profitable traders
were previously losing traders who were:
- very persistent
- emotionally resilient
- and most importantly, fast learners
learning fast doesn't necessarily mean "being really smart".
it means rapidly changing behavior and adapting accordingly
Increasing Winrate % as a Trader
Explained ↓
Take MORE good trades:
• this means just simply being online longer hours.
• A+ trades aren't hard to spot, that's why they're called A+ trades in the first place. High Opportunity + Obvious to see.
Take LESS bad trades:
• this means getting more strict with your entry/exit criteria
• the more strict you get, your trade frequency will go down (but this is fine since winrate % goes up)
• in order to take less bad trades you're going to need to put in the work to properly review your past trades (and extra research) to better understand the core variables which impact your winrate %.
If you do less bad (-EV) stuff but keep everything else the same, you will make more money.
Volume Cheat Sheet
big price spike + big volume spike:
- good for trading reversals
big price spike + low volume:
- avoid like the plague
- this is a sign the coin is illiquid and can be easily manipulated.
- slippage + predatory behavior will happen more in these coins
↓
@JCChristopher@Joey_Bagadohnut Just my $0.02 from Aus.
A quick @Google tells me a @TeslaModel3 averages around 18kwh/100km roughly speaking.
General per kwh residential charge is roughly $0.30, so $5.40AUD per 100km.
My diesel ute is roughly 8L/100km at $2.30/L or $18.40AUD per 100km.
Pretty simple ...
Digix raised 466,648 $ETH in 2016, one of the largest crowdfund in Ethereum history. Its CTO sent the very first transaction on Ethereum.
The token contract has sat unverified for 10 years.
I just reconstructed all 6,770 bytes of source code from raw bytecode. 🎉
🧵
In case you didn’t know, I hacked Mario Kart to pay out bitcoin, streaming in real time to your Lightning wallet from my nodes.
I manually reverse engineered the game’s live RAM without the help of AI. Then I wrote all the code myself the old way, by hand.
Anyway, we’ll be playing all day, both days at @TheBitcoinConf. Find me and @briimhd at the main entrance in front of the Expo hall.
The top 4 players will then go on to compete on the main stage at the end of day two to win bitcoin, prizes, and bragging rights. 🫡🏆
@scrypto_ I'd prefer this than a tax in unrealised capital gains. Ideally they'd leave the system alone and garner revenue from the resources sectors' insane profits. Take a leaf out of Norway's book on natural resources
I wrote an in-depth guide on Price Action
Includes:
• order flow basics
• level selection
• ranging & trending structures
• live trade examples
Enjoy
https://t.co/4GGQZaVnE3
The 20 millionth bitcoin just entered into circulation via block 940,073.
Less than 1 million bitcoin remain available to be mined; it will take over a century to do so.