Not without a posted short entry you don't. Baron's Crypto Trading Journal Unlike the vast majority of YouTubers and other social media influencers, I'm not going to take a position and then tell you guys what I did after the fact. I have no interest in front-running or doing anything that would be considered manipulative. Instead, I will tell you what I'm going to do in advance of me actually doing it. That advanced notice could be days, hours, or minutes but rest assured that I'm going to tell you what I'm going to do before I actually do it, even if that means that you get a better fill than me. And all that will be verifiable from the timestamps on my posts.
While we agree that smart money moves markets, we are in disagreement about TL's, RSI or MACD are anything that they would use. Not to say these tools do not work, they by their very nature are lagging indicators and require context to extract any sort of consistency. Smart money has more focus on liquidity, premiums and discounts in relation to fair value.
YAWN! TLs, MACD, RSI: why would I care if you or anyone else approves. Smart Money using Macd, TLs, RSI? Who gives a f**k? That I need your agreement whether these tools work or not? Dream on! I don't give a rat's ass if anybody uses them or not.
When you get a chance, Pick your favorite winner chart and one that lost from today and post screenshots over at "POST Some CHART Images Right Here, Baby". https://www.elitetrader.com/et/thre...t-right-here-baby.343012/page-25#post-5666907
Hedge funds as a term is used very loosely. Timothy Sykes once, ran a hedge fund with $10 million and he managed to lose most of those monies which was his friend's. I only refer to the hedge funds run by Paul Tudor Jones, Ed Seykota where they pick and choose who will be their clients.
Check out the 1 yr performance of some of the gurus. Stockcircle - Analyse Portfolios of Investment Gurus