$BTC Mymacrobottomcall,inonetradeJustaglimpsebecauseeventhoughtherehasbeenanexplanation,therearestillsome(new)peoplewhoareconfusedwhyIamstillstickingwiththe60klevelasmy'bottomcalllevel'.Theanswerisquitesimple,thedifferencebetweenactualtradingandengagementfarming.Wheretheengagementfarmertriestotalkaboutthebottomwithrepeatedpostsaboutvagueandbroadlevelsandnumbers,withthesoleaimofbeingright('wewillrally','wewillgohigherfromhere','alowisforming','Iamclosingmyshort'etc.).Justtobeabletotellyou'Itoldyouso',withoutmentioningortakinganactualposition.Xisallaboutengagementfarming,afterallthat'swhatgeneratestraffic,allpowertotheengagementfarmers.Butbecauseweaimtotradethismarketoptimally,thatdoesnotinterestus.Soletusnotidentifyourselveswiththat.Letusnottryto'callthebottomat60kperfectly'andtheneditpostsinawaythatlooksgoodafterthefact,onlytryingtoberightandnothingmore,whiledeletingoldwrongtweetsandsoon.Let'streatthisbottomcalllikeanyothercall,astraightforward,decentcallwithrealistic(butbold)expectations.Thesamewayadecenttradeworks,whichIframedlikethatonthechartbelow.60kismyestimate,50kisthepointwhereInolongerbelievemybottomcalliscorrect,andnewathiswhereImakemoney.Thatisa'loss-to-profit'ratioof6.5+,alargenumber.Thisistrulyaboldandaggressivecall,madesinceFeb.Framingitlikethisishowactualprofitsmaterialize,especiallywhenonlyasmallminoritybelieves,holds,andalignstheircapitalwithit.ThisisofcoursenotatradeIdointheliteralsense,thisisavirtualtrade.Noseriouspersoninthismarkettakesalongpositionlikethis,youwouldloseathirdoftheprofitinfunding.Thisonlyrepresentsmyspotplan,andtheweeklybottombias(differentfromtheweeklybias,theweeklybiascanincludecounter-trendralliesalongtheway).Locally,thingscanchange,Imaycancelthisplanearlierforagoodreason,orholdabitlongerformorerisk,thoughalsoonlyforaverygoodreason.Sowiththis,alldoubtsandambiguitiesabouthowIviewandexecuteadirectbottomcall,arelifted.Thegoalisnottocallthebottominanaggressivelydowntrendingmarketto'scalp'a100xlongpositiononit.Againyoulosemostoftheprofitinfundingsothereisnorealaddedvalueinthat.Soeventhoughitlooksgood,youdon'tneedtonailthebottomperfectlytomakemoneyconsistently.Inreality,itonlyhelpscreateengagementandchangeexpectations.Realitycheckexists,theplanexistsandthetradecontinues.

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