the amount of trades I've taken without having a decent idea of my exit is literally insane and when I think about it, it just makes me hate myself so much, like I despise myself so much for not thinking about it.
for every trade I need to set a threshold that if reached (even if quickly thought about), I instantly sell and go next or wait for the chart to show accumulation signs to get a better entry
on the other hand, if chart starts climbing up on my entry instantly, I need to let it breathe as long as it doesn't reach my entry aggressively and DCA out preferably when wicks start getting aggressive (ex : high half filled green wicks or 1/3 filled red wicks)
will do my best to hold myself to this
@901Fin read @NachSOL last tweet, his take really makes sense and I wouldn't be surprised if we go back below 20M for neet and range there a bit tho I'd hate that
where do you see the markets in the next few weeks nisok
I can’t see a scenario where equities nuking is bullish for crypto.
The way I think about it is, who’s looking to bid SOL, ETH, or any other crypto shitcoin when you have real companies trading 30%+ below their ATHs?
Crypto is competing for the same capital, except most of these coins have little to no direct exposure to the AI trade that’s been driving equities.
I think crypto has far less to gain from AI than traditional equities, and as a result, most coins could remain out of the limelight for a while.
There will obviously still be outliers with unique catalysts and actual demand (HYPE, TAO, PUMP, etc.), but I struggle to see a reason for broad altcoin strength in this environment.
Wouldn’t surprise me if we’re entering a deeper bear market where we see true capitulation & BTC trading in the $42k–$48k range.
What’s y’all’s thoughts
blew my port again
respected my rules most of the time so I'm not that mad, I just bought slop on slop and accumulated small losses
These last few days I was thinking "lack of confidence, I need to buy smth" instead of "there is no trade here, sit on your hands"
I'm getting closer to finding smth that works for me
I know I've been clicking buttons without putting a single thought behind it for the past year and a half, it hurts to see you've spent that much time on smth only to realize you were acting mindlessly.
Hoping market gets better in the next few days so I can actually practice with my set of rules.
if you're down a significant amount of money from memecoins, let's say multiple 5 figs, do this :
everytime you zero out you play russian roulette with one bullet in the chamber, the more you zero out the more you shoot the gun the more focused you'll be cuz your life legit depends on it.
Day 6
on for 6 hours
was down .6 then b/e and then down again cuz bought coal out of boredom, need to work on my patience even tho today was straight coal