story I got from Bibi.” Even this old man doesn’t seem to believe it.
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Meanwhile in Australia Im getting flooded with rage bait about immigrants, mortgage rates and economic disaster. Time to buy - bottom is in. Labour is out most likely
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I strongly believe trading is easiest when you're in a position of strength. One of the single greatest benefits of my entire trading career has been that I've always had a job & never used any trading income, I've always lived within the means of my job There's never been a trade I "needed" to win to make rent or hit drinks with the boys or to buy the gf something nice. I could live off of my portfolio but choose not to because I don't think I could effectively manage the emotions of being reliant on my portfolio. If I somehow zero my port, at least my day to day life will not change There are absolutely people who thrive on being all-in. I admire and respect tf out of you lunatics who chose to do so, I simply do not have that dog in me. I'm comfortable with my limits in that regard The other benefit of having a job is that it keeps you in-touch with real people and the real world. Maybe since I now work for a crypto media company, I'm not the most in-touch guy on the planet. But I spend a lot of my day talking to young hungry clippers who haven't "made it" yet, I get to work with a bunch of creatives across many disciplines for awesome side projects we're working on, I have to make runs to FedEx to get stuff printed for the business, etc... Long story short, I interface with the real world, with real people, with real constraints that need to show up to work and answer to a higher power (their boss). That gives constant perspective I find immeasurably valuable A quick little aside but I find tenured college professors and generally post-economic people who don't work some of the most insufferable people to spend time with. You remove so much of the human condition, but even worse you remove so much perspective on what people have to go through to get by. I find the detachment sustains outdated world views that are terrible for trading, but even worse - terrible for dinner conversation Probably my number one trading advice is to actually get the best job you can, work hard, and grow your income. Become a cool person with skills outside of just trading, I promise they'll translate and you'll be trading from a position of strength
Tulip King explains why he never lives off his trading and that's what makes it easy "I've never lived off of trading. I've always had a job and I've always made sure no matter how big the number gets to live within the means of my job. The number's big enough now that I basically spend all the money I make because I have the nest egg. But I have no intention of tapping into that ever." "If my portfolio zeros or goes down, I'm still going to make rent. But if you're a trader and trading is your job, your emotional connection to that number is so much higher. That's why the trading is easy for me."
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LRJ retweeted
crypto is losing nerds and it will probably be the reason of its downfall the latest active pipeline of "attention economists" and "social traders" are not helping much to the situation just to try to remember, when was the last time, when you saw a tweet about a crypto concept, that doesn't revolve around trading and don't use any of buzzwords (narrative, edge, etc etc) and where the poster was genuinely obsessed with that thing we are still running on fumes of the tech that was built in 2016-2017 and unless something interesting pops up again, we are doomed
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Really good problem solvers usually have caused a lot of problems
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The last IMO problem AI could not solve. For when you want to sit down for a longer problem-solving saga, here's the full video: youtu.be/Nbwv5wHQoj0
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LRJ retweeted
gen Z hasnt made any music like this because they cant. millenials seeing the towers fall as kids produced a generation of soulful indie musicians the likes of which the world will never see again
Music over time🎻
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Dear 90's kids - PSA - do you think the hidden track would even get a listen to today?
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Basically, we're back to paying per season of streaming shows now. 8 episodes = 8 weeks. 2 x Monthly sub. The days of binging are coming to an end sadly.
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LRJ retweeted
大哥,你这是纯技术啊,纯手搓啊
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apocalypse now
Oil up; not much to think about
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If you show a baby a chart, nothing happens. You tremble because you are the one who gave it meaning👇
【Your Emotional Problems In Trading Are Not A Nervous System Problem】 Your body freezes every time you take a stop loss, your heart jumps every time your unrealized profit shrinks, and your hands shake the moment you enter a trade. If those reactions have been explained to you as your autonomic nervous system acting up, or your amygdala reacting, and that has made you try to regulate your nervous system or calm it down, then you are fundamentally mistaking cause and effect. ■ The Nervous System Is The Result, Not The Cause Let me be clear. Your nervous system is reacting. That is a fact. Your body really does freeze, and your heart really does jump. I am not denying that. But the nervous system is not the cause. It is the result. Your nervous system is simply reacting to the recognition you hold toward the loss, the win, and the loss in front of you as "bad, something that should be avoided." The nervous system is nothing more than a device faithfully following the meaning you have assigned. That is why, even if you regulate your nervous system, if the root that recognizes loss as something bad has not changed, the next time a loss comes, your nervous system will react the same way again. It is the same as clearing the smoke without putting out the fire. So how does that root recognition change. ■ Recognizing Loss As Bad Means You Have Not Prepared This is the core that almost no one talks about. If you recognize loss as "something bad," that means, in reverse, that you have not done the necessary preparation. You have not completed the preparation of defining the conditions that allow probability to work, testing them across a large sample size, mathematically calculating position size based on the performance obtained from that test, and reaching the point where all that remains is to repeat it. Because you have not passed through that preparation, you do not understand from the bottom of your heart that a rule based loss is a necessary part of forming positive expectancy. Because you do not understand it, loss simply looks like "something bad." In other words, recognizing loss as something bad is itself a sign of insufficient preparation. The problem of recognition and the problem of preparation are not separate. They are the front and back of the same thing. And when you actually pass through that preparation, the nervous system reaction itself changes. You define the conditions that allow probability to work, test them across a large sample size, mathematically calculate position size based on that performance, and repeat it again and again through practice with your own hands, passing through the way the law of large numbers works as something you have verified for yourself. Only after passing through that does trust get built, and the belief you held, the belief that placed value on short term wins and losses, changes. At that point, your belief changes into this. Following these rules and continuing to repeat them is what success means. Only after this change in recognition and belief does the very target your nervous system reacts to change. The loss in front of you is no longer something bad, and instead, you begin to recognize deviating from the rules as the thing that is bad. That is why, in the opposite direction, you become unable to deviate from the rules. This is not training the nervous system. It is not learning to endure, and it is not becoming mentally stronger. It is fixing the root of the problem. ■ "But Fear Is Something The Body Reacts To On Its Own" Here, many people will think this. "But fear and tension are not logic. The body reacts on its own. So shouldn't I calm the nervous system down first." Yes, there are fears where the body reacts almost instinctively. Thunder. Darkness under your feet. A snake suddenly appearing in front of you. These do not require much meaning. The body reacts because they are close to survival. But fear in trading is different. Think about it. A baby may be startled by a loud noise or thunder. That is close to the body reacting instinctively. But show that same baby a chart, and nothing happens. Show a red candle. Show the moment price hits a stop loss. Show unrealized profit shrinking on the screen. The baby will not freeze. The baby will not panic. The baby will not feel anger or fear. Why? Because the baby has not assigned any meaning to the chart yet. To that baby, the chart is only lines, colors, and light moving on a screen. There is no "loss." There is no "danger." There is no "something bad is happening." You do not react to the chart because the body is instinctively afraid of charts. You react because you have already assigned the meaning of "danger" and "something bad is happening" to that chart. A chart is not thunder. A red candle is not darkness. A stop loss is not a snake. So the chart itself is not producing fear. The loss itself is not directly attacking your body. What your body reacts to is the meaning you have assigned to it. That is why, even if it feels like the nervous system is reacting on its own, there is recognition before that reaction. You recognize the situation as danger, so the body responds as if danger is present. And what rewrites that recognition is not regulating the nervous system. It is preparation. If you have truly understood, through verification and practice with your own hands, that a rule based loss is an essential part of forming positive expectancy, that loss is no longer processed as danger. If it is not processed as danger, the nervous system cannot react to it in the same way. The body reacts. That is true. But what the body reacts to is decided by recognition. And that recognition is built by preparation. ■ The Fire Starts Before The Nervous System So stop trying to regulate your nervous system. It is only the smoke rising from the fire. What you truly need to change is the recognition that sees losses, wins, and losses as bad. And that recognition is not changed by telling yourself something in your head. It is rewritten only after you pass through preparation. Defining the conditions that allow probability to work, testing them, calculating size from that performance, practicing with your own hands, and verifying the law of large numbers for yourself. Do not try to solve an emotional problem through the nervous system. The fire is far before the nervous system. It is inside your preparation. 📚 Content for serious traders payhip.com/YumiSakura/collec… Thank you for reading.
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why does every video have to have subtitles now?
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I grew up during the dot com boom & bust. I watched family & friends lose their jobs and investments to it. The best advice my mother ever gave me was that people always get sick…and if I wanted to study engineering, then study medicine too. That advice holds true for investing as well. In a recession, staples like healthcare, commodities & foodstuffs continue to do well while tech tanks. That’s why I continue to take profits along the way and add these boring type trades to my portfolio…right beside the sexy stuff like robotics and drones. Tldr: biotech and healthcare are going to continue to see a massive upward capital rotation as aging populations seek to cheat death via cellular immunotherapy, nootropics and personalized medicine. ⛸️Skate to where the puck is going to be, not where it has been.
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"The Pentagon has excellent specialists in this area, but I have the impression that there is excessive politicization always trying to impose itself, and they end up being heard only sporadically, without the continuous construction of thought and operations." - brilliant quote
When ideas like this begin to surface, it is a sign of fatigue and of zero progress toward the war’s objectives. Worse still, it reveals the scarcity of plans prepared in advance that should have anticipated this scenario. The Pentagon has excellent specialists in this area, but I have the impression that there is excessive politicization always trying to impose itself, and they end up being heard only sporadically, without the continuous construction of thought and operations. What are the chances that the US and Israel can get all seven neighbors to blockade Iran, including Afghanistan?
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LRJ retweeted
Introverts do not hate socializing. They hate pretending.
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How do I short Hungary?
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"Perplexity, please write a 400 word draft" draft = 540 words "Please adjust you have gone over by 140 words" "My apologies, here is your adjusted draft to 400 words" draft = 526 words AI will take over the world 🤡
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