Of course traders start philosophically posting life wisdom after a year or two in the game.
It’s right about the time when you start to realize that your trading mistakes are usually reflections of your flaws as a person.
Greedy, hot-headed, or impatient as a person? Good…
For many weeks now, I have warned that the path that crypto is taking will result in a Bear Market. It might take 5 weeks, 50 weeks, or 100 weeks but it is inevitable. Bitcoin could have repeatedly resolved these issues peacefully but it refuses to auto-correct from its path of…
Here’s a little explanation for why correlation isn’t static in magnitude or even direction. Firstly, price rules all, you interpret things through lens of price. I develop multiple theses and the one price agrees with is ‘true’. Accepted= truth for the market.
found a dude who is running millions and millions of backtests on microcap sol shitters.
pardon the analogy, but some of you are trying to fill the bathtub by jerking off into it, rather than running the tap.
Ironically the people best prepared for the next leg upwards are the same people that were able to recognize the downtrends last week.
is it clicking yet?
Trading is like surfing.
You ride the wave > you crash as it crashes > you sit on the beach as there are no waves. Repeat.
you simply sell it all when the marginal buyers are the mega funds
they’re usually the last to ape and they’ll do it with enough size to be exit liquidity for everyone else
you simply sell it all when the marginal buyers are the mega funds
they’re usually the last to ape and they’ll do it with enough size to be exit liquidity for everyone else
pretty good chance we just do absolutely nothing for several months. study avg time to return to trending markets post 50% drawdowns on alts.
equities just trended for 101 days, consolidating/downward chop for another 60-70 from here is nothing but typical business
pretty good chance we just do absolutely nothing for several months. study avg time to return to trending markets post 50% drawdowns on alts.
equities just trended for 101 days, consolidating/downward chop for another 60-70 from here is nothing but typical business
I don’t understand this obsession over “how long the cycle is”, seems to be only for people who have this fetish about selling the pico top of their bottom buys.
There’s extremely few tokens that are worthy of holding the full cycle, so who cares?
This market has been running…
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