One wallet caused half of every big drawdown.
Year-long stand: three drawdowns of −35…−47 %. In each, 49–84 % of the mark-to-market loss came from one master holding long BTC/ETH/AAVE/ZEC for 60 days straight. Diversification across 28 wallets did not help when several of them hold the same coin.
Fix: a cap per coin across all masters (30 % of capital), not a cap per master.
Question: how many of your 'diversified' positions are actually one bet?
#copytrading #hyperliquid #tradingjournal
For anyone copying via API, trading their own account or on Binance Copy Trading, the same trades go to our group: https://app.binance.com/uni-qr/DpuA7yYD
Year-long stand: three drawdowns of −35…−47 %. In each, 49–84 % of the mark-to-market loss came from one master holding long BTC/ETH/AAVE/ZEC for 60 days straight. Diversification across 28 wallets did not help when several of them hold the same coin.
Fix: a cap per coin across all masters (30 % of capital), not a cap per master.
Question: how many of your 'diversified' positions are actually one bet?
#copytrading #hyperliquid #tradingjournal
For anyone copying via API, trading their own account or on Binance Copy Trading, the same trades go to our group: https://app.binance.com/uni-qr/DpuA7yYD
