His explanations…
horribly bad reasoning even on the surface.
Bunch of claims that could be made backtestable…
(in the past when X happened did Y happen?)
… and if he did he could easily see they’re not remotely true at all.
All feels like a poor-man’s cheap impression of the things a smart trader might say his thinking process was, getting it all horribly wrong.
Notice too how these most retarded day traders stick to the high-caps: Just like scammers love to bring in marks by dropping the biggest celebrity name and top blue chip investments — this seems to be the converse, the most retarded marks loving to stick to the top high-caps.
FWIW: imo yes day trading for individuals, for anything beyond defensive hedging is suicidal, much preferring extremely early stage medium-to-long-term investing + very long term unleveraged late-stage holding.
E.g. often it’s requiring you to predict nearly impossible to predict black swans, like the particular day that FTX would massively dump because they were secretly running a ponzi. Pennies in front of a steam roller.
But, try to tell any day trader who’s currently in profit these things and they’ll flip out. Ask them to try to manually backtest a single claim they’re making and they’ll flip out. Impossible to convince them.
Wreck the high-cap day trader morons.
Then we’ll be free to go higher.
horribly bad reasoning even on the surface.
Bunch of claims that could be made backtestable…
(in the past when X happened did Y happen?)
… and if he did he could easily see they’re not remotely true at all.
All feels like a poor-man’s cheap impression of the things a smart trader might say his thinking process was, getting it all horribly wrong.
Notice too how these most retarded day traders stick to the high-caps: Just like scammers love to bring in marks by dropping the biggest celebrity name and top blue chip investments — this seems to be the converse, the most retarded marks loving to stick to the top high-caps.
FWIW: imo yes day trading for individuals, for anything beyond defensive hedging is suicidal, much preferring extremely early stage medium-to-long-term investing + very long term unleveraged late-stage holding.
E.g. often it’s requiring you to predict nearly impossible to predict black swans, like the particular day that FTX would massively dump because they were secretly running a ponzi. Pennies in front of a steam roller.
But, try to tell any day trader who’s currently in profit these things and they’ll flip out. Ask them to try to manually backtest a single claim they’re making and they’ll flip out. Impossible to convince them.
Wreck the high-cap day trader morons.
Then we’ll be free to go higher.
The guy presents this as “evidence”, saying anyone can check that the trades on-chain
…even though not sure anyone actually checked on-chain
Not to mention that even with these trades existing, that does zero to prove they’re his,
And even if they are, does zero to prove they’re unhedge.
TBH, whole thing seems fake af from the start
E.g. “my girlfriend left me”, within hours of losing the trade. Yeah bro that never happens instantly. Girlfriends do appear instantly after credible claims of big money appearing, but in the opposite direction it’s quite a bit slower.
…even though not sure anyone actually checked on-chain
Not to mention that even with these trades existing, that does zero to prove they’re his,
And even if they are, does zero to prove they’re unhedge.
TBH, whole thing seems fake af from the start
E.g. “my girlfriend left me”, within hours of losing the trade. Yeah bro that never happens instantly. Girlfriends do appear instantly after credible claims of big money appearing, but in the opposite direction it’s quite a bit slower.
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Hunting has been shown to be a real thing on many exchanges, fwiw.
All the more reason that leverage is profoundly retarded
— But can see how those who think primarily in terms of
(A) highest-probability moves — implying zero agency of counterparties
instead of
(B) value-maximizing-moves — implying maximal agency of counterparties to do whatever move benefits them the most
Would lead to the retarded thinking that hunting is “unlikely”.
Think value-maximizing-agency discounted by probability, not agency-free-probability-likeliness weighted by value.
Value not probability.
Probability-based arguments are virtually always lies.
All the more reason that leverage is profoundly retarded
— But can see how those who think primarily in terms of
(A) highest-probability moves — implying zero agency of counterparties
instead of
(B) value-maximizing-moves — implying maximal agency of counterparties to do whatever move benefits them the most
Would lead to the retarded thinking that hunting is “unlikely”.
Think value-maximizing-agency discounted by probability, not agency-free-probability-likeliness weighted by value.
Value not probability.
Probability-based arguments are virtually always lies.
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DoomPosting
21% is the new 38% So BTC to $58k Then bull resumes
BTC taps $58k again
Looking closer, yes, nothing in this theory stopping $58k being hit multiple times
Just like e.g. how it was tapping the low multiple times in that second one from the left in this chart.
So $58k remains the ~low before the next high — but $58k might be hit multiple times before next high?
Looking closer, yes, nothing in this theory stopping $58k being hit multiple times
Just like e.g. how it was tapping the low multiple times in that second one from the left in this chart.
So $58k remains the ~low before the next high — but $58k might be hit multiple times before next high?
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DoomPosting
Photo
Amazing!
Oh but he faked it.
F&ing loser KOLs.
Saying one thing and then doing the opposite.
FWIW I’ve NEVER followed any KOLs based on their supposed great trading records, that are all faked. Don’t need their BS poisoning your mind.
Instead only following those who are the sources of the best bangers.
Served extremely well in this memecoin supercycle.
Oh but he faked it.
F&ing loser KOLs.
Saying one thing and then doing the opposite.
FWIW I’ve NEVER followed any KOLs based on their supposed great trading records, that are all faked. Don’t need their BS poisoning your mind.
Instead only following those who are the sources of the best bangers.
Served extremely well in this memecoin supercycle.