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Professional trader Tom Hougaard on the single biggest psychological mistake that ruins most traders: He explains that the hardest part of trading isn't technical, it's psychological. It requires you to think in a way that directly contradicts how you operate in everyday life. In real life, we are trained... to hunt for bargains. We compare prices at the supermarket and naturally gravitate towards whatever is cheaper. But Hougaard warns that applying this same instinct to markets is exactly what destroys most traders. TraderTom puts it simply: "You cannot be afraid of buying something that has already moved up significantly or you shouldn't be afraid of selling something that has already moved down significantly. And that's where the vast majority of people go wrong." The problem, according to Hougaard, is that markets don't operate the way shoppers think: "But the market doesn't operate with these principles of cheap or expensive. The market just has the prevailing price." He explains why this is so difficult for people to internalise: "Psychologically it's very difficult for us to accept because we are so brainwashed that we go to the supermarket and we see Pepsi Cola costs X but Coca-Cola is half price to Pepsi. So we all gravitate towards Coca-Cola because it's cheaper. But cheap in the market is a market that is going down. We don't want to buy that. We want to sell it short." Hougaard sums up the core challenge of trading: "The whole balance of being one person in real life and being another person in the market, that's what makes trading so incredibly difficult."show more

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Yoko Ono

35,208 views • 2 years ago

"You can either produce excellence or you can avoid criticism. But you cannot do both of those. The reason that you don't have certain excellence that you want is because you are afraid of getting criticized. You are afraid of the judgment that comes with it. You are afraid of standing out. You are afraid of being alone. You are afraid of people looking at you. You are worried about what people think of you. There are 2 categories of things in this world: 1) Things that are up to you 2) Things that are not up to you Which category does your reputation sit in? Your reputation is not up to you. I'm the one who associates your reputation with something, not you. You just do things. What's up to you? How you act. Your decisions. Your actions. That is up to you. Your reputation is not up to you. Here's how I know that: You all have a reputation about me and it's not in my control. I get to say and do whatever I say and do up here. I am in control of saying it. I am in control of doing it. The moment words leave my lips, who has control over what is done with those words? You! You are in control of what you think of me. And there's no way everybody in this room is going to think the exact same thing about me. No way. When it comes to exceptional, what we've got to understand is you can spend your whole life trying to avoid criticism and earn reputation, and it still won't be in your control. We can waste a lot of time missing out on excellence we could have been producing if we were just simply LESS trying to engineer what we wanted other people to think about us."

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308,812 views • 1 year ago

Hassett to CNBC on the sluggish job market: "What you guys are griping about is that you want it to move forward faster, and that's something we fully expect we'll see in the first half of this year because the bottom line is the factories are being built"

Hassett to CNBC on the sluggish job market: "What you guys are griping about is that you want it to move forward faster, and that's something we fully expect we'll see in the first half of this year because the bottom line is the factories are being built"

Aaron Rupar

32,029 views • 7 months ago

Garry Nolan says there are more groups doing what skywatcher is doing right now “we know how to call them” “Skywatcher is one group of several that I'm aware of that are doing it independently.” Source -Sol Foundation 🔗 in comments Garry -“The, the information's out there, we, you know, it's already pretty well understood. I mean, look, there's been enough whistleblower types where the information of how to do this has leaked out. You know, we know how to call them. Whether you believe in psionics or not, it seems to be part of the process. So we know how to call them. The question is not can you video them? Skywatcher has already shown that you can video them and there'll be more of that kind of stuff, I think coming in the future, you know, so Skywatcher is one group of several that I'm aware of that are doing it independently. So that's citizen science. I mean, I think the answer is you don't wait for the government to do it, for you. Don't wait for daddy or mommy to tell you what's going on. You just do it yourself. Because as long as you're not going out there with, with guns or energy, weapons, trying to pull something down and, you know, get yourself in a bad situation, there's no reason people can't do it themselves and organize. So, you know, that's, that I think is the threat in a way that one needs to use against the governmental authorities who think that they hold all the, all the, all the marbles at this point, they don't anymore because the people who've been in the program, like Jake and others who've, you know, made that statement publicly, have basically made their knowledge and ability public. So do it.”

Garry Nolan says there are more groups doing what skywatcher is doing right now “we know how to call them” “Skywatcher is one group of several that I'm aware of that are doing it independently.” Source -Sol Foundation 🔗 in comments Garry -“The, the information's out there, we, you know, it's already pretty well understood. I mean, look, there's been enough whistleblower types where the information of how to do this has leaked out. You know, we know how to call them. Whether you believe in psionics or not, it seems to be part of the process. So we know how to call them. The question is not can you video them? Skywatcher has already shown that you can video them and there'll be more of that kind of stuff, I think coming in the future, you know, so Skywatcher is one group of several that I'm aware of that are doing it independently. So that's citizen science. I mean, I think the answer is you don't wait for the government to do it, for you. Don't wait for daddy or mommy to tell you what's going on. You just do it yourself. Because as long as you're not going out there with, with guns or energy, weapons, trying to pull something down and, you know, get yourself in a bad situation, there's no reason people can't do it themselves and organize. So, you know, that's, that I think is the threat in a way that one needs to use against the governmental authorities who think that they hold all the, all the, all the marbles at this point, they don't anymore because the people who've been in the program, like Jake and others who've, you know, made that statement publicly, have basically made their knowledge and ability public. So do it.”

neandrewthal

74,654 views • 1 year ago

🚨 WTF?! JD Vance just exposed that the Democrat AG of Wisconsin is REFUSING to verify recipients of federal welfare benefits are searching for work Cut off the funds! "When I hear the Attorney General of this state saying that we don't want to confirm that people are looking for work before they receive federal benefits, my natural question is, why are you so against people looking for a job?!" "That's it. We're not saying that we want anybody to go without medical benefits." "What we're saying is that we want you, if you're going to receive these benefits, we want you at least to try to find a job." "And I think in the same way that every single person in this room and every single tax paying citizen of Wisconsin hands their money over to the government, it's totally reasonable for them to expect the beneficiaries of that money to at least be looking for work. That's the contract. And if you violate that contract, you shouldn't get a dime of federal money."

🚨 WTF?! JD Vance just exposed that the Democrat AG of Wisconsin is REFUSING to verify recipients of federal welfare benefits are searching for work Cut off the funds! "When I hear the Attorney General of this state saying that we don't want to confirm that people are looking for work before they receive federal benefits, my natural question is, why are you so against people looking for a job?!" "That's it. We're not saying that we want anybody to go without medical benefits." "What we're saying is that we want you, if you're going to receive these benefits, we want you at least to try to find a job." "And I think in the same way that every single person in this room and every single tax paying citizen of Wisconsin hands their money over to the government, it's totally reasonable for them to expect the beneficiaries of that money to at least be looking for work. That's the contract. And if you violate that contract, you shouldn't get a dime of federal money."

Eric Daugherty

52,188 views • 1 month ago

Good question "when Gregor Robertson was Vancouver mayor, the price of buying a house increased by 179% in one of the most expensive markets in Canada." "Why do you think someone with this track record should oversee the housing file?" "Is this a signal from you that you don't think housing prices should go down?" Carney "And I'm thrilled that he is in the, in the new role because he brings the type of experience that we need to tackle some aspects of this problem." "...But ultimately it's a question of supply."

Good question "when Gregor Robertson was Vancouver mayor, the price of buying a house increased by 179% in one of the most expensive markets in Canada." "Why do you think someone with this track record should oversee the housing file?" "Is this a signal from you that you don't think housing prices should go down?" Carney "And I'm thrilled that he is in the, in the new role because he brings the type of experience that we need to tackle some aspects of this problem." "...But ultimately it's a question of supply."

cbcwatcher

198,767 views • 1 year ago

European woman speaks on the Islamification of Europe She says Muslims now have the dominant culture, their ‘Halal Market’ is bigger than the Christmas Market and they are demanding Sharia Law be implemented “The Halal market now is bigger than actually the Christmas market. So we see that the people that have come into our continent have not assimilated over time. They have become actually the dominant culture, and now we have to adjust to them. So they want to make the EU compatible with Shariah law. And it's a problem because our government should be the ones protecting us, but instead they're selling us out. Unless we go on the streets and we march and we take back our sovereignty in a peaceful way. I really want to say that in a very peaceful way. It's a cliche and I don't want to repeat myself or any other people, but look, Shariah law is not compatible with Western values. We stand for freedoms, we stand for democracy. It's simply not compatible with the West.”

European woman speaks on the Islamification of Europe She says Muslims now have the dominant culture, their ‘Halal Market’ is bigger than the Christmas Market and they are demanding Sharia Law be implemented “The Halal market now is bigger than actually the Christmas market. So we see that the people that have come into our continent have not assimilated over time. They have become actually the dominant culture, and now we have to adjust to them. So they want to make the EU compatible with Shariah law. And it's a problem because our government should be the ones protecting us, but instead they're selling us out. Unless we go on the streets and we march and we take back our sovereignty in a peaceful way. I really want to say that in a very peaceful way. It's a cliche and I don't want to repeat myself or any other people, but look, Shariah law is not compatible with Western values. We stand for freedoms, we stand for democracy. It's simply not compatible with the West.”

Wall Street Apes

326,569 views • 7 months ago

Q: Esteban, new year, new rules, new car. You've had the first run out this morning at the Shakedown. What are the first impressions? How did the program go for you? Esteban Ocon: Yeah, feeling good. I think, frist of all, an unbelievable effort from the team really to put the car down, you know, at 9:20 this morning. But the was ready at 9:00 you know. We were waiting on a bit of a better track condition and a few things that we wanted to be perfect before we went out. But yeah, from Fiorano testing with Ollie to here there's been moving like people have climbed mountains really to make this car work and it's been really good. So, we are dealing with the plan, learning as it goes. Of course, it's a busy program that we have for the day. So you know, its gonna be difficult to complete it. But for the first real day of driving, I think so far it's going really well and we'll keep pushing to make sure that all the details are covered. But we have more days than normal which is a good thing. Q: Very early days, of course, but just how different are these cars to drive? Have you had a chance to play around a little bit with some of the new modes? Ocon: Yeah, it's very difficult, very complicated. I got lucky be able to do a lot of simulator days before we started the year, so we are pretty well set on that. Everything is clear, but yes, it's very complicated you know, for all of us. But I hope that this will be the same for everyone, because if it is we're in the same boat, so we'll see. Q: But I get the sense you're really relishing that challange and what about the priorities from here, the rest of the weel here at the shakedown? Ocon: Yeah, the aim is really to learn, to get mileage under the car, you know, see the weak points, what we have to improve really. First feel of things, so we are sure that we take the right development path and we are sure that we put the resources where it matters the most. Where it's the most bothering us, so you know, we'll try and put all that together for that end of the test. It's a long week, which is very good and then we have the chance to go back to Bahrain with hopefully, further step made, so that's the aim. #HaasF1 #F1Testing #F1

Q: Esteban, new year, new rules, new car. You've had the first run out this morning at the Shakedown. What are the first impressions? How did the program go for you? Esteban Ocon: Yeah, feeling good. I think, frist of all, an unbelievable effort from the team really to put the car down, you know, at 9:20 this morning. But the was ready at 9:00 you know. We were waiting on a bit of a better track condition and a few things that we wanted to be perfect before we went out. But yeah, from Fiorano testing with Ollie to here there's been moving like people have climbed mountains really to make this car work and it's been really good. So, we are dealing with the plan, learning as it goes. Of course, it's a busy program that we have for the day. So you know, its gonna be difficult to complete it. But for the first real day of driving, I think so far it's going really well and we'll keep pushing to make sure that all the details are covered. But we have more days than normal which is a good thing. Q: Very early days, of course, but just how different are these cars to drive? Have you had a chance to play around a little bit with some of the new modes? Ocon: Yeah, it's very difficult, very complicated. I got lucky be able to do a lot of simulator days before we started the year, so we are pretty well set on that. Everything is clear, but yes, it's very complicated you know, for all of us. But I hope that this will be the same for everyone, because if it is we're in the same boat, so we'll see. Q: But I get the sense you're really relishing that challange and what about the priorities from here, the rest of the weel here at the shakedown? Ocon: Yeah, the aim is really to learn, to get mileage under the car, you know, see the weak points, what we have to improve really. First feel of things, so we are sure that we take the right development path and we are sure that we put the resources where it matters the most. Where it's the most bothering us, so you know, we'll try and put all that together for that end of the test. It's a long week, which is very good and then we have the chance to go back to Bahrain with hopefully, further step made, so that's the aim. #HaasF1 #F1Testing #F1

Lucho Yoma

12,593 views • 6 months ago

TJR explains why Solana memecoin traders would dominate futures trading “Not only is your risk tolerance way higher than it already needs to be to beat the futures market but on top of that, you guys have already beat the psychological game that is so difficult to overcome when it comes to trading” “If they took their talents over to the futures market, it would be consistent gains that are no longer dependent on these mini market cap fluctuations” “They would be able to make way more money because they've already beat the psychological game” “I think they could transform into profitable futures traders within like a three to four month span, if not even less”

TJR explains why Solana memecoin traders would dominate futures trading “Not only is your risk tolerance way higher than it already needs to be to beat the futures market but on top of that, you guys have already beat the psychological game that is so difficult to overcome when it comes to trading” “If they took their talents over to the futures market, it would be consistent gains that are no longer dependent on these mini market cap fluctuations” “They would be able to make way more money because they've already beat the psychological game” “I think they could transform into profitable futures traders within like a three to four month span, if not even less”

Jack

430,840 views • 17 days ago

Rick Rubin on being addicted to the miracle of creation: “I like the moment of revelation. So we're working on something and it's just okay. It's boring. I'd rather not be there. That's how it feels. But then something happens and it's like magic. Something appears. It's not like we made it. Something comes up in the process. It's conjured in the process. It’s like a miracle and that's the thing that's addictive. That feeling when it's like it's not good, it's not good, it's not good, it's not good. We try something and it doesn't work. Try something else and it doesn't work. But then all of the sudden what we're listening to is really cool. That's the [addictive] feeling, that moment of discovery where it goes from nothing to something really good. And then the whole rest of the process after that is protecting that because it's super delicate. When it happens it's like this miracle happened and this magic thing happened and now we have to protect it through the rest of the process to not ruin it. It's scary because you don't want it to end. You don't want it to stop because we know if it stops, we can't control it. We can't do it again. It's not like that. It's this moment in time where something magical happens. So we spend a lot of time waiting and I can't say that's fun. Waiting is not fun.”

Rick Rubin on being addicted to the miracle of creation: “I like the moment of revelation. So we're working on something and it's just okay. It's boring. I'd rather not be there. That's how it feels. But then something happens and it's like magic. Something appears. It's not like we made it. Something comes up in the process. It's conjured in the process. It’s like a miracle and that's the thing that's addictive. That feeling when it's like it's not good, it's not good, it's not good, it's not good. We try something and it doesn't work. Try something else and it doesn't work. But then all of the sudden what we're listening to is really cool. That's the [addictive] feeling, that moment of discovery where it goes from nothing to something really good. And then the whole rest of the process after that is protecting that because it's super delicate. When it happens it's like this miracle happened and this magic thing happened and now we have to protect it through the rest of the process to not ruin it. It's scary because you don't want it to end. You don't want it to stop because we know if it stops, we can't control it. We can't do it again. It's not like that. It's this moment in time where something magical happens. So we spend a lot of time waiting and I can't say that's fun. Waiting is not fun.”

David Senra

12,759 views • 2 months ago

Marine Veteran says we are coming to the point where we are realizing “We cannot vote our way out of this” “Has anybody else started to reach their breaking point or a boiling point? This is starting to look like a country that I am no longer proud to have served I've been working my entire adult life and I have paid half or more than half back to the government in some way, shape or form in taxes for the past 30 years, and if you don't believe me, look up everything that you have that is taxed - State income tax - Federal income tax - Property taxes - Payroll taxes - Medicare taxes - Medicaid taxes - Sales taxes - Everything is taxed. Everything. And we have a political apparatus where half of them say that if you don't keep us in power, we will steal from you so that we can import people that will. So shut up and go back to work. And another side of the aisle that is either in on it or is totally complete chicken sh*t and won't do anything about it and won't even try to actually represent the people that vote for them. Is anybody else getting to a point where we feel like we cannot vote our way out of this? Where does that leave us? Because nothing is going to happen about the fraud. Nothing. All of the fraud that Elon Musk and DOGE exposed, the Republican Congress put it on the back burner and refused to f*cking vote on it. Turned around to the American voter that put them in power and extended one of these. It doesn't matter what we do this situation is completely freaking unstable, totally and completely unsustainable. It's a waste of time to vote, and it's a waste of energy to pay taxes so that we can give it to people that are going to steal from us. And then we can send it to other countries that hate us, and we can send it to people in the European Union that look down their nose at the American worker and say, good little, go back to work. It's putting us in a helpless situation. And I don't think the people in Washington living in that bubble realize the anger that is fuming outside of the borders of that city. And I am not interested in watching another theatrical Congressional hearing where a couple of ballsy Republicans out a corrupt leftist and then nothing happens. Accountability and a f*cking tax strike is what needs to happen”

Marine Veteran says we are coming to the point where we are realizing “We cannot vote our way out of this” “Has anybody else started to reach their breaking point or a boiling point? This is starting to look like a country that I am no longer proud to have served I've been working my entire adult life and I have paid half or more than half back to the government in some way, shape or form in taxes for the past 30 years, and if you don't believe me, look up everything that you have that is taxed - State income tax - Federal income tax - Property taxes - Payroll taxes - Medicare taxes - Medicaid taxes - Sales taxes - Everything is taxed. Everything. And we have a political apparatus where half of them say that if you don't keep us in power, we will steal from you so that we can import people that will. So shut up and go back to work. And another side of the aisle that is either in on it or is totally complete chicken sht and won't do anything about it and won't even try to actually represent the people that vote for them. Is anybody else getting to a point where we feel like we cannot vote our way out of this? Where does that leave us? Because nothing is going to happen about the fraud. Nothing. All of the fraud that Elon Musk and DOGE exposed, the Republican Congress put it on the back burner and refused to fcking vote on it. Turned around to the American voter that put them in power and extended one of these. It doesn't matter what we do this situation is completely freaking unstable, totally and completely unsustainable. It's a waste of time to vote, and it's a waste of energy to pay taxes so that we can give it to people that are going to steal from us. And then we can send it to other countries that hate us, and we can send it to people in the European Union that look down their nose at the American worker and say, good little, go back to work. It's putting us in a helpless situation. And I don't think the people in Washington living in that bubble realize the anger that is fuming outside of the borders of that city. And I am not interested in watching another theatrical Congressional hearing where a couple of ballsy Republicans out a corrupt leftist and then nothing happens. Accountability and a f*cking tax strike is what needs to happen”

Wall Street Apes

674,489 views • 7 months ago