Neurotic blend of hopeless investor and pixels enthusiast║Macro rates trader║All views, interests and opinions are my own, NFA
Joined April 2020
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Winvest 🐧 retweeted
If you can get liquidity, holding something is ~functionally equivalent to buying it at that price of liquidity, because the position is your opportunity cost of not being in something else.
Prices go up:
You had 5 months of consolidation, imminent breakout was so clear. You didn’t buy?
Prices go down:
You had 5 months of top formation and failed breakouts. You didn’t sell?
After a couple months of failing to breakout, and so we entered stage 3. Honestly I think this wouldn’t be long. Maybe a month?
Still in bull tho, price pumps here are usually strong and fast, but gotta remember to TP
Not willing to admit this but system says we’re in stage 2. We’ve been getting legit positive developments (eth etf, daily inflow, POTUS candidates racing to legitimize brypto), but prices fail to follow through. Remember we used to pump off shit tier catalysts?
To succeed in trading, you must trade the easy mode and ride the comet ☄️ . So what is easy mode?
A lot of these are self explanatory but I admit it actually took me time to internalize it properly.
Goes without saying, when news and price action are in line that’s the dominant regime and the meatiest trade to be done. Easy mode, period.
That’s not enough for us degens innit. How about being early to a regime and avoiding drawdowns in late regime.
1) Bear news, bull price - early bull
2) Bull news, flat price - late bull
3) Bull news, bear price - early bear
4) Bear news, flat price - late bear
It’s really that simple.
Study the Mandelbrot Set
Narrative often follows price action.
If US Treasury yields come off highs and equities pull back to 4800s, recession narrative will dominate again even without weaker data prints.
A visual representation
@EmperorBTC
*Ignore the timeframe on the chart
People claiming retail is not here yet, and truly believe in it. ☠️
At this point, anybody who wants to get in are in and those who hasn’t, likely never will.
How bout you buy gold or SPX with the thesis “CT is not all in on these yet”
To succeed in trading, you must trade the easy mode and ride the comet ☄️ . So what is easy mode?
A lot of these are self explanatory but I admit it actually took me time to internalize it properly.
Goes without saying, when news and price action are in line that’s the dominant regime and the meatiest trade to be done. Easy mode, period.
That’s not enough for us degens innit. How about being early to a regime and avoiding drawdowns in late regime.
1) Bear news, bull price - early bull
2) Bull news, flat price - late bull
3) Bull news, bear price - early bear
4) Bear news, flat price - late bear
It’s really that simple.
Study the Mandelbrot Set