Allocation as per edge and speciality
Keep your winning strategy going until it doesnt work anymore, and avoid over-allocating capital to areas you have not that much experience, until you do
FROG 🐸🧠
@wronguser000
2/14/20251 min read
“One pattern I’ve seen in a lot of people that start to win is that they eventually change their winning strategy and get influenced by the comfort of their recently new earned capital to burn money on a bunch of dumb trades that they would have never took in "normal" conditions because the market is giving.
Eventually the market dries up and the realization of self greed and wasted capital generally hits hard.
Remember this feeling so you can avoid falling into complacency next time, I remember learning my own lessons on this exact topic at the end of the summer 2021 when generative art got hit by a micro bear cycle after an insane run and my whole PF went down 80% in a month.
By the way, I’m definitely not saying don’t try anything new, I’m saying don’t be dumb at trying something new with any significant capital until you understand the new rules. If you feel like you can "burn some free profits" you already got it all wrong”.
Link to the original tweet: https://x.com/wronguser000/status/1890179193180221934