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$BTC - Even though my plan failed and I took a big L, I managed to recover the loss but failing still stings not gonna lie. Because i knew and i was expecting this but tbh i didnt expect markets to dip to 80 area. Anyway no huge dmg taken or losses just bit of ego hit.
The thesis was correct: markets priced in no cuts aggressively, then the Fed signaled easing by December, and now markets are repricing those cuts. So even when the thesis is right, timing is everything. Anyone can draw levels, but few can pull the trigger at the exact right moment. That’s the real edge.
Still holding 25% position as I think most of the fuel is to the upside or range-bound within it.
Until December 10th, if the Fed tone doesn’t shift, markets will panic and we’ll see insane volatility because that’s what markets do when they’re confused.
Fed fighting not good.