Worth reading if you are a young man. 18-35 year old men are in trouble. Half of my friends are fully addicted to sports betting, prediction markets, 0dtes. I see people with young kids becoming fully absorbed to gambling. But they can't admit it because they're "not losing that much". As a man, we want to provide, produce, and build a future for our family. But sometimes judgement gets clouded when things aren't working or we're struggling...so we look for "quick" wins. The dopamine of feeling like we're worth something. Or to keep up on social media. Or to feel useful to the world. It's a man's kryptonite. You have to protect every dollar with your life. That $100 of "fun money" is your future daughter's birthday present. Because eventually, when you're trying to "make it all back", that $100 turns into -$10,000...fast. Next thing you know, your son's college tuition is sitting on kalshi's balance sheet. Men. I am asking you to stop the degenerate gambling. Compounding is a wonder you can't even comprehend, but you won't experience it if you keep resetting at zero. Brick by brick, men. DMs are always open.

How to fill your "free time" as a trader: (full breakdown...feel free to bookmark + use) Some of you guys know that the majority of big success in trading comes from waiting + letting positions work. I've talked about this before, but it's too important not to resurface. So how do I fill the extra time with stuff that makes me a better active investor? Welp, I'll walk you though some of what I do. Do Deeper (Continuous) Research: > what's a stock/theme that everyone's overlooking > find cases of unusual volume, insider activity, etc > study thematic maps + changes over time (finviz) > dig into geopolitics, macro > study historical tendencies of markets > look deeply into teams & leadership > understand a company's moat + potential > keep digging into your current positions' thesis Education: Youtube channels: > @Qullamaggie (swing trading mechanics) > @RealSimpleAriel (swing trading, etc) > Amit Kukreja @amitisinvesting (deep dives) > @TheShortBear (all his old stuff is gold) > @TraderLion (well-rounded edu) > Harvard Innovation Labs (business acumen) > Institute of Trading (retail trading) > @Wordsofrizdom (conversations with traders) > @tbpn (business acumen + current events) > will be adding more Substacks: ~ @agnostoxxx's (good mix of macro, ideas, thoughts) ~ @zastocks's (trading principles, lessons, research) ~ @citrini (all around, thematic deep research) ~ @market_sleuth (experience, vix + data, lessons) ~ @michaelsikand, asymmetrical bets (deep research) ~ @babyfolio's edelbridge alpha ~ @Gaetano2026 (photonics, ai, tech) ~ @ren_stocks (ai infra, semis, tech) ~ @TheBigBerbowski (great guy, great writeups) ~ others based on your style Messing around with tools + seeing how to best leverage: - @finviz_com (screeners, thematic maps, etc) - @GodelTerminal (data feeds, movers, news) - @tradingview (charts, scripts, indicators) - bunch more, but it's always good to mess around with tools & see what functionality can help you Interviews: - @StocksOnSpaces (@stocktalkweekly + team) - @MollySOShea's interviews (ceo's, executives, pe/vc) - @patrick_oshag's interviews (investing + market legends) - @amitisinvesting's interviews (ceo's, public companies, leaders) Data dropping favs: + @ConnorJBates_ (data, charts, sentiment) + @WallStJesus (surveys, price target changes, etc) + @KobeissiLetter (deep analysis, news, data) Books: = Reminiscences of a Stock Operator (psych + cycles) = Market Wizards (pattern recognition across styles) = The Psychology of Money (behavior > strategy) = Poor Charlie’s Almanack (decision making) = The Outsiders (capital allocation) Use "free time" to get smarter on markets, business, and how the game works...without overtrading or making stupid trades out of boredom. Other things to observe: > use @finviz_com's (or other) screeners for top gainers/losers, most active, unusual volume, etc. > what headlines dropped + how did those assets react? > which names have relative strength consistently? > what doesn't make sense? > what are the next big catalysts for the markets overall, and your assets? Don't forget to review performance: - use some of your "free time" to go back and review the past few months/years. - what worked? what didn't? why didn't it work? what should I change? - where did I break my rules? - average holding period, % performance month by month, etc - know what makes you tick. find your weaknesses. use data to understand your style Physically LEAVE the desk & screens: > go for a walk > workout > go to the coffee shop > hang out with your kids > drive around with your wife This isn't everything, but it's a start on how to best use your "free time" during, after, or in between trades. The edge isn’t doing more…it’s doing less, with better information. Luc

generally, I think you should buy stocks without the intention of selling. selling should be something that inevitably happens because a predefined set of criteria gets triggered: - trailing stop gets hit - thesis breaks - catalyst changes - something objectively better comes along and I rotate into it but when I press buy, I’m not thinking about where I’m going to sell for a profit tbh…I’m thinking about what would have to happen to FORCE me to sell. otherwise, i’m generally holding

2 main ways to participate in generational money-making environments: 1) build a company 2) invest / own equity in one Or…both. How to build a company: > find something people need > find something you’re good at > find something that makes money > sell it How to invest: > find something the world needs > get in at a favorable valuation > have conviction to ride the curve I believe in a combination of the two. I primarily swing/invest in common stock so combining that with businesses/work can: - accelerate equity curve meaningfully - allowing positions to work - compound active and passive wealth at the same time - learn valuable skills - build biz acumen that helps in all markets If you’re in your 20s or 30s are struggling with just trading for income…pair it with something that can put $$$ in your pocket. The more entrepreneurial, the better. The entire goal is to own pieces of equity in both active and passive vehicles. As you get older and/or make more $$$, things will skew more passive, but early on…it should skew more ACTIVE. nobody will really say it…but cashflow/stability is by far the biggest unlock early in trading & investing imo. Early on, you might not have money to buy equity…so build it yourself, and then deploy money back into the markets to compound. Lethal combo. @scottfelsenthal is a great example of someone with operator + investor skills. anyways, i love building companies…and i love investing in them. and while I don’t have all the answers, i def want to continue learning how to do both at the highest levels. more soon

In the markets, you’re never as far from blowing up as you think. Sounds dark, but a couple bad decisions strung together and you’re out of the game. You could have 11 green months in a row…and one bad red day could make you unprofitable on the year. SO easy to get complacent when things are working, but all it takes is one trade to change your year (for better or worse). You’re only as good as your last trade.

gm gm, $PURR has one of the best triple-threat catalyst setups in the market right now: - trump (yes the pres) backs path for hyperliquid in US - druckenmiller takes position - overall crypto environment v strong currently ~$12...yo @chameleon_jeff dm me let's talk

Cutting red quickly is hard, but learning how to sit in the green is harder. u have to cure the “cash burning a hole in my pocket” syndrome asap. get green, then get comfy…usually your current positioning is better than that shiny new position you are eyeing.

Suddenly, you're 5 years in with nothing to show for it. Then you turn the corner...and make back those 5 years of losses in 6 months. This is the reality for most traders, me included. Years of mediocrity, breaking even, highs & lows, inconsistency...nothing working. Years where nothing happens, then weeks where years happen. That's the power of compounding skills, experiences, and capital. You’re delusional if you think you won’t have to pay market tuition...medical school is $500K, business mba is $200K, law school is $300K. But you're just gonna waltz into the most competitive game in existence and beat the market in year one? or two? Gotta pay the piper.

My 3 phases of how to approach a "hot"/hyped piece of news or event: 1) wait for the initial blast of hype to fade (first week) 2) wait for the next wave of the mildly impatient ppl thinking "it's probably time to get in now, it's down a little" to fade (months 1-2) 3) enter great assets when there's max boredom/pain (usually month 3-6 after the initial news/event) ...literally saw this perfectly on $SPCX ipo. Usually after the 3-6 month timeframe, the: > price has stabilized > you aren't paying an insane premium anymore > any risk is MUCH more manageable > you can get into the best assets with size The best way to milk the most profit out of these sorts of situations is to play the anticipation & runup (if the general date of the news/event is known), take profit during the actual release, and then re-enter a few months later when the hype has faded. Luc

Setups i like the next couple weeks: > $ALAB entry @ ~$300, target: $350+ > $CRCL entry @ ~$98, target: $120+ > $RKLB entry @ ~$64, target: $80+ $ONDS + $SOFI continue to base as well…these might take a bit longer but huge upside on both. Gn, Luc

A few years ago I had an interview with this finance firm in nashville. Ended up getting coffee with these nerds and they asked me what my “favorite excel function was”. I honestly had no idea wtf would be a good answer to that, nor did I care, and they side-eyed eachother & smirked like i was a mouthbreathing moron. I was already profitably swinging a decent size port at that point and thought have some “traditional finance experience” was what I needed to level up. …until I realized it was the opposite. You can win unconventionally. In fact, you’re MORE likely to win if you’re unconventional. I used to think I needed to understand everything about traditional finance, excel, functions, spreadsheets, formulas… But i quickly realized that the only thing that matters is the number on the screen going up. You can do that any way you want. Infinite ways to make the number go up. You can make it as simple or complicated as you want. I knew a dude that literally picked stocks based on his stargazing. Or my friend that only looks at charts upside down. Just crazy stuff. But it worked so it didn’t matter. and there are so many different stories like this. what I’m trying to say is: you carve your own style, edge, and alpha. It’s literally infinite what you can try. you don’t have to be cookie-cutter finance bro…you just have to make money.

I took a position in $RKLB on friday @ $64.30 - catalyst: golden dome funding (~oct 1st) - uptick in volume (>prev 2wks), but tiny candle - clear risk @ beautful support lvl on weekly - huge upside potential in a top emerging theme - 100%+ potential from 60s

I’d rather sell 10% too late than 200% too early. So I rarely press the “sell” button myself…I just let the market stop me out via a trailing stoploss. Not my job to decide when a winner is done, would much rather let the market do that. Green can always get greener.

In the markets, you’re never as far from blowing up as you think. Sounds dark, but a couple bad decisions strung together and you’re out of the game. You could have 11 green months in a row…and one bad red day could make you unprofitable on the year. SO easy to get complacent when things are working, but all it takes is one trade to change your year (for better or worse). You’re only as good as your last trade.

Suddenly, you're 5 years in with nothing to show for it. Then you turn the corner...and make back those 5 years of losses in 6 months. This is the reality for most traders, me included. Years of mediocrity, breaking even, highs & lows, inconsistency...nothing working. Years where nothing happens, then weeks where years happen. That's the power of compounding skills, experiences, and capital. You’re delusional if you think you won’t have to pay market tuition...medical school is $500K, business mba is $200K, law school is $300K. But you're just gonna waltz into the most competitive game in existence and beat the market in year one? or two? Gotta pay the piper.

Worth reading if you are a young man. 18-35 year old men are in trouble. Half of my friends are fully addicted to sports betting, prediction markets, 0dtes. I see people with young kids becoming fully absorbed to gambling. But they can't admit it because they're "not losing that much". As a man, we want to provide, produce, and build a future for our family. But sometimes judgement gets clouded when things aren't working or we're struggling...so we look for "quick" wins. The dopamine of feeling like we're worth something. Or to keep up on social media. Or to feel useful to the world. It's a man's kryptonite. You have to protect every dollar with your life. That $100 of "fun money" is your future daughter's birthday present. Because eventually, when you're trying to "make it all back", that $100 turns into -$10,000...fast. Next thing you know, your son's college tuition is sitting on kalshi's balance sheet. Men. I am asking you to stop the degenerate gambling. Compounding is a wonder you can't even comprehend, but you won't experience it if you keep resetting at zero. Brick by brick, men. DMs are always open.