The trades I called yesterday all got wrecked today.
I’m done pretending. First, let me call myself out: COMP -8%, AXL -11%, FIL -14%, EDU -13%. BTC only fell 2.8%, while the coins I picked dropped five times as much. Anyone who followed with 5x leverage has taken a serious hit. If you want to flame me in the comments, I deserve it.
I barely slept last night. I went over the trade history, and the problem wasn’t “the whole market tanked”—it was me:
All four coins had flat OI, and no money was coming in. So what if they pulled back to the right level? The setup was right, but the timing wasn’t—and we still got buried.
Even dumber, BTC was clearly in a bearish alignment on the 4-hour chart, but I was still looking for bullish signals. Trying to catch a bottom against the trend is no different from catching a falling knife.
I made three changes to the system in the early hours: weak coins are banned from the entry list; if BTC hasn’t turned bullish, trading is frozen; and I’ll never say “you can place an order right away” again.
Today the system flagged just one coin, $INIT . The setup really wasn’t bad. I watched it for ten minutes, then still rejected it.
BTC hasn’t even reclaimed 83400. I’m not betting on it.
Yesterday I lost money. Today I’m keeping myself alive. The market opens every day. When BTC holds above 83400, I’ll be back—and more ruthless than before.
$BTC
If you’ve been burned before, comment 1. If you think I’m chicken, comment 2.
I’m done pretending. First, let me call myself out: COMP -8%, AXL -11%, FIL -14%, EDU -13%. BTC only fell 2.8%, while the coins I picked dropped five times as much. Anyone who followed with 5x leverage has taken a serious hit. If you want to flame me in the comments, I deserve it.
I barely slept last night. I went over the trade history, and the problem wasn’t “the whole market tanked”—it was me:
All four coins had flat OI, and no money was coming in. So what if they pulled back to the right level? The setup was right, but the timing wasn’t—and we still got buried.
Even dumber, BTC was clearly in a bearish alignment on the 4-hour chart, but I was still looking for bullish signals. Trying to catch a bottom against the trend is no different from catching a falling knife.
I made three changes to the system in the early hours: weak coins are banned from the entry list; if BTC hasn’t turned bullish, trading is frozen; and I’ll never say “you can place an order right away” again.
Today the system flagged just one coin, $INIT . The setup really wasn’t bad. I watched it for ten minutes, then still rejected it.
BTC hasn’t even reclaimed 83400. I’m not betting on it.
Yesterday I lost money. Today I’m keeping myself alive. The market opens every day. When BTC holds above 83400, I’ll be back—and more ruthless than before.
$BTC
If you’ve been burned before, comment 1. If you think I’m chicken, comment 2.