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Insilico Terminal Podcast Episode 6 - Heart
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In this episode, Heart shares his journey from the early DeFi days to becoming a disciplined trend trader. He talks about the lessons from his first bear market, how trading psychology reshaped his approach, and why he stopped shorting. The discussion covers trend following, coin rotation, using CT as signal, and the role of community, journaling, and personal growth -ending with insights on managing size, staying sharp, and building long-term freedom through trading.
00:00:00 Intro, Heart’s background, getting into crypto and the early DeFi boom
00:04:38 From on-chain degening to perps, first bear market, lessons and mindset shift
00:08:00 Trading psychology - why he stopped shorting, emotional control, risk habits
00:12:32 How he trades today: trend following, rotation, coin selection, and CT as signal
00:21:00 What CT taught him - psychology over TA, community, filtering noise
00:33:53 Books, mentors, journaling, and personal growth as a trader
00:45:11 Key lessons, managing size, staying sharp, freedom and long-term goals
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Transcript
Introduction of Guest Hart
00:00:14
Speaker
Welcome to another episode of the InSilico Terminal podcast. Today i have with me Hart, who many of you probably already know.
00:00:27
Speaker
But why don't you tell us who you are for people that maybe don't know you yet? Hello, everyone. Hello. And thanks in Silico and SOKIO for hosting me.
00:00:41
Speaker
just I'm Hutt. I'm a professional shit poster who sometimes happens to take some trades. No, mainly jokes aside, mainly spend my time entertaining CT and trying to squeeze a few bucks out of the market, i'm both on chain and on perpetual How did you get started in crypto?
00:01:06
Speaker
I think you're a bit you're a bit older, right? If I'm not wrong. Yeah, yeah. I'm in my thirties. I actually joined late-ish by CT and general by crypto standards who even now, which where maybe we are not so early in the game, still tend to attract late teens and like people in their twenties trying to, you know,
00:01:30
Speaker
trying to retire before working 40 years. how will i How I started
Hart's Crypto Beginnings
00:01:39
Speaker
crypto? Well, I've been ah always like a nerd, like attracted from the technological side of things, but I was always like ah watching from the outside, from the sidelines, you would say.
00:01:53
Speaker
At some point, I still, ah of course, I worked in a technical field of work. So some of my colleagues and my manager upper levels were starting to double themselves into crypto. And the the the funny thing is I consider 90% of them to be complete idiots.
00:02:13
Speaker
So I thought if these guys can make some easy money from the market, why shouldn't I give my try it. It's right. Shouldn't I just take you know little savings?
00:02:26
Speaker
So yes, I was starting from a comfortable position. I had a steady income. I had a good job. So I managed by living alone to set aside some savings and I decided to just unramp some money and see and try my luck.
Entering the Crypto Market Post-COVID
00:02:42
Speaker
It was just the DeFi boom. Basically after the COVID crash, I didn't witness that time. I just entered just bit later around 2020, 2021. And basically it was like, you know, the gold then the golden times, anything you touch would just pump. So the just, so you know, straight up ah beginner luck. And I started running laps around my colleagues.
00:03:09
Speaker
Yeah. I mean, it it went there. went well enough that now I don't need to have a daily job. So happy with that. That's very nice. I think ah it's a common trope that many people like see someone that's ah they think it's like dumber than them ah be into crypto and see them make money. And then it also makes you want to get into crypto if you're like not into it yet.
00:03:31
Speaker
So I definitely think that's quite funny. Did you already have like any, like what you you played around with DeFi back then and all of that stuff. Did you, would you call what you did like trading? Did you already have any kind of strategy or you just like basically buying anything and it just, it would just go up or did that go? Oh yeah. So for, for the first, I think fully year or so, even more than a year, I wasn't trading per se. I was just, you know, what, what now people would be called trenching or degening. I was simply on chain on,
00:04:04
Speaker
Binance chain, another chain on Ethereum mainnet and just you know buying bags and waiting for them to pump and then selling them higher and buying other bags. it was 100% spot on chain. i e i didn't know, like I wasn't charting. I wasn't like, you know, doing any technical analysis. I wasn't absolutely using any like trade instruments like perps, options, zero. Like i was completely like just, you know, using the
00:04:36
Speaker
progenitors of ah the the screeners and other tools to, you know, just have a list of coins and buy and sell, them buy and sell, lose here, and win there and so on and so on.
Transition to Perpetual Contracts
00:04:50
Speaker
So what made you get into perp trading and how did you get started with that?
00:04:56
Speaker
um Sorry, could could you repeat that by some reason? How you got into perp trading after after playing around with onchain stuff? Yeah, funny enough, i many people start with perps because they think they have too little money and they want to use leverage to multiply it.
00:05:16
Speaker
ah For me, was a little the opposite. I was very happy playing just spot. And at some point in 2022, it was the first instance of bear market that I was was experiencing.
00:05:34
Speaker
And i said i said i told myself, you know, like ah prices are going down. I cannot make money by price going down with spot. But if I play per second can short, you know, it's a classical, ah you know, noob trap like, oh yeah, i can make money both ways. You know, even if it goes down, I can just make money with shorts.
00:05:54
Speaker
ah So I had comfortable for my for my standard and for my speed of accumulating. I had a good size and I was like, okay, would just you know take short like 1x or 2x maximum and just you know treat it as the inverse spot investments.
00:06:14
Speaker
Yeah. Well, it went well for a while. Just so i I think I kind of I missed the bottom because then you you you you fix yourself in ah in a mindset where if you your investment are on the downside, you kind of want things to go worse.
00:06:34
Speaker
So you don't see the signs that maybe things are bottom out, which is um one of the big reasons why now I almost never shorts. I'm almost only trading on the long side of things.
00:06:47
Speaker
I think it's more easy in an environment where things can go up a thousand percent to be always betting on the long side rather than trying to squeeze a 10 or 20 percent on the downside.
00:07:00
Speaker
It's a toxic mentality that ruined many people, in my opinion. Do you still feel the same way if you would enter a bear market again now?
00:07:13
Speaker
um No, no. As I said, I would probably try to, you know, maybe play some bounces, maybe with a very short time frame, and like just, you know, catch some mechanical bounces and just try to keep our eye open for a potential, you know, like a macro bottom or like, you know, I mean, if we if we compare to this cycle, ah you know, catching the equivalent in the new cycle of Bitcoin at 16K or, you know, Solana was $10.
00:07:44
Speaker
Trades that, you know, can just, you know, you can just then ride for the whole bull run. Yeah. Do you have any anything like that in mind, actually? While we are maybe looking at towards the end of the cycle or the bull market or whatever, if like the bear market would hit In the next couple of months, you have any coins where you would like try to accumulate them in the lower ranges like Bitcoin or Solana anything else?
00:08:12
Speaker
well Well, of course, definitely Bitcoin, even if, of course, the upside is more, how to say, in terms of multiples, it's more capped compared to smaller coins.
Solana's Future and Market Influences
00:08:26
Speaker
Solana is an interesting one because Solana started this cycle kind of orphaned by the ah parentage of let's call it the FTX, Alameda influence.
00:08:41
Speaker
You know, they were a big owners of locked coins and such. So it was a bit I would not have played Solana so much if Alameda was still around. So it was kind of a great play for people who bought ship because suddenly all these, you know, lot invest coin were kind of inaccessible to be dumped on the market, let's say. So it had free free reign to pump.
00:09:10
Speaker
I don't know what's going to happen to Solana next cycle. I um i respect many people who are in the Solana ecosystem, like, you know, Mert and such. I think there is some serious um respectable people behind and trying to, you know, develop and deliver on the Solana blockchain.
00:09:31
Speaker
ah Of course, now it's completely associated with, you know, the trench, the meme coins, the pump fund and all this stuff. So people see it almost like, ah you know,
00:09:44
Speaker
Graveyard blockchain for speculation or for lottery tickets coin. Let's call it like this. So I don't know what's, I don't know if it's going to be, you know, for example, the next Ethereum, which this cycle is barely reached the last cycle high, you know, like ah just struggling.
00:10:07
Speaker
i think I think next thing will be we may not even know yet, like this cycle, ah you know, for example, Sui or Hype or other coins like that surprise on on the upside.
00:10:19
Speaker
You couldn't predict some of this stuff like you could bet on it, but you can't just, you know. taking 22 and say, oh yeah, I will for sure i like a pharma hyper liquid because I will make because it will make a 30x, you know, after that TG, you cannot bet on this. I received many airdrops in my crypto careers and so far 99% of cases selling on day one has been the most profitable ah way to to work. and yeah You cannot just take hyper liquid and say, oh no, i pair like airdrops is the way to to retire.
00:10:59
Speaker
No, unfortunately I did sell a lot of my hype ad drop on day one because I'm of the the same mindset that like most things go to zero and this is like the one thing that where it didn't happen and it went up. And also for Solana, I feel like it's kind of ah like past its prime or just that that's just how it feels to me and it might be like the new the new Ethereum of ah next cycle. are Are you personally like bullish on Ethereum because it's like part of your your name or is it just something that the just stuck?
00:11:30
Speaker
It's stuck. Yes. I created my Twitter handle um when Ethereum mainnet was the place to be where, you know, or even all the like big NFT means all the art block seasons. Everyone was playing on Ethereum.
00:11:46
Speaker
All the big launches all the, you know, like, I don't know everything, even the dog coin season. Everyone was in Ethereum. I just thought it was funny to have the the name sounding similar, but I don't have like an emotional attachment to the chain.
00:12:02
Speaker
i I think I barely made any transaction on Mainnet cycles, maybe yeah just moving funds and such. I wasn't playing any spot coins there.
00:12:15
Speaker
Yeah, I think for me it's the same. of I can't really remember the last time I really used Ethereum Mainnet for anything.
00:12:24
Speaker
There's still like much much stuff going on there.
Trading Strategy and Timeframes
00:12:28
Speaker
how did you um How did you, like what what is your trading strategy like? How would you describe that? Like what kind of timeframes do you trade nowadays? You don't really short anymore, you're more on on the longer side? Is it more on the like lower timeframes or higher timeframe stuff?
00:12:44
Speaker
Yeah. So if we're talking perps, if we're talking like, for example, I use in Silica or how I trade the perps with my own on a sex, I mostly operate right now on the one hour and four hour time frames.
00:12:59
Speaker
Mostly the four hours time frame is the one where I um plan my trades mostly like where I try to spot my trades forming before I take them and then try to execute on the one hour chart, like trying to, you know, more fine tuning my entries and exit based on the one hour chart.
00:13:23
Speaker
When I started, I was a much lower timeframe, but so I feel that ah either you have a very fast scalp strategy, so you're really in and out in the same five minutes or 15 minutes candles, or ah you tend to be influenced by a lot of white noise. Like the chart can do a lot of stuff that in in the end of one hour candle, it doesn't amount to much. like he can you know
00:13:57
Speaker
kind of influence your bias too much on the lower time frame where if you if you are spot an opportunity on the four hour chart, you shouldn't spend time on the five minutes chart watching the position. Yeah.
00:14:10
Speaker
So yeah, I simplified my approach a lot. I don't use pretty much any tools or indicators, only couple of MAs and mostly just, you know, horizontal supports, like really the the basic of the basics, like support resistance, trying to see if we are in a range or if we are in a trend,
00:14:37
Speaker
I like to trade stuff which is trending. Like I try to, I'm a strong believer of ah strongly curating your watch list.
00:14:48
Speaker
I constantly prune coins or add coins based on recent trending. Like, you know, if they really, uh broke out from a range and they are trending upwards i want to trade this i want to write them i want to see you know just as early as possible and just you know sit on the position until i see the sign of exhausting these trend lines so that's what i try to to do in in which case you don't need so much technical ability you just need to spot the out performance and just ah you know
00:15:21
Speaker
come on those until until the the attention turns. Recently is more difficult because attention is rotating very fast. So for example, yeah you have coins like, I don't know, like recently we had this ah like perp dex meter and one week later your watch list was completely useless. Like all these coins were down 20, 30% and other stuff. Like if you're not quick to rotate this meter, then you need the to I have another approach. Yeah. Like you need to have your ah you know old faithful coins that you know, like your hand and just trade those charts because you know them by heart.
00:16:02
Speaker
i I like to rotate a lot. Like I like to to trade what's the top three, top five coins of the week and just try to hammer on those until until they're not good and anymore. I try to, you know, squeeze them like lemons and then just change coins.
00:16:20
Speaker
how do you How do you find those coins? like you sir Do you just like go on an exchange or determine or whatever and see what went up the most on this day or week or something like that? Or do you have any any approach, like sentiment or anything like that to to find those coins?
00:16:36
Speaker
So that the the approach is in in my case, it's multi-phased. I, e of course, browse the top list of the exchanges like Bybit, Binance and Hyperliquid mostly.
00:16:52
Speaker
So if something starts to you know like stand out in term of volume or in term of ah gain of the day, Of course, unless, you know, they have like 5 million volume, but if they have decent volume where you can, you know, just swing some size and you see that ah day after day, they are in the top 10 volume for some reason, maybe there is, you know, like some narrative or some speculation or some news, whatever the reason.
00:17:22
Speaker
So I try to keep uh, caught up with those. Uh, the other phase is over the years I curated my, I think Twitter is a very powerful tool for, I think, I mean, i have a fun shit posting on CD. I have fun joking with the other.
00:17:41
Speaker
friends that I made there, but I really think it's a powerful tool for trading. I made several lists. They're all private, so I'm sorry. You're not sharing the alpha.
00:17:53
Speaker
Yeah, I'm not sharing an alpha. ah The alpha is maybe on the method. I encourage everyone to build lists ah thematically, like ah you know people who are only technical traders, people who are very early to news or very early to new meet us, very early to new announcements and you you make some kind of silos.
00:18:14
Speaker
And then i usually have a tweet deck open, which now it's called XPro. So I have several columns and they are all separated by team by basically by what I want to know. Some have like financial news. I don't know. Let's say it's CPI day. So you want to immediately the top five minds of the game you know, you're 50 or other people, you want immediately to know what these numbers mean because you you know, I'm dumb. I don't know what is SPI means, what everything means. so I don't know what jobless ah numbers means for my yeah first coin. You know, I don't care. I just want people to say up or down.
00:18:57
Speaker
So you you you make this list and for example, you notice that There is a new coin for three days in a row in the top five volume on Bybit.
00:19:10
Speaker
And at the same time on Twitter, you see that people the people who you think are smart that you put in your list, I start to mention in very often. And then you are on Telegram and you are in some groups and you see that your friends are starting to scalp it. as ah And so all this confluence is, in my opinion, is better than any possible indicator. It's like confluence that, you know, it's like it come up ah from um From the underground, you know, the the trade just comes to you. You think, okay, this is where I want to be. This is the coin I want to trade today. You just go there and try to squeeze some money. It doesn't always go well, of course. and
00:19:51
Speaker
I'm not a technical genius, but I think the best the best opportunity is on trending coins, on on coins that, you know, like don't give people easy entries that, you know, they are just relentlessly making new highs.
00:20:07
Speaker
for the day and and you see, you know, people see things on Twitter saying, oh, I saw this thing, 20 million today is a 70, 80 and 160 and stuff like this. You you want to trade these coins.
00:20:23
Speaker
I think that is a very interesting approach with the lists and all of that stuff and also Telegram chats and and all of that. I feel like everyone does that to to like a certain extent. Maybe you do it to like a more systematic one because, i mean at least for myself, I feel like if you're on Twitter or in like communities and stuff, you always get influenced a little bit by other people and what they're looking at. And then that's how you discover things.
00:20:46
Speaker
But um looking at it in a more curated way seems like a pretty interesting idea to me. you said like is Is CT also a place that um has in general taught you stuff about trading?
Psychology in Trading
00:21:00
Speaker
You're you're a very very like good shitposter. You shitpost a lot. You enjoy it.
00:21:04
Speaker
Have you also like been learning a lot from from Twitter about trading apart from getting alpha for what to trade? So I believe that as far 80% of the game is ah psychological, I think that one can learn the technical aspect of trading if it's not if you're not completely dumb. but you can you know in know Let's say in a week or in a month, let's say you want to take your time, you want to know watch, like for example,
00:21:35
Speaker
the excellent, you know, I don't know, create the videos about risk management, about the levels, about support, about candle closes. All this technical stuff can be learned very quickly.
00:21:49
Speaker
But that's 20% of the game because 80% of the game is
00:21:53
Speaker
in your head is you know how you approach the game, how you approach when yeah your position is open, when it goes against you, when it goes very much in favor, should you close, should you add, should you remove all this stuff, you know, it mess with your head.
00:22:08
Speaker
You have ten losers in a row. What you should do? Should you do? So just to answer your question, I think City has taught me a lot on the psychological aspect of the game.
00:22:21
Speaker
am very grateful of people, ah big traders and big posters who maybe now don't post charts anymore, and maybe, but they still try to post about their thoughts about the game, their thoughts about how to approach, for example.
00:22:43
Speaker
I don't know, even recently, just to make a recent example, with this last a big crash day we had on October 10th, some big accounts share some valuable insights, my opinion, where, you know, they they explain what many people maybe go through.
00:23:00
Speaker
but they cannot put into words, you know, and so there is always someone better than us to explain things that maybe we feel a subconscious level, but we are not the same the same um We don't have the same ability with words to put it into the written form.
00:23:20
Speaker
I enjoy ah the new the new format, the recent some format of ah Twitter articles. you know they there's Even people who maybe would never think about opening a blog.
00:23:33
Speaker
Now they are may maybe more motivated you know to to post in a longer format. I think it's very, very a useful if people try to pay more attention to this side of things. I think people are, of course, attracted to the drama, to the jokes and to the bull posting. I mean, like for me, if you If you post, for example, about a coin and you put you know input a little magnet on a chart and say, see you 10x, there's not much signal there. But if you say, for example, if I see three or four very smart players see and I see them coping
00:24:17
Speaker
that a coin is going away without them, that to me is a signal that is that to me is a signal that maybe these guys will probably jump soon on the wagon and maybe I want to be there with them. Or on the other side, if they all agree that, for example, that opportunity is gone and they say, okay, on to the next, you know, if if you see that they are collectively moving on, that's also signal that maybe they are seeing sign of exhaustion that you you yourself could not see.
00:24:47
Speaker
Like yeah you want to you know fully believe because maybe you have you know a large proposition in profit. And if they say, oh, you know, but now it's already, i don't know.
00:24:59
Speaker
2.5 billion FDV. It's time to, you know, if I was there, I would close and such. Sometimes it's useful to also have a reality check, you know, to if you see smarter players than you say, oh, you know, I missed this opportunity and now now it's gone.
00:25:14
Speaker
I look to the next and then you think, oh, fuck, but I'm there, you know, maybe maybe it's time I close. Maybe it's time I realize profit or ah or so on. Or if you were not thinking to increase your position, maybe you say, you know, wait, maybe let's see how the next daily clothes or whatever.
00:25:31
Speaker
So yeah, very, very useful. I'm very grateful that people still post on Twitter, even if some of the out of corlet big legends maybe are not so active anymore. and We don't have, of course, you know, anymore like post by GCR. Even people, for example, like us, you know, the Saudi cat, he was extremely intelligent and valuable content.
00:25:55
Speaker
He's a very active recently. It's a pity, but there is still plenty, ah in my opinion, very valuable content to get from CT.
00:26:04
Speaker
I think that's interesting. I feel like I've talked with many people on this podcast already about the the state of CT and the the quality because ah I think it has gone like down a little from from back in the day.
00:26:17
Speaker
um ah like People just used to post a lot more and share a lot more and now like many people fucked off. Many don't post that much anymore. But as you said, I think there is still a lot of quality and there's also like new people coming in. and like I also read a lot of articles that people post, even if it's just like a random post person that I haven't seen before or anything like that. But there might be like really useful information in there.
00:26:41
Speaker
and feel like for me, recently, a good example of it was, I think, the Aster coin. where i i don't really know who or what I saw whatever. But like i I started seeing some people talk about it and it just went in my head like, yeah, this is this is this will go up. like the The narrative is there.
00:27:01
Speaker
It's easy crime, whatever. He's going to pump it up. It's like there to to defeat Hyperliquid. he will He will put his money in there. a lot of supply is locked, whatever. And the chart, like just i just I just saw it on like the first day it came out.
00:27:16
Speaker
I didn't farm it or anything before for the airdrop, but I saw it in the first cell and I was like, yeah, I'm going to buy some of this.
00:27:24
Speaker
Yeah, that's how it goes. and the signal Yeah, even if you miss the first two or three, at some point you start noticing a pattern of these coins. You start seeing that you know they get the same type of fast attention. They see the same type of people complaining, for example, about manipulation, about crime.
00:27:45
Speaker
Usually when I hear about manipulation and crime, I immediately you know, immediately get like a little, uh, but signal like, oh, maybe, maybe this is here, you know, like, yeah like there was some stuff about like, uh, uh, for example, I'm a big admirer of a trader dump, know?
00:28:04
Speaker
Um, yeah. And he said in one of his, uh, podcasts in one of his, uh, I don't know if it was on YouTube or one of his lessons, He said so people usually complain about problems in in the market and don't see, for example, all that there can be an opportunity in the other in opposite sense. For example, he made an example that some exchange was having some lag problems and people were crying all day on the forum about this lag in the pricing.
00:28:38
Speaker
And he said, you know, another friend of mine saw an opportunity. He saw that he could take the trade on the other exchange like one second earlier and just you know kind of know the future one second in advance on the other exchange and you know exploit this opportunity. like if you If you sit on CT all day crying about crime instead of thinking, well, okay, if there is a crime syndicate behind, maybe can go another two acts, you know, like, why don't you make money from it? not like it's illegal to trade something because it's just because it's manipulated.
00:29:13
Speaker
You're just profiting from it. you know Yeah. Yeah. I mean, I feel like it's the same. Just go back. Yeah. Now, just wanted to add a quick word about CT because you said that many people made a comparison about past and present CT. I think there is a level of ah toxicity, which now is spread.
00:29:37
Speaker
I notice, for example, I am very ruthless with buttons. I am not here. you know, um I don't tolerate people who just come on my replies to spread the negativity.
00:29:52
Speaker
It's okay. I mean, maybe they're just having a bad day. Maybe they yeah don't have it anything against me in particular. Maybe they just want you know to vent frustration and such. but i they are not entitled to my time and to my attention. So I'm extremely selective. And ah for example, I noticed many times that people complain about, oh, this and this post is so viral and all ah the drama about this. ah And then I go and I see that the post, they are quoted from someone I muted or I blocked years ago.
00:30:27
Speaker
And I'm like, okay, but you know, if you're not if you're not doing yourself the selection, if you're not yeah filtering the garbage, then of course you will always have a shitty experience. Like, yes, there is a lot more toxicity, but as far as there is still value, I think it's so new to create like a more curated garden of what you want to see on on on Twitter.
00:30:53
Speaker
No, I can definitely ah see where you're coming from with that one. I feel like, especially since you have a bit of a bigger account, and that is something that I have noticed as mine has started growing, like the bigger your account gets, the lower quality or the mo or the more low-quality people you attract.
00:31:11
Speaker
And um I don't really like block people or mute people or stuff like that too much. But um I mean, i just I just post a lot for my own for my own enjoyment.
00:31:23
Speaker
And um it's like It's just annoying sometimes when people are ah just making very stupid comments or very stupid replies. But I guess that also just comes with with Twitter in general and stuff growing and new people entering and whatever.
00:31:39
Speaker
ah think you can't really do too much about that, except like, as you said, curate your own experience and see um what you can do with that, how you can gain alpha from that, how you can gain value from that, and then also contribute your own all value into that.
00:31:56
Speaker
I wanted to ask, that because you you talked about the role of psychology, um what what has like helped you over the over your journey to improve your your view on that or your your handling of the psychological aspect of training?
00:32:15
Speaker
um So first of all, i would say, of course, the bigger one is the experience itself. you You need to go through some stuff which, you know, you can have the whole world telling you about some mistakes, about some mindset mistakes or even ah technical mistakes that people keep repeating until until you smash your head against it. I think you will not learn it. So you need to go through it. You need to, you know, I think, see how it feels to be six figures in the red in a position and then you see
00:32:58
Speaker
what you're made of. You see if you're calm, you see if you're in u if you have anxiety, you see if you can sleep at night with a purpose position. And you see if, for example, you know, you are how you move on from a loser, for example, how you react where you' are an euphoric when you when you close a month, when you are up 300x on your coins.
00:33:24
Speaker
If you tend to do you know like more mistakes because you are completely you know you think it's just house money and you just waste it on every new launches and whatever. So you learn some stuff only by going through it. But in I think there is also some books which I'm grateful for.
00:33:46
Speaker
ah First of all, actually, before i talk about the books, I should say some people in the space ah which I greatly admire and respect. And they I think they taught me a lot about also the psychology of trading. One is Dante, as I already mentioned.
00:34:04
Speaker
yeah I also last year joined one of his error nowadays boot camps or kind of I mean, I don't know it was really cold, but kind of like, you know, monthly sessions yeah with him where he went through his trading, his setup, his pre trading game, how he was, you know, finding new trades, how he was reacting, how he was ah logging at the end of the week, how he was you know preparing for the next, ah this stuff, which, you know,
00:34:37
Speaker
Even if it's trading a very different market from me, maybe it's trading bond markets and I'm trading shit coins. ah In the end, the psychology is shared, like the approach is shared. yeah Speaking of books, um the reminiscence of a stock operator.
00:34:58
Speaker
Definitely a big influence on me. i e have had actually to go through it even a couple of times because some stuff, you know, I really felt that, you know, people tend to dismiss me just because, oh, it's ok okay. Of course, it's the stock market of 100 years ago. What can I learn? in fact, what you learn is that it's always the same.
00:35:20
Speaker
Like yeah read the books about, you know, the stock market of the times of the 1800 and I would still apply today and it would even apply today to the small niche of, I don't know, Solana, Perps trading.
00:35:36
Speaker
It's incredible how because most because most of the market is human made. It's human participation is massive psychology. Other book which is very, very well written is it's called And not very, not to say a banger sounding name, but it's called Mastering the Mental Game of Trading.
00:36:03
Speaker
very Very plain title by Steven Goldstein. It's a great book. It's actually been recommended to me by Trader XO. which is a big figure in CT. And I was following his videos and his content for years. And i mean, we had some private conversation. He said, you know, I recommend you this book. And it's been game changer for me. It's really good to just Just for example, one of the biggest change is it shows you how you have, like for example, four phases of a trade, you know, like before you take a trade.
00:36:45
Speaker
So like the planning stage or the waiting stage, and then you have the the opening of a trade, then you have the managing of a trade, then you have the closing of a trade, and then you go back to square one. know So you have like a little pie, like a little quadrant divided in four.
00:37:03
Speaker
And the the book is very intelligently written to say that, for example, many of the mistakes are, for example, where people skip one of the slices of the pie.
00:37:15
Speaker
So like you jump from or you jump the planning, which is very obvious one. Or, for example, you open a trade and then I don't know, for example, immediately, i don't know, like you regret or whatever or something comes to someone. but You jump the managing, you jump to the closing or maybe after the closing, for example, you don't go the analysis or like the post-mortem of a trade.
00:37:36
Speaker
So you jump into the other one without, for example, decompressing, for example, the nervousness from, for example, closing a loser.
00:37:47
Speaker
So like you don't take the time, for example, to see what went wrong there or what you didn't do or what you didn't follow from your system. Or you don't realize that maybe that you are in a tilted state. So you are in a position where maybe your next decision is not so rational because you're already in an emotionally influenced state, you know, for example, this thing.
00:38:08
Speaker
So definitely Again, it's it's a never ending learning process.
Accountability and Risk Management
00:38:16
Speaker
There is still stuff that I keep learning in just just by just by putting the hours in, just more hours of experience. and Also, one thing that I should say in the recent times made me grow partially is being publicly accountable. I have a Telegram channel where I log my trades mostly before taking them and while I take them, after when I close.
00:38:47
Speaker
And you know if have thousands of people are reading me and I am about to take a trade and I feel like how I tell these people why I'm taking this trade. Like if it's yeah a stupid decision, sometimes it stops me even before I take a trade. and i like Like why I'm taking this, say what I tell these people.
00:39:09
Speaker
And if the answer is like, you know, I don't know, like I need to make money today or i feel I didn't make enough this week or something stupid. No, or like, oh, I feel this coin is up 3x and I'm forming.
00:39:21
Speaker
you know Maybe there is a voice in my head that says maybe this is not a good decision. Yeah. On the other hand, if I say I take a trade on the four hours chart and I say, okay, I'm entering here because so so and so.
00:39:36
Speaker
And three hours later, I have maybe I'm in red. Or maybe I have regrets or whatever. And I go back to Telegram and I see, okay, I took this trade with these reasons and this was my invalidation. So I am not out of this trade until this happens.
00:39:55
Speaker
Has it happened? No, it doesn't happen. So why are you panicking now, for example? So yeah it helps me also to stay grounded because I explain my rationale to many people. ah who can agree or disagree. I have a comments section. So some people always maybe know maybe don't agree with this trade or like don't see the rationale behind it.
00:40:13
Speaker
But if I took it at the time with some specific specific conditions and these conditions are still valid, I i want to be again. i want still want to be in the trade.
00:40:24
Speaker
Other hand, if I think If the condition has changed and people start, you know, nagging me and say, why are you not, why, why didn't close? Why didn't close?
00:40:36
Speaker
No, because maybe I see red position. I am like, you know, hoping it turns green and such, but this is not trading. No, this is just gambling. So if you see people reminding you like, oh, you said the next three, four hours close have been red, you know, you should close.
00:40:53
Speaker
Like it's also helps me again to be in my system, to be in my process because, you know, you explain the reasons you took the trades. So then you need to respect them. You're more accountable.
00:41:09
Speaker
It makes lot of sense. Of course, I cannot recommend it to anyone. like I cannot say to a reply guy, like you know post two, three people your ideas. But in fact, it still helps. Even if no one is reading you, even if you want to have, you know you can make a private Telegram channel or private Discord and just use it as a log.
00:41:31
Speaker
ah not just of the trades that you took in the past, but really more like live trading blog. You know, like, okay, today it's Monday, market open. I see a dive down. i don't trust it. I want to bet on, you know, like a reversal in the next 15 minutes.
00:41:48
Speaker
You take the trade, 15 minutes later, it's still going down. You look at the ah You look at the load entry and you're saying, okay, you were betting on a reverse in the first 15 minutes.
00:41:59
Speaker
Get out. you know like it helps you It helps you keeping accountable even to yourself, even with no audience.
00:42:09
Speaker
It's basically like keeping a a trading journal just for for and your position even better with also like public accountability and and also feedback from other people.
00:42:22
Speaker
Yes, yes. I think the life part is especially is essential because some people, well, most of people don't read don't log at all. Some people log only at the end of a trade.
00:42:33
Speaker
But what this means is, the for example, the emotions you feel during a trade or the emotion you felt when you were had a cold mind You were out of the market. You were completely flat.
00:42:44
Speaker
You had a very you know unbiased approach and you said, okay, I want to take this trade for these reasons. So this is probably the one you should trust the most because it's it's a photography of your ah mind with no position open, with a clear picture of the chart and saying, you know, this is what I want to see and this is what I want to do.
00:43:06
Speaker
And later on, when you have and and know like six figures, set so seven figures position and you are maybe emotionally involved in a trade, either because you're a big profit or because you're in a big loss or whatever, it's you are less you can trust less your judgment, of course, even if you are a veteran, even if you're a professional. ah In general, your words before taking a trade should be intuitively more trust trusted than what you feel during the trade. So if you write it down somewhere, you can kind of go back to it as a
00:43:44
Speaker
ah reaffirmation or actually invalidation. yeah So it it works in ah in both cases. Like if it helps you keep in the trade because, for example, conditions are still valid or either as a wake up call saying, oh, you know, you said that you were out of if this and this happened and it happened. So you need to get out.
00:44:03
Speaker
You should not hope for a reverse. so You should not hope to turn this P&L green. You know i should just get the fuck out. So it's it's very it's very important. And I think not many people do it.
00:44:16
Speaker
I see people, for example, like Ponzi or Ruki. Some of these people have kind of ah some different form of kind of live journal and then they keep themselves accountable.
00:44:30
Speaker
And in fact, there some of the people who even post, you know, like negative PNL when trades go wrong, which is not something that everyone does. Yeah. ah Yeah. so So it helps. It helps a lot.
00:44:43
Speaker
i I'm very grateful for this so initiative that I took off starting to log my trades.
00:44:53
Speaker
Yeah, it sounds it sounds very very good and very helpful. Are there any um particular events or trades or whatever that you remember that um taught you these kind of lessons? Like, for example, last week we had, to I guess, one of the most traumatic events, if you can call it that.
00:45:14
Speaker
It has happened in, like, a very long time where liquidity basically evaporated on a lot of stuff and it went down, like, huge amount, like 50, 60 percent in a couple of minutes and then like recovered back up. And many people got hurt by that and then probably like lost their accounts and got basically destroyed and wiped. But have you ever been like liquidated fully or has there ever been any any traumatic events that you have learned from in the past?
00:45:47
Speaker
So um I will start from the end. I've never been fully liquidated on my whole network on a whole margin that I have increased.
00:45:59
Speaker
and First of all,
00:46:03
Speaker
I always select maximum amount, to let's say, of deposit on exchange that I allow myself to trade with.
00:46:14
Speaker
So I've never been a guy one of these guys. When I read, for example, horror stories of people, keeping their entire stock on FTX before the collapse. Yeah. Okay. I've never been like this from the beginning. Like for me, maybe because I started on chain, but for me, you know, my money should sit in wallets, hot wallets, cold walls, doesn't matter.
00:46:36
Speaker
But, you know, If I want to trade on Bybit or Hyperlebit or whatever, I know that ah you know i kind of have an agreement with myself. I don't know, like let's put 50K on this exchange and this is the amount you trade with.
00:46:52
Speaker
If it grows, it grows. If it goes down, if it goes to zero, maybe you take a break, whatever. But it's never, you don't ever have all your eggs in one basket. Yeah. It's, it's both anti systemic risk, but also anti gambling risk, you know, like, uh, I cannot say that we are all immune from, uh, now gambling tendencies, of course, even if, uh, you want to call yourself, you know, professional trader, we, we all have, uh, it's very easy to turn it anyway into gambling addition. So, um, for example, uh, last year I had that rule, for example, that, uh,
00:47:30
Speaker
Every week, if my Bybit account was over a certain threshold, I would withdraw whatever was over that threshold. So next week, and next Monday, i would restart with the basically the same amount. I will not compound ah every week are the gains. and If, for example, I was under that line, I would simply not deposit more. I would just you know keep a trading with what I had maybe reduce positions sizes for the next week going forward. So I try to you know like regulate it this way.
00:48:03
Speaker
About big lessons.
00:48:08
Speaker
Well, like I said, big lessons was for me change my approach ah about shorts. Like I did quite well in the 2022 bear market, but then I was very, very slow to people ah people when things started going up and I feel I miss some very good entries or not only about new numbers, but especially about changing mindset, about seeing that maybe conditions were good for bottoming and maybe from there just look more for opportunities of
00:48:50
Speaker
and of longing or at least buying spot and riding. I was still for a while in a mindset of, okay, this stuff will retrace. So I just wait yeah a bit and then short it and then, you know, to just go keep going and going. And like at some point, and some but you know Bitcoin just went and went and If you were not on the long side, you know you were offline, ah you were offside.
00:49:19
Speaker
So that was one big lesson. Other lesson, as I said, i kind of gradually grew into this approach of keeping my amount of margin more or less constant. Like I realized that, for example, by mistakes, by losing money, of course, by mistakes, I realized that if I go over a certain amount of margin, no matter my current network or my past network or my peak network,
00:49:51
Speaker
It doesn't matter how much like ah money I think I have. If I deposit or if I have a certain point too much margin, I start to make some stupid mistakes. Like i start to take positions which are too big for me psychologically, for example, to manage. So a 3% drawdown, I start to see you know such a big number in P&L.
00:50:15
Speaker
and start to influence my decision too much. So I realized that, for example, I have like a comfort zone where I try to push it every time. Now with time, of course, we don't want to to stagnate. I try to push my limits a little higher, a little higher.
00:50:31
Speaker
ah But I realized that I cannot you know push through and say, ah you know, I can do this same trading with hundred and fifty k of margin and just do triple the money. No, it doesn't work like this. like yeah the The ability I have with trading with ah for example, 50K margin and I don't know, two, three X positions, for example, it's not translating. It's not scaling linearly if I just deposit more and just trade bigger.
00:51:01
Speaker
So you you learn these things only by experience. It's not written in any book. Maybe some people are fine just winging millions. you know Maybe some people people are like, I mean, not many probably, but you know,
00:51:15
Speaker
I'm just saying it's not universal. It's very subjective. You need to find your spot yourself and it's not written ah in any book. it's not written on CT. You cannot pay any courses. You cannot pay any private group to tell you, for example, if you will shit your pants when you have a seven figure position on a coin, where's a 20% a day volatility, you know,
00:51:41
Speaker
nobody's going to teach you that you need find it for yourself. And maybe some people will never learn or some people will just burn their accounts and just keep ah banging the same mistakes. And some people ah have the, how to say, humility to adopt. You know, I have some friends who tell me, know, like, oh, like you could just, you know, up your size and just, you know, like,
00:52:06
Speaker
I know, like, for example, I know that I cannot push through ah linearly with my size. So, for example, I try to grow, but I try to grow incrementally a little more. I try to get used to swing bigger positions, but I know that doesn't work so easily if I double my size tomorrow because I will just, you know, be in a complete ah emotional mess.
00:52:34
Speaker
No, that makes a lot of sense. Some people want to learn truth about themselves. Some people don't want to learn. Some people don't want to admit to themselves that maybe they have limits or that they have, you know, like, I mean, we all want to be, uh,
00:52:49
Speaker
heroes, we will want to be the this 100x. We want to retire in six months. I mean, some people don't want to, for example, accept that a retiring in five years is it's incredible. you know Some people will work 40 years and never have anything to show off.
00:53:07
Speaker
And if I tell you, if if I go on the street and say, You know, you grind your ass for five years, but at the end of five years, you have $2 million dollars and you don't need to work a day in your life. yeah Anyone would sign anyone, anyone.
00:53:21
Speaker
They will not tell me, oh, I want to do it in six months or I want to do it in a single coin. you know I want to find the next week. Otherwise it's not worth it. not They will tell me, oh, where do I sign? Five years, five years and I retire. It's fantastic. our People want to do it in six months and they're not ready to to accept this this limits, this um friction.
00:53:47
Speaker
I mean, in this day and age for like our or age or generation, it's probably like almost a luxury to even think of retirement at all because of like the the way that social systems work and all of that stuff. So even if you can retire in five years or 10 years or 15 years or whatever,
00:54:04
Speaker
or you get to a point in your life where you don't have to worry worry about money at all anymore. That's like very and a blessing. And if you can work towards that, that's like a really good thing.
00:54:14
Speaker
And them but I got some reminded of something when you when you said earlier that it's not just um to to split your account through exchanges and like keep a certain amount of margin that is not only to protect yourself from counterparty risk, but also from like gambling risk.
00:54:33
Speaker
because that's also something that I have experience too. And I remember at one time I tweeted, um what makes someone someone a good trader or something like, um how long does it take to be a good trader?
Continuous Learning in Trading
00:54:45
Speaker
And someone replied that it's a never ending process. Like it's basically something that just always keeps going and it's never you never get to the point where you're like a good trader because you have to do it like every single day or you could lose it all.
00:55:00
Speaker
Like you could just make one super decision. You could like up your size, up your margin and trade with bigger size and you are able to handle and then just like lose everything that you've worked for before.
00:55:14
Speaker
yeah, yeah that's that's that's a very good insight, yes. I'm wondering, do you what kind of venues do you trade on? do you have like we had i feel like it's almost already a bit too late because the Perp Dex meta kind of kind of died down already again after the the market got basically wiped.
00:55:33
Speaker
um But do you have like any opinion on Hyperliquid, on new Perp Dexes? you have any like preferred venues that you trade on or like any and the insights in what do you think the the future of crypto trading will be like?
00:55:49
Speaker
Um, so don't have very like a strongly held opinions. I am mostly, uh, my, most of my volume is done nowadays on, uh, by Bit and, uh, Hyperliquid.
00:56:03
Speaker
Uh, Bybit, again, instead of Binance for simple oh geolocation reasons, like at some point, Binance futures were not available anymore in my country. So I see people voted to buy it, which was less restricted, even if it was KYC.
00:56:24
Speaker
And also, of course, for liquidity reasons, it didn't make sense for me to go to ah smaller exchanges where there is not enough volume or maybe books are too thin. Hyperliquid because, well, ah several reasons. on The first is, of course, that it speaks up to me more ah to my own chain. So let's call it. I don't consider it necessarily a fantastic example of decentralization because you are basically
00:56:57
Speaker
Well, I will be technically wrong, but you kind of breach to a black box, which is okay. It's all on chain. like it's so There is transaction and everything, but basically if hyper liquid goes down, yeah like good luck taking your money out, let's say. yeah Yeah. It's not executing on our bit room itself. you know So I don't know. I don't want to paint a black as one scenario. I'm just saying,
00:57:28
Speaker
It's almost like deposit into a CX, centralized exchange. I don't want to go too deep into the technical reasons. Anyway, um it's still It still makes me feel that I'm kind of trading with my own wallets and nobody asked me to KYC and nobody asked me ramp or off ramp. And ah they there is good enough liquidity, at least you know for the major pairs.
00:57:55
Speaker
So they they are also fast to list recent narrative coins. so it's Usually it's a good bet that if you have money on Bybit and Hyperliquid, you will be early enough to new listings.
00:58:11
Speaker
It's enough to catch or on one side or the other or both. And of course, i mean, how to say not to ah to do any like impromptu marketing, but I like to have the ui uniformity of trading or whenever I'm trading, I'm just trading on in silico most of the time. yeah So I like you know to know that even my like muscle memory for the buttons doesn't need to change wherever I'm trading or even you know managing position on two different exchanges in a single tab. but
00:58:45
Speaker
i mean, this this kind this type of convenience, I will not I, e for example, i don't know, like I didn't farm lighter just to make an example ah because I feel like whenever I decided to approach it, I felt it was already a bit late in terms of ah points emissions. yeah I feel it's been already like over far more anyway, like it's like a bit too late to the game.
00:59:12
Speaker
So didn't make much sense. I am keeping an eye for other smaller new perps, but I think I will wait where our market is in a better situation right now.
00:59:26
Speaker
Right now, I mean, like I've been, except spot movements have been flat since so I'm not in a hurry to redeploy anywhere for purpose trading.
00:59:40
Speaker
yeah i'm not I'm not very, how to say, technically skilled to perform like arbitrage strategy. I'm not doing ah delta neutral farming like, you know,
00:59:51
Speaker
having spot and shorting on exchange, such to farm points and such. I'm not like this. If I if i want to farm a DEX, I just move some margin there and start trading as usual and hope that my volume will make me some airdrop in the future. That's it. I'm not very sophisticated.
01:00:10
Speaker
Yeah, that makes sense. um I think one mistake that I kind of made is like um when I started looking at LiDAR, I looked at it very early. i i I did it like, um I don't know how early it was, but maybe in May of this year or something like that.
01:00:27
Speaker
And I feel like that's maybe one of the drawbacks of the convenience of the the terminal. ah just I just couldn't like trade on the UI anymore because I'm just so used to like trading on... on like I feel like if you if you do it once and you never really go back or you don't really want to go back because it just feels good to do, especially if you can do it like on multiple exchanges at once.
01:00:47
Speaker
And um just it's kind of a regret of mine because obviously, like I mean, I don't know what what the points are worth now after whatever happened, but um I guess it was an easy thing to to kind of farm, especially when there's zero fees and stuff like that.
01:01:04
Speaker
and i mean, OTC, they're still going around 70 something dollars even after the recent debacle. Yeah. I don't have that many. I have a bit, so that's that's I'm still happy about that. But yeah, ah sir what um how do you use the terminal for for execution? What is like some of the things that that you like can't live with without or anything? Or is there anything that's a favorite feature you have or something like that?
Future Goals and Motivation
01:01:35
Speaker
Oh, um so i I cannot say that I use super many of the features ah that that are available. I'm not super sophisticated traders.
01:01:49
Speaker
ah But what I like is, well, first of all, I like the thing to have several charts at once, and it gives me also the opportunity to i have more charts of the same coin, for example, on different time frames, which is not so easy to do on many platforms.
01:02:13
Speaker
um I like the he
01:02:19
Speaker
especially the way to manage positions open, for example, so like the little options in the position window to manage trade, like to close partially, close 25%, to close 50% and to close in a certain way, like completely at market,
01:02:37
Speaker
or to make a trap or to you know scale down or whatever. i like i would like to say that I like the chase feature a lot, but I cannot say that in fact I use it the so often or so successfully that i mostly I mostly try to put some Chase, for example, stuff or Stalk stuff, and then I lose my patience and I just market in.
01:03:09
Speaker
If you see my fees log, it's embarrassing. It is unbalanced towards market trading. yeah Like taker fees are, and think 65, 75, 70% of my trades are taker, but in ah entry and exit. So it's not super.
01:03:32
Speaker
It's not super ah sophisticated. What I like is, I don't know, little quality of life things, for example, a preselector of size in my place order windows.
01:03:44
Speaker
I like the nuke buttons. Like sometimes I feel yeah like I want to, you know, I have two, three position opens and I want to just nuke them completely or nuke all my orders because maybe I feel like like a big volatility movement is coming and I feel like like all my limit orders are like too old or like I feel that they're going to just get smashed through by the market. So I just i like the ah little button to you know immediately cancel all. i any i like I don't need to like sign my wallet or whatever or I have these little stupid prompts from the exchanges.
01:04:25
Speaker
I like straight up the, how to say, I mean, again, I don't know how much is placebo or not, but like, I feel that if I see a price on the chart and I click market,
01:04:40
Speaker
I feel that on the exchange itself, I feel like there is a one to second of luck where I get filled at the worst price rather than um i in Siligo. I feel it's more like an instant feedback.
01:04:51
Speaker
So I don't know how much is the API or how much is whatever it is. Again, I'm not super technical, but just I feel that it's more snappy. It's more like If I want to enter now, I enter now in this fucking mix. It's not like and the same for exiting, of course, like I feel it's more like there is less. I don't know if I say sleep is wrong, but like, you know, I feel there's less discrepancy between the price and the price I get filled even at market, you know, instant feel.
01:05:27
Speaker
I think part of that, I don't know if you if you have the sounds enabled, but for me, I definitely feel that experience also that it's like very like smooth and then instant with like the little click sound that it's like satisfying to to just have that going.
01:05:39
Speaker
um And I thank you a lot for for all of the glazing, obviously. And I'm also, as biased partial beneficiary of your of your fees, I thank you for your market fee donations.
01:05:53
Speaker
um I have the u will sound on since day one, since the first day has been possible. I'm a big fan of the uber sound, the original.
01:06:06
Speaker
that's very funny does that never get annoying when you just hear the sound oh yeah of course it does yeah yeah i mean at some point i have some uh like uh when you have a lot of like for example scale or there's it starts to sound like the agra the aggressions but yeah yeah nice yeah i um yeah That's crazy.
01:06:30
Speaker
That's actually very funny. and I have one more one more question sure and before we before we wrap it up. um what like you You've been in the space for a while now. You are contributing, you're shitposting, you're trading, and you, as you've said, are in a position where you're quite comfortable and doing well.
01:06:51
Speaker
um And I wanted to ask, like maybe it's like two questions. um like what Do you have like any any goals in mind or anything where you see yourself going in the future that you're ever going to like stop trading or or pursue something else? Or if you don't, or just in general, like what what keeps you going? What keeps you like motivated to to just keep doing what you do?
01:07:16
Speaker
Uh, well, the short answer will be Marina. I'm joking.
01:07:24
Speaker
No, of course um, uh, as I said, I feel in a, uh, comfortable enough position, um, but it doesn't mean, I feel that too many people associate the word retiring with the word like pension, like you imagine someone 65 years old, just reading the newspaper at the park, you know, feeding ducks and just being completely you know detached from society.
01:07:53
Speaker
ah Retiring for me means that I am my own boss. It means that I don't answer to anyone. It means I don't need to do to say yes, sir, to any manager.
01:08:05
Speaker
I don't need to report at the end of the month. I don't need to do PowerPoint de slides to a boss who wants to look good to management and all this stuff. So for me,
01:08:18
Speaker
The meaning of retirement means I am you know like the master of my own time, which doesn't mean I don't do i don't i want to you know like sit home all day and play video games.
01:08:31
Speaker
Maybe means that I still put the alarm at seven o'clock or maybe I stay up but to see the future market open on Sunday. Maybe it doesn't mean that I need to take a trade at midnight on a Sunday. or Otherwise, I don't put the bread on the table. doesn't mean that, but means yeah definitely I want to keep honing my game. i keep want to you know, be ready.
01:08:58
Speaker
ah I like to say I want to be ready to be lucky. Like you want to put yourself in a position where if like strikes, you are there to profit from it. You know, if some opportunity, if someone, you know, in your ah Telegram group or someone on Twitter see a new coin, you want to be there. So, ah you know, it's A lot of us who have partners who have girlfriends or wives, they have ah this common joke that you get caught on Twitter after four hours and they're saying, oh, but you're and yeah just shitposting or whatever. You're just scrolling your anime books.
01:09:36
Speaker
And you say, you turn around and say, am I i own working? No, because I'm working. And they don't see it this this way. No, no, actually, yeah I'm joking. My wife is very understandable. but Like, it's very understanding of my let's call it career choice in general. She understand that if I am on Twitter, yes, I'm shit posting, yes, I am replying to memes, but there is potentially new information coming, in new alpha, new trade setups, new valuable insights. So it's like take some understanding. so
01:10:16
Speaker
ah Goal, yes, I have some, again, I'm not ashamed to say have some material goals, like some monetary goals, um which is not necessarily ah straight up number, but more like, I don't know, putting yourself in a position, for example, to say,
01:10:40
Speaker
Okay, beer market is starting CEO in two years. Like can walk away for two years and just come back where it's a new bull run. And just, you know, I still feel in a position where I need to kind of keep an eye open for the time to the market because they still ah want to reach some goal or anything which can be not necessarily a high score number, but like more ah material improvements like you know improving your house or moving to a different one or and potentially planning a move to a different country, stuff like this, which cannot be improvised. you know
01:11:23
Speaker
So you're just like hungry for new opportunities basically. definitely Yeah, yeah. I mean like the old adage that the million is not enough to retire.
01:11:36
Speaker
yeah Yeah. many I'm nowhere and nowhere near close, so I cannot retire. so you have more more work to do then? Yeah, definitely.
01:11:48
Speaker
More shitposting especially.
01:11:51
Speaker
Yeah, I guess that's it from me for for this. to Is there anything else that you would like to say? Any any closing words? Anything you'd like to shill? No, it's been a fun chat. I'm very, very happy to join you for this little later recording.
01:12:10
Speaker
Yeah, same. I agree. Thank you very much for for coming on. I think this was a good conversation. Okay. Thank you for hosting and thank you everyone for listening.
01:12:22
Speaker
Yes, goodbye.