Ahoy. UConn alum and life-long Hartford area resident here to talk about things to do in Hartford before and after basketball. I'm sure there are going to be literally dozens of tourney attendees going to Hartford for the first time. So if you're one of them, read on. Note: I fucking love Hartford, but that's perhaps because it's easier than hating the place you're from. Note: I can update this throughout the day, and am welcome to suggestions. Note: I'm making a few assumptions: First, that you don't have access to a car, and second, that you're somewhere around 30, have a little cash to spend, and don't have kids. 1) Drinking. Downtown Hartford has a lot of bars. They are, for the most part, totally regular. Here are some places that might be the same place, I dunno. I'm only gonna highlight some favorites. But there are plenty. Walkable from the XL Center
Vaughans: A gastropub. Some big TVs, some heavily carved wood ornaments, some good food and a decent draft list.
Pig's Eye Pub: Depending on the time and day, this place can get rowdy with the under 25 crowd. But most of the time it's a pleasant, large, faux-dive with a few pool tables, a rooftop patio, and a larger than average draft list.
City Steam. They brew their own beer and have lots of pool tables. Also TVs. Also a comedy club in the basement?? I don't go here much.
Dish/Salute/Trumbull Kitchen: The holy troika of the world's most regular bars. Do you like grilled salmon? A place to get a cocktail or wine or a beer? Wearing a sport jacket with jeans? Than these places are for you.
Allyn Street Bars: Are you trying to make out with a stranger? Get ready! Sorta dirty, sorta trashy, but also sorta fun if you're in the right mood. A string of bars to which some, in the words of Louis CK, wear their stripey goin' out to get laid shirts.
Maybe snag an uber but worth it
Hog River Brewery. It's a brewery in an old tire factory. Board games, food trucks, draft cider. It's delightful.
Little River Restoratives. Creative cocktails and small snacks. Really a wonderful place to which I hope you all give all your money.
Bin 228. Popular with theater goers. Quiet spot for sandwiches and salads and some other entrees. Real good food for not that much. A personal favorite so it's getting a plug.
Dish/Salute/Trumbull Kitchen: The holy troika of the world's most regular restaurants. Do you like grilled salmon? A place to get a cocktail or wine or a beer? Wearing a sport jacket with jeans? Than these places are for you.
Max's Downtown: It's a real nice place to which I've never been but about which I've heard good things.
The Capital Grille: Another real nice place. Real good steak.
Bear's Smokehouse: The best largest barbecue place in Hartford. Consistently good food served cafeteria style.
Black Eyed Sally's: It's under the Pig's Eye and does southern-inspired cuisine. Gumbo, barbecue, chicken + waffles, that kind of thing. I imagine that if you're here from Memphis or Tulane it might be a little weird. But I bet you're not coming to Hartford from there.
an Uber-ish ride away
Republic at the Linden. Americanish cuisine, a nice bar. Really nice space. At the edge of what constitutes reasonable walk from the XL.
First and Last Tavern. Institution. Pizza. Italian Food. Large tables for a group of 6 to talk loudly with one another.
Mozziacato di Pasquale. Italian bakery and cafe. Get a few pignoli and some lemon ice.
A lot of other places that serve various things.
3) To Do
Go for a walk in Bushnell Park. Do it! It's a nice place. Olmsted-designed with lots of statues and paths and views of the skyline.
The Wadsworth Atheneum: America's oldest public art museum. Worth the $15 admission. Or just go take a photo with the Stegosaurus sculpture to the left.
Connecticut Science Center: It mostly targets the youngins, but it's a fun place to go.
Live Music: Lol jk. What live music happens in Hartford is, for lack of a better term, a bit underground. We don't really have a "go here to listen to live music!" scene. Black Eyed Sally's will have jazz or blues fairly often, though.
Shopping: Lol jk. But Hartford Prints has some nice stuff re: stationary/gifts/things to put on your wall or shelf. Stackpole Moore and Tryon is a high-ish end store for people over 40. Hartford Denim Co. is an uber ride away but they make and sell jeans if you're into that sorta thing.
4) To not do.
West Hartford Center. It's cool I guess? But also super boring offers several bars in close proximity to one another. If you can get there and back easily, then go ahead. It's a fun time. There's a Joseph A Bank, a Whole Foods, and a West Elm. There's an Ann Taylor I think.
New Haven. Way cooler than West Hartford Center, but it's a 45 minute drive. Do you really want to see Yale that badly? They have a museum with dinosaur fossils though :-/
Foxwoods/Mohegan. Yes, they're the biggest casinos in America. But aside from that, you can only play one game at a time. For a weekend in Hartford, not worth the side trip.
What I want to emphasize, above all else, is that Hartford is a wonderful place. In terms of downtown size, it's roughly comparable to Louisville, Raleigh, Memphis, and Richmond. There really is a lot to do. And it's as safe as comparably sized cities. By which I mean, don't go wandering around strange residential streets outside of the downtown at 3am. You don't need to get a ride from one side of downtown to the other, though. Most of all, tell your friends you had a good time, okay? We deal with a lot of shit-talk, some of it justified, but if you can't enjoy a weekend in Hartford it's because you didn't put any effort in. Put some effort in, and Hartford will show you a nice time.
####### $3 TRILLION IN MORE DEBT from the failed tax cuts paired with a massive sell off, bringing the stock market to within a couple thousand of where Obama left it. This is the biggest financial policy blunder and disaster in U.S. History. America is failing like a Trump casino.
"I think I've lived long enough to see competitive Counter-Strike as we know it, kill itself." Summary of Richard Lewis' stream (Long)
I want to preface that the contents of this post is for informational purposes. I do not condone or approve of any harassments or witch-hunting or the attacking of anybody.
Richard Lewis recently did a stream talking about the terrible state of CS esports and I thought it was an important stream anyone who cares about the CS community should listen to. Vod Link here: https://www.twitch.tv/videos/830415547 I realize it is 3 hours long so I took it upon myself to create a list of interesting points from the stream so you don't have to listen to the whole thing, although I still encourage you to do so if you can. I know this post is still long but probably easier to digest, especially in parts. Here is a link to my raw notes if you for some reason want to read through this which includes some omitted stuff. It's in chronological order of things said in the stream and has some time stamps. https://pastebin.com/6QWTLr8T
"The last month has convinced me, that we are going to be heading into a dark place for Counter-Strike esports in 2021."
"I think I've seen the scene essentially kill itself."
"For the past 5 to 6 years, we've basically been in a holding pattern of people coming into our game wanting to run it, wanting to run all of the esports and wanting to profiteer and its been sort of a concerted effort to drive them off and push them away."
"We're spread way too thin."
"If Riot don't get involved and stop the scumbags that have moved over to Valorant from getting their feet under the table, Valorant is going to have real problems."
RL thinks too much has happened all at once for us to do anything except watch it play out, like:
Recent CSPPA strike against BLAST
ESIC failures and them not being supported enough
Teams cheating i.e. coaches/bugs
Widespread match fixing
"People who try to hold bubble events are so incompetent and fuck up and people get the 'rona and its their fault."
"People who say Flashpoint is a bubble is full of shit and is a lie and people are now suffering for that lie."
"To save money they let people go home and break the bubble for a week."
"Not just Flashpoint peoples decision, they have a partner that handles the production." (hinting FACEIT)
"People are trapped in hotels essentially under house arrest because of COVID restrictions and has fucked peoples lives up."
"It's all too much, all of this incompetence, all of this greed, maybe we ride it out."
RL says he has talked to the Riot devs (the ones working on Valorant) and says, "They are so cognizant of all the fuck ups and all the problems we have in Counter-Strike."
He continues to say that this is factored into their business plan and that we never had a competitor, but just so happens to have one coincide, when we are at our worst.
CSPPA - Counter-Strike Professional Players' Association
"Who does this union really fucking serve?"
RL believes that the CSPPA is a mockery.
He points out the hypocrisy that they wouldn't strike for the pros who were kicked out of ESL Pro League, or for Jamppi or dream3r.
He also says ESL paid CSPPA and are racketeering and many other TOs have to pay them to get their "seal of approval"
He says they would strong-arm TOs saying "well if you don't give us the money, these guys are so we'll just have to commit to playing their event."
Also points out that they will strike against a competitor they are not in agreement with (Flashpoint)
RL: "It's what it says about every other time you haven't done it and it's about every time you don't do it now moving forward." "The issues they've chosen to ignore this year alone are embarrassing."
Then he points out that there was no strike for Valve qualifiers even if we have no major but Jamppi and dream3r can't play in them.
"and Valve have said 'Oh yeah we know actually their stories are accurate, Jamppi didn't cheat, now in a legally binding document. Yep dream3r did have his account hacked in a LAN café', but they still can't play. Where is the fucking solidarity? Gone. Doesn't exist. It's not important [because] it doesn't affect you." "That's what the union does right now, it looks after all the tier 1 people."
He says the CSPPA doesn't represent all players all the time and has driven a divide where you have the haves and have-nots
"We have a tier of players that operate with impunity and do not help their tier 2 or tier 3 players out at all." "If you are not a tier 1 player you do not matter, they don't event ask your opinion."
He tells chrisJ to admit and own the fact that the reason he didn't speak up during the ESL Pro League debacle is because it didn't affect him
"They are looking after some players at the expense of other players. How the fuck is that a union?"
He says the BLAST situation is a reasonable dispute and supports the players but is not the right time for a strike and have not even identified the correct enemy
He thinks players are lashing out now due to previous incidents and are upset that BLAST are working with ESIC
He stated that CSPPA shouldn't beefing with ESIC and they should be working in harmony
He says what they need to do is talk with the teams/organizations that have sold that right to BLAST
RL: "Your employers, the people who pay you that massive exorbitant salaries, when you don't stream and you don't do interviews and you offer no value beyond your ability to click heads and you get 25k dollars a month." "Why don't you talk to them about it? Oh right. You're happy to take away BLAST's paper, but you don't want to risk your own."
"I am seeing such unbelievable cowardice from the players here with the battles you choose."
"Where was the strike action when in the qualifiers for the world championship, there were teams and players engaged in huge conflicts of interest?" "Where was the strike action when your image rights were taken and sold to every league you've ever been in every union type organization you've ever been associated with like, WESA, to your org every time you sign a contract, to the leagues you play in."
"Your image rights are essentially worthless now, there's about 10 fucking separate parties that have them, and how many of them are giving you anything for it? Not much pretty much your org by the way."
"That's a big issue. Your image is you, your image is your brand. What are you doing about that? Nothing."
He is also angry at SirScoots who is "popping off" at people on Twitter who all want the same thing, which is 'A unified Counter-Strike scene for everybody, that works for everybody, that has a sustained ecosystem that nourishes everybody.' "We don't have that now."
He also says their rankings are a joke
"Just so happened, oh look TACO, that very important prominent member of the board, we pushed his team artificially up when they weren't even in the fucking top 20, not by a long shot."
He also says the ineptitude of the CSPPA cost Flashpoint a monitor sponsor
"Is it really a player association or is it like a fucking agency at this point"
ESIC - Esports Integrity Commission
"They have been put in an impossible position."
RL says that Ian Smith, the founder of ESIC and who was done work in mainstream sports, is a good and honorable man who has dedicated his life to integrity and sports. He takes on both sides, ensuring match fixers are punished, but also doing appeals and ensuring those punishments were fair.
"ESIC is a tiny organization" and are in need of money, "They didn't run a grift like the CSPPA did."
"Saying 'you want our support and you want the players to turn up you better pay us.' They don't do that."
"Had startup seed money from MTG and since then they've been pecking shit with the hens."
Ian Smith made sure that the money given by MTG (Modern Times Group, parent company of ESL, ESEA, DreamHack) was nothing more than startup money and wouldn't be in debt to them
Ian Smith sat down with other TO's not part of MTG and wanted to partner with them. They declined and called ESIC "ESL spies and we will never align ourselves with you"
"They only were just able to afford, hiring a PR guy on a full time salary to deal with the press and send out those releases you've seen, this year."
"They have a tiny group of staff investigating these things and they have taken on the biggest problems in our scene: the cheating, the match fixing."
ESIC have had "unprecedented levels of cheating to deal with, because there's something wrong with our scene ever since we went online. There's something wrong with it, everyone's lost their fucking pride and self-respect and they got no passion for it anymore, so they think fuck it, what's in it for me?"
He calls out coaches who are talking about players rights when they would rob and steal from them.
Also says more coaches being banned are coming
He also points out flaws in community's reaction to the punishments to coaches bans: "Half of the cunts still have jobs and some of the cunts got new jobs. We didn't even shun the cheating coaches."
ESIC have "found I think another 2 or 3 exploits like that one and they are investigating them all right now, it's going on right now."
"I know that there are going to be more names getting banned, again."
"So they're doing that on a skeleton crew while, investigating 3 continents worth of match fixing in MDL and semi-pro level CS." "They're doing this with half a dozen people." "They don't have any money or any help. People barely even fucking cooperate with them, they are treated like pariahs. It's ridiculous."
"Why are the CSPPA popping off at ESIC on my Twitter timeline, when you should be working together." "because its all about what's in it in for me." "2020, the online era of CS: 'What is in it for me?' How can I cheat, how can I get my paper, how can I bleed this scene one last time before I fuck off and play shooty shooty bang bang Riot Games babys first fps."
RL says that in the CIS region, teams have gone to tournaments and have been eliminated multiple times by the same team. We found out they were cheating and those players who lost, have been cut from their roster, careers ended because of cheaters.
"They're all at it in the online era, they're all at it, they're all cheating, they're all using exploits, probably that see through smoke bug got used a bunch of times"
RL talks about how there is no integrity from dead (the player), always denying when caught doing something
On the topic of 'BLAST never said we couldn't stream snipe': "Lies, BLAST never said you could do that, they had to sort of retcon it." "because what happened after that they fucking started snitching and squealing"
"Suddenly you had like, 10 of the top 15 teams in the world, staring into the abyss of being banned for 6-12 months in line with ESIC recommendations."
He says that ESIC was put in a tough situation and couldn't enforce the bans because it would have resulted in killing CS. What resulted was, BLAST, ESIC, and teams came together and gave them a warning and told them, in RL's words "don't do this again or you're gonna get got."
He then says the top teams brushed this off and didn't give a fuck
The new MiBR team playing Flashpoint, that wasn't involved in the previous incidents are doing it again (stream sniping). He gave credit to Flashpoint for the quick resolution and punishment and respect for cogu's response to the situation.
"ESIC came out and said, once more, 'Guys, zero tolerance from now on.'" RL then got upset at community's reaction calling ESIC "pussies" for their non enforcement and said if we want competitive CS we cant ban the top 10 teams.
He points out how players have no integrity and will do anything for an edge as long as they won't get detected or banned or it's within a grey area.
"All of this shit was mad avoidable, even in the pandemic era."
He talks about why aren't we filming them. Why aren't there representatives for leagues and tournaments making sure players aren't cheating?
"How many years have we let our scene be fucking pillaged by these greedy cunts?" "We just let it happen."
RL says that gambling and skins betting which existed in moderation was "accelerated and blown up by the Call of Duty greedy fucks."
"Never forget TmarTn was on the board of EnVyUs." "His website, CSGOLotto, they had a bunch of off-the-books sponsorships." "NBK promoted them. People forget."
"Those people who had access to the skins, go to the players" "Even people like s1mple, best player in the world, even he scammed knives and skins off fucking fans."
Owners of skin casino sites would approach pros and lend them skins to use in tournaments and possibly keep them after reaching a deal
Players would tip off inside info about matches and teams in exchange for skins. Info such as: roster changes, how they played in scrims
They would use this info to bet and subvert the odds on their sites. "That happened religiously, I can't even tell you how many times it happened."
"I had access to the biggest database of information, from an inside betting circle in NA, and it would take information and screenshots from other pro players, who were feeding them info in exchange for money or skins."
"Some of these players are still playing." "Incredibly, there are players still in the CSPPA today, complaining about the BLAST recordings, that were embroiled in this murky shit back then."
RL also says that there were tournaments where teams contrived with each other, who should throw, who should win.
"There's a handful of people that are trying to fucking clean it up, and you think you get something over the line and you see something like the CSPPA and it's run by corrupt fucking chuckle heads, and now you've got another corrupt body you have to fight on a fucking daily basis, it's demoralizing."
"It's too far gone. Our entire semi-professional scene is compromised."
"It's rife guys, I'm not going to lie any more. It's not just China, it's not just Russia, it's here, it's NA, it's Europe, it's Australia, so much more than you think, so much more than we can prove."
"I get sent chat logs all the time […] and they're morons, these players, short-sighted, amateur, morons and they're doing it on WhatsApp." People would get cut from the bets because they want to make more money, then they leak the logs. He says, from the chat logs, they spread "little" bets across every site they can (400 to 1k dollars) to prevent shifting odds
He says the scumbags who've fucked off to Valorant will do the same there if Riot doesn't do something and says Valorant "is an esports scene heading for a very early fall based on the sheer volume of scumbags that are already there."
"That's tier 2 CS in a nutshell these days. They know they're never going to play in a major, so what's the punishment?"
"All of these tier 2 fucks that are fixing games now they are like the fucking mafia compared to iBuyPower" "These guys are working with organized criminals to fix entire seasons worth of games. That's what's going on in your tier 2 CS."
"I'm literally being told that there are players fixing games at all levels of Chinese esports and motherfuckers with guns are turning up to team houses and stuff."
"Everyone in NA has left we've lost a continents worth of support during this pandemic and Valve haven't said a fucking word."
RL says the Call of Duty "goblins" that destroyed CS for years are the same people who are now trying to leave CS. "The nerve to treat a game where the fans, and the community, and the TO's were nothing but good to you." "To just kick the players out now and go and leave and say 'It just doesn't make financial sense.' Oh you'll slither back when we have a major though for them stickers won't you."
There's a cascading effect in NA where people don't bother with CS anymore and people like Chaos suffer.
He says NA team owners are incompetent for always wanting it easy and always wanting a guarantee on their investment without skill or nuance.
RL says he would be able to market a team correctly and would have a good ROI and also points out how TSM wouldn't even be bothered to tweet that their team, which was one of the best in the world, was playing at the Major.
He also says not all NA owners are like that, compliments and respects Jason Lake who nearly lost everything to keep Complexity going.
He then calls out the incompetence in Infinite Esports when they acquired OpTic Gaming and bought an Indian CS team.
He says HECZ is not to blame here and that they couldn't tell forsaken was cheating when it was so obvious.
They measured his reaction time to the likes of dev1ce and s1mple
When an enemy showed up on his screen he won that duel something like 44% of the time
"was like the number 1 player in the world statistically"
He brought a laptop to their bootcamp and refused to use the high end PCs that hey provided
He respects Andy Miller (NRG CEO) and HECZ but says that the attitude of not being able to easily monetize their teams is "piss weak" and there needs to be a risk.
He says Chaos EC shouldn't be cutting their roster and should be competent enough to be able to figure out how to make money off their team.
He says there are still opportunities in NA and people are panicking and pulling out, and says Valorant will be the same if not worse.
He also says "bums" who couldn't even get out of groups in NA competitions, are making crazy money in Valorant and says it will continue to inflate.
He also said that he heard rumors that EG (Evil Geniuses) are done.
He also thinks that the rumors of a Valve franchised league from before was sparked up from "these lazy fabled weak NA fucking team owners basically trying to see if Valve would bite at the hook if it was dangled and they didn't"
Slasher says NA team owners are really in favor of franchised leagues because they want to make more money. "Most of the powerful team owners right now are on board with ditching this third party organization structure, or they are trying to play this power politics with all the TOs, and that is contributing to a lot of the problems there"
RL says that Riot has proved they can run a franchised league (LCS) and will be profitable in 2021 which is what a lot of team owners care about and says the competition will only serve to snatch people away from CS.
RL continues to say, "I am so sick and tired of what we have done to this scene, I am just exhausted with it." "I think we have legitimately fucked it, I really think we have. I think we're staring into almost like a CGS (Championship Gaming Series) wasteland in NA." "Counter-Strike esports is a fucking joke."
"TO's have treated CS talent like absolute human garbage for years now."
RL says that people like Sean Gares and ddk switching over to Valorant isn't for financial reasons because they are making less over there.
He points out that TO's can't even give talent a 3 month in advance calendar.
Because of the pandemic TO's won't hire certain people and some people are working more hours for the same money.
He says we as a community don't respect journalists enough which is why we don't have good journalists.
He also says DeKay is leaving the scene soon and that Thorin is close to leaving also
He says he had to talk a caster down from quitting and was struggling to find reasons.
He says that DreamHack told Vince they would hire him but not if he wants to stick with dusT and says that this is the norm in esports. "Constant leveraging of people against each other." and says this is why we don't have a talent union.
New gen casters are getting put into shit situations and the community's reaction to them is adding fuel to the fire
He says the reason Moses left was because of the terrible conditions
He says that Anders had to constantly leave his family and kid because someone fucked up or broke promises and had to constantly tell his kid to their face that "daddy can't be home this weekend."
He says that esports has always been a lie to sell you this dream, "Meanwhile there's about 2% of the cunts getting all the checks."
"Anything that Riot does, is better than Valve's inaction"
Slasher says that the larger aspect of esports as a whole compared to other entertainment mediums and Valve's lack of inattention are the bigger problems. He continues saying that the fact that Valve let their game be ran as an esport, they need to take on the responsibilities of it.
Both Slasher and RL wants Valve to take control but not on the level of Riot Games, there needs to be a balance.
In case it was ever a question: Gabe Newell has been to 0 CSGO Majors.
RL calls Valve out saying they could have done something during the gambling era.
He says Valve used to come to the majors, but doesn't think they do anymore.
RL had met with Valve at the Cluj-Napoca Major and had tried to appeal iBP's indefinite punishment and had also gave Brax's life story:
A recent family member passed away, they had lost a lot of income, they had to live in trailer, iBuyPower did not pay any salaries, and was pressured by family to make money who didn't support his career.
RL said that Valve told him, "How dare you try and make us feel guilty." "We shouldn't feel bad about enforcing the only thing that matters that we need to make players afraid of: cheating and match fixing"
RL also tried to share other info about match fixing and nothing came of it
RL points out that Source 2 or a new engine is not something you will want based on the experience of transitioning from CS 1.6 to CS:S. "Valve's track record with brand new engines being launched, not fucking great from what I remember."
Slasher says "If there is anything the community should do, is pressure Valve to hire a community manager."
They say that we need a commissioner, a community manager (not the person who runs the Twitter who posts memes all day), then we need to have a circuit
RL reiterates that Valve doesn't care about CS esports and says they need to change the culture at Valve to make them care about CS esports
Slasher says a systemic problem is making it so working on CSGO would be a bad decision for you as an employee for Valve
He also hasn't talked to Valve in ages and have sent over bugs and cheats and doesn't get emails back anymore
Slasher says we should be directing attention at the developer leads, pointing out Ido Magal, if he even is still the project lead
RL thinks that Ido and Brian are the only people that "vaguely even give a fuck about CS" and were the only people that RL recalled that actually read Reddit and paid attention from time to time
"It is really fucking precarious. Somebody has got to step the fuck up and start giving a shit"
Slasher suggests org owners, with CSPPA, with ESIC, with TOs have a concerted effort against Valve
"Riot Games are doing better things than Valve in the esports space" which is something RL didn't think he'd say.
"People who used to be talent, working with unions, arguing with other talent, when the unions fucked them over, can't understand their perspective, TOs fucking over broadcast talent, broadcast talent wanting to leave and go and work for orgs, orgs having no money, Valve might take coaches away because all the coaches are cheating, ESIC has about 4 people in a fucking call doing the investigations, everyone thinks they're spies for ESL, ESL are just the evil fucking overlords wanting to rule the scene and will just somehow, like cockroaches outliving a nuclear bomb, and Valve are in a fucking holiday in Hawaii thinking about the next Dota character because they don't give a fuck about us."
"We've peaked. If we want to sustain and exist, now is the time to figure it out. No esports lasts as long as this, we've already done 8 years. We've already broke the records. We have got to figure out a way to coexist and drive the negative forces out and we need to do it as a collective and we're not doing that."
RL compared the Counter-Strike scene to the people on the Titanic who ran around with guns robbing people while the boat was sinking.
"We have given up on being a respectable esports scene." "We are now a conduit to make money for those who want to just milk it, just have one last ride, one last roll of the dice. It's done." "What a fucking mess. What have we done to our fucking scene?"
"There's just too much self-interest driving all of this." "I don't see a way we stop the dominoes." "When it's that bad, when there's that many dishonest people that ESIC have to come out and say that if we punish them all there's no one left. What does that tell you?"
"How many opportunities have we had to clean house? How many times have we said, 'this must never happen again', and another scandal." "The entire skins betting operations was the biggest criminal conspiracy in esports ever executed and no one has been punished for it." "The people who could be driving that don't want to."
"Right now people are fans of those organizations because the scene has value. It is worth being a fan of Astralis because they are excellent at Counter-Strike. It is worth being a fan of s1mple because he is the best player in Counter-Strike, maybe the exception of ZywOo. If the scene is devalued, if the scene loses its meaning, those things lose its meaning too, and people will leave, people will stop tuning into the games. I have seen it happen in multiple esports, this is not my first time at the rodeo. I am getting big Brood War vibes right now and I don't like it."
"The role you play in all of this as fans, as viewers, as listeners, as consumers of esports content, it's absolutely imperative that you know who the good guys are. It's absolutely imperative that you use your voice. It's absolutely imperative that when things are bad, you know who, at least, is trying to make them good, and you have to apply your criticism to the right targets."
He continues saying it's no good in continuing to attack ESIC and saying how they are bad, ESIC have it hard
He says CSPPA are on the right side of the argument on BLAST but have been on the wrong side of many arguments many times.
"If you are not willing to stand along side the weakest member of the union, with the least amount of influence, and the least amount of power, then it is not a union at all and you shouldn't pose as one." "You wanna serve a bunch of special interest do it, everyone else in esports fucking does, but do not pose as something you are not." "We love the players. I've been fighting for players rights for as long as I've been able to, but the CSPPA is not what we needed."
"They are not applying the pressure to the right people, they are not fighting the right battles, they are not helping their weaker members."
He says what orgs have done by keeping or hiring coaches is bad. "When you give up on holding an appreciable standard, you've lost the scene" "Competition matters, rules matter, punishments matter, achievements matter, excellence matters" "If you start stripping that away, you have nothing" "You guys need to take that knowledge and apply it sensibly."
"Valve has sold you all down the river, they sold everyone in the esports scene down the river, tournament organizers are selling their talent down the river. Don't hate on them for sounding tired after a 16 hour day. Don't hate on them because the hype for a matchup they've seen for the 20th time in the past 3 months, they can't be as excited or it sounds contrived. Support your guys, they're there for you, these are your people."
"This community has got to start acting like one for the first fucking time. Just put the petty shit away, let's try and fix this fucking scene while we still have one to save."
"You can't rely on Valve, you can't rely on ESL, you can't rely on the CSPPA, you can't rely on anyone." "Once again, it's gonna be the likes of us, the amateurs, the people who give a fuck, rolling up our sleeves and grafting." "I'm old and tired and I don't want to have to do it again. People need to pick up the torch and do it."
"Like Michal did, like Dudenhoeffer did. You see something wrong, fix it. You see somebody doing something wrong, call it out. If you think something could be better, let people know."
"Vote with your wallets if you're not happy with the direction Valve goes in. If when we do get to the Major, they serve up another subpar, same old bullshit stickers and signatures package again, do not buy it."
"You're a powerful block and if you use it correctly we can fucking avert this disaster."
"I'm not doing another year in this broken, bust-up fucking scene, where everyone is miserable, everyone is broke, everyone is tired, and everyone is trying to fucking rob everyone else, blind, while the fucking people who are meant to be protecting you, are just fucking enhancing it and lining their own pockets."
"I'm not doing it anymore and you shouldn't want to do it either."
"I stand by every fucking thing I said. I mean it, because this game fucking matters to me, this scene fucking matters to me. I put my life into this, my adult life, and to see it in this state is fucking sad."
The USA PATRIOT Act: The Story of an Impulsive Bill that Eviscerated America's Civil Liberties
The USA PATRIOT Act provides a textbook example of how the United States federal government expands its power. An emergency happens, legitimate or otherwise. The media, playing its dutiful role as goad for greater government oversight, demands "something must be done." Government power is massively expanded, with little regard for whether or not what is being done is efficacious, to say nothing of the overall impact on our nation's civil liberties. No goals are posted, because if targets are hit, this would necessitate the ending or scaling back of the program. Instead, the program becomes normalized. There are no questions asked about whether the program is accomplishing what it set out to do. It is now simply a part of American life and there is no going back. The American public largely accepts the USA PATRIOT Act as a part of civic life as immutable, perhaps even more so than the Bill of Rights. However, this act – passed in the dead of night, with little to no oversight, in a panic after the biggest attack on American soil since Pearl Harbor – is not only novel, it is also fundamentally opposed to virtually every principle on which the United States of America was founded. It might not be going anywhere anytime soon, but patriots, liberty lovers and defenders of Constitutional government should nonetheless familiarize themselves with the onerous provisions of this law, which is nothing short of a full-throttle attack on the American republic.
What’s Even in the USA PATRIOT Act?
What is in the USA PATRIOT Act? In the Michael Moore film Fahrenheit 9/11, then Rep. John Conyers cracked wise about how no one had actually read the Act and how this was in fact par for the course with America's laws. Thus, before delving into the deeper issues surrounding the PATRIOT Act, it is worth discussing what the Act actually says. Here’s a brief look at the 10 Titles in the PATRIOT Act:
Title I: Enhancing Domestic Security Against Terrorism: This provision dramatically expands the powers of the President, the military and the intelligence community whenever the specter of "terrorism" is invoked. Bizarrely, it contains a provision condemining discrimination against Arabs, Muslims and South Asians, which seems to have very little to do with protecting Americans from terrorism.
Title II: Enhanced Surveillance Procedures: Title II contains the meat of the Act with regard to massive, industrial-scale surveillance on the American public. Beyond the simple spying on Americans and their communications, Title II increases the ability of federal intelligence agencies to share your private communications with one another.
Title III: International Money Laundering Abatement and Financial Anti-Terrorism Act: Not simply a section of the USA PATRIOT Act, Title III is an Act of Congress in its own right. You might have noticed how much more difficult it is to open a bank account or send a wire transfer after 9/11. You can blame this provision, which shredded banking privacy rights in the United States.
Title IV: Protecting the Border: Other than expanding the number of federal employees (of course), the provision of the USA PATRIOT Act charged with protecting America's borders does little other than point toward paths for future action and study. It is worth noting that the weakest provision of the Act is the only one explicitly authorized by the Constitution -- protecting the border.
Title V: Removing Obstacles to Investigating Terrorism: Title V authorizes bounties for the apprehension of alleged terrorists, broadens government power to conduct DNA analysis, allows for greater data sharing between law enforcement agencies and, perhaps most disturbingly, requires private telecommunication carriers to comply with government requests for electronic communication records whenever requested by the FBI. It also expands the power of the Secret Service to investigate computer fraud.
Title VI: Providing for Victims of Terrorism, Public Safety Officers and Their Families: Perhaps the most innocuous portion of the USA PATRIOT Act, Title VI provides for a victims' fund for victims of terrorism and their families.
Title VII: Increased Information Sharing for Critical Infrastructure Protection: The subtitle of this section of the Act is a rather wordy way of saying that the United States federal government is allowing for law enforcement agencies to share information across jurisdictional boundaries in an easier fashion than was previously legal. To that end, the Bureau of Justice Assistance was given a $50,000,000 budget for 2002 and a whopping $100,000,000 budget for fiscal year 2003.
Title VIII:Strengthening the Criminal Laws Against Terrorism: Title VIII is where the rubber meets the road: What exactly is terrorism, according to the federal government? Unfortunately, this Title does little to clarify what terrorism is, instead focusing on declaring a number of actions (such as attacks on transit) as “terrorism,” regardless of intent.
Title IX: Improved Intelligence: The section subtitled “improved intelligence” largely expands the powers and responsibilities of the Director of Central Intelligence.
Title X: Miscellaneous: When the federal government titles a segment of a law “miscellaneous,” you know it’s going to include everything and the kitchen sink. And so it does: The definition of electronic surveillance, additional funds for the DEA in South and Central Asia, research on biometric scanning systems, a limitation on hazmat licensure and infrastructure protections are all addressed in Title X, which is a catchall for everything the federal government forgot to address in the first nine sections of the law.
Most of the provisions of the USA PATRIOT Act were set to sunset four years after the bill was passed into law. However, the law was extended first by President George W. Bush and then by President Barack H. Obama. The latter is particularly scandalous given that, at least in part, a rejection of the surveillance culture that permeated the Bush Administration was responsible for the election of Obama in 2008.
Passing the USA PATRIOT Act
Next, it’s important to remember the environment in which the USA PATRIOT Act was passed: Post-9/11. It is not the slightest bit of exaggeration to label the environment in which the PATRIOT Act was passed as “hysterical,” nor is “compliant” a misnomer for the Congress of the time. Opposition to the Act was slim and intensive review of one of the most sweeping Acts of Congress in American history was nonexistent. All told, Congress took a whopping six weeks drafting, revising, reviewing and passing the PATRIOT Act. That’s less time than Congress typically spends on totally uncontroversial and routine bills that don’t gut the Fourth Amendment. The final vote found only 66 opponents in the House and one (Wisconsin Democrat Russ Feingold) in the Senate. The entire passage of the PATRIOT Act, from start to finish, took place behind closed doors. There were no committee reports or hearings for opponents to testify, nor did anyone bother to read the bill. “Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism” is the bloated and overwrought full name of the bill, crafted by a 23-year-old Congressional staffer named Chris Cylke. This ridiculous name puts the focus not on the surveillance aspects or the erosion of basic civil liberties enshrined in Western society since the Magna Carta, but on patriotism. At the time of its creation, the messaging was very clear: Real patriots support massive intrusions on civil rights. As President George W. Bush said at the time, “Either you are with us, or you are with the terrorists.” This sentiment very much seemed to apply to American citizens. While the argument that if you have nothing to hide you shouldn’t fear investigation is anathema in a Constitutional republic with regard to citizens, it should be standard operating procedure when it comes to our organs of government. If we cannot expect transparency from the United States Congress – elected officials charged with representing the will of the people and protecting the Constitution – then we certainly can’t expect it anywhere else.
The Unfortunate Growth of the USA PATRIOT Act
It’s no surprise to those in the liberty movement that given an inch, the government (in particular the military-intelligence community) took a mile. Even the nebulous definition of “terrorism,” largely centered around a long litany of acts rather than the motivation behind them, has expanded to include receiving military training from a proscribed organization (without actually committing any terrorist acts or even acts of violence of any stripe) as well as “narcoterrorism” – the latter particularly convenient, as the United States government continues its losing “War on Drugs.” Indeed, in many ways, the War on (Some) Drugs was the template for the War on Terror. Both wars have no defined enemy, no defined terms of victory. Instead, they are waged against a nebulous concept, while enjoying bipartisan support for their ever-expanding budgets. What’s more, it didn’t take long for the Feds to start using the USA PATRIOT Act for things it was never intended for, including prosecuting the War on Drugs. Perhaps the silliest application of the USA PATRIOT Act is the prosecution of Adam McGaughey. McGaughey maintained a fansite for the television seriesStargate SG-1. The Feds charged him with copyright infringement and computer fraud. In the course of their investigation, the FBI leveraged the PATRIOT Act to get financial records from his website’s ISP. This was made possible by the USA PATRIOT Act amending the Computer Fraud and Abuse Act, allowing for search and seizure of ISP records. The New York Timesdiscovered in September 2003, that the USA PATRIOT Act was being used to investigate alleged drug traffickers without what would otherwise be sufficient probable cause. These were investigations into non-terrorist acts using a law ostensibly designed to investigate terrorism. There was some suspicion that the Act was being used to investigate crimes occurring before the Act was passed, violating the ex post facto clause of the United States Constitution. In one of the biggest power grabs (excluding virtually everything we know from Edward Snowden – more on that below), the FBI sent tens of thousands of “national security letters” and procured over one million financial records from targeted businesses in Las Vegas. These businesses were primarily casinos, car rental bureaus and storage spaces. The data obtained included financial records, credit histories, employment records and even people’s personal health records. The FBI maintains and databases this – and, indeed, all information collected through the USA PATRIOT Act – indefinitely. In the good old days before the PATRIOT Act, the Feds were compelled to destroy any evidence they collected on someone later found not guilty of a crime. Note that the aforementioned data collection brought to public attention by Edward Snowden (which, again – we’re getting to that) falls under this provision. Not only is the government collecting obscene amounts of private and personal information about you, they’re also storing it indefinitely with no plans to stop. What’s more, the FBI has approached public libraries to turn over the records for specific terminals, collecting information not about specific users who might be under investigation, but about anyone who has ever used the computer at the public library. Libraries, to their credit, have been very much at the forefront of resistance against the PATRIOT Act, with some litigating compliance despite operating on small budgets and others posting “canary letters,” which effectively say “The FBI Hasn’t Been Here Yet.” The removal of such a letter would warn patrons that the FBI has been sniffing around in their records. Indeed, the greatest criticism of the PATRIOT Act is the simplest and perhaps most obvious: Why does an Act ostensibly passed to fight terrorism so drastically expand the government’s power to investigate virtually everyone else? The PATRIOT Act is not merely unconstitutional, it is an unprecedented expansion of state power in the Anglosphere, a culture based on restricted government and the primacy of individual rights. An excellent example of this is the Foreign Intelligence Surveillance Act (FISA) expansion. Most people are familiar with the term “FISA court,” but very few people actually know what it is – a special federal court created under the Carter Administration that grants approval of electronic surveillance of both citizens and resident aliens in the event that they are accused of acting in the service of a foreign power. The last part of this sentence is very important: The FISA courts are not simply for allowing surveillance of anyone that it might be expedient to collect information about. The scope of their powers is very, very limited. Or was. The PATRIOT Act lowered the burden of evidence required to obtain a FISA warrant for electronic surveillance and expanded the overall scope of the FISA courts. Any savvy federal agent can now drape his charges in the garb of (what else?) “national security” and obtain electronic surveillance privileges hitherto only dreamed of by investigators. FISA courts have become pliant tools in the hands of the Feds, gladly approving their requests to monitor phone and internet surveillance, as well as access to medical, financial and educational records.
The Future of the USA PATRIOT Act
Do we still need the PATRIOT Act? Did we ever? All laws are certainly a product of their times. But this seems much more acutely true of the USA PATRIOT Act, which was passed in a rush and under duress without due consideration. Particularly in light of the revelations from Edward Snowden – that the government is spying on everything they possibly can – it’s worth asking if there’s any walking back. He points out that the police state apparatus was originally for drug dealers, then for terrorists, but ultimately ended up being applied to anyone and everyone. What’s more, Bob Bullard notes another frightful aspect of the USA PATRIOT Act: Terrorism-related cases are not subject to the Freedom of Information Act. This means that there is little or no oversight. There is no surer hallmark of a police state than an all-powerful domestic surveillance agency with no transparency or oversight. While the USA PATRIOT Act might not create an American Stasi as such, it certainly paves the way for one. Continue readingThe USA PATRIOT Act: The Story of an Impulsive Bill that Eviscerated America's Civil LibertiesatAmmo.com.
The Fall were a group from Manchester founded by the enigmatic Mark E. Smith in 1976, after seeing the Sex Pistols at the Lesser Free Trade Hall. The group would go on to influence many bands over it's 40+ years of existence, such as Pavement and LCD Soundsystem. (Click link for write up on band)
The Fall was founded by one Mark E. Smith back in 1976, after seeing the Sex Pistols at the Lesser Free Trade Hall (The same gig attended by Ian Curtis and Peter Hook of Joy Division, Morrissey of the Smiths, and Tony Wilson, who founded the highly influential indie label Factory Records. Basically, Mark was at one of the more important gigs of the past 50 years, as this gig inspired all of those previously mentioned to either start bands or get involved in the punk scene, and changing the course of British indie music.). Over their 40+ years of operation, the band had Mark E. Smith at its helm as the sole constant member throughout it's existence. The band would become known for its classic assortment of records, with the tight musicianship by members such as guitarist Craig Scanlon and drummer Karl Burns (shown in the beginning of this clip from MTV's Cutting Edge) and Mark's esoteric lyricism, the witty, while often-times volatile and difficult, personality of Mark E. Smith, and the constant changing lineup of its members as a result of Mark's volatility. They would also remain to be the favorite band of legendary DJ John Peel, with the band holding the record of the most Peel sessions by a band, which is 24 sessions. The Fall would ultimately come to an end with the untimely death of Mark E. Smith in 2018 due to kidney and lung cancer. The Fall are a significant band in the history of Post Punk, with a wide catalog of music to listen to released throughout the different eras of the band. I have decided to make a write-up going through the many eras of the Fall, while giving some recommendations from each era to start you off. (1976 - early 1979 - Early Beginnings: The Martin Bramah Era) during these years, the Fall were just getting their start with their sound. Their early material leans more towards the punk side of the sword rather than the post punk of their later years, but the embryo of the Fall's sound is clearly present. This can possibly be attributed to the guitar style of Martin Bramah in their early releases, which has a high pitched and trebly sound to the guitars. Their first recorded released came on a live album on the last day of operation for the Electric Circus, then they released their debut EP Bingo Master's Breakout then a single called It's The New Thing all in 1978. They finally released their debut album Live at the Witch Trials in March 1979 before Martin Bramah left in April 1979 due to increasing tensions with Mark E. Smith. He would then go on to found a band by the name of Blue Orchids with another former Fall member Una Baines, who he was dating at the time. Martin would prove to not be the only member to leave because of Mark's controlling demeanor in the band's future. Here's some tracks to introduce you to this era's punky edge: Last Orders Bingo Master's Breakout EP (The entire EP's good to check out) It's The New Thing Rebellious Jukebox Futures and Pasts Mother-Sister (mid 1979 - 1982 - The First Golden era: the Marc Riley Era) I'm calling this the Marc Riley era because, even though Marc Riley was a part of the Bramah era, after Martin Bramah left, Riley would become the main guitarist instead of his previous role as bassist. This would open the door for members like Craig Scanlon to join on rhythm guitar and Steve Hanley on bass. This would end up transforming the sound of the band into the post-punk sound most people are familiar with the band. After releasing Rowche Rumble and the album Dragnet in 1979, the band would end up releasing a string of classic singles in 1980, such as Fiery Jack, How I Wrote Elastic Man, and probably their most well-known song, Totally Wired, as well as releasing the great album Grotesque (After the Gramme). 1981 would also prove to be a good year, with the release of the single Lie Dream of a Casino Soul and the 10-inch EP Slates. The band would end up travelling to Iceland for a string of gigs, which would lead to the recording of some songs for probably their best album Hex Enduction Hour, with tracks like Hip Priest and The Classical displaying the Fall's power in full force. The band would also released the album Room To Live and the single Look, Know. However, this year would prove to be the last with Marc Riley on lead guitar. After learning of their chart success in New Zealand (which was about 300 copies sold to get in the top 20), the band travelled there to play a few gigs in Australia and New Zealand. While there, increasing tensions between Smith and Riley came to a head in Australia when Riley punched Smith in the face for slapping the band for dancing to the Clash (yes, really). There is even a television interview where Mark's black eye is visible (even with heavy makeup). This tour would end up being released as a live album by the legendary New Zealand label Flying Nun Records as the album Fall in a Hole in 1983 (Which Smith would eventually threaten legal action for and forced Flying Nun to pay all of the revenue from the record, effectively almost killing Flying Nun in its infancy). Marc would end up being sacked by the end of the year. This left a hole to be filled for the lead guitar role, and that would be filled after a trip to America. Here's some tracks to check out to introduce you to the classic Fall sound: Rowche Rumble How I Wrote Elastic Man Totally Wired New Face in Hell Prole Art Threat Lie Dream of a Casino Soul Hip Priest The Classical (N-Word Warning) Iceland Winter Marquis Cha-Cha (1983 - 1989 - The Second Golden era: The Brix Smith Era) The band would soldier on without Marc Riley into 1983, with Craig Scanlon taking his place on lead guitar. This period would lead to the release of singles like The Man Whose Head Expanded and the Kicker Conspiracy EP. During the Fall's first American tour without Marc Riley, Mark E Smith was introduced to Brix Smith after a gig in Chicago in April. Within three months, Brix would move to England and end up marrying Mark. She would eventually join the band in September of that year and would first appear on their album Perverted by Language, albeit with minimal involvement and only appearing on one track. Her introduction to the band would end up bringing a pop sensibility to the band, as she would eventually become a major songwriting contributor along with Mark and she would try and push the Fall into a more commercially viable direction. This period would lead to some of the band's most critically acclaimed,as well as their most commerically successful, material. early singles like C.R.E.E.P and Oh! Brother in 1984 display the early shift into the pop sphere for the band. The band would also release the album The Wonderful and Frightening World Of in 1984. By 1985, the band were starting to hit their stride in the commercial sphere, with singles like Cruiser's Creek and Couldn't Get Ahead appearing in the singles charts and the great album This Nation's Saving Grace receiving critical acclaim and decent sales. The band would continue to release increasingly pop-oriented records between 1986-1987, with singles like Mr. Pharmacist, Hit the North and Hey! Luciani reaching the lower ends of the charts, There's a Ghost In My House giving the band their highest singles chart peak, and the album Bend Sinister reaching the Top 40. However, 1988 would prove to be a banner year for the band, with the album The Frenz Experiment reaching the top 20, and the single of the Kinks song Victoria also reaching the top 40. However, this era would eventually come to an end in 1989, when Mark E Smith and Brix Smith ended up divorcing and Brix left the band. Her last record in this era would prove to be the album I am Kurious Oranj, a collaboration with the Michael Clark dance group. However, the trajectory that Brix set the band upon would let their success continue into the 90s, With the band eventually reaching their peak in commercial popularity. However, not all good things are meant to last. Here's some songs to check out to introduce you to this era's pop-leaning sound: The Man Whose Head Expanded Kicker Conspiracy Eat Y'self Fitter C.R.E.E.P 2 X 4 Cruiser's Creek No Bulbs Spoilt Victorian Child My New House I am Damo Suzuki Shoulder Pads #1 Mr. Pharmacist Hey! Luciani There's a Ghost in my House Hit The North Victoria Big New Prinz Dead Beat Descendant (1990 - 1994 - The Peak, followed by the Fall: The Major Label years) After Brix left the band, Martin Bramah was brought back into the fold to fill in her place, and would be featured on the album Extricate, which led to songs like Telephone Thing, which shows influence from the Madchester scene of that time period, which included the Stone Roses and the Happy Mondays, and the love song Bill is Dead, which possibly reflects upon his divorce the previous year. However, Martin Bramah would not be staying for long, as he would end up being kicked out of the band that same year for having a relationship with the keyboardist. This album marked the period when the band would be featured on a major label, with the band being signed to Fontana. The Fall would continue on to have success during this period, with the aforementioned Extricate reaching the top 40, albums like Shift-Work and Code: Selfish reaching the top 30, and singles like White Lightning and Free Range reaching in the single charts, with Free Range being the bands last top 40 single. Their commercial peak would come with the album The Infotainment Scan, which contained a cover of Lost in Music by Sister Sledge, giving the Fall their first and only top 10 hit album. Mark would also be featured on a top 20 single, which was I Want You by the Inspiral Carpets. However, Mark E. Smith's speed and alcohol addiction, which persisted over the previous decade, started to take its toll. The bands fortunes started to dwindle with the album Middle Class Revolt, Which only reach number 48 in the charts, a far cry from their previous Top 10 success. With this album, the Fall would begin to go downhill, both in their commercial performance and their critical stature. Here's some songs to check out from this banner period for the Fall: Telephone Thing I'm Frank Bill is Dead Edinburgh Man Free Range Lost in Music Hey! Student 15 Ways (1995-1998 - The Low Point: The Brownies Years) By this point, Mark E. Smith begins to go downhill with the previously mentioned drug and alcohol addiction, and its effect on the music shows. Brix Smith returns around this time period and would come back on the album Cerebral Caustic. Even with her involvement in the band, the album got middling reviews and performed worse than Middle Class Revolt. Smith would also dismiss the long time guitarist Craig Scanlon, who had co-written 120 songs with Smith over the previous 16 years. Smith would later say that he regretted this decision. By the time of The Light User Syndrome, Brix had enough of Mark E. Smith's degrading state and behavior due to alcohol abuse, and would leave on the tour supporting this album. This period would be wrought with increasing tensions in the band and financial troubles, which ultimately came to a head on the US tour supporting the album Levitate at an infamous gig at the New York venue Brownies in April of 1998. Smith ended up appearing drunk at the gig, and did everything in his power to make it hard for the band to play. It came to a head when drummer Karl Burns, who returned to the band when Middle Class Revolt was made, ended up shoving Smith for messing with his drum kit. Burns and long-time/essential bassist Steve Hanley would end up leaving the band and never returning. After this gig, the next few years are marked with the band remaining a low profile for the most part, where would eventually return to form by 2003. Here's some tracks to check out (if you want to) from this era: Don't Call me Darling Rainmaster D.I.Y Meat The Chiselers Powder Keg Masquerade (1998 - 2002 - Touch Sensitive: The Long Lull) During this period of the Fall, the band was just starting to be put back together by Mark after the debacle that was the Brownies gig. The band was able to achieve some form of critical favor with their album The Marshall Suite in 1999, with Touch Sensitive being a particular standout on the album and being featured in a Volkswagen commercial. The band would then release their album The Unutterable, which also started to gain the critic's favor back. The next album Are You Are Missing Winner, however, didn't do the band any favors, as it was recorded when the band was tight on funds. It was considered a misstep by the Fall after the acclaim that the last album received. However, this would ultimately lead to the start of a new era of the fall that would effectively renew their relevance as a band in the public's eye. Here's some tracks to check out from this transitional period of the bands history: Touch Sensitive W.B Sons of Temperance Dr. Bucks Letter Bourgeois Town (2003 - 2009 - A return to grace: The Third Golden Age) This era of the fall proved to be a rebirthing of the band's relevance and quality, with Mark writing some of the best material the band had in years. This era starts with the album The Real New Fall LP (Formerly Country on the Click) in 2003, which provided the band with some late era classics, such as Mountain Energei and Theme From Sparta F.C. Around this period, the DJ John Peel, who was one of the band's biggest supporters from the beginning, died of a heart attack, but not before the Fall could release one more Peel session a couple months before his death. The Fall would then release Fall Heads Roll in 2005, which also provided the band with another late-era classic in the form of Blindness. The band would also release albums like Reformation Post TLC and Imperial Wax Solvent within the same period. Imperial Wax Solvent would end up being the first Fall album in 15 years to reach the top 40. This would lead into the final era of the Fall leading up to Mark E. Smith's untimely death. Here's some tracks to check out from this era: Mountain Energei Theme From Sparta F.C. Blindness Clasp Hands Fall Sound Latchkey Kid Is This New Strange Town (2010 - 2018 - The Witching Hour: The Domino and Cherry Red/final years) In 2010, the Fall would release Your Future Our Clutter on Domino Records, the same label that releases records by the Arctic Monkeys and Franz Ferdinand, Two bands heavily influenced by the Fall. Mark E. Smith would also end up recording vocals for Glitter Freeze on the Gorillaz album Plastic Beach, which was released in 2010. The band would eventually move to Cherry Red records, which would remain the label of the band until its dissolution. On Cherry Red, the Fall would release album such as Ersatz GB, Re-Mit, Sub-Lingual Tablet, and New Facts Emerge. The latter album would prove to be the band's last record. Over this period, Mark began to develop significant health problems, and would eventually be diagnosed with terminal lung and kidney cancer. This is probably due to the fact that Mark E. Smith was a heavy smoker for most of his life, and his previous problems with drugs and alcohol didn't help either. Mark would perform his final gig with the Fall in November of 2017, and would eventually succumb to his illnesses on January 24th, 2018. Mark E. Smith would leave behind a long history of innovation, wit, and volatility and large catalog of great music for others to be inspired by. Here's some tracks to check out from the final era of the Fall: Bury Pts. 2 + 4 Nate Will Not Return Loadstones Fibre Book Troll New Facts Emerge (Final Remarks) So that's my write-up for the Fall. I discovered this band about 3-4 years ago and I have fallen in love with them ever since, and I just felt like that they deserved some attention. I wrote this post for anyone who may be interested in checking out the band and giving them a place to start from no matter the era. May Mark E. Smith rest in peace, for he wrote "Northern white crap that talks back" and dug repetition. P.S: For any fans of the fall, what is your favorite album/song by the fall and why? If you want to, you can come check out my subreddit Collectionhauls, where I've been posting vinyl finds I've had at the flea market, and have been posting music to check out since March. If you want, you can come post something from your collections to show to others. Anyway, goodbye and I hope you enjoyed my post and possibly enjoy the Fall even more.
1. Dow set to add to Wednesday’s record despite Capitol turmoil
U.S. stock futures rose Thursday, a day after the Dow Jones Industrial Average closed at a record high despite the turmoil at the Capitol. Early Thursday, outgoing President Donald Trump said in a statement there “will be an orderly transition” of power, shortly after Congress confirmed President-elect Joe Biden’s win.
Economists expect an increase in initial jobless claims, when the Labor Department reports its weekly numbers at 8:30 a.m. ET. With the seven-day average of new daily U.S. Covid infections spiking to a record high, first-time filings for unemployment benefits are seen rising by 28,000 to 815,000 for the week ended Jan. 2.
Ahead of Friday’s government employment report, the ADP’s look at December jobs trends at U.S. companies showed a contraction in private-sector positions for the first time since the early days of the coronavirus. Throughout most of the pandemic, the ADP estimates have been below the final government count.
The 10-year Treasury yield remained above 1% on Thursday morning after projected wins for Democrats in both Senate runoff elections in Georgia. Lightening up on bonds, pushing prices down and yields up, investors bought riskier assets like stocks and bitcoin.
The world’s largest cryptocurrency smashed through the $38,000 mark to hit a record high on Thursday as it continued its massive rally. Bitcoin has been up about 29% in the first days of 2021 and is up 380% over the past 12 months.
3. Congress confirms Biden as next president
Congress early Thursday confirmed the Electoral College vote for Biden, a day after Trump supporters breached the Capitol in a chaotic effort to avoid the formal recognition that the president lost the election. Shortly after the confirmation, White House spokesman Dan Scavino tweeted Trump’s statement, which promised “an orderly transition on January 20th,” the day of Biden’s inauguration, but also perpetuated the baseless claim that he actually won.
Congress’ process of counting Electoral College votes was interrupted Wednesday afternoon when rioters stormed the U.S. Capitol building. A woman who was among the invaders was shot and killed by Capitol Police. Three other people died from medical emergencies.
4. U.S. trade group asks Pence to ‘seriously consider’ invoking 25th Amendment
The National Association of Manufacturers, a trade organization representing 14,000 U.S. companies, called on Vice President Mike Pence to “seriously consider” invoking the 25th Amendment of the Constitution to remove Trump from office. Jay Timmons, CEO of the manufacturers group, is a former executive director of the National Republican Senatorial Committee. Two Democratic U.S. representatives worked on a letter to Pence requesting he invoke the amendment.
Members of Trump’s Cabinet issued harsh rebukes of the violence that unfolded at the Capitol. The officials, however, stopped short of criticizing the president, who had urged his supporters to take action at a pro-Trump rally Wednesday morning.
An administration official confirmed to CNBC’s Eamon Javers that National Security Advisor Robert O’Brien and Deputy National Security Advisor Matthew Pottinger are considering resigning over the insurrection. Stephanie Grisham, chief of staff for first lady Melania Trump, and Sarah Matthews, White House deputy press secretary, both resigned Wednesday.
Mick Mulvaney, Trump’s former chief of staff, announced on CNBC on Thursday he is resigning as special envoy to Northern Ireland.
5. Democrats win the majority in the Senate
During the Capitol siege, Democrat Jon Ossoff was projected as the winner of the second of two Senate runoff elections Tuesday in Georgia. The defeat of Republican David Perdue, whose Senate term expired Sunday, coupled with Democrat Raphael Warnock’s projected victory over Republican Sen. Kelly Loeffler, splits the 100 Senate right down the middle. However, Democrats take over the majority as Vice President-elect Kamala Harris would be the tie-breaking vote. After Biden’s inauguration, Democrats will control the Senate, House and the White House.
Bed Bath & Beyond (BBBY) – The housewares retailer reported quarterly profit of 8 cents per share, short of the 19 cents a share consensus estimate. Revenue also fell short of forecasts, hurt by a steep drop in store traffic and higher freight costs, among other factors. Shares dropped 12.5% in premarket trading as of 7:41 a.m. ET.
Walgreens (WBA) – The drugstore operator beat estimates by 19 cents a share, with quarterly earnings of $1.22 per share. Revenue also exceeded Wall Street projections. Walgreens said the business environment remains challenging, but it is maintaining its prior fiscal 2021 forecast. The shares added 3% in premarket trading as of 7:41 a.m. ET.
Conagra (CAG) – The food producer reported quarterly profit of 81 cents per share, 8 cents a share above estimates. Revenue was in line with Wall Street forecasts. It also forecast organic sales growth of 6% to 8% for the current quarter, as stay-at-home consumers continue to stoke demand for its frozen dinners and other products. The stock fell slightly in premarket trading as of 7:41 a.m. ET.
Constellation Brands (STZ) – The spirits producer earned $3.09 per share for its latest quarter, compared to a consensus estimate of $2.39 a share. Revenue also topped estimates and the company authorized a new $2 billion share repurchase program. The shares added 2.4% in premarket trading as of 7:41 a.m. ET.
CureVac (CVAC) – CureVac struck an alliance deal with drugmaker Bayer, aimed at helping the German biotech firm gain regulatory approval for its Covid-19 vaccine as well as distribute vaccine doses. The stock jumped 15% in premarket trading as of 7:41 a.m. ET.
DXC Technology (DXC) – The IT consulting firm is the target of a more than $10 billion takeover bid from French rival Atos, according to two sources with knowledge of the matter who spoke to Reuters. A formal approach is said to have been made, with discussions still at a preliminary stage. The stock added 8% in premarket trading as of 7:41 a.m. ET.
JPMorgan Chase (JPM) – Bank of America Securities upgraded the bank to “buy” from “neutral,” calling it “best-in-class” in what will likely be a strong 2021 for banks. The stock added 1.9% in premarket trading as of 7:41 a.m. ET.
Nvidia (NVDA) – The chipmaker’s stock was added to Citi’s “Catalyst Watch” list, with Citi expecting Nvidia shares to emerge from recent underperformance coming out of next week’s Consumer Electronics Show. The stock rose 2% in premarket trading as of 7:41 a.m. ET.
Alibaba (BABA) – The China e-commerce giant and Tencent Holdings could be added to a U.S. blacklist by the White House, according to multiple reports. Many consider such a ban unlikely, however, given that the Chinese firms are widely held by U.S. investors.
Twitter (TWTR), Facebook (FB) – Twitter and Facebook temporarily locked President Donald Trump’s accounts and removed some of his posts, hoping to quell further violence in Washington following yesterday’s assault on Capitol Hill.
MGM Resorts (MGM) – The casino operator was urged by shareholder Snow Lake Capital to sell 20% of its China business to a strategic partner. Snow Lake owns 7.5% of MGM China and said such a move would give MGM financial flexibility.
Baidu (BIDU) – Baidu has chosen Goldman Sachs (GS) and CLSA for its planned Hong Kong listing, according to a Bloomberg report. The offering by the China-based search engine could raise at least $3.5 billion.
The Fall was founded by one Mark E. Smith back in 1976, after seeing the Sex Pistols at the Lesser Free Trade Hall (The same gig attended by Ian Curtis and Peter Hook of Joy Division, Morrissey of the Smiths, and Tony Wilson, who founded the highly influential indie label Factory Records. Basically, Mark was at one of the more important gigs of the past 50 years, as this gig inspired all of those previously mentioned to either start bands or get involved in the punk scene, and changing the course of British indie music.). Over their 40+ years of operation, the band had Mark E. Smith at its helm as the sole constant member throughout it's existence. The band would become known for its classic assortment of records, with the tight musicianship by members such as guitarist Craig Scanlon and drummer Karl Burns (shown in the beginning of this clip from MTV's Cutting Edge) and Mark's esoteric lyricism, the witty, while often-times volatile and difficult, personality of Mark E. Smith, and the constant changing lineup of its members as a result of Mark's volatility. They would also remain to be the favorite band of legendary DJ John Peel, with the band holding the record of the most Peel sessions by a band, which is 24 sessions. The Fall would ultimately come to an end with the untimely death of Mark E. Smith in 2018 due to kidney and lung cancer. The Fall are a significant band in the history of Post Punk, with a wide catalog of music to listen to released throughout the different eras of the band. I have decided to make a write-up going through the many eras of the Fall, while giving some recommendations from each era to start you off. (1976 - early 1979 - Early Beginnings: The Martin Bramah Era) during these years, the Fall were just getting their start with their sound. Their early material leans more towards the punk side of the sword rather than the post punk of their later years, but the embryo of the Fall's sound is clearly present. This can possibly be attributed to the guitar style of Martin Bramah in their early releases, which has a high pitched and trebly sound to the guitars. Their first recorded released came on a live album on the last day of operation for the Electric Circus, then they released their debut EP Bingo Master's Breakout then a single called It's The New Thing all in 1978. They finally released their debut album Live at the Witch Trials in March 1979 before Martin Bramah left in April 1979 due to increasing tensions with Mark E. Smith. He would then go on to found a band by the name of Blue Orchids with another former Fall member Una Baines, who he was dating at the time. Martin would prove to not be the only member to leave because of Mark's controlling demeanor in the band's future. Here's some tracks to introduce you to this era's punky edge: Last Orders Bingo Master's Breakout EP (The entire EP's good to check out) It's The New Thing Rebellious Jukebox Futures and Pasts Mother-Sister (mid 1979 - 1982 - The First Golden era: the Marc Riley Era) I'm calling this the Marc Riley era because, even though Marc Riley was a part of the Bramah era, after Martin Bramah left, Riley would become the main guitarist instead of his previous role as bassist. This would open the door for members like Craig Scanlon to join on rhythm guitar and Steve Hanley on bass. This would end up transforming the sound of the band into the post-punk sound most people are familiar with the band. After releasing Rowche Rumble and the album Dragnet in 1979, the band would end up releasing a string of classic singles in 1980, such as Fiery Jack, How I Wrote Elastic Man, and probably their most well-known song, Totally Wired, as well as releasing the great album Grotesque (After the Gramme). 1981 would also prove to be a good year, with the release of the single Lie Dream of a Casino Soul and the 10-inch EP Slates. The band would end up travelling to Iceland for a string of gigs, which would lead to the recording of some songs for probably their best album Hex Enduction Hour, with tracks like Hip Priest and The Classical displaying the Fall's power in full force. The band would also released the album Room To Live and the single Look, Know. However, this year would prove to be the last with Marc Riley on lead guitar. After learning of their chart success in New Zealand (which was about 300 copies sold to get in the top 20), the band travelled there to play a few gigs in Australia and New Zealand. While there, increasing tensions between Smith and Riley came to a head in Australia when Riley punched Smith in the face for slapping the band for dancing to the Clash (yes, really). There is even a television interview where Mark's black eye is visible (even with heavy makeup). This tour would end up being released as a live album by the legendary New Zealand label Flying Nun Records as the album Fall in a Hole in 1983 (Which Smith would eventually threaten legal action for and forced Flying Nun to pay all of the revenue from the record, effectively almost killing Flying Nun in its infancy). Marc would end up being sacked by the end of the year. This left a hole to be filled for the lead guitar role, and that would be filled after a trip to America. Here's some tracks to check out to introduce you to the classic Fall sound: Rowche Rumble How I Wrote Elastic Man Totally Wired New Face in Hell Prole Art Threat Lie Dream of a Casino Soul Hip Priest The Classical (N-Word Warning) Iceland Winter Marquis Cha-Cha (1983 - 1989 - The Second Golden era: The Brix Smith Era) The band would soldier on without Marc Riley into 1983, with Craig Scanlon taking his place on lead guitar. This period would lead to the release of singles like The Man Whose Head Expanded and the Kicker Conspiracy EP. During the Fall's first American tour without Marc Riley, Mark E Smith was introduced to Brix Smith after a gig in Chicago in April. Within three months, Brix would move to England and end up marrying Mark. She would eventually join the band in September of that year and would first appear on their album Perverted by Language, albeit with minimal involvement and only appearing on one track. Her introduction to the band would end up bringing a pop sensibility to the band, as she would eventually become a major songwriting contributor along with Mark and she would try and push the Fall into a more commercially viable direction. This period would lead to some of the band's most critically acclaimed,as well as their most commerically successful, material. early singles like C.R.E.E.P and Oh! Brother in 1984 display the early shift into the pop sphere for the band. The band would also release the album The Wonderful and Frightening World Of in 1984. By 1985, the band were starting to hit their stride in the commercial sphere, with singles like Cruiser's Creek and Couldn't Get Ahead appearing in the singles charts and the great album This Nation's Saving Grace receiving critical acclaim and decent sales. The band would continue to release increasingly pop-oriented records between 1986-1987, with singles like Mr. Pharmacist, Hit the North and Hey! Luciani reaching the lower ends of the charts, There's a Ghost In My House giving the band their highest singles chart peak, and the album Bend Sinister reaching the Top 40. However, 1988 would prove to be a banner year for the band, with the album The Frenz Experiment reaching the top 20, and the single of the Kinks song Victoria also reaching the top 40. However, this era would eventually come to an end in 1989, when Mark E Smith and Brix Smith ended up divorcing and Brix left the band. Her last record in this era would prove to be the album I am Kurious Oranj, a collaboration with the Michael Clark dance group. However, the trajectory that Brix set the band upon would let their success continue into the 90s, With the band eventually reaching their peak in commercial popularity. However, not all good things are meant to last. Here's some songs to check out to introduce you to this era's pop-leaning sound: The Man Whose Head Expanded Kicker Conspiracy Eat Y'self Fitter C.R.E.E.P 2 X 4 Cruiser's Creek No Bulbs Spoilt Victorian Child My New House I am Damo Suzuki Shoulder Pads #1 Mr. Pharmacist Hey! Luciani There's a Ghost in my House Hit The North Victoria Big New Prinz Dead Beat Descendant (1990 - 1994 - The Peak, followed by the Fall: The Major Label years) After Brix left the band, Martin Bramah was brought back into the fold to fill in her place, and would be featured on the album Extricate, which led to songs like Telephone Thing, which shows influence from the Madchester scene of that time period, which included the Stone Roses and the Happy Mondays, and the love song Bill is Dead, which possibly reflects upon his divorce the previous year. However, Martin Bramah would not be staying for long, as he would end up being kicked out of the band that same year for having a relationship with the keyboardist. This album marked the period when the band would be featured on a major label, with the band being signed to Fontana. The Fall would continue on to have success during this period, with the aforementioned Extricate reaching the top 40, albums like Shift-Work and Code: Selfish reaching the top 30, and singles like White Lightning and Free Range reaching in the single charts, with Free Range being the bands last top 40 single. Their commercial peak would come with the album The Infotainment Scan, which contained a cover of Lost in Music by Sister Sledge, giving the Fall their first and only top 10 hit album. Mark would also be featured on a top 20 single, which was I Want You by the Inspiral Carpets. However, Mark E. Smith's speed and alcohol addiction, which persisted over the previous decade, started to take its toll. The bands fortunes started to dwindle with the album Middle Class Revolt, Which only reach number 48 in the charts, a far cry from their previous Top 10 success. With this album, the Fall would begin to go downhill, both in their commercial performance and their critical stature. Here's some songs to check out from this banner period for the Fall: Telephone Thing I'm Frank Bill is Dead Edinburgh Man Free Range Lost in Music Hey! Student 15 Ways (1995-1998 - The Low Point: The Brownies Years) By this point, Mark E. Smith begins to go downhill with the previously mentioned drug and alcohol addiction, and its effect on the music shows. Brix Smith returns around this time period and would come back on the album Cerebral Caustic. Even with her involvement in the band, the album got middling reviews and performed worse than Middle Class Revolt. Smith would also dismiss the long time guitarist Craig Scanlon, who had co-written 120 songs with Smith over the previous 16 years. Smith would later say that he regretted this decision. By the time of The Light User Syndrome, Brix had enough of Mark E. Smith's degrading state and behavior due to alcohol abuse, and would leave on the tour supporting this album. This period would be wrought with increasing tensions in the band and financial troubles, which ultimately came to a head on the US tour supporting the album Levitate at an infamous gig at the New York venue Brownies in April of 1998. Smith ended up appearing drunk at the gig, and did everything in his power to make it hard for the band to play. It came to a head when drummer Karl Burns, who returned to the band when Middle Class Revolt was made, ended up shoving Smith for messing with his drum kit. Burns and long-time/essential bassist Steve Hanley would end up leaving the band and never returning. After this gig, the next few years are marked with the band remaining a low profile for the most part, where would eventually return to form by 2003. Here's some tracks to check out (if you want to) from this era: Don't Call me Darling Rainmaster D.I.Y Meat The Chiselers Powder Keg Masquerade (1998 - 2002 - Touch Sensitive: The Long Lull) During this period of the Fall, the band was just starting to be put back together by Mark after the debacle that was the Brownies gig. The band was able to achieve some form of critical favor with their album The Marshall Suite in 1999, with Touch Sensitive being a particular standout on the album and being featured in a Volkswagen commercial. The band would then release their album The Unutterable, which also started to gain the critic's favor back. The next album Are You Are Missing Winner, however, didn't do the band any favors, as it was recorded when the band was tight on funds. It was considered a misstep by the Fall after the acclaim that the last album received. However, this would ultimately lead to the start of a new era of the fall that would effectively renew their relevance as a band in the public's eye. Here's some tracks to check out from this transitional period of the bands history: Touch Sensitive W.B Sons of Temperance Dr. Bucks Letter Bourgeois Town (2003 - 2009 - A return to grace: The Third Golden Age) This era of the fall proved to be a rebirthing of the band's relevance and quality, with Mark writing some of the best material the band had in years. This era starts with the album The Real New Fall LP (Formerly Country on the Click) in 2003, which provided the band with some late era classics, such as Mountain Energei and Theme From Sparta F.C. Around this period, the DJ John Peel, who was one of the band's biggest supporters from the beginning, died of a heart attack, but not before the Fall could release one more Peel session a couple months before his death. The Fall would then release Fall Heads Roll in 2005, which also provided the band with another late-era classic in the form of Blindness. The band would also release albums like Reformation Post TLC and Imperial Wax Solvent within the same period. Imperial Wax Solvent would end up being the first Fall album in 15 years to reach the top 40. This would lead into the final era of the Fall leading up to Mark E. Smith's untimely death. Here's some tracks to check out from this era: Mountain Energei Theme From Sparta F.C. Blindness Clasp Hands Fall Sound Latchkey Kid Is This New Strange Town (2010 - 2018 - The Witching Hour: The Domino and Cherry Red/final years) In 2010, the Fall would release Your Future Our Clutter on Domino Records, the same label that releases records by the Arctic Monkeys and Franz Ferdinand, Two bands heavily influenced by the Fall. Mark E. Smith would also end up recording vocals for Glitter Freeze on the Gorillaz album Plastic Beach, which was released in 2010. The band would eventually move to Cherry Red records, which would remain the label of the band until its dissolution. On Cherry Red, the Fall would release album such as Ersatz GB, Re-Mit, Sub-Lingual Tablet, and New Facts Emerge. The latter album would prove to be the band's last record. Over this period, Mark began to develop significant health problems, and would eventually be diagnosed with terminal lung and kidney cancer. This is probably due to the fact that Mark E. Smith was a heavy smoker for most of his life, and his previous problems with drugs and alcohol didn't help either. Mark would perform his final gig with the Fall in November of 2017, and would eventually succumb to his illnesses on January 24th, 2018. Mark E. Smith would leave behind a long history of innovation, wit, and volatility and large catalog of great music for others to be inspired by. Here's some tracks to check out from the final era of the Fall: Bury Pts. 2 + 4 Nate Will Not Return Loadstones Fibre Book Troll New Facts Emerge (Final Remarks) So that's my write-up for the Fall. I discovered this band about 3-4 years ago and I have fallen in love with them ever since, and I just felt like that they deserved some attention. I wrote this post for anyone who may be interested in checking out the band and giving them a place to start from no matter the era. May Mark E. Smith rest in peace, for he wrote "Northern white crap that talks back" and dug repetition. I personally believe that the Fall, while revered in Post-Punk circles and UK indie music, I feel that they are still highly underappreciated in popular music. I feel that they should have been on the same level as the Cure or Joy Division in their cultural significance to music in general. However, what we do have from the Fall is great and I can say that I love them dearly. For any fans of the fall, what is your opinion on the significance of the Fall to popular music? What do you find to be your favorite aspect of the Fall's music?
Summary of Findings I am recommending that you take a close look at NamSys Inc. NamSys Inc is a simple predictable free cash flow generative business with a durable competitive advantage and a long runway ahead of it. It has a strong market position in the cash management industry and a growing SaaS business model. As of January 5th, 2020, NamSys Inc, which trades under the ticker symbol “CTZ”, closed at a share price of $0.90 or a market cap of $24.5m. It has about $5.5m in net cash on the balance sheet and the stock currently trades at a 9.3x pre-tax cash flow multiple, which translates to a 10.8% pre-tax free cash flow yield. At this price, I think it is worth a close look. Business Overview NamSys Inc is a small company based in Toronto, Ontario that specializes in providing SaaS software solutions to the cash management industry for financial institutions, retailers, casino operators, transit services, and to many different government entities. It sells 4 cloud based software solutions: Smart Safe Monitoring, Cash-In-Transit (CIT) logistics, Currency Controller (cash vault management), and Deposit Tracking (Banking). NamSys’s cloud based solutions are labelled under the brand name, “Cirreon ''. Cirreon Smart Safe - The Cirreon Smart Safe product segment represents over 70% of NamSys’s total revenues and it has been growing at approximately 20% compounded annually over the past 10 years. The software solution is being sold in 24 countries but most of it is in North America. There are 16,000 NamSys smart safes out of a total of 80,000 smart safes in North America, which translates to 20% market share in the smart safe segment. Cirreon CIT Logistic Software - The CIT logistic software assists cash-in-transit operators, who are responsible for safely transporting a business’s physical cash to the bank, to manage day-to-day operations. The Cirreon CIT software solution is an app that allows CIT providers to manage their fleet, track pickups and deliveries, strategically map routes, provide GPS navigation services, and also allows the CIT driver to communicate with the other drivers or customers. The CIT logistic software represents 4-5% of total revenues. CIT sales have been growing by 300% over the past two or three years, according to management, so it is a stream of revenue that will grow at huge rates over time. NamSys Inc has a long-term partnership with CIT providers across North America. The biggest CIT customer is Brinks, similar to the smart safe product. Brinks control 25% of the CIT service market in the cash management industry, which obviously exposes NamSys to 1/4 of the total market. Currency Controller - The Currency Controller is a cash vault system used to process cash, count cash, and fill cash orders. The Currency Controller can be found within ATM and bank machines and assists banks and CIT services with accounting, billing, management and fulfillment that they need to perform for customers. The Currency Controller segment represents about 20-30% of sales and it has grown at 50% compounded over the past 3 years. It is available with a license and a subscription-based pricing model although the subscription model is becoming more popular. Cirreon Banking - The Cirreon Banking app is a new product segment that has been introduced a few years ago and represents about 8% of total revenues. The Cirreon Banking app helps customers create and track deposits, place change orders, and request support, all from the customer’s phone. The Cirreon Banking app is sold as a subscription just like the rest of the Cirreon software solutions. Durable Competitive Advantage High Switching Costs - Once a retailer is hooked up onto the Cirreon platform, the idea of switching to another software platform is very unlikely and rather costly. Since Cirreon holds all of the retailer’s financial data related to invoices, cash inflows and outflows, and other important information, transferring this data on to a whole different platform will not only take up a lot of time and money, but sometimes might not be technologically possible. The Cirreon platform uses Java based programming, which makes it almost impossible to transfer data. In addition the learning curve for business owners and retailers when joining a new platform is very steep, which makes it uneconomical for NamSys customers to switch and spend hours, if not days, getting used to a whole new set up. The high switching cost nature of the software solution is evident with the high customer retention rates of the Cirreon platform, which management has reported to be very high. In the CIT logistics segment, NamSys provides navigation services and GPS software which interacts with the Cirreon platform to help retailers track where their cash is heading while also allowing CIT providers to communicate with local financial institutions. NamSys also has the benefit of high switching costs because CIT providers almost always stick with their logistic software providers and rarely switch. This is mainly because NamSys’s logistic software is already embedded in the CIT network system and the cost of reprogramming all the computers inside the CIT trucks and stopping business is so high, that it remains uneconomical for a NamSys customer in the CIT logistics space to switch over to another software provider. Product Differentiation - Cirreon integrates many different parts of the cash management cycle onto one platform. There are very few services like this in the cash management industry that offer an all-in-one, easy to use service. In fact, the closest product offering could be from Safeology, which is a new tech startup, prominent in Europe. However, even Safeology fails to offer the quantity and quality of services NamSys provides to customers, as they do not have an established smart safe software service or an online banking app. In the most recent annual shareholder meeting, management has asserted their ability to increase prices to improve profitability. However, from a strategic perspective, they prefer to continue to add value to customers by keeping prices stable and remaining much more competitive in the marketplace. If you can add enormous value by providing a better quality service at great prices, then it is almost inevitable that the business will succeed over the long term. Holding this philosophy over the past 5 years contributed to the stellar growth in the business and I expect this to continue. Brinks Long Term Partnership - NamSys and Brinks have strong business relationships with each other that should last over the long term. They both have a 3 year contract with an option to renew the contract at the end of each term. Since NamSys has already penetrated Brink’s ecosystem, it is expected that their customer relationship continues over the long term. With Brinks focusing on the hardware side and NamSys providing the software, both Brinks and NamSys have worked together to launch extremely successful cash management products and have been rapidly expanding to over 24 countries. NamSys is able to piggyback on Brink’s acquisition driven approach for expansion and its 23% share of the global cash management market, which provides countless opportunities for NamSys to grow and gain more market share in the software industry. For example when Brinks acquired Dunbar or G4S (both are cash management companies), they converted Dunbar and G4S’s old cash management software and integrated NamSys’s software in all the smart safes, CIT logistic networks, and currency controllers. As a result, NamSys inherits a strong market position and bigger network when Brinks acquires its competitors. Most of NamSys’s competitors lack valuable customer relationships with big players like Brinks and it is part of the reason why NamSys has been able to keep high returns on invested capital and operating margins for a decade. Revenue Breakdown and Capital Efficiency The SaaS revenue stream consists of hosted service fees and technical/maintenance support. It is clear that from 2015 to 2019, the recurring revenue stream has grown to 83% of total sales revenue. The licenses segment as a % of revenue has been decreasing as it represents an old fashioned method of selling software (customer provides a payment at the time the software is provided). This is more or less caused by customers abandoning licenses and getting onto the SaaS platform, which is a much cheaper option. The professional services segments represent the small customized projects NamSys does for specific customers but we will exclude this out of our analysis as it is negligible and very volatile. The business requires very little incremental capital to maintain and grow its line of business. ROIC has gone from 135.6% in 2015 to 463.8% in 2019, which illustrates the capital light nature of NamSys’s business. With very little tangible capital employed, NamSys was able to grow revenues at a 20% CAGR over the past five years and increase cash flow generation significantly. Revenue growth exceeded 20% in 4 out of the 5 past years, besides 2018. Revenue growth in 2018 fell down to 12% primarily due to NamSys’s decision to fully convert its currency controller segment, which makes up about 20% of revenues, into a SaaS model. Before, customers had to pay a big upfront cash payment (software licenses), but this all changed during 2018 when customers had to pay a fraction of the big upfront cash payment, due to the shift in payment terms. Thus, the lack of revenue growth in 2018 can be seen as an anomaly. Furthermore, gross margins have averaged about 71% over the past five years, declining 2-4% in 2018 and 2019 due to an increase in staffing costs. Operating and EBITDA margins are very healthy, averaging about 43% over the past 5 years, which illustrates stellar operating performance. FCF margin has averaged about 38% over the past 5 years, moving up and down due to aberrations in changes of working capital. Finally, the company has averaged about 29% FCF growth over the past 5 years, however the volatility in the changes in working capital create stark differences in the yearly figures. Moreover, based on analyzing NamSys’s historical growth and margins, one can conclude that NamSys is a predictable business that will grow over the long term. Opportunities to Grow The smart safe software revenue segment, which consists of 60% of total revenues, has grown at 28%+ per year over the past 5 years. With Brink’s, a $3B private security and protection company, being the largest customer, NamSys can piggyback on Brink’s international growth plans. NamSys has a strong customer relationship with Brink’s, as Brink’s builds the hardware for the smart safe and NamSys installs its proprietary software into the smart safe. At the moment, over 16,000 smart safes with NamSys software are being used in North America. However, in places like South America, the smart safe market is growing at 100% per year while in places like the Middle East or Africa, there is no smart safe market. NamSys has significant international opportunities to grow and expand its software service, which should be a prime driver of growth moving forward. If you do the math, Brinks projects that there will be 1.2 million potential new locations for smart safes to be installed worldwide. If the partnership between Brinks and NamSys gets hold of 10% to 20% of this market, this could mean about 60,000 to 120,000 smart safes installed within the next decade. Right now, NamSys Inc has around 16,000 to 18,000 smart safes installed. Over the next decade, I conservatively project that NamSys Inc can 3x to 7x their sales today, as long as they keep good customer relationships with Brink’s. Obviously, this is not accounting for the fact that Brink's is gaining a ton of market share through acquiring a lot of its competitors, which should yield more market share for NamSys in the software development space. In addition, NamSys is currently experiencing huge tailwinds in their CIT logistics and currency controller software lines of business as well. I think there is a great runway with Next Gen ATM and the whole trend behind CIT companies acquiring ATM networks. With Next Gen ATM, NamSys can be positioned to sell not only their CIT logistics application but also their cash vault (currency controller) product as well. Furthermore, NamSys is also participating in a pilot project with the US Federal Reserve, with testing new software products and solving issues relating to the transportation of cash. The revenues from this pilot project should materialize within the next 3-4 years, as it is a long term project. Management The CEO of NamSys Inc is Barry Sparks, who has been the CEO for over 15 years. Mr. Sparks is the President of Torvan Capital and owns 40% of NamSys common stock through this investment vehicle. The President and COO Jason Siemens has been with the company for about 23 years and owns about 0.8% of the common stock. Mr. Siemens is a very competent manager, who thoroughly understands the cash management business. Through analyzing all the past earnings transcripts and shareholder meetings, it is evident that Mr. Siemens has a clear strategy on building NamSys’s moat and growing the business. One of the best and worst capital allocation decisions management has ever made was entering the hardware market (a lower ROIC business) in 2006 and leaving it in 2011, which led to NamSys’s stellar financial performance from 2012 and onwards. In addition, there has been no shareholder dilution (through stock based compensation) over the past 10 years, which is beneficial for long term shareholders of this business. Along with the Board and Mr. Sparks and Mr. Siemens, I think NamSys is a well managed and shareholder friendly business and I do not foresee any managerial issues arising from the individuals who run this company. COVID-19 Impact NamSys Inc has not really been negatively impacted by COVID-19 when compared to most other companies. A lot of their customers are grocery chains and gas stations that were running even when most businesses were closed. Revenues for Q2 2020, period ending April 30th, increased by 14.5% when compared to Q2 2019. Revenue for the first six months of fiscal 2020 increased by 19.2% when compared to revenue in the same period in fiscal 2019. NamSys generated a significant amount of free cash flow and the cash balance grew to $5.5m, up from $4.3m from Q1 2020. COVID-19 had an immaterial impact on NamSys Inc from a financial standpoint, which further emphasizes the durable business model of NamSys Inc, which can grow even during a pandemic and recession. So, while most businesses are struggling amid today’s unstable business environment, NamSys is growing its market share and throwing off more cash. Valuation I think NamSys’s intrinsic value will grow and compound over time, given its sticky business model and long growth runway. Please see for the supporting financial model of the base case valuation. For the base case valuation, I think a reasonable case would be projecting out a revenue CAGR growth of 13.7% over the next 5 years until 2024 (compared to 24.6% between 2015 and 2019). Given the company has a history of growing revenues at 20%+ CAGR over the past five years and the future growth potential in its smart safe and Cirreon banking application segment, I expect operating margins and its cost structure to remain stable over time. Keeping the 15x FCF multiple constant, the value of the business will grow to about $2.00+ per share by 2024, which represents an IRR of 23% per year. I think this is a compelling investment opportunity with significant upside. First DD, so thanks for reading :) I have 2,500 shares at 0.88
My 1 Year Anniversary of Full Time Day Trading. 3 Years In The Business. What I Wish I Could Tell Myself Years Ago.
This industry has a lack of transparency so I'm more than happy to say I will provide lots of that throughout this post with screenshots. There are LOTS of imgur links to back what I say so it's not just words on a post expecting you to just believe what I'm typing. This post I suppose is "Part 2" my post back in April, "After 2 years of Daytrading. 7 months full time. Here's my advice". I'm doing this to update everyone who came/comes across this in the future. Yes, it is possible. No, it won't be easy. You will pay homage to the rite of passage into this career. I'll also provide some examples of styles of trading so for the newer aspiring traders, there will be some things I rarely see discussed on forums. So here's to 1 year of Full Time Day Trading TL;DR - You'll become desensitized to trading. Stubborn to other strategies (There are biggebaddemore lucrative strategies. Don't chase them. Why fix what's not broken? I know what works for me and I'm content with it. No strategy is better than another. It's a personal choice. ). Losing individual trades won't faze you, they're inevitable. Profiting certainly feels better. After a while, you won't be as enthralled to trade every morning, it'll become just another part of your day). Trading is just managing your money through a statistic and the medium to execute it is trading on your platform. Think: "If. Then. Because". Your trading plan should be that black and white. Ask "Why" for everything you do and use. If you can't answer it with documented results, drop it. I get a bunch of messages all the time from people asking - . Out of those who follow me and chat me seeking further tips through my previous posts. I'll be answering the FAQ's and addressing things I see frequently in this sub as far as trading axioms Disclaimer: I won't sugarcoat anything. I'll share my experiences and add pieces of advice I'd give to those who are currently experiencing the same thing becoming a full time day trader and what day to day life is like, the occasional distress, (DRAWDOWNS). Some of you follow my Twitter for the past few months where I post my daily watchlists with a snippet that reveals my DayTradingBuyingPower. I do this not to brag but to demonstrate that the account does yield growth, I pay myself, and there are days where the balance does not move because there was no edge. I also do this since nobody else shows their account performance. (Yes. You, Mr. YouTube gurus and wannabe gurus). We do this for income, the numbers on our accounts are real. Treat it as such. Get your initial capital out of your account THEN try to "Scale your account" with your profits AKA The Market's Money. I'll go over: •FAQ's that I get in my inbox (I'm still welcome to further questions if I don't answer here) •Decision Fatigue (You will experience this) •The previous year (2019-2020) of ups and downs •How to use my watchlists that I post on Twitter in the morning to your advantage •The pivotal moment that changed my trading career (NFLX 10-17-19) •The road to becoming a full time trader. (It won't be fun unless you're handed the money) •You'll have a better grasp of my strategy (Between ProTip 4 and 5. ProTip 8.) There are 10 "ProTips" throughout the post that I wish I could tell myself years back and I'll periodically throw them in here as the post goes on. I make posts long in order to segregate those serious about this business and those who will just become another statistic in the failure rate of this business. At the end of this post, I'll go over the frequent questions I receive such as: (Answers to FAQ at bottom of post.)
"How do you prepare for a trading day?"
"What would you go back to tell yourself?"
"Books?" (The most abused question, but I get it. I could start a public library with just trading books I bought over the years)
"What is your background?"
"What is a normal day for you?"
"How did you discover your strategy?"
"What did you do/How did you get started?"
"What is your % return?" (Not a fun question since a trading account is not an index or investment account. Intraday traders do not measure performance in %. Most are measured in "R".)
"Is enough to start trading?"
"Why do you need so many monitors"? (This one is rarely asked but I do see it discussed on platforms and people trading on mobile phones love giving flack to anybody who trades on multiple monitors. Hint: Everyone's different. Whatever works for the individual. There are no rules in trading. The only rule is that it works.)
Background: I heard about daytrading during the 2008 crash while in high school. We all want to make more while working less. I entertained day trading from time to time but always realized I never had enough money. Horrible mindset because I could have still researched WHILE saving money to put into my trading business. 2015 -I opened my first trading account with Scottrade while in the Marines. Apparently if you have a net worth of over $1,000,000 you can get out early (Biggest rumor ever). I frivolously bought crap penny stocks. In short - I was a hair away from gambling. What made it NOT gambling was the fact that at least I owned something tangible (Securities of a company) and anything can happen. Buy low sell high was my strategy. Didn't work obviously. No idea what I was doing. I'd buy and hold hoping to wake up to the stock price being way higher and it never happened. •ProTip #1 : If you hold a trade overnight... It is not daytrading. Stop turning into an investor because you can't admit a minor defeat. 2017 - I started taking this business seriously while working in the oilfield as a Logistics Planner (If you're wondering what company since I am asked this from time to time, Google: "World's largest oilfield services company"). No kids, girlfriend/wife or financial obligations. I worked 10AM - 7PM CST and would trade the open from home for roughly 1 hour. Later I was offered to be a Data Analyst... Only downside was... I couldn't trade since I had to be at work now at 8AM CST during the market open. In the moment of signing the offer letter, I was bummed thinking, "No more trading," That wasn't the case though. You can still build your trading business with a 9-5 and while never making one trade. The data is there. •ProTip #2 :We all see the same data. It's there forever. Many strategies show their edge both live and in hindsight the same. (Especially if you trade patterns). You CAN build your business as a trader without even taking a trade. You CAN build your strategy while working a 9-5. Just because you're not trading, does not mean you can't build your business through research. You won't know how you'll react to the losses but at least you can diagnose the raw data with a large enough sample size for assurance and confidence. If you have a 9-5 and want to go fulltime into this business. Stay for a bit, save, live so far beneath your means that it is almost miserable, (depending on your expenses, area you live, family etc) and get a few hundred sample sizes of your strategy! And for your PTO/days off... trade the open. I sacrificed my vacation days to trade. After 2 years in corporate America, eating cheap food, never going out, saving relentlessly, I made the decision to just do it and resigned. I went straight into the ring of fire known as trading. That was on: September 23rd, 2019 ""(Sound familiar?) When you hear these types of comments.. your response should be: "Nobody put the time I put into this. The 90%+ who fail, don't have it all written out, computerized backtests, manual backtests, statistics, SOP manuals, JUST like the job I have which is a business, I'm just another cog in their wheel. I'll just be wearing all the hats in my trading business. Instead of Oil&Gas, it's just for trading". One thing I see here a lot is people saying to trade X amount of months/years or make X. •ProTip #3 -Think in man hours, not calendar. Example: Trader A puts in 1 hour of study/work/research everyday for 1 year. (365 Hours) Trader B puts in 12 hours of work every day for 4 months. (~1,450 Hours) Trader A lives in a major city while Trader B lives in the middle of nowhere. (Think cost of living) 2 totally different living expenses and 2 different calibers of dedication. I'd put my money on Trader B because he put in more man hours. (~1,000 more hours on the clock to be more exact). ProTip #4 - Have a cushion in your account AND your personal bank account. Having a strategy is great but you won't know entirely if you can fulfill and execute your plan until you experience the ups and downs both short and long term. A strategy is constant over long periods of time... there will be days, weeks, and perhaps a month here and there where you aren't making much money. We hear all the time, "Trade like a casino". Casinos don't make money day after day but the odds are in there favor over the long haul. Month 1 of full time trading was great: Immediately after going full time, the first month (September 2019 to October 2019), I did super well. Business as usual. No stress. Everything going as planned. No turbulence. At least not like I had ever experienced... The 2 prerequisites I had before resigning was:
Show consistency in returns. Consistent Sharpe Ratio.
Make a 4 figure trade (I achieved this while short 100 shares on ROKU September 20th, 2019 and even made a victory post if you scroll down my profile's posts.)
First life-changing trading lesson learned as a full time trader: That money printing spree ended on NFLX October 17th, 2019. Less than 1 month of being a full time trader. Deviating and going against my plan I actually made $500 in a matter of 4 minutes. If you follow my watchlists on Twitter, I always trade with the direction of the gap. If I notate, "Long Watches" that means I will only trade it IF (and only IF) I see a long biased pattern. Likewise I will only be looking to short my "Short Watches". Plenty of times I'll call out a ticker and it immediately goes the other way. No harm no foul because there was no long biased pattern to confirm my thesis. On 10-17-2019, I went against my plan and it worked.. NFLX gapped up to resistance and I went short when it tanked off of a short pattern.(This is known as fading). The market gave me a free lunch and then some. So now I'm walking on air in my mind: "I'm an absolute unit" "I'll do it again and clear another $500 to make it a 4 figure day before 9:30AM Central" "Should have quit my job way earlier being this good." Within 30 minutes of the open. I gave all $500 back. Yes I wanted to trade it back. Never have I had the desire to smash anything but I do understand those who do! Yes I stood there and felt like each passing second was wasted opportunity. The next 24 hours were long! ProTip #5:It's circumstances like that that help you in the long run. FunFact: I never once deviated from my plan since. Not ever again. "I could have paid for my groceries and electric for the month after 4 minutes of trading if I just took the free pass the market gave me" I felt dumb but in hindsight, I'm glad at what happened. It was this exact instance that married me to my strategy/business plan. The next day and the 7 trading days following. I didn't make 1 profiting trade. My longest ever drawdown - 11 straight trades. While researching I found out this was Decision Fatigue (I'll go over this shortly below) Put yourself in that situation... You have bills and your income is strictly trading. I don't care how much a robot you think you are or how strongly you believe in probabilities, when you were in an office less than a month ago making almost 6 figures sitting in an air conditioned office knowing direct deposit is on its way every other Friday no matter how well or poorly you performed at work.. Now you're in the hot seat. Its a bottomless feeling. Now all of your friends and families words are ringing in your head. But just like a boxing match.. you gotta take a hit to get a hit. Win some, lose some, shake hands and get back to normal life. Water under the bridge. Mind you: •No guaranteed direct deposit every 2 weeks. •No more medical/dental insurance. •401K retirement is no longer being matched. 11 trades is nothing. You only require ~5.5 trades at 2:1RRR to make it back OR 3.5 trades at 3:1RRR. It's nothing especially in your research because you can easily just scroll a little more and see, "Oh that's just a drawdown. No big deal". How will you react in real time? Will you buckle or choke? But the thing is, I was skipping trades out of fear and JUST so happened to be picking all of the unsuccessful ones. (Decision Fatigue) Think about those 2 weeks of being in a drawdown. Half of the month. You're not just stagnant, your account is bleeding slowly but surely. Next time you're looking at your spreadsheet/backtest/predictive model/research.. try to put yourself in those days of drawdown. It's not just 11 boxes of red with "-1R" or "Loss" in them. The screenshot above on Imgur is just a recent example. Think about your daily routine, going to the gym, hanging with friends, grocery shopping, cooking, going to bed, waking up, doing a routine, then losing again.. and again.. and again. Try to think of life during those 300+ hours (Weekends too) of, "I haven't made money. I've lost money. And I still have bills. After paying them, I'll be closer to my set Risk of Ruin". Here's a lesson you won't learn before going fulltime but I'll do my best to emphasize it here: Pick a strategy. And stick with it. It can literally be anything. Don't spread yourself thin watching 20+ tickers and be a jack of all patterns/tickers. Be a master of 1 pattern and master of 1 circumstance. There's this real thing called "Decision Fatigue" which explains exactly why what happened.. happened. The article explains that the 2 outcomes of this mental strain known as "Decision Fatigue" is:
Sound familiar? Does it kind of make sense now? As a new trader you have YouTube, Facebook, StockTwits, Twitter, "gurus", books recommended on Amazon, all throwing their ideas/strategies around, the market has opportunities littered all over.. Decision Fatigue is inevitable for the unprepared. Decision Fatigue happens in every profession. If you mess up at your 9-5, its just a blunder, your paycheck will remain the same. Just a slap on the wrist and move on. With trading, you make a mistake.. it's less food on your table, lights don't stay on, and/or water isn't running. That pressure adds up. No wonder so many fail... The signs of Decision Fatigue: •Procrastination. •Impulsivity. •Avoidance. •Indecision. When you find what clicks with you AND its either statistically or performance proven, have the courage to risk a healthy sum of your capital into it. There are strategies/patterns/styles of trading littered all over the internet: Very broad example: "IFcircumstance happensTHEN"Execution". Stoploss is XYZ. Target is XYZ.BECAUSEover a series of Y trades, I will make $X,XXX.xx". ProTip #6 :Strategies are all over the internet. It's your account/money, backtest it. People share their strategies here all the time and although I don't agree with them because I know what works for me, it's something to chew off of for you newer traders. YouTube is a harbor with people who give just enough info to figure their style out.You will lose trades. Sit for some screen-time and pay homage to the edge that you discover. All in due time. Insert key metrics and find correlations. This is how you create checks and balances to create/formulate a black and white trading plan. When I first started doing this, my spreadsheet(s) had so many columns it was annoying and would kill my desire to continue working. You'll find things that are imperative and some that are unimportant. For a lack of more colorful terms: "Throw stuff at the wall and see what sticks"Trim the fat. Rinse and repeat.
Here's some things I used to remind myself of and perhaps it'll ring some bells for you:
•Surrender your capital to your edge. If you truly accept the risk and trust your proven edge, losses don't feel like anything nor do profits. Although we're not here to put on losing trades and yes it does feel nice to profit. I still from time to time will excited when I hit target after a series of multiple profiting trades depending on my mood. •If you're nervous or your heart starts beating quicker when you hear the sound effect of a trade getting entered/filled. Be honest with yourself and ask yourself if you're truly accepting the risk. •Things you can't take to the bank:
Number of trades.
"This one great trade that I hit target in less than 30 seconds and I got filled better than expected"
All of these are integral metrics. But you're trading to make money. It's up or down, green or red, profit or loss, TRUE or FALSE. So with that said, find what works flawlessly and is easy to follow. Checks and Balances. Then allocate a good sum of risk into it. I read it here all the time, "Don't risk too much" and that's great and true for new traders. But don't sell yourself short. Push yourself over the edge and admit that you know your stuff. Think of Trader A and Trader B. If you've put the time in.. don't sell yourself short. You've built enough courage to learn a business so many fail at. This business has such a negative connotation. But remember that not everybody can handle meritocracies and that's exactly what the market is. Don't try to be the best, just work harder than everyone else and the output of your input will be relative. ProTip #7:YouTube trading ads from gurus... they're subconsciously making you think you're a novice trader.It's in their marketing. They study marketing psychology. The EASIEST things to sell:
People that are desperate for those things are the most vulnerable and these "Traders" marketers are fantastic at portraying all 3 of those things at once. •ProTip #8 (Broken record alert) :Write a business plan. Your strategy shouldn't take longer than 4 sentences to explain to another trader. When you have a plan that's proven through a statistic and WAIT for it to happen, you feel100Xbetter taking the trade. You don't even care too much when it results in a loss. Because that was your plan, you accept it much better, and you know it was just an expense for a winning trade. Want my strategy? "I scan for stocks with a market cap of over 250M, 10k shares premarket, gapping to support or resistance, priced over $10, and I look for a pattern biased to the direction of the overnight gap. It isn't rocket science. Check my Twitter, look at the dates I posted, and you'll notice the gist. Yes this is an edge but not the entire edge. How fast can you sift through 15 time frames? How long does it take you to fill out your order ticket? Your Fibonacci time extensions with 5 EMA's and Bollinger Bands aren't helping you. They're lagging. If they work for you, great. In my experience, they hindered my visibility. Pro Tip #9: Yes statistics are highly applicable to trading. Patternsdowork. All patterns do is tell you WHEN to enteexit, and how many shares. Humans will never think differently of money. Be the frontrunner of the market's emotions. Nobody remembers the indecisive leader. Risk taking is a commonality amongst leaders. Trading requires courage and it's O.K. to show a bit of confidence as long as you also have the humility to admit when you're in a bad trade.(Notice how I didn't put, "wrong". You're only "wrong" when you deviate from a proven strategy.) ProTip #10:Risk management is 24/7. I've never heard anyone mention this but think about it a little bit. Having financial obligations can become stressful regardless of how you earn your income but its far more stressful while running a business. Not just any business, but a business where you can go to work on your A-game, do every single last thing right, trade without emotion etc... and still walk away with less money than what you came to work with. Meanwhile somebody who JUST started trading made a 4 figure profit not knowing what the heck the difference betweenETB, HTB, or NTB. Think of it like this, a JV high school baseball player can hit a homerun off of an MLB pitcher once.. but how will he fare at the end of the season? Traders don't predict stock prices, traders predict the outcome over hundreds of trades. People chat me asking what TO do rather than what NOT to do. You don't learn labor intensive jobs or how to fly a plane by what to do.. you learn what NOT to do to stay alive. That's all I have. Once you have a trading plan underway and you're executing it, you don't have much time when your hobbies are cheap but I still do respond to chats/messages. I do get asked from a previous post when I'll build a website and to answer that: I'm learning how to build a site on rainy days. Can't put a definitive date on it. I will say that its coming, if you don't give up on this business in the next year or so, you'll see it. What I plan on putting on there:
Position size Calculators
Dictionary with examples
I just don't want some generic WordPress site. I want my website to be stellar and a great resource for aspiring traders. Something I didn't have learning this business. I want it to be something I'd consider a staple in a trader's resources. Perhaps one day it will be referenced on this sub frequently. FAQ:
"How do you prepare for a trading day?" I get behind the computer about 20 minutes before the bell. Reason being: "If you study long. You'll study wrong". If the chart isn't grabbing my attention and gets me excited, then I flick to the next ticker. I don't even know the companies I trade half the time nor do I care about a news report some journalist wrote. Also there is no magic news outlet that lets you know about "Major events that affect stock prices". If there was, I wouldn't be here because we're all subscribed to the same edge nor would I be trading my style.
"What would you go back to tell yourself?" Get more data. Save a little more, your hairline and sleep schedule will thank you. Take only perfect trades and don't feel forced to trade. There will be days you don't touch an order ticket. And days where you are busy and have tunnel vision. Next thing you know its time to shut it down for the day.
"Books?" - I try to humble myself when answering this but off the cuff, they're all mediocre. Andrew Aziz's was ok, definitely get it, it's only a few bucks on Kindle. Just don't expect it to give you strategies BUT it will give you ideas. If you're brand new, it is good as it will teach you the common vernacular of a day trader. Mark Douglas was interesting but his YouTube seminar recordings are much better. No book, Facebook group, YouTube channel is going to be the end all be all perfect strategy. Expect losses. Don't be a one hitter quitter after suffering a few tiny losses/paper cuts. Stick to it. Most books will help you familiarize yourself with the common vocabulary amongst traders and will hint ideas. It's your job to formulate the strategy and template for research.
"What is your background?" I was a logistics planner for a major oilfield services company. Later I then became a data/buyer analyst so yes, data analytics/research was a 2nd language for me entering trading. I did have that upper hand and did shave off months if not years for me.
"What is a normal day for you?" I'm always done trading after 10:30AM Central. I will hold onto a trade until right before the bell if it hasn't hit either target or StopLoss by the time I leave the house but it is absolutely closed in entirety by 2:55PM Central. After I trade, I enjoy the day. No I'm not riding around in my Lambos posting IG/Snapchat (I have neither) stories of my profits with my private jet waiting on a runway trying to sell an $7 eBook or a $100 membership (HINT HINT). I grill/cook, read, workout, ride my motorcycle, attack my other sources of income (small businesses I'm building), hit the driving range, shoot guns, etc. I live in Texas. Life is cheap and fun here.
"How did you discover your strategy?" I bought TradeIdeas premium, went through all of their computerized backtesting patterns, tested them. Then did what I mentioned earlier... Tried to find correlations in metrics. It distilled the trades to a strict criteria and here I am. I post on average 4-5 tickers on my watchlist. 7 max. I do not like spreading my attention thin across multiple tickers. I do not recommend buying TradeIdeas, it does have lots of bugs.
"What did you do/How did you get started?" Was a data analyst, was good at research and applied it to trading. My incentive was, "I could have made more money trading rather than sitting in 2+ hours of roundtrip traffic and 9 hours in an office. The data is there. Everybody sees the same charts all over the world. There are ways to make this possible"
"What is your % return?"(Not a fun question since a trading account is not an index or investment account. Intraday traders do not measure performance in %) I trade to make money AND pay myself, so my equity curve will look like a small loss or small gain after I pay myself. % return? I measure my account's performance in Sharpe Ratio and Risk Units. My Sharpe Ratio is ~1.85. While I yield roughly .8 - 1 R per trading day. Some weeks I make 10R. Some weeks I lose 2R. Yeah one week I might make $2,500. But the next week I might lose $300. The following week my strategy will yield $0 and the last week I might make $1,000. Some weeks suck. Some weeks are great. But overall. Just shy of 1R per trading day. Some days I'm super busy taking trade after trade. Some days I'll shut it down after 5 minutes without even filling out an order ticket. Some days I won't even see the open because there is no edge for me.. Keywords... "For me".
"Is enough to start trading?" Depends on where you live. Are you restricted to PDT? If not then how much are you obligated to expenses? I live in Texas. Things are cheap here. If you live in NYC or The Bay Area your expenses will be astronomical compared to mine. A $30,000 account is totally doable for a single Texan with low monthly expenses. Now if you're in California or New York? I'm sure you'll fall below 25k if you have 1 bad month. Also depends on if you have other sources of income or a full/part time job. I encourage every trader and aspiring trader to have multiple sources of income, don't rely solely on trading. Not just for the sake of mitigating pressure but also for sanity. If you have a family to provide for, I don't know what that's like, you never know when Little Johnny is going to randomly pick up Trombone lessons for a school program/play while little Suzie needs transmission work in her car because a simple solenoid went out. $1,700 later.
"Why do you need so many monitors?"I use 3 for trading. The 4th is for music. The other 2 are useless while trading. That's for trading though. When I made the decision to go full time, I knew I was about to go off the chain with research. And sifting between spreadsheets, a platform to see multiple timeframes for a pattern to backtest. My attention span is short, I'll lose my train of thought before I open the other tab to input data. But the main reason was for research. It's such a time saver and is a headache repellant when doing research while everything is laid out in front of you. Now that I have a system. I'll most likely be treating myself to 2 ultrawides for Christmas.
As always, thank you to everybody who takes time out to message me and letting me know some people read these and show appreciation. I would say, "Good luck" but there is no luck in trading. Just statistics. Remember that! In conclusion: Yes. Full time trading is possible, depending where you live/monthly expenses and obligations. You're more likely to become a profitable trader than a professional athlete. There is a level of uncertainty each day, perhaps each week, doubtful each month, and definitely not each year. If I ever want a raise, I just consult my business plan and financials, then decide if I can handle it mentally. If you have medical issues, get a part time job for the benefits. If you're healthy, just be careful. All the best! -CJT2013
Biggest Casino in the United States: WinStar or Foxwoods? We should note here that Foxwoods Resort Casino bills itself as “The largest resort casino in North America.” The inclusion of the word “resort” makes this brag technically true, due to the massive size of the hotel and casino’s non-gaming space. Foxwoods has 2,200 hotel room whereas the WinStar has 1,400. Foxwoods also has ... Global Casino Revenue: Asia Pacific region accounted for the largest market share of 41% revenue in the global casino gaming market. North America occupied about 38% of the market share owing to the presence of one of the biggest and popular casino gaming destinations in Las Vegas. Asia Pacific region is also the fastest-growing casino gaming ... As of 2016, North America remained the biggest social casino market of all regions, reaching 1.7 billion U.S. dollars, followed by Asia and Europe. Across the U.S, U.K., and Australia, 37% of PC ... These biggest casino companies make up a great portion of that variety and are therefore something to be celebrated, no matter your choice. Share this article: Facebook Twitter LinkedIn. Tags assigned to this article: biggest casino brick and mortar casino powerful casino. No comments Write a comment . No Comments Yet! You can be first to comment this post! Write a Comment. Click here to ... America's 5 Biggest Casinos. Sep 23, 2017 • Ennis Davis. Guest post by Conall Bennett. When you think of U.S. casinos, your mind likely jumps to Las Vegas. Indeed, this is the primary gambling hub in the States, and really the casino capital of the world. Vegas undoubtedly has the most gaming activity packed into a single area, and some of the biggest and best casinos. But not all of the ... Recently, I think a casino in Macau took over the “biggest in the world” title belt and I recently passed a billboard for Foxwoods today that read, “Largest casino in North America.” The funny thing about that is, unlike Las Vegas, casino goers here can go back home to New York or Boston in just a couple hours, so the region hardly benefits. 10) Pechanga Resort and Casino – Temecula, California: 200,000 square feet of gaming space. 3,800 gaming machines. 20 Biggest Casinos in the United States. Below are the casinos that are just outside the top ten largest in the U.S., but still massive nonetheless. 11) Seminole Hard Rock Hotel & Casino Hollywood – Hollywood, Florida ... This statistic shows the largest casino companies by revenue worldwide in 2018. The extremely successful Las Vegas Sands Corporation, parent-company of famous Las Vegas casino-resorts, The ... What is the Biggest Casino in America? WinStar World Casino is located near the Oklahoma-Texas border and is currently the largest casino in the world, measuring at 519,000 feet of gambling space. Top No Deposit Bonuses. WinADay Casino . Slots.LV . Ignition Casino . The casino first opened in 2004 and was not a considerably large casino, but then expanded in 2009 to become the largest casino ... The casino made the news in January 2019 when a deer smashed through a window and knocked down an old woman. The last record of the deer was that it was confined, while "staff was waiting for ...
THE BEST CASINO DOWNTOWN LAS VEGAS? FREMONT STREET - YouTube
Download The Big Jackpot app for more content and our very own Slot Machine game! https://app.won.com/ Top 10 BIGGEST SLOT JACKPOT$ February 2019 🎰HUGE W... - An exclusive VIP room in the heart of Foxwoods exclusively offered by Authentic Gaming.- European Roulette is available to players online 24 hours per day.... American BisonBuffalo GoldWild Wild Nuggetand more! Thanks for Watching HUGE WINS! I PLAY EVERY QUICK HIT SLOT MACHINE IN THE CASINO! Winning W/ SDGuy1234! Like the video? Thumbs it up! Love the video? Leave a... Casino return 97% until 01.01.2021Links in the first comment!The best Deposit bonuses in December.Get €1000 BONUS + 125 Free Spinscasino, gambling, slot mach... THE BEST CASINOS IN LAS VEGAS!We walked across 4 countries and many many miles, to show you the best casinos here in Vegas. The Venetian, Paris, New York New... Las Vegas Vlog Day 3. What is the best casino downtown Las Vegas on Fremont Street? What are the top 3 casino / hotels ? My 3 fav at the moment are The D, Go... We had exciting moments at the Winstar CASINO, the America's Largest Casino. Enjoy!!#Casino. AboutPressCopyrightContact usCreatorsAdvertiseDevelopersTermsPrivacyPolicy & SafetyHow YouTube ... Link to my favourite casino: https://rebrand.ly/casino-1 This is the list of the biggest casinos in the world, from the 10th to the first. The other day, in ...