You have two options:
1. Go outside. Make friends. Travel. Amass life experiences. Light work to pay bills.
2. Lock absolutely the fuck in and get rich or die trying.
Attempting a balance will lead to mediocre results in both.
Better to commit 100% and cycle between them.
yo bro i know you're probably on CT and will see this
i've been watching you nurse an underwater position for the last 2 hours
its time to close it champ
rip off the band-aid
Her dream:
$60k engagement ring, disney wedding, honeymoon in maldives, mansion in south of portugal, 2-3 summer homes, 2 beautiful children, monthly vacations, a pottery business that loses $30k/mo
Your dream:
a single green candle on ETHBTC
Cant tell if I'm jaded or losing touch but I genuinely hate this cycle.
Something about it is just so disgusting.
It's like we gave up concealing any sort of game theory and a large chunk of the space is just overtly scamming each other.
Defi was cool. Memes were fun. But it
If you think work-life balance is more important than eating shit for a while to take a stab at generational wealth you may as well just acquire your chubby wife and Dodge Grand Caravan now, you absolute retard.
i just vaped in the airplane bathroom and the alarm didn't go off
then i went back and vaped a thc cart and the alarm still didn't go off
they've been lying to us for years
want to become a better trader? try this exercise
fresh account: $100 balance (or w/e your comfy losing)
only 2 rules:
1. 100 trades
2. maximum time limit for every trade
e.g. 5min max.
any time your trade has been open for 5 min, close it. no matter the pnl
after trading for more than 4 years, i have accumulated a wealth of actionable insights gained from top traders, mentors, and my own experience
i've compiled these insights into bite-sized trading tips which you can use to accelerate your trading journey
a thread 🧵 👇
trading is honestly really easy
all you have to do is accurately predict price fluctuations better than traders with more experience than you, funds who have more money than you, algorithms that are faster than you, and phd quants that are smarter than you
firm believer that you need at least some level of mental illness to make it as a trader
autism, schizophrenia, ocd, sociopathy/psychopathy, etc are all superpowers here
scalping is actually one of the best things you can do as a trader despite fees being a pain
you get to reduce opportunity cost, reduce risk to black swan events, increase sample size (esp great for new traders), and enjoy a number of other advantages
imo one of the biggest demons traders possess is trying to trade all the time
the desire to generate income every day like a wage is the fastest way to give back your gains
even seasoned traders suffer from the dopamine addiction trading brings
pick your battles carefully
time for some alpha
both of these images have similar scaling of orders
however, the one on the right avoids liquidity deadzones and helps you conserve ammo for more efficient pricing
what are liquidity deadzones?
GCR 100% sold his account
comparing his early tweets to his tweets now
completely different in almost every way, the language, the nomenclature, the phrasing, practically everything
people don't change that radically that quickly, regardless of personal situation
you're telling me there's an investment opportunity where my upside is capped at 7% but i risk to lose 100% in an environment where black swan events are increasingly more common?
where do i sign up
if you want to be a trader become schizo
im srs
talk to yourself while you trade. try to audibly, or in your head, explain why you're doing what you're doing
or talk to an imaginary audience
this will help you learn if your trading decisions are backed by logic or not
its not a rolly, an RM, or an AP and im honestly not much of a watch guy
but ive always liked the look of ATs and thought it was deserved
a small token of self-motivation going into 2023
dont forget to invest in yourself, anon
extremely predictable squeeze
basically what happened there was funding arbitrage perp spot cvd macd golden crossover fibonacci ratio oversold overbought rsi premium call spread iron condor strangles and obviously the seventeenth corrective elliot wave
work smart not hard
3 cycles and counting
your classmates have real careers, fulfilling relationships, and bright futures
all you have is evidence of your mistakes in metamask
you will try to trade aptos
and you will get annihlated
doesn't matter if you buy, sell, hold, swing trade, scalp, whatever
it's literally designed to part you from your money in every way possible
i know you'll still trade it though so best of luck degens 🫡
i don't think i've ever tweeted a single political thing on this account
but holy sht this is possibly the most dystopian irl scene i've ever screenshotted in my entire life
borrow money from credit suisse with small collateral
make horrible bets with said money
lose credit suisse's money
short credit suisse because your overleveraged bets created systemic risk
profit when credit suisse drops 80%
insane drip
turned $215 into $9k+ on dogechain and finally got rugged
good speedrun 10/10
going to deposit onto the bridge again this weekend when im 6 tequila shots deep for round 2
no one with significant edge in trading is going to spoon feed you their edge and give it away
after you learn core principles, it's time to stop seeking out trading education and start putting in massive amounts of chart time
find your own edge
am i reading this correctly?
this dude has a long on APE at $14.688, presumably still open from 7 months ago
and he decided to finally hedge it with a short at $3.457
dude
mom, you dont understand
its not gambling
see this little purple line? its called RSI
it tells me exactly where to buy and sell
i literally cant lose money
trading is easy
imo burry is just like the rest of us
almost entirely clueless, coping when wrong, gloating when right
the big short was a travesty for young investors that thought it was educational
considering he almost got btfo, it should've been called the big lucky [redacted] tbh
Eat shit almost every day for multiple economic cycles while holding schizo-level conviction in a completely digital and virtually invisible asset class.
Just so your former classmates and hometown friends can say you "got lucky."
i promise you that unless you're a demi-god; a descendant of zeus himself, you aren't going to be a jack of all trades covering scalping, swing trading, long-term investing, defi, angel investing, etc
figure out what aligns with your personality and double down on your strengths
shill me good series
good ones i have recently watched:
- the boys
- peripheral
- severance
- succession
- better call saul
- white lotus
- house of dragons
- black bird
- rogue heroes
anime:
- chainsaw man
- cyberpunk
- demon slayer
- jujutsu kaisen
even tho arthur viciously robbed me hundreds of times on his exchange at least he was honest and straightforward about it
sam out here pretending to be an angel while pillaging his users and the entirety of defi and then deciding to become a regulatooor
team hayes forever
only with trading can you wake up and lose someone's monthly salary before most people even had their morning coffee
i do this after taking a massive L:
- stop trading for the day
- think about the mistakes i made
- think about how to fix them
- keep clicking (tmrw)
If you didn't know, Rollbit founders already exit scammed once
I guess we're going to let them do it again
We're so pathetic that we even let Su Zhu come back with the OPNX scam
I pray we grow up one day
"he only profits a few grand a day, thats my daily fees, what a fkn loser"
uttered the broke larp with shaking hands, leeching off of his mother in her basement while freezing because his family can't afford heat
your brain's primary goal is to avoid you experiencing pain
a losing trade = pain
this selection bias creates a distorted reality of the price patterns in front of you
your eyes see only what they want to see
wake up neo
the beginning of most careers starts with finishing a bachelor's degree
this takes about 4 years or 10,000 hrs at 8hrs/weekday
why would you expect trading to be any different?
put in 10k hours, then you get to actually 'start'
my thesis: the west will enter a 30 year bear market
analysis: anime becoming popular in the 80s was clearly the top signal for the entire japanese economy
everyone i know in 2022 is a massive weeb and 90% of you have an anime pfp
it's fkn over
My flight to Vancouver was cancelled and it cost me $10,000 to take the ferry instead.
Hold up… $10k for a 90 min ferry?! 🤯
Well, sort of.
To ferry from Victoria to Vancouver costs $160 and 3 hours 15 minutes of my time. ⛴️
To take a sea plane costs me $220 and 1 hour 15
just cried for 10 minutes from trading
not because i lost a trade (imagine) but because i took such a god tier short trade that it literally made me tear up thinking about how incredible i am as a trader
lisbon day 3:
i am surrounded by 200 iq builders, quants, defi pioneers and of course, the mev cartel
they still dont know i just click the green and red buttons
update: i continue clicking
a reminder for some of you
you can only make it if you survive
no single trade is worth your entire career or account
adapt to the market, compound small gains, enter size on high conviction, and most important of all: don't blow up at the bottom
most professional athletes have been practicing their sport of choice since they were kindergarteners
you're whining about not having made it after drawing trendlines for 2 years
long way to go
if you're sitting in an underwater trade that you know you should've cut a while ago there is a simple remedy
go to the bathroom, splash your face with cold water, look in the mirror and call yourself redacted
then walk back to your pc and smash market close
onto the next