Prevaile

We might make it

[Prevaile @prevaile0]

Made this account mainly as a public journal to write down my trading and have something to look back on. Maybe occasionally spitball some trade ideas.

A few things I really need to work on -

Erase the bear market PTSD. I consistently sell alts too early and struggle to fully lean into the idea of sustainable moves up. A lot of that derives from the fact that I’ve never actually traded through a real bull market. I started trading around the pico top of SOL and the TRUMP launch, so most of my experience has conditioned me to expect upside to be short lived. Still learning how to see the vision.

Less slop, I’ve been gambling way too much on new pairs lately. Sure some of them hit but I need to be more selective.

A few things I think I’ve done well -

Keeping my PnL curve relatively linear and avoiding any major drawdowns. That discipline definitely comes at a cost though. I’ve left a lot on the table by cutting early and have had some pretty painful fumbles.

Showing up every day without a specific number in mind. No forcing myself to hit some arbitrary target. Just taking what the market provides me and trying to stack good days.

Started this account with 7k on August 5th and have put together a really solid run since.

Still a lot to clean up.

@fomo has been great for me and truly a game changer for the trading space as a whole. Really excited for what the future has in store.

[BG @villagebythexyz]

The future of perps is social

[Prevaile @prevaile0]

@frankdegods A 2 million dollar pnl for Frank

[Counterparty @counterpartytv]

our full interview with @surveillor

1:22 trade the smallest market you can
3:29 why alts can still 5x
5:13 ignoring AI and quantum FUD
6:21 25% of his port in $CARDS
7:51 zero leverage, 25% max drawdown
9:43 buying the $LIT bottom
12:57 being contrarian is reta*ded
14:16 6 months holding CARDS
24:03 the PUMP and LIT bullcase
29:33 $2.5K Pikachu now worth $150K

[Prevaile @prevaile0]

@counterpartytv @surveillor So goated man

[Prevaile @prevaile0]

@fomo Yup.

[fomo @fomo]

Introducing the fastest crosschain swaps on the market. Crosschain transactions on @fomo now land in <1s.

A week ago, we rolled out our own internal bridge to a small % of users.

Public rollout of fomo bridge begins now.

[Prevaile @prevaile0]

@lBattleRhino twerk it.

[Prevaile @prevaile0]

Heres a stellar example of this playing out in real time. kimchi hack - Alon rt hacked token *majority got slaughtered* - kimchi changes bio. Probably going to sting for a while. yikes

[Prevaile @prevaile0]

I think one of the best skills you can have as a trader might be knowing who to countertrade and who to consider a top signal/non-confluence. Sometimes it can be people or events that create a narrative violation

Kadense - topping allinu

People calling for hype Hundy roll that just placed positions on 10x lev

Ticker ai on long - trump changing the name to super intelligence

Near haulting washed funds - not private

Fwa failing to make a new high on the most anticipated update

Robinhood doing bitstamp perps instead of lighter perps in app

So many to name but these are just off the top of my head. Often times they are very simple and easy to realize but bag bias won’t let you see.

Lesson is study up and figure out who is a counter signal/what creates a narrative violation and save yourself from downside

[Prevaile @prevaile0]

Brap it

[goatbird @goatbird_]

All I got from this is we are about to witness the inevitable infinite Gold to Bitcoin Giga Bow Twap that will flip gold so fast that if I were a squirrel I wouldn’t be able to stuff enough nuts in my ass on a short enough timeframe before we send to 10 trillion

[Prevaile @prevaile0]

Another trillion dollars for TJR and Banks

[lefty @leftcurvemaxing]

with the entire internet and gold getting hacked the big takeaway is that the only safe store of value is chrome hearts denim

[kyle @kyle]

They coming for our gold with alchemy and our bitcoin with quantum.

[se @seyong]

some traders have mentioned they are being offered large piles of cash to leave fomo & trade on another app for 3 months.

our response is and always will be that we will never pay anyone to trade on our app.

the entire fomo network has been built organically. we feel that the only way we can build a long term social platform for finance is for it to be organic.

every social platform allows for better experiences as a user grows. we must allow for the same and do things that scale the social graph.

i.e. attribution, monetization, etc. are problems we MUST solve in order to achieve this goal.

we have lots of exciting things to launch that will allow top users grow with the platform as they bring balue.

on the flip side, we’re also grateful to have helped build a social network where the top users can command such high markets. there are some ppl i speak to where i suggest taking the deal if its something thatll help their life. i am never someone to get in the way of someone and their business.

the value of todays top users on fomo is already so high, and we only expect that to grow. traders are the next celebrities and they will be the biggest celebrities among the current & future generations to come. we hope fomo can steward in that future.

today, people use fomo because it is the best product and because we treat people with respect and transparency. those are the only two things that matter to us.

with scale comes problems to solve. we are committed to making this the best trading product in the world. every waking hour is spent towards working to this goal (including this one).

as always, my dm’s are always open for feedback, issues, and ideas.

[Prevaile @prevaile0]

@seyong @blknoiz06 @LucaNetz @notthreadguy @MINHxDYNASTY @PaikCapital @notthreadguy drop the highlight reel

[Prevaile @prevaile0]

Brown Tuesday.

[MP @MoneyPrinter0x]

bidding good amount of size for now

looks like the majority of the move is ahead

$jup

[Prevaile @prevaile0]

@based16z I don’t see you on the fomo board.
/positions bud.

[Prevaile @prevaile0]

That’s my quantitative.

[billy walsh @reaIityobserver]

Follow for more strategic cultural investing maneuvers
https://t.co/MqGJnQ8qK3

[Prevaile @prevaile0]

@J0hndoe77 @fomo @seyong

[Prevaile @prevaile0]

Breached the top 100 on @fomo and wanted to keep the 1% to the trenches tradition alive. Sent a grand to @.johndoe77. Let’s win.