Ploutos

Finding an edge takes time- DON'T GIVE UP

This industry will beat you to a pulp but damn it just don’t give up.

note to self- okkkkkkk enough dude, sometimes you gotta self reflect & think "how bad do you REALLY want it?" Saying you want to be better but actually putting in effort and actions towards being better are 2 totally different things. I will be great. Happy Mother's Day.

Alright, been locked tf in. Gather data, gather data, gather data. Locked & learning.

All my speculative opinion. HTF perspective. I think here we’ve reached & even poked above a crucial level in the crypto markets. For BTC; 75,988 For SOL; 86.99 These levels are currently showing rejection which is acting as a liquidity sweep- thus, could ultimately send us lower. However, if we can continue having strong buy pressure above these levels I can see us prompting a nice bullish push. That’s really all there is to say (boring but true) about where we are currently. Again, since this HTF analysis, we stay patient and we watch what the market gives us.

NFA!!! I feel like old school investing in the stock market (individual stocks) is a lost art form. I mean doing in depth research on companies & finding high yielding dividend paying stocks. This is just another way to diversify your portfolio by adding another weapon to your arsenal. Your $ should be working for you. If you’re investing into a dividend paying company in say, a margin account, you’re paying interest on the position you’re holding. BUT as long as the dividend is paying you more than you’re paying in interest on the position, you’re net positive. Even if the stock you choose goes down in value, your dividends are more than likely to cover the loss. Reasoning? These companies that are paying out dividends (for the most part) are reliable & have share prices that aren’t going to plummet over night. Example; 100 shares @$100 per share = a $10,000 investment. Say the price of the stock drops $5 to $95 per share, that’s a $5 loss per share = -$500. However, what if the company is paying a $6 dividend per share (💡). This means that I’m getting $600 from the dividend. Resulting in a $100 profit while the share price dropped $5. Just food for thought on where to be putting your $🫶🏼

HTF "trading" is boring and I more consider it to be "investing", rather than trading. Imagine waiting for a weekly candle to close for the entry and having to wait for the monthly candle to hit your TP1, lol. (No shade to swing traders) Having said this, (IMO!!!) it's much easier to "day trade" the equity market (futures) than it is to day trade the crypto market. That's why when I talk about the crypto market, I look at it more as an investment opportunity rather than for trading opportunities. I give my flowers to people day trading the crypto market, being a 24hr market, it is much harder to predict the manipulation happening & to get on the right side of the manipulation. Whereas in the futures market, you can dial in your focus to the different session opens (particularly; London and NY AM open.) During these times there is large influx of volume and liquidity being pulsed into the market. Since there is this large influx, you can attempt to predict where price is likely to manipulate, & where price likely wants to go after the manipulation. I've been forward testing trading the manipulation at NY open on ES and NQ using what I know about price action. Might start posting updates on this?

Been super unlocked on crypto for the past 3(ish) weeks. Been busy working on other endeavours in the trading space unrelated to crypto(s). I haven't touched any *investment* positions (crypto) but here's my outlook on the market (mainly referring to SOL and BTC); *THIS IS ALL PURELY MY PERSONAL SPECULATIVE LONGTERM OPINION* We're heavily consolidating on the HTF, AKA, the market isn't showing it's hand. The way I look at major cryptos is for investment opportunities, not day trades, not scalps, therefore when the market isn't predictable, I stay out of it. Take a look at the daily since the beginning of FEB, lol. For SOL, I see the last major liquidation level as the wick we sent down to 67.69 unless we want to go much lower. (We could also revisit that scam wick and take out the stop losses resting below it.) For BTC, I feel as though we are a bit in no man's land, we didn't get a strong reaction off the liquidation area of 74,456 and are consolidating as well obviously (HTF), the difference with BTC is we have areas we could realistically draw to lower. Time will tell. Thanks for reading my TED talk.

PSA: (not really because I have less than 50 followers, lol) Treating this as my journal. I am shifting my focus in a sense. I have removed my bias & all trades off of SOL (btw I was spot on about all my targets I wanted hit for shorts) and I am now focusing on BTC price action since it's the "leader" of crypto anyway. I am also no longer looking and/or entertaining any short ideas since I am looking for investment opportunities for the long term.

SOL update (NFA: my personal opinion); My price target for shorts of 78.93 has been achieved. To me this is another level where institutional players can look to fill their buy orders- once again just a speculative level based on my personal opinion. All of my price targets are speculative to where I think large amounts of orders are stacked in the market where we could get a reaction off of. Whether this be stop losses from long positions, or whether it be people attempting to continue selling the red. The levels where I believe large orders are stacked are areas where the large players can take advantage & fill their positions. (ECON 101- every buy order needs a sell order). Nothing bullish is confirmed until it is shown in the order flow. Until proven wrong I will continue being bearish. We have been flash crashing as everyone knows, therefore I will continue targeting lows since I have no reason to be looking for any type of long yet. My next low target price is 63.73.

My target of 95.33 has been hit. I do believe we will continue bearish momentum lower & take out my next price target of 93.07. Price may not take out the 93.07 price I have targeted and we could possible reverse & start forming bullish order flow off the 95.33 low alone, however, I think we’re close enough to the 93.07 price point that we will take it out. At these prices I believe there are large liquidity pools. This means; we once again have the opportunity to fill large amounts of buy orders since- large amounts of sell orders are being filled (panic selling the red) & large amounts of stop losses were hit (from longs being placed during this sell off these past few weeks). This gives big players the opportunity to fill their large orders (I use the word "opportunity" a lot because everything is pure speculation & nothing is certain). Just because we’ve came below these lows & buy orders may be filled does not mean long the market now, lol. We need to monitor price action here to see if we can start forming bullish order flow. If we continue falling lower & keep printing bearish order flow, my next target is 78.93 (yikes😬).

NFA: I’m literally a nobody in this space with less than 50 followers. This is purely my speculative opinion on the SOL market as of right now from my own personal technical analysis perspective. We have now taken out a the next low I had targeted at 119.25, I will be monitoring price action here. This is the level where the majority of stop losses (presumably) were placed when long positions were filled above 146.93. Now that we have came below this level, those long positions have been liquidated. People (retail traders) are panic selling the red below this level of 119.25, this means that large quantities of buy positions have the OPPORTUNITY to be filled. This is not a guarantee & I will be monitoring price action to see if these orders start to get filled. If we can start filling buy orders we have a chance to target the high previously made of 148.31. If the market makers (hedge funds & institutional buyers etc…) don’t accept buy orders here & want their long positions filled lower, we will continue seeing bearish price action & my next target is 95.33.

So… we didn’t need to close below the 128.70 weekly level before we reached the 119.25 level that I had anticipated if we continued bearish price action.

NFA: I'm literally a nobody in this space with less than 30 followers. This is purely my speculative opinion on the SOL market as of right now from my own personal technical analysis perspective. Above the high of 146.93 we liquidated many short positions. Above this level is also an area where many long positions were entered, thus creating an area for many high level players (institutions and hedge funds etc...) to fill short orders opposing those long position orders. As we are seeing with bearish order-flow currently in the market. Possible scenarios; If we close below 128.70 on the weekly, unfortunately I see us falling even lower, down towards 119.25. If we can hold the 128.70 level on the weekly and we can start seeing bullish order-flow form, then we can start targeting higher. Yes I know it sounds stupid "we can go up or we can go down" but this is how the market moves and you should always be prepared for a move in either direction. As of right now, I am sitting on my hands and observing price action.

You can be right in the market. You can be wrong in the market. When you're right; make sure you get paid. When you're wrong; make sure you're risked accordingly. Each scenario is equally as important.

Find the right group of people that are serious about their bread and lock in. It's that simple, how badly do you want it?

You can't be emotional in this space, the markets owe you nothing. When you take a loss or have a losing day (which you will, everybody does), charge it to the game & come back tomorrow.

TBH, just keep clicking, all '26. You're either good, you get good, or you give up.