Transparent Portfolio Update:

I took losses of about $200k overnight over WLFI, ENA and PENGU. I was betting on a big repricing that failed to materialise after the most dovish Jackson Hole in years occurred and we retraced over the weekend.

I am currently in $DOLO as my only position and added a little to it on this pullback in the event it does reprice due to WLFI. To me this seems like a sound thesis and stands as the best narrative driven play right now. It was holding up very well until ETH finally gave in and retraced back to $2.5k

90% out of crypto was figurative, and it’s actually much less than this… honestly all I have in crypto is $250k in perps. This does not include my BTC on cold storage (that I will not touch for many years) or my stock portfolio.

Rebuilding from $250k trading port is very doable and allows me to size up when necessary albeit with higher leverage.

This was the trading plan all along and I stuck to it. Despite giving back some profits I’m still very proud of the way I played this last 24 months. You will never keep your peak net worth.

Things I can and need to improve on:

1. Take less trades (more trades ≠ more profits)
2. Zoom out
3. Size down (especially during loss streak to avoid tilt)
4. Wait for optimal plays through patience