e retweeted
Again, people have this unrealistic fetish for closing exact tops, or buying exact bottoms. They imagine the pro trader who never loses and times everything perfectly.
Reality is far from it.
Trading is a game of averages.
If my average purchase price is lower, and my average sell is higher I will out-compound you.
Timing the exact bottom is a fools errand, shorting is for risk management, not for PnL.
You short and close in profit so you have more cash on days like today. Would I have loved to be short into it? Sure, it would have been an extra +7% or so on our book. That doesn't matter as much as NOT LOSING money, managing your risk and preserving optionality. The sooner you understand this, the more profitable you'll become.
We've decided to close nearly all of our equity shorts into last nights emotional selling. One of our most profitable months ever. Thank you to our counterparties on those trades.
While the next year looks challenging for equity markets, I don't think it continues to make sense to be directionally short.
While sitting nearly 50% cash, we continue to hold large HYPE and Bitcoin positions.
All Trump had to do was not make a comment about Nicki Minaj’s ass and we wouldn’t be here right now.
e retweeted
We've decided to close nearly all of our equity shorts into last nights emotional selling. One of our most profitable months ever. Thank you to our counterparties on those trades.
While the next year looks challenging for equity markets, I don't think it continues to make sense to be directionally short.
While sitting nearly 50% cash, we continue to hold large HYPE and Bitcoin positions.
Everything getting hacked daily now, governments telling us to buy and store extra food and water, Tucker Carlson saying that Trump is gonna nuke Iran.
Good thing nothing ever happens right?
e retweeted
Why Pearl will Win
––––––––––––––––––
01:14 BTC is dying
03:24 Breaking up with my highschool girlfriend
06:51 Why it can work
09:35 Pearl's power footprint
12:45 AI capex > asic capex
15:00 FP8
19:00 Negative overhead
22:04 Elite team
23:06 Hashrate = hinge profile height
28:01 AI lab adoption
30:48 I want my MTV
32:31 Mark Knopfler shreds on guitar
35:52 Useful work vs Duplex work
38:32 Cheap verification is required for money
41:20 Can Pearl close the loop?
45:17 Addressing fundraise FUD
51:21 Risks
1:06:27 Pearl wins by becoming multi-denominational religion
e retweeted
The largest crypto exchange in the world just experienced the largest robbery in human history—and the person running it is a nomadic autistic man in Dubai posting “Funds are SAFU!”
What a time to be alive.
Imagine a world where Pumpfun is reverse engineered by AI and profit is a net positive flow back to users.
This quoted post is unavailable.
Software that solves problems and pushes onchain in the right direction is needed now more than ever.
An app that doesn’t need a meta to generate revenue. An app that makes you a better trader and not a better gambler.
Agentic terminals.












