This new daily segment that bring the best of the Finance Twitter to our readers every day. These are what I considered today’s best pre-market tweets.
Even one of the very best performing stocks in the U.S. markets has had meaningful drawdowns every single year since it is a public company. The opportunities were there to be seized,
"Amazon $AMZN has had a double-digit drawdown in all 20 years it's been public, averaging - 36%!" —Josh Brown (@ReformedBroker)
This was a kind of obvious consensus trade post-election (long Russia, short Mexico), even though it has been performing well,
"Returns since the election...Russia: +21% ($RSX ), Mexico: -18% ($EWW)"—Charlie Bilello, Director of Research at Pension Partners (@charliebilello)
Successful traders embrace simplicity and consistency. Here is a good example of that,
"I have noticed long term successful traders have a uniform chart they like to view the action through... sorta like speaking a language." —stt2318, Traders Toolbox (@stt2318)
Combine your trading skills with a new way to look at the markets to find new profitable trading edges,
"The future belongs to those who learn more skills and combine them in creative ways." —Robert Greene, Bestselling author (@RobertGreene)