T96-Coffee

[Cred @CryptoCred]

When reviewing losing trades:

1. Did I trade my edge (i.e. good setup, not boredom punt)?

2. Did I follow my execution & management parameters?

3. Did I follow my risk management parameters?

4. Would I take the same setup again?

If yes to all, take it on the chin & move on.

[Cred @CryptoCred]

$BTC

Trend down

$30k support

$40k-$45k overhead

Doomer $10k-$20k

Macro looks rough / new environment

For what it’s worth, ‘I bought BTC at the bottom of the range but then global macro went to zero’ is one of the least regrettable ways to lose money if we get rolled

[CZ 🔶 BNB @cz_binance]

Some less known trivia about me.

I don’t read news.
I don’t check emails.
I don’t check IMs (except one).

Been like that for years. Life seems fine. Never missed much, and tend to get more done.

[T96-Coffee @T96Alien]

https://t.co/It0bQAmFZJ

[Bybit @Bybit_Official]

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[Cred @CryptoCred]

Trading 'wisdom' means nothing until you can relate to it.

'Trade the trend' means nothing until you nuke an account buying a downtrend.

'Use low leverage' means nothing until you get liquidated at the top/bottom before a new trend.

Trading books don't replace market tuition.

[T96-Coffee @T96Alien]

@CryptoCred Nice

[Cred @CryptoCred]

There are 2 groups of people obsessed with low time frame price movements:

1. Really good traders
2. Really bad investors

[Cred @CryptoCred]

I cant wait to make the same mistakes all over again.