Trading

Trading journal
Crypto portfolio update

Remember

A commitment to trading is a commitment to a process-oriented mindset.

Consistent strategies

  • Delta neutral
    • NFTFi → Floor protocol (spot buy) + nftperp (perps)
    • Hedging against DEX perps (farming funding rates & airdrops)
  • When cryptos pump, NFTs dump
    • Take advantage of this with options

The cycle

  1. Bitcoin pumps
  2. Ethereum pumps
  3. Alts pump

Altcoin research checklist

AMDD

Timing

  • BTC and S&P are correlated during market trading hours
  • Coins generally dip during the day and run at night
  • Coins run during market close

Dips

  • 40-50%
    • Early in a runner → under an hour
    • Buy if narrative is good, increasing holders
    • Buy first or second 40-50% dip
  • 50-60% (68-70% on rare occasions)
    • First uptrend to downtrend shift in a coin
    • Usually aligns with previous structure and 0.618 fib
    • Grab this if it’s a good coin + good vol
  • 70-90% dips
    • Holders/dist becomes more even, slow build
    • Utility coins
      • If team is working, active, marketing etc
      • Bet on team to deliver
    • Memecoins
      • Coins w good meme/idea will probably floor before real move
      • Sometimes dev abandons/community takeover
      • Look for 80-90% retrace into structure (e.g. previous ATH)
      • Monitor TG/socials for good community
      • Check holder count

Key ideas

Topics in Technical Analysis

Following CryptoCred’s YouTube Series

  1. Candlestick Charts
  2. Risk Management
  3. Market Microstructure

Chart Patterns

Topics in Quantitative Trading

Self-Study Guide

Notes


Appendix

References

Q&A

What is this

{{c1:: yes}}