8/22 Important Thesis Status Update

Wizdom, Jackson Hole,

Index

I. Forward

II. Reflection

III. Markets

IV. Analysis and Commentary

Forward

What is the Wiz even about? Like if I sign up for the Tribe, what am I learning?

I’m not here to sales pitch you, I’m just tired of reading so much on twitter that is just so wrong. I believe in a holistic approach to trading that focuses on liquidity and momentum as the two main drivers of the market. I believe that all subjects have application to trading, and that if you really want to seriously master trading, you have to read and know just as much about philosophy, history, economics, statistics etc as you do knowing what the candle means. I believe that liquidity is the single most important factor affecting price action, and I know that funds try to keep this knowledge all close to the chest. I’m trying to pass on what I know so that one day you are not reliant on the wiz. My goal is to get every member of the tribe on their feet and be able to make a trade without any input because they know how the system works, they have a full holistic education in stocks. It’s a radical and wildly different approach than probably any other substack you’ll read. But I really believe that their is goodness and greatness in all of us and that

I keep this substack cheap but symbolically important at 30 dollars a month, less if you’re a student or a veteran (which their subs equal a netflix subscription), as a commitment and investment back into yourself. By signing up, you’re telling me and yourself, I’m willing to put a dollar a day back into myself to invest in my growth and become a master in an extremely tough trade.

If a student is unwilling to make that minimum commitment, I cannot help as your mindset is not right, and it helps bar out those not open to learning. Trust me if you do it right though, the subscription should pay for itself quickly.

We’ve never had this chat, but I realize now there are so many new people curious as to what the Tribe is and why its so special. There’s a reason I’m the wiz, and a reason this community we’ve built is so vibrant and fun. I’ve talked about it before, I don’t expect you to stay once you’ve learned my tricks, I expect you to journey out into the world and come into the greatness I see in you, but we all look for our homecoming in life and you are welcome to stay for as long as you like.

I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.

VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)

STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)

If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.

Reflection

As we saw this morning, there is a need for patience and self discipline.

A lot of times in life, we try to move to fast through it, we are excited, we have goals, we have ambition. We want to get to our goals quickly and see what our limitations are.

But there is err in moving too fast. Slow down. If you do not take your time to learn and prepare yourself for achieving your goals, you will not be ready to hold onto them once you’re there.

If you do not take the time to live life, live its hardships, suffer its setbacks, you will not be strengthened in your character and ready to take on the giants you will face. Because with every greater stage you step on, you better understand and I mean really understand, you will face greater and greater challenges as well as monsters who if