What's up guys,
I haven't been as active as my usual hyperactive self here and I attribute that to my questioning of this profile or whatever you would like to call it.
As you may know, I've been studying under a gentleman who runs an energy hedge fund and I've been seeing that he is far smarter than I am and his strategies are far more sophisticated than mine (guy is on leave from a phd program to do this and eight years my senior). This tells me I am far from the best, but then again, he is just insanely brilliant and I am making money consistently and that's kind of all that matters. I haven't spoken about myself really, but I work quite hard (80+hours/week) and that said, it would still take me years to be at this guy's level. I do believe I will get there, because I fight for what I want to the death, but it's made me question whether or not I am doing this at a point when I'm not ready to lead. Then again, I look at the content here and it's not nearly as good as my hedge fund mentor, so maybe I can lead here because I truly believe nothing here stands out as far superior to what I'm doing.
I guess this is an evolutionary process and maybe I will slow down my goals until I feel more like I am ready to truly become an authority. I'm really not sure. I just thought I'd take a moment to explain myself because it has been a very humbling experience - and a wonderful experience. I'm thrilled to be the dumbest person in the room because then I have the most opportunity to grow.
Anyways, I bought bitcoin the other day at $6300 and I'm expecting a bit of a bounce from here. Maybe to $7000 but predicting is pointless. One of this biggest things I am seeing is the tremendous amount of shorts at the moment. I'm expecting them to be squeezed and for their loss to be my gain.
If I have been helpful, please like my work and follow me.
-YoungShkreli
I haven't been as active as my usual hyperactive self here and I attribute that to my questioning of this profile or whatever you would like to call it.
As you may know, I've been studying under a gentleman who runs an energy hedge fund and I've been seeing that he is far smarter than I am and his strategies are far more sophisticated than mine (guy is on leave from a phd program to do this and eight years my senior). This tells me I am far from the best, but then again, he is just insanely brilliant and I am making money consistently and that's kind of all that matters. I haven't spoken about myself really, but I work quite hard (80+hours/week) and that said, it would still take me years to be at this guy's level. I do believe I will get there, because I fight for what I want to the death, but it's made me question whether or not I am doing this at a point when I'm not ready to lead. Then again, I look at the content here and it's not nearly as good as my hedge fund mentor, so maybe I can lead here because I truly believe nothing here stands out as far superior to what I'm doing.
I guess this is an evolutionary process and maybe I will slow down my goals until I feel more like I am ready to truly become an authority. I'm really not sure. I just thought I'd take a moment to explain myself because it has been a very humbling experience - and a wonderful experience. I'm thrilled to be the dumbest person in the room because then I have the most opportunity to grow.
Anyways, I bought bitcoin the other day at $6300 and I'm expecting a bit of a bounce from here. Maybe to $7000 but predicting is pointless. One of this biggest things I am seeing is the tremendous amount of shorts at the moment. I'm expecting them to be squeezed and for their loss to be my gain.
If I have been helpful, please like my work and follow me.
-YoungShkreli
Trade closed manually
I'm just going to take my profit here. As you may know, I am a big move player and it looks like this bounce might be over. Disappointing, but I'd rather lock in a small profit and wait for a better entry. Perhaps a wedge will form near the highs? Maybe I'll stop-buy on the break out - I'm not sure. I don't like the bear flag and like a shark on that show would say, "and for that reason, I'm out."profit: $60/btc long
-YoungShkreli
Note
Also based on the average move being 4ish days, that is another reason this very well might be the end of the move. It might not be, it very well might go right back to the top and break out. I'm okay with that. I just want a good entry and based off of what's happening now, I don't see that. -YoungShkreli
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.