Trading reflections for September
Primarily I am a perps trader. Overall for me it was a choppy first half of the month when most of crypto went sideways.
My biggest mistake was trying to short the 'fed looks to do multiple rate hikes in 2026' news on FOMC day which I took a 5 fig loss on (I thought the market would tank like in 2022). After taking the l on the shorts I took this as a lesson and flipped my bias to bullish after in the following days.
My biggest perp win for the month was a multi day Zama trade that I took as a ZEC beta play. It still looks strong to me and I've scalped it intraday multiple times the past few weeks.
Going forward for Q4 I think its a good idea to keep an eye on altcoins with strong narratives and catalysts. AI, tokenisation, privacy and stock memecoins seem to be the strongest sectors at the moment.
If the broader market didn't dump on clarity act failure, rate hike and war fud I don't think there's much that will get in the way of this altcoin momentum. That said there's not enough liquidity to pump everything so you're better off concentrating your bets into the ones you have highest conviction on.
I am bullish on Q4 and think we have some great rallies ahead of us.
#BinanceWillListHyperliquid(HYPE) #FedProposesRulesForBankIssuedStablecoins