There’s a universal rule in trading, and bagholders will never accept it.
Once you break that mindset, once you get to the point where every single decision you make is your decision, you take ownership. That separates you from the 90% who fail.
Here’s the Daily Accelerator agenda for today:
- The Big Picture: Stop the “Webull won’t let me trade it” whining. It’s time for a little harsh reality about trading and life. You can thank me later.
- Watchlist: From after-hours trading on Friday to after-hours last night, this one was up 819%.
- On My Radar: The SpaceX IPO, who fooled who on April Fools’ Day, and don’t even think of calling it a “she shed.”
The Big Picture
The universal rule is that bagholders will never take responsibility for their poor decision-making. That’s what makes them a bagholder.
Real traders cut losses or take profits. They own their decisions. So, if you’re trading a sketchy Chinese stock and there’s a good chance the bottom could fall out, know exactly what you’re doing. Trade them but don’t date them, as we say.
Recently, a lot of people have been complaining about Webull not letting them trade certain stocks. First, I use Interactive Brokers. I’ve been using them for years. But if you’re using Webull, understand that the reason they block these stocks is because of all the bagholders. Then the bagholders blame Webull.
If those people took ownership, recognized they made a terrible decision, and accepted it’s their fault…
They could learn the lesson and move on. But they don’t.
Nobody made them press the buttons. They put themselves in that position, and that’s why they’ll never succeed. Stop blaming the broker, the company, the phases of the moon, Bigfoot, or anything else. I’ve even heard someone blame the Illuminati…
“The Illuminati dropped the bottom on me.”
No. You bought the sketchiest stock in the world. It reversed. You chose not to cut it. The Illuminati didn’t do that to you, brother. It wasn’t the CIA or black helicopters. It wasn’t Lee Harvey Oswald on the grassy knoll. You chose to do that.
Take ownership. It’s the only way to succeed in this game.
My Take
Do your due diligence on any stock you trade so you know what you’re getting into. Use StocksToTrade and all our services, including my algorithms, to learn and grow your account. Remember, your goal is to become independent. Oh, and beware of conspiracy theories. Don’t go down those rabbit holes. They’re a waste of time. Focus on taking responsibility.
Watchlist
PMGC Holdings, Inc. (NASDAQ: ELAB) has been on my watchlist all week. Yesterday, it squeezed into the $14s in after-hours trading.
Source StocksToTrade, ELAB, 3/27/26 after-hours to 4/1/26 after hours, squeeze style play
This thing squeezed hard on Tuesday and harder yesterday. I alerted it several times this week, including…
- Double Down yesterday afternoon
- Daily Market Profits yesterday morning
- Oracle yesterday morning
- Pre Market Prep yesterday
- Two Minute Trader on Tuesday (twice)
My point being, if you are part of our community, you’ve had several opportunities to trade ELAB. If you’re not, get in.
On My Radar
- Who fooled who? The markets extended the rally for a second day on April Fools’ day.
- Lift off! SpaceX filed to go public yesterday. We’ve known it’s coming, now strap in for launch.
- I’m thankful it’s warming up. Sometimes in the winter, I look out the window and don’t look forward to the walk. My office from the outside…
Source: my camera
Don’t even think about calling it a “she shed”…