I am lucky enough to have the time to be able to dedicate myself to different ways of extracting value from this market.
So a little thread... here goes !
Roughly, it’s split equally like so:
-Scalping low timeframes (25%)
-Swing trading alts (25%)
-Investing in low market cap projects (25%)
-Holding spot BTC and ETH (25%)
I’ll cover each and some of the things that I think are key / I’ve learned.
Scalping
I think scalping really is what attracted me to trading in the first place. It’s a constantly evolving video game with a real prize at the end. As a former international counter-strike player, this has always appealed to me.
- 15 trades closed in the period, 7 still open.
- Win/Loss of 47% for a total account gain of 35%
- This does not include long term holds (e.g. $RVN, $THETA, $RSR)
- This does not include my scalping account, which I degen 10x $BTC
👇
I started disciplined trading in December. I have usually bought quality projects (and some scams) and gone for x’s. I’m now journaling all of my trades and trying to hone this craft. I have already learned a LOT from simply reviewing my trades:
If I am highly confident in a trade, I have a 25% win rate. Medium confidence 55%. Lesson – don’t correlate position size with confidence. Do it on quality of setup (new matrix established).