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All moments › He Figured Out What 99% of Traders Never Do | Ft. Loma

Best trades start contrarian and exit when idea becomes consensus; timing sentiment shifts matters.

From He Figured Out What 99% of Traders Never Do | Ft. Loma · jumps to 1:35:13 · speech

▶ Open at 1:35:13 on YouTube
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And there's this idea of the best trades are the ones where you start as the contrarian and then you exit as the idea becomes consensus, right? Because it's very easy to go on Twitter and be like, well, everyone's bullish. Everyone's bearish. That's what everyone loves to say when they're talking about being a contrarian, right? Like everyone hates Bitcoin. It's like, well, there's going to be a period of time in the not too distant future where everyone appears to be bullish and price will still go up and go higher and higher and higher. And then there will be a point and there will be a point in time where everyone appears to be bearish and price will continue to go lower.
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