With AI assisted drug discovery on the verge of being economically feasible, there is a "beakerneck" trade taking place in biotech that reminds people of the "bottleneck" trade in semiconductors last year

Deployed decent capital across several Robinhood names today. I simply don’t believe that the chain will fail.

Keys to winning in a bull market: 1) Let spot do the heavy lifting for you 2) Concentrated high conviction bets > throwing darts 3) Do not fixate on perfect entries 4) Focus on strong coins, dispersion will return 5) The weekly trend is your best friend 7) Be open to new narratives, fading is midcurving 8) Respect your sleep and family. Sacrifice the rest 9) Bad entries on good coins are better than good entries on bad coins 10) Bid liquidation cascades and fud 11) Arbitrage speculative premium, then move on 12) Separate day trading account from the rest i.e. use subaccounts 13) Trade the chart, not your PnL goals 14) "Just another 2x" will destroy you 15) If you screenshot your PnL curve, sell some coins 16) Build the habit of withdrawing some money and putting it the bank every single time you realize a big win

A follow up to this post. Don’t kill yourself chasing shiny toys. It was stonk, then it was muse, then it was GP, then it was NPC, then it was GO, then it was PAID. It will be something else tomorrow, and the road will continue to pile with rotting and festering corpses.