Always trader, often shitposter, sometimes educator. @breakoutprop
As a discretionary trader, it's useful to categorise your trades into buckets. Systematic and discretionary aren't binary or mutually exclusive states. At the extremes you have a fully automated
Position sizing is one of the most important variables for a discretionary trader. The commonly parroted talking point is to risk a static 0.5-1% per trade. This is wrong. Static position sizing can
Introduction Confirmation is a nebulous concept in trading. It is often presented as a risk-free way to enter a trade. At first glance, it seems quite sensible. After all, buying a dip when the market
Originally posted on November 30th in my Telegram channel Your portfolio peak or all-time high net worth isn't real. Even your current portfolio or PnL - especially if it's unrealised - shouldn't be
Crypto 'trading' is a misnomer. While the title is slightly hyperbolic, I believe it is generally true that very few people make the vast majority of their returns in crypto from trading (in the
Paradoxically, being wrong is one of the most important and realistic components of trading, but gets the least air time on social media. Trading social media is a highlight reel with its own
In general, support levels are built horizontally, not diagonally. This is for two reasons. The first reason is that from an order herding/clustering perspective, levels that have traded significant
You should always dedicate a decent amount of your attention to BTC. This holds true even if you're exclusively an altcoin trader or trench trading maximalist. BTC has been the focal point of this
You'll commonly read posts on CT telling you to lower your IQ to outperform. This line of reasoning takes many forms, including "easy mode", "PvE", "left curve", and other such descriptions of current
