Part of my journey of grounding myself is returning to what I'm good at. The thing that has made me the most money in this space.
I'm back on Hyperliquid.
Before 10/10 I had over a 90% success rate. I've learned many valuable lessons since then. Adapted new risk management strategies. Rebuilt my confidence.
I've spun up entirely new addresses. I will never make them public. I will never post anything specific (positions, PnL cards - anything that could give a clue as to what my addresses are). Being observed was not healthy for my trading.
I tried to deny myself a return to being a trader. Spent countless days/weeks/months searching for something different.
A few important rules I'm carrying forward:
1. Never let crowd-think overpower your well-earned intuition / conviction.
2. Assume "10/10 or worse" when deploying your risk management strategy.
and perhaps the most important one
3. You don't have to reach your financial goals in one season. One bull market. A single financial quarter.
Looking back, the majority of my "100M PnL Goal" I had set for myself I realized that 98% of that was achieved in a fourth month time frame.
Which is absolutely insane. And completely unnecessary.
Now, my goals are different. I care less about an arbitrary number and more about an amount that secures a comfortable - but not lavish - life for myself and my family.
My crypto financial instruments are split into two parts:
Part A: Buy BTC spot and chill. Cold storage. Not allowed to touch it for any purpose. No wrapping it and throwing it into a lending pool. No keeping it on a CEX. Now allowed to touch it for any reason whatsoever.
Part B: Resume doing what I'm good at. On a scale and pace that doesn't scream "insanity". This is walking around money. This scratches the need I have to "be productive".
It's a mindset shift. Last year I didn't really close any positions that weren't six or seven figure profit. But in the last couple of weeks I've been back at it I've closed several 4 & 5 figure profit positions. And more importantly maintained a 100% success rate.
And MOST importantly I'm at peace. No pressure to make it all at once. No incessant chart watching, worrying about my positions. No pressure of knowing all of CT is watching my positions.
I'm happy to be home.
🫡 From the depths —
The White Whale 🐋
I was wrong about the bounce back to 41-42$ range but we actually went downhill instead.
Trump speech and actions about the war in Iran cause the market not to follow patherns/paths.
I was wrong about the bounce back to 41-42$ range but we actually went downhill instead.
Trump speech and actions about the war in Iran cause the market not to follow patherns/paths.