Tendies

Follow for real time leveraged trading setups.

To join my private discord, shoot me a DM.

[Tendies @CryptoTendies]

Your average trader - a short story.

You see a great setup forming that you've seen over and over again. You think to yourself, "here we go, this is going to be easy money". You size up because in your mind, there's no way this trade is going to be a loser. Price bounces directly off of the support you've been waiting to long. You think to yourself, "this is too easy".

Everything is going right, you PnL is immediately green with little to no resistance in price action. You think you're in the clear, you wipe the beads of sweat off your forehead.

You step away from your desk and sit on the couch. You immediately pull up TradingView on your phone because even though you stepped away from your desk, you can't help yourself but watch every tick because you sized up and you're stressing deep down. The bulls and bears start to fight.

Price action starts to look questionable with volume picking up. Your PnL goes from green to break even. You feel your anxiety start to spike. You start to get sweaty armpits and think about exiting your position even though price is still sitting where you originally entered your position. You jump up from the couch and go back to your desk. You're dialed in, eyes glued to your monitor. Stepping away from your desk is not an option anymore.

You contemplate cutting your position multiple times. All of the sudden, the market prints a fat red candle, immediately stopping out your high leveraged position.

Your body gets warm. You start to feel angry. You tell yourself "how the fuck did I lose that position. That setup has been working for months over and over again. Of course the one time I size up, it fucks me over! The market is rigged, it knew I was going to size up".

You look at what's unfolding in the market for a new position, looking to make it all back on the next trade. You quickly fire off another trade in the opposite direction and price quickly reclaims the support level and goes in the direction you originally guessed.

You just lost back-to-back trades because your head got hot. You step back because you can't take it anymore. You contemplate quitting trading and letting the market win. You don't think you're cut out for the job in the end.

Fast forward a day. You remember you just lost two trade back-to-back within a short time frame. You're afraid to enter a new position even when your system is flashing every signal to jump back in.

Does this sound like someone you know? I'll tell you this... you're not alone if you immediately thought "this is me".

Losing in trading is inevitable. The quicker you become a good loser, the better trader you will become. Develop a set of rules/system for when you enter a losing streak. Trading with a hot head will only get you in trouble.

The moral of the story is that there is no perfect setup. Every trader that participates in a free market becomes a variable you can't factor into your algorithm/equation so there's no use trying to. Manage the things you know and let the unknowns do their thing.

For all you know, a whale could be having a bad day and decide to market sell a fat stack, invalidating every reason why your trade setup "should" have worked out in your favor. That's okay, this is one of the unknowns you'll have to deal with your entire trading career.

The fix is simple on paper yet hard to materialize. Systemizing your trading will remove most of your emotions that impact your decision making and bias. The quicker you realize this, the better off you're going to be. It took me 3 years (albeit without a mentor) to figure this out and put it into practice. Even then, I'm still working out some kinks in my system. Some people get it quicker than others. Be grateful if you're one of those people.

Hopefully this resonates with someone out there. Just know you're not alone - trading is a journey. This isn't a get-rich-quick scheme as many might make it out to be. If you stick with it, you'll eventually get it and the rewards will be worth every minute of pain you've endured.

[Tendies @CryptoTendies]

@RapidResponse47 @DHSgov @Sec_Noem Oh yeah?

[XO @Trader_XO]

@trader1sz 🫡

[XO @Trader_XO]

@Tom__Capital Thanks Tom, appreciate you

[Gareth Soloway @GarethSoloway]

Microsoft $MSFT Azure cloud unit to lay off up to 1,500. Question is, are sales slowing down or is #AI taking jobs...Either way, likely not a good thing.

[Tendies @CryptoTendies]

@Crypto_Chase FOMO is a real killer for most PnLs. Letting the market come to your desired entry is tough but definitely the best approach, hence why most failed at doing it

[Tendies @CryptoTendies]

I've been cooking up a new strategy with lots of backtesting so I haven't been active in the real markets as of late. Putting it to the test starting this week in a simulation so if the results are good, I'll start sharing the strategy for free on here

[Tendies @CryptoTendies]

Tons of news coming out this week. Don't get swept up in the volatility

[Tendies @CryptoTendies]

Core CPI came in at expectations at a key inflection point. Bullish thesis holds

[Tendies @CryptoTendies]

$BTC

Showing some strength here. Looks like I might be wrong on the DOL being lower. If this 1D FVG holds, then bullish OF is being respected on the higher time frame meaning we'll likely pump higher.

[Tendies @CryptoTendies]

$BTC

Current thoughts are that the draw on liquidity on the daily is likely lower. After Asia loaded up, price is still failing to break the 12/21 MAs which are currently acting as resistance. If we break above, that'll make me lean more bullish but until then, exercising caution.

[Evan @StockMKTNewz]

U.S CORE CPI (MOM) (APR) ACTUAL: 0.3% IN LINE

U.S CORE CPI (YOY) (APR) ACTUAL: 3.6% IN LINE

U.S RETAIL SALES (MOM) (APR) ACTUAL: 0.0% BELOW EXPECTATIONS OF 0.4%

[Tendies @CryptoTendies]

Core PPI tomorrow and CPI on Wednesday. Should make for an interesting week considering inflation is sticking around/getting worse.

[Tendies @CryptoTendies]

$BTC

Current thoughts are that the draw on liquidity on the daily is likely lower. After Asia loaded up, price is still failing to break the 12/21 MAs which are currently acting as resistance. If we break above, that'll make me lean more bullish but until then, exercising caution.

[Tendies @CryptoTendies]

Most alts with practical use cases and working products are getting hammered but meme coins are pumping. What does that tell you about the current market condition?

[Tendies @CryptoTendies]

Pull back to $50k would be a blessing and ~30% correction from the highs which is typical is a larger market cycle. Plan you trade now and don’t hesitate to pull the trigger when (not if) we get there.

[Tendies @CryptoTendies]

Not bearish, not bullish. Just reiterating what the charts are saying

[Tendies @CryptoTendies]

Bearish engulfing candle? Yeah, we’re going lower. Time to hibernate for a couple weeks

[Tendies @CryptoTendies]

$BTC

Weekly close like this and I'm bullish again to new highs

[The Wolf Of All Streets @scottmelker]

I am old enough to remember when people said that people would only buy ETFs, never sell them, which meant supercycle and up only.

[Tendies @CryptoTendies]

Lol I can’t tell if he’s actually this stupid or not… it’s a meme coin.

[Ran Neuner @cryptomanran]

I think I'm being rugged by a memecoin team.... should I expose them?

[Tendies @CryptoTendies]

So..... anyone heed the warning signs?

[Tendies @CryptoTendies]

$BTC HTF analysis for the week:

Looks like price is currently in a bearish range having traded back into the premium of the range and displacing downwards with force after failing to displace to the upside. There's still a 1D FVG above which we could trade into but I'm leaning towards price heading to take out liquidity at 59.6k this week. Will have to see how price reacts at that level before turning bullish again.