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If you want to improve your trading, focus less on winning and more on not losing.
It sounds overly simplistic, but trust me.
Pay attention to the distribution of your trades, not just the averages of those values.
Look to first eliminate those large drawdowns.
$BTC
It sounds overly simplistic, but trust me.
Pay attention to the distribution of your trades, not just the averages of those values.
Look to first eliminate those large drawdowns.
$BTC
Focus on developing a system and trying to trade like a casino.
Position size will determine the number of times you can step up to play the game.
That basic crossover strategy works, you fail because your bet size is always too large.
$BTC
Position size will determine the number of times you can step up to play the game.
That basic crossover strategy works, you fail because your bet size is always too large.
$BTC
Your problems are the problems that even those at the top fail at, and that is governing human nature.
You likely get the direction right but you are too levered up to ride normal volatility.
HFMs trying to suck yield out of boring carry trades lever up too much too.
$BTC
You likely get the direction right but you are too levered up to ride normal volatility.
HFMs trying to suck yield out of boring carry trades lever up too much too.
$BTC
You cut your winners because of loss aversion, yet let your losers run because of a narrative fallacy.
Which is why most of you likely have negatively skewed return distributions.
Many wins and then a large loss that wipes all that clean.
Maybe my header makes sense now? $BTC
Which is why most of you likely have negatively skewed return distributions.
Many wins and then a large loss that wipes all that clean.
Maybe my header makes sense now? $BTC
You thought you were diversifying in alts because you heard that's just what you do.
You neglect the idea of upside vs downside capture and how diversification is about correlation and covariance and not just a basket of goods.
i.e. di-WORSE-ifcation.
Read more, tweet less.
You neglect the idea of upside vs downside capture and how diversification is about correlation and covariance and not just a basket of goods.
i.e. di-WORSE-ifcation.
Read more, tweet less.
You let your peers dictate your own ability to remain composed and measured with your own pace in trading.
You are on your own court.
The person who provokes your feeling that if its not 1M contracts it's not good, could very well be a kid on a twin bed in his parents flat.
You are on your own court.
The person who provokes your feeling that if its not 1M contracts it's not good, could very well be a kid on a twin bed in his parents flat.
Seek to stand on the shoulders of giants.
This game is an "infinite game", a year of success could just be a normal statistical spike/anomaly related to market returns.
Find those who have survived long enough so that you are not conflating luck with skill.
$BTC
This game is an "infinite game", a year of success could just be a normal statistical spike/anomaly related to market returns.
Find those who have survived long enough so that you are not conflating luck with skill.
$BTC
Specifically for crypto, make your money while you can.
There is one thing that remains constant in life, and that is change.
Every few years something comes along, people doubt it, and some are paid handsomely.
Catch 22-
$BTC will become boring as more capital is injected.
There is one thing that remains constant in life, and that is change.
Every few years something comes along, people doubt it, and some are paid handsomely.
Catch 22-
$BTC will become boring as more capital is injected.
