The #1 Investing Rule.
For traders and investors in 2025.
…..Is don’t get distracted.
First, I hope everyone had a great Christmas and if you don’t celebrate, a great break.
Some of you should have received a gift from me yesterday in the mail (if not it’s on the way) - to those that had this already, I sent you something else.
There are a lot of “keys” in this business but I think that translates into other business as well and….things like:
Avoiding the Macro Doom & Gloomers
Avoiding subscribing to 50 newsletters I never will read anyway
Webinar hoping to waste time v. engaging to gain new frameworks
Avoiding conversations that lead to ZERO P&L.
In fact, I said something to one of the other Macro Doom & Gloomers yesterday about his click-bait nonsense.
I believe that statement to the core.
And there were two replies in this YouTube clowns comment section:
“You’re so right leader, macro is the truth and we have to focus on Central banks and the end of the world” -hyperbole but that’s the jist.
This guy is right, I’ve followed you and know more but I don’t make any money.
People will do ANYTHING but generate L/S short trading ideas - I don’t care if it’s a simple technical short off a price level like this below from 10 years ago.
It can even be a day-trade (not that I do much of that anymore) long on high beta stocks - this video was also from 10 years ago.
The point is, if your goal is to generate money/P&L - and I mean really generate it then don’t get distracted.
Some people enjoy the distractions until they’re close to out of money or out of a job then that’s when they get serious and shift to this “P&L is the only thing that matters mentality”.
Idea generation is all that matters. Long/short, technical, fundamental, flip of a coin…..I don’t care.
Generate ideas and get to work on producing profits.
This is (one of many from Samson) a $20K Nasdaq short from a kid (25) that’s been around DeltaOne for 6 years now.
You never see him in the chat wasting time or talking much.
Why? Because he’s either deployed or he’s focused on making money.
So, that’s my message to those of you that are reading this here into the end of 2025.
Don’t get distracted, do the work, generate ideas and generate P&L.
It’s all that matters.
And if you don’t know how to do that then you have options:
Enjoy the break and I’ll see you all next week.
Dan