Below is a BTC post published by Pig i on November 13 at 17:07.
“Now that one wave of the event has ended, you can backtest and practice being the market maker. Backtesting isn’t about backtesting returns; it’s about looking back at the circumstances at the time and asking yourself: how could I have understood what was happening?
It’s November 13 now, and I’m a person from the future looking back at history. If I could go back in time, how would I tell my past self what was going to happen?
And how could I do it without my past self calling me an idiot and saying I was talking nonsense? Ask yourself: what would you say?
In the backtest, I first mentioned on October 24 that the market makers were building a low. The subsequent event-driven dip was not caused by the market makers. So I said the market makers would definitely return to their cost basis to reduce their positions.
I also knew six days in advance that the event-driven short was about to begin. So on the 5th, I broke even and reduced my position. Then came the event-driven move, which began with Jensen Huang as the key figure. After that, it was event-driven shorts all the way, and by now it has reached 10,000 points.
Please try practicing this yourselves.
Everything written in the post lines up. After October 24, there were no new lows being formed, except for the 12th, which can be explained as a systemic low that kept the downtrend going. And that’s how it’s been up to now.”
You’re welcome to join my Plaza chatroom to read more.
“Now that one wave of the event has ended, you can backtest and practice being the market maker. Backtesting isn’t about backtesting returns; it’s about looking back at the circumstances at the time and asking yourself: how could I have understood what was happening?
It’s November 13 now, and I’m a person from the future looking back at history. If I could go back in time, how would I tell my past self what was going to happen?
And how could I do it without my past self calling me an idiot and saying I was talking nonsense? Ask yourself: what would you say?
In the backtest, I first mentioned on October 24 that the market makers were building a low. The subsequent event-driven dip was not caused by the market makers. So I said the market makers would definitely return to their cost basis to reduce their positions.
I also knew six days in advance that the event-driven short was about to begin. So on the 5th, I broke even and reduced my position. Then came the event-driven move, which began with Jensen Huang as the key figure. After that, it was event-driven shorts all the way, and by now it has reached 10,000 points.
Please try practicing this yourselves.
Everything written in the post lines up. After October 24, there were no new lows being formed, except for the 12th, which can be explained as a systemic low that kept the downtrend going. And that’s how it’s been up to now.”
You’re welcome to join my Plaza chatroom to read more.
