OldRichTrader

SAFETY RULES for my copy traders:

1. Use part of your capital for subscription (I recommend 10-15%).

2. In the copy trading settings, specify "FIXED COEFFICIENT", do NOT TOUCH the advanced settings. Pay special attention to this point, as by default the "fixed amount" tab may be active (see photo).

3. It is FORBIDDEN to open or close trades independently. Otherwise, my account will be in profit, while the copy trader will incur a loss.

4. Floating drawdown can be 50% or more, but you do NOT NEED to set a stop-loss independently (10-20-30%, etc.) (see photo). Invest the amount you are ready to trust 100%.

5. When you subscribe to me, you will immediately see those trades that are in the red (the system will consider that you will have better entry points), profitable positions are not copied. Accordingly, entering during drawdowns can even be advantageous.

6. The chat address for my copy traders is ЗДЕСЬ

PS. If you were liquidated on my account, and my profitability increased or decreased - it means you did something wrong. Read the instructions again. Ideally, try copying with a small amount.

Let's summarize the results of my experiment related to #Copytrading

I created a portfolio for all ИНСТРУКЦИЮ, indicating that RISK is present, so investments should not exceed 10% of the capital.

Trading was conducted with aggressive MM, profits reached 180%, then there was an 85% drawdown and a successful exit from it, followed by a profit of 120%, but it all ended with a 100% loss. However, since I regularly withdrew part of the profit, over a month and a half, I earned +1000 USD.

About 60 users randomly connected to the copying, some of whom closed my trades independently or disconnected from copying during drawdowns, so I did not earn anything on investments.

Some copy traders allowed themselves emotional posts towards me, calling me a gambler, or swearing as if I promised them something. If you followed the instructions, in the worst case, you lost 10% of the risky capital, and in the best case, by regularly withdrawing profits, you could earn. But I've made my conclusions.

Every dissatisfied person can now easily recover the 10% drawdown. And I apologize to the normal subscribers who simply misunderstood something and exited with losses.

Information for my copy traders.

1. We successfully recovered from a deep drawdown that reached 85%.

2. Possible losses are part of the game: you can't always be right and predict price movements. I wasn't drinking, as some suggested, and I wasn't tilted - I simply "disconnected" from understanding the market; that happens.

3. Therefore, I say that you should only invest a portion of your capital in #Copytrading , so there won't be emotional outbursts towards the manager.

4. I am not looking for friends among subscribers and investors - so let's leave phrases like "I believe in you" or "you let me down". Just business.

5. I can make mistakes. So if you made a good profit - don't hesitate to take your earnings into real life and invest in other managers. Be sure to direct part of the profit to charity.

6. A couple of subscribers close my trades, thinking they know better than I do what needs to be done. In this case, it's not worth investing at all - take your money and work independently. Then share your success story.

7. Thank you to everyone who endured the drawdown. I will try not to scare you like this again.

Ps. Read ИНСТРУКЦИЮ before investing.

Charts... Technical analysis... Many naively believe that historical data can predict price behavior...

They build channels, count waves, use Bollinger bands, Fibonacci numbers, rely on Gann's theory... or simply draw all sorts of nonsense in Photoshop.

But it must be taken into account that the dynamics of prices are influenced by numerous factors that can change at any moment: declaration of war between nuclear powers, lifting of international sanctions, legalization or banning of certain assets, terrorist acts, the death of politicians, hacking of exchanges or accusations of fraud against their owners, including account freezes, etc.

All forecasts are rendered useless at that moment. Therefore, it is important to maintain flexibility in decision-making and not to rely on schemes and blueprints. One must always keep their ear to the ground.

Difficult? Of course!

It's much easier to create a ready-made scheme and relax, waiting for it to materialize. Sometimes it even works. But not more often than a coin toss: 50/50.

So don't relax when opening a deal. Everything can change in any second.

ps Don't invest in #Copytrading until you read ИНСТРУКЦИЮ!

I am publishing the chat address for my copy traders, as people often ask in the comments how to find it. There I post information for my subscribers and also answer questions.

Direct link: чат для копитрейдеров

ps Do not invest in #Copytrading until you read ИНСТРУКЦИЮ!

Important information for my copy traders.

Due to geopolitical events, I may make decisions that are necessary to preserve capital. It has now become known that with the mediation of the USA, India and Pakistan have ceased armed conflict (update: actually, no - shelling continues, and at any moment, a nuclear war may begin). This will affect the price dynamics of many assets: gold, stocks, and cryptocurrencies.

I try to explain my position to copy traders in our chat (which is available on the copy trading page and can be found by the name OldRichTrader), but in the conditions of rapidly changing news, I do not have the opportunity to do this constantly. Therefore, I kindly ask you to take this into account.

Thank you for your understanding.

ps. Do not subscribe to #Copytrading until you read ИНСТРУКЦИЮ!.

Information for my copy traders.

I have CLOSED all buy positions. I do not want a repeat of the situation where the market falls and we cling to hopes of recovery.

Moreover, I have opened short sales on a number of cryptocurrencies. If this does not suit you - disconnect from copying.

ps Do not subscribe to #Copytrading until you read ИНСТРУКЦИЮ!

Happy Victory Day! Peaceful skies above.

TOP-10 of my copy traders by % return after coming out of an unpleasant drawdown that was observed last week. I remind you, I took a bullish position and bought a couple of dozen coins. It was unpleasant to see how all of them went into the negative.

Nevertheless, we managed, and the return of the top ten investors ranges from 50% to 300%.

However, some copy traders ended up with losses. The reasons are as follows:

1. They did not read ИНСТРУКЦИЮ and used their own copy settings. As a result, 100% capital loss.

2. They independently closed my trades, which later went into profit and I secured the profit.

3. They simply disconnected from copying at the most unfavorable moment.

I remind you:
-You should initially invest a part of your risk capital (for example, 5-10-15%) and not panic during drawdowns.
-If someone thinks they can close my trades independently, then let them open them independently as well, but on their own account.
-I trade quite aggressively and my drawdown exceeded 50%, while the number of open positions reaches 15-25, so anyone who uses a fixed amount has a 100% chance of losing their 10 bucks.

My latest forecast for #BTC was positive and allowed for the update of highs in the near future.

But now the picture is changing. Apparently, Trump has begun to realize that he is not omnipotent, so his rhetoric has changed; he has become more cautious in his statements.

In addition, the market lacks free liquidity; it is already thinly spread, and the printing press has slowed down.

In these conditions, it becomes more difficult to make a profit. Simple solutions like "buy and hold" no longer work. The risk of falling into a prolonged drawdown has increased. Moreover, this applies to both sellers and buyers.

We are used to it; we will try to adapt to the new realities.

There is a theory that people who are set up for failure will fail even where it seems impossible.

For example, someone bought 2 coins expecting growth. One coin rises, the other falls. Our hero closes the profitable trade with minimal profit and clings to the losing trade, buying more and more on the dip, until their losses reach 80-90%.

The same applies to #Copytrading

Someone subscribed to profitable signals, allocating 10% of their capital to the manager's account (correct money management!) and earned 200% in two weeks. Yet someone outsmarted themselves and lost funds on the same account.

And there is nothing to be done about it; everyone got what they deserve.

Please DO NOT SUBSCRIBE to my account if you belong to the second category of citizens. Thank you for your attention.

The Movement Labs team is investigating the circumstances of the deal with the market maker that led to the dump of 66 million tokens #Move and the decline in the asset's price shortly after its listing.

According to employee correspondence, the Movement Foundation transferred 66 million MOVE tokens (5% of the issuance) to Rentech — a broker without a public reputation.

The contract allowed the firm to sell tokens upon reaching a market capitalization of $5 billion. This created an incentive for price manipulation followed by a sell-off, experts from CoinDesk reported.

On December 9, a day after the MOVE listing on exchanges, wallets associated with Rentech and the market maker Web3Port withdrew $38 million, triggering a 47% price drop.

#Binance blocked the market maker's account for "violations," and Movement announced a buyback of tokens to stabilize the market.

To the "lucky ones" who shorted #ALPACA, I suggest another coin for opening short positions #DODOXUSDT 👍

Can anything go wrong? Easy money! 😂

Information for my copy traders!

Yesterday, during the drawdown, several accounts disconnected from copying, although today the balance has recovered and I hope that soon the profit curve will update its maximum.

There are two reasons for the losses:

1. The investor HIMSELF sets a high risk. For example, he invests $100 but specifies a subscription mode for a fixed amount of $1000, so trades are opened with a risk of x10, and with only a 10% drawdown, the account is wiped out. Nonsense.

2. The investor connects a fixed ratio, everything is OK, but specifies a stop-loss of 20-30%, etc. During the drawdown, trades are closed at a loss and the account gets disconnected from copying. The manager's trades recover from the drawdown, but the investor has already locked in a loss.

I wouldn’t write this post if it weren't for one BUT: I also don’t earn when you lose money. Such investors and such an approach are UNPROFITABLE for me.

So do everything correctly, not as you see fit.

PS: if you have $1000 and do not want to risk more than 25% of the amount - invest only $250, connecting the usual fixed ratio. THAT'S IT! No dancing with tambourines or shamanic rituals!

And do not risk what you cannot afford to lose. But that is already clear.

Currently, not all deals have turned profitable, so the results fluctuate, and the last week has been flat with a decline in a number of instruments.

Nevertheless, I view this positively; there is a prospect of closing ALL positions with a profit.

When you hold in your portfolio trusted, old, and reputable investor coins #BTC #xrp #ETH , and they are falling or behaving like rats, you start to rethink the approach itself.

A multitude of other coins created as a joke are skyrocketing, while the crowd of gamblers is riding the rollercoaster of shitcoins. Why not? After all, the goal of these games is to take the money from those who made mistakes and to be right about whether the coin will rise or fall.

So I am starting to change my approach to copy trading, and time will tell if I am right in my decision.

Information for my copy traders.

I will now be closing positions that will be profitable. I want to reduce the volume of positions and take a pause until I figure out the main outsiders that are stuck in the negative area: this is #bel #Melania and #memefi

I will save #BTC and a few more positions.

I remind you that not everyone can subscribe due to legal restrictions. But if you have the opportunity and desire - use a fixed coefficient and only invest part of your risk capital in #Copytrading . Please ask questions in the chat, you can find it on the account page.

Thank you to all 30 investors for your trust. Let's keep working.

How much can be earned from articles and from receiving rewards from readers (after you gain 1000 subscribers, a "send tips" button will appear under the post) - my statistics for 2 months.

I recently wrote that even citizens of Bangladesh shouldn't bother with this, and especially shouldn't believe those who entice authors with sweet promises.

Here you should only invest your capital, for someone it may suit #Copytrading , but in any case, you will have to take the risk for your or someone else's capital.

There is no free lunch here and none is expected.

ps. As you can see, several readers sent tips, so taking this opportunity, I sincerely say THANK YOU to all of them. Your funds go to charity in the nearest foundations to me (treatment for children, help for animals, etc.)

#ALPACA beauties, liquidated the short sellers. Good thing I didn't get into it after the closure of прибыльной сделки. I had a feeling something would happen.

So, are we waiting for the maximum updates? #BTC