$BTC
Since the move from 6400 to 7500, we've seen:-
• 7x 10 market sells on Mex. All long closes. All full retraced. Last three were followed by 1m order spams equaling the sell.
• 4000 BTC shorts covered on Finex
• $30m Tether print
I'm flat. Be prepared if you're not.
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Replying to @HsakaTrades
if you expect a volatility explosion, why not be proactive instead of reactive?
1 reply 0 retweets 3 likes -
Replying to @csahoo
I don't know what to expect, hence my stance. If there is a volatility explosion, I'd rather miss it than be on the wrong side of it.
3 replies 2 retweets 62 likes -
Replying to @HsakaTrades
this is why options will be huge. experienced traders like yourself can make +EV bets on volatility w/ minimal risk.
2 replies 0 retweets 4 likes
Replying to @csahoo
Yeah I'm not proficient enough w/ options to long volatility yet. It's something I plan on diving deep into. The closest thing right now I reckon is the MOVE contract on FTX.
11:21 AM - 20 Dec 2019
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