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Bull markets do not feel like bull markets while you are in them. They feel like a sequence of almost-tops.
Fed
23.8K posts
Fed
@lord_fed
Cross-Asset PM, predominantly L/S equities, commodities and FX. Sometimes rates, sometimes memes.
- If Chamath has taught us anything in the past week, it’s that you can be a retard and become a billionaire. Let that motivate you.
- SPX closed +9.52% today, the 3rd biggest green day in history. Only beaten by two days in 2008. If you think that’s bullish… go check what happened next.
- The Big Short ruined more traders than it inspired. Everyone’s chasing their 2008 moment but in reality they’re just missing a great bull market.
- Remember this, someone with half your IQ is making 10x as you because they aren’t smart enough to doubt themselves.
- Someone with half your IQ is making 10x as you because they aren’t smart enough to doubt themselves.
- Trading isn’t stressful, what’s stressful is knowing exactly what you should do, and then watching yourself do the opposite
- Most traders don’t lose on bad ideas. They lose on bad execution. Part 1 was the map, this is the manual. Zero to Stock Hero: Part 2 (free)
- Imagine levering 50x on magic internet coins and being surprised it didn’t end well.
