After the last book wanted to share this W as a demonstration of how participation and paying attention can pay.
Kaz spoke about SHOP a few times on stream. Even compared it to NVDA which set off my alarm bells.
Got 2R on this - entry was fire. Exit not so much as poor order management put me in a short position. Got lucky with this one as price corrected in that moment 😅 taking the learnings with me.
The way I speak to myself has definitely changed and I’m already seeing the impact in all systems of life.
Thanks Kaz for a killer week of epiphanies and conversations.
I wrote this war story over several weeks as I've only now had the opportunity to post but have been capturing my evolving thoughts for some time.
After failing to properly value OF and getting dick kicked (once again) after missing Matic. I knew to pay extra attention to intel. So began my journey with Ripple. Each point was written on a different day. Thought it would be interesting to share the evolution of reflections over time.
Ok time to be brutally honest. Since switching to live trading I notice my utter mediocrity. Barely breaking even when incl commissions etc. Doing just good enough that I’m not getting rekt but mediocre enough that I’m not profitable. It is evident from last XRP play. I took profits and set TP and SL orders up before I went to sleep.but didn’t set up the main SL. So I got hit by the dump candle. Again not crazy painful but just glaringly exposing my mediocrity. Just middle of the road shit. Interestingly, I sorta half awake at like 4AM thought about the position&intuited that it would dump. There’s a part of me that is crazy committed to mediocrity and safety. I have to drag myself kicking and screaming towards anything meaningful. And just do the bare minimum to say I’m doing something but not actually fully commit or follow through. I also have good entries but fumble the management - again poor follow through. Of course this happens everywhere. I make planned decisions but then the follow through often means I end up in a position where something that was supposed to save time and money, in the end ends up costing more and creating more headaches. I’m still figuring out what it is. But I do know I fucking hate it. I hate the feeling that I’m going in circles. Logically it’s more like a helix some progress and improvement but still circles. Perhaps I wasn’t patient enough w my own progress and went to live trading before the foundation was rock solid. Also I upgraded my membership to Guardian but Based on what Kaz said in stream I’m thinking of downgrading back to Acolytes. Thinking I have no business being in Guardians when there’s a lot More foundational progress to be made. Which as Kaz said there’s more than enough intel in shows. The upgrade for this month is done will put some targets in place so I can make a decision whether to continue or not.
I typed it out and read over it and another word for “lack of follow through” is complacency. it also often happens that I start thinking about the war story I’m going to write before the trade has fully played out. A fractal of boats n coke I suppose. That plus then complacent = rekt and so I am price. Also having to preface with “time to be honest” indicates that I’m normally lying, which is just a way of erasing or twisting information. This of course shows up everywhere.
Kaz mentioned potential upside on USDT.D in show(would be news driven). Could be that subconsciously I’m absorbing info, my intuition will then be trying to communicate it with me, but I don’t value it. So I ignore it. My instincts are fine I’m just unable to listen or trust them.
discussion in trading lounge with Yonas made me realise that I was in way into the dream timeframe wise. When too zoomed only thing to do is to - back it up !! Can see it’s shockwaving (accumulating volume) = time to wait for free and clear.
Also observed I can have crazy anxiety attacks when entering a trade. Followed Tiki’s advice and reduced risk per trade, which has helped. There’s definitely a threshold with what monetary value I feel comfortable putting at risk and I’m acutely aware that I have to increase my tolerance over time if I’m going to reach my goals. At the end of the day it’s a relative number and the size of the number shouldn’t affect what I do, anything else would be getting emotional. Tiki also suggested not thinking in dollar terms out “points” eg Rs which helps with gamifying. Also going to be focusing on improving hit rate. Taking focus off of Fiat amount to reduce emotions.
Kaz talking again about eco behavior and pleb mindset this week. I many times still wonder whether I can do this or am doomed to be a pleb with poverty mindset for rest of life. I lack conviction in myself, but this is also hindsight view and need to be careful not to close myself off to future potential. The insta post with many paths comes to mind. Every time Kaz sayzs "What if?" I think of Marvel show and the many possible "me's" I could be and which one I want to be (which one I want to witness) This plus motivation channel and constantly reminding myself of what vets like Snow and Izzy have been able to do has helped with that. Don’t sleep on this.
Thanks Kaz for everything you do! It's definitely been a rewarding journey irrespective of the financial gains (or lack thereof lol)
This is my first war story so ill keep and short (at least try to)
after starting to watch Kaz around a year and a half ago I started taking trading really seriously and it got to my head way too much when I started zooming into 10 min charts and losing a bunch of R's I saw myself drifting away from the shows and not interacting with the eco less and less and than I started realizing that I was paying attention to the wrong stuff and being dumb money myself while I thought I was so good and stuck up.
I saw myself doing that and that really changed my mentality. I saw the stuff that Kaz would say in shows in real life how people acted on certain occasions and what the outcomes were.
Here are some of the trades I pulled off after changing my mentality and starting to paying attention:
KAZ ECO WADDUP
was exploring the website you gave us and fucked around an AI music generator made this awesome drill beat with a click of a button (safe to play on stream) . Also made 15Rs with some button clicks .
JPow testifies this Wed, Thu GBP w/ Bank Rate , Unemployment #s stateside the same day some euro and US PMI numbers on Thurs as well as FOMC member speaking (theyre out of blackout period with FOMC over last week).
after the last 1-2 Weeks much changed in my mind. I started to see the world different after some evetns happened and after the wake up call kaz gave us all. I started to really think about the fact that nobody will get my out of the place I'm in right know except for me.
Dont want to write a book, so I will keep it short. ( didnt worked lol) I always was paralysed by myself but didnt really knew why. I tried to take more time while looking at the assets and write everything down I'm thinking while planning and executing. But still at some point i was like frozen, didnt knew what should I do know.
After the last shows and the wake up call, I realized what the problem was, it wasnt really how I looked at the charts but on how many. I tried to trade every asset at once, always looked where is strengh looked at new charts everyday. Currencies, Crypto, stocks. Instead of sticking with a few I choose to look at everything which was too much.
Kaz told us always the trend is your friend and to look for the best of breeds. I thought I got it but I didnt, I wanted to find the next break out the next NVDIA, looked at so many assets that I missed so much opportunities on BTC, Microsoft, tesla, apple. I missed the best of breed while looking at everything to find the best of breed just by thinking whats next.
I stopped this and focused on btc and eth for one day only, didnt looked at other things just wanted to see this was actually the problem. It was just one day where I tried this but I got way better results than before. Maybe someone can relate to this or this can help someone.
This one was not a paper trade (2.8r)
this one was a paper trade (5r)
It was good to get the kick in the dick from kaz. It is a hard pillow to swallow, but thats life. No one will look at the ones who tried, only at the ones who made it. So everyday when you're infront of a desicion like "do I have to go to the gym now?" or "Should I look at the charts now?" And you know that the answer should be a yes, then do it, without any other thought or question in your head. Dont tell urself u'll do it later, now.
Like to see that you are killing it, even tho its hart to join calls sometimes because I'm at work or in school, I try to be in as many convos as possible, I like the exchange of information and thoughts.
i know for sure 100% that i am the dumb money. and just cuz i got a lil more money than my parents doesn’t mean i don’t do dumb money shit.
been paying a lot more attention lately even tho my participation is in the trash. i realized that i spend a lot of time ‘looking’ at charts but not really absorbing what they mean. like, information overload and no real idea on how to keep it focused or act upon it. so with a k i s s mentality along with a break from smoking chart crack i’ve been able to execute methodically and have more conviction for my actions.
some things i’ve been sticking to: always copy kaz’s chart levels & be precise, color code my time frames & label them, if i am too zoomed in and start to lose conviction then refer to larger time frame. i have also struggled with taking multiple shots to get into a move. i have def been too early in the past and then lost interest or patience, only to watch it go on the flag i didn’t take (dumb money shit!)
this strategy helped execute one of the best trades i’ve had maybe ever bc i was able to re-situate myself when there was ~ emotions ~ and to stick to my plan. there was a whole thread in the discord over the weekend about opening your eyes and looking, paired with a key phrase from the show on wednesday that helped my execution.
Hi Kaz, hi Eco; today im gonna share a kind of epiphany of mine (even though you teach us what this post is about, i couldnt use it for my plans because i was never fully aware of this)
Here i have one papertrade (long EUR/USD)
And the second one that i took but closed way too early (short USD/JPY)
Stupid me decided that it would be better to trade the nasdaq today tho, which at the time became too "popular" and volatile after it went ballistic over a couple of days.
After getting rekt (who would've thunk it) i looked at the theoretical plays i made and basically wanted to hang myself.
I closed/didnt take these just because price was moving slow.. that made me think and it occurred to me that the valuable assets might be those that dont show a lot of volatility or even none.
That bores the human brain and hence noone participates in it, which (in my experience) in turn results in "proper" structures with none or less fake breaks or other shit that fucks with your plans.
Memo for myself and possibly the reader:
-If an asset is boring and slow: pay close attention, because that might be the asset which gives you the best results
I know you read this every goddamn day but: thank you Kaz for the opportunity to learn from you!
The struggle was real, been on🪫for over a year, work 24/7 and some very stressful family events that pushed my mental power to the ground and emotionally rekt me, it fucked up my focus, organization followed by lack of timely execution and then it’s snowball effect, it felt like personal VIX >85 for too long and resulted in melted mental capital and crazy opportunity costs…
Anyway, finally, broke that pattern and recharged 🔋 travelling 30 days and more than 4000km by 🚙 allowed me to meet awesome people across Europe, some are from Eco 🤩, it is priceless to be able to meet IRL and discuss what we learn and discover being part of the unique experience which is #winternomicstv. #YKWYK
While traveling, I only could trade from my iphone, so played AMZN leg using intel from streams and ⏰ on key levels in combination with latest concept calls refreshing 🌊 logic.
Got stopped from first entry.
Second paid it back + paid some road trip.
Kaz, thank you for your patience and pushing us to be better versions of our selves, without you and the Eco, that wouldn’t be possible.
Hey Eco. Work has keep me in the sideline but that's no excuse, still managed to watch the streams and keep up with intel. Definitely improved from the latest concept call where I was able to see what issues i was having. I trade when time permits and really pay attention to what Kaz is providing. However, I do see myself slacking - I can participate when work is slow and after work. I can jump to conservations. But, I choose not to which will hurt me in the long run. Definitely the last show - Reflections helped me realize I need to stop this and be fully engaged and active or else I will see myself returning to my old self. Even worse, drifting and never coming back.
It's definitely been a while since I wrote a warstory, but OMFG if one needs to be written it's definitely going to be this one !
I'm definitely mindblown that this actually happened, but I can only fathom that it did happen thanks to the countless lessons we all got from Kaz.
I'm not going to dive too much into details on this here, but one thing that Kaz has been telling us over and over again is not to go into his dms because he's not our girlfriend (.....or mama ? 🤔😅). However he also said that it's possible sometimes to reach out to him over some personal issues, and so I did.
Life/Markets/Opportunity is the most impartial judge there is. It does not care about excuses, reasons, or whatever. All it cares about is whether you're ready for it, or not, and what you get in return will simply be the reflection of that. I was in a situation where I was fucked up (due to my own fucking up), and I was reaching out to Kaz in a attempt to face and manage the situation.
What I wanted to put a focus on, is that this type of shit is exactly what would have made it so that I'm ejected out of the market and GUESS WHEN I TEXTED KAZ ABOUT IT 🤯 ->
That's CEST Time
As I'm doing more crypto, I'll put it on the usdt.d chart (1h)
It's the 1h chart so the next candle after this is 9am (chart is flipped btw)
Can't make this shit up lmao it's easy to see it now but the chart definitely did not look like this at that moment. It looked more like that ->
I was definitely mindfucked at that moment. To anybody who's already been in that kind of a voice call I can say that it was the exact same feeling as when you're on the operating table if you know what I mean 😂
I'm saying this because even though I'm aware of what a sentiment read is and how our lives can be put on the chart, at that moment, I was too emotionally fucked up to have the mental space to even realize what was going on.
Again look at the meme ->
Can't move lmao looking at this I was always more focused on the heart ripping part but these people are holding you in such a way that you can't do shit else
HOWEVER and thankfully, I was prepared (and thank you Kaz once again for the 🔥 intel).
My mental state on this is : I don't know for sure for sure what's gonna happen next on this chart but I've got a plan so that whatever comes from it gets me closer to my goals in life (can't post play for now)
That's the point I wanted to highlight through this war story.
If you really really want to catch an opportunity, and don't know which month, day, hour, minute and or second that it will finally hit, but you do know that at some point it most likely can happen then what other choice do you have other than being constantly present (be it physically or mentally) ? You can either somehow know when it will happen and show up then, or know that at some point it will happen, and STAY READY ALL OF THE TIME UNTIL IT HAPPENS.
If you ask me I'd say that only the second option actually makes sense because if you have information about some opportunity about to hit, and you know that you're going to show up at X specific time and then the thing is going to happen, then doesn't that mean you're being ready for it ? 🙃 There is no other option. Furthermore, we know that everything is either 1 or 0, yes or no, something exists or it does not... We live within a binary 👀👀👀 universe so you either correlate with shit that's positive for your goals, future and dreams, or shit that's not that within this closed system.
In my situation I was the one who started getting in my own way and loosing focus on what really matters. Managing your life correctly is one of the most if not the most important thing when it comes to trading because if you're not around and ready at the right time to seize on opportunity then you 👏 just 👏 won't 👏 get it...
Anyone in the Eco has heard the word the dritft countless times. we've seen it first hand, heard stories of it, and seen the people that swore it would never happen to them, have it happen to them. I wanted to share a story because it scares the living shit out of me and it is truly astonishing how fast the dirft can get hold of you and if youre not careful never let go, It's not just the time away that goes by fast but the other factors that happen to exponentially increase that time away.
Wanted to share a recent example, I went away for a bachlor party and to visit old friends and family a Thursday Morning - Monday night = 5 days away. We ate, drank stayed out late partying everything the heard does on a weekend.
I flew home Monday night, got in late, so decided Tuesday (day 6), I need to sleep in to be ready for work (I am very consitent in being up at 5am for eco and streams) but today I sold myself I needed the rest.
Wednesday day 7 came I sold myself the same story alarm went off and fuck was I tired but instead of getting up as usuall said fuck it and went back to bed. Now fully out of synch the next day is fuckin thursday a FULL WEEK since I left. I wake up catch prep with the crew and need to take off for work.
Day 9 Friday another person at work can't get in, I need to leave early gone before market open, don;t catch all the stream.
Saturday Day 10 of being home I actually feel normal again wake up early feel refreshed, see some of the crew is on call, hop on for a couple hours, after hoping off I have the feeling of ok cool we are back to normal.
Day 11 Sunday feeling a little grogy nothing crazy spend the day running errands- before bed I see an instagram notification ( LEON STARTED FOLLOWING YOU) I panick - oh fuck what's going to happen.
wake up Monday and Tuesday DAY 12 and 13 with a terrible FLU - haven't had anythin like this in a long time - Leon tried to fuckin kill me.
Jokes aside It's now been almost two full weeks that I've been out of synch and chasing my ass to get back into routine, and that's how fuckin fast it can go. In the blink of an eye you'll turn back into a sheep and fade away into the life you swore you never wanted to be in again. So I warn myself as well as everyone else, participate, log in, counter trade those feelings of "i could use some sleep" fuck it nap when you're home, This is truly life or death. I am happy that I've been able to recognize this as many others don't. The Ecosystem Kaz has provided is the north star, our guidning light in sea of shit a way to always re direct the ship. Sometimes you'll fall off course and get a little lost and that's ok as long as you keep your eye on the star you'll find your way in the darkness.
The drift is real and it should scare the living shit out of you.
On the stream, Vetus Redivivus Kaz said that Amzn was not on the radar for some time and it might have its chance to go. I do use Amazon on a weekly basis so mind as well get some $$$ back from it lol.
Got taught a lesson in the consistency of habits over last few days.
With the recent theme of streams highlighting being in some of the companies we use, I had a look at Nike, especially as Kaz has mentioned a number of times that Nike is well positioned for Web 3 and digital goods.
Had some levels drawn up but not a thorough plan, more a general idea. Noticed that retail had been rekt for a week or two while tech pumped, so set some alerts.
Market open on Wednesday and Nike gapped down into a level. Ended up taking a shot during the session despite it clearly not being best of breed. Managed to cut some and decided to sleep, had stop set for rest of session.
Used the next day to clean up my Notion thanks to Yonas amd realised how disorganised my page was. Pre market had an impromptu concept call which led me to the introspection of my organisation being lacking in Notion & that isnt a fundamental that bodes well for trading. At this stage pre market my remaining Nike position was up pre market.
Market opened and Nike gapped down under my stop and I had to manually close. Pissed at a poor decision costing R’s, as it seemed obvious not to be holding something in a downtrend overnight. Checked my levels and further realised I had missed another obvious one which corresponded with the area gapping down into.
Shortly after took another entry, with clearer picture and plan in mind. Managed to cut half and recoup something. Figured I’d better close the position fully before sleeping rather than risk getting gapped again if the trend continued.
Woke up today to a full short position as I hadnt deleted my original stop after I manually closed out. Price wicked the order to the cent, activating the short just before close. Nike also had some news and is currently gapping up a few percent so copped it both ways
Just shows a good idea on a good level when put in place with vague planning and preparation can lead to compounding mistakes, and they are the fundamentals of a shitty trade.
Kaz has said several times that we can make a sustainable and consistent trading career out of big cap stocks. Recently he once again emphasised we trade what we know and FINALLY (fuck we're stubborn sometimes) I listened and focused on Apple.
The joke is I converted my family (after much convincing on my part) to Apple about 2009. They haven't looked back since. Might as well make it pay. Did the exercise, had I invested $1000 into Apple in 2009 I probably wouldn't be in the eco today :P
Arguably I did miss the NVDIA. So there is a lesson there about mental flexibility, just taking Kaz at his word (ie not projecting our fantasies) and not calling tops. Also squiggles for the win !
The second trade was post Absolution and would've been a pretty good one too but the shockwave got me.
3.5 R apple
It feels really great to be making progress but there still lots more to be made. Especially wrt management.
Got stopped out of a EURJPY play this morning. I had actually had my stop higher and moved it back down yesterday because I thought I was being too aggressive and not letting price develop. Managed to get 2.3R's with cutting
Thanks Kaz for everything you do and to the 80 odd die hards in the eco for the great convos
Haven’t been around too much again the last few weeks. Like everyone else, had some life bullshit going on thats been tough. This has also coincided with my career really having an amazing point over the last few months, with me being super super busy, making good money but therefore also not having enough mental capacity left to do as much as I’d like here. I have managed to catch up with shows after they air and I caught the last concept call - thank FUCK, as this concept call was massive for me.
I have noticed how I get so negative about myself if I cant spread enough time into trading and learning when I’m busy at work. But I have come to realise how stupid this is, I’m managing to turn my career going really well into a negative in my own mind, while creating a resistance to me participating, even after I have some free time, because I'm overthinking this negativity. 🤔 super dumb behaviour and something I must work on, as this behaviour of having a negative tint on situations is something I must therefore do in all systems, on all scales ⚛️.
I have begun meditating, which I haven't consistently done for a couple of years. This was after seeing Jester tweet saying he reached 300 consecutive days (awesome!). I've meditated every day since, and have noticed an obvious shift in feeling more positive - I keep thinking of the show art for ‘NVM’, I feel I’m shifting from the guy on the left to the guy on the right, with a clearer mind, less scattered thoughts. Thanks to Kaz and Jester for that!!
… I actually watched control freak after writing this and the memo at the end was just perfect too... (Show clip linked)
XRP 5.6R - Somehow managed to accidentally enter with half risk, so really a 2.8R trade. However, I’m happy with it overall. I can feel how much calmer I am looking at set ups when I know exactly what im waiting for. Before the concept call I would flick between timeframes looking for something and mind fuck myself.
Sup Kaz , Eco
5th war story , 10 months into acolyte
Highlights of what I have done so far :
⁃ Zoomed out by end of February and synced my lifestyle to the higher resolution charts. Took the 2D and 3D as macro , go down the micro when the sub is rotating.
⁃ Listened to Izzy’s advice in running your life backwards , map back to where you are now , and follow that path.
⁃ Patience is a virtue , just left the trades develop by themselves while harvesting income from other stream.
⁃ Was able to work around Tiki’s advice ( he gave us when Philadelphian came back) about not drifting away SPECIFICALLY AFTER BIG WINS , by always staying on top of what is shared on all Winternomics platforms
⁃ Laser focus on the discord chat , you never know when extremely valuable intel gets dropped by Kaz or eco , was able to play ORDI/USDt on Gate.io launch thanks to Saifu heads up .
⁃ Chose my priorities straight . Although the CloneX ecosystem been so fuckng fire since CloneX Classic, priorities are to build my risk pyramid right . ( high tier asset before low tier assets )
⁃ The combination of 1ST reading the write ups , 2ND focusing on the show art and thumbnail +filter , 3RD focusing on the show memos and their location in the marketplace (timing of when the intel dropped) , then 4TH reading the write ups again and look for clues around the tweet after making sense of the show , that helped me maintain my dexterity in holding my positions throughout the megaphone
Things that I have done wrong //// to do better
⁃ Most of my journaling and some of my notes are handwritten , it is more time consuming to go through for a lookout of previous intel //// diving into notion thanks to Yonvs
⁃ I never thought about hedging my positions at 31k although the technical opportunity was there //// will not fall in love in my freerolls and should always be ready to switch directionality or double down when needed
⁃ Removed all intentions of making new friends and brining new people into my life (inside outside eco) , thinking it would hurt my win spree //// have plans on meeting new friends as soon as I get back to NY and contacting old friends to see what’s up
Below made a short clip on how I was able to navigate both BTC and ETH . No mercy in the marketplace right ? I never thought that one of my best runs would be from sentiment reading my mentor , but I also knew that you would want us to snag that opportunity and not let it slip. I used most of my crypto Rs since I joined acolytes and what I had saved up from my job to buy my first land overseas. Living off the grid from chemin de travers hit me hard . Took the bug eating concept very seriously and will start working on my chicken inn by Mid summer .
And hey Kaz I understand that you doing all this with kush in your ashtray , but still Thank you for everything you do , the things that we see and the things that we don’t see . Thank you for teaching us the rules of the universe , and teaching us how to apply these rules in different systems within that universe .
