If could go back in time for 18 months its easy to think that i would be incredibly rich. Why wouldnt i? Long your BTC all the way up to 62k and short there. Take your profits on 30k and start 100x longs at 29-30k. How EASY! Then dump all these somewhere around 67-69k (so big position cannot be dumped at market sell right?) Ok next? Start shorting at these prices aaaalll the way down to 19k. Well, if one started this strategy with 1000$ when BTC was 18k this would roughly return 500 millions USD or something. Man, how easy.
Truth is there is no such thing. The reason i wrote it up there was because from time to time when i look at charts to see my next in or out levels i often find myself dreaming about this. Despite not doing any of that i found myself in a profitable position at April 2021, my profits were huge. But then 19 May 2021 came and i saw the truth of money markets. But wasnt awake still. Even though i was at great loss i hodl my positions (both in margin and spot) and lived through it. Fall 2021 was profitable as well so i wasnt interested in learning trading. Still after 7 September 2021 i understood that i shouldnt be exposed to my long positions that much, so got my margins smaller in time. December 2021 didnt hit me that much, i wasnt exposed to volatility that much. After Dec 2021 i understood that i needed to learn some stuff about technical analysis. So came my Price Action story.
After that what i live was interesting. Much i learned, less i earned. Much i learned, less i earned. Strange isnt it? No, i was in control of my losses. I wasnt exposed to market downs. So even though i was earning less the most important thing was happening, i wasnt losing much. All my losses were in my control (expect one event im going to explain). So the real story should start here.
If i could go back in time for 18 months it wouldnt be easy to get rich. But i wouldnt be losing. I wouldnt be exposed to margin calls or sth but what profit i make during this bull run would be kept in my pocket. Thats the truth that makes a trader to live through market ups and downs. You should know where to stop. Many will never learn this in these markets. Those who doesnt learn are our liquidty. I was liquidity as well, someone else took my money if im to explain in a simple way. Now, those who are not interested in learning will be my liquidty. Thats what matters in that market. Some should lose so others could earn.
By the way, that event was UST/Luna crush. Most of my portfolio was on UST (roughly 60%) and that hit me incredibly hard. All the profits i make are gone and im even at loss from my starting capital. Shit happens right?