Cred @CryptoCred

Always trader, often shitposter, sometimes educator. @breakoutprop youtube.com/@TechnicalRoun… London Joined August 2017

Tweets

27K
Followers

618K
Following

1K
Likes

98K

Cred @CryptoCred

5 days ago

Funding rates are a hot topic again I wrote a detailed article about funding, open interest, liquidations, and CVD a few months ago I think it's a decent piece medium.com/@cryptocreddy/…

77 214 1K 192K 1K

Trading should be boring. You should know what you're looking for, how to execute the idea, and how to manage it. The majority of the time is spent waiting - doing nothing when there's no trade, and doing very little whilst letting the trade play out in most cases. If you have…

134 379 2K 211K 1K

Cred @CryptoCred

2 weeks ago

Hindsight risk management post Vacuous trading psychology post Vague bullpost about surviving before real bull run Hindsight did you buy the dip post on green day Queue 'em up

97 108 1K 83K 29

Cred @CryptoCred

2 weeks ago

Maybe it’s the fever speaking, but am I an idiot for not doing ‘KOL’ angel rounds? My reasoning is some combination of: 1. I’m probably not smart or experienced enough to materially add value in any technical way. 2. Projects that have a large or predominantly KOL investor…

133 56 674 194K 96

Cred @CryptoCred

3 weeks ago

How most of us will lose money: Comfy portfolio ATH Buy yet another breakout (why not, it has worked every time) Breakout fails, you’re down 10% Whatever, buy the higher low No higher low, range breaks down Down 40%, Europeans are posting Tetris charts again

123 126 1K 146K 171

Cred @CryptoCred

3 weeks ago

Good breakout trades: 1. Trade the breakout as early as possible. Add most/all of your size as close to the breakout as you can. Maximises proximity to invalidation and you’ll know if you’re wrong quickly. 2. Trade the mini/LTF consolidation after the breakout. Add most/all…

87 109 795 101K 576

Cred @CryptoCred

4 weeks ago

Volatility. Your open positions disappear before your very eyes. You avoid looking at your fill prices. Checking your new, reduced account balance is a non-starter. You feel like you should trade, but can’t bring yourself to risk another loss. The defeat is all too recent.…

154 160 2K 140K 126

Cred @CryptoCred

4 weeks ago

The silent trading ‘losses’ Undersizing winners Oversizing losers Partial fills Missed trades Pulling orders Closing early Closing break even Closing before the move Rotating from strong to weak Trading isn’t always sexy

67 140 1K 70K 207

Download Image

Cred @CryptoCred

a month ago

GM Remember to get bored & complacent during low volatility Only to complain about how the market is moving too quickly during high volatility & that you're waiting for a pullback As a result, you'll be consistently frustrated in all market conditions at your inaction 🌞

156 74 980 64K 82

Cred @CryptoCred

a month ago

You will not make serious money only ever betting 0.5%-2% per trade Most trades are equity curve noise If you want to make a dent, you need to swing for the fences when there's a great opportunity Risk management isn't what makes money - it keeps you alive between big winners

195 300 3K 262K 564

Cred @CryptoCred

a month ago

The opportunity cost of learning to trade (vs deploying) in a bull market is too high. Bear markets teach bad lessons & give you 'PTSD' (low risk appetite, inability to hold, distrust of breakouts/trends). That's why it usually takes at least 1 full cycle to gain competence.

99 122 1K 81K 147

Cred @CryptoCred

a month ago

Narratives are mostly made up. They're usually some combination of: 1. Groups of speculators buying something early and talking their book 2. Outlier price performance in an asset/group, narrative gets attached after the fact to 'explain' price action Don't drown in fake FA.

106 132 1K 164K 181

Cred @CryptoCred

a month ago

$BTC

224 455 4K 329K 304

Download Image

Cred @CryptoCred

a month ago

71 58 686 46K 19

Download Image

Cred @CryptoCred

2 months ago

A few common mistakes in these conditions: 1. Excessive leverage. Specifically, introducing liquidation risk in assets that are regularly moving 10%-20%+ in a day. Let the volatility do the heavy lifting, not the leverage (or specifically, massively inflated position sizes…

245 590 3K 329K 2K

Cred @CryptoCred

2 months ago

Always use leverage. Use it everywhere - no exceptions. Funding is high, but I’m getting 5:1 in the shower. Study capital efficiency.

123 87 2K 129K 42

Download Image

Cred @CryptoCred

6 months ago

On Adjusting to Trending Conditions Some qualifiers before the main content: 1. There's never a good time to post this stuff. People love to infer that any post is some form of market commentary or hidden directional 'signal'. It is not, just take it for what it is. 2. There…

238 493 2K 351K 2K

Cred @CryptoCred

2 months ago

First cycle participants make money because they're open-minded, optimistic, and think "What if I'm right?" instead of "What if I'm wrong?" They lose most of their gains for the same reasons Navigating cycles requires switching between childlike idealism and sagely cynicism

82 211 2K 106K 235

Cred @CryptoCred

2 months ago

I look forward to the hindsight posts that will populate my feed in the near future

61 132 1K 79K 67

Download Image

Cred @CryptoCred

2 months ago

Avoid the extremes: being all-in or having 0 crypto If you're all-in and the market dips, you can't take advantage of great entries If you have 0 crypto and the market rips, it'll start messing with your mind and you might become European Even 1-5% cash/crypto (from 0%) helps