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Killa
@KillaXBT
Quantitative trader, 7 years.
Joined September 2024
165 Following    241.5K Followers
I am still in my $BTC long from 76.4K. The plan has not changed at all. Unfortunately, I’m round-tripping a 15% move. But when I took this position, I wasn't aiming for 15%, I was aiming for 75-100%. The plan remains completely unchanged. Painful, but unchanged. In regards to the 10x long strategy, the aggressive re-entry at 82.8K will be taken out at 74K. If we get a wick to 74K, I will re-evaluate and look to enter another 10x long. Amidst times of pressure and FUD, it’s important to remain level headed and not react emotionally or irrationally to price action because of "news." This is, indeed, most likely going to be the last significant low before we trend significantly higher. We are now 13% off the highs. The biggest retrace we saw back in 2022, based on a 77% drawdown, was 22%. I do not think we will drop 20%, so at most, we are probably close to that pivot cycle low. I find it quite ironic that we had Binance FUD aligning with the midterms. Nonetheless, still long & will either hold till my target or SL.
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I am still in my $BTC long from 76.4K. The plan has not changed at all. If you want to catch the big swing movements, you need to be able to sit through slow, time based ranges and boring price action. That is what separates the profitable from the unprofitable, patience, and sticking to your plan despite shifts in sentiment. I will not be moving my SL to entry. I will hold until either my target is reached or I am stopped out. I put genuine money where my mouth is. People always say, "Flipping stances is vital in trading." The only issue is, flipping stances is exactly why most people fuck up. The real question is, has the structure shifted, and has the plan changed? Absolutely not. So there is 0 panic in my mind. 0 second-guessing. 0 doubt. I know what my confluence is, and I am sticking to my plan.
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