The Wolf Den #14 - BTC, Alts, Legacy Markets, News And Lessons!
thewolfden.substack.com
A wise man of unknown origins once said that there are two kinds of traders.Traders who are humble in the market.Traders who will be humbled by the market.I have been number 2 in the past, but intend to remain number 1 in the future! The past few weeks (and months) have been some of my best ever trading multiple markets. I am extremely grateful that things have been going so well, but expect that my trading will likely revert to the mean in the near future. The more success I have, the more I tighten my risk management to prepare for the inevitable losing streak that will eventually rear its ugly head.“I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have.” — Paul Tudor JonesIf there is one thing that I can impart to every reader of the newsletter and on Twitter, it is that protecting your capital and managing your risk are far and away the most important aspects of trading. Nobody wins on every trade - it is how you manage your losses that keeps you in profit, regardless of market and time frame.As a note to my free members: every Thursday, I chart requests on any asset for my paid subscribers. If you would like to request a chart or have access to the newsletter 2-3 times a week, please join below. I can assure you that the paid memberships is worth far more than $15 a month.https://www.getrevue.co/profile/TheWolfDen/membersThese are the coins and stocks that I looked at last Thursday alone - $ADA $BAT $BYND $CRON $EOS $ETH $IOTA $KMD $KNC $LINK $NEO $NFLX $REN $RLC $RVN $SQ $UBER $VET $WTC $XMR $XRP $XTZ $ZEN.Phew!As always, if you cannot use a credit card through the system here, you can contact me directly via email or on Twitter DM to pay in crypto. This is my densest issue ever - I am starting to feel like I am writing a magazine. So let's get to it. What's in this issue:Bitcoin AnalysisTexasWest CapitalAltcoin Charts And Trades: ADA, BAT, EOS, HOT, LINK, TRX, XMR, XTZTrendSpider - Optimized And Automated TALegacy Market Charts - Amazon, Gold, Netflix, USD/JPYMind The Gap: Identifying 4 Different Charts GapsUS Congress Proposes Tax Free Small Transactions$450,000,000 Bitcoin Moved - For $.25!The United States Holds Iraq's Money HostageTrading Exercise - Can You Guess Up Or Down?Interview With Mr. BackwardsMy Preferred Platforms And Tools
The Wolf Den #14 - BTC, Alts, Legacy Markets, News And Lessons!
The Wolf Den #14 - BTC, Alts, Legacy Markets…
The Wolf Den #14 - BTC, Alts, Legacy Markets, News And Lessons!
A wise man of unknown origins once said that there are two kinds of traders.Traders who are humble in the market.Traders who will be humbled by the market.I have been number 2 in the past, but intend to remain number 1 in the future! The past few weeks (and months) have been some of my best ever trading multiple markets. I am extremely grateful that things have been going so well, but expect that my trading will likely revert to the mean in the near future. The more success I have, the more I tighten my risk management to prepare for the inevitable losing streak that will eventually rear its ugly head.“I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have.” — Paul Tudor JonesIf there is one thing that I can impart to every reader of the newsletter and on Twitter, it is that protecting your capital and managing your risk are far and away the most important aspects of trading. Nobody wins on every trade - it is how you manage your losses that keeps you in profit, regardless of market and time frame.As a note to my free members: every Thursday, I chart requests on any asset for my paid subscribers. If you would like to request a chart or have access to the newsletter 2-3 times a week, please join below. I can assure you that the paid memberships is worth far more than $15 a month.https://www.getrevue.co/profile/TheWolfDen/membersThese are the coins and stocks that I looked at last Thursday alone - $ADA $BAT $BYND $CRON $EOS $ETH $IOTA $KMD $KNC $LINK $NEO $NFLX $REN $RLC $RVN $SQ $UBER $VET $WTC $XMR $XRP $XTZ $ZEN.Phew!As always, if you cannot use a credit card through the system here, you can contact me directly via email or on Twitter DM to pay in crypto. This is my densest issue ever - I am starting to feel like I am writing a magazine. So let's get to it. What's in this issue:Bitcoin AnalysisTexasWest CapitalAltcoin Charts And Trades: ADA, BAT, EOS, HOT, LINK, TRX, XMR, XTZTrendSpider - Optimized And Automated TALegacy Market Charts - Amazon, Gold, Netflix, USD/JPYMind The Gap: Identifying 4 Different Charts GapsUS Congress Proposes Tax Free Small Transactions$450,000,000 Bitcoin Moved - For $.25!The United States Holds Iraq's Money HostageTrading Exercise - Can You Guess Up Or Down?Interview With Mr. BackwardsMy Preferred Platforms And Tools