Morning Tea

我做交易纯粹靠盘感，我觉得在这就该买/卖

[Morning Tea @Supergr1d]

说不定哪天我就离开这里

[Morning Tea @Supergr1d]

@nono_btc any example about Responsive buying / selling？

[Morning Tea @Supergr1d]

@skepticalxbt Is your yellow line the delta? Why did you draw that line?

[Morning Tea @Supergr1d]

@Pivot922 Yes, they're just copying what's in the book and drawing an absorption like that

[Kalle @KalleTrades]

Some good old @insiliconot bunker alpha for folks trying to fade this breakout

[Morning Tea @Supergr1d]

@Pivot922 Could you explain why you hold that view?

[Morning Tea @Supergr1d]

@Luckshuryy Why don't you think this is a bearish exhaustion?

[Morning Tea @Supergr1d]

@DMWaterTrading Any recommendations?

[Morning Tea @Supergr1d]

@Higher_Lows_T i wantto join in it

[Morning Tea @Supergr1d]

@Pivot922 sir How long will Discord be available?

[Morning Tea @Supergr1d]

@0xHiruko 1

[Morning Tea @Supergr1d]

他们只是在说一些废话

[Morning Tea @Supergr1d]

@0xHiruko rang women shuo zhong wen

[Morning Tea @Supergr1d]

@karastrades boss any solution to avoid it?

[Morty | Buji DAO @Morty0x]

Simplify the system. Reflect on past wins, boost your confidence, and cut off unnecessary tools.

Less is more.

[Spicy @spicyofc]

Most Traders forget that it is Market Orders that ultimately move price.

Here's my unfiltered thoughts on trying to simplify things to see where an Edge can come from ↓

-----------------------------

What MUST happen in order for a trade to move from Entry to Target?

• Group 1 have to OPEN a position after your entry
• Group 2 have to CLOSE their position after your entry

-----------------------------

If you enter a LONG POSITION, then the only way that you are going to WIN the trade is if market buy orders come in AFTER you have entered the trade.

• Market Buys can come from people OPENING A LONG after you have entered. (Opening a trade is OPTIONAL)
• Market Buys can also come from people CLOSING THEIR SHORT after you have entered. (Closing a trade is COMPULSORY)

-----------------------------

How can we open a long before other people open a long on the same idea?
• faster execution (hard)
• more aggressive level selection and/or frontrunning (hard)

How can we open a long before other people close a short on the opposite idea?
• we have information that they do not have (easy)
• we trade in markets where the competition is dumber and more emotional (easy)

-----------------------------

So there are basically 2 Options.

• OPTION 1: being faster than competition (hard)
• OPTION 2: having more information than competition (easy)

⚠️ Disclaimer: I type "easy" but I'm referring to level of difficulty (or infrastructure required) when compared to the alternative.

-----------------------------

Let’s talk a bit more about OPTION 2: “having more information”

Useful Framework ↓
• “if X happens, what is the probability that Y happens next?”
• if you try to ask this question for X and Y for 10,000 different ideas, it’s likely that you will find some statistical anomalies.

-----------------------------

Something to think about:
• through brute force alone you can find edge.
• Most crypto traders are incredibly lazy.

Barely anyone has the patience to collect the data on 10,000 ideas.

Example:
• “If RSI crosses above 90 on the 1 day timeframe on BTC, what is the probability that the next day is a green day?”

Barely anyone knows the answer to even 1 of these types of questions.

Take advantage of the fact that most participants are entitled and lazy.

Destroy your opponent with your data.

🌶️

[Morning Tea @Supergr1d]

Whos that theta girl and why shes stealing my time?

[Morning Tea @Supergr1d]

🤓