Call me Ban.

KOLA SUPERDEEP BOREHOLE
Joined July 2021
Is this a joke
JUST IN: 🇺🇸🇪🇸 IRS to take a cut of Spain's $51,000,000 FIFA World Cup prize.
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₿an retweeted
A billionaire trader has spent 40 years trying to delete a one-hour documentary. It shows him making $100 million in a single afternoon. He predicted the crash that made it possible three months in advance. He has never explained why he wants the film gone. His name is Paul Tudor Jones. The film is on YouTube. The documentary is called "Trader." PBS filmed it in 1987, three months before Black Monday. Jones was 32 years old, working from a small New York office, wearing shorts and a t-shirt, yelling at his phones, throwing paper across the room, and sleeping under his desk. The film captures him and his research partner Peter Borish overlaying a chart of the 1929 market on 1987, month by month. The two charts tracked within one percent. Borish said this is exactly what happened in 1929. Jones said if the analog holds, October is when it breaks. On October 19, 1987, the Dow fell 22.6 percent in a single day. It remains the largest one-day percentage loss in stock market history. That afternoon, Tudor Jones covered his shorts and made roughly $100 million. He was 33 years old. He was one of the very few traders on the street who came out ahead. He tried to bury the tape because it made him look reckless in a professional world that punished swagger. Twenty years of legal effort did not delete it. Someone kept a copy. It is on YouTube. It has fewer views than most makeup tutorials. The film is not really about a crash. It is about a specific philosophy of trading. Jones is shown building conviction slowly, sizing carefully, then striking hard when the setup arrives. He is never once shown making a random bet. He is shown doing the same thing five times a day, every day, for three months. His signature line, repeated across a 45-year career: "The most important rule of trading is to play great defense, not great offense." He does not try to be right. He tries not to lose. He sets stops tight, cuts positions fast, and never averages down on a loser. Every trade in the film follows this template. Tudor Investment Corp, the fund he founded in 1980, has compounded at roughly 19 percent a year for 45 years. He is 71 years old and still trading. His method has not changed since the film. The lesson: greatness in markets is a refusal, not a talent. Refusal to be reckless. Refusal to be certain. Refusal to average down. Refusal to trust yourself in a drawdown. Tudor Jones has refused those refusals for 45 years. The tape is free. The philosophy is repeated in every trade. Most traders will never watch it.
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All at once: nothing. Step by step: everything imaginable.
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Its never to late, just do that thing.
It’s now 27 years since I was made redundant and given a few grand. I decided that if I was careful, I could live off the money for 6 months trying to become a comedian before I had to get another job. I was 37. Worth a punt.
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AUDJPY +2R HTF uptrend Daily & weekly Bias Bullish Reacted from Overlapping FVG's (Clusters) MSS on the 1M Entered around the 15M FVG A+ Trade
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🤔 POLL TIME: What's your biggest trading weakness as a ICT trader? A) FOMO into trades B) Moving stops too early C) Trading outside kill zones D) Not waiting for confirmation Drop your answer below 👇
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Replying to @jtrader
Thinking, reflection, kindness
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All variables are yours. Don't quit. Just keep stepping forward.
The most dangerous temptation in life ‼️‼️
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"ITS THE FIRST OF THE MONTH" 🔥
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You're probably not gonna get to retire when your old. So you got to retire young instead.
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💔
Update: There are positive signs from the front in #Limassol, as the fire is currently subsiding. Nevertheless, the risk of flare - ups still remains high. The destruction recorded is devastating. Below is a satellite image of Cyprus during the fire.
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By the time I get to 56 the median will be 99...
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Replying to @Wordsofrizdom
I bought his course in 2020. That helped me a lot. Rande Howell is true legend. Forget about other so-called psychologist mentors or others who claim to teach trading psychology etc. Rande actually teaches you that "There's no psychology. There're habits to build and manage"
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When the world feels uncertain and the markets seem quiet, that's when we need to stay sharp. Sometimes, in the silence, the biggest moves are just waiting to happen. Keep your eyes open! Something is right around the corner.
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How visualization works in quantum physics
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David Whyte Explaining how you know youre on your right path;
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No words needed, my timeline is a TRW member GM.
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Charlie Munger explaining the psychology behind making billions of dollars:
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