
Dean Rodgers
45 posts












Several of you have DM’d me asking me to explain how I have been printing $TAO by trading subnet tokens over the last month while many subnets have been going straight down on the charts. Here you go: 1) I’m trading, not holding. The only loyalty I have is to my p&l and protecting my $. 2) I look for reasons to buy a subnet token: - TA: the chart looks like it’s primed for a bounce. See sturdy chart from earlier today. Breaking out of a bull flag pattern. See gradients and chutes from days ago. Gradients triple bottomed. I bought near the bottom. Chutes broke out of a 1.5 month long downward channel. - event driven: news about a subnet. I.e. sturdy being in evolved in bridging liquidity to subnet tokens from Solana and ethereum. Or a new owner takes over an old failing subnet. Or a subnet announces a restructuring with improvements. Or a subnet is featured in novelty search and the interview goes well. Any positive spotlight on a subnet interests me. If charts align with the event, even better. I DO NOT buy new subnet tokens that still have insanely high FDV like Brain for instance. I DO NOT care about market caps. Emissions are high in subnets. Yes. That doesn’t mean price cannot rise. There isn’t a single subnet rt now (except the new ones with trillion $ FDVs) whose market cap scares me away from trading it. 3) I buy the same set amount of every subnet token. It makes it easier for me to monitor my portfolio and take profits. So let’s say I buy 10 $TAO worth of any subnet token I buy (not saying this is the size I use, just picking an arbitrary amount for the example). Now I know if I have even small profits if I look down the line and see any over 10. 4) I take profits early and often. Every day. Say I buy 10 TAO worth of chutes (approx 30 chutes tokens. Chutes price goes higher. Now I have 11 TAO worth of chutes. I SELL 1 TAO worth (around 3 chutes tokens).l which takes me back down to 10 TAO worth of chutes. I now have 3 less chutes tokens. I took 10% profits. In doing so, I lower my downside on chutes. 5) I pay myself - I sent my profits that I’ve booked to an exchange and sell it for USD and send that USD to my bank account. I don’t leave my TAO profits in the wallet bc it will tempt me to redistribute into another subnet. 6) I cut losers quickly - perfect example is NOVA. Just like gradients, it triple bottomed. I bought. I knew my invalidation would be if it violated that triple bottom. It went up a bit and I took some profits. Then it went down and violated the triple bottom. Now I was down on my position. I didn’t HODL or avg down. I exited. Fast. No second thoughts. No loyalty. I care about my $ too much to let it sit in a bad trade rt now. There is too much opportunity elsewhere. I cut NOVA like a bad habit and shifted the remaining funds into fLOCK which is hot rt now. Sure enough, fLOCK immediately pumped a bit and helped me recover some of the TAO I lost on nova. 7) I limit or my portfolio closely. I look for tokens that are printing profits for me and I take profits to bring position size back down to my allotted amount. 8) I don’t trade too many tokens. It becomes too hard to keep up. I have 10 tokens rt now and that feels like a lot. I’m at my limit. 9) I watch the macro environment - what is current total sum of sn prices? Injected over reserves? If it’s near the bottom and looks to be holding or reversing, that’s an excellent time to buy. What is the crypto mkt in general doing? If Btc is ripping and Tao is ripping, I’m much more cautious and may exit my entire subnet portfolio. I like playing in the subnets when Tao chills out and ranges after a hard rally (like rt now). That’s it. It’s not rocket science, but it does require some experience and understanding of basics trading principals: managing risk, taking profits, no bag holding, understanding how to interpret chart patterns, etc. Hope this helps!





















