CryptoBully

Hope all of you enjoyed a lil break
Very optimistic about the future
One last night to relax before the new year and we wreak havoc in the orderbooks

Everyone gets what they want out of the markets
Most people are surprised when they learn so many traders “want” to lose money trading

Unpopular opinion but making money while trading is better than losing money.

We were not wrong about the Santa rally
It just happened on real gold instead of digital gold
Merry Xmas to everyone but Crypto bros ig 🥲

$BTC
Still in HTF range between $84-94k, kind of like the previous 10k ranges we have seen throughout this run
Personally not really interested in taking anything other than scalp/day trades as we trade into the mean of this range
Any move into extremities would get me interested for positional trades. If we get a sweep of the quarterly low into the year end, I'm a buyer and on contrary any sign of exhaustion into $94k level, I'm a seller.

2025 is the year I realised 93% of traders lose money INCLUDING professionals
So many VCs, MMs, funds all die over time with nothing to show for it

Once a year the quant discussion comes up on CT
Quants are great. Discretionary traders are great.
Anyone without a superiority complex (unless you’re Jim fucking Simmons) is great. If you’re cocky at your 10-15% apr system, I don’t care if you manage $20B AUM, fuck off

Fed cuts 25bps
Now we wait

Risk management is mostly interpreted as having a fixed stop and fixed target, which isn't something wrong in nature
But this approach is used by literally everyone operating in the markets which makes it questionable
Below is how I view risk management as a tool👇