Looking at Bitcoin's price action, it looks like the U.S striking Iran was already priced in.

Today's trading lesson:
. Successful trading is about cost of capital not capital gains.
- To maximize capital gains, you must minimize cost of capital.
- Higher risks trades require a higher hurtle rate.

Nice bounce on Bitcoin today. Even better if you own a Bitcoin Treasury Company!
. What's the difference?
- Bitcoin was up 8.45%
- ASST 19.19%

Today's trading lesson:
. Successful trading is about actively managing equity, debt, and credit not timing price breakouts, tops or bottoms.
- Leverage facilitates liquidity and price discovery.

Today's trading lesson:
. Successful trading is about managing risk not risking management.
- Profitability should be define by your trade range not your emotions.

This week's trading summary:
. In trading just like in life itself you have to realize one thing.
- You can't have it both ways.

Today's trading lesson:
. Successful trading is about rising tariffs not rising expectations.
- There is no such thing as free trade.
- You either pay to trade or trade to pay.
- If you want lower tariff you have to lower interest rates.

Today's Trading lesson
. Successful trading is about:
- Accumulating not buying
- Expanding not holding
- Distributing not selling.

Today's trading lesson:
. Successful trading is about being proactive not reactive.
- By the time the news brakes it's already to late.

Today's Trading lesson:
. Successful trading is about negotiating not speculating.

Happy President's Day 🇺🇲

Happy Valentine's Day 🧡