1. Market is pumping 2. Everyone thinks they are a genius 3. Market turns 4. People realize what is levered beta 5. Repeat
Get something simple going, focus on things that matter, manage your risk.
Most likely you ain't a trading genius.
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I've seen this pattern over and over:
1. Market is pumping
2. Everyone thinks they are a genius
3. Market turns
4. People realize what is levered beta
5. Repeat
Get something simple going, focus on things that matter, manage your risk.
Most likely you ain't a trading genius.