Midnight Trader

Systematic swing trader of ~250 cryptocurrencies | Binance | Not financial advice | I tweet all trading entries & exits | Monthly returns above☝️

[Midnight Trader @Trade__Web3]

One tip for the newer traders out there 👇

If you’re brave enough to trade the volatility of crypto, knowing when to sell becomes absolutely crucial if you want to become a consistently profitable trader.

Identify an exit point, take profit and SL target.

Do not sell early!

[Steve Burns @SJosephBurns]

Profitable traders focus on the process, not the outcome. They understand that consistent execution of their trading plan, rather than the results of individual trades, is what ultimately leads to long-term success.

[Midnight Trader @Trade__Web3]

@SJosephBurns Energy transfer

[Midnight Trader @Trade__Web3]

@100trillionUSD A little better

[Midnight Trader @Trade__Web3]

@PKycek I agree that stops reduce the profitability of systematic strategies in such a volatile market. % based stops never worked in my case, so I use wider ATR stops which makes little difference to having no stop loss at all if I backtested both options.

What alternatives do you use?

[Midnight Trader @Trade__Web3]

@tedtalksmacro @JSeyff Are these ETF investors mainly from RIA accounts or are there also some institutions starting to invest?

[Midnight Trader @Trade__Web3]

@tedtalksmacro @JSeyff What % of GBTC outflows does he reckon are left/when does he reckon they’ll lower fees?

[Midnight Trader @Trade__Web3]

@Breedlove22 Robert your views on bitcoin and money are great, but please don’t branch out onto topics you don’t understand…

The published climate science has clearly gone over your head

[Midnight Trader @Trade__Web3]

@crossbordercap Also is the CBI survey a fair reflection of the UK economy when it doesn’t account for our services sector?

[Midnight Trader @Trade__Web3]

@crossbordercap I know you probably get asked this a lot but what exactly do you mean by UK Liquidity?

[Midnight Trader @Trade__Web3]

@100trillionUSD @GoalOfWinning @Giovann35084111 Surely the larger the financial asset, the slower it grows?

I would assume the diminishing returns of Bitcoin are a function of its long-term potential as a stable medium of exchange as it eventually becomes asymptotic. I can only see an S-curve for global crypto user adoption.

[Michael Saylor @saylor]

#Bitcoin will be the only thing ever approved twice by the @SECGov.

[Bitcoin Magazine @BitcoinMagazine]

BREAKING: #Bitcoin ETF applicants are filing last-minute amendments to lower their fees 👀

BlackRock's lowered to 0.30% 👀

ARK lowered lowered to 0.25% 👀

What a start to the week 🔥

[Matthew R. Kratter #BIP-110 @mattkratter]

#Bitcoin

[Will @WClemente]

The courts have spoken -- between Ripple winning their suit and now Grayscale winning their suit, Gary Gensler and the SEC look like absolute clowns.

[Will @WClemente]

Grayscale has won their lawsuit against the SEC regarding their Bitcoin spot ETF

[Midnight Trader @Trade__Web3]

Market Exit -

https://t.co/4NfSxWeAsj (AVA) @ $0.5509 | Stop Loss

Return = -9.84%

[Midnight Trader @Trade__Web3]

Market Entry -

Aelf (ELF) @ $0.3063

[Midnight Trader @Trade__Web3]

Market Entry -

Sui (SUI) @ $0.6019