Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)

Trading lulls the mass of dimwits into a false sense of security.

It’s like the family of wolves in the thumbnail.

They look so cute!

Then they bite off your hand and maul you to death.

And the same could be said of the trading industry.

It looks so easy, just a click a few buttons for 15 minutes a day and you’ll get rich!

Stay away from bad takes from paper traders that dispense useless “not financial advice”.

Publsh0x Troll: I heard that you could make tons of money just by trading gaps

Panda: Aagh, even Troll thinks he’s a trading expert! Gaps don’t always fill

Troll’s Granny: I wish someone would fill my gap!

Publsh0x Troll & Panda: Aagh!

Contrepreneurs, and furus pollute social media with their bad takes on trading regardless of whether it is with crypto, stocks, or derivatives.

It’s just a cheap ploy to sell shabby courses and affiliate links. Don’t get reeled into crappy trading “education”.

Speaking of affiliate links...

Warning! Shill attempt coming up!

Please use my “hypocritcal” affiliate link for the Moomoo trading app if you want a great and mostly free trading app.

Moo Moo Trading App referral link!

If you can’t or don’t want a new trading app please leave a tip at the end of this post!

Publsh0x Troll: You have no shame Panda!

Panda: It’s a sign of the times, hungry pandas are sick of eating only panda and ramen every day!

You need to have a plan BEFORE the market opens. For example did you check the broader markets, correlations, resistance/support levels etc?

What about your stops and profit taking levels?

Are you scanning for criteria that will improve your odds of success?

Then you need to record and review your trades.

Did you miss an important piece of news, did you get good fills?

These are necessary but insufficient trading tasks.

If this sounds like a lot of “work”, get a minimum wage job or sleep on the streets.

Large financial institutions with large pools of capital will be happy to add yours to their collection.

They employ HUNGRY young men and (sometimes women) with impressive credentials in large expensive cities.

Do you honestly think a lazy retail pleb can take on a swat teams of quants with STEM backgrounds?

Be very afraid little trading sheep. The financial wolves won’t hesitate to feast on your crypto carcass.

It’s hilarious and sad to see hordes of the great unwashed, unsophisticated low net worth clowns think that they can take on financial professionals.

It’s not 2021 any more, retail investors may have won a few battles with meme stocks like $GME, $AMC and $CHWY etc.

It was certainly a sight to behold the little guys finally win but professional financial institutions went on to win the war.

If you look at certain subreddits dedicated to trading you’ll find mostly loss porn broken up by the occasional lucky winner.

90%+ of traders lose money within the first year.

If you insist on trying your luck at least get trading software that measures your performance.

Test about 100 live small trades to see if your trading strategy has positive expectancy. Most likely you’ll lose money but if you come out ahead you better bust your behind to maintain your edge.

A crypto bull market should be coming, don’t blow your future profits on bad trading!

Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.

Be sharp, stay hungry let’s get that money!