Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story.
(0:00) Roger Ver Facing Extradition
(7:49) The Hijacking of Bitcoin
(12:18) How the Government Tracks Your Every Transaction
(26:26) Who Is Satoshi?
(27:13) Why Ver Chooses to Speak Out
(38:19) Ver’s Experience in a Spanish Prison
Includes paid partnerships.
So, the Samourai wallet guys have been arrested for developing privacy tech but the folks who rugged $33m earlier this week are still living the high life?!
Most of you are using way too tight of stop losses. I can tell by how much I get begged for "SL" and "invalidation pls". I'm being honest when I say it's truly not that deep or difficult.
If I'm trading S/R (OB w/e), the SL is past the OB PLUS a little extra room. If I'm trading an FVG, the SL is past the the gap candle's high/low (and sometimes even past the first candle in the sequence) PLUS some extra room. If I'm trading a fib retrace, the SL is past the 618/705 PLUS some extra room. This EXTRA ROOM I'm talking about is critical btw.
Ask yourself how many times you've been correct about the direction of the market, but you get wicked out before it goes in your favor. There IS randomness to these markets and you have to account for that. There's a degen on Bybit right now ready to market short the low or buy the top on giga lev and it moves price just enough past the S/R level to stop you out. You can use an "index" stop to combat this rather than "last", but that's another story and has downsides as well (extra loss typically when truly invalidated as perps frontrun).
You can apply the same thought process to entries and take profits as well. Way too many on here thinking they can snipe every entry and take profit at pico tops/bottoms. This is a recipe for missed entries and round trips.
In my opinion, you're likely to find so much more success taking the 1.5R trade rather than the 5R trade, especially early on in your career. It also creates a positive feedback loop as you should be able to achieve a much higher win rate with 1-2R vs. 4-6R trades. And I'm not here to say 4-6R is bad, every few trades I usually have a 3 or 4R thrown in, but they're typically more technical setups and I have clear expectations that need to be met around local levels.
TLDR, loosen up your stops. If you're bullish $BTC at 70K, give it a damn chance. Don't get stopped at 69.5K then watch it rip without you because you needed 4R when you coulda just took 2R. Add some size if this means your trades will be open longer / you'll be trading less.
Note: This advice is intended for newer traders. If you've been trading for 5+ years and have a system that focuses on 4-5R, all the power to you, I'm not saying what you do is wrong. I've personally found my sweet spot in crypto in the 1-3R area for swing trades. For $ES where I focus more on LTF, it's more like 2-4R because I think it offers more mechanical price action, clearer setups/invals, etc). Anyways, hope this was helpful.
The #Serbian ambulance in the north of #Kosovo carries #weapons on the day when an election building in Mitrovica was bombed. The video also shows the members of #CivilnaZastita, led by the now-detained prisoner known as Lune. @aliciakearns