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FM-1

FM-1

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contact: jrenouf@freemarket1.com

About FreeMarket1(FM-1)

About Free Market 1

Inspired by mapelstory. funny thing is i really do think my time in the game keeps popping up as i progress through my professional life. Grinding for xp is pretty much working, and doing the same shit every day to get better and smarter. (doing things daily without this motive is what triggers depression and lack of growth).

Party/Guild raids for socializing. Level competition during 2x events for friendly competition. NX Cash for Hair Styling, character dressing and fashion for perception.

One of the main things that stuck with me is how much I loved to spend time in the free market, specifically henesys, and make my own money. In the game, you could get rich either by spending real $ or “merching” which is essentially buying things cheap from noobs/ppl urgent for meso and selling at a higher markup. There were even concepts of opening up your own shop and selling in bulk, so that people who wanted bulk quantities can just regularly visit the shop and pay a slightly higher market cost but at their convenience. Real marketplace. Real supply and demand. And that’s how I view the stock market. It’s essentially the real life free market. Other than the taxes. Except in this real world, if you already are rich, you don’t need to know how the world works, so no need to merch. The beauty of the market is that it is the epitome of human psychology and the desire for financial success, which is kind of sad and telling about the sad conditions of human priorities.

About me

poor broke asian kid trying to achieve the goal of early retirement and financial freedom. proof you can you truly make it to the top from the bottom with nothing, not even the insane luck and genius innate IQ. just sheer trial and error, detemrination and never ending goal to learn more about the markets. There’s new information every day. Gen Z, born late 90’s. Korean born, raised in OC Socal, and travelling around for work currently.

Trading Style

Resources Used

ServiceMonthly Cost ($)Used for?General Notes
Trading View (Premium)45Webhooks automation, Pine script
IBKR Data Subscriptions20.82Live Market Flow Data for Price Action AnalysisSubscription Breakdown:
US Equity and Options $4.50/month
NASDAQ Global Index Data Service $3.50/month
US Securities Snapshot and Futures Value Bundle: $10/month
US Mutual Funds: Free
CME Event Contracts: Free
ZEROHASH Cryptocurrency: Free
Eurex Core: Free
Alternative European Equities: Free
Hang Seng Indices: HKD22.10/month
Hong Kong Derivatives: Free
Hong Kong Securities Exchange: Free
IDEALPRO FX: Free
US and EU Bond Quotes: Free
Intuit QuickBooks20Accounting
Trade LogTrade History, Taxes

FAQ

Honestly nobody asked FAQ yet cus this website has no traffic but just in case.

  1. what’s this website for?
  2. What’s your P/L?
    • Include Time weighted and money weighted
  3. Whats your overall goal and motive?
    • Learn and self teach my way to financial freedom in this field
  4. Trading Style?
    • In today’s world, it’s impossible to compete with algorithms, hedge funds, financial analysts on wall street. They will always have a better way to ingest new live data, news, public sentiment, prediction odds, everything faster than you can.
    • The only edge you have is more freedom on time and size of the trade. You can rebalance whenever, hedge funds cant.
    • Use Psychology and public sentiment and timing of news and FUD and timing of price action on certain stocks you’re watching if it’s over or underextended a critical level.
    • Golden Rule: It is much easier to predict how humans will react to news and data based on sentiment than predicting stock direction purely based off technical analysis. Technical analysis is just a precursor or “symptom” of the psychology deeply embedded in the price action of the market.
  5. Trading Golden Tips?
    • You are not even a drop in the bucket to the market price action. You are irrelevant and doesnt matter if you’re wrong and your balls say hold. Market will continue to move in the overall monthly structure.
      • Long term Monthly chart structures is the ultimate guidance on determining chart structure, trend. Months of chop or consolidation on the monthly looks calm and normal, while during those months, on the daily and weekly you see extreme volatility and price fluctuations. Time trend on the charts matter greatly.

Top Investor Quotes (Include a Page/Link with the information below)

  • “What goes straight up, comes straight down”
    • True for momentum stocks. Use for positioning.
  • “Risk Management”
  • “Don’t buy shares on a company you know nothing about the business”
    • For any long term shares, essentially if you don’t know the company’s financials, MOAT, and future outlook and growth, you are praying blindly in the stock’s growth, no matter how safe it is.
  • “I’d rather buy an excellent stock at fair valuation than a decent stock at cheap valuation. If you buy a stock like Apple at $50 and for the next 10 years it trades between 30-40, you have an excellent company for shares, but it’s a horrible investment.” – Warren Buffett
    • Timing the market and position sizing is the most important fundamental factor of investing, trading, and risk management.
    • Ironically, people say “time in the market” is what trumps all. Which is true. Compounding is the ONLY true method of generational wealth building for any typical retail investor.
  • “—-” – Howard Marks, Source: his book

Top 5 Investing Rules (Include a link)

  1. When you see coworkers, barbers, ubers, friends talking the same rhetoric as the FUD the mainstream media spits out (left/right does matter but wont go too deep), the opposite will likely happen.
    • Example: During the US-Iran War in 2026, I was in Chicago for a business trip, and the uber driver said World War 3 is coming. Iran will win the war, and the crisis happening now is just the beginning. It will last for days on end and go on forever. End of the world prophesied, and todays generation focuses too much on the quick flexing of wealth and quick gratification of pleasure. A month later, NVDA has now hit new ATH in April 27, 2026.
    • Example: News FUD about US going to lose the war due to extreme cost difference between drones vs Patriot/THAAD missiles. A month later, Iran announces opening of Strait of Hormuz and market is back at all time highs 4/27/26. Then they reclosed it, and the market is still at all time highs. No.. US is not losing the war.

Top 5 Trading Rules (Include a Link)

  1. Time the narrative using price action.
    • One of the most fundamental trading, but fundamental for a reason. Based on current live events, assess the public sentiment and narrative shaping based on social media, mainstream news, irl, etc and assess volume in price action.
    • Example Post (insert link here): Lockheed Martin ($LMT). (Include a post and post all the trade thesis ideas below in there).
      • During FUD of America heading towards recession during early 2026 when iran-us war started, and tensions increasing about boots on ground, and trump also announcing increased spending on LMT and army; LMT hit all time highs. Went from crazy lows of $450 to $610. This rally was during this time period. As war news continued to flow, my opinion was that escalation was likely over, and easing will start which would rally the market. But this would also kill the momentum LMT and other defense stocks had. LMT was targeted because it was a stock honestly i bought at $450 to hold long term but after seeing it go up 40% in a month, I took the profit. It also had lots of momentum with recent highs. Easing news started coming out. It hit my first target of $580 where i took my LMT Puts profit at 60%, but did not expect a full send down to the 200MA on the daily. This is a classic reminder of the saying “What goes straight up, comes straight down” .

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