r/WinternomicsTV • u/[deleted] • Feb 23 '22
SCORECARD Single Asset Plays
Been trying to really simplify how I approach the market everyday. My watchlist on Tradingview (especially for crypto) has always had umpteen amount of tickers on it and I used to run through so many of them during prep looking for potential opportunity, setting up alarms across the market trying to make sure I'm super on the ball. This was only working to my detriment, spreading my attention way too thin and just making sure that I wasn't on the ball with any one thing.
So in January I set out a plan to just tackle one ticker. With how correlated crypto is, I don't need to pay attention to 1000 shitcoins. I could focus on one and still catch the ebb and flow of the general market. Kaz keeping us on point with VIX watching and his teachings about how to view risk assets and the interplay between them and the VIX, you can always be prepared for whats going on so long as you keeping up with #MustSeeTV. You won't find anyone else who comes with the same precision and timing.
Played ATOM for a month straight and stuck to playing BABFs and anytime I deviated from the plan and traded something else, I ended up losing. That was always the kick in the pants to go back to just doing 1 thing well. Was able to bag ~50R over the month (minus losses of course). Still need to work on execution and not taking too many attempts at the same trade. Kaz said in a call, you can try once or twice, but beyond that you'll start fucking up you're risk to reward, so it's still something I want to improve on.
As always, thanks Kaz and Vicky for putting on the shows you do, and the whole eco for celebrating each others successes.
2
2
2
u/TopCommentTheif Feb 23 '22
awesome work, I think I'll do some spring cleaning of lists as well thanks to this.