1/ On this bad day for crypto: Here are nine trading lessons from my six-year hedge fund experience (managed $100m of futures, options, fx).
Your thoughts? @cburniske@AriannaSimpson@AriDavidPaul@myles_snider@KyleSamani@tlueke@lsukernik@Melt_Dem@polychaincap@Arek2/ Position sizing: To stay in the game you must not have positions that are large enough to ruin you. Nobody blows up because they are wrong with an appropriately sized position. You blow up because you are wrong AND your trading position is too large. Related to leverage -->