#zechitsanewalltimehigh honestly frustrating last 30 days for me trading
small down now having been up about $1.5m 10 days ago
PUMP & LLY break outs were both fully reversed, ZEC
& H
YPE been decent trades against that
one thing that has changed is crypto volatility is up about 3-4x across the board
that means my trend following strategy have often hit S/Ls on daily wicks
i hadn't adapted.
have now reduced leverage to max 3x on grid bots and keeping S/Ls slightly wider
if you find yourself chasing the market on higher leverage here you are doing it wrong
there will 100% be one horrific daily wick in September which reminds people
the last 12 months had been decent with 8 figs of PnL on pretty low volatility across the book
sharing this now to remind people its not all positive fomo PnL during a bull market
but there is still plenty of time to adapt - and don't fuck this up!
$ZEC
$BULLA
$UAI
small down now having been up about $1.5m 10 days ago
PUMP & LLY break outs were both fully reversed, ZEC
& H
YPE been decent trades against that
one thing that has changed is crypto volatility is up about 3-4x across the board
that means my trend following strategy have often hit S/Ls on daily wicks
i hadn't adapted.
have now reduced leverage to max 3x on grid bots and keeping S/Ls slightly wider
if you find yourself chasing the market on higher leverage here you are doing it wrong
there will 100% be one horrific daily wick in September which reminds people
the last 12 months had been decent with 8 figs of PnL on pretty low volatility across the book
sharing this now to remind people its not all positive fomo PnL during a bull market
but there is still plenty of time to adapt - and don't fuck this up!
$ZEC
$BULLA
$UAI
