Every Monday I talk about where the market might boing from an arbitrary line on a chart

It's an overview of all the important markets, levels, and trade ideas in 15 minutes

Please subscribe - my mum's credit card isn't keeping up with my trading losses

youtube.com/watch?v=XQ5Cvg…

Parabolic moves:

By the time they offer the large pullback you’ve been waiting for

The move is usually finished

If you’re gonna chase, do it early & on lower time frames

If you’re locked out of a party and suddenly it becomes free entry, there’s probably no one left inside

While day trading or swing trading to a large account balance sounds nice

The unsexy reality is that most traders can attribute a disproportionately large amount of their lifetime PnL to a small handful of opportunities

Right place, right time, right sizing

Rest is churn

Could $20k be the bottom?

Yes.

Could $20k be the consolidation before another move down?

Yes.

Is this a useless tweet given I have no useful insights?

Yes.

Chatted to Mayne for Casual Friday

If you're remotely interested in price action trading, you'll enjoy this episode

Asked difficult questions about confirmation, time frames, building a system, and more

Received thorough answers

Enjoy!

youtu.be/ILOK2YsULdA

If you’re having a rough time in the markets, don’t be too hard on yourself

Just remember:

You fumbled an unprecedented regime of easy money caused by consecutive black swans resulting in one of the greatest speculative manias of all time

And now it’s over

GM

Simple way of knowing whether a setup is really good or not:

If you have to question it, it probably isn’t

GM fellow public key cryptography ponzi scheme speculators

Talked about Bitcoin, Ethereum, and indices in today's Monday Markets video.

Also some stuff on how not to blow up when volatility shifts.

All you need in 20 minutes or so.

youtube.com/watch?v=fx7uVl…

Wrote a guide about leverage trading and liquidations.

It's short, accessible, and aimed mostly at beginners.

Most people that use leverage don't know what they're doing and then complain when they get liquidated.

Don't be one of them.

docs.google.com/document/d/1Wn…

Market has been sideways for a month

Volatility reaching levels which have historically preceded a big move

CPI/inflation data on Thursday

If the range finally breaks, I'd give it some time & space before jumping in

Longer consolidation = bigger expansion

Up or down?

Yes.

Thanks for 500k followers

I'm grateful to have a larger audience base to scam and dump on if prices ever start going up again

If you're looking for something to listen to this Friday as you mull over the profound absence of anything resembling a healthy social life, consider today's Casual Friday episode

All the charts, all the news, and some ill-fated attempts at humour

youtube.com/watch?v=1w1RIg…

No such thing as a risk-free or 'confirmed' entry

Usually you're either buying weakness when you think it'll stop being weak

Or you're buying strength when you think it'll keep being strong

There's uncertainty & discomfort in both

Embrace it - the market pays you to take risk

If you're short-term trading and price keeps retesting your entry

It's probably not a great entry

Generally speaking, good prices aren't sticky

Macro and Bloomberg baboonery will probably be next cycle's bear market PTSD

It matters now because we're trading a correlated basket of garbage

But when the time is right, abandon all pretences of sophistication

50 IQ season, memes, and ponzinomics are core crypto skills

Catching the wick on a market meltdown is sexy

It’s also unnecessary

More often than not, the market eventually (usually soon after) backfills most of the wick and provides a good entry

Stuff breaks, liquidity vanishes, huge wick, mechanical bounce, wick backfill, real move

I wrote an article about trading psychology a year ago.

I'd change and add a couple of things, but overall it's still pretty decent and worth revisiting.

medium.com/@cryptocreddy/…