# ![@gfc4 Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::312636941.png) @gfc4 George Coyle

George Coyle posts on X about money, stocks, book, future the most. They currently have [-----] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.

### Engagements: [-----] [#](/creator/twitter::312636941/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::312636941/c:line/m:interactions.svg)

- [--] Week [-----] -86%
- [--] Month [-------] +316%
- [--] Months [---------] +1,306%
- [--] Year [---------] +1,516%

### Mentions: [--] [#](/creator/twitter::312636941/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::312636941/c:line/m:posts_active.svg)

- [--] Week [--] -69%
- [--] Month [--] +150%
- [--] Months [---] +162%
- [--] Year [---] +97%

### Followers: [-----] [#](/creator/twitter::312636941/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::312636941/c:line/m:followers.svg)

- [--] Week [-----] +0.04%
- [--] Month [-----] +1.40%
- [--] Months [-----] +40%
- [--] Year [-----] +182%

### CreatorRank: [---------] [#](/creator/twitter::312636941/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::312636941/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  32.41% [stocks](/list/stocks)  3.7% [cryptocurrencies](/list/cryptocurrencies)  1.85% [social networks](/list/social-networks)  1.85% [technology brands](/list/technology-brands)  1.85% [countries](/list/countries)  1.85% [financial services](/list/financial-services)  0.93% [exchanges](/list/exchanges)  0.93%

**Social topic influence**
[money](/topic/money) 10.19%, [stocks](/topic/stocks) #4049, [book](/topic/book) 8.33%, [future](/topic/future) 5.56%, [the most](/topic/the-most) 5.56%, [if you](/topic/if-you) 5.56%, [trend](/topic/trend) 4.63%, [trade](/topic/trade) 4.63%, [the big](/topic/the-big) 4.63%, [ai](/topic/ai) 3.7%

**Top accounts mentioned or mentioned by**
[@moritzseibert](/creator/undefined) [@gzuckerman](/creator/undefined) [@monsterstocks1](/creator/undefined) [@toptraderslive](/creator/undefined) [@rejectednull](/creator/undefined) [@petrustrader](/creator/undefined) [@peterlbrandt](/creator/undefined) [@twoquants](/creator/undefined) [@likesfriedrice](/creator/undefined) [@nickschmidt](/creator/undefined) [@netcapgirl](/creator/undefined) [@markminervini](/creator/undefined) [@scmallaby](/creator/undefined) [@dailydirtnap](/creator/undefined) [@goncalotrader](/creator/undefined) [@michaeljburry](/creator/undefined) [@hedgefollow](/creator/undefined) [@rjparkerjr09](/creator/undefined) [@bassotom](/creator/undefined) [@aswathdamodaran](/creator/undefined)

**Top assets mentioned**
[CH Robinson Worldwide Inc (CHRW)](/topic/$chrw) [Charles Schwab Corporation (SCHW)](/topic/$schw) [Bitcoin (BTC)](/topic/bitcoin) [Decentral Games (DG)](/topic/$dg) [Walmart, Inc. (WMT)](/topic/$wmt) [Ross Stores, Inc. (ROST)](/topic/$rost)
### Top Social Posts
Top posts by engagements in the last [--] hours

"Explanations I've read include: [--]. AI is going to replace a big part of their business. [--]. DoT rule finalized that stops unqualified foreign drivers from driving trucks #1 is a bit odd because $CHRW is taking the brunt of the hit today and they keep saying they're benefitting from AI. Presumably companies that hire companies like CHRW will bring someone in house to run the AI bot thus making CHRW obsolete Sounds pretty hopeful. Re the DoT rule I don't claim to be an expert on the underlying businesses of these companies but I find it hard to believe the rule is worth 20% of their market cap."  
[X Link](https://x.com/gfc4/status/2022040354065924393)  2026-02-12T20:09Z [----] followers, [---] engagements


"I'm noticing a growing pattern whereby some semi obscure article press release or "whisper" comes out and is interpreted as an indication that AI is going to destroy some company's business causing stocks to get hammered. Today it is $CHRW #EXPD and others. Few days ago it was $SCHW. Any other recent examples Who might be next I can't see the future any better than anyone else and I don't fight long term price trends but this action seems less-then-healthy. https://twitter.com/i/web/status/2022041770087813158 https://twitter.com/i/web/status/2022041770087813158"  
[X Link](https://x.com/gfc4/status/2022041770087813158)  2026-02-12T20:15Z [----] followers, [----] engagements


"Those of you with retirement accounts with big brokerage firms what would you say is your average annual return net of fees but before taxes 6% 7% 9%+ 8% 6% 7% 9%+ 8%"  
[X Link](https://x.com/gfc4/status/2022304485066809430)  2026-02-13T13:38Z [----] followers, [----] engagements


"Dalio says diversification is the holy grail. Druckenmiller says it is the most misguided concept anywhere. Choose your fighter. Diversify Concentrate Don't know Diversify Concentrate Don't know"  
[X Link](https://x.com/gfc4/status/2019453816840609962)  2026-02-05T16:51Z [----] followers, [----] engagements


"@rejected_null Thanks Chicken Joe"  
[X Link](https://x.com/gfc4/status/2021215667962138843)  2026-02-10T13:32Z [----] followers, [---] engagements


"I added Bitcoin to a tactical multi-asset "macro" strategy simulation and it made the CAGR go up by 3% on average per year. However Bitcoin went from $1 to $125000 over the course of the simulation. To achieve a similar result going forward Bitcoin would have to go to $15600000000 (or thereabouts). This seems highly unlikely and thus I start to wonder if it is worth adding Bitcoin to the mix"  
[X Link](https://x.com/gfc4/status/2021294240966271177)  2026-02-10T18:44Z [----] followers, [----] engagements


""The previous US single-stock futures market failed largely due to regulatory complexity and weaker liquidity compared with options and swaps. Adoption this time will hinge on margin treatment and immediate institutional participation." https://financefeeds.com/cme-group-revives-us-single-stock-futures-after-five-year-gap/ https://financefeeds.com/cme-group-revives-us-single-stock-futures-after-five-year-gap/"  
[X Link](https://x.com/gfc4/status/2021948550691926358)  2026-02-12T14:04Z [----] followers, [---] engagements


"@petrus_trader I'm curious if they will gain adoption this go round. Futures offer advantages in terms of not having to borrow to use leverage and tax treatment. Not interested in those things I take it"  
[X Link](https://x.com/gfc4/status/2021950365323997396)  2026-02-12T14:11Z [----] followers, [--] engagements


"Weekend screen of stocks making new highs includes a lot of energy companies and discount stores. AI eats energy so that part makes sense. Meanwhile permanently unemployed humans will apparently be spending a lot of time at $DG $WMT $ROST. The AI takeover fear feels widespread and strong. It should probably be tempered with certain realities on how infrequently worst case scenarios play out. For example robo advisors were supposed to decimate wealth mgmt and robos barely made a dent. Fingers crossed we don't all wind up cows in a field waiting for a humanoid to drop off a bucket of gruel from"  
[X Link](https://x.com/gfc4/status/2022692833019265333)  2026-02-14T15:22Z [----] followers, [---] engagements


"CPOT: "The only thing a trader has is his capital. A trader's capital his account equity is his inventory. It's extremely important to keep that inventory intact. That's why I do not believe in letting losses go against me very far." @PeterLBrandt"  
[X Link](https://x.com/gfc4/status/1052200621758210048)  2018-10-16T14:12Z [----] followers, [--] engagements


"I wrote an article with @twoquants on what I think Renaissance Technologies #RenTec does to make their amazing returns referencing @GZuckerman book. Please have a read if you're interested. Thx https://twoquants.com/decoding-rentec/ https://twoquants.com/decoding-rentec/"  
[X Link](https://x.com/gfc4/status/1351507897713373185)  2021-01-19T12:32Z [----] followers, [--] engagements


"Just finished a paper exploring the #trading methods of Stan #Druckenmiller please take a look if you're interested: http://www.triinv.com/druck http://www.triinv.com/druck"  
[X Link](https://x.com/gfc4/status/1380591028328075264)  2021-04-09T18:38Z [----] followers, [---] engagements


"In my research I didnt find that successful prediction had much to do with success in trading. https://traderprinciples.com/ https://traderprinciples.com/"  
[X Link](https://x.com/gfc4/status/1476599220111032326)  2021-12-30T17:01Z [----] followers, [--] engagements


"I found a lot doing the opposite. I've also had minimal luck making money with complexity. I've had luck with simplicity. I suppose simplicity is relative but I've yet to see some system that has a zillion datapoints withstand the test of time. 3/12"  
[X Link](https://x.com/gfc4/status/1489929426083237888)  2022-02-05T11:50Z [----] followers, [---] engagements


"your backtested results are entirely predicated on the timeframe you tested and the real world might not look anything like that. What else.with pattern-based models the future really has to look like the past. 6/12"  
[X Link](https://x.com/gfc4/status/1489929429270810628)  2022-02-05T11:50Z [----] followers, [---] engagements


"Mean reversion-based models keep getting more lucrative until the odds go 100% in your favor (i.e. 100/100 times the market rallied after N down days so it has to tomorrow right) but these same odds rely again on the future looking like the past and dying on the mountain 7/12"  
[X Link](https://x.com/gfc4/status/1489929430315249669)  2022-02-05T11:50Z [----] followers, [--] engagements


"with mean reverting probabilities usually ends badly. Trend methods account for a future that doesn't look like the past in that as long as the trend stays up you will stay in that market even if it rises for 10k days. But trend systems are full of frailties and 8/12"  
[X Link](https://x.com/gfc4/status/1489929431359664226)  2022-02-05T11:50Z [----] followers, [--] engagements


"First just sharing some hard-learned lessons in hopes it might shorten the journey of others. Second if pursuing quant keep it simple. Third don't make the mistake I often see of assuming applying math to markets gives you superpowers. 10/12"  
[X Link](https://x.com/gfc4/status/1489929433595191300)  2022-02-05T11:50Z [----] followers, [---] engagements


"@LikesFriedRice https://twoquants.com/decoding-rentec/ https://twoquants.com/decoding-rentec/"  
[X Link](https://x.com/gfc4/status/1490050730786439171)  2022-02-05T19:52Z [----] followers, [---] engagements


".its always very difficult in a bear market stocks dont trade with rhythm you get these vicious rallies you get squeezed out of shorts people play all sorts of games" - Stan Druckenmiller"  
[X Link](https://x.com/gfc4/status/1496943194826809353)  2022-02-24T20:20Z [----] followers, [--] engagements


"Food for thought: Successful traders do not believe they can predict anything"  
[X Link](https://x.com/gfc4/status/1523301595466842112)  2022-05-08T13:59Z [----] followers, [--] engagements


"Trading system realities: Trading system designers typically come up with an idea and find a way to test that idea. Designers might say I want to capture long term trends and in order to do so I will use the 50/200 EMA crossover forever long when [-----] and short 1/7"  
[X Link](https://x.com/gfc4/status/1528333129810857984)  2022-05-22T11:13Z [----] followers, [--] engagements


"Ive probably spent as much time studying great traders and their methods as anyone. In doing so Ive come to the conclusion that you can definitely become consistently profitable by studying and adopting successful principles. 1/8"  
[X Link](https://x.com/gfc4/status/1536020126360797185)  2022-06-12T16:18Z [----] followers, [---] engagements


"Secret weapon in trading: willingness to spend time out of markets doing nothing"  
[X Link](https://x.com/gfc4/status/1536475680787116036)  2022-06-13T22:28Z [----] followers, [--] engagements


""What I learned from George Sorossizing is probably [--] or 80% of the equation. Its not whether youre right or wrong its how much you make when youre right and how much you lose when youre wrong." - Stan Druckenmiller"  
[X Link](https://x.com/gfc4/status/1536776931533807616)  2022-06-14T18:25Z [----] followers, [--] engagements


"".the very best traders didn't waste their time or their money looking for cheap low-priced stocks that were somehow 'undiscovered' by everyone else and they surely didn't mess around with penny stocks." - @monsterstocks1 https://www.amazon.com/How-Legendary-Traders-Made-Millions/dp/0071468226 https://www.amazon.com/How-Legendary-Traders-Made-Millions/dp/0071468226"  
[X Link](https://x.com/gfc4/status/1606677255710773249)  2022-12-24T15:44Z [----] followers, [----] engagements


"I've been reading a lot about early 1900s stock traders and I see a pattern forming which continues through modern times. The pattern you ask Pretty much every trader eventually goes on tilt and violates their own rules"  
[X Link](https://x.com/gfc4/status/1616065299429588993)  2023-01-19T13:29Z [----] followers, [----] engagements


"Legendary traders: the market is right. Legendary strategists: the market is wrong"  
[X Link](https://x.com/gfc4/status/1617917762944512001)  2023-01-24T16:10Z [----] followers, [----] engagements


"Market Truth: You don't have to know anything about fundamentals or the future to make money trading"  
[X Link](https://x.com/gfc4/status/1629154993377800192)  2023-02-24T16:23Z [----] followers, [----] engagements


"@nickschmidt My own. It is free: https://traderprinciples.com/ https://traderprinciples.com/"  
[X Link](https://x.com/gfc4/status/1629935157242208256)  2023-02-26T20:03Z [----] followers, [----] engagements


"If the Fed will make depositors whole if things go bad what incentive do banks have to exercise any prudence with deposits"  
[X Link](https://x.com/gfc4/status/1635045639049576448)  2023-03-12T22:30Z [----] followers, 12.9K engagements


"I've been studying great traders for a long time. To the extent they discuss prediction they point out it is impossible and/or not necessary for market success. Yet so many who don't qualify as great traders are predicting the next rate decision. When will the masses wake up to how markets really work Probably not as long as humans crave predictions when facing uncertainty. C'est la vie. Ride winners. Cut losses. Follow price trends"  
[X Link](https://x.com/gfc4/status/1635969076706066440)  2023-03-15T11:39Z [----] followers, [----] engagements


"@netcapgirl Why'd I buy Twitter"  
[X Link](https://x.com/gfc4/status/1652463275387265024)  2023-04-30T00:02Z [----] followers, 14.4K engagements


"As measured by most metrics Jim Simons is the most successful hedge fund manager of all-time. Given the coveted position he held prior to his recent passing (RIP) it might be surprising to learn that he didnt have the easiest road to greatness. This post explores his path. The origin story of Jim Simons can largely be broken down into two parts: obtaining initial capital (part 1) and subsequent hedge fund management (part 2). I will explore each part separately in this post. Note that this post uses information from Gregory Zuckermans @GZuckerman The Man Who Solved the Markets book. If youd"  
[X Link](https://x.com/gfc4/status/1816856688684568979)  2024-07-26T15:22Z [----] followers, [----] engagements


"Jesse Livermore's inflation adjusted net worth over the course of his life will never stop being shocking to me"  
[X Link](https://x.com/gfc4/status/1831779037133656090)  2024-09-05T19:38Z [----] followers, [----] engagements


"@markminervini The realization that cutting losses is the key"  
[X Link](https://x.com/gfc4/status/1834329509929386173)  2024-09-12T20:33Z [----] followers, [----] engagements


"Soros Fund Management launched when George Soros was [--]. Julian Robertson didnt start Tiger until he was [--]. Jim Simons was [--] when he started the Medallion fund. By pretty much any measure these three belong in the top [--] or [--] best hedge fund managers ever. Things to keep in mind if you havent hit your stride by [--] and are concerned about ageism"  
[X Link](https://x.com/gfc4/status/1840032484479611128)  2024-09-28T14:15Z [----] followers, [----] engagements


"Recent returns make it easy to forget that the Nasdaq [---] index took an 80+% drawdown that lasted for [--] years"  
[X Link](https://x.com/gfc4/status/1940505732589469793)  2025-07-02T20:19Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: The game of beating the market exclusively interested me from ten to three every day and after three the game of living my life"  
[X Link](https://x.com/gfc4/status/1941142455602032677)  2025-07-04T14:30Z [----] followers, [----] engagements


"Table shows annual returns for Soros (GS) and Druckenmiller (SD) from [----] to [----]. Data comes from a graph in the back of More Money Than God by @scmallaby (great book). The graph didn't have actual numbers so I eyeballed these but they should be close"  
[X Link](https://x.com/gfc4/status/1957468279141961953)  2025-08-18T15:43Z [----] followers, 35.6K engagements


"@dailydirtnap"  
[X Link](https://x.com/gfc4/status/1957969849579094353)  2025-08-20T00:56Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market your game is to buy and hold until you believe that the bull market is near its end"  
[X Link](https://x.com/gfc4/status/1972670055503548823)  2025-09-29T14:29Z [----] followers, [----] engagements


"There is no "best system" for everyone just as there is no best car or best wife. - Ed Seykota"  
[X Link](https://x.com/gfc4/status/1973117471432274286)  2025-09-30T20:07Z [----] followers, [----] engagements


"@Goncalo_Trader 6/2026"  
[X Link](https://x.com/gfc4/status/1974156622533702022)  2025-10-03T16:56Z [----] followers, [----] engagements


"When I was [--] despite minimal education and experience I thought I knew pretty much everything about markets and trading. Fast forward [--] years and I realized that I actually didn't know it all at [--] but I was pretty sure I had it all figured out at [--] since I was now a seasoned pro. When I hit [--] I realized I didn't know everything at [--] or [--] but was pretty sure I was sitting pretty given all my additional education (self study) and hard-earned experience. Now north of [--] I realize that I have been pretty confident that I had it all figured out almost every step of the way only to look back"  
[X Link](https://x.com/gfc4/status/1975367106385310011)  2025-10-07T01:06Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: Everything seemed to have gone wrong with me. I did not go about bewailing the descent from millions and yachts to debts and the simple life. I didn't enjoy the situation but I did not fill up with self-pity. I did not propose to wait patiently for time and providence to bring about the cessation of my discomforts. I therefore studied my problem. It was plain that the only way out of my troubles was by making money. To make money I needed merely to trade successfully"  
[X Link](https://x.com/gfc4/status/1975573075644346836)  2025-10-07T14:45Z [----] followers, [----] engagements


"I saw a few people calling Fridays move a stock market crash which got me thinking. This post will probably get a few "Ok Boomer" responses but.it is kind of amazing what qualifies as a crash these days outside of COVID for a few days nothing since the fall of [----] has felt anything like the fall of [----]. As my fellow old timers will attest a real market crash isnt a 3% selloff in the indexes from near all-time highs with some more volatile stocks down 5% or so. No a real crash is pretty much terrifying. You start to wonder if the entire system will collapse such that even the shorts wont get"  
[X Link](https://x.com/anyuser/status/1977531510157676908)  2025-10-13T00:27Z [----] followers, [----] engagements


""Every night at about 4:30PM I get [---] charts. They cover just about every group in the stock market every commodity every currency cross I'm interested in every fixed income market around the world.daily weekly and monthly charts.When I make an investment decision.sometimes believe it or not the idea comes from the charts but I will never invest just on a chart. But if I really like the fundamental thesis and the chart stinks I won't do it.I always assume that the market may know something and I've always had a great deal of respect for the market. So I'd say 75% to 80% of my ideas come from"  
[X Link](https://x.com/gfc4/status/1977742863472476271)  2025-10-13T14:26Z [----] followers, 236.8K engagements


"If you look at a lot of charts you find the long-term moving averages (200-day 300-day etc) allow you to capture the really big moves. Backtests show the same. And most great traders will also say the same if asked. Yet I know of almost no discretionary traders who use long-term moving averages when trading. Most use the 50-day or faster. I've yet to find a good answer as to why. Thoughts"  
[X Link](https://x.com/anyuser/status/1978883485461889113)  2025-10-16T17:59Z [----] followers, 14K engagements


"Everyone I know or know of who got wealthy via markets experienced some harrowing drawdowns along the way. I don't think it is possible to make big money in markets without big volatility in your equity curve"  
[X Link](https://x.com/anyuser/status/1979291872712626650)  2025-10-17T21:02Z [----] followers, 14.5K engagements


"Warren Buffett has pointed out that there are no called strikes in investing which means you dont have to swing at pitches (take trades/investments) you dont like as the risk of striking out doesnt apply in investing like it does in baseball. The best track records Ive seen in terms of CAGR and minimal drawdowns belong to traders who sometimes spend long periods in cash. They appear to be adhering to Buffetts dictum. Money managers typically do not have the freedom to spend long periods in cash as clients invariably say something like What am I paying you for I could do nothing myself The"  
[X Link](https://x.com/gfc4/status/1980646002781536740)  2025-10-21T14:43Z [----] followers, [----] engagements


"I see lots of people dunking on @michaeljburry as a result of his 1/31/2023 X post which said simply "Sell" implying it was time to dump stocks. When I was younger I would always see these market legends on TV calling for the end of the world which didn't happen. I'd then see them interviewed at the end of the year and despite no collapse they made money. That was a key lesson that I am sharing with you here. As evidenced by their making money despite the markets doing the opposite of what they said in media they obviously weren't putting their money where their mouth was - at least not for"  
[X Link](https://x.com/gfc4/status/1984253532980101344)  2025-10-31T13:38Z [----] followers, [----] engagements


"@moritzseibert latest @TopTradersLive Open Interest podcast featured David Druz Ed Seykota's first mentee speaking candidly about his experience with Ed. Some of the most insightful commentary on Ed's trading that I've ever heard from a guy who sat next to Ed for [--] months or so. Definitely worth a listen. Some highlights: a systematic traderEd isnt that at all. Not even close. Ed is a technical discretionary trader. He wrote all these programs to support the data presentation that he then used to make discretionary calls about buying and selling. general rules that he followed that he felt"  
[X Link](https://x.com/gfc4/status/1985031599180689429)  2025-11-02T17:09Z [----] followers, [----] engagements


"Excerpt from Livermore's [----] self-penned How to Trade in Stocks: Many years ago I heard of a remarkably successful speculator who lived in the California mountains and received quotations three days old. Two or three times a year he would call on his San Francisco broker and begin writing out orders to buy or sell depending upon his market position. A friend of mine who spent time in the brokers office became curious and made inquiries. His astonishment mounted when he learned of the mans extreme detachment from market facilities his rare visits and on occasions his tremendous volume of"  
[X Link](https://x.com/gfc4/status/1985752338225627424)  2025-11-04T16:53Z [----] followers, [----] engagements


"Take heed youngins the $2000 tariff dividend and the potential 50-year mortgage remind me of a reality I learned the hard way shorting bonds in the [----] financial crisis - never underestimate the potential of the government to dream up new ways to stop a crisis incentivize spending or to generally facilitate economic activity/growth"  
[X Link](https://x.com/gfc4/status/1987617942238834926)  2025-11-09T20:27Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: If you begin right you will not see your profitable position seriously menaced; and then you will find no trouble in sitting tight"  
[X Link](https://x.com/gfc4/status/1989066132750495960)  2025-11-13T20:21Z [----] followers, [----] engagements


"Finished my free downloadable book Principles of Great Traders Foreword by Ed Seykota. Please share and share alike. Thx to: @rjparkerjr09 @moritzseibert @TopTradersLive https://traderprinciples.com/ https://traderprinciples.com/"  
[X Link](https://x.com/gfc4/status/1336859748415762432)  2020-12-10T02:26Z [----] followers, [--] engagements


"Condensed writing: Book on 100+ yrs of great traders: Seykota's trading methods: Soros's trading methods: Exploring RenTec: Free Letter: https://mailchi.mp/36c7397dd67e/the-weekly-digest-912906e=e82c6e021f https://twoquants.com/decoding-rentec/ https://triinv.com/soros https://www.seykota.com/tt/Aggregation/Seykota_FAQ-1.html https://traderprinciples.com/ https://mailchi.mp/36c7397dd67e/the-weekly-digest-912906e=e82c6e021f https://twoquants.com/decoding-rentec/ https://triinv.com/soros https://www.seykota.com/tt/Aggregation/Seykota_FAQ-1.html https://traderprinciples.com/"  
[X Link](https://x.com/gfc4/status/1373338262870355973)  2021-03-20T18:18Z [----] followers, [---] engagements


"The more I study great traders the more I become convinced that exiting losers very very quickly is the "secret" weapon"  
[X Link](https://x.com/gfc4/status/1385341204519428099)  2021-04-22T21:14Z [----] followers, [---] engagements


"Condensed writing: Consistencies of 100+ years of great traders: Seykota methods: Druckenmiller methods: Soros methods: Decoding RenTec: https://twoquants.com/decoding-rentec/ https://triinv.com/soros https://triinv.com/druck https://www.seykota.com/tt/Aggregation/Seykota_FAQ-1.html https://traderprinciples.com/ https://twoquants.com/decoding-rentec/ https://triinv.com/soros https://triinv.com/druck https://www.seykota.com/tt/Aggregation/Seykota_FAQ-1.html https://traderprinciples.com/"  
[X Link](https://x.com/gfc4/status/1475954880498094080)  2021-12-28T22:20Z [----] followers, [---] engagements


"Quant trading lessons from the school of hard knocks a thread: When I first started down the quant path I had these visions of some massively elaborate and complex "supermodel" factoring everything under the sun. What I found over time is the opposite 1/12"  
[X Link](https://x.com/gfc4/status/1489929422614499328)  2022-02-05T11:50Z [----] followers, [----] engagements


"simplicity lives behind the methods of most successful quants not complexity. Systems might look complex as a bunch of simple parts can create a complex looking machine in aggregate but well I found very few successful practitioners advocating for complexity. 2/12"  
[X Link](https://x.com/gfc4/status/1489929424736636928)  2022-02-05T11:50Z [----] followers, [---] engagements


"They're always compelling sounding but they almost always fall apart. I also initially thought using math on markets would make me essentially bulletproof. Having a T-stat [--] or a positive expectation system backtest was as good as money in the bank to me 10+ years ago. 4/12"  
[X Link](https://x.com/gfc4/status/1489929427152687105)  2022-02-05T11:50Z [----] followers, [--] engagements


"How wrong I was and the markets quickly served up some humble pie showing me in real time the dichotomy between sample and population (stats terms). In other words you cannot treat a backtest like it is some unsinkable ship 5/12"  
[X Link](https://x.com/gfc4/status/1489929428243259392)  2022-02-05T11:50Z [----] followers, [---] engagements


"in aggregate are not terribly dissimilar from pattern models. Trend models cut losses on all component markets but there is almost never a mechanism to cut losses on a broken system nor is there a system to fix the broken system. What's my point 9/12"  
[X Link](https://x.com/gfc4/status/1489929432508899328)  2022-02-05T11:50Z [----] followers, [--] engagements


"Fourth markets will teach you the difference between sample and population (statistics concepts) faster than any classroom ever will. Finally quant has its benefits but remember everything is discretionary in the end and math won't enable you to escape emotions. 11/12"  
[X Link](https://x.com/gfc4/status/1489929434618605578)  2022-02-05T11:50Z [----] followers, [---] engagements


"In the end there is no single right answer and it all comes down to finding the right fit for you. 12/12"  
[X Link](https://x.com/gfc4/status/1489929435772076035)  2022-02-05T11:50Z [----] followers, [---] engagements


"Set your return expectations accordingly. https://www.amazon.com/Excess-Returns-comparative-greatest-investors-ebook-dp-B00L80QE2Y/dp/B00L80QE2Y/ref=mt_other_encoding=UTF8&me=&qid=&asin=B00L80QE2Y&revisionId=&format=2&depth=1 https://www.amazon.com/Excess-Returns-comparative-greatest-investors-ebook-dp-B00L80QE2Y/dp/B00L80QE2Y/ref=mt_other_encoding=UTF8&me=&qid=&asin=B00L80QE2Y&revisionId=&format=2&depth=1"  
[X Link](https://x.com/gfc4/status/1490333931958382594)  2022-02-06T14:37Z [----] followers, [--] engagements


"Looking for the secret to success in markets as told by legends Look no further. https://traderprinciples.com/ https://traderprinciples.com/"  
[X Link](https://x.com/gfc4/status/1493613990748074002)  2022-02-15T15:51Z [----] followers, [--] engagements


""No matter how many studies I do I always seem to find that managing your position size throughout the trade helps smooth out the equity curve and improves the return to risk allowing me to sleep better at night." - @basso_tom https://etrworld.substack.com/p/size-really-does-matters=r https://etrworld.substack.com/p/size-really-does-matters=r"  
[X Link](https://x.com/gfc4/status/1508789903060049920)  2022-03-29T12:55Z [----] followers, [--] engagements


"Stuart Walton in Stock Market Wizards"  
[X Link](https://x.com/gfc4/status/1526328996765519874)  2022-05-16T22:29Z [----] followers, [--] engagements


"I've come to believe the secret to successful discretionary stock trading is a willingness to do nothing for extended periods. If you study great discretionary stock traders and/or read @monsterstocks1 books you will see a lot of the great stock traders sat on the sidelines for weeks months and sometimes even a year when their desired trade setups didn't materialize. Ironically investors want results like the greats achieve but almost no investor can handle weeks months etc. of doing nothing"  
[X Link](https://x.com/gfc4/status/1627480152849408001)  2023-02-20T01:28Z [----] followers, 19.6K engagements


"Reminiscences of a Stock Operatortheres a lot of wisdom in that bookjust keep reading what the Old Turkey says about the trend and youll have about 50% of the trading game licked. Stan Druckenmiller 1/n"  
[X Link](https://x.com/gfc4/status/1727329393671016808)  2023-11-22T14:13Z [----] followers, [----] engagements


"Ed Seykota: I can tell you my method to get a job on Wall Street. After graduating from MIT I go down to Wall Street and knock on the door at Merrill Lynch. This guy answers the door and I say "I'd like to start working here right away." He says "Hmmm . 1/6"  
[X Link](https://x.com/gfc4/status/1774831628650467377)  2024-04-01T16:10Z [----] followers, [----] engagements


""When I was [--] I was having a difficult year for a variety of reasons and Warren Buffett sat me down and said look when I was [--] I thought my life was over. Susie had left me and I had already accomplished everything I thought was worthwhile as an investor. Berkshire as far as I knew was at its peak. And to my surprise my life kept getting more and more interesting since and most of the really important things I've done happened after I was [--] and thought my life was over." - Alice Schroeder (Buffett's biographer)"  
[X Link](https://x.com/gfc4/status/1831409636307607663)  2024-09-04T19:10Z [----] followers, 25.5K engagements


"The cost of fees on buy and hold: Using S&P [---] return data from @AswathDamodaran and compounding forward from [----] to the end of [----] $1000 becomes $7.8mm with a 0% fee $3.2mm with a 1% fee $1.3mm with a 2% fee and $521k with a 3% fee. In my travels I've found most people are paying 1.5% to 3% between mgmt fees mutual fund expense ratios etc. If your manager beats the market via returns or otherwise does something of value (ex. reduces drawdowns or volatility enabling you to stay the course) then the fees are likely worth it. The fees might also be worth it if you're getting other services."  
[X Link](https://x.com/gfc4/status/1844437297552306492)  2024-10-10T17:58Z [----] followers, 13K engagements


"In a surreal and awesome turn of events I am co-authoring the next Market Wizards book with Jack. As he says in his post we are seeking one or two more traders for the book. If you think you qualify or know someone who does please submit your information to the link in his post. Working on new Market Wizards book. Still have one or possibly two slots left. If you have a long track record (10 years +) with either exceptional average annual compounded return or return/risk and want to be considered use link below. https://t.co/vojA5bqSSV Working on new Market Wizards book. Still have one or"  
[X Link](https://x.com/gfc4/status/1915895702644838856)  2025-04-25T22:28Z [----] followers, 26.7K engagements


"If the announcement of the forthcoming Market Wizards book has you excited to read about traders take a look at my free Trader Principles book (foreword by Ed Seykota) which outlines the consistent principles of 100+ years of the greatest traders in their own words. Or read my papers on Soros Druckenmiller Marcus etc. All free too. Link in bio"  
[X Link](https://x.com/gfc4/status/1916128540799517059)  2025-04-26T13:53Z [----] followers, 30.2K engagements


"Since both Stan Druckenmiller and Ed Seykota recommend that traders should read Reminiscences of a Stock Operator (details in link below) I've decided to start posting a quote from the book each day. https://triinv.substack.com/p/old-turkey-2023utm_source=publication-search https://triinv.substack.com/p/old-turkey-2023utm_source=publication-search"  
[X Link](https://x.com/gfc4/status/1940770412377657841)  2025-07-03T13:51Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: .so many men in Wall Street who are not at all in the sucker class not even in the third grade nevertheless lose money. The market does not beat them. They beat themselves because though they have brains they cannot sit tight"  
[X Link](https://x.com/gfc4/status/1942229617672421618)  2025-07-07T14:30Z [----] followers, [----] engagements


"Here is a link to my review of Richard Wyckoff's [----] book on how he traded. Lot of great lessons that are still relevant [---] years later. I will post some excerpts in coming days to appease the X algo. https://triinv.substack.com/p/book-review-how-i-trade-and-invest https://triinv.substack.com/p/book-review-how-i-trade-and-invest"  
[X Link](https://x.com/gfc4/status/1942386824334172621)  2025-07-08T00:54Z [----] followers, 10.2K engagements


"Reminiscences of a Stock Operator quote of the day: Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market your game is to buy and hold until you believe that the bull market is near its end"  
[X Link](https://x.com/gfc4/status/1945491110580687339)  2025-07-16T14:30Z [----] followers, [----] engagements


"When I first read Reminiscences I didn't get it. It struck me as a fairly boring story and I didn't fully understand how it related to trading. I wanted a manual not a mediocre story with an occasional point on trading. [--] some years later I get it. It covers so much and each read unearths a market truth that still applies. I also now appreciate the fact that these messages are wrapped in a series of stories. I probably should've started with How to Trade in Stocks before graduating to Reminiscences but so it goes"  
[X Link](https://x.com/gfc4/status/1949984849349030107)  2025-07-29T00:06Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: I was accustomed to regarding the tape as the best little friend I had because I bet according to what it told me"  
[X Link](https://x.com/gfc4/status/1953826029471981730)  2025-08-08T14:30Z [----] followers, [----] engagements


"Decided to share my Sunday morning thoughts on what I think are trading truths. There are a lot of ways to play offense. You can find successful traders trading fast and slow quant and qual systematic and discretionary. But there are very few ways to play defense and the most common method is to cut losses. Some strategies require you to live in front of a screen while some dont. Neither is necessarily right or wrong; which type of trader do you want to be If youre [--] and say you want to live in front of a screen go talk to some [--] year old traders to get their opinion on the matter. Also ask"  
[X Link](https://x.com/gfc4/status/1954531293992997287)  2025-08-10T13:12Z [----] followers, 23.5K engagements


"Byron Wien: You once said to me that I was smart enough to get rich but I did not seem to want to make a lot of money. What did you mean George Soros: Business isn't that complicated. A lot of people of average intelligence make a good living. Really smart people can accumulate a fortune if they are truly committed. Your problem is that you like to do interesting work. Someone who wants to get rich doesnt care what he does. He only focuses on the bottom line. All day long he thinks about how he can make more money. If that means setting up more shoe shine stands thats what he does. Not the"  
[X Link](https://x.com/gfc4/status/1963318059361358048)  2025-09-03T19:07Z [----] followers, [----] engagements


"One of the greatest things that comes from studying successful traders is the realization that truly amazing things can happen in a few years financially speaking. Five years from now your entire life could be drastically better financially speaking"  
[X Link](https://x.com/gfc4/status/1966502864781496533)  2025-09-12T14:03Z [----] followers, [----] engagements


"Why would a dedicated quant firm (DE Shaw) decide to add a discretionary trading fund at the height of the AI boom when in theory quant should be in its heyday with the proliferation of data quantum computing AI etc. As I think about this I remember that it is relatively easy to find discretionary traders achieving great results nowadays but finding outlier quants is difficult if not impossible. When searching for traders for the forthcoming Market Wizards book very few quants came across our desks. Perhaps the boom in AI quantum computing etc. has led us to a place where the competition is"  
[X Link](https://x.com/gfc4/status/1968646854175822291)  2025-09-18T12:02Z [----] followers, 195.1K engagements


"Reminiscences of a Stock Operator quote of the day: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that My sitting tight"  
[X Link](https://x.com/gfc4/status/1968699033351794973)  2025-09-18T15:30Z [----] followers, [----] engagements


"@_The_Prophet__ Sometimes I think about leaving X and then I get interesting responses like this that make the crummy parts of X worth it"  
[X Link](https://x.com/gfc4/status/1968978398073528620)  2025-09-19T10:00Z [----] followers, [----] engagements


"In case it isn't obvious I'm a fan of trading. However when people post videos of themselves trading I see why shows and movies about traders don't work unless the story extends beyond the trading room. Watching someone sit at a computer click a mouse and change their expression (panic euphoria panic euphoria) just isn't very exciting. In fact the functional mechanics of trading are pretty unexciting. And many great traders say good trading is downright boring. They also say that if you're experiencing excitement or big emotions you're probably doing it wrong. Yet despite all of this people"  
[X Link](https://x.com/gfc4/status/1970951850833973660)  2025-09-24T20:41Z [----] followers, [----] engagements


"This post really got me thinking. I must admit I too balk when I see a super trader selling courses. But a lot of highly successful traders say some version of the following: if I double my net worth my life won't really change for the better. However if I lose my net worth my life will definitely change for the worse. With that in mind if you study the past [---] years or so you find that most traders who make a fortune on their own often lose that fortune if they keep trading size. So pragmatically "cashing out" near the top makes sense. But what "should" these traders then do Some people say"  
[X Link](https://x.com/gfc4/status/1972013055769706749)  2025-09-27T18:58Z [----] followers, 28.3K engagements


"Simple quant models applied to the right markets can produce incredible results. My sense is the future of alpha will live in a quant/qual combo wherein the quals identify the best places to invest and the quants design robust systematic models to align with the qual while managing risk"  
[X Link](https://x.com/gfc4/status/1972785919183732880)  2025-09-29T22:09Z [----] followers, [----] engagements


"I intend to share the story of my path to co-authoring a MW book in the book itself. The short version is that I shared my paper on Michael Marcus with @jackschwager hoping for his feedback since he knew Marcus. It is always nice to get "inside" input from direct sources when I write papers on traders based on public information. Thanks to @moritzseibert for the intro - without his intro there probably wouldn't be another MW book. My conversations with Jack eventually led to the forthcoming book. FWIW I wrote the Marcus paper and my other trader papers (link in bio for all publications"  
[X Link](https://x.com/gfc4/status/1974490436002562478)  2025-10-04T15:02Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: Those were long lean years [----] [----] [----] and [----]. There was no money to be made. The opportunity simply wasn't there.The trouble was not that I had lost my grip but that during those four wretched years the opportunities for making money simply didn't exist"  
[X Link](https://x.com/gfc4/status/1975228345261621652)  2025-10-06T15:55Z [----] followers, 11.7K engagements


"Reminiscences of a Stock Operator quote of the day: Never try to sell at the top. It isn't wise. Sell after a reaction if there is no rally"  
[X Link](https://x.com/gfc4/status/1976304898003055075)  2025-10-09T15:13Z [----] followers, 23.2K engagements


"Reading all this stuff about crypto liquidations and a "whale" coming in at just the right time to make a ton reminds me of Livermore talking about bucket shops in the early 1900s wiping out customers that were excessively leveraged. I've become fairly convinced the "games" we all play are not new they just change forms. For example bucket shops for stocks ceased to exist but they now exist in crypto. Or HFT is really just the former floors/pits digitized and put in a co-located server; the server that is closest to the exchange's server enjoys an advantage just like the tallest guy standing"  
[X Link](https://x.com/gfc4/status/1977169491571179862)  2025-10-12T00:28Z [----] followers, 11.2K engagements


"Reminiscences of a Stock Operator quote of the day: On the news the market broke badly and I naturally covered. It was the only play possible. When something happens on which you did not count when you made your plans it behooves you to utilize the opportunity that a kindly fate offers you"  
[X Link](https://x.com/gfc4/status/1977789429726228954)  2025-10-13T17:32Z [----] followers, [----] engagements


"Read this one so many times that it is falling apart might need a new copy"  
[X Link](https://x.com/gfc4/status/1979607201741439028)  2025-10-18T17:55Z [----] followers, [----] engagements


"Continuing with the "big results require big drawdowns" idea I decided to analyze the "results" of some of the world's richest people by looking at their stock prices back to [----] where possible. My generic assumption is that most of their net worth is tied up in their stocks thus their fortunes rise and fall with their stock prices. In the list below I present the maximum drawdown ("Max DD") for each stock. BRK-A (Buffett) Max DD: 51% since [----] MSFT (Gates/Ballmer) Max DD: 69% since [----] ORCL (Ellison) Max DD: 84% since [----] AMZN (Bezos) Max DD: 94% since [----] NVDA (Huang) Max DD: 89% since"  
[X Link](https://x.com/gfc4/status/1979902446756344014)  2025-10-19T13:28Z [----] followers, [----] engagements


"The most successful people I know have one primary thing in common: relentless persistence"  
[X Link](https://x.com/gfc4/status/1980787628371796367)  2025-10-22T00:05Z [----] followers, [----] engagements


"Reminiscences of a Stock Operator quote of the day: In a bull market the trend of prices of course is decidedly and definitely upward. Therefore whenever a stock goes against the general trend you are justified in assuming that there is something wrong with that particular stock"  
[X Link](https://x.com/gfc4/status/1982147985241759940)  2025-10-25T18:11Z [----] followers, [----] engagements


"Fed cuts rates again Trump/Xi agree to tariff truce of sorts and.stock futures are down Day isn't over yet but man this sure smells like a buy the rumor sell the news situation at the moment. For the uninitiated when markets don't respond as "expected" to news (good or bad) pay close attention"  
[X Link](https://x.com/gfc4/status/1983882714471100501)  2025-10-30T13:04Z [----] followers, [----] engagements


"A recent personal trading experience with a lesson for anyone interested. My discretionary trading hasn't been so hot this month. I've mostly waited for my setups and taken positions when they came but for whatever reason (it wasn't a lack of paying attention to the calendar) as soon as I got in my stocks reversed hard on no news and stopped me out. While I know no one is "out to get me" it is easy to feel like the anonymous "they" are secretly conspiring against me. For the most part I have been doing the "right" things in terms of process but have been getting bad results which"  
[X Link](https://x.com/gfc4/status/1983910009483227446)  2025-10-30T14:53Z [----] followers, 60.6K engagements


""Remember the most important thing to successful speculation is to determine the direction of the line of least resistance aka trend. Put the wind at your back and sail forward easily. Keep the wind out of your face - Livermore"  
[X Link](https://x.com/gfc4/status/1984299741505630662)  2025-10-31T16:41Z [----] followers, [----] engagements


"Having read Reminiscences and Livermore's various books and bios many times my personal take is that two people he looked up to were Old Turkey and the nameless guy from the mountains in California who came to his broker's office a few times a year to trade on data that was multiple days old. The commonality of these guys is they played for the big trends. Meanwhile Livermore said it was his sitting that made him the most money. Been thinking a lot about this versus the reality that very few can actually sit on positions for extended periods"  
[X Link](https://x.com/gfc4/status/1985426617414357317)  2025-11-03T19:19Z [----] followers, [----] engagements


"Ben Graham told a story forty years ago that illustrates why investment professionals behave as they do. An oil prospector moving to his heavenly reward was met by St. Peter with bad news. Youre qualified for residence said St. Peter but as you can see the compound reserved for oil men is packed. Theres no way to squeeze you in. After thinking a moment the prospector asked if he might say just four words to the present occupants. That seemed harmless to St. Peter so the prospector cupped his hands and yelled Oil discovered in hell. Immediately the gate to the compound opened and all of the"  
[X Link](https://x.com/gfc4/status/1986261134647717896)  2025-11-06T02:35Z [----] followers, [----] engagements

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