Husband๐ค, Retired Irrigation Sales๐ฆ, Stock\Options\Futures Trader๐, Metalhead๐ค๐ป, Owned by 3 dogs๐ถ.I โฅ๏ธ๐ธ๐!!
Texas, USA
Joined April 2012
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- Following2.3K
- Followers375
- Likes11.8K
Pinned Tweet
Goats, Trains, and Cartoon Colored Sunsets! Memorial Day-E bike ride, Wi... youtu.be/N7tNSH5hL7Q?si=PZ_Pโฆ via @YouTube
Memorial Day ride!!
TexasRed420 retweeted
Before โJessieโs Girl,โ before the fame, Rick Springfield was the guitarist in an obscure Australian band called Zoot. So was Beeb Birtles, whoโd go on to co-found Little River Band.
In 1970, they turned the Beatlesโ gentle โEleanor Rigbyโ into a heavy rock assault. Two future stars, one wild cover.
TexasRed420 retweeted
+522% IN TWO YEARS. VERIFIED. ONE SETUP.
And Clement Ang's @Clement_Ang17 MAIN trading setup is so simple that most traders would probably overlook it.
No secret indicators. No complicated strategy.
Just Oliver Kell's Price Cycle and one particular stage:
THE EMA CROSSBACK.
One of my absolute favorite entries as well.
If a new trader asked me where to start, I'd show them these 8 minutes before recommending another trading course.
This might be the most valuable 8-minute trading lesson you'll watch this year.
๐ตPotentially worth MILLIONS over a trading career.
๐Watch it. Study it. Bookmark it.
Huge thanks to @WordsofRizdom and @chartfanatics. ๐
TexasRed420 retweeted
Some pictures are worth 1,000 words.
Never forget the environments that actually made you the big money. It wasn't some super genius intellect. It was the market.
The difference between a consistently successful swing trader and a boom and bust trader is knowing when to take your foot off the gas pedal.
If there's one lesson every trader should have learned from @markminervini, it's the concept of progressive exposure.
It's not flashy. It's not exciting. But it's designed to protect you when the market is no longer rewarding what you know how to do.
You don't need to force trades in an environment that isn't conducive to your strategy. You need to recognize when your edge has diminished and adjust your exposure accordingly.
Because when the regime eventually shifts again, you'll still have your capital intact, your confidence preserved, and the ability to progressively increase exposure as conditions improve.
The goal isn't to make the most money in every market environment. It's to keep the money you made in the best ones so you're ready to capitalize when the next opportunity comes.
TexasRed420 retweeted
tairway To Heaven - Led Zeppelin (With Solo)
What song would you like to watch here?
TexasRed420 retweeted
This article might seem alarmist, but I actually liked how they broke it down in a more nuanced manner than the typical "bonds are all blowing up" narrative you see here.
Specifically, they are very clear about the different risks across different countries and mostly downplay the risks in the USA while countries like France and Italy are far more alarming. I agree with this framing.
Some of you might remember from the 2012 Eurozone debt crisis that Europe's sovereign debt market structure is analogous to the USA's state system. States can go bankrupt in the USA if the federal govt allows it and Europe's sovereigns don't have their own central bank to fall back on (the ECB is functionally a foreign political entity). So political will to allow massive spending in countries like France and Italy is a constant risk.
TLDR: Debt risks in the USA are exaggerated. Debt risks in places like France and Italy are very real.
TexasRed420 retweeted
A beautiful visualization of the melody from Johann Pachelbelโs famous Canon in D.
How do you feel about seeing the melody come to life this way? Iโd love to hear what you think
TexasRed420 retweeted
Daryl Hall & Tommy Shaw - Renegade (Live From Daryl's House)
Watch the full episode at lfdh.com
TexasRed420 retweeted
Beautiful๐๐ซ
โค๏ธ ๐๐๐ง'๐ญ ๐๐๐ฅ๐ฉ ๐
๐๐ฅ๐ฅ๐ข๐ง๐ ๐๐ง ๐๐จ๐ฏ๐ - ๐๐ฅ๐ฏ๐ข๐ฌ ๐๐ซ๐๐ฌ๐ฅ๐๐ฒ
TexasRed420 retweeted
My job is 99% planning, 1% trading. Before I start day I know: 1) What zones I want to engage 2) What setup at those zones 3) How I'll manage the trades. The actual day is just waiting on triggers/executing. It takes 15 mins per day, is emotionless. Repeat daily to stack points
TexasRed420 retweeted
50 legendary internet rabbit holes you can spend hours exploring ๐๐ผ
1. zoom.earth โ Watch the world via live satellite imagery
2. flightradar24.com โ See every plane currently in the sky
3. marinetraffic.com โ Track all ships at sea in real time
4. windy.com โ Live map of winds and storms
5. lightningmaps.org โ Watch lightning strikes hitting Earth in real time
6. earthquake.usgs.gov โ Live list of recent earthquakes
7. submarinecablemap.com โ Ocean cables carrying the internet
8. globalforestwatch.org โ Watch forests disappear from space
9. worldometers.info โ The world's statistics, second by second
10. internetlivestats.com โ Current number of tweets and searches being posted
11. thetruesize.com โ Compare the true sizes of countries
12. oldmapsonline.org โ Maps from centuries ago
13. davidrumsey.com โ Archive of 150,000 historical maps
14. openstreetmap.org โ World map drawn by volunteers
15. window-swap.com โ Look out the window of a random person around the world
16. virtualvacation.us โ Virtual walks through cities
17. mapcrunch.com โ Teleport to a random spot on Earth
18. atlasobscura.com โ Catalog of the world's strangest places
19. neal.fun โ Interactive knowledge experiences
20. htwins.net/scale2 โ Scale journey from atom to universe (Updated HTML5 link)
21. eyes.nasa.gov โ Explore the solar system in 3D
22. stellarium-web.org โ Real sky map in your browser
23. apod.nasa.gov โ NASA's astronomy picture of the day
24. images.nasa.gov โ NASA's entire visual archive, free
25. pudding.cool โ Visual articles told through data
26. ourworldindata.org โ The state of the world with real data
27. gapminder.org โ What we mistakenly think we know about the world
28. informationisbeautiful.net โ Visualizing complex data
29. data.worldbank.org โ World Bank's open data
30. data.tuik.gov.tr โ Turkey's official statistics database
31. archive.org โ Archive of millions of books, films, and software
32. gutenberg.org โ 70,000 free books whose copyrights have expired
33. openlibrary.org โ Record of every book in the world
34. loc.gov โ U.S. Library of Congress digital archive
35. europeana.eu โ Europe's cultural heritage archive
36. dp.la โ America's digital library collection
37. artsandculture.google.com โ Tour museums from home
38. rijksmuseum.nl โ Download artworks in high resolution
39. wikiart.org โ Archive of 250,000 artworks
40. publicdomainreview.org โ Forgotten visual treasures of history
41. openculture.com โ Free archive of culture and education
42. metmuseum.org โ Met Museum's open collection
43. musicmap.info โ Family tree of music genres
44. radiooooo.com โ Pick a country and decade to listen to that era
45. listen.hatnote.com โ Turn Wikipedia edits into audio
46. wikipedia.org โ Random knowledge well
47. timeanddate.com โ Time, sunrises, and sky events
48. sciencedaily.com โ Live stream of science news
49. arxiv.org โ Free preprints of scientific papers
50. observablehq.com โ Visualize data with live code
Save this list. Youโll probably come back to a few of these later. ๐
Follow @stevencoder9 for more useful websites, AI tools & tech resources.
Are Todayโs Biggest Market Fears Starting To Show Up In The Charts? youtu.be/ze2sc9MKpF8?si=a1fFโฆ via @YouTube
TexasRed420 retweeted
The NYSE welcomes the New York @Giants to celebrate its 40th anniversary of the 1986 Super Bowl Championship.
@PhilSimmsQB | @CarlBanksGIII | @MetLifeStadium
TexasRed420 retweeted
The Arcane Texas Fact of the Day: Today marks the 191st anniversary of the famous "Come and Take It" battle. Everybody knows the broad outlines, of course, but briefly: The battle was fought over a cannon. The small cannon was on loan from Mexican officials, and Lt. Francisco de Castaneda and 100 dragoons came from San Antonio to retrieve it. Because of tensions between Texians and the Centralist government, Castaneda was ordered to to avoid conflict. But when he crossed the Guadalupe River near Gonzales to retrieve the cannon, the Texians challenged Castaneda to "Come and Take It," and a brief skirmish took place. The Mexicans returned to San Antonio empty handed. The cannon's subsequent fate is unknown.
Okay, so that's the overview, but ol' Traces loves the arcane, obscure facts, like this: during a pause in the fighting, a parley was held between Castaneda and John Henry Moore, the Texian commander. Castaneda told Moore that he personally opposed Santa Anna's Centralist policies and considered himself a Federalist. Moore replied that the Texans were fighting not merely for the cannon but in defense of the Mexican Constitution of 1824. In other words, at the opening battle of the Texas Revolution, the commanders on opposite sides were in total agreement about the politics that had produced the confrontation. Castaneda simply had orders to retrieve the gun.
Watercolor painting below by Bruce Marshall.
TexasRed420 retweeted
๐ Cthulhu stole the show at METALLICA's SPHERE residency kickoff.
๐ฅ: @Crea8iveDude
TexasRed420 retweeted
What happens to equities if yields continue to rise? The simple answer is that per the DCF model the present value of future cashflows will decline, all else being equal. Fortunately, all else is not equal and earnings are booming. That means that the stock market can withstand a P/E derating without causing a bear market. Remember that in 2022 the P/E ratio fell 33% while earnings only grew 8% (and were decelerating from the post-COVID recovery). The result was a 28% bear market entirely driven by contracting multiples. I fear that a milder repeat could lie ahead if this bond bear market continues. Again, as long as earnings keep growing at double digits, the damage to price could be modest. For instance, per the Fed model below (which compares equity valuation to bond valuation), if the 10-year yield rises to 6%, that suggests an equity P/E ratio of 16x. It is currently 19-20x. A 4-point drop in the P/E ratio is a 20% valuation haircut, but if itโs offset by 30% earnings growth, we could be spared the kind of drawdown we experienced in 2022. Maybe a 2022 echo or aftershock. ๐งต(1/2)
