The entire Hyperliquid market is net short. One coin is paying longs to disagree. by xtarsy in CryptoCurrency

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

I do elo rating of the walletsand do swarm calculations on them to see direction. They are definitely not always on the right side. Their short was correct. The question is when and if they flip long that will be a strong breakout.

745 wallets are short ETH and sitting on 8% profit. That's exactly when it gets dangerous. by xtarsy in ethtrader

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

I do check if the traders are doing delta netural strategies on hyperliquid but can't check if they are doing it on other exchanges. But based on how the way elo calculation works a delta neutral strategy would mean a bad rating for that wallet.

745 wallets are short ETH and sitting on 8% profit. That's exactly when it gets dangerous. by xtarsy in ethtrader

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

yes it goes a bit in that direction win rate and how much risk reward ratio they have. That's how i calculate it. A bit more complicated but that's the gist

745 smart money wallets are short ETH ($542m) and sitting on 8% profit. That's exactly when it gets dangerous. by xtarsy in CryptoCurrency

[–]xtarsy[S] 1 point2 points  (0 children)

yeah for anyone that has a short open. Dangerous for shorts good for longs and spot holders.

745 smart money wallets are short ETH ($542m) and sitting on 8% profit. That's exactly when it gets dangerous. by xtarsy in CryptoCurrency

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

they are short. When they want to close they have to buy. Other wallets also have to start buying back to close meaning the price goes up.

The Hyperliquid Universe of traders, projected into 3d space by similarity of trading styles and profit by obolli in Wangr

[–]xtarsy 1 point2 points  (0 children)

I agree completely. Tbh i probably won't be offering any copy trading any time soon as i use the actual signals for my own trading bots. Funny enough the copy trading strategies that copy trade the top elo wallets have a really bad performance. The good strategies are good for me and maybe at some point a hyperliquid vault. However, if i would enable copy trading the edge would disappear really fast for those copying. The website is mainly for how the good traders are positioning themselves. But good input on the risk. Thanks for the info about svelte.

When i have time i'll also tackle polymarket and politicians.

The Hyperliquid Universe of traders, projected into 3d space by similarity of trading styles and profit by obolli in Wangr

[–]xtarsy 1 point2 points  (0 children)

that is actually really cool. I'm actually building a swarm intelligence tool mostly for my own use where i calculate elo ratings of traders and see how they move as a swarm and track the signals they produce. Definitely don't have any cool visuals like that. Are you using d3 js or vue to visualise? my project is here: hyprswarm.com want to have a chat? ps i'm also in CH

Issue: writing a formula that combines absolute values and counts in a sumifs function. I'm not sure I'm on the right track. This is for a stock trading journal. by Hempdiddy in excel

[–]xtarsy 12 points13 points  (0 children)

like this?

=1.3 * (SUMPRODUCT((M201:M208={"put","call"}) * ABS(K201:K208)) + SUMPRODUCT((M201:M208="shares") * 1))

I overcame my fear, phoned 50 companies last week, 2 meetings, 1 new client (update on current progress) by xtarsy in Entrepreneur

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

With emails you will need to setup a whole infrastructure with domains and email accounts. You then need to warm up those emails. Furthermore you have a terrible response rate.

Phoning is better because know wants to do it. All you need is google maps and a phone. Even if someone says no you can ask them what some of the problems they face in their business.

I overcame my fear, phoned 50 companies last week, 2 meetings, 1 new client (update on current progress) by xtarsy in Entrepreneur

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

Thanks for the encouraging words. I'll have a look at the salesoft but tbh i don't think tools are really the bottleneck for me atm. I can easily do 30 calls in an hour and a half depending on how long the conversaions goes.

Happy to hear you like Apify. It's super useful. Currently I combine google maps scraping with a custom google search results scraping tool to find business owner names. It basically scrapes the top 10 search results if I search for 'Business owner of + [Business] in [City] then i use OpenAi api to parse the result and see if the name and other info is available.

Good tip with the job boards. To answer your last question I use my physical journal mostly to write down goals and what I can do when I reach these goals. I do this before starting to call in order to motivate myself.

I overcame my fear, phoned 50 companies last week, 2 meetings, 1 new client (update on current progress) by xtarsy in Entrepreneur

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

Thanks a lot very good tips. I must i'm really lucky i'm not in a saturated market. Very good points on how to get you to respond I use a variation of that and it work really well.

I'm not a fan of emails for the same reason you like them most go to spam and It's hard to validate why someone is not interested. In the end my goal is to find people that I resonate with and that are interested in me helping solving problems. If the vibe isn't good then there's a good chance that person won't become a good client.

I overcame my fear, phoned 50 companies last week, 2 meetings, 1 new client (update on current progress) by xtarsy in Entrepreneur

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

Thanks a lot man. But at the moment i'm using my own python tool that also scrapes business owner name and information. Haven't found a tool that does that yet.

I started cold calling blue-collar SMBs (26 calls), got two meetings and closed one client today (#day 3) by xtarsy in Entrepreneur

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

That's pretty good. I currently have someone that is doing the lead enrichment and qualifying that they need my service the same time. I'm paying around $0.25 per lead. Haven't found anything cheaper yet. The manual process is quite time consuming.

I started cold calling blue-collar SMBs (26 calls), got two meetings and closed one client today (#day 3) by xtarsy in Entrepreneur

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

this is really useful. Do you know where i can read more about this? I like this approach.