androidsixteen on Warpcast

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https://warpcast.com/~/channel/six

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androidsixteen pfp

@androidsixteen.eth

I'm not a natural trader either. Traders think discretely, and I think continuously Eg. Trading dogma is to cut losses quickly. You lose more by remaining "attached" to an under-performing position But if you thought that way, you couldn't run a startup. You *must* be emotionally connected even at the lows

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Zinger ↑ pfp

Unironically I think this is an advantage in a trading environment where there’s a lot of volatility and asymmetric returns

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grin pfp

same, im more a founder/angel type so i end up never selling for me the right strategy is to focus on long-term bets and ignore short-term movements this year i leveled up by focusing on timing and sizing

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links 🏴 pfp

Price goes up: 😁 I’m making money baby Price goes down: 😁 ima buy more for cheap! Price stays the same: can’t devs DO something?!?

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Mac Budkowski ᵏ

+1, never set up a stop loss since started trading crypto. Lost a bit because of that but made 100X more than I lost thanks to asymmetric returns

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SuperBuu pfp

Trading with any emotional connection is a dangerous game to play especially if you're trading shitcoins

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maurelian pfp

There are roughly 5 people who are actually good traders

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agusti pfp

A better trader than me said you should enter each trade as a blank slate without all the baggage we attach But yeah cant’ do neither

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Zorqukamo pfp

Traders cut losses quickly, but startups need emotional connection

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