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Nothing is too interesting to me here in the market. I'm currently in Europe for the entire summer, and honestly it's helped my trading ALOT. My trading frequency has gone way down - I've still been checking into the market but just watching mostly.
The last month I've taken mostly very short term trades (day trading). Up until a month ago I was still trying to go for bigger wins. For me these bigger wins are mid 5 figs+, and it just got to a point where I would roundtrip these amounts many time throughout the month. It was just super frustrating.
Since then I had decided to switch it up and barely even hold anything overnight. It's helped my trading psychology ALOT and also put me into a good rhythm I didn't have before.
People forget - myself included - that these small wins and losses really add up... whatever that small figure is for you (insert here). For me it's 4 figs... I would treat that a pretty much breakeven. But when you think about it, if you make these small amount even a few times a week before you realise you're up mid 5 figs+ by end of month.
This also has an inverse effect, you take 'small losses' (paper cuts) that can really add up. Then you look back on the month and think 'wtf I'm down mid 5 figs how did this happen'.
To put this into perspective I am up roughly $150k the last 30 days purely from taking these 'small trades'. Not bad.
Anyway, this is probably the longest time I've gone without tweeting. But it's just the current market environment. There's just really not alot to say.
We got the move up, we got the rotation to onchain and now we're seeing rotation from RH to other chains. This usually marks close to the end of the trend.
Stay sharp and chat soon.