Gold

I'm going to use this pinned tweet as a thread to share some of my profit withdrawals to the bank; to lock in the profits from the market. We've all seen countless people share tweets of PnL, but I've never actually seen anybody share a single screenshot of a withdrawal to their bank account in all the years I've been on twitter. This is the most important part... This is why we're here: To make money. Until it hits the bank account its just arbitrary numbers on a screen. Crypto is an incredible space, I wouldn't be in this position without it. But it's also incredibly volatile and one wrong move can wreck someones portfolio. Bank withdrawals are a hedge against that. There's truly no better feeling than to lock in hard earned profits you've made. Withdrawal #1: $150k USD

Many, many people only bearish now. Its like clockwork. ‘You cant trust binance!’ ‘Withdraw now!’ You want to be bearish at range highs, 2 months ago.. here is the wrong place for you to switch bias and become a bear High odds in my view that the Binance hack provides us with a major market pivot. Watch how price reacts, because so far we are outperforming stocks on a bloodbath day not even 24hrs after the largest hack in crypto history took place. In a bull market THIS is the sort of thing that bottoms us out, it doesn’t completely change the trend First time in a while I’ve started bidding with higher timeframe view in mind, now is for building out positions

There’s no need to rush back into the market so soon after this hack by trying to find fresh plays, you should let the dust settle before deploying any capital If there’s anything we know from the past is that it takes time before we know the full picture and an even longer time before the market digests a hack of this magnitude

Do nothing and outperform here. I expected a move in October that never materialised, but all we can do is obey the market. There will always be random movers on the day despite the BTC price action, but you need to ask yourself what your edge is. By the time you see it you are likely late and you are likely gambling. It's been a fantastic few months, don't waste your mental bandwidth and money on trying to force suboptimal trades. Come back with a fresh mind.

It’s been a solid few months of trading. If you’ve made money then consider taking some to the bank and spending some on IRL things I have no idea what happens in the immediate short term, but … we are going into the weekend, have FOMC next week, end of month and have midterms the week after .. usually the market is pretty muted leading into these sorts of events and I’d rather take a watch and wait approach til proven otherwise. In saying this I still feel confident that the bear market cycle low is in and we are at the very beginning stages of a bull market Take what the market gives and try not to push your own agenda on it no matter how you feel

Despite my bullish view it has been a pretty frustrating month of trading for many. In saying this, this sort of price action isn't unlike past cycles where we would have extended periods of consolidation as trend was changing. It feels like we've had endless headwinds these last few years (mainly a combination of trump induced issues for us as well as AI and Quantum risk) Here are the key things that have worked for me, the list is small: - size down - reduce your holding times - take profits on the way no matter how bullish you feel -take less trades I pride myself on being transparent, so as of now this is my PnL for the month. Up until the 8th of this month i was unprofitable and down $100k. I've since turned that around to being in $190k profit (this doesn't include stocktrade wins on MSTR) Closing this month out would put me at my 7th profitable month in a row. Right now, when things aren't going parabolic, I aim for consistency... And I'm hitting that target. The turnaround point was making these small tweaks of reduced holding times and sizing down. The time will come when big winning months will come, but right now the market isn't giving me that opportunity.

BTC back at $84k despite all the bad news... The market is trying to tell you something right now if you have an ear to listen

Despite the sub optimal conditions in October so far, we've been making some solid gains (and withdrawals) in @Emporia_Capital Join us here: discord.gg/kQnzke74b

The big guys don’t make big money by drawing lines on charts. It makes you feel like you have some control over the market if you do that but in the end it’s a fugazi @HighStakesCap when’s the last time you drew a line on a chart?

Big profit withdrawal from me.

There's a good case for that to be the low and we begin the next leg up into the $90's from here. We had the wick low into $79k's as we had 3 pieces of bad news come out all within 24hrs (CPI, PPI and MSCi MSTR exclusion) Now, price is higher than 2 out of 3 (CPI came out at $83.3k)

A few points after trading this past month: - There are less trades to take than you probably think there are each week (even in a bull market). Maybe only a couple per week max work taking. - Take profit on the way up regardless of how you feel about the trade in the moment. - Move slowely. Take you time to position. You have more time to position than you think you do. - Let the bots fight it out first before you enter a piece of news (unless PvE). - Size up aggressively when the time calls for it. - By moving slower you also avoid exiting prematurely. Even if the existing trade is a losing one, think about how many other losing trades you avoid taking by simply sitting still - Have only a maximum amount of trades open at any given time. Don't just keep opening fresh trades as things appear.

Absolutely Incredible how quickly people’s sentiment totally shifts on the first BTC pullback. The timeline was absolutely silent on the way up, this tells me barely anyone made money. Yet we are down -8% from the highs just a couple weeks ago and still above $80k It called ‘Wall of Worry for’ a reason

It's important to see BTC reaction here from more negative news in the form of hot CPI. The CPI coming even hotter than expected isn't great... But in a bullmarket these negative headlines don't really matter at all Clarity rejection and rate hike both marked local lows before we had some incredible opportunities in alts. Watch closely