Good morning 🌞

10 years ago most people didn't give a shit about #Bitcoin because price was too low.
Today most people don't give a shit about #Bitcoin because price is too high.
Most people missed out on one of the greatest bull markets ever.

ATTENTION ALL NEW TRADERS!
One of the most important things you need to understand is when an idea is invalidated so you don't hold a loser.
Here's a short video I made to help you understand continuation vs invalidation
Watch here 👇

Behold. I have found the one green altcoin on the day.
Be strong brothers. Surely this pump will last... right? 🫠

Don't screenshot somebody's wrong charts; especially those who take accountability for not being right all the time.
Nobody has a 100% hit rate in the markets.
Everyone with half a brain knows this. In fact, even being 50% correct is sustainable and perfectly acceptable.
Sometimes people screenshot too early and the idea is not invalidated yet either.
Especially don't screenshot a monthly time frame chart after a 2% move and tell someone they're "wrong"
Most people doing this don't even post their own charts.
Our society is doomed. Social media has given way too many people the ability for

Trader A:
Has a $50,000 account. He enters a trade with 10% capital. Reliable set up. 5% stop loss. Closes trade for 10% profit at his predefined target. $500 gain.
Trader B:
$20,000 account. Enters a trade with $15,000 capital. Thinks price will go up. 2x leverage. Happens to be right; closes trade for $6,000 profit because price went up.
Which trader do you see more often on twitter?
Which trader are you?
Which trader would you rather be?
Is Trader A or B more likely to succeed after 100 trades?

Apologies if I haven't gotten to many of your questions in my replies this week.
I haven't been online much.
I do enjoy helping and answering your questions when I see them so feel free to keep asking. Just because I don't reply one time doesn't mean I won't the next time 🤝

I constantly have to remind myself of this one simple technique on social media.
Block; don't talk.
Mostly just a bunch of goobers just looking for attention.
I do enjoy having conversations with 99% of you though.

If you get worked up over a 1-2% move on any chart then you need to reduce your leverage or position sizing + zoom out
Plain and simple
A 1-2% move should never "rekt" you
You shouldn't hardly notice such a small percentage move. Most will ignore this message though.

Sharing a very simple but effective format for a trading journal to help you review your trades: