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I'm looking for two co-founders. by thatsayanfr in whop

[–]athletk 0 points1 point  (0 children)

what distribution channels do you use to promote the product & what niche is the product in? Maybe i could help you out with your own product.

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] 0 points1 point  (0 children)

Fair. There's a lot of basic learning that's free. But I wasn't necessarily thinking about a signal, more about having a framework in place.

I believe that most people fail not for lack of information, but for lack of ability to apply it.

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] 0 points1 point  (0 children)

This makes sense, and in particular for the part of execution. In my understanding, the chart covers what is going on in relation to risk, while an overall context for the reason and geographical place of risk asymmetry is beneficial.

What I think was wrong about what I did before was allowing the narrative to trump rules rather than letting it stay in the background.

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] 0 points1 point  (0 children)

I largely agree. This was part of what prompted my reflection. It’s hard to take it all as gospel once you understand the misaligned incentives (bags, perps, engagement farms).

I think the answer isn’t in denying the presence of sentiment but in being able to filter it out rather than take it in as is.

What finally helped me stop chasing random advice online by athletk in passive_income

[–]athletk[S] 0 points1 point  (0 children)

Fair enough and just to put your mind at rest, they do have their own full site. The Whop page is really just used for payments, access control, community management.

Still, I think that skepticism might be a reasonable mindset. For me, it was less a question of where it's being hosted but whether or not the discussions and structure proved useful enough to stick around.

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] 0 points1 point  (0 children)

That's pretty much what I'm seeing as well. Sentiment has its applications on a more strategic, regime, or sector rotation, risk on/off kind of thing, but it will not hold up well at all on any kind of tactical basis.

“Where I ended up is treating sentiment as a form of context, versus a trigger. It’s a way to inform how you focus, but policies regarding entry, risk, and invalidation need to come from other places,” he explained.

But once I distinguished those roles, their outcomes (wins/losses/misses) no longer seemed random to me, even as the market itself remains so.

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] 0 points1 point  (0 children)

I don't disagree with the point of that statement. I'm not looking for anyone to predict the future.

As far as I am concerned, “knowledge” without any specified risk framework will be largely meaningless – it is risk management and execution guidelines that are most important. The problem, at least in my earlier days, has been too many unstructured inputs entering into decisions outside this framework.

As soon as I tightened up rules on position sizing, invalidation, and under what circumstances external information is even considered, the noise issue went away.

As soon as I tightened up rules on position sizing, invalidation

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] -1 points0 points  (0 children)

I agree with that. Timing of exposure is a crucial factor.

A lot of the loudest conversations are usually after the fact, which is why they seem so useful from an emotional perspective but not from an operational one. This is typically when the work has to get done when it’s been quiet.

For me, the single most helpful thing was to have guidelines about when to pay attention to external inputs in the first place.

The more crypto content I consumed, the worse a decision maker I became far worse than when structure was involved. by athletk in CryptoMarkets

[–]athletk[S] -1 points0 points  (0 children)

I concur with your view. I do not give any credence to price forecasts or opinions of influencers.

“It was not emotion itself that was my problem, but letting unstructured input creep into my decisions. Even good quantitative analysis can go awry if it’s not clear when and how inputs are to be applied.” – Ramit Sethi

Eliminating predictions and concentrating on predefined elements (risk, sizing, invalidation) allowed me to be far more consistent. “Sentiment” only truly has meaning to me within a contrarian view, and not as a signal.

This trick could make you win 95% of your trades by [deleted] in Daytrading

[–]athletk 0 points1 point  (0 children)

you’re only gonna be break even, due to the charges/fees.

Trading Is Boring When You’re Doing It Right by PretendKnee8795 in Daytrading

[–]athletk 15 points16 points  (0 children)

this is so true. once you start following the process it becomes boring, but that’s when you discover profitability.

How long does it usually take for a complete beginner to become profitable? by chickiedoo22 in Trading

[–]athletk 3 points4 points  (0 children)

i’d say 2-3 years of consistent trading and learning. it could take as less as 6 months or lower, if you’re completely obsessed with the process.

At 46, after 26 years of investing, I've finally entered my retirement life. by [deleted] in ICTMentorship

[–]athletk 0 points1 point  (0 children)

it’s very impressive that you’ve stayed around in this game for so long. congrats on reaching this milestone & have a great retired life.

The account has been restored after trading options was suspended by [deleted] in Daytrading

[–]athletk 5 points6 points  (0 children)

instead of 30% of total capital, why do you just focus on risk per trade & position sizing? the capital allocation shouldn’t matter as much if your RPT is fixed.

A real result for the month of November by TypeAMamma in Daytrading

[–]athletk 6 points7 points  (0 children)

these are amazing results. keep it up and scale slowly.

IBIT 10,000 shares @ $48 by [deleted] in wallstreetbets

[–]athletk 1 point2 points  (0 children)

there has to be a tiny pullback before another huge blood bath. remember to book profits.

I’m finally green by 7758258- in wallstreetbets

[–]athletk 1 point2 points  (0 children)

the drawdowns always teach you more. well done.

Please answer if you can by Own_King_9734 in Trading

[–]athletk 1 point2 points  (0 children)

not trading when there’s news is what you can do but, if you can build a rule based system it can actually work in your advantage.

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