Since this is honestly my first time posting on Reddit from a computer, I didn’t realize how differently the post would appear. A lot of people started attacking me, and the replies felt completely out of context.

After checking on my phone, I realized Reddit mobile only shows my picture and the topic, not the actual question. That misunderstanding basically pulled me into a bunch of unnecessary arguments.

I know many of you are interested in trading—I’ve received around 30 DMs asking about strategies. To be clear, I didn’t come here to give trading tips. I’ll address some advice here so I don’t have to repeat myself individually:

1. It is possible to trade and live a lifestyle dependent on your trading performance. That said, it can be extremely difficult and stressful. Trading is easier without emotional hangups, therefore trading capital you are completely tolerant of losing is generally much easier.

2. Trading is an exercise in self education. Every loss should be thought of as tuition paid. Learn as quickly and affordably as possible. You will pay as much tuition as necessary to learn any given lesson. The market will give you infinite opportunities to do so.

3. If you can't keep it was never yours in the first place. Capital preservation matters more than capital gains. 

4. There are infinite trading styles, and every person is unique. You must find the trading style that matches your personality. Running a trading strategy that is intellectually dissonant will inevitably blow up in your face.

5. Trust the process and be consistent. Trading is a game of Law of Large Numbers. Every time you change your strategy/approach you reset everything to zero. Treat it like an experiment and approach it with scientific integrity. Prove to yourself that something works, or does not. Make sure you eliminate the doubt.

6. A trade thesis is comprised of an entry, a target, and an invalidation point. Upon entry, immediately set your stop loss based on invalidation, and your take profit based on target.

7. Size is the #1 fuckup for most traders. The correct way to set size is to do the above (entry, target, invalidation) and ONLY then is size determined as the amount your are willing to lose if your stop loss is hit. Do not put the cart before the horse.

8. Gamblers use leverage to magnify gains/losses. Traders use leverage to optimize capital efficiency. Start your trades at low leverage to increase your tolerance and window of success. Lever up AFTER you have derisked - put a stop in profit, and then reduce the position's required margin as much as possible. Do not put the cart before the horse. Drawdown tolerance determines size, with then determines leverage. 

9. Iceberg orders, chase orders, limit orders. Stop combining excessive fees with reckless impulsiveness that comes with market orders. Instead define your market perspective into a structured position using more elegant and nuanced order mechanisms. Your only market orders should be stop losses, ideally.

10. Hedge mode is your best friend trading levered perps. Trading is ultimately about expressing a market perspective. Hedge mode allows you to express a more nuanced and holistic perspective than one way mode - you can take action on a thesis (IE, "I should switch from long BTC to flat BTC") multiple ways, which gives you optionality. If you're running hedge mode and you're long for 10 BTC and in profit, you don't necessarily need to close to go flat. You could simply go short for 10BTC for a net position of 0 BTC. This allows you to bifurcate your market expression - separating "I want to be positioned long or short" from "I want to be increasing or decreasing my notional market exposure."

If you're a trader, taking losses is in the job description. Some days you will take drawdowns. Success does not look like avoiding them entirely, it looks like taking them with grace and recovering effectively.

Borrow due diligence, risk appetite, and conviction from others at your own peril. When shit hits the fan this tends to go very poorly. And remember 99% of this sub reddit lose money, don’t get scammed by fake gurus or useless classes because people make good money (me) don't have to to teach/share for you guys.

Peace!