๐ฌ๐ฎ๐ซ๐ฏ๐ข๐ฏ๐๐ฅ ๐ ๐ฎ๐ข๐๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ข๐ง๐ ๐๐ฎ๐ฅ๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ
here is a set of rules i think are good guidance to navigate the upcoming bull market.
๐๐จ ๐ง๐จ๐ญ ๐๐ฏ๐๐ซ๐๐ ๐ ๐๐จ๐ฐ๐ง
if a trade goes against you do not buy more on the way down. this is a recipe to get rekt (in aggressive narrative trading at least, might be different in building a longterm btc position). the market is showing you that your thesis or your timing is wrong, do not fight the market. do not fall into the illusion to think you are right and everybody else is wrong, because most of the time you are not. or in the words of Paul Tudor Jones: "losers average losers".
๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ง๐๐ฑ๐ญ ๐ฌ๐ก๐จ๐ญ
always keep your eyes forward and think about the next shot. do not entertain thoughts of "what if" and indulge in revisionist history thinking ala "if i had held y longer i would be up x amount of money". what is done is done, focus on the next shot. the same goes if you had hit a winner and are up fat. many people stay still and admire their shot instead of focussing of what other shots they might miss while doing this. best shooters have the worst memory.
๐๐จ ๐ง๐จ๐ญ ๐๐ฌ๐ฌ๐จ๐๐ข๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ๐ฌ๐๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐ฉ๐๐จ๐ฉ๐ฅ๐ ๐ฐ๐ก๐จ ๐๐ซ๐ ๐ฌ๐ญ๐ฎ๐๐ค ๐ข๐ง ๐จ๐ง๐'๐ฌ ๐ฐ๐๐ฒ
distance yourself from people who get defensive and butthurt when their trades are challenged or a contrary opinion about their investment is voiced. a good operator tries to see things from all angles and is always open to steelman a bear case. especially dangerous are groupchats where bears get ridiculed and discouraged to voice their opinion, the result of this is an echo bubble. leave these groups.
๐ข๐ ๐ง๐จ๐ซ๐ ๐ฆ๐จ๐ฌ๐ญ ๐จ๐ ๐๐
CT at its core has a very distorted view of money. whenever market puts a first green candle in people are freaking out and fall into some kind of psychosis about money and how much they gonna make. you can see it already starting with people tweeting about being in "7-figure hell'. unfollow / block these accounts, they will lead to a distorted view of money for yourself and open up the door for all kinds of bias traps. the same goes for all the people who always hindsight post how they are in all the runners and are up huge but forgot to voice their opinion before the asset went +200%. there is a huge amount of larps and liars on CT, and the result for many new entrants is that they get trapped in some kind of fata morgana where it seems everybody but themselves is winning huge. the results is often excessive risk taking and total loss of NW as a consequence.
๐ค๐๐๐ฉ ๐ ๐ฌ๐จ๐ฅ๐ข๐ ๐ซ๐ข๐ฌ๐ค ๐ฆ๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ญ ๐๐ฅ๐ฅ ๐ญ๐ข๐ฆ๐๐ฌ
stay in your lane and stick to your protocol, no matter what others are doing or how much somebody else is winning. there will always be somebody who wins extreme amounts of money by reckless betting. but thats survivorship bias at work here, because for everybody like this that you see are 10 dead bodies who lost it all. your NW will always regress to the level of your process (read that again, this is a very important concept to understand). profits made by excessive risk taking will be lost by excessive risk taking. live by the sword, die by the sword.
๐ญ๐ก๐ ๐ช๐ฎ๐๐ฅ๐ข๐ญ๐ฒ ๐จ๐ ๐ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐๐ง๐ง๐จ๐ญ ๐๐ ๐ฆ๐๐๐ฌ๐ฎ๐ซ๐๐ ๐๐ฒ ๐ข๐ญ๐ฌ ๐ข๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐จ๐ฎ๐ญ๐๐จ๐ฆ๐
good decisions can have bad outcomes and still be good decisions, and vice versa. due to the influence of luck, chance and variance the quality of a decision cannot be judged by its immediate outcome. therefore do not categorize decisions by how much money they made or lost. think deeper, simulate outcomes for more than one possible outcome. the goal is to constantly make good decisions.
there is a bit more nuance to all of these, but you will figure it out if you want to. these are my basics. goodluck, see you in the order books.
Forwarded fromy22 trades
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2August 21, 2026 1.6K 47
