Max | Financelly

Day 138 of the $10K to $100K in one year challenge I kind of neglected my page for two weeks while I worked to test a few strategies and get comfortable with trading. Safe to say that did not do wonders for my views. My views are now down to between 400 and 800 per day, while previously crossing nearly 7K a day on average before. Follower count is dead also, and so is engagement. I think I can fix this, but even if I can't, I promised myself at the beginning of the year that > I will make $100K > I will post EVERY day of this year, regardless of the audience presence And so far, I am working towards both. I will get back to posting often everyday now, and see if I can plug the hole before my page goes extinct completely. If you're seeing this post btw, thank you for sticking around. In more serious news, I'm happy I got out of the short yesterday. The old me would 100% have held on to that short for longer than I had to. I saw my invalidation and ran. Good progress. I am now looking for either a break of $80K or a sweep below $72K for me to start building a spot position to sell at between $90K and ATH. No in-between. Let's see how that goes. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 137 of the $10K to $100K in one year challenge Ran out of my shorts for a small $25 loss. I've made significantly more so far, so this is not a real setback, but it's a warning, and one I won't take lightly. I got liquidated a while back shorting what felt like the top but was actually the honest-to-God, stone-cold bottom, and I won't be making that mistake again. I'm now watching and monitoring for a chance to restart my DCA around a clean break of $80K, which it seems may be soon. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 136 of the $10K to $100K in one year challenge I (foolishly, but actually wisely) jumped the gun yesterday and shorted at the time of making my tweet with $1000 margin. I'm up quite a bit now. With that, this previous week is also closing in SFP fashion, which sets up that big short I spoke about. I will look to add to this short anywhere from $76K to $77K, and I'll look to exit around some fresh weekly lows. My invalidation will obviously be a clean break above this last week high with decent volume, but I honestly don't think we get that. I closed all my DEX DN positions this week to being testing a shiny new strategy next week. I think it will be successful. Let's see. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 135 of the $10K to $100K in one year challenge The $BTC 'big short' I was talking about is almost ready. If we close this week as an SFP of the highs, I will personally take the short with about $5000 of challenge funds. My reasoning is simple: there's still uncertainty about the war, and $BTC pumping off the range is suspicious with this uncertainty. I will look to capitalise on that. In other news, I will get back to my regularly scheduled helpful content on Monday. I have something really useful in store, and I can't wait to start sharing again. I'm also still farming my perps as usual. Nothing special, although I may have strategy updates soon. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 134 of the $10K to $100K in one year challenge $BTC is ripping for whatever reason. It seems the accumulation range between $63K and $72K actually held, and the accumulation phase is done. So I may have to DCA accumulate after a confirmed break of $80K. It seems that the downside may be done for now, so I am betting on some form of continuation. I do think there is room for a big short type of trade if this turns out to be a failed range breakout, but we will have to wait for that to play out first before we can make any concrete decisions. As for the other DEXs I am farming, it's still the same: Extended, Variational, 01, TradeXYZ, MarketsXYZ and DreamCash. Nothing fancy, just DCA and funding farms. Nothing exciting in my updates for the past three months or so. It sucks, I know. But I don't want to force something to happen. Hopefully we get some exciting news soon. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 133 of the $10K to $100K in one year challenge Turns out I was right to sell my small spot $BTC for a 14% gain. Not a bad move at all, and I'm proud of it. I am waiting for a confirmed break of $80K to start another round of DCA, or for a break down to $67K to start another DCA again. For now I'm not doing anything. I started testing a new strategy for funding farming, and I will document that from next week when I have enough data points. In addition, I am still farming 01, Variational, Extended, Kinetiq and some other perps here and there, although I'm not really getting exceptional results. The grind continues. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 131 & 132 of the $10K to $100K in one year challenge Amazing read on $BTC from me. We actually did make a new local high, and I've sold all the spot I bought for a nice profit. I planned to DCA in a while ago but never got to it on account of being depressed from losing all my trading profit in one day. I think based on my original plan of buying $300 a day, I would have averaged somewhere around $5000 or so at an average of $66-$67K. Instead I got only $600 in. Depressing, but I don't think this is the true 'bottom'. I think I'll be able to buy lower in a few days, but for now I have sold the spot I bought for a small profit. If we do get above $75K in a durable fashion, I will start DCAing in again towards $90K, but for now I have eyes on $67K to properly get in again. Just a waiting game now. I am, of course, still farming Variational, Extended and 01. They're just very underwhelming at the moment to provide daily updates. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 130 of the $10K to $100K in one year challenge I'm up on the first tranche of my $BTC DCA buys. I started buying on Saturday, but I couldn't post because I was tired asf, so I bundled the two posts for Saturday and Sunday together. I bought with only $600 though, and I didn't expect it to go up this fast. I was planning to DCA for quite a while, so I think when this over-extends, I will sell and buy back lower (sounds like the plot of everyone who ever got left behind while DCAing, I know) It's just a massive coincidence that it went up a day after I announced my buys, so I want better entries. I will wait for a large enough hyperextension and then sell. As for my other farms, I'm still just DN across Extended and Variational and I'm bot farming for 01. Nothing much to update there. Mediocre points for Extended and Variational, but they're free, so I'm not complaining. 01 is faring much better than the other two, but the valuation is lower, because it's still early stage and hasn't picked up steam yet. My large bet is now, funny enough, my DCA position. Hopefully I don't get left behind. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 128 & 129 of the $10K to $100K in one year challenge I wasn't able to post at all yesterday because I was super busy all day and I got tired and slept once I got back. Needless to say I didn't make or lose any money yesterday, same with today. Capital preservation is important, and I will try not to trade on weekends moving forward. The market is shaping up quite nicely. I think $BTC makes new (local) highs next week. It's been super resilient in forming this bottom even on bad news so far. War news didn't break it below $63K (that was the bet that got me liquidated), so I have decided to begin my $60K DCA here. Starting today, I will buy $300 worth of $BTC everyday until we cross $80K, which is when I will stop. I think this is a rather durable point to start doing that. My aim is to sell above $100K, hopefully for a 2x. The $60K is all I have in this world, home and away, so it's a bit risky to dump it all into $BTC overtime. But if my bet on this being the eventual bottom plays out, I will be highly rewarded. I think it's worth the risk. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 127 of the $10K to $100K in one year challenge It was an amazing day today. I ended the day with +$204, and I took zero losses. Volatility was nice, and it was overall a good day. These figures are quite good for someone that is learning, but I realise that I need to operate at a much larger scale before I can actually complete this challenge. Going with this trading route, minus any airdrops, will get me closer to the goal, definitely, but I need to find an edge at something else to fully harness this challenge and bring it home massively. I need to find an edge somewhere. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 126 of the $10K to $100K in one year challenge Very interesting volatility filled day. I ended the day with +$113, although I could have easily walked away with $300. We started the day with a (very expected) down move, which I caught for +320 profit in total, but then the sudden pop up later the day to $72300 bled a bunch of that profit away for me. I have a bunch of issues to work on of I am to make a consistent profit from trading, and one of them is identifying and reacting to trend changes. For instance, I should have been able to take more data points into account to realise that shorting all day would have been a bad idea. I will work on (and document) these issues in the coming days. I am happy though with the result of the day, and I hope I can stay consistent with the profits. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 125 of the $10K to $100K in one year challenge There was a ton of volatility today, but I was AFK pretty much all day, so I couldn't make any trades or posts. I think I can say I sort of saw the short term resolution coming, but I couldn't capitalise. We all know how erratic the US president can sometimes be, but it's all for show at the end of the day. Really wish I could have capitalised on the mayhem. I need to lock in really, or else this challenge may not get completed. It's all in my hands now, but missing days like these is how you leave money on the table. Hopefully never again. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 124 of the $10K to $100K in one year challenge Lots of volatility today, but I ended the day with -$19. I didn't even overtrade today, I just followed the rules and still lost money. Guess it's one of those days. I'm still positive overall on the week, but the constant flip flopping from Trump should have been a telltale sign for me to stay away from markets this week. Aside from this, I also started using Tom's strategy, and it's going ok so far. I also saw the first results from my 01 automation tool, and it's looking ok so far. I'd prefer to funding farm 01 though to keep costs as close to zero as possible. Not too much to update today as usual, so I guess we will see tomorrow. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 123 of the $10K to $100K in one year challenge Lots of volatility today, and I capitalised on that to the best of my ability. I made $105 today, but that was after nearly $87 in losses after I should have stopped trading. My actual issue now is discipline. I should have stopped trading when I was up nearly $200 in one day on a $2K account, but I wanted to chase magic numbers again, and that got me burnt. So technically, I count today as a -$87 day instead of a +$105 day, because I still haven't learnt my lesson. It was this same overtrading that got me liquidated on the first day of March when the war started. I also closed all my DN positions because I want to start using Tom's method and checklist to do my DN. I wrote about that today. My 01 bot burnt through $12, and I turned it off. Let's see how my points fare this week. Didn't do much else apart from all this. But volatility is back, and I'm happy. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)

Day 122 of the $10K to $100K in one year challenge I didn't trade today as a rule of thumb, because of the weekend + holiday + stock market being closed. There was a bit of volatility a few hours ago, but definitely not worth missing the holiday over. I also closed all my DN positions today for like $4 profit (very insignificant) in preparation for Tuesday. The only thing I had running for the entirety of today was my 01 bot. I made about $3K in volume and it MADE me $0.30 after fees. Very nice. Not much to update today. Praying for some volatility tomorrow. Total AUM: 11,285 USDC (+12.85%) Challenge Progress (incl. withdrawn): [█□□□□□□□□□] 1.150% ↳ +800 USDC realized & withdrawn Current positioning: Jupiter Lending: 4,223 USDC (37.42%), Extended XVS Vault: 3,000 USDC (26.58%), Extended: 1,000 USDC (8.86%), Variational: 1,200 USDC (10.63%), Spot USDC: 1,012 USDC (8.97%), 01 Exchange: 200 USDC (1.77%), Withdrawn (Bank): 800 USDC (7.09%)