There’s gonna be some massive winners tomorrow whoever shorted.
There’s gonna be some massive losers whoever went long.
Barring a dramatic reversal for the ages. But doubtful.
Nature of this game.
Not quite zero sum, but also not everyone can win simultaneously.
I mentioned all year that we will have a tough year with h shape rallies and fails. A stubborn VIX. Deleverage. Hedge. Buy quality. Buy time.
I stand by my call we will NOT see a new ATH this year.
Tactical rallies and bounces will occur. Like the one we had these last few days. But of course Trump is such an X factor you never know when things can go south on a snap of a finger.
Survive. I repeat. Survive. Is the theme. Will continue to be the theme throughout the course of ‘25.
Your worst enemy is yourself. No one else. Don’t blame anyone else. Don’t blame that furu. It’s all on you. You ultimately made the decision to buy or sell that security or option.
Don’t give up. We all have to suffer once in a while if you want to partake in this game we love and hate, but continue to play. And believe me, I suffered a bit today too. I speak my pain when I say this to you.
And lastly, remember, it’s just money. Money that you can make back. Stock market is always an opportunity to go get some.
PS: For those that this pep talk doesn’t apply cause you made bank on the drawdown, well done lad. Atttttttta boi.
/billackmantweet
$SPY $QQQ
After win streaks, you need to be more careful and fearful of the monster inside you -the one that's good at bleeding out your account.
You may even want to go half-position on your trades for a while until your ego settles down.
The question you should ask is, "Have I consistently had winning weeks or months?"
The issue isn't missing out on one big win. It's the careless losses that pile up. Trying to maximize your chances of staying net positive should be your initial goal - not getting rich quick by doubling down or going full port.
You want to do whatever you can to somehow make it into the top 5% who profit at the end of the year and survive in the stock market long-term.
Otherwise, you will be one of the 95% who fail.
@kpak82 I actually followed this one, was able to get in at a good time to leave at a better one. Secured some capital to test out some more plays with low risk. @kpak82 is that man 🫡
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