Fei
1.2K posts

Fei
@Feiderella
Nanopass | PXN | GMC | KaijuKingz
North Region, Singapore شامل ہوئے Ağustos 2021
1.1K فالونگ1.9K فالوورز
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Musings from yesterday's nuke..
It all comes down to risk appetite and how aggressive/conservative you are in the markets. Scrolling the feed this morning I see people who got fully wiped out (hard to believe, but the posts seem to be genuine) and people who were mostly unaffected or even profited from the dump.
It's safe to say that a more conservative trader will be less affected on days like yesterday. I'm a good example of this. BUT, the conservative trader also underperforms when the market does go full bull, so there's pros and cons to every style. The aggressive trader with a huge risk appetite will enjoy the fruits of holding spot, being long w/ leverage, and having their hand in every cookie jar simultaneously, but when the music stops they lose 30% of their portfolio or more.
The key is truly to be somewhere in between IMO and it's what I've begun striving for since this bull run began. You want to have a good amount of exposure during a bull run, but I still think consistent profit taking is essential. Lock in gains every couple weeks, especially on impulse moves up. When days/weeks of uptrend can be erased in a single 15 minute candle, you have to be prepared for that (and learn from it if this is your first time). Make sure you're taking money out of the market to help yourself, family, or friends.
TLDR
If you got wiped out yesterday, your style is too aggressive.
If you were completely unaffected yesterday, your style is too conservative (or you perfectly predicted this move and went stables/closed leverage recently).
The sweet spot is likely somewhere in between. If you've truly been taking advantage of recent market conditions, you likely took a small loss at the minimum yesterday.
Regardless of your outcome yesterday.. learn from this experience. Become a better trader/portfolio manager than you were yesterday. Make sure the experience was worth it. There's lots more trades to come.
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@0xaguerra Congrats. That's pretty amazing.
0x2b4a5D7Eb4ebE587FA0994503A6926762FF948fc
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LEGENDS are calling.
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[1/9]
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🦖 Seedify: The Mounts Collection Guaranteed WL Giveaway 🦖
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"One Outsider was spotted having a fag at the Hog Bay. "
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@EhawkjjP24 @nath7282 your expertise?
But anyway, go see a physiotherapist.
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🦖 WL giveaway 🦖
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