I Changed My Opinion

One of the strangest obsessions in our world is how we romanticize people who never change their opinion.

It’s seen as noble, even heroic.

You see it in politics all the time — “he’s consistent,” they say, as if consistency alone equals wisdom.

But consistency without evolution isn’t strength, it’s stagnation.

If new data doesn’t shift your view, you’re probably spending more time defending than thinking.

And that’s Ego.

Jay-Z put it best:

“Sorry, mama, I promised it wouldn’t change me.
But I would’ve went insane had I remained the same me.”

Staying the same over time isn’t noble. It’s insanity.

In markets, this shows up every day.

People anchor themselves to old opinions while the tape moves on without them.

They worship conviction when they should be worshiping adaptability.

The truth is, your opinion should change, just not for ANY reason.

It should change when price tells you to.

That’s why we build a repeatable process around price action. 

When you evaluate the same data the same way over time, you can see clearly when that data changes.

There will always be some nuance and subjectivity, but most of the time, you’re anchored to your rules, not your ego.

That way, when ego inevitably shows up, the process puts it back in its place.

Price is the great equalizer.

It doesn’t care what you think, how smart you sound, or how long you’ve been right.

It simply reflects truth in motion.

Tomorrow at 5PM EST, I’ll dive into this exact idea.

When to change your opinion in a bull market, and how to know whether to pivot early or wait for confirmation.

I’ll walk through the key levels that matter right now and the frameworks that separate the dogmatic traders from the adaptive ones.

Because refusing to change your mind isn’t conviction.

It’s comfort. And comfort is where portfolios go to die.

Anyways, that’s my two cents.

Thompson's Two Cents Live!

Friday 5pm EST

Set a reminder, catch it live, or watch the replay on YouTube.