Video popped up on my feed: “You’re not profitable because of what you do outside of trading.” Lads, the psychology slop genre has gone too far. I can put a Buddhist monk in front of a terminal - he’s generally not gonna make any money. You need some sort of edge, strategy that’s +EV, or even a broad idea of a market effect that you’re trying to monetise. There has to be a sensible foundation for the actual trades you take, and then ‘psychology’ can help with reducing unforced errors. Most of the trading psychology stuff is cope; it allows you to focus on breathing exercises instead of confronting that your clicking is completely random.

Nothing is too interesting to me here in the market. I'm currently in Europe for the entire summer, and honestly it's helped my trading ALOT. My trading frequency has gone way down - I've still been checking into the market but just watching mostly. The last month I've taken mostly very short term trades (day trading). Up until a month ago I was still trying to go for bigger wins. For me these bigger wins are mid 5 figs+, and it just got to a point where I would roundtrip these amounts many time throughout the month. It was just super frustrating. Since then I had decided to switch it up and barely even hold anything overnight. It's helped my trading psychology ALOT and also put me into a good rhythm I didn't have before. People forget - myself included - that these small wins and losses really add up... whatever that small figure is for you (insert here). For me it's 4 figs... I would treat that a pretty much breakeven. But when you think about it, if you make these small amount even a few times a week before you realise you're up mid 5 figs+ by end of month. This also has an inverse effect, you take 'small losses' (paper cuts) that can really add up. Then you look back on the month and think 'wtf I'm down mid 5 figs how did this happen'. To put this into perspective I am up roughly $150k the last 30 days purely from taking these 'small trades'. Not bad. Anyway, this is probably the longest time I've gone without tweeting. But it's just the current market environment. There's just really not alot to say. We got the move up, we got the rotation to onchain and now we're seeing rotation from RH to other chains. This usually marks close to the end of the trend. Stay sharp and chat soon.

ICYMI NEW POD We Cover: 🔸 The trader’s mindset 🔸 Using LLMs to trade 🔸 Is Warsh actually hawkish? 🔸 Dollar-yen intervention 🔸 Bitcoin’s lost narrative & more! @donnelly_brent @fejau_inc TIMESTAMPS: 00:00 Intro 02:00 Trading Outside The Box 06:38 Trading Psychology And Risk 12:46 AI As A Trading Tool 19:33 How LLMs Shape Markets 25:19 Kevin Warsh And The New Fed 33:37 The Yen Intervention Playbook 41:40 Is Government Debt Sustainable? 43:00 Has Bitcoin Lost Its Narrative?

I think you do nothing and outperform here. There’s a solid case for time base capitulation yet to unfold. Unless you have a really good reason to click buttons - then don’t at all. Boredom will cause a lot of unnecessary losses. Occupy your time with other things. Focus on sharpening your trading psychology.