What’s your user name based on?
I had a Stingray Corvette in college that I built myself, I would pour every $ and free time I had into it.
Toward the middle of college I was convinced I could become a trader, I studied trading/charts/orderflow more than I went to class..
Just
My Major Alt Positions aside from $SOL:
$CROWN (biggest Gaming bet, Thirdtime & co are legends)
$BLZE (LST narrative, this will feed off the hype imo + FDV tiny)
$FLUXB (T22 narrative, once shitcoin season kicks off -> more ppl will use Flux/fluxbot)
$PYTH (x-chain Oracle)
wow just realized it was about this time 4 years ago that I really got into trading, sinking every ounce of energy I had into it. For three of those years it was my sole source of income.
Trading has taught me so many things and caused some of the lowest points in my life but..
Wrapping up my trading for the year, a few things I want to get done the next few weeks heading into 2022:
-2021 Year in review
-2022 macro outlook
-2022 Q1 Thesis
-Full top down trading plan and Risk framework (spot, margin & add Defi/NFT frameworks) example below.
Lessons/thoughts from my first year as a proprietary trader:
These are opinions & thoughts from my experiences, I welcome any opposing views.
-screen time, screen time, screen time it really is everything
-I think many people think being a pro trader is a glorious life...
Something my trainer said to me that stuck:
“many think being a professional trader means using complex strategies/tools to execute, in reality it’s perfecting the simplest strategies, executing them with high efficiency & knowing when to not excecute them at all”
Pretty surreal to see this & over $10M in volume traded on Tensor in a single DAY⚡️
To literally everyone who believed in us, used the platform & supported us at
@tensor_hq
during the good times & bad, THANK YOU SOLANA❤️
PHOTO FINISH RACING 2🐎🏁
Developed by Third Time Inc.
Indie gaming studio meets Solana & NFTs, my biggest sleeper bet on gaming in the $SOL ecosystem
@photofinishgame
👇
Was cleaning through some boxes and found some notes from my first year trading in equities.. almost everything (except for
#11
) still applies..
I remember writing these basic rules out and covering my walls with notes to myself.. now they’re engrained in my trading!
Completed my Jurassic Mist
@Claynosaurz
Herd just in time.. 😉🌋
Massive shoutout to
@swivaljaw
for helping me secure the missing pieces & the only 9/9 Mist herd 🌴🦕
Extremely happy to announce that Tensor has just made its first hire! 🔥
Welcome
@KRTrades_
to the team 🤝
Sting has a sic bck in markets and trading and will be leading our BD and liquidity management efforts. 📈💦
Tensor team is now 3 ppl lol. LFG. 🚀
$BTC
Looks like a pretty clear sweep of the range high that BTC has been building for the past 9 mos.
Clear target at Mid-Range + Liq Void with potential first trouble area at 22.8k (pmVAL + high volume node)
Some alpha for ya from my observations journal, this isn’t gospel but combine this with a few other tools and you’ll start to see a pattern I’ve been able to play very well on LTFs in btc recently ;)
rmbr when everyone was bearish on $SOL and NFTs and i literally bet my whole career on both
The amt of conviction I had in Tensor and solana NFTs was prob certifiably insane
oh and this was *checks notes* nov 2022.. yea lol kinda wild
Monthly/Weekly/Daily Opens TradingView Script;
Made a few tweaks to
@TraderX0
's script to plot the Monthly and Weekly Opens along with the Daily.
I mean... price is fractal right.. ;)
To find on TradingView search 'mwd_xo_opens'
Enjoy & Share if you'd like!
When I’m trading I usually have a 3 strike rule:
This means I allow myself 3 tries on a thesis with defined risk
— if I’m wrong & I keep trying, I’m forcing my bias on the market not trading what’s in front of me
My bull market bread & butter play book is 2 things:
1) wait for overlev wipeouts into HTF support on $BTC, bid your fav strong name hold for a few hours to week (see yday)
2) wait for very hyped airdrops, buy the rounded bottom as ppl sell their ‘free money’ -> ez 50% to 2-3x
Scalping PnL for the past two weeks;
Started out rough and was exaggerated by tilt after a large loss, but was able to turn it around making it one of my quickest recoveries and strongest runs yet!
Big shoutout to
@Glimmerycoin
for helping me take my game to the next level✊
That time of the year again -- was putting it off a bit this year but im literally just doing myself a disservice
Everyone wants to flash big PnLs and 10R trades, but not many traders do the un-sexy work to get there.
Another Month in the books.
Equity curve from 8/17 to 9/19
This one put me to the test, as my account grows the $ losses are getting much larger & have started hitting me harder mentally; losing a month’s salary in a trade has been a huge learning experience..
Net gain: 72%
After a year of moving every few months and trading on the go while I explored the beautiful city of Sydney, it’s so nice to be home and finally have my setup going again... time to get back to work 😉
Got some surprises lined up for BTC MP members 👊
Loaded up a fresh wallet with 1 btc for some longterm holds on Runes, heres how I split it up:
- 50% RSIC
@rune_coin
- 15% Waddle Waddle
@WaddlePenguRune
- 15% GOB
@gob_btc
- 20% Low caps (ie Saiko or new etches doing alot of volume)
Bitter sweet feeling right now, I think it’s all starting to finally hit me.
About 2 weeks ago I left the firm where I started prop trading career; The year was filled with tons of lessons, mistakes and adventures...
My Major Alt Positions aside from $SOL:
$CROWN (biggest Gaming bet, Thirdtime & co are legends)
$BLZE (LST narrative, this will feed off the hype imo + FDV tiny)
$FLUXB (T22 narrative, once shitcoin season kicks off -> more ppl will use Flux/fluxbot)
$PYTH (x-chain Oracle)
Feels like every decision I’ve made & everything i’ve done in my career is all coming together
Prepping for my version of the Olympics, time to lock the fk in
What I love about
@ProjectSerum
&
@solana
is that as soon as one Liquidity Pool is setup, it doesn’t matter what DEX or GUI you go through you have access to all the liquidity...
Much more capital efficient, and easier to build on knowing you can instantly tap into liquidity.
Super stoked to launch the project I’ve been working with
@7ommyZero
on, a course for traders of all levels who are interested in learning volume/market profile..
Trading Market Profile: Bitcoin
You can check out the website for more information!
I went on Crypto Entrepreneurs podcast recently and had a great chat with
@CryptoCharles__
about my trading and journey as a trader, hope you guys enjoy! Thanks for having me on Charles it was a blast!
$RUNE (
@rune_coin
)
Still my fav proxy for runes as a whole, RSIC been putting on a clinic every step of the way
I may not be as loud as your fav influencer but when I have conviction y’all better pay attn 😉🤫
I just keep longing $SOL on every ltf failure pattern to the downside and I’m gonna keep doing it til it stops working.
One of the easier rinse & repeat plays in price discovery
Check out this awesome thread of my old trading rules by
@visualisealpha
!! Had an awesome time chatting with him and love the way it turned out, cheers mate!
Over the last week or so I've had the pleasure of working with KRTrades who kindly let me work his old trading rules into some visuals. While they have changed and evolved, I believe they still offer some fundamentally sound advice.
21 TRADING RULES by
@KRTrades_
Imo FLUXB has the most upside still as it hasn’t really run & I think no one really understands the value
PYTH & JTO I think will be interesting plays that still have upside but will be lower relative to the size -> rinse repeat on JTO like we did on PYTH airdrop
We appreciate all the positive feedback we’ve received!
To say thank you we’re giving away (1) free month membership to our journal for Aug; to enter:
- Follow
@bitdealer_
& I
- RT & like this post
Winner will be picked & added on Mon Aug 5th
(Current members are eligible!)
Scalping PnL for the past 4 weeks since I posted my last update.
Theme of this month has been taking a step back & clipping down when the market gets into a lull;
Main take away is not holding my losers, all of my big losses have been from being stubborn/not taking the L
Had to support the homies & a team I’ve gotten closer with in the last few months
Can’t wait to see what y’all do with
@MeegosNFT
🫶🔥
MeeList
MeeBoard
MeeJump
Mee.. Arcade? I’m here for it
The next few years for me is about surrounding myself with talented & passionate traders/builders
Theres been so many times in my career I thought "I can do this better" but lacked a support system to bounce ideas or a team that was simply as obsessive as I felt..
I got my
I wanted to take a minute to say thank you to all of you who follow me & helped me reach 5k followers!
The best part about twitter is being able to meet & collaborate with other skilled traders, anyone that’s been in this game long enough knows what a lonely sport it is,
Any trader knows.. making money isn’t hard.
Being consistent and keeping your losers fractionally smaller than your winners, now that’s the hard part for most.
one of the biggest trades of my career was putting a chunk of my nw in sandbox land ~5 mths ago, I was so convicted in this idea i shilled the Metaverse play to anyone who would listen
That being said, I’ve exited my LAND as I think there’s better trades rn, gaming continues..
2/ Theres no doubt I wouldn’t be where I am today with out it. More importantly though, the journey that it led me on introduced me to some of the most genuine, kind hearted and intelligent people in my life & given experiences I can never forget!
I distinctly remember being on a call in Nov with
@_ilmoi
pre joining the team.
The question was what VC would touch Solana and more specifically back Tensor..
$SOL was at $9, everyone was saying NFTs were over..
We ran through the scenarios, but all the conclusions were
A lot of traders want a pullback to long an ATH break, but rarely does it have a perfect retest.
1) smashes cleanly through the level & hesitates before resuming
2) rinses below the breakout point to stop leveraged traders
Play the momentum or don’t. The choice is yours.
Unpopular opinion: one entry/stop/target is not the only way to trade...
More often then not when I’m scalping my first entry is wrong.. that means I’m either averaging in WITH A PLAN or I’m taking paper cuts until I nail the backside of the move..
This cycle for me is all about conviction
Conviction I made the right bets with my career
Conviction in my personal book positioning
Conviction in my trading & experience
$BTC
Watching CT over the past week you’d think we went though a Covid crash again
I’ve been quiet but we simply trade plan. No weekly closes below 60k = trend still in tact imo
Long week of calls & hammering things out for Tensor…
I don’t think y’all are ready for what we’ve got lined up.
@tensor_hq
will be the top liquidity venue for NFTs on solana mark my words 😉
Back to building a traders paradise. Have a good weekend lads⚡️🌊
Goooooood morning
@tensor_hq
ATH daily volume at 43k+ SOL
@Claynosaurz
65 SOL FP; vibes unmatched
And uh *checks notes* it’s only March… 2023 is just getting started lads 🦕⚡️