Rachit Agarwal

growth @sunrisedefi, host @touchgrass_pod (built @tryhashtro)

[Rachit Agarwal @rachit]

New Episode w @ImTrizzy

We discuss:

- Pure price action trading
- Bear market comparisons
- Positioning for the summer

And much more!

0:53 - Trizzy's intro to trading
1:28 - Adapting to new market conditions
3:55 - Progression as a trader
4:43 - Bitcoin volatility and the last 6 months PA
10:05 - Predicting the market meltdown in January
11:43 - Trizzy's trading style
15:34 - Price action is never random
18:15 - Less is more during the summer time
20:00 - Use prop trading to your advantage
22:34 - Dealing with big losses
24:42 - How Trizzy finds winning setups

[Soju 燒酒 | Meteora @0xSoju]

https://t.co/HbQ5Kf06wm

[Rachit Agarwal @rachit]

@TonyCatoff Catoff 2.0?

[Rachit Agarwal @rachit]

i've always told everyone that @TonyCatoff can be the Roy Lee of the Indian Market

just needs to build the right product

[gaurang.eth @iamgaurangdesai]

this gora is real good than many desi gora's

keep slaying tony bhai

[Pranjal Bhardwaj | 0xpranjal.algo /.eth @0xpranjal]

https://t.co/cTSyhHW5bo

[Soju 燒酒 | Meteora @0xSoju]

https://t.co/ZgZcn9aJkH

[Rachit Agarwal @rachit]

@shadddowfax @Backpack @sunrisedefi @solana WAO

[Rachit Agarwal @rachit]

@0xspiralstake @Morpho W

[Rhea @rheacts]

Manual execution is your edge over the hedge funds.

Trizzy on why retail traders actually have an edge over hedge funds in this market

"TA has never changed, the same profitable strategy still works to this day. But to be profitable in this market, you can't trade automatic. You're not trading entry, stop, TP anymore using that RR tool and actually making money. It's so rare to have an edge trading like that now"

"The hedge funds and prop firms that came in, they can't use manual execution, they're in positions too large to exit right away. So you have an advantage, you can exit whenever you want. A winning trade is a winning trade, sometimes I'll take 1K points off a fast move. You now have to actually understand what the price action means in the moment"

[Rachit Agarwal @rachit]

@Backpack hugeeeee

[Backpack 🎒 @Backpack]

https://t.co/BHfYFJfB6u

[Rachit Agarwal @rachit]

in haryana, going to the gym at 4pm just means your family has alot of rental income

[Ankit @ankitkr0]

all people with mysterious sources of income go to gym at 4 PM

[Rachit Agarwal @rachit]

@ImTrizzy @touchgrass_pod great episode!

[Trizzy @ImTrizzy]

Thanks for having me on the newest episode @touchgrass_pod

Always a pleasure to go over the markets 🫡

[Rhea @rheacts]

"If you have a main account under 10K, you probably should just get a job."

Trizzy on why most traders don't have enough money to even let themselves win

"I don't think props should be used as your main account, a lot of people get that wrong. I'm using props to tag on risk to my main accounts. Most people trade with not enough money to even let themselves win"

"When I first started with a 1-2K account you just end up rinsing it, you're not even giving yourself a chance to win. If you're risking 20-30% a trade, even if you're the best trader in the world, you're not giving yourself a chance. You need a good amount of capital to make money"

[Rachit Agarwal @rachit]

the current onchain stocks spot trading experience is a pain

theoretically we all expected this to be a game changer but sadly the product experience hasn’t evolved much

every new company that is offering onchain stocks is essentially a wrapper of the same company that their competitors are using - ofc we won’t see much innovation here

no wonder perps have found immense volume for this category and spot markets haven’t

[Rachit Agarwal @rachit]

in hindsight, saylor selling was inevitable - we now have to wait and see if he was just testing liquidity and if he plans to sell more

imo this is all very healthy and he should continue selling into the bottom

another thing to watch out for is how MSTR reacts to this since hes basically selling one to satisfy the other ( not so good so far tho)

[Touch Grass Podcast @touchgrass_pod]

"If I tell you this is backed by 800K Bitcoin, but I'm not going to sell it, then from a credit side, they are not going to underwrite it as a four times or like a 25% LTV."

@kevinlhr88 from @saturn_credit talks about Saylor selling Bitcoin to buy more and the potential impact on markets

"I think there's going to be a lot of volatility between the MicroStrategy stock and the Bitcoin price... MNAV goes from two to maybe -0.5"

"For STRC shareholders, this is actually very good because it shows that Saylor is committed to paying the dividend as well as keeping the peg."

"It's also not healthy for the market to bank on Saylor to never sell, right? So it's overall a net positive thing to the market."

[Rachit Agarwal @rachit]

@0xpranjal @BasedIndia ??

[Rachit Agarwal @rachit]

@markjeffrey bonjour

[Rachit Agarwal @rachit]

this week, on our ongoing crypto VC and investor series

we will be hosting -

> @MikeZajko, Founder of Lattice Fund
> @djchaudhry_, Founder of Paper Ventures
> @amitm_eth, Partner at Borderless

only on the @touchgrass_pod!