The ACID Capitalist Podcast Acid Breath Market Wizards 3rd October
Oct 4, 2025
Dive into macro trading wisdom as Hugh explores how quirky market dynamics unfold during a government shutdown. He highlights the potential of pharmaceutical stocks primed for takeoff, while emphasizing the importance of discipline in trading. Fear is discussed as a unique edge, drawing lessons from seasoned traders like Trader Vic and Michael Marcus, who advocate for learning from mistakes. With insights on the balance of price psychology and trading rules, this episode is a treasure trove for anyone looking to sharpen their market edge.
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Pharma Charts Poised To Break Out
- Hugh Hendry sees pharma charts as primed for breakout after long listless years and sector rotation could sustain market highs.
- He notes AI and rate-cut expectations as catalysts that can flip long-standing ceilings into new floors.
Use Physical Routines To Sharpen Discipline
- Run routines to build trader discipline and maintain mental clarity during volatile markets.
- Hendry runs five kilometres twice weekly to structure his week and sharpen decision-making.
Silence Forces Price-First Trading
- Missing official data due to a shutdown forces markets to trade on price and private signals rather than headlines.
- Silence from economic releases becomes a test of reading price action and process over prophecy.
