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lil perp
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lil perp
@crispheaney
surely you’re joking lil perp
miami Katılım Şubat 2012
1.3K Takip Edilen9.8K Takipçiler

Sone (potentially) interesting notes from trading gold:
1) Bought the ETF because it seemed simpler and I'd be able to borrow against it but limited trading hours really sucked. Probably should of trades the future and handled the roll. Especially considering the favorable tax treatment for short term gains
2) In crypto I've become relatively eager to sell aggressive pumps. Because it was "Gold" and I had a long term thesis I decided to sit on it. Pretty dumb in retrospect and just goes to show if you make a years profit in 1 month, probably just take it
3) Once a position is crowded its less likely to behave as expected. E.g. Israel-Iran war should be a bullish catalyst but everybody being positioned for it and massively in profit leads to a "sell the news" event that shakes out all the weak hands that entered late
4) Lower on positive news should also trigger spidey senses
Being a hobbyist macro trader isn't the most efficient or +EV use of my time but im way too hipster to just buy & hold equity indices so here we are
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if you do it in the moment with out thinking, powerful
if you must first reflect on it, lame
kierkegaard spoke of this
sterling@DjSterlingC
can’t tell if sending your own tweets in a group chat is lame or powerful
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Never opened my deck. Didn’t watch the launch video. Asked for a company hoodie.
meltz@itszach
Our coolest investors never opened our deck
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