S. Joseph Burns

S. Joseph Burns

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Trend/momentum trader and educator; TA + trading psychology, risk rules, and clean pattern charts.

Buffett Lauds Medallion Fund’s 39% Decades‑long Returns
SocialMay 11, 2026

Buffett Lauds Medallion Fund’s 39% Decades‑long Returns

Warren Buffett acknowledging the success of the Medallion Fund: "Jim Simons' Medallion Fund has done 39% net of fees for three decades, which proves that it works". "They were very, very smart". "We are not trying to make money trading stocks. We don't...

By S. Joseph Burns
Creativity Equals Math: Quantity, Remix, Persistence Drive Breakthroughs
SocialMay 11, 2026

Creativity Equals Math: Quantity, Remix, Persistence Drive Breakthroughs

Creativity is Math: Creativity isn’t random…it’s math. More attempts = more hits (Law of Large Numbers). Most ideas flop, few go viral (Zipf’s Law). New = old things recombined (Boden). Skill compounds like interest (10k hour rule). Magic happens at the edge of chaos. Creativity = Attempts...

By S. Joseph Burns
Price Over Prestige: Wait for Affordable Great Companies
SocialMay 10, 2026

Price Over Prestige: Wait for Affordable Great Companies

Warren Buffett’s Protege Greg Abel on the importance of price in buying companies and stocks: "It's not that we don't see exceptional companies out there today that we'd love to own. But we’re not interested in acquiring companies at that price" "That...

By S. Joseph Burns
Historic Buffett Indicator Spike Predicts S&P Downturn
SocialMay 10, 2026

Historic Buffett Indicator Spike Predicts S&P Downturn

Hey @grok The "Buffett Indicator" is currently sitting at 229% of GDP—the highest level in history. While everyone is talking about the "New AI Era," Berkshire is sitting on nearly $400 billion in cash. Show me the last 3 times this...

By S. Joseph Burns
Spotting the Stock with Maximum Smart Money vs Shorts
SocialMay 9, 2026

Spotting the Stock with Maximum Smart Money vs Shorts

Hey @grok Look at the last 90 days of short interest growth and insider buying combined. Which stock has the most extreme “smart money loading while shorts pile in” setup right now?

By S. Joseph Burns
Cut Toxic, Unreliable People Out of Your Life Fast
SocialMay 9, 2026

Cut Toxic, Unreliable People Out of Your Life Fast

"The toxic people who are trying to fool you or lie to you — who aren't reliable in meeting their commitments — the great lesson is [to] get them the hell out of your life. And do it fast". —...

By S. Joseph Burns
Study More, Trade Less: Master Entries Quickly
SocialMay 9, 2026

Study More, Trade Less: Master Entries Quickly

If you really want to improve your trading: Do more chart studies and backtests than trading. Spend hours studying to spend minutes on entries and exits.

By S. Joseph Burns
Some Survive Life's Harsh Blows, Others Don’t
SocialMay 9, 2026

Some Survive Life's Harsh Blows, Others Don’t

"Life will have terrible blows, horrible blows, unfair blows. Doesn't matter. And some people recover, and others don't.” — Charlie Munger https://t.co/YmwCpDrDHX

By S. Joseph Burns
May Consumer Sentiment Hits Record Low Amid Gas Surge
SocialMay 8, 2026

May Consumer Sentiment Hits Record Low Amid Gas Surge

Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook: CNBC

By S. Joseph Burns
Free Guide to Master 6 Fibonacci Patterns
SocialMay 8, 2026

Free Guide to Master 6 Fibonacci Patterns

Here’s a link below to a FREE Fibonacci Trading Strategy Guide (ebook): 📈📉 Learn the 6 Fibonacci Pattern Types that Create the Most Precise Price Levels, Targets, and Reversal Zones for traders. Click here: 👇 https://t.co/AXA7xH9yWB FREE today courtesy of: @StockChartPros https://t.co/59KTpmSqwq

By S. Joseph Burns
Avoid Averaging Down: Stop Compounding Trading Mistakes
SocialMay 8, 2026

Avoid Averaging Down: Stop Compounding Trading Mistakes

The most important trading advice for risk management: Never average down in a losing trade. Don’t compound your errors.

By S. Joseph Burns
Seek Contradictory Evidence Quickly, It's Your Duty
SocialMay 8, 2026

Seek Contradictory Evidence Quickly, It's Your Duty

"Charlie and I believe that when you find information that contradicts your existing beliefs, you’ve got a special obligation to look at it - and quickly." — Warren Buffett https://t.co/Vux6lTU7V0

By S. Joseph Burns
Relive Trades to Sharpen Execution with Market Replay
SocialMay 7, 2026

Relive Trades to Sharpen Execution with Market Replay

Most traders review. The ones who improve actually relive the trade. That’s where execution gets sharper. Start using Market Replay 👉 https://t.co/N1hOmICN4a

By S. Joseph Burns
Markets Expose Weaknesses; Traders Self‑Destruct Under Pressure
SocialMay 7, 2026

Markets Expose Weaknesses; Traders Self‑Destruct Under Pressure

The market reveals all your emotional and psychological weaknesses. It doesn’t break traders, they self-destruct under pressure.

By S. Joseph Burns
Optimal Neutral Portfolio Calls for 15% Gold or Bitcoin
SocialMay 7, 2026

Optimal Neutral Portfolio Calls for 15% Gold or Bitcoin

"If you were neutral on everything and optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin." — Ray Dalio https://t.co/elQjKS4LwD

By S. Joseph Burns
Wealth Pursued for Freedom, Not Fancy Cars
SocialMay 7, 2026

Wealth Pursued for Freedom, Not Fancy Cars

"Like Warren [Buffett], I had a considerable passion to get rich, not because I wanted Ferraris – I wanted the independence. I desperately wanted it."  — Charlie Munger. https://t.co/cs6XJegY61

By S. Joseph Burns
Changing the World Demands More than a 40‑hour Week
SocialMay 7, 2026

Changing the World Demands More than a 40‑hour Week

“There are way easier places to work, but nobody ever changed the world on 40 hours a week.” — Elon Musk https://t.co/sz38rI9C0T

By S. Joseph Burns
Let Go of These 10 Habits for True Happiness
SocialMay 7, 2026

Let Go of These 10 Habits for True Happiness

10 Things To Let Go Of To Become A Happier Person, According To Charlie Munger https://t.co/hdHEPDA7Co

By S. Joseph Burns
Trump Threatens Escalated Bombing of Iran over Peace Deal
SocialMay 6, 2026

Trump Threatens Escalated Bombing of Iran over Peace Deal

Trump says Iran will be bombed ‘at much higher level’ if they don’t agree peace deal: CNBC

By S. Joseph Burns
Short-Term Losses, Long-Term Wins: Embrace the Battle
SocialMay 6, 2026

Short-Term Losses, Long-Term Wins: Embrace the Battle

“I never feel stressed after losing money. I may feel for 5 minutes but as Churchill once said - you will loose many battles to win a war.” - Rakesh Jhunjhunwala

By S. Joseph Burns
Even Renaissance's Edge Yields Only 50% Winning Trades
SocialMay 6, 2026

Even Renaissance's Edge Yields Only 50% Winning Trades

“For all the unique data, computer firepower, special talent, and trading and risk-management expertise Renaissance has gathered, the firm only profits on barely more than 50 percent of its trades, a sign of how challenging it is to try to...

By S. Joseph Burns
Munger's 5 Secrets: Keep These Private for Happiness
SocialMay 6, 2026

Munger's 5 Secrets: Keep These Private for Happiness

Charlie Munger On The Power Of Silence: 5 Things You Should Keep Private For A Happy Life https://t.co/Knrlutk3oj

By S. Joseph Burns
Oil Prices Tumble as US‑Iran Peace Talks Near Breakthrough
SocialMay 6, 2026

Oil Prices Tumble as US‑Iran Peace Talks Near Breakthrough

Oil prices plunge on report U.S. and Iran closing in on a deal to end war; WTI crude down to $94: https://t.co/QnyEIvjrSL

By S. Joseph Burns
Trump Halts Hormuz Escort Mission, Citing Iran Deal Progress
SocialMay 5, 2026

Trump Halts Hormuz Escort Mission, Citing Iran Deal Progress

Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress: CNBC

By S. Joseph Burns
Market Hits Record Valuation, Buffett Indicator Tops 227%
SocialMay 5, 2026

Market Hits Record Valuation, Buffett Indicator Tops 227%

Stock Market reaches it’s most expensive valuation in history after the Warren Buffett Indicator hits 227%, surpassing the Dot Com Bubble and the Global Financial Crisis: https://t.co/c3rpLbz8So

By S. Joseph Burns
Avoid Chasing Losses: Don't Replicate Mistakes
SocialMay 5, 2026

Avoid Chasing Losses: Don't Replicate Mistakes

“A very important principle in investing is that you don’t have to make it back the way you lost it. In fact, it’s usually a mistake to try to make it back the way you lost it.” — Warren Buffett...

By S. Joseph Burns
Five Affordable Assets Working Class Can Use to Build Wealth
SocialMay 5, 2026

Five Affordable Assets Working Class Can Use to Build Wealth

5 Things The Working Class Can Buy To Build Wealth, According To Dave Ramsey https://t.co/S6Hi2bXpk1

By S. Joseph Burns
Cohen Proposes GameStop Issuing Stock to Acquire eBay
SocialMay 4, 2026

Cohen Proposes GameStop Issuing Stock to Acquire eBay

Ryan Cohen tells CNBC GameStop could issue more stock to buy the much larger eBay: CNBC $GME $EBAY

By S. Joseph Burns
Master Your Emotions, Discipline Drives Trading Success
SocialMay 4, 2026

Master Your Emotions, Discipline Drives Trading Success

“Trading is a mental game. You have to become the boss of your actions and reactions—which means becoming the boss of your emotions. Then, and only then, does discipline have the opportunity to develop… and consistency drive performance. Without...

By S. Joseph Burns
Stock Returns Mirror Underlying Business's Capital Earnings
SocialMay 4, 2026

Stock Returns Mirror Underlying Business's Capital Earnings

"Over the long term, it's hard for a stock to earn a much better return than the business underlying it earns. If the business earns 6% on capital... you're not going to make much more than 6%." — Charlie Munger....

By S. Joseph Burns
AI Assistant Keeps Traders Executing, Not Hesitating
SocialMay 3, 2026

AI Assistant Keeps Traders Executing, Not Hesitating

Most traders don’t struggle with strategy. They struggle with execution. They see the level. They know the setup. Then hesitate or break their rules. NeuroTrading Sherpa™ is an AI trading assistant that helps you follow your rules in real time. ⬇️ https://t.co/0UIpgEmHq3 Courtesy of @StockChartPros

By S. Joseph Burns
Identifying Mega
SocialMay 3, 2026

Identifying Mega

Hey @grok Which current mega-cap tech stock looks the most like a future underperformer based on historical valuation extremes and slowing fundamentals?

By S. Joseph Burns
Even Druckenmiller Doubts His Short‑selling Profits
SocialMay 3, 2026

Even Druckenmiller Doubts His Short‑selling Profits

Stanley Druckenmiller isn’t sure if he’s actually made money over his career short-selling. Showing that the bear side isn’t easy. https://t.co/kRlZIYKEZ1

By S. Joseph Burns
Embrace Detachment: 5 Buffett Tips for Happiness
SocialMay 3, 2026

Embrace Detachment: 5 Buffett Tips for Happiness

Warren Buffett Advice: The Art Of Not Caring: 5 Simple Ways To Live A Happy Life https://t.co/5UnD9gZFJv

By S. Joseph Burns
Stress‑Test Your Indicators Before Using Real Capital
SocialMay 2, 2026

Stress‑Test Your Indicators Before Using Real Capital

When and how much should you actually trust your indicators? 📉 Watch this $ES session on the updated @tradesviz simulator w/ MACD. Would you have taken this trade? 🤔 Was the bracket small, or was the setup just flawed? https://t.co/Tv7Ihsxugk lets you test...

By S. Joseph Burns
Only a Handful of Stocks Drove This Week’s Market Highs
SocialMay 2, 2026

Only a Handful of Stocks Drove This Week’s Market Highs

Hey @grok How many stocks really pushed the NASDAQ and S&P 500 to new highs this week? List the only stocks that were the alpha this week.

By S. Joseph Burns
Master Fear and Greed to Win in Trading
SocialMay 2, 2026

Master Fear and Greed to Win in Trading

To succeed in the markets you must overcome your fear and greed, two things you were born with but must be controlled if you want to be a trader.

By S. Joseph Burns
Successful Traders Prioritize Risk/Reward, Not Predictions
SocialMay 2, 2026

Successful Traders Prioritize Risk/Reward, Not Predictions

Almost all the legendary traders I studied did not look for predictions but focused on risk/reward ratios, trend following, systematic trading with a statistical edge, and quantitative analysis. The few predictors were almost all one hit wonders based on luck.

By S. Joseph Burns
Four Unconventional Wealth Lessons From Charlie Munger
SocialMay 2, 2026

Four Unconventional Wealth Lessons From Charlie Munger

4 Ways To Become Wealthy That No One Taught You In School, According To Charlie Munger https://t.co/FRTmnAZ1dk

By S. Joseph Burns
Grab Andrew Aziz’s TradeBook Free on Kindle Today
SocialMay 1, 2026

Grab Andrew Aziz’s TradeBook Free on Kindle Today

Andrew Aziz’s @BearBullTraders book TradeBook is FREE on Amazon Kindle. If you haven’t grabbed a copy yet, now’s the time. 👇 📕 📖 👉 https://t.co/qlY4M59wlH

By S. Joseph Burns
Avoid Disastrous Mistakes by Inverting Your Thinking
SocialMay 1, 2026

Avoid Disastrous Mistakes by Inverting Your Thinking

Charlie Munger's #1 top mental model is Inversion Thinking. He realized success isn't about doing everything right. It's about avoiding the few things that can go disastrously wrong. “Invert, always invert.” https://t.co/IQI0YNxweW

By S. Joseph Burns
Position Sizing Drives 70‑80% of Trading Success
SocialMay 1, 2026

Position Sizing Drives 70‑80% of Trading Success

"What I actually learned is that position sizing is probably 70 to 80 percent of the equation. It's not just about being right or wrong, it's about how much you make when you're right." — Stanley Druckenmiller https://t.co/S37S7hSPet

By S. Joseph Burns
Build Your Edge Using Your Risk‑Reward Ratio
SocialMay 1, 2026

Build Your Edge Using Your Risk‑Reward Ratio

Understand your average risk-to-reward ratio and then build your trading system parameters around it to create a defined edge.

By S. Joseph Burns
Buffett's Top Five Investments to Never Make
SocialMay 1, 2026

Buffett's Top Five Investments to Never Make

5 Things Warren Buffett Says To Never Invest In Or Buy (Avoid At All Costs) https://t.co/TWBI5722Bk

By S. Joseph Burns
Munger's 7 Sacrifices Required for Future Wealth
SocialMay 1, 2026

Munger's 7 Sacrifices Required for Future Wealth

7 Things You Must Sacrifice If You Want To Be Rich One Day, According To Charlie Munger https://t.co/VKcCbrv3um

By S. Joseph Burns
Core Inflation Steadies at 3.2% as GDP Hits 2%
SocialApr 30, 2026

Core Inflation Steadies at 3.2% as GDP Hits 2%

Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter: CNBC

By S. Joseph Burns
Earnings Roundup: META, MSFT, AMZN, GOOGL Mixed Results
SocialApr 30, 2026

Earnings Roundup: META, MSFT, AMZN, GOOGL Mixed Results

Hey @grok Can you give a summary of the good, the bad, and the ugly for $META $MSFT $AMZN and $GOOGL earnings from yesterday?

By S. Joseph Burns
Wealth Comes From Sticking to One Path
SocialApr 30, 2026

Wealth Comes From Sticking to One Path

The biggest part of getting rich is simply sticking to one thing long enough to reach escape velocity. Every time you move to something completely new you return to day one.

By S. Joseph Burns
Destructive Thoughts: Envy, Resentment, Revenge, and Self‑pity.
SocialApr 29, 2026

Destructive Thoughts: Envy, Resentment, Revenge, and Self‑pity.

“Envy, resentment, revenge, and self-pity are disastrous modes of thought.” — Charlie Munger #charliemunger #success #motivation

By S. Joseph Burns