🧠 11 of the best tweets by @jposhaughnessy

Jim
Sir has a spectacular ability to simplify complex topics and put them in just a tweet or thread.

I scraped his entire tweet library - here are some of my faves šŸ”„šŸ”„šŸ”„

THREAD...

1/11

The brightest people I have met share a superpower that would serve investors well - the ability to make inherently complex things simple and understandable.
2/11

If you can change your focus, you can change your future.

Don’t spend a minute worrying about something that you can’t control. If something can’t be changed by you taking direct action, put it out of your mind.

Today’s society is overrun with useless distractions.
3/11

Things you learn as you get older:

Other people are far less interested in you than you think they are.
4/11

Investors:
Your "morning routine" doesn't matter;
Finding "clever hacks" won't help you;
Reading lists of "10 things all successful people" do won't help you;
Watching "motivational videos" won't help you.

What will?
Controlling your emotions, being patient and persistent.
5/11

These "if you'd invested, you'd have xxx dollars" memes are incredibly destructive to investor behavior.

They encourage hindsight bias by making it seem like it was incredibly easy to know what the stock would have done.

It wasn't then, it isn't now.
6/11

Markets change minute-by-minute.

Human nature barely changes millennium-by-millennium.

There's your edge.
7/11

Point drops in any index, be it the DJIA or the S&P 500, are meaningless.

All of these "3rd largest (point) drop in history" stories are meant to mislead and scare you. Don't let them.

The only thing that matters is by what % did an index or stock decline or advance.
8/11

One area where investors have an advantage over chess players:

In chess, there is a term called zugzwang, which means that even though the best move is to not move, the game compels the player to do so, often putting him at a disadvantage.

Investors are free to not move.
9/11

The only person you're hurting when you get continually 'outraged' about events outside your control is yourself.

Continual anger is a poison that if it were in a bottle with a skull & crossbones ā˜ ļø on it, you would never drink.
10/11

Don't "build a personal brand", build your life by taking actions aligned with your thoughts.

Be consistent and persistent. Don't let short-term setbacks stop you; have grit and keep going.

Then one day, you'll find you don't need a "brand" because you will be enough.
11/11

If you find yourself thinking, ā€œwithout X, I’ll never be happy.
Or ā€œwithout attaining Y, I’ll never feel like a success.ā€

My experience has taught me, regardless of what X and Y are, you’ll never be happy or feel like a success.

Don’t make your life conditional.

More from Trading

12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's

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I hate when I learn something new (to me) & stunning about the Jeff Epstein network (h/t MoodyKnowsNada.)

Where to begin?

So our new Secretary of State Anthony Blinken's stepfather, Samuel Pisar, was "longtime lawyer and confidant of...Robert Maxwell," Ghislaine Maxwell's Dad.


"Pisar was one of the last people to speak to Maxwell, by phone, probably an hour before the chairman of Mirror Group Newspapers fell off his luxury yacht the Lady Ghislaine on 5 November, 1991."
https://t.co/DAEgchNyTP


OK, so that's just a coincidence. Moving on, Anthony Blinken "attended the prestigious Dalton School in New York City"...wait, what? https://t.co/DnE6AvHmJg

Dalton School...Dalton School...rings a

Oh that's right.

The dad of the U.S. Attorney General under both George W. Bush & Donald Trump, William Barr, was headmaster of the Dalton School.

Donald Barr was also quite a


I'm not going to even mention that Blinken's stepdad Sam Pisar's name was in Epstein's "black book."

Lots of names in that book. I mean, for example, Cuomo, Trump, Clinton, Prince Andrew, Bill Cosby, Woody Allen - all in that book, and their reputations are spotless.