1/ my Twitter was always mostly about sharing trades from Eurex futures but since I started focusing again more on BTC huge amount of people followed me. This is cool, but the messages I get are fucking insane.
2/ lot of you are reading the blog or even considering getting the Blueprint but coming from the place where you either lost a lot of money or you don't know much about trading.
3/ although this is probably not the best marketing if this is your case I highly recommend you not getting into day trading yet. There are a lot of moving parts that are really hard to digest and I'm sure 99% of you would be better of just DCA or taking swing trades.
4/ especially since this is crypto you are pretty much required to watch this shit nonstop, I change my bias like 5 times a day and get in and out of the trades in a matter of minutes.
5/every time someone asks me they want to learn how to day trade I ask them if they are willing to get their ass kicked for at least a year or two.
6/ I still have bad days, even weeks, recently I fat-fingered trade which took away around the week of gains in a matter of minutes.
7/ I mean there are obvious pros, the biggest one is I sleep calm since I don't carry trades overnight and I genuinely think people are much more likely to predict next few minutes/hours than days or weeks. But it really takes fucking time that most people won't or cant scarifice
8/ so yeah I know I post cool shiny charts that you rarely see from someone else but this is not some special secret holy grail to trading, the bottom line is if you are newer to trading take your time and if you want to start actively trading, get ready for a lot of pain.
if this thread looks like I am trying to turn you down from daytrading, I genuinely do, you must be special fucked in the head to pursue this.
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ok so after posting some bearish crypto takes I got called larp and new to crypto few times, but I spent last 7 yrs in crypto and tradfi working in prop now so here is list on how not to get absolutely fucked and spend as little money on education 1/cont
2/
1) tradingriot.com no mercy I will shill my site first, this probably would never exist if I wouldnt be in lockdown but I spent so many hours on this, read the blog and get the Blueprint that will save you lot of money from other courses as it cost like €150
2) @paracurve Fxsanalytics is amazing course and active dashboard about daytrading ES, honestly even that I dont trade ES Steve shares so much stuff about the markets that paying $500 one time is well worth it
Good spot for some short squeeze here. Inside day low, 2-day composite value area low and lot of selling pressure with signs of LTF structure reversal.
$BTC
someone clearly hates fun.
Trade idea is still valid but understanding why the price is pulling back and on what magnitude can be very helpful for active trade management.
for this example when you are in long and you see a large seller stepping in you want to give this little bit of room as 2 things can happen.
Finally had time to sit down and make my blog where I plan to write about some things I use in my trading etc. There is also a resource section for people in my DMs that want to know things. Anyway, my first post is up. Hope you like it.
S&D/Orderblocks etc. Everyone's favorite price action strategy and the topic of the most sold courses and paid groups online. How do these things work? Are there really any smart money and manipulation in the market? I explain everything in a new article.
Understanding the Auction Market Theory was one of the biggest breaking points in my trading. This is the first part of the three-part series that will cover the theory and tools used with it. If you liked my previous articles, you should read this one.