Don D

201 posts

Don D

Don D

@D0N_Dx

Ex-banker | Price action trader

Katılım Haziran 2020
219 Takip Edilen16 Takipçiler
Don D retweetledi
BowTiedBroke
BowTiedBroke@BowTiedBroke·
I've tried to be straight with you guys. My pest control days, my side hustle Amazon biz that turned into a multi million dollar biz, my Airbnb biz that turned into a construction company. But I need to be upfront once again...it is nearly IMPOSSIBLE to make money on Amazon anymore for small third party sellers. The good ole days of easy flips on Amazon are now long gone. I started flipping crap on Ebay in 2006. Toys, auto parts, oil of olay creams (don't ask). That morphed into Amazon by 2012. 2012 - 2022 were the glory days. Around 25-30% fees on each sale from Amazon meant you could buy an item to flip for $20, sell it for $50 on Amazon and still have a good return. Repeat that times thousands of transactions per year and it was a nice little side hustle that helped me walk away from my corporate job. But with any publicly traded company, they often find ways to start to nickel and dime you to no end. Then, with the influx of Chinese sellers that I wrote about below (even got a response from Elon on that one), it's just become a bear of a place to make any money in. Prior to 2023, my rule of thumb was that an item needed to sell for 2.5X what I paid for it to be worth my while (time wise) to do all the work necessary for the profit (research, buying, sourcing, bagging, barcoding, shipping off to a Amazon fulfillment center...yes it's a lot of work). Now, it's almost to the point where the item needs to sell for 5X what was paid for it to be worth your while to sell on Amazon. As you can see from this screengrab of one particular item I sell Amazon now grabs nearly 50% of my revenue with their "Fees". Granted, in 2012 this was around 25% in total fees. In 2020 yrs it hit around 37%, but now, they’ve just added so many superfluous fees which whittle away at any potential profit a third party seller can make. And keep in mind this screenshot doesn’t even have a returned item, which now proliferates the site (Buyers purchase an item, it gets delivered, they take it out of the box, do a return via Amazon but put some old broken item in the box claiming that’s what came, send the said item back and keep your new item..and Amazon refunds them from your account). A single return like that on a high dollar item will just crush your margins. A few years ago I recommended starting a side hustle with amazon. Today, I don’t recommend it AT ALL. Sure, it can be done, but looking at how the landscape has changed and the number of sellers from China that have infiltrated the site as I outlined in the below post, it’s just not even worth attempting at this point.
BowTiedBroke tweet media
BowTiedBroke@BowTiedBroke

I’ve been selling on Amazon for 14 years. Built a huge business there. It helped fund my exit from corporate America, my re-entry to investment real estate, my lifestyle. But an alarming thing occurred around 2019. I saw A LOT more Chinese sellers popping up. And the crazy thing is, if you took even an hour to scroll through the seller forums Amazon had become rife with Trademark infringements being filed against US sellers. But the caveat was, many of the IP infringement takedowns were coming from a person outside of the US. Amazon would then take the claimants word as gold, destroy the US based sellers account and all of a sudden, a Chinese based seller would pop up on those listings. The US seller could not fight it and Amazon would not listen. A long standing seller, making their living on Amazon, shut down by a single Copyright infringement “claim”. Then to watch multiple OBVIOUS Chinese selling accounts pop up in their place…was not only common, but rampant. But the most insane thing was: Amazon didn’t care about the sellers in the US. They took fraudulent trademark claims as gold, destroying many third party US sellers in the process. The tariff impact on these Chinese sellers will be the “Chickens coming home to roost” for Amazon…and it will be glorious for all of those who suffered as a result of Amazon putting a fraudsters word above a mom and pop third party seller based in the US.

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AntonKreil
AntonKreil@AntonKreil·
This is a slide from a recent presentation webinar I gave called "Crypto' Bro's are on Su1cide Watch" ... I thought i'd share it with you. You can scream at the screen and bash your keyboard / phone as much as you want. I've closed comments. I don't have to share these things with anyone. I just can't be bothered engaging in a rage conversation with someone who turned $1,000 into $6,000 and they think they're part of someone technological altruist movement. It's not trading. Its not investing It's totally g4y! All the narratives have now disappeared. The latest one is "The Infinite Money Machine" 😂 It will disappear too ... Cheers 🍺
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Sumo
Sumo@TraderSumo1·
Your $50,000 funded account is a $2,500 account. The trailing DD is the only money that can be lost. That's your stack. The other $47,500 is lipstick on a pig. So when you risk $500, you're thinking it's 1%. It's 20%. One ES/NQ contract on a 10-20 point stop, and you are already at the growth-optimal bet for a 60% edge. Two contracts: 40%. Three: 60%. 100 trades of a 60% edge turn $10,000 into $2. Your rule book allows six to ten. And your edge isn't 60%. At 55% the optimal bet is $250. Half a contract. The smallest position you're permitted is already double it. Ralph Vince ran this experiment on 40 PhDs in 1992. Two made money. Now ask yourself this "Why are these firms setting me up for failure, by offering far too much position sizing?" I think you know the answer already. The Ralph Vince experiment proves it.
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Oldman Crypto
Oldman Crypto@Oldman__Crypto·
The exchange automatically closed my position/order, and here’s how they responded to me. Has anyone experienced the same thing as me? #Bybit scam😆😆
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Nebraskangooner
Nebraskangooner@Nebraskangooner·
This is tripping me the hell out...
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Zora
Zora@Zorathzzz·
I’ve just canceled my subscription for all 69 subscribers. Your $16,000 will be refunded in full by X. Thank you all for supporting me over the past month.
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Macro Bombastic
Macro Bombastic@MacroBombastic·
@Ryker_Crypto Bro, RSI is just a lagging toy in a manipulated casino. Watch the order flow and liquidations instead, that's where the real moves are.
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Ryker 🇯🇵
Ryker 🇯🇵@Ryker_Crypto·
WARNING about RSI in Crypto and Bitcoin I just want to tell you that RSI is the most useless indicator in Crypto. Crypto is a market manipulated by market makers. It depends on factors like liquidation, the crowd, cash flow, and macroeconomics. A lot of traders use the RSI indicator and always losing. Understand the nature of Crypto and don’t trust indicators like this.
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Pickle Cat
Pickle Cat@0xPickleCati·
Most crypto traders don’t actually want to learn stocks. They spend all their time looking for the stocks that require the least stock knowledge. Then still wonder why they’re not profitable when the reason is painfully fucking obvious.
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dnap
dnap@dnapway·
Martin Shkreli reveals what separates great traders from everyone else "Traders are risk managers, fundamentally. Alpha is critical, but you cannot be a trader without excellent risk management." "You have to be able to get out of a losing position, which for so many people is really hard to do. To a great trader, it's very easy. But you also have to be able to resist lots of different impulses. You can't be impulsive. "That's why not many people are great traders. If anybody could be a great trader, you could easily get to a billion dollars in your personal account, but it's very hard." "Bad traders will either change their mind too quickly, or never at all. Eventually, enough stubbornness will lead you to bankruptcy. But if you unloosen that screw too much, that's not very good for stocks you really believe in that could go up 10 or 20 or 30X." "Good traders know when to get off the ride and not overstay their welcome, which I recommend after a 10x, 20x, 30x. You don't need the last 2x, you got most of it." "You're not paid to calculate, analyzing, channel checks, modeling, research. You're paid to make this line of PnL go up. That's the only part of the job that matters. It doesn't matter if you were right in the long run. All that matters is this line going up."
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Zora
Zora@Zorathzzz·
Think carefully about what I’m sharing because very few people will ever explain how this market actually works. I’ve said this over and over again: THE CROWD NEVER MAKES THE BIG MONEY. Just look at what happened with $LAB. When it rallied from $1 to $17, the crowd kept shorting because they thought it had gone too far. They got liquidated. When it traded around $10–20, those same people flipped bullish, longing for funding and targeting $30+. After the decline started, they encouraged everyone to buy the dip, convinced they would make an easy 2–3x. We all know how that ended. The crowd isn’t stupid. The problem is that they’re constantly driven by emotion and expectations created by the market. A market maker’s job isn’t to make everyone lose immediately it’s to create the illusion that the obvious trade is the right one. Now look at $HYPE. Almost everyone believes $50 is the bottom. They’re telling each other to keep buying. As for me? I’m patiently looking for opportunities to short. Not because I enjoy going against the crowd, but because when everyone believes the same story, I ask myself one question: If everyone is right, who will be left to pay them? I previously worked on a market-making team that provided liquidity for more than 50 crypto projects. That experience gave me a deeper understanding of how liquidity, market psychology, and positioning are often influenced behind the scenes. It doesn’t mean I’m always right or that the market will follow my view it simply means I never take the crowd’s consensus as certainty. Don’t believe me. Watch the market. Verify everything yourself. Learn to think independently. In this market, the biggest profits rarely go to those who simply follow the crowd.
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Ryker 🇯🇵
Ryker 🇯🇵@Ryker_Crypto·
Have you noticed that most of the coins experiencing massive surges in recent months were listed on exchanges less than a year ago? For example : $LAB pumped 300x , $RAVE pumped 100x , $BEAT pumped 50x Meanwhile, projects from the previous cycle are virtually dead, with very few managing to make a comeback. That is why I always advise you to invest only in new projects and avoid trading old ones from the previous cycle.
Ryker 🇯🇵@Ryker_Crypto

If you had bought $100k on altcoins in 2021, you would only have about $1k left now 💀

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ZachXBT
ZachXBT@zachxbt·
Update 3: Over the past 48 hours an entity initially funded by the LAB team deposited 18.4M LAB ($18.3M) to Aster and began selling LAB spot on the DEX which has caused the LAB price to drop another -54% from $1.2 to $0.55. From July 10 to 11 the entity began transferring LAB to three Aster deposit addresses and currently still holds another 81.5M LAB: 0xaad30cab22f772c1658b7845b5837d35bf3a467a 0x76ccfde9819500204985580d235dd8326fa0b241 0x628dd74f428a81cd34ece11331a7f1593f76047a The entity received 196M+ LAB from the LAB team in April 2026, transferred LAB to four Bitget deposit addresses, withdrew to ten addresses from May 11 to 12, and still holds 81.5M LAB.
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Aporia
Aporia@0xaporia·
This is basically everything I hate about trading on socials. As a beginner you get pushed in completely the wrong direction, because the first thing you’re shown is a wall of order books, tick-by-tick prints, and now an AI agent supposedly doing it all for you. None of that has anything to do with why people actually make or lose money. The problem is that this stuff looks highly technical, and beginners confuse “technical” with “competent.” A flashing depth chart and a feed of prices updating every second signals mastery to someone who doesn’t know better, so they chase the aesthetic of sophistication instead of the boring fundamentals that actually work. You end up thinking the person with the most complicated screen is the one who knows the most and now it’s worse, because you’re not even being asked to understand the shit you don’t need; you’ve got an AI agent handling the shit you didn’t need in the first place.
Robinhood@RobinhoodApp

Crypto is coming to agentic trading. Eligible US customers will soon be able to connect their AI agent to a dedicated Robinhood account to trade crypto on their behalf, with the same real-time P&L tracking and push notifications they already know from agentic trading. More soon. x.com/i/broadcasts/1…

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Don D
Don D@D0N_Dx·
@iamritard @_rise yes he is. He edits his posts with AI. Followed him in the past. Another larper
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Blue 💀
Blue 💀@iamritard·
This guy is a scammer or what? He longed $EVAA @ 1$, then when it dumped he deleted his post, when I asked him about that trade he simply blocked me. I am confused. @_rise
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Geiger Capital
Geiger Capital@Geiger_Capital·
Never deleting this app.
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Cassandra Unchained
Cassandra Unchained@michaeljburry·
#kalshi as with all #PredictionMarkets is In a regulatory loophole within an extremely heavily taxed and excessively regulated industry that is gambling no matter what anyone calls it. It is as old as humanity and has driven people to enslave their families and descendents in long ago times. Worse, there is nothing preventing cheating in prediction markets. Cheating, the only activity as old as gambling, with the same power to drive humans to extremes. So Kalshi presents the ability to gamble and cheat, and the loophole allows all of it in every state. So of course it is number 1 by a mile and will keep growing as long as society steps aside and lets these horrific base human weaknesses run roughshod over all and any logical, moral and decent challenge.
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Cryptobull ( Free Premium Calls )
$Apr pumps multiple from here like lab:native Missed $Evaa 700% Dont miss Apr perfect one
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Ryker 🇯🇵
Ryker 🇯🇵@Ryker_Crypto·
How can find 100x coins like $MYX $RAVE $RIVER $COAI ? Pro tip for you - The chart has been trending sideways about 60-90 days - Test pump on chart - Nobody call buy it - When it pumps, there are many KOLs call Short it Interact with me, and I will share a lot more useful knowledge with you
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