Gather 'round my old GPU rigs still $mining scrypt for warmth, ye rekt, ye lambobois, ye $crypto-professionals-on-the-rabbithole's-precipice and ye curious-but-too-busy-doing-real-development-work-to-knowers. I shall regale unto yallz the origin story of our hero smolting (wassie, verse).

//THREAD Let's talk fees. One of the common phrases on CT is that "fees kill your gains" Most humans are visual learners and the ones who aren't usually need some sort of proof to back up a statement for them to believe it. Normally no data is presented. Time to change that

I have ~6hrs worth of educational content covering various things from psychology, TA, directional bias throughout the year, searching for setups, and everything in-between. Made a playlist for all the homies grinding during the bear market🤝 Cheers🖤 youtube.com/playlist?list=…

Why your NARRATIVE is STUPID: I'm a firm believer that narratives behind price movements are just part of human nature. Our innate desire to have an explanation for things can be seen frequently in markets. The reality is; the reasoning is almost always more convoluted beneath

[Pinned] I've updated my list of trading resources. It's now organised into different categories with additional content. All free, built over the last 7+ years: docs.google.com/document/d/15c…

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There are lots of people who have been in crypto since my time (early 2017) that basically haven’t made any money You just don’t hear about them because dead bodies don’t talk You need to assume that you’re an impulsive idiot who will round trip most of your money So hedge

“If only I went all-in [trade] and held I would have [PnL].” Stop. 1. You didn’t. 2. You would’ve found 100 ways to fuck it up even if you did. Torturing yourself with counterfactual PnL fantasies is not productive. Reflect on your process and then clear your mind so you

The price is the price Your job is to determine whether it’s above or below fair value when you’re looking for a trade in that moment Tons of people missed out on $BTC because they didn’t buy when it was cheaper years ago and so the ‘new’ price felt ‘expensive’ Expensive

my advice for anyone having a tough time in the market right now: > cure causes, don't treat symptoms. often times it's not our most recent action that ruins us, it's the inability to have accepted the action (or inaction) prior to that. example: > "I will buy when this

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Lads there's a ton of value in knowing what your setup looks like when it gets rekt If you're a momentum trader, prepare to buy the top/sell the bottom If you're a trend trader, prepare to get chopped up and have a bunch of false starts If you're a mean reversion trader,

Probably one of the most severe flushes I’ve ever seen on alts, I didn’t even imagine alts had this much leverage in them. It feels like someone got hit very hard and will see a large body float to the surface soon, reminds me a little of summer 2021. Good reminder to myself to

Lot of crypto folks asking me "What happened?"... It's probably time to dust off the Taleb book 'Antifragile'. The amount of Open Interest that has been taken off in one day is unreal. 15B -> 6B on hyperliquid alone, the real total number must be insane! People always want a

Also again - something I wrote several months ago around such events... traderxo.com/p/volatility-s…

Trading gets a lot easier when you stop comparing your returns to other people's theoretical returns. All that matters is if you have edge, if you're realizing profit and taking it off exchange. You have to be honest with yourself, regarding edge, there may be periods of time

Often see traders showcasing impressive PnL figures, and while that’s great to see, the sustainability behind those numbers is what really matters. If the path to those returns comes with wild equity swings or deep drawdowns, it’s only a matter of time before a few large losses

“CT doesn’t want to hear about getting rich in a decade” maybe some want to hear it now. you need to find a way to achieve longevity in markets. because, whilst opportunities are abundant, they are not equal. “there are decades where nothing happens, and there are weeks where

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Rare trading tip since people are asking for shorting advice on momentum assets: - Isolate your positions into separate accounts, or isolated margin. You can theoretically have infinite loss shorting so you never want to cross your entire portfolio balance. - DCA into your