Fortune Collective
47 posts

Fortune Collective
@JoinFortune
For Those Who See Beyond • (Invite-Only)
Apply Bergabung Kasım 2024
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Last day in Miami.
We took the yacht out with the team and I flew in one of our quiet builders from the community. A brother who's been consistently putting in work since the early days. We chatted about his long-term vision and at the end of the day I put his first Rolex on his wrist.
Seeing a friend's face when you take him out, show him the life, and hand him something he'll pass down reminded me why any of this is worth it. All respect to him, he seriously inspires more than he realizes.




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11/16 Market Update (watch in 2x speed)
- Reflections on $BTC PA + sentiment (complacency regarding lower prices + bearish retest exit pump?)
- 2021 comparisons (bull & bear case for macro + alts)
- Still personally betting on scenario #4 (read QRT)
shaams 🐂@shaams
TLDR of the 4 broad $BTC scenarios: 1) BTC breaks down and BTC.d melts up. Supercycle/“trump market” territory, 4 year cycle invalidated 2) BTC & BTC.d break down. 4 year cycle intact. We topped in October 3) BTC rallies into lower high with BTC.d crashing. Weak “alt season” but still 4YC 4) BTC rallies into new ATH as BTC.d crashes. Insane alt season with onchain as hot/hotter than last year Because of how BTC.d is reacting right now as BTC breaks down, it makes me think we're either gonna do either #2 or #3 Hopeful for #4, just objectively doesn’t seem too likely based on current LTF movement
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11/4 Market Update
- Was wrong about $BTC on LTF; still bullish & sticking to plan
- Quality alts not down too bad (for now?)
- Cutting dead bags
- $CLANKER relative strength
- My free TG that I mentioned: t.me/shaamsalpha
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Trench skillset:
To be a great trader (or one of the best) - you need to master or be advanced in 3/4 skills.
Wallet Tracking:
I would say majority or average traders would lean more advanced in this category -> however, this trends into shorter hold timeframes. Regardless, always good to have a pleothra of wallets that you consider good traders that tend to identify narratives quicker than others or "insider". If you sleuth enough, you might bump into the right ones or excel your portfolio just copytrading, though relying on this strategy requires you to be online pretty much most of the day and doesn't you give you the "wagmi" trades unless you get super lucky (but you'd probably paper anyway) due to noise of other confluence traders.
Execution:
Pretty simple, the ability to guage how high the narrative or valuation of a utility/product token can go based on mindshare, mechanics, or catalysts aka the "ceiling". You size based on your risk management and entry the market presents you -> then exit once catalysts and attention shifts/dies down on what you believe is the top.
Narrative hunting:
Your ability to DYOR. This requires you (yourself) to research whether or not a meme or utility has the potential to multiply its value in the coming days/weeks/months/years depending on what you're trading. Once you've found a "good" narrative, you then formulate a thesis on what makes it great, undervalued, potential to moon, and certain catalysts that come into play that can prove that thesis into existence. A more rare-skill since traders actually have to use their own mind, knowledge and experience to guage targets and potential invalidations. This also ties into execution category, if you can master these two -> you should be in the higher % of traders in the market.
Mentality:
Last but not least which i find crucial to trading is your mentality. Being self-aware of your current state whether you're running off momentumn of continued success or coming off a losing streak, but ultimately implementing discipline because it is important to understand what type of trades you have a consistent high win-rate on or what trades you prefer to take based on past knowledge or experience that you've encountered before.
Emotional control: trade at your best mood with a clear mind and 0 distractions. Don't be frustrated when you trade or let the emotions get the best of you -> you either miss trades by doing this or lose money, have confidence in yourself first. Additionally, the ability to know when to take the finger off the trigger and not allow yourself to succumb to FOMO or bad market conditions where you don't have an edge.
Conclusion:
If you master at least 3, you're probably a high-skilled trader above the rest. If you want to trade like the best then you have to be like the best. Always a student of the game; never let the money build an 'ego" -> having confidence and ego are two different things. Stay humble as there are always bigger fish out there.
shoutout to one of our @JoinFortune mentors @kom3thazine for this writeup

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It’s a good day to be in @JoinFortune inner circle…
@8Bolob is up $100k+ on $anon
Really goes to show the power of conviction in your own thesises 🫡

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The mentorship for @JoinFortune is opening soon...
If you are looking for an opportunity to get personal hands-on guidance from @notalexchoi and I to help you become a profitable trader and make trades like these:
Sign up for the waitlist below.
fortunecollective.org/waitlist




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