Wut it do wut it be Want to kinda touch on something a bit. I vanish anytime I feel the market will be choppy. Or terrible conditions and just don’t trade. Sometimes that’s week and sometimes that’s months. That patience protects me from myself and downside. You have to understand your own strengths, weaknesses, and how to capitalize on them Obviously that’s not a viable option for everyone. Not trading that is. But you should at least ask yourself if you are putting yourself in the best position to win. Or if you are setting yourself up for failure and be honest with yourself. Majority of people are long only. And if that’s the case then the market is setting you up for failure often. Bc crypto trends short periods of time with long sideways periods. Or long downward trends. So even if you do good, you often give a lot back. It’s often one step forward. One step back. The point is. You don’t have to take every trade, and if you are. You’re putting yourself in a position to lose. Be more selective. I think of this market more in terms of well timed shots. Then taking every shot. You wait for others to make mistakes, then capitalize at the extremes. I don’t short crypto, but I do short equities or use other tools to manage risk there and I’ll go into this a lot more too over the next weeks. My book there is often 50/50 long short atm

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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