Forward
Today is a pretty quiet day in markets. Good to be loading into position on days like today.
After large rallies in stocks like SMCI, today we are naturally having a bit of a hangover and consolidating things together.
I think there are still some pretty sweet set ups. In fact, I gave a special set up in the Merlin After Dark (MAD) Chat today to the founding members. As well as AMD 0.00%↑ again continued to progress really well.
We are in a few other set ups too. I think I really got across in yesterday’s post what I’m thinking about for markets moving forward.
No change to thesis, just long and strong, with the right individual stocks being really important to be positioning into right now.
Covering some more set ups I noticed while on vacation today. No trading from the wiz tomorrow, as I stick to my rules about not trading fridays. I will see you on the other side of the weekend. Great 1st week back with 2 solid days of great trades.
Reflection
I’m very much a suck it up, no one wants to hear you bitch and moan about everything going on.
I probably manage too much, I probably do too much. I like to build new things and try new ideas.
I get too bored standing still. So often times, I have an idea for a post, and I’ll try it and then I need to scrap the post entirely because it’s not quite right, or even worse the sportswriter jinx.
What is the sportswriter jinx? You are a sportswriter, you have to write an article summarizing a game your covering. It’s a blowout entering the final quarter, so you write up the majority of the article, then with 2 mins left, the upset occurs. You have to throw out your whole article you spent the last hour writing and do it again.
Markets love to enforce that jinx. I can’t tell you how many times I’ve been done with my article for the day at 2 O’clock, and then 15 mins later, everything I’ve said is now completely untrue.
We need a charity fund for the amount of rage quit smashed keyboards for traders. But, I think that’s why I like it in a way. Everyday is a new competition, its a new challenge.
As I said last night, the markets are constantly evolving. It is really fulfilling as a human being to have something that I can never truly conquer. It gives a lot of purpose, and because the mastery constantly changes, you can have it one day and be back at learning a new technique the next.
That is every growing and there is something very satisfying in our primal brains about that. I struggle seasonally with making myself happy. It’s depression, plain and clear. While its not like the depression of my youth where I may have just not even had the strength to get out of bed, it still can create a miserable fog. There’s definitely so much that I have done to fix it, but I think as I’ve talked about it before - it’s been a real gift. It’s really challenged me to go introspectively as to how I operate and force myself to ask what really makes me happy.
If you will momentarily indulge me, perhaps with a treat, you’ll see what is really driving our happiness.
thing and see if it makes any sense.
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