@0x_Leo_ I tend to agree just trying to figure how to play it. Assume it goes 1.1-1.2k > 960-1k but man this thing feels like it goes 900 straight to 1,5k no red allowed lol
Keeps you honest
I have this metaphysical belief that pulling movements encode the instinct of desire and eagerness, grab what you want and don't let go
Pushing and pressing movements train aggression and the clearing of obstacles
Squatting and legs, overcoming pressure and the skill of fatigue
Metaphysics in movement
hey @Tradermayne can we do an emergency top blasting video> Ep 13 get's close but doesn't cover how to get an entry/ trade when charts say no to pullbacks for infinity
Real talk
If you’re on the wrong side during a big move like this, most of your immediate impulses are gonna suck
Greatest hits:
1. Revenge short - Can’t believe I missed this piece of shit scam pumping; it’s up so much it HAS to come down
2. Oversized buy - I will use leverage as a time travel machine to make up for being late
3. TA cope - It has to retest the exact level it broke out from immediately because I watched two whole Babypips videos on 1.5x speed
4. All-or-nothing - My only options are 0%. exposure or 100%, nothing in between exists
5. Deer in headlights - oh geez I guess I should wait for a pullback but no what if the consolidation is the pullback hmm maybe I’ll wait for a range to form but what if that range breaks down do I buy the retest of the breakout or the range reclaim oh man fuck shit what’s Ansem saying
6. Overtrader - I will cement my bloodline on the 5 minute chart; if this next candle is the wrong colour I will either be rich or poor
Just chill out, delete your levels, pretend you haven’t looked at the chart in weeks - fresh eyes
Then it’s the usual list of simple questions:
1. What signals are firing / what do I think is gonna happen
2. What kind of bet am I making (mean reversion/volatility expansion/new trend/momentum/Blackrock scam etc.) and on what time horizon
3. Where am I wrong
4. Does my position size match the current volatility and align with the shape of my trade idea i.e. points 1-3
FWIW I’m washed but gonna try to jam some spot sub 70k. If it gets accepted below 66-67k (retraces the breakout) then I’ll lose money
“Wow it’s up so much what you buy the top?”
Then I’ll lose money and look silly on social media. That’s the cost of doing business (at least the first one).
Just start LARPing like everyone else and instead of saying “I bought the top” say “I aggressively rebalanced when an ensemble of carefully weighed momentum factor signals fired contemporaneously.”
Today is my 43rd birthday and this past year was arguably my biggest year ever.
Got married and sold my company.
You are never too old to achieve your dreams boys.
@tulipking@Ay_anonymous19 I agree if they're forced to sell BTC every year. I'm not convinced that's inevitable. Why can't one well-executed sale strengthen the balance sheet, restore confidence, and reopen the capital markets? time will tell, and, as always, appreciate your thoughts.
@tulipking@Ay_anonymous19 I think the market is really trying to answer one question:
Is a modest BTC sale (executed well) to cover debt evidence of a turn around or that the flywheel is broken forever? if he keeps selling common for me, MSTR is over.