Just someone trying to ride a trend. Using this account as a trading journal.
Joined September 2010
- Tweets5.8K
- Following401
- Followers2K
- Likes6.3K
Trendflipper retweeted
Look at the timeline
No one outside of paid off pump shills wants these celeb coins or for kols to become 'celebs' and extract even more from the plebs
Every coin has pumpdex fees, pumpswap, terminal or bot fees, creator rewards, cashback, call out rewards, etc
It is endless extraction, taking money out of coins and giving it to deployers, bundlers and kols, making the slice of the pie plebs have access to ever smaller
But it's the plebs that make this space - without them - there's nothing to extract
But you are bleeding us dry
Meanwhile yourself and others have taken huge paid deals from pump, when instead you have the platform to lead us to a better way if you wanted to
Robinhood took marketshare from pump and sol and the market was great, now the market share has gone back to pump and we are all getting farmed to zero again
This is because pump only cares about spending money to generate fees through their ecosystem. They don't care about coins that people hold because they don't make anything from it. They need pnds for their revenue. With each pnd deploy a huge amount is extracted from the trenches, never to be seen again. This is not sustainable. And it's why it's rare to see coins on pump go to a high mc. It's a race to the bottom
Where is the airdrop? Will you start advocating for it again? Or do the plebs have to give it up so 'celeb' kols can get paid?
Woke up a couple minutes ago and saw the dump. Took some BTC HYPE and RENDER. Will post some setups in the morning 🫡
On CT you will see a lot of people posting setups, discussing charts etc. I've been doing the same thing for a couple of years now.
But to be fair, my trading has only been so so. I haven't been very profitable and there's been a lot of break even trading for a long time. My main wins in crypto have mostly come from finding a couple of good narratives and coins, rather than consistently making money trading.
After having some significant drawdowns I started looking for a system. I ended up favoring trend following, mainly because I wanted something systematic that allowed me to catch the meat of a move instead of trying to predict every top and bottom.
That's been a journey of almost 3 years now. About 2 years ago I entered The Haven and got familiar with the EMA/MA system taught there by Pierre and Krillin.
I started trading much more actively because I enjoyed it and wanted to get the reps in. But despite all those reps, the results have still been pretty mediocre. Mostly break even at best.
My assumption for quite some time has been that basic TA and finding setups aren't really my main problem.
I think people often mistake that for being the difficult part of trading. That once you learn how to read a chart and find good setups, it's smooth sailing from there.
I can assure you, it's not.
It's just the beginning.
So over the last couple of weeks I've been working with my AI assistant on properly journaling my trades. Not just logging entries and exits, but trying to reconstruct my decisions and find where I'm actually leaking performance.
For some context, attached a screenshot of my current 100k eval. I think the equity curve illustrates pretty well why I'm doing this exercise in the first place.
This was my AI assistant's first assessment after going through my trades:
"My first assessment is that there is enough evidence to keep trading and investigate the edge further, but not enough to conclude that the strategy has proven positive expectancy yet.
The strongest part so far is setup identification, particularly COM setups. The main weakness is execution: fear affects sizing and participation, good trades are often underfilled, profits are sometimes not realized at logical levels, and there have been avoidable order-management mistakes.
My current hypothesis is that the playbook is better than the realized P&L suggests, with execution currently being the main source of performance leakage. The next priority should therefore be consistent execution and a larger sample—not increasing risk."
I think that's actually a pretty fair assessment of where I'm at.
Now the goal is to keep collecting the data, find out whether there actually is an edge underneath all of this and, if there is, stop fucking it up with poor execution.
And yes, this post was also created using my AI assistant.
🫡🫡
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 I will go long on this M15 compression if it gets tighter.
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 Price came back down to entry with the setup still valid and I didn't add the remaining risk. I'm still not very good on sizing up in the right environment.
