muses

The mundane can be interesting

[muses @musesintwilight]

@akhileshutup @elonmusk fire this guy immediately

[muses @musesintwilight]

@IamNomad Do you own any apple products or nah

[muses @musesintwilight]

@IamNomad Damn firefly reference

[muses @musesintwilight]

@cobie 100k btc for the godfather of this space please. cue soundtrack

[muses @musesintwilight]

@thinkingvols Remember we sell vol

[muses @musesintwilight]

@thinkingvols Literally built different ❤️

[muses @musesintwilight]

@IamNomad Rofl. New bears 🐻 entering market shortly not knowing the nomad lore is gonna fun.

[muses @musesintwilight]

@cuntycakes123 @forthefans97 Yo need help on that spaghetti bol. What’s the prep like

[muses @musesintwilight]

@JA_Maartun Astute. Are you using any data from finex

[muses @musesintwilight]

@maturin39 please ka email

[muses @musesintwilight]

@shibicb72 Damn ok no more cryptowatch

[muses @musesintwilight]

@nntaleb No hay remedio

[muses @musesintwilight]

@CryptoCred Cred tweeting abt trades can only mean one thing

[Cred @CryptoCred]

Started trading lower time frames again recently after a long break.

Immediate observations:

--Uncomfortable being offside

--Poor ability to hold good entries even to conservative targets

--Managing trades unnecessarily (related to the previous point, usually in the form of taking profit early/without letting the original idea play out)

Solutions:

--Keep trading frequency on the higher end to regain trading 'muscle memory' and sync with the market

--Become even pickier with entries so that being offside has a higher probability of being signal as opposed to noise

--Only manage trades if a clear 'signal' emerges

General remarks:

--When trading lower time frame stuff, you're usually trading smaller rotations. That means less room for error if the payoff is going to be worth it i.e. more precise entries, tighter invalidations, and more conservative targets.

--Trade management is still important but should be used much more sparingly than with higher time frame swing trades or larger rotations generally. With lower time frame stuff, there simply isn't a lot of 'space' between your entry, stop, and target - so there is a higher chance that what happens in between is noise as opposed to signal. I generally lean towards letting the trade 'play out' vs intervening in a very narrow range.

--You can still use higher time frame levels for lower time frame trading. Most of my execution is on the M5 but often the levels are M15/H1/H4 and even D1. The main difference is given I'm executing on the M5, I like to buy below support/above resistance on the anticipation that I'm buying the lower wick of the higher time frame support/selling the upper wick of the high time frame resistance.

--R:R is a bit of a meme in this context. Especially when you consider the higher trade frequency and lower risk per trade. As long as there's at least 1R available, I'm punting. Higher probability + higher frequency compensate for the lower R:R.

Dunno if this is useful at all and it's not some glorious PnL card, just thought I'd share some of my ongoing experience as I get back into the nitty-gritty of things.

[muses @musesintwilight]

@xcurveth Who’s your marketing guy that I can link up with ?

[Stat Arb @quant_arb]

Raising capital. A long ass thread.

🧵👀🕵️‍♂️🫰🤑💸

Sources, structures, and general tips.

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[muses @musesintwilight]

@0xGeeGee @FreddieRaynolds @HsakaTrades Good deal for mich ?

[muses @musesintwilight]

@cuntycakes123 Fry it and dip in ketchup

[muses @musesintwilight]

@IamNomad Oh damn so that’s what happened to circle, scaling it would be expensive

[muses @musesintwilight]

@cuntycakes123 Looking at facts and making shit up, pretty entertaining