The Wolf Den #18 - Tesla, Trade LESS Make MORE, BTC, Alt and Legacy Trades
thewolfden.substack.com
Good morning everyone! I hope that you are having a great week and enjoying all of the amazing trading opportunities that the markets have been presenting of late. I will go into Tesla more in depth later, but I wanted to be clear that I am largely out of my position. In the words of a wise man."Nobody ever lost money taking a profit." - Bernard BaruchYes, I have "missed out" on a ton of potential money, having sold the bulk (75%) of my holdings around $580. That said, I am thrilled to have made such an epic trade and will not regret missing out on irrational FOMO that was impossible to predict. You cannot control what the market does after you enter or exit a position - all you can do is prepare a plan and trade it to the best of your ability. Tesla has exceeded all of my expectations.I have had comments that I am posting too many charts, too much information. I will attempt to whittle it down to my favorite setups and ideas, so as not to give you info overload. This is REALLY hard for me!If you have chart requests for Thursday, please respond to this email. They are becoming a bit overwhelming, so eventually I may have to cap them each week.What's in this issue?Bitcoin Charts And AnalysisTrade LESS, Make MOREAltcoin TradesTechnical Analysis Is SubjectiveLegacy MarketsBitcoin Makes All Other Money Obsolete?Iran Using Crypto To Beat US SanctionsOverexposure To AltsLet's Talk About Tesla
The Wolf Den #18 - Tesla, Trade LESS Make MORE, BTC, Alt and Legacy Trades
The Wolf Den #18 - Tesla, Trade LESS Make…
The Wolf Den #18 - Tesla, Trade LESS Make MORE, BTC, Alt and Legacy Trades
Good morning everyone! I hope that you are having a great week and enjoying all of the amazing trading opportunities that the markets have been presenting of late. I will go into Tesla more in depth later, but I wanted to be clear that I am largely out of my position. In the words of a wise man."Nobody ever lost money taking a profit." - Bernard BaruchYes, I have "missed out" on a ton of potential money, having sold the bulk (75%) of my holdings around $580. That said, I am thrilled to have made such an epic trade and will not regret missing out on irrational FOMO that was impossible to predict. You cannot control what the market does after you enter or exit a position - all you can do is prepare a plan and trade it to the best of your ability. Tesla has exceeded all of my expectations.I have had comments that I am posting too many charts, too much information. I will attempt to whittle it down to my favorite setups and ideas, so as not to give you info overload. This is REALLY hard for me!If you have chart requests for Thursday, please respond to this email. They are becoming a bit overwhelming, so eventually I may have to cap them each week.What's in this issue?Bitcoin Charts And AnalysisTrade LESS, Make MOREAltcoin TradesTechnical Analysis Is SubjectiveLegacy MarketsBitcoin Makes All Other Money Obsolete?Iran Using Crypto To Beat US SanctionsOverexposure To AltsLet's Talk About Tesla