PnL Palace 🤑

[Koichos]

Looking through my PnLs, 5 of my last 14 trades grossed $100,000+ each (4/13 in August, 1/1 in October; took September off)

Spoiler

Make that 6/15. Closed about 68% of my 31 BTC short.

Spoiler

 

[Koichos]

Make that 6/15. Closed about 68% of my 31 BTC short.

Spoiler

A few scalps from this evening. Really not my thing, but the opportunity was there. Just about $160,000 for the day.

Spoiler

 

[Koichos]

One swing, two scalps. $212,000. Yesterday.

Spoiler

 

[Koichos]

Closed my largest ETH short of the year this morning. Just under $214,000 after fees.

Spoiler

 

[Koichos]

November’s PnL breakdown

• BTC: $342,855.86 (after $2,603.25 in fees)
• ETH: $242,145.15 (after $1,557.89 in fees)
• Total: $585,001.01 (after $4,161.14 in fees)

Spoiler

 

[Koichos]

With November’s profits I have officially achieved my Q3/Q4 $1,000,000 ETH goal.

28 trades (26 wins, 2 losses):

• July - Gross: $428,224.14; Realized: $421,970.75; Fees: $6,253.39 (from 16 trades, all longs, all wins)
• Aug - Gross: $433,250.91; Realized: $428,038.15; Fees: $5,212.76 (from 8 trades, all longs, 2 losses)
• Nov - Gross: $243,703.04; Realized: $242,145.15; Fees: $1,557.89 (from 4 trades, all shorts, all wins)

ETH Long/Short breakdown:

• Long - Gross: $861,475.05; Realized: $850,008.90; Fees: $11,466.15 (from 24 trades, all longs, 2 losses)
• Short - Gross: $243,703.04; Realized: $242,145.15; Fees: $1,557.89 (from 4 trades, all shorts, all wins)

Q3/Q4 ETH Total.. Gross: $1,105,178.09; Realized: $1,092,154.05; Fees: $13,024.04

Spoiler

 

[zerorequiem]

My question is how does one get started. I've mostly been looking at options but futures seems like a different beast altogether.

 

[Koichos]

My question is how does one get started. I've mostly been looking at options but futures seems like a different beast altogether.

Leverage over here is hard mode and certainly not something anyone should start on even if coming from options. Ideally, you’d be trading spot (regular buy and sells, BTC only) after learning support and resistance. If you don’t learn how to trade support and resistance on spot you will end up shorting the bottom and longing the top on futures.

Recommended publication: Bulkowski’s compulsory Encylopedia of Chart Patterns - the bible of trading
Recommended YouTuber: Rayner Teo - The Ultimate Technical Analysis Trading Course (For Beginners)

---

 

[Koichos]

Q3/Q4 6-figure trades (3 from BTC, 5 from ETH)

• Aug - Gross: $421,214.57; Realized: $417,902.79; Fees: $3,311.78 (from 4 trades, all ETH longs)
• Oct - Gross: $205,223.79; Realized: $203,702.70; Fees: $1,521.09 (from 1 trade, BTC long)
• Nov - Gross: $530,454.05; Realized: $527,962.26; Fees: $2,491.79 (from 3 trades, all shorts, 2 BTC and 1 ETH)

Long/Short breakdown

• Long - Gross: $626,438.36; Realized: $621,605.49; Fees: $4,832.87
• Short - Gross: $530,454.05; Realized: $527,962.26; Fees: $2,491.79

Total.. Gross: $1,156,892.41; Realized: $1,149,567.75; Fees: $7,324.66

Spoiler

 

[Koichos]

With November’s profits I have officially achieved my Q3/Q4 $1,000,000 ETH goal.

28 trades (26 wins, 2 losses):

• July - Gross: $428,224.14; Realized: $421,970.75; Fees: $6,253.39 (from 16 trades, all longs, all wins)
• Aug - Gross: $433,250.91; Realized: $428,038.15; Fees: $5,212.76 (from 8 trades, all longs, 2 losses)
• Nov - Gross: $243,703.04; Realized: $242,145.15; Fees: $1,557.89 (from 4 trades, all shorts, all wins)

ETH Long/Short breakdown:

• Long - Gross: $861,475.05; Realized: $850,008.90; Fees: $11,466.15 (from 24 trades, all longs, 2 losses)
• Short - Gross: $243,703.04; Realized: $242,145.15; Fees: $1,557.89 (from 4 trades, all shorts, all wins)

Q3/Q4 ETH Total.. Gross: $1,105,178.09; Realized: $1,092,154.05; Fees: $13,024.04

Spoiler

70% of the way to my Q3/Q4 $1,000,000 BTC goal.

21 trades (21 wins, 0 losses):

• July - Gross: $82,087.99; Realized: $79,768.00; Fees: $2,319.99 (from 9 trades, all longs)
• Aug - Gross: $79,727.50; Realized: $75,715.09; Fees: $4,012.41 (from 6 trades, all shorts)
• Oct - Gross: $205,223.78; Realized: $203,702.69; Fees: $1,521.09 (from 1 trade, long)
• Nov - Gross: $345,459.11; Realized: $342,855.86; Fees: $2,603.25 (from 5 trades, all shorts)

Long/Short breakdown

• Long - Gross: $287,311.77; Realized: $283,470.69; Fees: $3,841.08 (from 10 trades)
• Short - Gross: $425,186.61; Realized: $418,570.95; Fees: $6,615.66 (from 11 trades)

Q3/Q4 BTC Total.. Gross: $712,498.38; Realized: $702,041.64; Fees: $10,456.74

Spoiler

 

[Koichos]

(September 1) $17,000 in fees in two months..

Now $23,000 and change after another two months of trading, four in total for Q3/Q4: July, August, October, November.

 

[Koichos]

Q3/Q4 Realized Wrap Up.. July: $501,738.75; August: $503,753.24; October: $203,702.69; November: $585,001.01

Asset Breakdown

• BTC - Gross: $712,498.38; Realized: $702,041.64; Fees: $10,456.74 (from 21 trades: 10 long, 11 short) - 21 wins, 0 losses
• ETH - Gross: $1,105,178.09; Realized: $1,092,154.05; Fees: $13,024.04 (from 28 trades: 24 long, 4 short) - 26 wins, 2 losses

Position Breakdown

• Long - Gross: $1,148,786.82; Realized: $1,133,479.59; Fees: $15,307.23 (from 34 trades: 10 from BTC, 24 from ETH) - 32 wins, 2 losses
• Short - Gross: $668,889.65; Realized: $660,716.10; Fees: $8,173.55 (from 15 trades 11 from BTC, 4 from ETH) - 15 wins, 0 losses

Q3/Q4 Summation

• Total - Gross: $1,817,676.47; Realized: $1,794,195.69; Fees: $23,480.78 (from 49 trades: 34 long, 15 short) - 47 wins, 2 losses

Spoiler

 

[Koichos]

Have yet to take any profit this year but am sitting comfortably in an ethereum short from $2,800.

Spoiler

 

[Blackrogue]

Can I get a reading list/ watch list like you did above? I'm not in this field but I have interest and feel like I'm not restricted by my intelligence, and will be able to grasp It with effort, time and proper direction on where to look.

At bare minimum want to exercise my mind with concepts I'm unfamiliar with.