Matchi_Trades

Personal accountability journal.

[Brian Armstrong @brian_armstrong]

One of my favorite lessons I’ve learnt from working with smart people:

Action produces information. If you’re unsure of what to do, just do anything, even if it’s the wrong thing. This will give you information about what you should actually be doing.

Sounds simple on the surface - the hard part is making it part of your every day working process.

[Cred @CryptoCred]

Every System Sucks

Social media trading glorifies perfect win rate systems with 0 drawdown entries that go straight to target.

Gurus don't talk about their losing trades or losing streaks to maintain the fantasy that you can consistently risk and win without losing.

This brainwashes their less experienced followers into believing they're doing something 'wrong' if they lose a trade (or multiple trades) and sends them on a goose chase for a mythical trading system that never loses money.

It doesn't exist.

If you trade, you're going to lose money at some point.

Every edge or profitable trading system either decays over time or gets washed out completely by a change in the market regime.

Trends end and have false starts. Trend followers get chopped.

Breakouts fail. Momentum traders get trapped.

Means stop reverting. Mean reverters get steamrolled.

That doesn't mean the system is inherently flawed.

It's just the cost of doing business.

The point of risk management is to allow you to absorb those unavoidable losses and stay in the game.

That's why it's called risk management, not risk avoidance.

If you want to avoid losing trades, there's an easy way to do it: don't trade.

Otherwise, you need to be comfortable with the fact that even the best trading system will eventually serve you losing trades.

This is precisely why traders obsess over position sizing: the goal is to maximise your edge while it's there/the regime is supportive, without losing your shirt once it decays or disappears entirely.

Crucially, if your previously profitable trading system starts losing, that can be an early warning signal that the underlying regime is changing.

Losing streak on a trend following system that was printing? The market may be consolidating.

Breakout trades turn into traps? The market may be running out of steam.

Mean reversion trades overshooting their expected ranges? Volatility expansion may be underway.

These are critical insights, but you can only meaningfully gain access to them if you're willing to stick to your system, learn its nuances, gather data, and take risk instead of panicking and abandoning ship after the first losing trade.

To summarise:

1. Losses are inevitable. Every trading system experiences losing trades. They are the cost of doing business, not proof of a flawed system.

2. Risk management is not risk avoidance. The goal is to size such that losses don’t knock you out, not to eliminate losses entirely.

3. Edges decay. Market regimes shift, so a once profitable strategy may stop working and losses can be an early signal of change.

4. Stay disciplined & collect data. By sticking to your system through different regimes and by stomaching variance, you can learn its behaviour and spot regime shifts early.

5. There's no free lunch.

[Motif @TraderMotif]

A trader must know what type of trader they are. If they know they’re a scalper then they can expect many trades per day. If they’re an intra day trader they can expect 1-3 quality setups per day. If they’re an intra week swing trader they can expect 1-3 setups per week and so on.

One of the biggest problems I see in regard to lack of patience is that the trader doesn’t know how many trades he can be expected to take during a certain period of time. You MUST know this. It is essential. It will help harness the patience required.

[🕊️ @lichthauch]

If you knew how every complaint you voice trains your brain to hunt for more things to complain about, then you would bite your tongue until it bled before speaking another grievance, you'd realize bitching is voluntary brain damage

[jo johnson @josbjohnson]

you’re terrified of being ordinary.
so terrified that you won’t start anything unless you can be exceptional at it immediately.

won’t write unless it’s brilliant. won’t create unless it’s original. won’t try unless success is guaranteed. and this fear - this need to be special - is keeping you from being anything at all. being exceptional comes from being willing to be bad first. clumsy and uncertain and embarrassingly human first. but you can’t stomach that. can’t tolerate being a beginner. so you stay stuck in that space between nothing and something. never risking the ordinary that leads to extraordinary. never discovering what you might become if you’d just be willing to suck for a while.

you’re not special yet because you won’t be ordinary long enough to learn.

[ferb @ferbsol]

https://t.co/NcOdvxsB2F

[GRITCULT @GRITCULT]

You will be much happier if you approach life as a craftsman.

They take a long term approach. Strive for mastery over the course of decades. No short term gratification. Just constant practice and improvement. A single setback means nothing but a learning opportunity.

[Sahil Bloom @SahilBloom]

If you’re feeling stuck, read this…

I call it the Clarity Curve:

When you’re stuck, you’re waiting for clarity. You make that clarity a precursor to action.

But in reality, the relationship is the inverse:

Action creates clarity.

In the beginning, the Clarity Curve is painfully flat. You take action and feel like nothing is happening. No insights, no breakthroughs, no direction. It’s frustrating and disorienting. This is the point where most people quit. They assume the lack of immediate clarity means they’re on the wrong path.

But the truth is that the flat part is the cost of entry. It’s necessary.

If you keep going—moving, experimenting, exploring, trying, failing, and adjusting—something shifts. Gradually, then suddenly. A tipping point. A moment where the curve bends upward and clarity grows exponentially.

You start to see what matters. You recognize what doesn’t. It’s an a-ha moment of clarity built upon days, weeks, months, or even years of stumbling through the fog.

So, the advice is simple:

Just start moving.

Take a job, even if it may not be the job. Start a business, even if it may not be the business. Date a person, even if they may not be the person. Make a move, even if it may not be the perfect move.

No one has it all figured out. No one knows exactly what they’re doing. Everyone is stumbling along. Some people are just willing to stumble enough to find their way into something special.

The people you admire are just the ones who had the courage to start. They didn’t overthink it. They didn’t wait for permission. They didn’t sit around hoping for a perfect plan. They just kept showing up.

The clarity you seek is found in the action you avoid.

I’ll conclude with my favorite quote of all time:

“As you start to walk on the way, the way appears.” - Rumi

Start walking. The way will appear.

[‏ً @omgsidewalks]

major cheat code in life: be the one who reaches out. text first. call first. plan first. initialize first. most people wait to be chosen. be the chooser. connection requires initiative. friendship requires effort. love requires action. stop waiting to be picked. start picking. initiative is attractive

[RŌNIN @ronin21btc]

I wasted my entire life because nobody told me this as a kid

[Tom Dante @Trader_Dante]

I’d say a big part of me, personally, being profitable, is I couldn’t give a shit whether I trade or not on a particular day.

If you want to trade, you tend to try harder to actively find trades and I always found that to be counterproductive to my performance.

You usually know this is your problem if you review your performance and end up thinking “what did I take that trade for?!”

I know there will be a few clear, high probability opportunities each week and they’re usually remarkably obvious and you know exactly why you did them and don’t regret them, even if they go wrong.

[Motif @TraderMotif]

In the beginning it’s ok to learn from a bunch of different people and absorb the information they deliver but at some point it becomes information overload.

You will eventually have to narrow your focus, choose a system that makes sense to you and master it.

Knowing everything is good if you want to show off and claim clout but you only need to know enough to be successful in this game.

One pattern, one asset, narrowed focus. It’s all you need. Once you master that then you can expand and explore but you should seek to simplify and become good at one thing before trying to become an expert in everything. You’re just setting yourself up for failure otherwise.

[Jake Rivera @FidelCacheFlow]

Came to the realization that people are far too self involved to genuinely care about you so you might as well go out and fail as many times as you need to in order to achieve your goals because their is no external scoreboard, judgement or shame in failure it’s only you v you and has always been that way

[Dr. Dominic Ng @DrDominicNg]

Repetition rewires

Repetition rewires

Repetition rewires

As a neuroscientist, I can tell you: the brain doesn't distinguish between the habits that serve you and the ones that destroy you.

The question isn't whether you'll change, but what you'll become.

[blue @bluewmist]

this is the greatest piece of advice I’ve ever heard to keep working despite the hard nature of progress.

[Matchi_Trades @DemoKhun]

@coincarver How many trades for that month?

[Route 2 FI @Route2FI]

Good post, and I can 100% relate to this in my own journey.

Back in 2016, I was working as an engineer earning $4-5k per month. At that time, it felt like a lot honestly, but what I didn't like was that the only way to up the salary was to either work more hours, or switch jobs frequently to bump up the salary. Eventually, I started investing in stocks and I kept on doing this until the end of 2020. But still, I felt it was a slow route to freedom and really making it.

But what really changed my mindset was when I met a guy from Twitter IRL. He had like 500 $BTC at that time, which was equivalent to about $5m. It felt like a huge number, and I was blown away because he was both younger than me and more risk-seeking. My NW was like 1/10 of his, and I asked him how I could get to his level. He basically told me to stop being so afraid of betting it all, going all in when I had conviction in something. If you lose, you just go back to where you already are.

In the summer of 21' I bought ETH for everything I had, at around $1900-2100, my NW doubled 3 mo later as ETH hit $4k, and since then I've been full time crypto. After that, I went deep into the ecosystems of Terra, Fantom, and Avalanche. Opportunities in DeFi still exist like those we had in 2021, you just have to dig deeper. And follow the people that actually use the strategies they preach, not the Kaito farmers.

Ending this with the best quote from @0x_Leo_'s text that makes you think:

"Why would I aim for so little when there are people making what I'd make in 10 years in less than 24 hours with the press of a few buttons?"

[XO @Trader_XO]

Discretionary Trading is ultimately about discovering a strategy that aligns with your own strengths, weaknesses, and temperament.

It’s a process of deep self-awareness as much as market understanding.

When you think about it, a trading setup is simply pattern recognition, identifying recurring behaviors in the market and taking advantage of those inefficiencies.

Once you start to consistently see these patterns, the next step is figuring out how to structure the trade around them.

From there, it's all about repetition. You need enough data, "reps" to assess the setup’s true value via journaling, that’s before you can scale up in sizing.

For example what’s the expected value, behind a setup and how does it fit within your broader risk framework.

Once you've mastered one setup, you may then move on to developing another, repeating the process. (You can become successful with one)

Over time, you build a personalised ‘playbook’ of strategies that reflect your unique trading style.

Avoid the temptation to copy others. Trading is highly discretionary.

I’d argue that trading is ultimately 80% mental, 20% technicals.

The nuance lies in how you interpret and act on the information in real-time. That part can't be replicated, it has to be developed.

[Matchi_Trades @DemoKhun]

$SOL
Price in an uptrend
Daily Resistance just above
No Bearish Divergences in sight yet
Ideally the uptrend trend line holds

[SerClickALot @irigstocks]

Knowing too much actually made me less money trading

I learned many a thang about fundamentals but day to day Id rather not know anything at all other than whether one of these gay companies have a lot of dillutions or very little

Rest is just TA, risk mgmt, and executions

Stay dumb and rich, not smart and poor