I think one of the most useful heuristics from poker thatโs transferrable to trading is the principle that yes, he can just always have it
>oh surely heโs bluffing this time
>>nope, coolered again
Sometimes market moves in one direction for a while and maybe you keep betting against it, convinced that surely it has to turn around this time, that you were just a little bit too early
>>>nope, it can always keep going
Everything in poker and trading seems to just converge into bankroll management at some point
If you could press a button that had a 50% chance of giving you $1,000,000 or disintegrating a crying baby in the airport how many times would you press the button
Kind of annoying that posting a quote on quote good photo on the internet has boiled down to mostly who can edit the best or the most uniquely
I guess the only actual moat is having an interesting story behind the photos
Unfortunately this requires talking to people, or what they used to call journalism
Probably just a skill issue
So I recently badgered my cinematographer @steveyedlin into making my ideal iPhone still camera app. It shoots RAW, bypasses the iPhone's look processing and instead uses the same image processing we use on our movies. https://t.co/makZzhFd2Q
above 81k is promising, below 79k is very bad
longer price compresses in this range, the more violent the next move is likely to be
theoretically quite powerful that BTC refuses to move lower with recent FUD
a 7 year old could probably provide the necessary analysis here
Family sitting in lounge
Mom wearing RM
Son wearing nautilus - and chrome hearts of course
Daughter kitted out with Chanel
Both kids just doomscrolling nonstop
Wonder if the little computers in their hands will disrupt the economic livelihood of their lineage