RT Breakout (@breakoutprop)When your downside is undefined, it leaks into every trade.You undersize because you're protecting capital.You cut early because you can't stomach the drawdown.You skip setups because the last loss is still in your head.None of that is about the market.It's about your relationship to the money.Funded accounts cap the downside at the evaluation fee.That's the worst case, decided before you ever open a chart.What's left is the setup, the process, and the trade.Better capital structu ...

RT Breakout (@breakoutprop)Fixed downside risk.One of the best things about trading a funded account.The moment you purchase your eval, that’s your worst case scenario.On a personal account with leverage, there’s no floor.With a funded account, the math is different.Black swan event, terrible entry, awful trading day - you lose the account. Not your savings.The eval fee was your max loss the whole time.That certainty changes how you trade. ...

说下这两天对 BSC 和 SOL 的思考吧首先有关上限的问题，SOL 上的新土狗比如白鲸确实是比 BSC 高太多，但就我自己来说，基本看到 5-20M 我就不敢上了。客观说，对自己今年的风险评估属于避险，也就是减少不必要的亏损，所以之前 SOL 上很高市值的 meme 都是没有去接盘的而 BSC 的情况，属于很多人都在喊 恶心，但由于熟悉中国文化的缘故，对于大部分国人来说，是更容易赚到钱的，这和舔不舔的基本没关系。这段时间我不刷推不看群，基本都在打游戏，但是看到 “老子” 和 “我踏马来了” 这种类似的币，我是能 get 到的。包括 @lijiuer1 还说过，踏马的梗在小红书等 web2 国人社交平台上是经常出现的就像我前几天说的，如果你真的觉得 BSC 恶心看着就想吐，那最好其实是不要玩。如果你真的在乎，想去赚这个钱，就放平心态参与炒作即可，不要给自己增加太多的心理负担不参与炒作，不玩这些很土的土狗，其实也不会影响生活，但是又讨厌又想玩的话，才是真的影响心情，找到适合自己做的 + 能力圈范围内的事最重要 ...

Mental Well-being & Trading Psychology - The crypto industry acknowledges the impact of dopamine on trading decisions, potentially leading to losses [1] - The industry emphasizes the importance of managing urges to doomscroll or constantly check the phone, suggesting alternative activities like deep breathing [1][4] - The industry suggests limiting access to triggers that lead to unwanted behaviors, such as revenge trading, by using hardware wallets and keeping phones out of reach [2] - The industry recommends incorporating periods of inactivity and boredom into the daily routine to promote mental clarity [2] - The industry advises reducing external stimulation, such as podcasts, during routine tasks to encourage introspection [2] Productivity & Time Management - The industry advocates for scheduling specific activities, such as 6 AM BJJ classes, to create dedicated time for oneself and reduce market focus [1] - The industry recommends defining 1-2 key activities per day to improve focus and productivity [1] - The industry suggests using timers and alarms to track work time, limit doomscrolling, and transition between tasks [3]

Trading Psychology & Mindset - The trading industry emphasizes identifying and addressing personal mental flaws, as traits that lead to success in other fields can be detrimental in trading [1] - The industry aims to rewire the brain to think differently from the majority to achieve profitability in the top 5-10% of market participants [1] - The trading industry highlights the importance of not focusing on money directly, but rather letting it be a result of adhering to a well-defined process [46] Strategy & Methodology - The trading industry suggests keeping trading strategies simple, focusing on a core set of variables to minimize emotional decision-making [2] - The industry recommends focusing on trading one asset, one strategy, and one timeframe to achieve mastery through repetition [3] - The trading industry advocates for backtesting strategies using historical data to determine expectancy before deploying real capital [27] Risk Management & Performance Measurement - The trading industry stresses the necessity of measuring trading results to identify flaws and make data-driven decisions for improvement [5][6] - The industry emphasizes the importance of understanding and calculating expectancy (positive expectancy) to determine the profitability of a trading model [13][14] - The trading industry advises setting a daily loss limit to protect capital and prevent emotional trading decisions [34] - The industry warns against taking profits too early, as it can negatively impact expectancy and overall profitability [42]

Trading Psychology & Risk Management - Even high win rate systems experience losing streaks, emphasizing the importance of minimizing unforced errors [1] - Self-sabotage, such as FOMO, greed, revenge trading, and impatience, hinders the assessment of market conditions and normal variance in losses [1] - Breaking the trading plan and averaging losses are detrimental habits that should be avoided [1] - The trading industry emphasizes that adherence to a system, even in losses, provides valuable information [1] - Trading is inherently challenging, and avoiding self-inflicted mistakes is crucial for success [2]

Trading Psychology & Risk Management - Avoid emotional trading decisions, as they often lead to regret [1] - Refrain from revenge trading with leverage to recoup losses [1] - Spending time away from screens is advisable during volatile periods [1] Social Media Conduct - Avoid boasting about successful predictions on social media [1] - Do not become a motivational speaker on social media after market events [1]

Trading Psychology - The report explores the emotional impact of different trading outcomes [1] - It contrasts the pain of missing a potentially profitable entry point with the regret of selling an asset prematurely [1]

Trading Foundations - Trading involves creating rules and strategies to filter market data and generate profit over time [6] - Success in trading is not about being right, but about managing risk and reward, with win rates as low as 36% being profitable [7] - Traders analyze market data to identify areas where price is likely to change direction, aiming to make 5x the risked amount [7][8] - Key tools for day trading include Trading View for charting and analysis, brokers like Blowfin or Bybit for crypto, Topstep for stocks/futures, and a trade journal for data input [13][14] Technical Analysis - Identifying trends using trend lines helps determine potential areas for price reversals [27][28] - Fibonacci retracements (236%, 382%, 50%, 618%, and 786%) are used to find key levels for potential price reactions [31][32] - Fair Value Gaps, identified by gaps between candle wicks, indicate high-impact zones for potential entries [37][38] - Trend-based Fibonacci extensions, combined with five-wave patterns, can help predict the tops of trends [41][43] Trading Psychology and Risk Management - Trading success relies heavily on mindset, understanding that being wrong on a trade doesn't make it bad [45][47] - Risk management involves setting stop-losses and calculating position sizes to maintain a fixed risk factor, such as risking $100 per trade [51][52] - Even with a low winning percentage (e g 30%), profitability is possible by allowing profits to run and maintaining a good risk-reward ratio (e g 36%R average win) [59][60] Strategy Building and Testing - Building a trading plan involves observing patterns, creating a rule book with entry criteria, and testing in a simulated environment [67][68] - Backtesting using bar replay mode on Trading View and a trade journal helps quantify the strategy's winning percentage and average win/loss [70][71] - Paper trading on an exchange with demo funds allows for real-time execution in a simulated environment before risking actual capital [78][79]

Market Recovery & Mindset - The industry emphasizes the importance of self-care and a clear mindset for traders after market crashes [1] - The industry acknowledges the possibility of rebuilding and recovering from losses, especially for younger traders [2] - The industry suggests traders should adjust to their current capital base after experiencing losses [2] Risk Management & Trading Strategies - The industry advises traders to purge their all-time high net worth to avoid making poor decisions [3][5] - The industry recommends creating a new account to start fresh and reduce the impact of past losses [3][5] - The industry suggests sizing down positions to adjust to the new trade size and focus on a process-oriented approach [3][4] - The industry highlights the importance of using hard stops and isolated margin when using leverage to avoid portfolio-wide risk [4] - The industry recommends recalculating and adjusting position sizing to the new balance [4] Alternative Solutions - The industry suggests considering getting a job in crypto to have a stable income while trading [4] - The industry promotes exploring leverage trading platforms without liquidation risk [6]