GCR is a far better trader than me, but his tweet very meh

- tweet was open-ended and hedged
> "scale in"
> "high conviction tokens"
> "survive"
- no picks
- no thesis / invalidation
- no position/pnl screenshots

bro basically just told us to "hodl"

like yeah dude that's what literally everyone has been telling each other for years, thanks basically, we could see the market dump another leg down from here and as long as it recovered within a few months, no one would say GCR's tweet was wrong

you could see many of CT's favorite alts get decimated while majors remained mostly flat and no one would say GCR's tweet was wrong

Previous tweet cont...

(link at the end) Here is the chart formula for the unequal weighted position:
(BTCUSDT^0.97)*(ADAUSDT^0.01)*(XRPUSDT^0.01)*(MATICUSDT^0.01)

Hot and ready alpha, coming right up.

Here’s how you build weighted multi-component charts in @tradingview. 👇

https://twitter.com/HsakaTrades/status/1475533344460787715

As CT’s omnipotent wolf has pointed out in the quoted tweet, Tradingview simply adds the prices of two assets together when you use the ‘+’ operator.

There's a lot of smart and sensical points and arguments being made in this thread and the comments.

In short, this is what it comes down to, in my opinion.

0/

https://twitter.com/Trader_XO/status/1336346543637540864

Executability of these trade stoppage techniques depends on the following, to name just some:
- risk profile / risk tolerance
- trading method/ trading timeframe
- trader's schedule and screen time/accessibility
- personality
- trading instruments/markets
- algo integration

1/12

Saw this pop up in my Recommended and had to revisit it:

'What Everyone Should Know About Trading Financial Markets' by @Trader_Dante

Regarding the oddities/fallacies of trading:

"...you spend hours being taught - this is how to spot what the big guys are doing so you can profit from them - all with the intention of turning YOU into a big guy so everyone can spot what you're doing and profit from it."

Fractals should not be relied upon for trade execution, but I don't think it's outside the realm of possibility to see another prolonged Altcoin accumulation phase, similar to 2015, prior to the next true crypto-mania bull run. $ALT $ALTS #Altcoins Don't forget what sparked the last mania bull run - Ethereum and ICOs. Do we need another similar revolutionary catalyst to get another one started? What might it be? What else could cause venture capital as well as the retail world to pour hundreds of billions more into #Crypto?