Hey trader, I’m taking a break from writing to send you an important message. You may have seen notifications like this every day last week: If you’re someone like me who doesn’t have a war chest of savings to risk in the markets, you may rely on intraday margin. 💰 The problem is that, given…
Let’s say you’ve built up your account to $10,000. Then you lose $2,000. That’s a 20% drawdown. To get back to $10K, you don’t just have to make 20%. You now need to make 25% because you’re working with a balance of $8,000. I saw this chart the other day and printed it out to…
🎧 Listen to this on The Lucra Podcast Hey hey! I’m back after a brief hiatus. I was working on my next book (which should be coming out shortly – fingers crossed). 🤞🏼 I’ll also be publishing one of Sean’s books to Amazon and Audible soon. Stay tuned! 📖 New Year, New You? Or not…
The following are a variety of ways I prep my mindset and body for the new year. Take whatever resonates and leave the rest. Do what works for YOU. Remember, when we’re talking about true wealth, it has to do with ALL areas of your life. More or Less As the year winds down, I’m…
MAKsCap Investor Letter At the beginning of 2024, I started a fund to trade other people’s money. For those who may be interested in doing something similar, what you’ll find out is that you do not have to be registered if your fund is considered a Small Pool. Per the CFTC, a “small pool” exemption…
I’ve always felt more at home in a forest 🌲 than in a city. As someone who prefers a wilderness hike over most social events, I tend to look at things from the perspective of the natural world. In trading, I see price movement as an effect of catalysts and inertia (Newton’s first law) and…
🎧 Subscribe to Mental Capital on Apple Podcasts, Spotify, or your favorite podcast host. As we round the corner into this final month of 2024, it’s time to ask yourself: How will you finish this year? Strong? Weak? Somewhere in between? You see, now is not the time to coast. It’s time to go hard…
Ever notice how life seems to deliver what you expect? It’s not magic—it’s the brain’s incredible ability to shape reality through expectation. This isn’t just woo-woo thinking; science backs it up. The way we frame our thoughts influences how we see the world, the actions we take, and, ultimately, the results we achieve. The Expectation…