This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COA 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! 2020 was my best year of trading across multiple markets. I did well shorting the stock market through the Covid drop and crypto exploded - we were just lucky to be there during that time. I have learned in the past that anytime things go exceptionally well I can 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. In this case, I almost stopped trading entirely in 2021, opting for just buying dips and holding long term. I completely removed my ability to give it all back like I have in the past.“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. Sometimes that means taking no trades at all.In This Issue:Be Humble And Manage RiskBitcoin Thoughts And AnalysisAltcoin ChartsDerivatives 101Amazing Thread On Risk ManagementOver 5% Of Ethereum’s Supply Is StakedAndreessen Horowitz Raises $2.2 Billion For Crypto InvestmentsEl Salvador Is Giving Everyone BitcoinBitcoin 2022My Recommended Platforms And Tools
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The Wolf Den #272 - Be Humble
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This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COA 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! 2020 was my best year of trading across multiple markets. I did well shorting the stock market through the Covid drop and crypto exploded - we were just lucky to be there during that time. I have learned in the past that anytime things go exceptionally well I can 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. In this case, I almost stopped trading entirely in 2021, opting for just buying dips and holding long term. I completely removed my ability to give it all back like I have in the past.“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. Sometimes that means taking no trades at all.In This Issue:Be Humble And Manage RiskBitcoin Thoughts And AnalysisAltcoin ChartsDerivatives 101Amazing Thread On Risk ManagementOver 5% Of Ethereum’s Supply Is StakedAndreessen Horowitz Raises $2.2 Billion For Crypto InvestmentsEl Salvador Is Giving Everyone BitcoinBitcoin 2022My Recommended Platforms And Tools