Sabitlenmiş Tweet
[Pinned]
I've updated my list of trading resources.
It's now organised into different categories with additional content.
All free, built over the last 7+ years:
docs.google.com/document/d/15c…
English
Cred
28K posts
Cred
@CryptoCred
Always trader, often shitposter, sometimes educator. @breakoutprop
London Katılım Ağustos 2017
1.2K Takip Edilen795.2K Takipçiler
You missed Cash Cat?
You're literally never going to make it.
You had a chance to materially, meaningfully change your life and the lives of those around you.
Instead, your hubris, laziness, and idealistic moral pearl-clutching towards the trenches blinded you to the opportunity.
"There'll be another," you tell yourself.
No, there won't.
There will literally never be another opportunity to make money in financial markets or any type of speculation.
It's over.
They'll use your name to tell horror stories to misbehaving children in the slums of the permanent underclass.
Good luck.
English
@btc_charlie Very fun but also completely different to trading and exhausting in its own way
The team is everything
English
@blknoiz06 Bro said bundlegrape
I hope it works
Although it's reminiscent of "the previous implementations of communism had the wrong leader; make me the general secretary and I'll get it right" type of thing
English
trenches were retail slaughterhouses bc hella coins were obfuscated bundlegrapes, but crypto in general is most attractive to retail because of the ability to get supernormal returns on lowcap projects, & there are QUALITY projects that are being overlooked because of the bundlegrape coins, if we highlight those projects by utilizing attention in a positive manner which i intend to do then crypto will have a better reputation & retail will also make a lot of money finding these projects early
this cycle solana will be home to many unicorns of which people were able to buy at very low market caps, across all different market sectors, ai/rwas/defi/consumer etc etc
English
My thoughts on $ANSEM (nobody asked) are that I’m too old and too washed for this shit
I’m also not super sold that bringing back the trenches is a worthwhile objective given they were one of the most efficient retail slaughterhouses we’ve seen in a while
Pic related
GM
English
Generally started seeing better results with 1) wider invalidations; 2) giving the trade more time if it's MTF-HTF; 3) shoving below support/above resistance; 4) not engaging in scaling or too much partial chicanery, at most a couple of clips
The ridigity layer should be in the setup side vs trigger side IMO (which makes sense because that's where most of the edge is supposed to be)
English
@CryptoCred Personally never understood the confirmations. See then as more of a give my invalidation some extra room to be right.
Then I see the merit to this as if you’re too ridged you can miss out n a lot of trades.
What’s your preferred cocktail as a veteran and successful trader?
English
Thanks for all the feedback on the last post.
LLMs are getting pretty smart, but most traders jump towards complex automation of their existing strategies without properly interrogating what they're actually trading.
Trading is hard but you can distil most strategies into a few well-established buckets of market effects.
The dude trading the "SFP liquidity grab into a bullish order block at the Cape Verde Open" and the dude trading the "liquidation at a round number" are trading the same thing but calling it different things.
The valuable part is in the mechanism, not in the label.
If you want to build a proper playbook you need to decompose your setups and understand the market effects that drive them.
I mentioned that you can do this with an LLM but didn't specify how.
Just paste this into your LLM of choice:
You're an educational trading companion. Your job is to lift the fog on what I actually trade.
Interview me one question at a time. If I can name a setup I trade, start there. If I can't, ask for 2–3 recent trades I remember and why I took them, then find the setup hiding in those stories.
Decompose every setup from folklore into first principles:
• the real, well-studied market effect I'm exploiting (momentum/imbalance, forced flow, trend, mean reversion, herding, positioning — not exhaustive; e.g. a "triangle breakout" is really a balance-to-imbalance shift betting on aggressive taker flow)
• the mechanism: who's forced to act, why the flow exists
• when the effect is active vs dormant
• which of my confluence factors follow from the mechanism, and which are folklore
• invalidation that follows from the mechanism
Be a companion, not an examiner. Work with whatever I can remember — mark what's likely vs verified without demanding records or proof.
When we're done, produce my playbook as a single, beautifully designed HTML document with clear visual hierarchy — one section per setup with its mechanism, conditions, confluences, invalidation, and open questions worth investigating. If I paste in an existing playbook, refine it — don't start over.
Cred@CryptoCred
As someone who loves trading technicals I think learning about markets via technicals (like I did) is one of the worst ways to start It’s a rigid framework where grown men argue with each other about the exact Japanese name for a specific candlestick or a box they’ve drawn on an arbitrary time frame It doesn’t teach you the foundations - why markets move, different types of participants, microstructure, order types and their impact, perps vs spot, and all that stuff - market ‘plumbing’ as a category One of the biggest issues with being hyperfocused on technicals is that they don’t teach you principles and market effects Most technical setups can be decomposed into broad buckets which are well-established (trend, mean reversion, momentum, order flow / price impact, vol clustering etc.) A lot of technical analysis is an often unknowing attempt to map those broad market effects into a recognisable pattern But even a technical-first view is better served by understanding the underlying market effect first and then decomposing it, as opposed to focusing on the specific pattern without ever looking at what’s happening under the hood “This type of triangle tends to go up” is a lot less useful than “this type of flow tends to resolve higher over N time frame”, even if you use the same triangle to identify it Another example: if you’re drawing a support level and buying it, you’re assuming some version of buyers being more aggressive than sellers in that area over a given time frame and predicting a higher price as a result - but what does that mean? Shorts closing / taking profit, allowing for mean reversion? Aggressive sellers being absorbed by passive buyers? Some price insensitive buyer predictably stepping in at a value area? Sellers getting margin called and forcibly trading at bad prices/causing a dislocation? Clustering of orders creating some sort of imbalance? And so on. There’s definitely a risk of overthinking this stuff, and you can make money from charts alone But if you haven’t thought about the underlying market effects and ‘plumbing’ for your setups you’ll likely be stuck in rigid pattern matching that doesn’t generalise and isn’t subject to deeper investigation and more nuanced application Even if your main lens remains TA-focused, there is no harm in understanding the stuff you’re trading on a product level (eg perp contract specs, OI, funding, mark/last/index etc) and on a foundational level (why and how markets move) Especially now that you can jam this stuff into an LLM and keep saying “dumb it down” until you get it, no excuse not to do your homework This is something I really wish I did much earlier in my trading life, so hopefully it resonates with a fellow trader stuck in TA psychosis spending his mum’s credit card on a fourth Udemy candlestick course Anyway GM
English
@rolledonsol I think there's a lot of bloat around triggers
People tend to have setup triggers and then entry triggers within the setup
It's all a bit much, and most of the time the triggers conveniently give you a worse entry with lower EV and it's dressed up as 'confirmation'
English
@CryptoCred Would you say to keep it simple with a max 2/3 triggers? See this preached all the time but fail to see how this provides edge when its consensus?
English
@Levi_Researcher It's how you sell courses
Call it something else, make it seem like hidden esoteric knowledge etc. while you're drawing the same box as everyone else
English
@CryptoCred funny how once you strip the setup names it all collapses to the same few flows we’ve been tracking for years, traders love their folklore
English
"We just had the cynicism cycle, that's why everything went to zero and crypto isn't taken serious anymore"
"So what should we do about it?"
"Maybe launch some more grifter garbage, jerk each other off on the timeline and ruin the space some more?"
This space deserves zero
English
Casual Friday is one of the longest-running crypto trading podcasts.
You should listen to it because the hosts are extremely qualified:
DonAlt got liquidated buying the top of XRP memecoins and ran away to New Zealand.
I last took a trade in the Great Corn Depegging of 1912 and haven't touched an orderbook since.
Enjoy.
0:00 BTC sub-60k
2:31 MicroStrategy overhang
21:10 Schizo deep dive on trading levels
37:18 ETH, HYPE, SOL
1:07:00 Why you need to gamble when you're young
1:16:31 SpaceX is trading like a shitcoin
English
Almost nothing beats watching a growth story unfold in real time, and that's exactly the case with @ProprXYZ.
It feels like just yesterday I was watching Lou's stream with no revenue. Today, Propr has generated over $1 million in revenue and is still only 10% of the way toward the overall goal for his streams.
I'm genuinely happy to witness this growth and even happier to be a part of it.
If you're interested in joining Propr, I'd be glad to welcome you and show you the ropes.
Here's to the next million dollars in rev 😁🥂
English
Guys need some no bullshit feedback
If you use Kraken: What do you hate about it? What’s the worst part or totally missing?
If you don’t use Kraken: Why not and what would change your mind?
You can be as harsh as you like, I’ll take your feedback and it’ll go straight to leadership
English
@ScottPh77711570 Very noteworthy 😭
Speedy recovery on the shoulder lad x
English
@CryptoCred LMAO! GM mate, whats crackin?
I just ate this noteworthy plate of scones and now I feel sick
English
As someone who loves trading technicals
I think learning about markets via technicals (like I did) is one of the worst ways to start
It’s a rigid framework where grown men argue with each other about the exact Japanese name for a specific candlestick or a box they’ve drawn on an arbitrary time frame
It doesn’t teach you the foundations - why markets move, different types of participants, microstructure, order types and their impact, perps vs spot, and all that stuff - market ‘plumbing’ as a category
One of the biggest issues with being hyperfocused on technicals is that they don’t teach you principles and market effects
Most technical setups can be decomposed into broad buckets which are well-established (trend, mean reversion, momentum, order flow / price impact, vol clustering etc.)
A lot of technical analysis is an often unknowing attempt to map those broad market effects into a recognisable pattern
But even a technical-first view is better served by understanding the underlying market effect first and then decomposing it, as opposed to focusing on the specific pattern without ever looking at what’s happening under the hood
“This type of triangle tends to go up” is a lot less useful than “this type of flow tends to resolve higher over N time frame”, even if you use the same triangle to identify it
Another example: if you’re drawing a support level and buying it, you’re assuming some version of buyers being more aggressive than sellers in that area over a given time frame and predicting a higher price as a result - but what does that mean?
Shorts closing / taking profit, allowing for mean reversion? Aggressive sellers being absorbed by passive buyers? Some price insensitive buyer predictably stepping in at a value area? Sellers getting margin called and forcibly trading at bad prices/causing a dislocation? Clustering of orders creating some sort of imbalance? And so on.
There’s definitely a risk of overthinking this stuff, and you can make money from charts alone
But if you haven’t thought about the underlying market effects and ‘plumbing’ for your setups you’ll likely be stuck in rigid pattern matching that doesn’t generalise and isn’t subject to deeper investigation and more nuanced application
Even if your main lens remains TA-focused, there is no harm in understanding the stuff you’re trading on a product level (eg perp contract specs, OI, funding, mark/last/index etc) and on a foundational level (why and how markets move)
Especially now that you can jam this stuff into an LLM and keep saying “dumb it down” until you get it, no excuse not to do your homework
This is something I really wish I did much earlier in my trading life, so hopefully it resonates with a fellow trader stuck in TA psychosis spending his mum’s credit card on a fourth Udemy candlestick course
Anyway GM
English
@Tradermayne @breakoutprop I don’t wanna be at the tip bro sounds kinda sus
English
We are looking for more BDs to join the team at @breakoutprop.
If you want to be at the tip of the spear for growing Breakout, working with KOLs and their communities, please enquire at bd@breakoutprop.com
Experience in CEX or prop BD is great if you have it - but more importantly we want hungry, hard working people who can learn and adapt quickly.
If this sounds up your alley, please reach out to that email with more information about yourself.
English