Forget The Title, Let's Talk

Hello strangers. It’s been a minute since I’ve posted here because I’ve been very occupied with my day job at Stocktwits. Luckily, our team has grown and I’ve got a bit more personal time, so I’m getting back to doing what I love … journaling my thoughts.

It’s something I’ve been preparing for a while now. In the background I’ve been trading like a maniac for the last six months, placing hundreds of trades, and “getting used to” executing orders and having capital at risk. No real process, just horsing around.

After being steamrolled by Silver on the short side, and making some money on the American Eagle and Opendoor “meme” squeezes, I can officially say I’ve felt both sides of the trade and am far less emotional than on day 1. Once I’ve accepted this is money I’m willing to lose, it simply becomes numbers on a screen that I’m managing. Especially for trades I have a clear plan risking a dollar to make several.

Point being, I’ve been an analyst for the last 10+ years and now I’m ready to make the move toward trading actively. Why? Two main reasons.

1. Execution is the only thing that matters. I don’t mind being a market pundit (or analyst as we call it), but I’m ready to take that next step and put substantial capital at risk. The “I called it” is great if you sell your research or advice, but I’m not in that business anymore. So if I want to benefit, I’ve got to execute. And if done well, this process should make me a better analyst, too.

2. My long-term future is secured. I’ve got enough invested in my low and slow accounts now that if I contribute a modest amount annually it’ll be several million dollars before 60-65 and that’s more than enough “guaranteed” money for me. Particularly because my partner is on a similar track and we both have ambitious goals for our active income/real estate portfolio in the decades ahead.

So what’s the deal and plan? 📝 

First off, I’ll be sharing my trading plan publicly and adjusting it over time as needed. Portfolio? That’ll be shared publicly too. And to keep me posting consistently, we’re gonna use a simple 3, 2, 1 format daily.

3 thoughts, 2 charts, 1 trade idea. 🗒️ 

I’ve looked at tens of millions of charts in my life. I’ve got the analysis reps in. What I need now is to put in the trade structuring and execution reps. So the question I’m forcing myself to answer at the end of each day: if I needed to put capital to work right now, what is the one trade I’d put on. The thesis, the trade construction, sizing, etc. etc.

And on weekends, I’ll do longer posts exploring different market themes and things I’m pondering. It won’t be every weekend, but my hunch is my trading will be better if I can do it as often as possible.

As I said, this blog is primarily for me. But I do get a lot out of sharing with the Fintwit community and the best things in my life have come from having my own voice and views out there as often as possible. If you want to share it, great. But what would be more valuable is passing along advice or things that might help me on my journey.

Other than that, it’s free. It’ll always be free. This is not a business, just a public notepad for me to continue scribbling on. And as always, you can follow me @BruniCharting on Stocktwits and Twitter for anything else I post.

Thanks for reading and I’ll be back with more shortly. 🫡