Noz

College dropout - Actuarial Science

[Noz @BmxNorris]

@TraderMagus gm Magus

[Cred @CryptoCred]

There are lots of people who have been in crypto since my time (early 2017) that basically haven’t made any money

You just don’t hear about them because dead bodies don’t talk

You need to assume that you’re an impulsive idiot who will round trip most of your money

So hedge against yourself

Get a job (in crypto or otherwise) and shove it into the S&P 500 as a cushion

It’s not sexy and your ego will take a hit, but it simply works

‘Worst’ case your crypto trading will be lower stress, you’ll make better decisions, and you’ll have more dry powder to execute on a few big trades per quarter or even per year

What you see on your feed isn’t real: it’s massive survivorship bias with varying amounts of LARPing

Zoomer trenches have microwaved normal people into thinking they need to be rotating 10x/day while ‘trading’ 16 hours/day while copy traders farm them, all while underperforming BTC

Most people lose most of their money

Survival is an actual edge in crypto, but you need to stick around long enough to make the most of it - and that means doing ‘boring’ stuff that works

GM

[The Goose @CryptoGoo5e]

I am writing this: 1. I always learn better when I put my words into something legible. 2. I think this same mental framework should help other traders as well.
Finally—is this just cope for missing some setups I should have done well? Uh, yeah, honestly, it could be once in a while. But, if you take a more zoomed-out approach, you realize that trading is a marathon, not a sprint. You’re going to inevitably mess shit up, overtrade, undersize, get tilted, sell when you should have held, hold when you should have scalped it. But to me, one of the biggest mistakes you can make, if you are trading poorly or not seeing the market clearly, is refusing to slow down, adjust your strategy, and admit that maybe the market dynamics have changed. Maybe you should size down or take fewer opportunities before you dig yourself into a giant fucking hole, and it’s 10x harder to turn it around.

This is some clarity into how to refocus your energy and thought process before it’s too late.

One of my favorite trading quotes:

Cheers! Hopefully this resonates with some people :D

[Velo @velo_xyz]

Today is Wednesday.

[Zim(streetkwant) @quantzim]

Ok, here's a small arb/risk premia "trade" you can do RIGHT NOW. It pays nothing, but I think it could be a good starting point for anyone in the U.S.

[Noz @BmxNorris]

@RunnerXBT @tier10k Do they credit back crypto or usd?

[Noz @BmxNorris]

@blancxbt @awawat BTFD

[Noz @BmxNorris]

Opportunities arising, things getting interesting, time to lock in.

[Noz @BmxNorris]

A game changer right here https://t.co/MlUhkdSPCP

[Noz @BmxNorris]

@donalt Congrats bro!

[Dew @0xDew_]

@lazyvillager1 and @thiccyth0t discussing markets right now

[Noz @BmxNorris]

@awawat Thank you for sharing, especially the BNB insight.

[Nature is Amazing ☘️ @AMAZlNGNATURE]

This is my favorite video on the internet

[vxh0rny @veH0rny]

Gym time

[Noz @BmxNorris]

Got too comfortable last night and blew away this weeks’ profit. Had hedge setups but chose not to take them through complacency: one for the journal. Have reallocated some spot but expecting weekend chop to Tuesday bounce. Still team bull

[Noz @BmxNorris]

Good weekend on the farm, nice long on NOT to top it off aswell. Big week ahead boys let’s lock in.

[loldefi* @loldefi]

I'm crying

[Horse @TheFlowHorse]

Rest in peace to one of the best to ever do it. Jim Simons was not only an incredible trader and hedge fund manager, he left the world a better place with his philanthropy and created one of the largest charitable organizations in the United States.

Read "The Man Who Solved The Market".

[jez (equity perps era) @izebel_eth]

a timelapse of crypto / ct

[Noz @BmxNorris]

@blknoiz06 @EggNamedCregg $boomer on sol