Top Ten Day Traders to Follow on Twitter

Day trading Twitter can be an awful place, full of liars and fakers and con men, people who are looking to lure in the naive and the greedy to their “services,” or show off their gains (without disclosing the risks taken) and carefully-cropped “top ticks” to make you feel bad.

But there are a few good people on there, and I thought I’d highlight ten of them. These guys are all experienced, knowledgeable, open, and generous … and all are must-follows in my opinion. Don’t be offended if I didn’t include you; I had to keep it to ten for clickbait reasons.

1. @Canny4 … Early 50s? (Generation-X) … full-time independent trader, recently began trading stock index futures, I believe. CANSLIM swing trader in the past. Tweets mainly about market philosophy and psychology, but not in an annoying way since you can tell he has been in the trenches and around the block … his interview with Anthony Crudele.

2. @CiocanaTrader … Late 20s? (Millennial) … full-time prop trader, does serious volume, hotkey master no doubt … makes priceless end-of-day “trader takeaways” from time to time on YouTube, which should be watched closely … drives girly white BMW (nobody’s perfect) … his Chat with Traders interview, and Notes for Chat with Traders, Episode 171.

3. @davemabe … Late 40s? (Gen-X) … CIO of Trade-Ideas … has the technical skills to have automated all his strategies so he doesn’t have to sit there pointing and clicking all day like the rest of us monkeys … rides his bike everywhere which means he’s a better person than you. His posts on Medium.

4. @madaznfootballr — Late 20s (Millennial) … full-time independent trader … a controversial pick maybe, but I think of madaz as a video gamer who happens to trade stocks and uses his P&L as the game score … typically grosses around $0.02 a share, which would appear crazy, but somehow he makes it work. Posts every day what he is watching at the open (always the right stuff) and his P&L at the close. He may be a maniac, but he has found a method that works for him. His Chat with Traders Interview, and Notes for Chat with Traders, Episode 124.

5. @maoxian … Late 40s (Gen-X) … full-time independent trader …how could I not include this guy? Faithfully posts all of his winning trades and none of the losers … whined for years about “not getting a borrow” before finally sending some money to a bookie so he can short hard-to-borrows … been around the world and the block and has traded beside some biggies who will forever go unnamed … now mainly writes concise movie reviews on his ancient blog which I refuse to link to.

6. @Michael_Katz11 … Late 30s? (Gen-Y) … full-time prop trader, another real pro, not a guy sitting in his basement on dial-up … I assume he does crazy size, but he’s honest about his mistakes and works on staying humble… makes priceless end-of-day “trader takeaways” from time to time on YouTube, which should be watched closely … his Chat with Traders interview, and Notes for Chat with Traders, Episode 156.

7. @Shaq48_Trading … Early 50s (Gen-X) … full-time independent trader, former prop trader … trades the ES exclusively … pithy market insights combined with constant disgust towards “FinTwit” … lots of priceless wisdom in his Medium posts … his Chat with Traders interview, and Notes for Chat with Traders, Episode 70. His interview with Anthony Crudele.

8. @SmashTheBid … Late 40s (Gen-X) … full-time independent trader … when I first met him he traded in-play stocks, but he has since switched to trading options on mainly Big Cap tech names (NFLX, NVDA, etc.) and the SPY … open about his “journey” (I hate that word), unpretentious, and always patient and generous with advice when asked dumb questions by strangers, this one anyway.

9. @team3dstocks … Late 40s maybe? I assume he’s Gen-X … I think he used to specialize in microcap hard-to-borrows, but like Smash above, has transitioned to day trading options on Big Cap names … lots of market wisdom in his every tweet, some of which contain mild profanity … his entire tweet stream has been collected and treasured by many … quick to reply to DMs … another generous old? guy who has been in the trenches.

10. @TSXtrad3r … Early 30s (Gen-Y) … full-time independent trader, formerly a prop trader … Canadian, so you know he’s honest … expert execution skills and fond of countertrend scalping as well as catching bigger turns. Generous with his knowledge, especially if you were a member of his room at one time or another.
    

Movies Watched -- Gun Crazy (1949)

87 minute running time, so the perfect length. Bonnie and Clyde, updated to 1949 … some good lines, the greedy femme fatale is actually attractive for once, but I wasn’t super thrilled with this … noir for sure (link between sex and violence more explicit here).

Dick Brody on its “flamboyantly Freudian premise.“

You better kiss me good-bye, Bart.

Movies Watched -- Winchester '73

92 minute running time, so the right length. Story of patricide and fratricide and slaughtering the Injuns and all those other great American traditions…. Jimmy Stewart went to Princeton but learned how to ride a horse. Rock Hudson as Sitting Bull a highlight. I wasn’t that thrilled with this, I’d give it a miss.

I went yellow, crazy yellow!

Beware of These Dreaded Phrases

I thought this chart from ceedub888 was revealing and instructive. It contains two of the most dreaded phrases that can ever enter a trader’s head: “average down” and “wanted a move to … breakeven.” If you ever find yourself averaging down or thinking about getting back to breakeven, instantly exit the trade … that’s my advice.

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Movies Watched -- Boiler Room (2000)

119 minute running time so at least 20 to 30 minutes too long. The original ending was included on my disc, and it was a little better than the feel-good ending they went with in the end, but it still wasn’t very good. Lost count of the number of F bombs thrown in the movie. Not badly done, very enjoyable in parts — Wolf of Wall Street definitely benefited from taking parts of it (the rebuttal book, etc.) — but a yellow rating at best.

Do you know what bridge financing is?

Movies Watched -- Clean, Shaven (1995)

79 minute running time, and actually less given the extensive credits. Mental health movie, tough to sit through even given the short length. Unsettling score (similar to Under the Skin). A case of mistaken identity in the end, or not, we just don’t know, but Peter is probably innocent of a crime?? The guy who made Memento probably studied this movie. Super disturbing, not enjoyable, but A for effort. Capital A.R.T. art crowd (who can bear a little gore) only, please.

Eddie Guthmann’s brief review.

Dad still has to remove the receiver from his head

Studying Madaz's Trades in $SES

Madaz was generous enough to post this YouTube video, which includes live footage of his trading screens from Monday, October 14, 2019. He walks viewers through three of his trades which contributed the bulk of his day’s profits. I’ve studied the chart and present my annotated notes on it below. People think I’m down on Madaz, but I’m not at all … he has found a scalping style that works for him, and I appreciate being able to study his work.

Make sure you click the chart to enlarge it.

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Movies Watched -- The Narrow Margin (1952)

71 minute running time so super tightly written and filmed … loved this movie! Real noir … dark and dangerous, everyone in shadow, snappy dialogue, smart story … just really well done from start to finish. Highly recommended. Definitely a top ten movie from 1952 (oddly missing from this list).

Miss Utah eyeing the officer’s gun

Movies Watched -- The Kids Are All Right (2010)

106 minute running time so just over the sacred 100 minute mark. More homosexual propaganda from Hollywood … movie was written and directed by a Jewish lesbian. Annette Bening and Julianne Moore play a lesbian couple with two lovely, well-adjusted kids … the kids want to meet their sperm donor, who turns out to be the gorgeous Mark Ruffalo. The kids like Mark and Julianne even starts sleeping with him, thus throwing the “family” into total disarray. No worries though, the goofy straight hunk Dad is cast aside by all, and the gay family lives happily every after. There are a lot of funny bits, it isn’t badly made, but of course it’s morally reprehensible (I’m only half-joking). Avoid.

Tony Lane wasn’t thrilled either: “… by an irony that Cholodenko may not fully have intended, the climax of ‘The Kids Are All Right’ grows suddenly humorless, and close to vengeful, in its moralizing glare.”

Sperm worth $60 bucks a pop

Top Five Places to Visit in Toronto

We visited Toronto over the Columbus Day weekend and thought these were the best five places we saw. They’re all available using CityPASS, which is a real money saver. The photos below are all ones I took on the trip.

1. CN Tower … impressive views. Go first thing in the morning to avoid the crowds. We had a two minute wait for the elevator. We did go up to the “SkyPod,” which is another 100 meters above the main observation level, which I think cost another 20 bucks? per person, but it wasn’t really worth it, you can skip that bit.

2. Ripley’s Aquarium … not the second best place to visit, but it’s right next to the CN Tower so I included it here. Again go early in the morning before the crowds get there. If it’s crowded, it’s not very pleasant.

3. Toronto Zoo … nice zoo, big enough so that even if there are a lot of people around, it doesn’t feel crowded. Has a great zip line down a gorge, which the whole family enjoyed, and I strained it to the max with my Falstaffian bulk — hit top velocity for sure. There’s a small ropes course at the end of the zip line which the kids enjoyed and their aging parents suffered through. They also have “excursions” (forgot the name) which are like short, private tours of various animals … we did the caribou — well worth the money.

4. Casa Loma … crazy mansion built by a guy named Pellatt, who, like Jesse Livermore, was called a Boy Plunger. Dad was a stockbroker and he was too, made first fortune in Northwest Land shares, reinvested in electrification of Toronto, got richer, government seized his company (the bastards), he invested in all kinds of companies, got richer, but eventually went broke (Home Bank of Canada failure), died poor and ignored by son and old “friends” … fascinating story … anyway he built this giant house along the way in 1914, which is definitely worth a visit.

5. Royal Ontario Museum … this place reminded me of the Victoria and Albert Museum in London … just chock full of stuff. My approach to museums is you should go see only one section at a time, otherwise you’ll get overwhelmed. You could spend many days exploring the different sections, one at a time. We did a whirlwind tour.