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There is so much being said in so many places.
This week I have no idea what to say.
Other than the obvious: Three green lights. Act accordingly until such time as some lights change.
For all the nonsense almost everyone knows nothing about what can and will happen in the future.
I choose not to listen to any of it. If you want to listen, all I ask is that you listen to some small portion of what the other team are saying too. They might surprise you. I don’t just mean in a gotcha haha post it on Twitter kind of way.
Daily timeframe:
Crises over guys! Well done everyone we’ve got fartcoins to buy!
Le Croissant crumbs:
Current Open Equity = 35.2%
Stop Loss Trigger = 30.7%
Current Closed Equity Return = 33.2%
Our open equity outstanding is ~35% since we started in Dec ‘23. We have been able to capture ~33% returns in closed trades, meaning ~2% open equity still belongs to Mr Market. Until we close the trade it doesn’t yet belong to us!
If all our stop losses hit bar any gap risk we hope to close ~30%
It cannot always be rosy! There is no free lunch we have to risk losing to be in the game to win. We could have a -5% drawdown.
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And our current open positions:
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