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ChopTradoor

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Peak Tier VIP 03.3 Year(s)
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Looks like vitalik also cheated with a spy based on $ETH price action
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ETH-1.26%
Holy FUCK we've been on the ball recently
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My current view on $BTC is that we prob see a small bounce in the coming 48 hrs and then my guess is that the lows arent' in just yet
Not 100% sure tho, loosely held conviction
BTC-0.67%
Three coins showing crazy strength $ZEC $XMR $LIT
ZEC+1.16%
XMR+0.00%
LIT-4.56%
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Bro I'm watching fox news and wtf are these NPCs
Crazy
I live in such a bubble man
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Wtf is this new tradingview mobile app
Pls revert back thx
Trading journal key lesson I'll share:
Frequently I've found that when you aim for perfection, or sort of expect yourself to perform near perfection, then that is already the start of a trading leak and a mistake creeping in
Give yourself, and your strategies, room to breathe
For those that are a bit lost on $BTC HTF, here's a reminder that these resets back to means and moving averages is healthy within a market
This is a ~12% correction, which is extremely common
Resetting just means we get the juice to pump harder later
The hard part is not losing your pants while you try to position for the upside.
Be patient, you'll get more chances to position than you think
BTC-0.67%
Whenever i look at crypto charts and I see the 2020-2022 cycle trading volumes, it's so fkin insane
> All coins pumping randomly with 100m daily vol across the board at least
> Liquidity thicc
Nowadays we only trade like 5-10% of what old volumes used to be
Reminiscing...
Bruh the $MSTR Andrew K resigning got me confused af for a second cuz i thought it was @Rewkang LMEOW
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MSTR-0.30%
Back to centralized and permissions chains we go innit
An important note for swing/discretionary traders:
One of the best setups is when you can associate a key price area to a narrative or catalyst that acts as your invalidation level
Leopold blowing up? Max bearish + liquidation cascade + KR nation blowing up. Great R:R setup below local lows.
$BTC ETF narrative? Great level to long with invalidation below recent PA
These opportunities are by far the best when it comes to gauging not only your own thesis on the market but also whether the market is strong/weak. They frequently also usually give you at least 12 hours to 1 day to position in, so
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BTC-0.31%
Been scalping initia:native for fun, smol size due to OI limits. Been trading strong after the exploit
Easy Variational points as well. You're still basically paid to trade on there
My code gives +12% points boost FYI and immediate higher fee tier
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INIT-1.74%
We're basically at a no-trade-zone on $BTC here
Swept the weekend highs yday and let's see where market wants to drift on low vol for now
FOMC day, take it easy
Losing daily open wouldn't be good tho for bulls and prob rotate down range lows again for new local lows imo
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BTC-0.67%
Slow day today as it's FOMC day
Being defensive as the hedge shorts are doing their job in keeping my long legs comfy
i was promised uptober
and i got choptober
Btw if you've been losing money only going long or only shorting recently, I think this is VERY VERY normal.
Markets have *not* been easy.
If you miss the 1-2 days it moves a lot, you're basically just thrown random chop.
I got chopped up a bit on stronger directional bets before I pivoted into pair trading again in the last 1-2 weeks and strategies have stabilized much more
Continue to adapt. If you've been losing a lot, just cut size to like 10% your normal risk until you feel like markets are turning in your favor again
Such is the life cycle and infinite improvement treadmill we are all
PAIR-11.35%
Bought some coins
panic shorters at the lows on $BTC
BTC-0.65%
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