Shitcoin Hunter (rtrd/acc)

Just a humble Shitcoin Hunter.

[Cred @CryptoCred]

If you trade trend, you'll get a bunch of false starts

If you trade momentum, you'll often buy the top/sell the bottom

If you trade mean reversion, you'll periodically get carried out by an outsized move

And so on for basically every trading system

This is the cost of doing business that's embedded into every market effect you're monetising

Your job is to understand it and manage it

If you try to avoid it entirely you simply won't get paid

There's no perfect system, it's all about managing trade-offs

Go take a look at your setups/playbook or wherever your trading system lives and map its assumptions and failure cases

The stuff you wanna avoid:

1. Mutating your system because the risk feels uncomfy so you get the worst of both worlds e.g. not holding for long trends/outsized moves but still eating the false starts when you're wrong (all the downside, no balls for the upside)

2. Not knowing what the trade-offs are and sizing like a dickhead so when you're wrong it wipes out all your gains e.g. penny collecting on mean reversion with increasing size and then getting fully wiped on the outsized move

[smolting (wassie, verse) @inversebrah]

.

[Cobie @cobie]

@wheresrare you dont quit playing the game you enjoy because you got a high score

[Evan @StockMKTNewz]

JUST IN:

Stanley Druckenmiller just updated his portfolio

This is everything Duquesne Family and Stanley Druckenmiller owned as of the end of Q1

Natera $NTRA: $576.7M
Taiwan Semiconductor $TSM: $201.2M
STMicroelectronics $STM: $161.1M
YPF Sociedad Anonima $YPF: $142.0M
Insmed $INSM: $126.3M
Brazil ETF $EWZ: $124.6M
BBB Foods $TBBB: $113.6M
NewAmsterdam Pharma $NAMS: $109.2M
Sea Limited $SE: $96.8M
Roku $ROKU: $93.2M
Alcoa $AA: $92.9M
Broadcom $AVGO: $83.7M
Teva Pharmaceutical $TEVA: $82.1M
Woodward $WWD: $73.6M
Sandisk $SNDK: $54.1M
Figure Technology $FIGR: $51.2M
Revolution Medicines $RVMD: $46.0M
Intel $INTC: $44.9M
Coupang $CPNG: $43.5M
Humana $HUM: $42.1M
Seagate $STX: $40.6M
CRH $CRH: $39.0M
Lattice Semiconductor $LSCC: $39.0M
Bloom Energy $BE: $38.6M
Option Care Health $OPCH: $36.5M
Twilio $TWLO: $36.0M
Restaurant Brands $QSR: $34.6M
Global X MSCI Argentina ETF $ARGT: $33.7M
Jabil $JBL: $28.2M
Caris Life Sciences $CAI: $28.1M
Wabtec $WAB: $25.0M
United Airlines $UAL: $24.6M
Cleveland-Cliffs $CLF: $23.8M
Arm Holdings $ARM: $22.5M
iShares GSCI Commodity $GSG: $22.0M
Southern Copper $SCCO: $21.7M
Linde $LIN: $20.9M
Unity Software $U: $20.4M
Nuvation Bio $NUVB: $20.1M
Qnity Electronics $Q: $19.8M
Micron Technology $MU: $17.2M
Protagonist Therapeutics $PTGX: $16.4M
Coherent $COHR: $15.8M
Belite Bio $BLTE: $15.2M
Olema Pharmaceuticals $OLMA: $13.4M
Xenon Pharmaceuticals $XENE: $13.0M
ADMA Biologics $ADMA: $12.8M
StubHub Holdings $STUB: $12.2M
PureCycle Technologies $PCT: $12.1M
Amazon $AMZN: $12.1M
Celestica CLS: $12.0M
Daktronics DAKT: $10.7M
Cloudflare NET: $10.4M
Twist Bioscience TWST: $10.1M
LyondellBasell LYB: $9.9M
Vista Energy VIST: $9.8M
JBS JBS: $8.9M
EchoStar SATS: $8.3M
Almonty Industries ALM: $8.2M
DBV Technologies DBVT: $7.5M
Lumentum LITE: $6.8M
Solstice Advanced Materials SOLS: $5.3M
MercadoLibre MELI: $4.3M
Westlake WLK: $1.9M
Wave Life Sciences WVE: $1.2M

[Not Jerome Powell @alifarhat79]

Who did this? Lmao

[Luke Gromen @LukeGromen]

Look at how much US AI supercomputer cluster capacity was planned for/installed in UAE and Saudi

Have not seen any strategists discuss yet what this means for US v. China AI race

Seems important. Thoughts?

[Paulo Macro @PauloMacro]

No tanker captains right now:

[Paulo Macro @PauloMacro]

Just remember: nothing ever happens

[Magoo PhD @HodlMagoo]

Remember the M2 correlation morons?

[Reuters @Reuters]

Blue Owl Capital imposed permanent withdrawal limits on a retail debt fund, but Laura Cooper from Nuveen dismissed concerns and said private credit is solidifying its role as a ‘core institutional portfolio holding’

[Rhino @lBattleRhino]

The level of cope theses is insane, just admit you have been wrong for months

[Citrini @citrini]

I have decided diversification is a fools errand and now will be allocated as follows:

50% Copper Miners
50% Korea

Thank you for your attention to this matter.

[Shitcoin Hunter (rtrd/acc) @ShitcoinHunter]

@deltaxbt

[jez (equity perps era) @izebel_eth]

@inversebrah

[smolting (wassie, verse) @inversebrah]

easy monies

[Bluntz @Bluntz_Capital]

silver is living rent free in so many people's heads.

the cope is palpable, many very obviously sidelined

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

This morning, the US government was selling Platinum coins on the US Mint website for $2,345/oz.

At 6:30 AM ET, Platinum prices surged above $2,345/oz, rising to a high of $2,470/oz by 10:15 AM ET.

Yet, the US continued selling these coins for $2,345, or ~5% below the market price.

As traders realized, they began buying these coins which could then be sold for ~5% more.

This likely cost the US millions of dollars, depending on how many coins were sold before the US Mint realized.

The precious metals rally has entered US government "arbitrage" mode.

Not even the US Mint saw this coming.

[Rhino @lBattleRhino]

Crypto holders watching the Santa rally play out in metals

[Tom Dante @Trader_Dante]

Many traders make a mistake and then compound it in frustration by suddenly taking a shit trade, or betting way too big, etc.

And so this is a wonderful time to remind you that if you have a flat tyre, you don’t get out of the car and slash the other three like a cunt. Cheers.

[aaalex.hl @aaalexhl]

crypto bros missing out on every generational equities & commodities run because they're getting liquidated by binance every 2 weeks