Listen to the Markets

Added on by C. Maoxian.

Mall Cop once again perfectly on point in today’s stream:

“What do I think about the Chartered Market Technician designation? I think it's completely useless. If you want to make tens or hundreds of millions of dollars, you can skip it. You don't need it to do anything, what you need to do is go through every single stock in the US stock market, look at the ones that made big moves at any point during their existence, and then you go back and search what were the patterns, what was the news, what were the market conditions, that's all, you know. You don't need anyone. You don't need any designation, certification, it's all for losers.

You need to understand how the stock market works. What makes it tick. Why and how stocks move. How different sectors move. And in what market conditions do certain sectors work better than others. That's what you need to do. Go back twenty, thirty years. You don't even need to go back that far. You can just go back the past five years, and you'll find at least three or four setups that occur over and over again.

You don't need to know anything. You don't need to do any fundamental analysis. You need to be aware of the sector. You'll outperform most people. The most important thing is avoiding all the bullshit out there, all the misinformation. There’s so much noise and bullshit out there. So many losers selling all their courses and stuff.

The closer you can get to reality, the better. Unfollow all the people on Twitter, social media. Leave all these stupid stock Discords, they are for retards. Especially if you're paying for a stock Discord, just stop. Apparently that's a thing, don't do it. The less noise the better. All you need to do is listen to the market. Pay attention. Don't listen to the news, listen to the markets.”

The Inquiring Mind of Brian Lamb (V)

Added on by C. Maoxian.

In his interview with Stuart Rochester on the experience of American prisoners of war in Southeast Asia (mainly Vietnam):

LAMB: Here's another line in the book and it just--I was taking these out of context. `I couldn't quite put my finger on it, but the atmosphere was changing for the worse. By November, for starters, food rations at the Zoo were cut drastically and kitchen staff were no longer washing off the human fertilizer the Vietnamese used for their crops.' A lot of reference to human feces being in--in rice, you know, all over these cells. How much--explain the human fertilizer business.

Movies Watched -- Riders of Justice (2021)

Added on by C. Maoxian.

In Danish … 116 minute running time so 16 minutes too long … weird one from Denmark … a thriller which turns into a mystery which turns into a comedy which turns into a rumination on the meaning of life and tragic death and chance and coincidence … I didn’t hate it, it was laugh-out-loud funny in parts, but I also can’t recommend it.

You need to get some help, Dad.

Less Twitter, More Discord

Added on by C. Maoxian.

Since my night in Twitter jail, I have been much less active on the service. I only use Tweetdeck to read a handful of private lists, unlike the old days where I really did read everything that everyone I followed tweeted.

Several things ruined Twitter for me, starting with the shift to 280 characters. The 140 character limit forced people to be thoughtful and clever when constructing a tweet, which is not the case with 280. The introduction of an RT button was also a problem, though the worst thing is injecting tweets into your stream that someone you follow *liked.*

I paid a Russian programmer a handsome sum to build a custom Twitter client for me which stripped out all of the nonsense and made the stream readable again, but Twitter quickly banned it and I took the large loss (the Russian programmer made out well, lol).

Anyway, I’m using Discord more and more now, esp. with different groups of day trading buddies, and have shifted away from Twitter. I think everyone else who trades for a living already did this years ago, but I’m slow to change.

Here’s the home screen of my phone now. Is it possible that I’ll stop using Twitter completely one day? Probably not, though I read next to nothing there now. I still like to talk to myself on there throughout the day, mostly tweeting random nonsense and things that amuse me (and no one else); I’ve never once thought about my “audience.”

Movies Watched -- Rush (2013)

Added on by C. Maoxian.

123 minute running time so 23 minutes too long … tells the story of the rivalry between F1 race drivers Niki Lauda and James Hunt during the 1976 season … I don’t follow F1 and knew nothing about it, but did recognize the name Mario Andretti … F1 seems like a sport for rich wastrels, but the movie wasn’t badly made and I don’t think there have been too many movies made about its history.

James lacked zee discipline