If your cab driver starts bragging about his gains, worry.  That's one of the lessons the pros dropped at last week's Festival of Trading. Here are the rest:

Hunting 10x trades every month is how new traders rack up losses, says @NathanBiyond  After years in markets, the biggest mistake he sees is unrealistic expectations. Patience takes a long time to learn, and the lesson is expensive. From our Charting the Trades workshop at the Festival of Trading.

truly, madly, deeply challenging @solana to a sing-off at Breakpoint

Yesterday, Jonathan Gould's office dropped the final rule to implement the GENIUS Act. Then he sat down with Real Vision on the floor of the @NYSE  Jonathan Gould x Ash Bennington. Full interview live now. @USComptroller

The bitcoin rally to fear is the one that goes straight up. Kris Bullock: a big parabolic run into the middle of next year looks like a blow-off top. A gradual incline is what gives him confidence this could run late into 2029. @CryptoWithKris on Trading the Markets yesterday.

we gotchu 🤝

Joining a trend late can be very dangerous. @CalebFranzen's answer: make it a smaller position. With his 21, 55 and 200-day EMA framework, size gets bigger the deeper price pulls back into the averages. From our Charting the Trades workshop at the Festival of Trading.

The best traders Peter Brandt knows don't think of themselves as traders. They think of themselves as risk managers. Find the chart point that tells you you're wrong. Make sure your sizing isn't wrong too, because that's when you get clipped. Then bleed the risk out of the trade. @PeterLBrandt with @ForexStopHunter at our Festival of Trading last week.

Your stock research just got a lot shorter. Type any ticker into Real Vision's Trade Agent and get the trend, macro backdrop, fundamentals, and what to watch in seconds. Here's $NVDA 👇

This year has been a reminder of just how much geopolitics can shape markets, energy prices and global supply chains. So how do you make sense of the forces shaping the next few decades? @RosenvoldGeo has put together a free report to help you do exactly that. Comment FUTURE and we'll send it over.

Why does official inflation keep running hotter than the live data? @AndreasSteno points to rent. The Bureau of Labor Statistics updates its sample twice a year. Live data from Apartment List paints a much softer picture. His read: core inflation momentum is close to peaking, in October, maybe November.

Now I am become inflation, destroyer of purchasing power.

Midweek market Pulse check. All eyes on earnings today. Tesla, SAP, IBM and United Rentals all report, with SpaceX and United Airlines' numbers already in. Meanwhile, Anthropic's possible S-1 leak shows $16B in revenue in the first half of 2026, and huge compute commitments to match. That's today's read, straight from The Pulse on Real Vision.

Two days into our month long trading comp, and the top of the leaderboard is separated by less than two points. 3rd place got there on one idea alone 👀 This whole board is public inside Real Vision. See the ideas behind every name on the leaderboard, catch up on two days of Festival of Trading workshops, and play around with our free trade agent until something clicks.

In 2022, only three protocols returned value to token holders at scale. Today it’s 25% of the Top 100 Index. @Jamie1Coutts calls it his capital discipline theory. Since 2022, payouts to holders rose 5.3x through buybacks, burns and higher staking rewards. Tokens are starting to pay their holders the way an equity does.

The hottest PPI since 2022 landed Thursday. Bond yields fell anyway. @AndreasSteno says this is incredibly telling for positioning. The market is heavily short bonds, long energy, long the dollar, and long the Mag 7 against their suppliers. If inflation that hot can’t push yields higher, the crowd is already all-in on that side of the boat.

“Priced for perfection in a business that lives and dies on retail risk-on sentiment.” That’s the bear case on Robinhood, built in seconds by Real Vision’s new Trade Agent. The Trade Agent is free to use for the duration of our trading league which kicked off yesterday: submit your best three trade ideas over 30 days, and compete for up to 100k in prizes. Have it research any ticker, pressure-test the bull case, and tear down your ideas before the market does.