Bari @Bari_Trades
Joined September 2020-
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The thing about trading is this... Many give up or walk away after a few days of chop "when its hard" instead of just doing less. Always a mistake.. You will miss every BIG opportunity. When the mkt is consolidating, this is the time to pay attention & get ready for the next move
Every once and awhile step back and check in on what you're feeding your consciousness. What is the diet for your thoughts? You sitting at your screens mainlining doomsday proclamations on here and then going on IG to consume fantasies that CONVINCE you your life sucks? Or…
I'm 22. I've been obsessed with trading for the past 5 years. I spent collectively 5,000 hours studying the best books, the greatest traders of our time, and having 1 on 1 calls with them. Here's what I found on how to become a top trader:
The surest sign you are on the path to normalcy is if no one thinks you are crazy. Working out 7 days a week is "crazy". Not going to college is "crazy". Working on an online business instead of a job is "crazy". There was a time when if you told someone about Cryptocurrency,…
@fasc1nate "Stagecoach" Mary Fields, America's first Black female postal worker, was known for her fearless delivery of mail across hundreds of miles in the dangerous Wild West. Born a slave in the 1830s in the South, Fields found work with the help of a nun named Mother Amadeus after the…
The better you get at trading, the more you realize that you need to do less to be a success.
There are 4 types of wealth: 1. Financial wealth (money) 2. Social wealth (status) 3. Time wealth (freedom) 4. Physical wealth (health) Be wary of jobs that lure you in with 1 and 2, but rob you of 3 and 4. - James Clear
No trader is an island. Learning from other's successes and mistakes accelerates your progress.
This should be required teaching across every school in America.
-- 40-years ago when I told my family and friends I was going to be a stock trader, I was told all the reasons why I shouldn’t and couldn’t. It’s gambling, it’s not a real job, they said. -- When I made my first million dollars, I was told I was lucky. -- When I won the 1997 U.S.…
In just 1 minute, Buffett hits 3 extremely important points: 1. Focus on the business, not the stock price movement 2. Work in your circle of competence 3. Hold long term Simple advice. But for many, it’s not easy to follow.
As tweeted monthly, the #1 cause of losses - bar none - is the need to "be 1st" into a sell. 99% will lose more trying to time a top then they'll ever recover net when they finally catch one + incur big opportunity cost. Best shorts are after support loss/momentum change. No rush
As tweeted monthly, the #1 cause of losses - bar none - is the need to "be 1st" into a sell. 99% will lose more trying to time a top then they'll ever recover net when they finally catch one + incur big opportunity cost. Best shorts are after support loss/momentum change. No rush
In trading, discipline is the secret ingredient for steady growth and profits.
THE TRADING JOURNEY: BUILDING ROME WASN’T A ONE-DAY TASK blog.livetraders.com/the-trading-jo…
Trading can be lonely and has ups and downs. Have positive support and ignore negativity. Push harder tomorrow than today. It's just you vs yourself.
Id rather take 5-8 high probability trades a week with a +95% win rate than 20+ trades a week with a 60% or less win rate.. Moral of the story = Do less...
Train your mind to be stronger than your feelings.
Happy New Year! I did the exact opposite of these 3 supposed rules of investing - and it’s why I went from selling flowers on street corners to a 🦈 on Shark Tank. Your 2024 contrarian guide to wealth creation. Myth 1 - All debt is bad, pay it off. No, high interest debt…
Trading in the Zone by Mark Douglas Summarized in 20 quotes so you don’t have to read it 🧵 $SPY $SPX $VIX
Consistency doesn't happen overnight. It takes many failures and tough lessons before you can achieve success.
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Pre-FOMC we highlighted how IV's picked up related to tomorrow's (post-FOMC) NFP & ISM PMI data points. The data suggested to us that the FOMC might not be the release-point for markets, as traders are demanding to see data rather than listen to Fed narratives. Consider this…
To Grow your Trading Account and Thrive in any Market Condition, you MUST.. - Recognize when to ATTACK with size and when to exercise PATIENCE when your edge isn't present - Be comfortable waiting weeks or even months for the perfect setups. Patience is key 🔑 - Put in the…
Cash is king over night
Market didnt even wait for tomorrow
If you liked $SBUX at $100... If you liked $SBUX at $90... If you liked $SBUX at $80... Then you're going to love it when it opens up in the $70s tomorrow morning. "The intelligent investor realizes that stocks become more risky, not less, as their prices rise—and less risky,…
By the time call holders where able to take screenshots of their $SPY calls all their profits were gone 🥲
@mintedtrading Liars, paper traders, and degen gamblers everywhere. 😂
10 mins until everyone on fintwit was perfectly positioned for Powell... Bangers everywhere...
Purple tie remains undefeated..
15 mins until Powell either breaks the mkt or he bought calls and shows up in a purple tie...
The Market Is In God’s Hands Now $SPY $QQQ $AMZN $TSLA
$25k price cut on this house for sale in Alexandria, Louisiana Featuring a stunning courtyard pool and 5 bedrooms, the home is on a half acre lot On the market 93 days Listed at $775k
The only thing standing between you and your dream life is that broke 23 year old kid trying to convince you to buy dividend stocks to make $200/month in order to achieve financial freedom.
Will be watching this GP tomorrow and Monday for reversals
The $SPY 4h trend and cycle remain bullish, but it appears that the weakness from the 1h and 30m trends is catching up with it. The 1h and 30m trends are bearish, while the 30m cycle is quickly approaching the oversold territory.
The Fed is losing control on both ends. I doubt equities can ignore that. Selling the earnings is still my prediction. As I said, complacency means trouble.
Trends for United States
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