
Mercury
@TraderMercury
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Defensive Bull, playing chess against the market.
Watching Bitcoin
Joined October 2019
I have ~6hrs worth of educational content covering various things from psychology, TA, directional bias throughout the year, searching for setups, and everything in-between. Made a playlist for all the homies grinding during the bear market🤝 Cheers🖤 https://t.co/DWy6v2Thew
youtube.com
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> "plus, 9/10 times it's uneventful; so I've previously found myself mentally cratered for no reason at all." my condolences if this is you right now.
my take on the FOMC event tomorrow is that people attempt to grossly oversimplify macroeconomics to a digestible level: "cuts = this; hikes = that" but it's never actually that simple nothing in macro is straightforward—it’s an endless web of interlinked effects so I simply
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I will continuously berate those that have doomposted for a good portion of the past 5 months, though that will never change.
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we do not mock bears. we should plan to join them one day, in order to secure our profits until then, we fight the good fight in the orderbooks, not on twitter.
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my take on the FOMC event tomorrow is that people attempt to grossly oversimplify macroeconomics to a digestible level: "cuts = this; hikes = that" but it's never actually that simple nothing in macro is straightforward—it’s an endless web of interlinked effects so I simply
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downtrends expose proficiency; they will inevitably do the same thing again in a bear market, on a new ticker they’ve proven that even with years of experience they still don’t understand how to trade a bullmarket cycle and walk away with something to show for it
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stop taking financial advice from people that told you to buy Popcat 87 times as it traded -90% lower no, I didn’t forget neither should you.
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imo a lot of the pessimism isn’t because of direction - we’ve traded higher over the past 5 months, so that’s not the issue I think it’s mainly to do with velocity; people don’t like that moves happen slowly. everyone wants immediate profit after entry, and is underwhelmed when
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there is no glory without risk. people claim to understand this, then proceed to doompost every miniscule pullback for 5 months in a row astonishing behavior
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imo a lot of the pessimism isn’t because of direction - we’ve traded higher over the past 5 months, so that’s not the issue I think it’s mainly to do with velocity; people don’t like that moves happen slowly. everyone wants immediate profit after entry, and is underwhelmed when
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I’ve also been saying this for the past 5 months tho do what you will with that information
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where many see tops forming, I see yet another higher low being established before the next rally goodluck to us all.
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so many on here confessing that they were down tons on $PUMP, but the conviction in their thesis ultimately led to large profit there's no point to this post; I just wanna say congratulations love to see conviction get rewarded, and winners winning. GG well played.
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$DOGE finally ripping just needed to be patient. (we're just getting started)
$DOGE 200DMAs are such a clean representation of trend on this outlook, and we have a major support level acting as confluence along with them additional support with 4H 200MAs as well as long as this region holds, I remain confident in upside already positioned from initial
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I'm thinking $ETH + the rest of the altcoin market is about to show you why it was incredibly fucking stupid to be bearish as it trades above a 4-year range but idk, I'm just a talking space-tree.
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