1/ I get a ton of DMs asking me how I trade low timeframe, so did a quick diagram. This is pretty much all there is to it lol. If you have general awareness of where the market is going and what everything is doing, you can make a lot of money just buying and selling quick action
President of El Salvador has just said that you can get permanent residency in the country if you invest a minimum of 3 $BTC. The country will also be running a fund to offset the volatility experienced by merchants at point-of-sale.
Wow.
1/ Aiight, as promised, follow up thread as I hit 50k! 💪
Couple peeps noted that the diagram I drew resembles the market maker model -- that's because it's not a meme, it also works on LTF. Price tends to travel quick over vol profile gaps & comes back to fill them as a range.
1/ I get a ton of DMs asking me how I trade low timeframe, so did a quick diagram. This is pretty much all there is to it lol. If you have general awareness of where the market is going and what everything is doing, you can make a lot of money just buying and selling quick action
Last night I handed in my resignation at the prop firm where I've been fortunate enough to have spent the last 4.5 years as a Senior Trader and the Head of Crypto Research.
Massive thanks to Michael, Mark, and Don for putting me on when I was a broke mf'er with a 7 fig tax debt.
was looking for some metamask keys on an old airgapped laptop and ended up finding a wallet.dat file from 2012...
pray for me lads
if you don't hear from me by tomorrow, I'm on a yacht
3/ The bible for price action in my opinion are the two (?) books by Bob Volman, 'Forex Price Action Scalping' and 'Understanding Price Action'. The latter is my personal fav and what I usually recommend in the DMs.
Good luck!
Proudly introducing...
Private Keys (for Adventurers)
Each NFT is an exclusive black image of your private keys. To mint, just DM me your 12 phrase private key of a wallet with more than 10Ξ balance.
Good luck!!
If you're in your 30s and you've been trading for a few years but only really treading water, keep your chin up and just remember that there is a 23 year old sitting 10th on the
@FTX_Official
PNL leaderboard lmao
Just went through my
@FTX_Official
subaccounts cause I was about to long the tits off $RAY at $10 and saw some open PnL...
Must had accidentally left some dust longs on from 12 months ago LOL.
I guess dinner is on me?
Macro thesis bias conf with
@lightcrypto
, I'm personally expecting a big Q1 with a rotation back to quality, i.e. $BTC, $ETH, defi stalwarts/primitives, profitable dapps outside of emissions, etc
/15 Funds are likely done (or close to it) with structural sell flows, are cashed-up, and will now consider frontrunning the other way, namely, incoming buy flows in January.
Currently on track to beat my Bitmex ROI personal best on Binance Futures, with 22x in 55 days so far.
This time, I started with a fresh account for the leaderboard and to make it a bit harder, with 10x the capital ($10k).
Pushing for $10k to $2.2MM in four months.
LFG
Couldn't hit 100x by Xmas but been on a fkn tear since.
After 121d, I'm up +21,774% (217x). That's CGR of 4.6% per CALENDAR day, from 0.0735 to 16 BTC.
Sadly, on old work account with bulk activity, so no ROE leaderboard but taking a withdrawal and few weeks off.
Cheers! 🥂
To provide our cherished retail traders with much-needed funds for quarantine, and as part of our on-going commitment to fighting COVD-19...
We will be reimbursing ALL liquidations from 20th March 12:00 UTC until 1st April 00:00 UTC!
Stay safe out there.
first popular AAA game to stealth launches NFT functionality and fair airdrops native token or assets to existing players with 100s of played hours will change the discussion overnight
the appeal of play-and-earn free money will quickly drown out the anti-NFT scam narrative imo
Couldn't hit 100x by Xmas but been on a fkn tear since.
After 121d, I'm up +21,774% (217x). That's CGR of 4.6% per CALENDAR day, from 0.0735 to 16 BTC.
Sadly, on old work account with bulk activity, so no ROE leaderboard but taking a withdrawal and few weeks off.
Cheers! 🥂
wait, so anon...
-> BTC on exchanges at 5yr+ lows
-> ETFs own 3%+ BTC circ supply and growing rapidly
-> Genesis GBTC outflows almost finished
-> BTC halving in 1.5 months
-> Coinbase only ranked 252nd on Apple store
...and you're taking profits?
The black line is BTC's price (right scale)
The orange line is the number of BTC coins on all centralized exchanges. (left scale)
Note the trend since January 11 (the start of Spot BTC trading). Straight down as the ETFs suck up the available supply of BTC.
All centralized
There are few finer feelings in life than the realisation that you've become half-decent at something you love doing.
It's made the 6,000 hours staring at the 1-minute chart over the last two years almost worth it.
2/ Patience and conviction are often the hardest points of difference between most traders. Many people get into trades mid range and end up closing at the edges due to fear of continuation offside. Where unsophisticated traders close is generally where you want to be entering.
It's DAY 3 of the
@cubansedge
indicator tour...
So let's dive into THREE tools designed to illuminate the dark arts of asset selection and pair trading, in a market with over 200+ highly correlated futures assets.
Cuban's Asset Screener
Pair Trading Index
and Range Positioning.
Considering Microstrategy's $400MM bond offering is 3x oversub'd, wouldn't be surprised if Saylor went for whole whack like he did back in Feb with $600MM -> $1.05B.
If combined w El Salvador and Coinbase 401k news, I think v solid relief bounce is otw.
*Coinbase Teams Up With 401(k) Provider to Offer Crypto
*Workers at Participating Companies Could Invest Up to 5% of Their Account Balances in Crypto
$COIN
I have some really exciting shit in the pipeline so keep an eye on this space.
If you're working on anything cool and you need a hand or if you're looking for someone who knows how to give the green and red buttons a good press, slide into my DMs with some sauce.
LFGGGGGGGG
I've mentioned couple times
@elonmusk
likely has a grand plan behind
@Tesla
's $BTC purchase, one of which could be transitioning miners to renewables supplied by Solar City.
However,
@CroissantEth
makes a substantially better argument. One of my favourite follows w/ notifs on.
@elonmusk
has had a big impact on crypto recently, & because some of his actions have been a bit unconventional, I was inspired to dig in a little deeper to find out what exactly his “end game” is
& what I’ve found does not disappoint.
I’ll compile all of the info below 👇🏻🥐
This should be great...
I don't subscribe to this particular outlook on $BTC, but we all know that when trading, anything can happen.
So, what would you do if the breakdown from $20k ended up being a multi-year bear market and $14k was just a lower high?
As traders, sometimes it's hard to argue that we provide a physical and immediate social good to the world, so I'm giving away couple of indicators that I built, for a charitable donation of anything over $5-- with all proceeds going to
@SavetheChildren
and
@EFF
.
Giving away a free rare
@ClayPunkz
!
Floor on this rarity is 1Ξ ($3.1k).
Find your favourite clay on OpenSea, post them in this thread and tag a couple friends.
Winner selected at random on Monday 16th August 00:00 UTC.
leveraged sports betting perpetuals
I want to watch some people get liquidated as the odds swing during a live match or a presidential election
who is building this
Biggest life hack? Get up in the morning and go to the gym before you turn on your PC. Afterwards, sit down with that post-lift clarity and physically write a to-do list for the day, and then tick each item off one-by-one as you complete them.
irl PVE quest log, innit
1/ As of today, I have officially come onboard as the second
@perpprotocol
referral partner! 🥂
A big thread below regarding my thoughts on the ecosystem and the direction it's heading.
LETS GO
timeline been filled with pain & doomer tweets for 60d+, crypto has begun $ES decoupling at the lows
most alts down 80%+
$ETHBTC, a risk on proxy, swept the lows a few days ago with decent demand
and $LUNA buying $1B in $BTC -- feels like the short is the crowded trade here