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How To Get Paid To Protect Your Own Stock

ASTS is my firstborn, you already know this. It is literally the GOAT. It's also up enormously, and if you were in it early like I was then it puts us in a weird spot right now. Because SpaceX is coming. And I have been telling you for weeks that when SpaceX finally hits the public market, it's going to act like a vampire. It’s going to suck the money out of the whole space sector for a week or two, and every name I love will take a hit, before they bounce back. So if you own ASTS into that, you feel like you have two choices. Sell now and lock in your gain, but then you're out, and you'll be sick watching it run again without you. Or white-knuckle it, hold through the vampire, and watch your gains bleed away for a couple of weeks. Both of those

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Two of the biggest names in finance signed my book.

Two of the most influential names in finance signed the same book in my collection. That signature at the top is Jamie Dimon. CEO of JPMorgan. The face of traditional Wall Street. That second signature belongs to Burton Malkiel. He wrote A Random Walk Down Wall Street. You probably know it. It's the book that convinced an entire generation to just buy the index and go home because you cannot beat the market. Full stop. Two of the biggest voices in finance, signing the same copy of A Treasury of Wall Street Wisdom. Both signatures are cool. Dimon's is honestly the best I've ever seen outside of my own. But here's the part nobody is going to believe.   Trading is an art, not a science. I trade two ways, and Malkiel's inscription describes both of them perfectly. For day trading, I read charts. Period. Crowd psychology, key levels, the

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The Market Doesn’t Owe You Action

The market doesn't owe you action. I had one of those sleepy sessions last week. The Iran peace deal hit and got crickets. Nvidia served up a nothing burger right behind it. The market just sat there. You could feel traders trying to force stuff into a tape that did not want to play. This is the hardest skill in trading. It is also the one that separates the traders who keep what they earn from the traders who give it all back. So let me walk you through how I read sleepy markets and the one position rule I trade by whether the market is dead or screaming. Sleepy days are not problems to fix. Read them as the market telling you to chill. When the session is giving you nothing, the only right move is taking nothing back. Most traders cannot do this. They come in expecting action

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