Every time I see tweets like these I think about the tech people I've met & the $500 Lanvins so many wear. Or the $1100 Owen kicks some of the CEO's wear. The shoes look like Converse but they cost like Gucci. Some cost more. They wear designer, just not the ones you know

The other thing a lot of them do? They have bespoke casual wear. So handmade t-shirts. Custom fit track suits. Hoodies that are designed specifically for them. Mostly a very specific kind of new money wears well known labels, but they all wear designer. Stop blaming clothes
The real difference between rich people and poor people is generational wealth. That's it. Your parents can afford to pay for your education. Leg up. You inherit property? Leg up. Your family can invest 6 figures in your start up? Leg up. Rich people in America have help.
They have help from before birth tbh. Because their grandparents contribute to college funds. They buy rental property & gift it to their grandkids. They had more than enough money for their own expenses so they left money. And the parents of rich people? Rich too.
It's not the Gucci belt that's a barrier to economic stability for people now. It's not having a time machine to undo the impact of 5 generations of poverty. Even the best "rags to riches, by my bootstraps" stories have generational wealth hidden in them. Usually a friend's.
Because here's the thing, rich people know the power of money. And the "A friend let me stay with him, helped me find investors, invested" part of the story? A rich person decided they wanted their friend to be rich too. They don't talk about it that way. But that's what happened
It's like those "How I paid off my college debt" articles where the silent part is that they moved into grandma's condo & got a year or two of tuition as graduation gifts. Only it is "I started my business with only $500" & the 6 friends invested 200K each is the silent part
And let me out myself. Because I am not coming from any kind of generational wealth, but I have older relatives that can generally afford their expenses. That's the big leg up around these parts. Elders with pensions. But they are like that because my grandmother had none.
My grandmother only got $8,000 a year in social security. She died in 2002. My aunt took care of her, but my aunt had a good job & no kids. Still no wealth, but my aunt basically took the financial hit & let the family sidestep anyone being sandwiched by debt. A gift to us all
Rich people? Their kids don't get sandwiched AND get a gift of substantial value whether it is college tuition or a home. Or both. See the difference?
And I am anomaly in writing. Not the only one, but of the Black girls who write? Look at how many of us lived in the projects as an adult. How many had kids? My leg up as an adult? I'm a veteran. With a spouse. I rode out the recession as a federal employee. Husbeast works.
No shade to anyone else. But I have been paying my own rent since the late 90's. So I sit in convos about parents paying bills of adult children & I just keep my mouth shut. That's not my experience but I can see the difference in experience & access.

More from Trading

TradingView isn't just charts

It's much more powerful than you think

9 things TradingView can do, you'll wish you knew yesterday: 🧵

Collaborated with @niki_poojary

1/ Free Multi Timeframe Analysis

Step 1. Download Vivaldi Browser

Step 2. Login to trading view

Step 3. Open bank nifty chart in 4 separate windows

Step 4. Click on the first tab and shift + click by mouse on the last tab.

Step 5. Select "Tile all 4 tabs"


What happens is you get 4 charts joint on one screen.

Refer to the attached picture.

The best part about this is this is absolutely free to do.

Also, do note:

I do not have the paid version of trading view.


2/ Free Multiple Watchlists

Go through this informative thread where @sarosijghosh teaches you how to create multiple free watchlists in the free


3/ Free Segregation into different headers/sectors

You can create multiple sections sector-wise for free.

1. Long tap on any index/stock and click on "Add section above."
2. Secgregate the stocks/indices based on where they belong.

Kinda like how I did in the picture below.
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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