CuongDo

Real talk If you’re on the wrong side during a big move like this, most of your immediate impulses are gonna suck Greatest hits: 1. Revenge short - Can’t believe I missed this piece of shit scam pumping; it’s up so much it HAS to come down 2. Oversized buy - I will use leverage as a time travel machine to make up for being late 3. TA cope - It has to retest the exact level it broke out from immediately because I watched two whole Babypips videos on 1.5x speed 4. All-or-nothing - My only options are 0%. exposure or 100%, nothing in between exists 5. Deer in headlights - oh geez I guess I should wait for a pullback but no what if the consolidation is the pullback hmm maybe I’ll wait for a range to form but what if that range breaks down do I buy the retest of the breakout or the range reclaim oh man fuck shit what’s Ansem saying 6. Overtrader - I will cement my bloodline on the 5 minute chart; if this next candle is the wrong colour I will either be rich or poor Just chill out, delete your levels, pretend you haven’t looked at the chart in weeks - fresh eyes Then it’s the usual list of simple questions: 1. What signals are firing / what do I think is gonna happen 2. What kind of bet am I making (mean reversion/volatility expansion/new trend/momentum/Blackrock scam etc.) and on what time horizon 3. Where am I wrong 4. Does my position size match the current volatility and align with the shape of my trade idea i.e. points 1-3 FWIW I’m washed but gonna try to jam some spot sub 70k. If it gets accepted below 66-67k (retraces the breakout) then I’ll lose money “Wow it’s up so much what you buy the top?” Then I’ll lose money and look silly on social media. That’s the cost of doing business (at least the first one). Just start LARPing like everyone else and instead of saying “I bought the top” say “I aggressively rebalanced when an ensemble of carefully weighed momentum factor signals fired contemporaneously.”