Now we know Saylor is the only buyer in this market, at these levels, in these conditions.
Only H4 uptrend we’ve had in 2 months, for a 7-10% move, fully retraced once the only buyer was done.
We also know 150m spot buy is "enough".
See you next buy Michael.
09/11 trade
- manually testing strats which are sorta order flow based. - Bought this move on a trigger, somewhere around the 20:00 UTC candle.
- fast move off the short squeeze tells me more momentum
Basically this was a textbook scenario of what I’m looking for
well i was wrong about the immediate previous tweet, but overall just been slowly scaling out of position. don't really have a strategy for reloading, but have already captured enough of the move to not care
pretty sure i expressed this exact opinion when I saw Wei Dai make his covid bets on LessWrong...I think the pressure was even enough to shake Wei Dai out of his position. It just never pays to listen to these "it's weird" comments. It's better to just lose money from being wrong
imagine living through the covid price action and still thinking it's weird for people to question the market
oh wait
i guess no one here was trading before covid lol