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Spicy

@spicyofc

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• Ex-Prop Trader • 7 Years Crypto • I'll teach you to take better risks.

in the orderbook
Joined June 2018
Don't wanna be here? Send us removal request.
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@spicyofc
Spicy
5 months
I made 124% in 2023 For context: I trade breakouts on the 1min timeframe on high volatility altcoins. Here are the biggest mistakes I made that year: 🧵
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@spicyofc
Spicy
3 years
Sigh, bull run cancelled.
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@spicyofc
Spicy
2 years
1.8 million people follow a guy who threw a rainbow line onto the bitcoin price chart, called it a quantitative model while calling for $1mil USD per coin. His content consists of reposting the same rainbow line over and over again. Let that sink in.
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@spicyofc
Spicy
10 months
POV you trade mean reversion:
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@spicyofc
Spicy
1 year
Losers smoke weed High Estrogen nerds smoke vapes High testosterone, very cool, high charisma gigachads smoke cigarettes
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@spicyofc
Spicy
3 years
A short story... ft. @CryptoCobain
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@spicyofc
Spicy
4 years
It is time to post my masterpiece yet again.
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@spicyofc
Spicy
3 years
I just got called weird because I enjoy drinking hot water. There's no fucking way that I'm the only one right?
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@spicyofc
Spicy
1 year
“You just have to make 1% per day and you’ll retire from compound gains bro!” 💀💀💀
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@spicyofc
Spicy
1 year
If you have a small networth, you're better off wagecucking and building valuable skills rather than trading. Better to have guarenteed 50k/yr coming in rather than "might get 50k or might get rugged for everything." Trading is only worth if your potenetial yrly income is big
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@spicyofc
Spicy
1 year
Very very true.
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@RNR_0
Romano
1 year
Post unrealized PNL screenshot Price will immediately go the other way
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@spicyofc
Spicy
1 year
@KoroushAK Neither of them. Because they opened the long on FTX
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@spicyofc
Spicy
3 years
this one's going to the history books yeah?
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@spicyofc
Spicy
3 years
Japanese food is superior to all other food and it's not even fucking close.
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@spicyofc
Spicy
2 years
@smileycapital @Morpheusresist @TrueGeordieTG 💀💀💀💀💀💀💀💀💀💀
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@spicyofc
Spicy
9 months
1) Are you a new trader and don't know what timeframe you should be trading? Answer: The 1 minute. Stop swing trading and start scalping.🧵
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@spicyofc
Spicy
3 years
@disclosetv I mean...
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@spicyofc
Spicy
1 year
I made 50% returns on my account last month primarily by hitting into low-timeframe breakout trades. Am considering dropping a thread on how I executed those trades. Who's interested?
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@spicyofc
Spicy
2 years
@binance Thoughts?
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@spicyofc
Spicy
7 months
It took me far too long to send a message like this. I’m glad I finally hit send.
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@spicyofc
Spicy
7 months
I've been Trading for 7 years Here's something I wish I told me earlier: The feeling of "I don't think I'm going to make it... I think maybe this is too hard" is the normal response when you're heading in the right direction. This is where 99% of people quit. Keep pushing.
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@spicyofc
Spicy
9 months
Since I found her, I have been more motivated to win. Wholesome girls are +EV to your overall performance. Few understand this.
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@spicyofc
Spicy
1 year
1) It's time for my June 2023 Performance Review thread! Normally I don't do well in June but I absolutely cleaned up this year, booking a profit of +45.68%.
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@spicyofc
Spicy
2 years
One million, eight hundred THOUSAND people. This is mindblowing to me.
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@spicyofc
Spicy
2 years
Bruh what are these rules
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@spicyofc
Spicy
7 months
1) This made me a better Trader: Simplifying my strategy = Made it easier to execute Easier to Execute = Less mistakes made Less mistakes made = Less money Lost Less Money lost = More total Profit Example below: 🧵
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@spicyofc
Spicy
6 months
Leverage is not a profit multiplier. It's just a tool to help me get the position size I want without leaving my whole stack on an exchange. I don't use it to boost my profits, I use it to reduce my risk. I think most people have it backwards.
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@spicyofc
Spicy
11 months
Your life is actually quite great. Don't believe me? - you have a roof over your head - you can shower whenever you want - you have access to food, water and electricity You're luckier than you realize. GM
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@spicyofc
Spicy
1 year
I believe spoofing should be legal. It’s a fair function of the market. Spoofers still have to take on risk of their orders being filled… so what’s the issue?
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@spicyofc
Spicy
4 years
if you're short btc rn I bet you look like this.
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@spicyofc
Spicy
2 years
Whenever I feel upset I just enter a maxed out long position, risking everything I have + with the potential risk of going in debt. Living on the edge is when I feel most alive. and it cheers me up. Should note that a solid and reliable alternative that I have found is heroin
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@spicyofc
Spicy
8 months
1) I was stuck for a LONG time with trying to learn how to trade. Here's how I got myself UNSTUCK: 🧵
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@spicyofc
Spicy
1 year
1) I'm dropping this far too late into the month (mybad), because I was juggling several things at once. Better late than never though... Time for my March Performance Thread:
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@spicyofc
Spicy
8 months
My biggest trading mistakes have ALWAYS come from the same thing: - Not being able to say "fuck it" and walk away from the computer when I was angry OR even worse... euphoric. Solution: - write down your triggers. - be disciplined with following your trigger rules. GM 🌞
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@spicyofc
Spicy
9 months
1) Beginner traders who happen to be perfectionists really struggle in the early stages. Why? Because perfection doesn't exist in trading. If this is you, I will offer you a perspective shift: 🧵
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@spicyofc
Spicy
3 years
Oh you had limit sells at $2 on $COPE? Thanks for your liquidity, peasant trash. We're sending this coin to Valhalla and beyond.
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@spicyofc
Spicy
2 years
1) IT'S TIME For my February 2023 Performance review thread. Ended the month with +51.64% PNL, which is absolutely outrageous. Markets have been overly generous this month. I'm going to assume moving forward from here it's going to be ALOT harder.
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@spicyofc
Spicy
1 year
Who else has the balls to post literally every single trade, share their daily PNL and their losses with 0 shame? Very few on here. Your "role models" on here only post their wins and are too scared to update their losses.
@spicyofc
Spicy
1 year
Hit my drawdown limits for the day. Finishing today at -3.13%
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@spicyofc
Spicy
1 year
I've been trading for 5+ years. I think it's time I drop a thread on my TOP 5 mistakes over this time. Who's interested?
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@spicyofc
Spicy
8 months
Want to become a Full-Time trader? This might offend some of you: Don't bother unless you already have your finances sorted. There is no way you'll be able to perform properly if you need to do well just to be able to pay your rent next month. You CONSTANTLY need a clear head
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@spicyofc
Spicy
8 months
Your odds of succeeding as a Trader are nearly 0% if you smoke weed. Remove this poison from your life immediately.
@hubermanrules
Huberman Protocols (not Andrew Huberman)
8 months
The more potent the THC... The higher probability of developing psychosis, major depression, or a major anxiety disorder later in life Use wisely (the sh*t they have today is POTENT AF)
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@spicyofc
Spicy
8 months
Ask yourself what sucks more: - the pain from staying a losing trader - the pain from doing the boring shit that profitable traders do. Journaling, Screenshotting, Reviewing isn't fucking fun but it gets you results. Just do the fucking work. GM😤
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@spicyofc
Spicy
4 years
Crypto X Crypto
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@spicyofc
Spicy
3 years
WE'RE FUCKING SAVED. IT'S BACK ON
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@spicyofc
Spicy
3 years
Gonna send her that risky DM and then raise the leverage on all of my positions
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@spicyofc
Spicy
3 years
Do you not know who I am? I am Spicy the top-buyer I will eat through every single fucking penny of liquidity at the ATH and bathe in the blood of the bears. My money is where my mouth is at. You wanna take the other side of me? Bring it the fuck on.
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@spicyofc
Spicy
7 months
I was stuck as a losing trader for a long time. This changed when: - I started journaling my trades/screenshots - journaling my thoughts/feelings - reviewing my performance at end of week/month Stop trying to earn Start trying to learn instead.
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@spicyofc
Spicy
4 years
This is beyond shillnye level of cringe. 35 seconds of my life has been depleted for absolutely no reason at all.
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@spicyofc
Spicy
2 years
Weed is a -EV drug There is almost no valid reason why you should be consuming this poison🤷‍♂️ So far the only instance where I can see it makes sense is for medicinal purposes to specifically target stomach pain where standard painkillers don't do the trick.
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@spicyofc
Spicy
3 years
$COPE Orderbook update: everyone on the bid side is a fella everyone on the ask side is subhuman, low testosterone filth.
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@spicyofc
Spicy
3 years
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@spicyofc
Spicy
9 months
The more you take trading seriously, the more you start seeing that every decision you make is a trade. Every decision in your life has a cost, a risk and also a potential reward. Quite interesting how the lessons in trading are transferable over to IRL. GM 🧘‍♂️
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@spicyofc
Spicy
7 months
1) I lost too many trades to this 1 mistake. Have you ever had your TP swerved by a few ticks, only to see price completely come crashing back down and then get stopped out? Here's how I dealt with the problem: 🧵
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@spicyofc
Spicy
3 years
BEAT MY RECORD AGAIN!!!!!!!!!! DID 9 PULL UPS IN A ROW TODAY IM SO FUCKIHNG HAPPY ALKJASDLKFJALSKDJF LETS FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO ACTUALLY GONNA FKN MAKE IT!!!!!!!!!!!!
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@spicyofc
Spicy
8 months
I've been in crypto for 7 years now Here are the highest ROI decisions that helped me improve my trading: - no more trading while tired. - no more trading while sad/angry - no more trading while euphoric - no more trading in low volume regimes
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@spicyofc
Spicy
5 years
Son of a bitch
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@spicyofc
Spicy
3 years
I will gain weight and reach 65kg by the end of this year. It is inevitable at this point. Motherfucking inevitable.
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@spicyofc
Spicy
6 months
For every 1 person who is flexing their huge P&L, there are probably 10 others who got silently liquidated. The idea that "everyone is winning right now" is an illusion. Focus on yourself and ignore the noise.
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@spicyofc
Spicy
4 years
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@spicyofc
Spicy
7 months
Free Alpha: If you ever wondered why you've been struggling trading the Long side on Thursday then this might be why: BTC has a negative skew on this particular day. The only year where Thursday had a positive average return was the 2020 bullrun. source: data from 1 Jan 2018
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@spicyofc
Spicy
7 months
1) Here's how I became more profitable: Instead of trying to do more, I just did less. 🧵
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@spicyofc
Spicy
7 months
Free Alpha (maybe take it with a grain of salt and DYOR⚠️) Concentrated Orders vs. Diluted Orders When hitting into a breakout, it feels easier for me when there is empty space to the upside rather than an overhang with a bunch of limit sells. examples:
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@spicyofc
Spicy
1 month
I've been Trading for 7 years. if I had to start again from scratch, this is how I would do it Thread: 🧵
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@spicyofc
Spicy
1 year
$5,000,000 USD is not enough to retire.
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@spicyofc
Spicy
8 months
A hard reality I had to face as a trader: I had to become my own psychologist No one was coming to save me or tell me how to improve. I had to figure it out on my own Best way to start working on your own emotional management is by starting MEDITATION 🧘‍♂️ It's an A+ Skill tbh
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@spicyofc
Spicy
3 years
I'm the guy on the left, trying to become the guy on the right. currently 54kg, eating roughly 1700cals/day. I'm doing my best to eat more and go gym more. Any tips for a noob like me?
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@spicyofc
Spicy
4 months
I keep telling myself that I am lucky and the universe continues to prove me right.
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@spicyofc
Spicy
8 months
1) Do you want to lose less from your losing trades?🧵 - Open up the last 30 losing trade screenshots - Open up the last 30 winning trade screenshots What patterns mainly exist in the losers that don't really show up that often on the winners?
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@spicyofc
Spicy
7 months
Life hack I am exploiting: Spam myself with positivity on a regular basis to psyop myself into feeling happy and grateful. Especially during times when I feel like shit, this is quite an overpowered method. Everyone has a reticular activating system. Take advantage of it.
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@spicyofc
Spicy
5 years
3 magic questions in order of priority: 1. how can I lose less money from my losers 2. how can I make more money from my winners 3. how can I get more trading ideas I stole these 3 from @Trader_Dante , but I think they are super important and every trader should address these
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@spicyofc
Spicy
8 months
How I started quickly improving at trading: I stopped looking for the next magical shiny indicator. Instead I started looking for my mistakes and problems and solving them 1 by 1. The alpha was in my errors all along. I got better as a byproduct of getting "less worse."
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@spicyofc
Spicy
3 years
1) 2021 Yearly Performance Review Thread: 🧵 Ended the year with +47% on my account. I actually underperformed buy-and-hold of spot BTC which is really disappointing. My systematic trading outperformed it but my discretionary trading is what destroyed me this year.
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@spicyofc
Spicy
3 years
im always the smallest guy in the gym. FR have not seen anyone skinnier than me. bullish on insecurities
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@spicyofc
Spicy
6 months
1) I've been trading for 7 years. The best indicators which helped me aren't price-based ones but actually non-price based ones. Examples: Volume Open Interest Spreads If I'm already looking at price I don't need to throw on another thing which is correlated to it (like a MA).
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@spicyofc
Spicy
1 year
If you haven't experienced this feeling you legally aren't allowed to become a good trader.
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@spicyofc
Spicy
4 months
The Traders who keep trying despite constant failures and setbacks are going to make it. The ones who give up when things get hard and painful get chewed up by the market. I don't think it's about IQ I think it's about grit.
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@spicyofc
Spicy
6 months
Before you place a Long Position: Throw the short tool onto your chart. If you were your counterparty, where would you like to place your entry/stop/target? Thinking like the guy who's on the other side of my trade helped me understand market conditions better.
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@spicyofc
Spicy
2 years
Went to the mental asylum in search for the forbidden psychussy. It was a mistake.
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@spicyofc
Spicy
1 year
Attempted to be smart and ghost her for a calculated period of time in order to psyop her into missing me. She lost interest.
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@spicyofc
Spicy
3 years
After performing extensive, in-depth analysis of the previous 48hours, I have come to the conclusion to that I am in fact retarded.
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@spicyofc
Spicy
2 years
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@spicyofc
Spicy
8 months
How to quickly improve as a Trader: - Journal your recent mistakes - Identify the ones which appear the most or do the most damage - Create a plan to fix those mistakes. (or at least reduce the impact of them) Getting less worse at trading = Getting better at trading.
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@spicyofc
Spicy
3 months
Hot Take: It's hard to have normie friends while you on the pursuit of Trading. They don't get any of the struggles you go through and the majority of the conversations have nothing to do with self improvement. Normie friends are anchoring you from winning.
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@spicyofc
Spicy
5 years
Spent more than 10hours in bed yesterday curled up in a ball, anxiety levels are through the roof atm. I hate to say it but I think it's time to take a break from grinding and try reset my mindset. I'll still be actively trading but I'm gonna take it easy with everything else..
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@spicyofc
Spicy
3 years
everyone made 10-100x this year and i didn't even 2x. Had a couple of major fuck ups and didn't have the balls to go hard into altcoins. I'm ngmi 😔
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@AlgodTrading
Algod
3 years
I’m up like 30x this year but somehow feel i underperformed really hard How is your portfolio doing YTD?
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@spicyofc
Spicy
6 months
Gentle Reminder: if you make life-changing profits, go and actually take that profit and change your life. Sure the market can go up even more but who cares. The point of why we are doing this is to improve quality of life, not to increase the number on the screen. GM
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@spicyofc
Spicy
1 year
I've been trading for 5+ years. Only the experienced truly understand how big of an impact your psychology has on your performance. I'll be dropping a guide on how to clean up the mess in your head to become a better trader. Coming soon.
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@spicyofc
Spicy
9 months
If you haven’t retired your parents yet, then you probably shouldn’t care about some silly GTA 6 game. GM
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@spicyofc
Spicy
1 year
So I was sitting next to this woman on the plane. She seemed friendly so I started talking with her. ... Until she directly said that it's misogynist of me to like feminine women. This was my first irl encounter with one of these creatures. jfc...
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@spicyofc
Spicy
8 months
A Dumb mistake I made years ago as a new Trader: - Big account posts a coin they are bullish on - I buy the coin because I blindly trust them - I get stopped out If you want to get good you can't rely on others. Become self sufficient.
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@spicyofc
Spicy
1 year
new ATH soon. Go on, tell me once more how: - "low R:R setups are bad" - "you shouldn't be longing resistance" So why am I allowed to have an inflated ego? Because of how much hate I get despite my transparency. I am entitled for greatness and nothing will get in my way. 😤
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@spicyofc
Spicy
1 year
We clawed it all back fellas LFG 😤😤😤😤
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@spicyofc
Spicy
8 months
If you're a new trader and you printed a fuckload of money lately, You're not a good trader, you just got lucky and you're overleveraged. If this triggers you, I'm 100% correct. If this doesn't trigger you, then you're probably on the right track with managing your ego. GJ 🤝
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@spicyofc
Spicy
2 years
@DejaRu22 @FrazzleDazzzled At 2:53 it felt like he was speaking directly at me... and it hurt. Felt like a blade being driven right through my soul. But not in a negative or toxic way. Truth can hurt. :/
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@spicyofc
Spicy
9 months
Trading isn't for everyone. If you fail again and again this game isn't for you. Sorry, but you just aren't built for it. --- Most people will read the above and be upset with themselves. But the few who say "Fuck you Spicy, just watch me make it," are the ones who will win.
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@spicyofc
Spicy
7 months
As Traders, we're still Gamblers. Anyone who says we aren't is just coping. You aren't entitled to a positive outcome just because your bet is +EV. Even if that bet is backed by data, we're still just monkeys who are at mercy to the market. Surrender to this fact.
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@spicyofc
Spicy
7 months
I'm cautious about this pattern as a Momentum trader. A vertical pop up into resistance with a thin order book to the downside is not what I want to see before trying to long the breakout of resistance.
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@spicyofc
Spicy
8 months
Want to overtake other traders? Every Sunday open up all of your trade screenshots from your trading journal and review them. Ask yourself 3 questions: - What did I do bad this week? - What did I do good this week? - How am I going to be slightly less bad next week?
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@spicyofc
Spicy
6 months
I've been in 2 bull markets prior to this one. Once the music stops, it's not a "gradual fade out", no. Everything just nukes and a bear market begins. Experiencing this twice is a reminder to myself to take profit and rebalance if I'm doing really well.
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@spicyofc
Spicy
7 months
The outcome of the next trade doesn't matter. The outcome of the next 300 trades does. Focus on the process.
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