Brian Lee | Freezing

Brian Lee

@BrianLeeTrades

·

Nov 28, 2024

Happy Thanksgiving! Putting out a new video on the topic of "Freezing", something you've probably heard me say or write in the past. The goal is to consolidate the information I've shared online & make it easy to digest once and for all: https://youtube.com/watch?v=srO8WBMg9gU…  

Watch 1.5-2x! 

0:00 Introduction

0:40 What You'll Learn 2:28 Prerequisite Knowledge 10:40 Freezing 22:05 Wiring Thresholds and Buffers 26:56 Rinse, Repeat, Trust the Process 36:16 Deep Drawdown Tech 43:37 Final Words

Jesse Livermore

Another discipline Livermore started later (and if he had done so sooner... would have help

him avoid some of his lowest moments) would be to take half of his profits and put them 

in reserve. This reserve would serve him well in advoding bankruptcy. It also supplied needed 

capital when the market would turn, and he could use it to take advantage of changing market solutions."

Final Words

"It's a hallmark of any compounding process: the most powerful outcomes are delayed"

James Clar, Author: Atomic Habits

Comments:

- suggest to test your R level in different markets to make sure you're good in up and down market cycles - if the money means anything at all: you should spend more time on it until you don't care if you lose or if 2-3 max losses in a row. No over happiness when you wire. I deserve it and fully accept it - whenever possible, you want to reduce the amount of net worth linked to your account. To not be emotionally tied to it and to protect yourself from the down side - all the money in your account is liable to being lost - wire out: buy your time. If you don't wire out, you're basically saying you're comfortable to lose everything - master each level: building a foundation for yourself. Then you can manage your stress and emotions as any of these levels. Then you can trust in yourself and the process and find enlightening moments - deep drawdown: outlier day process of wiring out 50%