One scenario I'm watching on BTC CME Futures: A fakeout above the $80K level.
Why would this happen?
1. It traps retail into thinking a new uptrend is starting β money flows in on the breakout
2. It closes the CME gap sitting above, which the market loves to fill
Once both are done, price reverses and takes all that fresh money with it.
This doesn't mean it will happen β it's a scenario, not a prediction. But it's one worth being aware of because if you're not prepared for it, you become the liquidity.
Chart attached. Eyes open.
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Christian is a fellow @USICOfficial top 10 finisher. I value his craft and journey quite a bit.
His story is very familiar to me, and to anyone serious about trading and investing.
Bottom line: getting stopped out is a non-negotiable risk management tool. Sometimes it costs you the opportunity you were already riding. That's the price of staying in the game.
Risk management is rule #1 of our philosophy.
Bought and added 2x to EVC, stopped out today. Above my entry price now.
Tried RXT 3x yesterday, stopped out all 3x. Up 60% today.
Bought INTC on the gap to 85. Stopped out same day.
Bought NBIS around 140. Couldn't hold above 21ema. Exited. Took my eyes off it watching something else. Rallies to 190 in 4 days.
Bought FLY on the earnings gap on 3/20. My buy stop triggers around $25.50, I see the price start going vertical. I can't cancel the order in time. $1.30 of slippage on 50k shares, 20 cents of slippage on the same day stop out. I watch it go to $45 over the next few weeks without me.
Bought CRWV above the HVE day on 4/13. Rallies 18%, pulls back to entry. Takes out LOD and stops me out by 80 cents. Rallies 31% straight up over the next 6 days.
Everyone who trades goes through this. I've lost 75% of my trades this year and most of them go like that. Stop out, round trip, etc. There's no secret, there's no magic. Just execution. Trusting the few winners will be enough to make up for all the losers.
One scenario I'm watching on BTC CME Futures: A fakeout above the $80K level.
Why would this happen?
1. It traps retail into thinking a new uptrend is starting β money flows in on the breakout
2. It closes the CME gap sitting above, which the market loves to fill
Once both are done, price reverses and takes all that fresh money with it.
This doesn't mean it will happen β it's a scenario, not a prediction. But it's one worth being aware of because if you're not prepared for it, you become the liquidity.
Chart attached. Eyes open.
One scenario I'm watching on BTC CME Futures: A fakeout above the $80K level.
Why would this happen?
1. It traps retail into thinking a new uptrend is starting β money flows in on the breakout
2. It closes the CME gap sitting above, which the market loves to fill
Once both are done, price reverses and takes all that fresh money with it.
This doesn't mean it will happen β it's a scenario, not a prediction. But it's one worth being aware of because if you're not prepared for it, you become the liquidity.
Chart attached. Eyes open.