Koutsogeo

Trader, Investor and Crypto enthusiast

Insta: stavros_koutsogeo & stevex.trades

[Koutsogeo @KoutsogeoS]

@DylanElchami copy

[Ted Zhang @TedHZhang]

Hear Stan Druckenmiller @standuquesne reminiscence back on starting Duquesne at 28 years old with only $900,000 to start off with which eventually ended up at $12 billion by the time he retired.

[L2WTrades @L2WTrades]

Nobody actually cought on to this but:

the trading gurus aren’t the problem - the students are.

TJR, Romeo, all of them - they just figured out how to monetize the braindead.
they know marketing like the back of their hand.

you see their faces on your feed, swipe, laugh, see the cars, you are in love with their lifestyle… then you secretly click their link when your next eval account blows.

you’re not lost because of them - you’re lost because you want a shortcut more than you want skill.

you keep looking for that “one secret strategy”
the “risk management secret”
the “perfect entry confirmation”

but you’ll ignore the only real thing that matters: discipline - not being a 12 year old girl.

they sell you lifestyle because that’s all you can afford.
you’re not ready for execution, because you’re addicted to the lifestyle you don't live.

the truth?
If you bought something, you tought it was worth it.
you scammed yourself.
every bussiness model has a scammer who is the top creator.
because they perfected monetizing your stupidity.
because you worship the lifestyle.
you worship that guru.

most of you just scroll, buy. then repeat.
braindead loops chasing enlightenment.

trading’s not a scam.
you just keep chasing all of the wrong things.

[Steve Burns @SJosephBurns]

Jesse Livermore’s 41 Trading Rules:

[Chhirag Kedia @swing_ka_sultan]

QULLAMAGGIE’S TAX RETURNS FOR 2024

Came across a Reddit thread today claiming that in Sweden, tax filings, including salary and capital gains, are public. The thread updates @Qullamaggie’s returns year by year using this data.

I thought many on Fintwit would find it interesting, so sharing it here. Based on those numbers (and a quick calculation through ChatGPT), his portfolio now stands around $50M, down roughly 40% from his 2021 peak.

Interestingly, before 2020–21, his portfolio was estimated around $5–6M, which aligns closely with what @muninn had earlier projected.

This is not meant to downplay his achievements, rather the opposite. His system generates massive gains and deep drawdowns, and that is exactly how he turned $5K into $100M in under a decade, which is nothing short of legendary.

It is also natural to hit a ceiling once your base gets that large. Even in U.S. markets, sustaining that kind of compounding on $100M is near impossible.

Wishing the GOAT a strong comeback beyond the golden $100M mark once again.

https://t.co/wIMO8fVgmu

[Lance Breitstein 🇺🇸🌎 @TheOneLanceB]

THE REAL EXPLANATION OF WHY SO MANY CRYPTO TRADERS BLEW UP

I’ve been fascinated by the crypto saga and also people’s reactions to it. Many people try to rationalize the action and paint those involved as idiots or unskilled.

There is no better book to explain what occurred than Psychology of Money by @morganhousel

Most traders think blowups happened because of bad risk management or the leverage. Sure, but that’s only the first-level cause. Or if anything, it’s the symptom.

The real cause is psychology. Even the best traders build risk systems, but those systems can often fail when the mind that built them starts overriding them. Risk management fails because human nature takes over when money, ego, and the social media-fueled comparison enter the equation.

One notable crypto whale was on a race to $100M in profits. In anchoring to that arbitrary goal, much like I took my biggest less anchoring to an arbitrary goal, he proceeded to blew up over $60M.

Neither of us are idiots or unskilled. Psychology truly drives most lapses in decision making and the biggest losses of money, not a lack of intelligence or strategy (case study - read about the Long-Term Capital Management saga)

Morgan Housel wrote, “Financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know.” That single line explains why so many smart, experienced traders still blew up during the crypto boom.

As crypto has been on a year-long surge, Crypto Twitter became filled with traders posting seven-figure or even eight and nine-figure profits. Your friends, your community, and your social comparisons in that world started to get rich very quickly - especially the most levered ones!

When that happens, it triggers the most dangerous emotion of all… envy. As Housel says, “People don’t want to be rich, they want to be richer than their neighbors.” Social media makes that worse. Suddenly your “neighbors” weren’t just people you knew, they were anonymous avatars showing 100x gains and exotic cars. That comparison game normalized leverage and extreme risk.

Stories of traders turning $100k into $50m weren’t warnings, they became goals. Wallstreetbets does similar. But those traders do it with massive leverage, and now many of them are gone.

“The hardest financial skill is getting the goalpost to stop moving,” Housel wrote. In crypto, the goalposts were moved so far back that risk of ruin for many became an inevitability.

Nothing is more powerful than ego and status. Judging our own place in that world versus where others stand comes to replace self-worth. Especially in youth and those that are most financially vulnerable.

Friday’s collapse wasn’t manipulation. It wasn’t Trump’s fault. He was just the spark. It was an inevitability due to the amount of leverage built up in the system.

That leverage was the result of unchecked psychology multiplied by social contagion and leverage. “Wealth is built quietly and destroyed fast,” Housel wrote. And crypto proved it.

If you don’t master your psychology, no system will save you. Markets don’t punish ignorance as much as they punish emotional inconsistency.

If you haven’t read The Psychology of Money, it’s one of the most important books for traders to understand why behavior, not intelligence, determines survival. And Morgan Housel’s new book The Art of Spending is out now. I’m reading it and loving how it explores what to do once you finally master making money.

Stay safe this week everyone 🙏

[Koutsogeo @KoutsogeoS]

🚀 Just took my first trade on the @RaenTrading assessment.
Excited to show consistency, discipline & real edge.
One step closer to scaling capital.

[Koutsogeo @KoutsogeoS]

🚀 Just took my first trade on the @RaenTrading assessment.
Excited to show consistency, discipline & real edge.
One step closer to scaling capital.

[Jeppez @Jeppez420]

Just recently I discussed trading & exponential growth with few great traders. I questioned why there are not more traders that grow faster than me despite having a good enough edge. I truly think what separates good from great is (most often) what's described in this post...

[Koutsogeo @KoutsogeoS]

@JimCrypto9 Οπότε προσωπικά καταλήγω ότι μπορεί να διδαχθεί αλλά για να γίνεις all star και να βγάζεις τρομερά ποσοστά χρόνο με τον χρόνο για πολλά χρόνια θέλει και έμφυτο ταλέντο.
Και αυτό γιατί χρειάζεται αρετές που λιγοι μπορούν να τις αποκτήσουν και να τις διατηρήσουν μακροπρόθεσμα

[Koutsogeo @KoutsogeoS]

@JimCrypto9 Στο trading μπορεί να εκπαιδευτείς αλλά το ποσό επιτυχημένα θα το κάνεις και το τι ποσοστά και με τι consistency θα βγάζεις χρόνο με τον χρόνο εξαρτάται από τον άνθρωπο
Θέλει τρομερή υπομονή, τρομερή πειθαρχία και long term mindset.

[Saro Trades @SaroTrades]

Watch and apply if you haven't and if you've watched it, watch again and take notes:

1. https://t.co/BVJrqPQc3g
2. https://t.co/zK6Mu0SmYs
3. https://t.co/tP6SZdeylm
4. https://t.co/vQ5Pap27Sb
5. https://t.co/BKjqEzML23
6. https://t.co/DZwZ3MH3S8
7. https://t.co/aS9wiI6wtl

Not everything he says is absolute truth, but it's what works for him. Try to take the good stuff and apply it to your own models and psychology instead of copying him 100% and changing everything you're doing right now.
If what you do right now works, make it better, do not change it because of someone else's words.

[Koutsogeo @KoutsogeoS]

@DylanElchami Im in @DylanElchami

[juju 💰 @ayeejuju]

we need to ban AI before it’s too late

[Koutsogeo @KoutsogeoS]

Χρυσός νεο ΑΤΗ
Εσπασε το resistance στα 3050 και παει να βρει το 2ο fib level στα 3150

#crypto #xauusd #gold #tradingreece #daytrading #btc #foerextrading

[Koutsogeo @KoutsogeoS]

Καλημερα ο χρυσός έκανε ακριβώς οτι περιμέναμε να κάνει!!

#crypto #xauusd #gold #daytrading #forextrading #tradinggreece

[Koutsogeo @KoutsogeoS]

Οπως είπαμε και χθες, ο χρυσός ήθελε να κάνει breakout προς τα πάνω και βλέπουμε οτι το κάνει!!
Για να δουμε αν θα κρατήσει γιατι βρίσκεται και σε μγεαλο resistance!!!

#crypto #forextrading #daytrading #btc #xauusad #gold

[Koutsogeo @KoutsogeoS]

Οπως είπαμε και χθες, ο χρυσός ήθελε να κάνει breakout προς τα πάνω και βλέπουμε οτι το κάνει!!
Για να δουμε αν θα κρατήσει γιατι βρίσκεται και σε μγεαλο resistance!!!

#crypto #forextrading #daytrading #btc #xauusad #gold

[Koutsogeo @KoutsogeoS]

2 τα σενάρια για τον χρυσό
Αν σπάσουμε τα 3006 θα παμε για ην περιοχή 2985
Αν κάνουμε brekout την περιοχη 3030 θα έχουμε ανοδική πορεία

#crypto #daytrading #forextarding #xauusd #gold #bitcoin #Ethereum

[Analyzed Investing @analyzedinvest]

A hedge fund built by legends. Backed by two Nobel laureates.

After making $1.3 billion from 80 elite Investors.

They thought they cracked the code to endless wealth.

But they nearly took down the entire global economy.

Here's an insane story behind the wealth of LTCM.

[Koutsogeo @KoutsogeoS]

2 τα σενάρια για τον χρυσό
Αν σπάσουμε τα 3006 θα παμε για ην περιοχή 2985
Αν κάνουμε brekout την περιοχη 3030 θα έχουμε ανοδική πορεία

#crypto #daytrading #forextarding #xauusd #gold #bitcoin #Ethereum

[Koutsogeo @KoutsogeoS]

Καλημερα, ο χρυσός όπως είδαμε βρήκε αντίσταση στο 1ο fib για να δουμε αν θα το σπάσει απο πάνω ή αν θα κάνει μεγαλύτερο pullback

#xauusd #crypto #gold #bitcoin #btc #daytrading #forextrading