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Spill The Alpha #14 @canetorin Is Back!
Recorded: July 17, 2025 Duration: 1:38:09Space Recording
Short Summary
In a recent discussion, crypto enthusiasts Kane and his co-host explored the evolving landscape of cryptocurrency trading, emphasizing the importance of strategic partnerships, innovative fundraising efforts, and adapting to market trends. They highlighted the significance of aligning personal trading strategies with broader market dynamics to achieve sustainable growth.
Full Transcription
Thank you. hey hey man
mic check yeah i can hear you loud and clear
Mic check.
Yeah, I can hear you.
Loud and clear.
Hello, baby.
How's it going?
It's going good, man.
What's up with you?
All good.
All good.
Had a pretty boring day.
But, you know,
time to complain.
Yeah. Fair enough. yeah fair enough I didn't have any setups today nothing so I'm just like sitting rotting away
there's like 30,000 coins today or nowadays no setup like you know you know me we talked about it today i'm watching like two
true and it's like it's like you know i i see like i check all those altcoins like i'll usually add to my watch list like the top 20 uh traded coins like top 20 volumes and stuff and i'll just look at them
and sometimes i'll see a setup and i'll ah should i take it and i'll probably lose money
Should I take it?
I'll probably lose money.
By the time they're on the top 20,
half of them are straight vertical.
It's like, okay.
Do I want to play Momentum?
Yeah, no.
That's not for me.
I'll leave it to the more
autistic people.
To the less sober people. To the less sober people.
Yeah.
What's up with you?
You traded today?
Took anything?
Yeah.
Sorry, can you hear me?
Yeah, I can hear you.
Alright, you took the Doge trade, right?
Yeah, hold on.
Give me one second.
Someone gave me a phone call and it knocked me out
of my AirPods. What the hell?
Mic check?
Yeah, I can hear you.
Okay, that was weird.
Yeah, if you get a phone call, it might take over everything.
Jesus, I wish there was a way I could disable the phone app then.
Somebody.
Do you have an iPhone?
No, it's an Android.
All right, you can put it on do not disturb or something like that.
It should block incoming
calls let's see if we can do that
cause yeah someone
someone
who had this number before
signs me
them up for literally everything
and I probably get like
no bullshit
20 spam calls a day
that's great yeah it is it's nuts it's kind of crazy how they recycle phone numbers like i remember i
someone sent me a picture of my old phone number on like whatsapp or something like that and it
has like this picture of an old lady and
he's like dude is this is this you clearly not what the fuck i get texts hey yvonne here's the
mortgage information for the house you looked at hey Hey, Juan, here is the credit card applicant.
I'm like, oh, my God.
This bitch is using this phone number that they used to have for every spam site imaginable, and I get all the phone calls.
Beautiful.
But, yeah, for those, I just – oh, never mind. Beautiful. But yeah, for Doge, I just...
Oh, never mind.
Sorry.
No, no, exactly.
For the Doge, I just...
I'm a boomer.
I check the things that I've always traded well.
Doge, Ripple.
Yeah.
Totally miss Ripple.
But I look up at Doge, and I'm like, oh, I don't know why I feel like I should buy this.
But I should. It was like a four-hour daily. So I know it's feel like I should buy this. But I should.
It was like a four on a daily.
So I know it's not like a day trend.
I know I have to not be a re-re and stare at this all day.
But I just looked at it and I was like, I've gotten this feeling before.
So I'm just going to buy it.
Yeah.
Well, you've got to hold yourself accountable, man.
I mean, it's like that meme that Average Reply guy posted a couple of days ago,
or like yesterday, where he was like,
it's time for me to take a multi-week trade and then stare at the chart,
the one-minute time frame.
Oh, I am so guilty.
Yeah, I know.
I do the same.
I mean, I'm pretty good at just holding my hands at their place, you know,
and not clicking anything while I watch those charts,
but I still, like, I'll stay on the one-hour chart
or, like, 30 minutes or something like that.
Yeah.
Yeah, that's a classic.
That's a classic.
I think we can just jump right into it.
I want to do a quick intro.
To all of our listeners,
welcome to the second season of Spilly Alpha.
Hope you guys will enjoy this episode.
We've had Kane last week,
or two weeks ago actually,
as he was just hopping on, just chatting for a little bit.
Kane is a fantastic and a long time now friend of mine.
We've known each other for like four years now, which is crazy.
And yeah, if you don't follow Kane, you should.
Kane is a little bit less known figure on CT nowadays, but he's one of the OGs. He's like out here for like what,
10 years now, right? Oh yeah, nine. Back from the, yeah, nine, 10 years. Back from the
Trollbox days on BitMEX. And if you want to see, if you want to follow someone who still posts
charts, trade ideas, markets commentary and stuff like that, you should definitely give Kane a follow.
I think he's a super underrated account on CT.
One of the really most clear people on CT.
Like posting charts with actual thoughts and explanations of what he sees and how he sees it.
So yeah, make sure to give him a follow.
And yeah, Cain, thanks for coming again, mate.
Thanks for having me.
After that, I better not act retarded.
Yeah.
No, you better act retarded.
But yeah, I just wanted to remind before we start,
I want to remind to all of our listeners that at the bottom right corner,
you have a chat box icon. At any single
moment you can click on it and just leave any
questions you have to Kane and
we're going to touch them around
the end of the episode.
So you can ask anything you want
if anything comes up
to your mind. Just leave the question
there and we'll touch it
towards the end. And
last thing, huge thanks to kuma for hosting
these spaces for making them happen now live you can trade it up to 50x leverage and we are giving
out around 17 000 in rewards every single week those rewards are distributed every single day
no need to wait no points programs where you don't know what you're getting in return to your volume you can just log in open your wallet deposit start trading and uh get a get a
grab grab a piece of that 17 000 um so yeah huge thanks to kuma and if you don't have an account in
kuma you can click on my bio and there's a link there um you can open an account it will give you 25 off of fees i don't even make any money on that referral link but it's all for you guys um
so yeah kane back to you um i wanted to ask something i was like when i was making the list
of all the topics i want to touch i was like thinking of you know things that might be
interesting to me as well and not just for to our listeners and uh I want to know a little bit more about your background
like how did you actually get into crypto because I don't think we've ever spoken about that
so how I got into crypto is actually um through CS go um Just back in 2016.
And I had a friend that played CSGO
and I watched
the Majors
and everything like that and I saw
the guns and stickers
and everything and I realized
there's a market for this stuff.
And there were people that were on,
on steam that had, you know,
inventories worth 50 70,
a hundred, $200,000.
And that there were people that were trading these things around.
And I was like, that seems really cool really cool like and then to get into that
i started with buying a few keys for the cases and the keys had basically had like a static
stable market price or usually just like a secondary market currency
and then i realized on one of the i forget forget what the website, it wasn't easy skins.
It was a website where it was a third party website where you could sell items on that marketplace.
And I, uh, I talked to a friend and we put about $5,000 into it.
And I ended up figuring out a discrepancy.
It was kind of like an arbitrage thing.
There was a certain flaw, I guess, in that website's,
I have no idea, algorithm or what.
But some of the keys would always sell for max price.
Like if the average price over a day was
like 225 and the max price was 250 i would sometimes get whole entire batches of keys
selling for the 250 when there were at there were like keys at 225 at top of book so i was
somehow i have no i have no real reason and understanding of how,
but I did that for a long time. There was a bot on the Steam marketplace that sold keys,
but you had to transact with it in Bitcoin. So that's actually how I got into crypto is I had
to buy Bitcoin to buy these keys and then did that for a few months.
And then I started just following people on CT.
And I saw this was like, yeah, late 2016.
And I saw random people just posting charts and things going up and then making money and being the asshole that I am,
I read through a lot of tweets and I'm like, this person seems kind of dumb.
And if they can make a lot of money trading, I can fucking make money trading. So that's,
that's how I got into it. I, uh, I was extremely judgmental of other people that I,
it i uh i was extremely judgmental of other people that i that i saw making money after having uh
trade csgo skins and had to to purchase bitcoin to do it yeah that was beautiful it seems like
i mean the degenerate was within you all this time it's nothing new oh absolutely absolutely that's beautiful and uh i guess then
you saw those like tweets of those dumb people and you're like okay i'm i'm gonna check out this
bitmex thing yeah oh god uh yeah i i was dumb also very much so at the beginning uh i had no idea the difference between
buying something spot and trading derivatives i had no idea and i've i tweeted about it before
i shit you not i had no clue after like a few months into my bitmex account what the leverage
after like a few months into my BitMEX account,
what the leverage slider did.
Like my first couple of trades was just like,
oh, I can buy that much?
Cool.
Not realizing it was on a hundred X by default.
And I just, I was like, oh, okay.
I lost that $200.
That's just, that's just how it is.
Oh, my, my liquidation is there?
Okay, so I always need to make sure that when I take a trade on this place,
I believe that I'm going to be right before that liquidation got hit.
So I was kind of like ignorantly exposed to having like very tight stops or very strong conviction on something
i had no concept for the first like two months yeah like you had no idea why but you just knew
you need to have very tight stops and i i had no idea i could decrease the leverage or just
yeah trade less and it would like the liquidation would be farther away it was just like oh this is how it is yeah that's beautiful i mean it's kind of funny because like my my first trade with like leverage
was pretty late i i never really traded on bitmex like i had a bitmex account i was like just like
gambling there sometimes with like pennies you know and? And then in 2020, when I was already, I finished,
I had a lot of free time.
So I started like, I just saw that like Binance had futures
and I was like, oh, that's cool.
I'm going to give it a shot.
And this was like the day that they launched Sushi Perp.
This was like the day that they launched Sushi Perp. This was like the first time I traded.
And it was like up to, I think it was up to like 25X or 100X by default as well.
I can't even remember.
I think it was 25X by default or something like that.
And I just went full in.
I put like 10 grand into my futures
account and i was like okay let's go like i'm gonna i'm gonna take this trade and then i took a lift
and by the time i was down i just got liquidated i have no idea like i i don't remember what
happened i just remember that within five minutes my equity went from like 10 grand to zero
happened i just remember that within five minutes my equity went from like 10 grand to zero
and then i was like okay i need to learn like what what the fuck just happened
yeah my my first real like i i'd been teaching myself watching studying, trading stuff. First reel that wasn't fucking around trade on BitMEX,
I had the exact opposite. I remember to this day, it was a few days after, it was in the
middle of April, I longed 1169, and then we never closed a daily candle below that entry ever i and i was i was a noob and i
just read everything and i i held that trade for like three or four weeks uh made like five bitcoin
on one and then liquidated the account in about 15 minutes because i fat fingered i closed and
then i fat fingered to get back in um right as we were having like a 10 20 correction day
yeah so i yeah it was it was like i won the first like real i was like oh this is great i made a shit ton of money i'm a genius
yeah i'm like so and then this is yeah literally in 15 minutes fat fingered re-entered out of top
liquidated the entire thing and i was like oh that that was when the degeneracy really started
because it was like well i just i just screwed up i just i didn't do anything wrong. I just pressed an extra zero.
I got this.
It's kind of crazy how...
This is...
I think it was in one of the comms
that we posted on the Kuma account
talking about big swing days
and stuff like that.
It's something that you don't see anymore
like nowadays a 10 intraday move is like insane like obviously bitcoin is much bigger right so
it's one of the main main factors but i i'm not around as long as you and i still remember like
a 30 25 intraday days and you know yeah they were pretty wild and everyone was
like going crazy and euphoric and whatever but it was kind of normal it was like it was expected to
happen at some point you know it was and nowadays i think nowadays i'm certain that like if we have
a 25 intraday move it's like oblivion.
It's going to wipe out 99% of the participants or some shit like that.
And then we're going to go sideways in a 1% range for a month after that.
Yeah.
Yes.
So yeah, it's pretty crazy the difference.
And we'll talk about it later on.
I did prepare a question about like how
the space changed and everything from your perspective but I'm interested like
from the moment you okay so you said you took that trade you made a couple of
Bitcoin you lost it all later on and then you kept on trading and you know
trying to develop how long did it take for you to feel like you're starting to
get the hang of things starting starting to turn a profit?
And was there like a moment where you told yourself, OK, I can just do this for a living?
It took about two years.
I would say I actually felt better or most complete in about,
it was like winter of 2018.
Like the, the up only of 16 and 17 kind of,
it taught me some and I was still learning. At the time, I had a roommate and a business partner that we were doing real estate stuff with, and he had a really good job. So,
I was able to do the real estate and the Airbnb that we had had and i was going to spend a lot of time um
just learning how to trade so after i would say about you know two two years to feel comfortable
and when it things really started to click was that was after that two years but i mean i've
was that was after that two years but i mean i've i was doing like business stuff quote unquote
when i was like 14 15 16 as has been noted uh i'm the homeschool champion i was homeschooled i got
done high school in like three years but each day i was done like four hours and I would go mow lawns,
shovel snow. Um, so like I decided early on that I was going to do this. It wasn't
after some type of success that I decided like I can do this. I decided from the get-go um if i can get this right
it's and be disciplined it is a blank check so it behooves it behooves me
to fully commit from from the get-go um so i kind of had it inverse
yeah i guess what you're saying and you know the the number it's something that i repeat almost every episode because it seems like the the two-year answer is a very uniform thing it feels
like almost all traders around city that are still doing it and are actively trading um i feel like
they all give the same answer of this years, which kind of makes sense.
I think it's enough time to start getting things and understanding a little bit more about what you're doing and what you should not be doing and stuff like that, right?
Yeah, I agree with that.
I mean, I'd say a full year of you don't know what the hell you're doing and you're learning to read price action.
And then if you're trading every day, which being new, I don't know if anybody doesn't
trade every single day when they're new, especially in crypto, you're going to get enough just
real world experience to go through in another six months understanding and building
some type of discretion and applying the information that you've learned like it's
just simple you know support and resistance you know taking an old high taking an old low
i mean you can have an extremely simple strategy It takes some time to learn it and then time for trial and error.
And then after that trial and error, you know, the discretion to implement those things.
And I'd say, yeah, it's about two, two and a half years.
It's interesting that it is, you know, how uniform it is.
Yeah, I feel like it's between a year and a half and two and a half years. It's interesting how uniform it is. Yeah, I feel like it's between a year and a half
and two and a half years, something like that.
And again, it's mostly those people that, like you said,
they click very often, they collect that data,
they journal everything, they make sure to learn from it.
And like you said, it's probably a year
of just losing
constantly and just trying to
learn from it and then you become
a break even trader and then the second
year is more like okay how do I
start actually making money
right yep
yeah
the way I've thought about that is the
the first year or two is a ton of addition you are you have a an ignorance that you need to learn
it's just like any job you have to learn learn learn learn learn do do do do do and then
there's a there's a peak in that and then after that so much is subtraction you're subtracting
mistakes you're subtracting you know is this a great good opportunity or a great one like there's there's a shift and
yeah that that's kind of how i see that it's a lot of addition at first to learn everything and
then a lot of subtraction afterwards to to just eliminate mistakes and be more selective
yeah 100 i feel like there's definitely a point where i even remember how i just started
focusing at a certain point i realized okay i'm having a few issues there's a few things that
are setting me back and like preventing me from you know continuously growing my account and stuff
like that and i just started focusing okay screwed how can i improve my edge um i want to focus on like
like you said like subtracting like what am i doing bad that i can just stop doing forever
um and i feel like very often it's it's more important than like how can i improve
my profits you know what i mean i
you know what i mean i yeah if we go through my my entire
journey story like yeah i i wholeheartedly agree with that
wholeheartedly agree with well we will so let's get into it then i mean what do you feel were
the most significant mistakes or just general challenges that you've had in your, I mean,
it doesn't have to be your early days of trading, but like just overall in your career as a trader?
Waiting.
Just patience?
Waiting, yeah.
So, yeah, I still post charts.
So, yeah, I still post charts.
I would talk for hours and hours and hours about price action, if you let me.
And because I put tons and tons of hours into this, like I said, I'd set up a life situation
where I could devote literally every waking second to this to learn it for a long time.
And what I've found is that just, I think price action is a lot like music.
It's a language.
You can learn to read it.
it and that whole process of differentiating between what is average or good or great like
you can put me in front of a one minute chart on anything and i i will see a trade
in in an hour or so now is it good to take? Maybe, maybe not.
But I'm saying like that,
that's been the biggest hurdle for me
is if I, you sit me down in front of the chart,
my brain is going to go,
okay, it should go from here to here next.
And my brain is like, well,
if we believe that, we want to bet on that.
And that's been the biggest thing, is with more and more skill, it did not equate to a larger balance.
If anything, it produced a vicious, vicious cycle of boom and bust for years because I would not wait for the right thing.
That would be a big mistake.
I was not wise enough to discern between
when I should and should not trade.
It's maybe this area like I can read this.
I can see it. I know. I know what it's doing.
And then. When I would chop so many times, I would chop myself up in a small range before a large move.
So many times I would chop myself up in a small range before a large move.
That that's been a huge mistake that I've made.
That I had to finally learn this past, I'd say, year.
The other one was there's a period of time where I had a reasonable balance.
And I believe that I could flip it each month to pay bills and to grow the account.
I was the stupidest thing I ever did.
That set me back years.
I should have just gotten a job.
Like I had a large balance and it went down and I had not worked for a few years and I just resisted going back.
I'm like, no, I can flip this and get back up. I'll be okay.
And I set myself back years. That was a huge mistake.
And I've tweeted about that a lot.
That's one thing. Like right now, like I have a a decent balance but like i still work 80 hours a
week right now i do uber eats that way i can whenever i want to i can stop and look at the
chart or something i can always listen to a book or read or use my mind to think through my journal
think through what I did.
But I still, I will not make the same mistakes that I've made in the past.
So that was, that would be like the biggest mistake.
And I know a lot of people, this is like a, it's like a mad dash to get out of your job.
But I've had a tweet thread before, like, and I've done this myself. Like I have been working even more now that my accounts have been growing again. Um, and I worked 80 to a hundred
hours a week at one point so that I could make, you know, 200, 500, 700 extra dollars a month that I could for sure put into a trading account and know that
if I lose it, doesn't do anything. All of my bills are paid. I'm building up a savings account.
Like it's been, that's my biggest mistake. Honestly, in my quote unquote career was when I was in a,
a very sustained swing down.
I did not do the right thing for the, for the longevity.
Trading hurt described as an infinite game.
And the purpose of an infinite game is to continue playing.
So you,
you take whatever move allows you to continue playing the infinite game
and i was doing the exact wrong thing for the longevity of my trading so that's the biggest
mistake well you know i feel like those two things that you mentioned both the issue with
you know handling patience and you know being in a position where you focus on trading as your
income and everything like that, they're very interconnected, right? Because like, if you have
a not huge enough account and not like, let's say a year ahead covered in the bank or something like
that, you find yourself in a position where patience is not allowed, right?
Because you're like, you know, you turn on your PC,
you look at the market and everything,
and there's nothing you see that's clear.
You have a few ideas that are like triple B or C or something like that.
And you're like, ah, they look okay, but I don't really want to take them.
But then you're like, oh, shit, I got bills to pay.
I got to make like those $1,000 to $5,000, whatever, by the end of the week.
And you're like, oh, I don't have time to wait for, like, a AAA setup, you know?
Yep, 100%.
And I won't sugarcoat her a lie.
Like, there's someone in here who's like, but I'm good, and i've done it for a few months yeah like you
you can swing it for a period of time and then inevitably something will happen and trust me
i've i repeated this cycle for like three fucking years i was stupid i took I was very hard headed. I took a long time to learn my lesson.
Like it it's not. It is impossible in the long run, but the the short term success will trick you.
And it's the same thing every single time I'm going to do it this month.
I made it next month. Conditions change, slows down, like you said.
And then inevitably, it's it's always been a combination of chopping up a percentage of the account in a small range.
and then being offside,
I'd miss a good move
and then inevitably
there would be a ton of emotion
and I would try to fade that move
and then blow the account.
That was literally it.
It was so consistent.
Yeah.
It's really...
I've been in this situation once where it was actually really
it was looking back at it now after i've lived through it it's kind of funny but back then it
wasn't really funny i back in 21 um so i i had a i had a big uh i had a marketing uh company a company related in
to the marketing business um and uh right as covet started and everything it was still doing great
because like you know my marketing they didn't really take a hit um and i and i sold it all
right somebody bought it um fully 100 um but i stayed in the company i stayed working in the
company right i was like just helping them to stay in the trajectory and like continue growing and
everything and i was taking a nice salary um and then i just put almost all of the money i've made
into crypto and uh and i made it a lot more right like we were in the peak of the defy bull run you know it
was insane you just you no matter where you shoot you just make money um and then in 21 i was like
ah why am i why am i wasting my time like helping them grow i don't care anymore the company's not
mine i don't care if i'm making money out of the, you know, the revenue and everything.
And I quit.
And this was in like March 21.
And then in May 21, we had the crash from 60 to 30.
And dude, I took like a 90 something percent drawdown.
It was insane. this was the worst period
of my life and this was such a good lesson i mean again looking back at it i wouldn't be the trader
i am today without that period um but i remember just at the end of it all when like price crashed
and it was like a thousand dollars from like just liquidating me fully i was like holy shit
what the fuck just happened and what the fuck am i doing now you know and it's um
it can just catch you really off guard really it's uh yeah uncomfortable yeah that
understatement of the century uncomfortable
yeah i mean listen it's kind of like you know it's like one of those things i mean like talking fully seriously now like it's one of those things where if you come to someone who just started
trading in a bull market right like we have right now yep and you're like hey listen you should be cashing out a lot like and and get at
least to the point of like six months a year ahead in in expenses because like the market will fuck
you one day you will eat shit someday you will take a massive drawdown that's a part of the game
it's a part of business it'll make
you a better trader but it will happen yeah people are like what the fuck are you talking about are
you stupid i am and just like you said when you saw the tweets of people and everything i am
smarter than you dude it's not gonna happen to me right you know because i'm a god i'm a god every trade i take makes me money and then it just happens it does it it is an
inevitability it's like one this is a weird weird uh analogy or weird relatable story um i was a
server in restaurants for like a decade um and every time I would train new people, like the number
one thing that everybody was scared of was, uh, like dropping a big tray of food or a tray of
drinks on a table. And I would tell every single person that I would train, it's like, it's going
to happen. Like there is, there is no way to avoid it. Like once you accept that it is it is inevitable like you'll be less tense and less
afraid of dropping a tray yeah and it always did the thing is it almost makes it less like it does
it does act yes it does and that that's the whole that's the whole point is like like it
the resisting of it being an inevitability, the arrogance, the pride around it, that increases the probability that it is extremely ruinous or destructive.
Whereas the acceptance of it pretty proactively is the thing that in the moment you realize, oh shit, I should get out of this trade.
Like, I'm really fucked.
And I could be less fucked if I just stop now.
And that's something that builds up over time.
We're talking about this the other, was it this morning, I think.
We're talking about this the other, was it this morning, I think.
And as you gain more and more experience, like everything kind of coalesces around all the pain,
the problems that you'll deal with kind of coalesce around ignoring what you know you should or should not do.
ignoring what you know you should or should not do.
And that takes time to learn.
But really, at a certain point,
everything kind of boils down to that.
Yeah.
And I mean, listen, again, it's one of those things that,
I mean, me, myself, every single time I talk about those big scarring events that have been through me and everything, I'm like, yeah, this just made me better.
You know, it's a positive thing.
I'm happy it happened.
What did you do after that?
Well, I took a massive drawdown.
I, it physically, like, you'll know what i'm talking about every person will know what what what those feelings are where you can't eat right you physically
have a mental breakdown you cannot sleep you cannot eat um you don't want to like do anything nice yeah smoke three three three packs yes three packs in 12 hours yep
yeah yeah oh yes throwing up you know physically like feeling the pain it's crazy it's insane um
and then you have this like oh maybe i should just kill myself but then you're like that
but then you're like nah
no yeah the thought does come
it's the
the feeling of truly losing
money that you
truly believe
that you could not afford to lose
that is the experience
losing money that you
honestly could not
afford to lose
yeah 100% and like for me
it was really you asked like you asked how i
felt now what did i do it was really hard for me really because i basically lost almost every
single penny i made from selling that company um and i was really rough i was like and i remember
just sitting in my terrace just thinking i was like living in the skyscraper, like, you know, 20 something floor.
And I was like smoking and I was thinking like, dude, I am not ready to start it all over again.
You know, I made it so far and now I took like not 10, but like 100 steps back.
steps back um so yeah it was really hard but um i just took a month off i just turned everything off
turned deleted every single app from my phone trading view like everything um didn't touch
ct didn't touch anything like i was checking up like once a week just posting a little bit
and uh just going over my journal just writing a lot writing a shitload and just going over trades
and stuff like i just printed everything i didn't even want to touch my pc you know just printed
papers and uh did everything manually and then after a month i came back with like a bunch of
lessons a bunch of new rules a bunch of like additions to my system that maybe probably made it a little bit worse but safer you know and and funnily enough then I had the three best months in my trading career so far in terms of like ROI and yeah I made everything back like on the leg from 30 to to 65 69 yeah i made i made i think
i made double of what my all-time high was and uh yeah so that was really good but i feel like
this was only thanks to the fact that i knew that okay i really fucked up i need to step step away i need to step away and
like take it take some time off and it turned out perfect because we we arranged the there for like
a month we we were bleeding like slowly like 1k a day or some shit like that for like a month
yeah i'm yeah i can see the four hour chart in my head i know exactly i know exactly what you're talking about i know and i knew that if i stay here right now and try to make money back i'm gonna be broke by the end
of the month you know yep because it was also the stereotypical it got less and less volatile
towards the longer it went on yeah yeah and i think this applies to every single person like if you ever have a huge
drawdown if you ever lose a lot of money within a short like a very short span of time just take
a week off like just just fuck off for a while come back with a clear mind because you will
fuck yourself you will 100 it's inevitable it just it just works like that yep 100 this is something i
because i like to play halo a lot back in the day try to compete call duty um
i have no idea i cannot remember what interview it was um but it was something along the lines of
what interview it was.
It was something along the lines of
some team had prepared for a tournament
and what they had done before the tournament,
which they placed really well
and after doing poorly,
was like the three or four days before it,
nobody played.
And like their sports psychologist
said something around like,
you take a few days off to fully clear your short-term memory.
It's like if you're always taking a certain route,
rushing B, and you keep getting screwed,
your short-term memory begins to overtake your long-term memory. If you've played the game
for years and you've known I should always do this, you need to clear that memory. So when
you're back in the situation, you default to the long-term memory and lessons. So like 100% agree
with that. Even if I've had like a really rough day or two like this like it was last week it's like okay
i know i'm at this wall i'm three days off it's always it and i've had experiences before like
back when i was a true degenerate uh and i would stay awake for too long i always found that when
i slept for two or three days,
I had to do an amazing way.
The day after, I slept for a couple days.
It's like, oh, maybe there's something here.
Yeah.
You just have to do those things. It's like when you have a bad day, just fuck off.
Just fuck off for a while because you start to become emotional
and stuff like that.
And just like you start acting human.
And acting human and trading is probably the worst thing you can do.
So, yeah.
I was wondering.
I wanted to talk more about your trading specifically.
How do you feel like your trading strategies evolved over time?
Were you always just pure price action trader or did things and just like methodologies, tools and stuff like that change for you?
We lost Cain.
Hello?
Yo, Cain, can you hear me?
Sorry, my phone messed up. You just ask him about his strategies and he's like logging off immediately.
Yo, Kane. yo kane hey hey yeah you're back um did you hear my question or there we go. Yeah, I can hear it.
Sorry.
No, I'm good.
Did you hear the question?
No, I didn't.
Sorry.
No worries. So I was asking how your trading strategies evolved over time.
I know that you're almost only a pure price action trader, but was it like that all the time?
Or did your methodologies and tools that you uh was it like that all the time or did your methodologies
and tools that you use and stuff like that evolve yeah it's evolved i mean the first
couple years it was anything and everything um i never really got into like uh
one thing i never really even gave any time to was like harmonics.
But literally read through everything.
Everything.
Elliott, Wave, Fibb.
At one point, put literally everything on the chart.
everything on the chart.
But really,
to me, it came
price action
has always been the foundation.
And realizing that
every indicator
is essentially a
time-delayed derivative
of price itself,
it's like, okay, well then if I can
just
read the price action,
I, I shouldn't need anything else. Um, I'll, I'll use a volume profile,
but most of the time, if I stare at a chart and be like,
that looks like a place where it should like react violently like reverse
or bounce and it's like then i open up the profile it's like ah okay that's a previous
point of control or it's a a low volume node it's like okay i can see these things now on the chart
um but for for me it really, it's always been about simplicity.
Like if I can make a decision with less information than you, I will beat you all the time.
Like that's, I've always had that thesis like even in everything like i want to go to the
gym get big and it's like huge universe of information and really just comes down to
lift heavy shit increase the weight and eat your rice and your steak like there there is a simplistic version of this which nets you
80 to 90 percent of the no pun intended gains yeah that anyone is going to get so like
i i don't want to overburden i'm already fucking human that's going to have issues with emotions when making
a decision. I don't need to have to digest tons of quantitative or qualitative data,
even to begin to make that decision. And then the emotions kick in so it's it's i've always been a huge just
empty chart pure price action proponent but i definitely went through that whole like
uh story arc of putting everything available on the chart and then just coming back to
a naked price action right we all we all, period. We start with a naked chart
and then we just start adding. You start
with RSI and then you have
Oh, what's Ichimoku Cloud?
Oh, that's cool.
Let's add the
Fibonacci levels.
Oh, there's a GanFib
what it's called, Fan?
Oh my god.
And then there's this point where
everything you do sucks and so you put moving averages on for a period my god and then there's this point where every everything you do sucks
and so you put moving averages on for a period of time and then you're like oh yeah i'm just
trade moving averages forever yeah oh but i can't just have moving average 21 what about the 65
what about the 120 and then you then you feel like well wait if I combine these on this time frame and then you have like 50 different moving averages
With like oh, and then my favorite which I was totally guilty of obscure
Time intervals for candles. Yeah
Like the 96 minute candle I shit you not
Yeah, I shit you not i have posted charts with the 96 i think it was you
trading with like the eight minute time frame or some you sent me a chart
with like the eight minute time what the is eight minute time yeah yeah i've i've been
so guilty as well i've had it as well yeah but you know and then at some point i also had this like
i started deleting stuff and everything nowadays i the only thing i sometimes have on is uh rsi
that's it really interesting yeah that's the only thing and that's also just because i'm too like i
just want to have the confirmation bias because you can see you can assume the rsi level just by watching the chart right you can see momentum you
don't do it um but um but yeah i remember that i had like exotic time frames and then i just told
myself that it doesn't make like i was thinking about it why do i use them i was like literally
asking myself and then i told myself it doesn't make sense for me to use them because you're trading people's psychology right
so i think like to me to make more sense like wait i should only use the the time frames that
everyone else uses right it doesn't make sense for me to use like a weird like seven minutes
interval because like i'm gonna be like one out of six dgens that is currently looking at a six minute chart right right and i was like
i have no i have no edge in this thing and then there's the whole realization like well
the only thing that's changing is essentially uh you're moving around the open and close
you're moving around the open and close.
And if you just go down to a one minute timeframe,
you essentially negate or void out whatever,
you know,
secret alpha that you think you're getting from simply changing around a
lower timeframe,
open or close.
Like there's,
there's a whole,
yeah,
I've thought about this a lot, a lot.
Now I will say though, there are certain timeframes that I've always found extremely
clear indications for certain things. Like from day one, well, day one being when I learned what the fuck to
do I have always loved and found like very relevant candles on a three-minute
timeframe for Bitcoin like I've gone to my head if I could only pick the five
minute or three minutes for the rest of my
life, I would a hundred percent pick the three minute. That's the only exception that I've
found of that. And in reality, I mean, if I'm, if it's anything that's not day trading,
it's literally just open the chart, look at the four hour, look at the one hour.
Okay. I should sell above that high.
I should buy below this high.
I should buy where those candles open and close.
It's mostly the lion's share of the generation of the idea comes from the higher time frame.
for everything really and the long time frame is just for execution right right um going back to
For everything, really.
And the long time frame is just for execution.
Right.
the question i just just realized this like one thing that has definitely changed over time
and it was something that i had started to learn before in silico posted about this
in silico posted about this um but ever since he did post about it it has changed my life uh
he made a post some years ago it was ranting he was like most of you would be better off
simply trading a session and getting out you open the trade during the session, you close it during the session, and you walk away. And that solidified
something that I'd already started to find. Because I had started trading the boomer futures,
NASDAQ. And really, if you look at a chart of the NASDAQ or the the s&p you realize that like most of the volume happens in the first two
hours that's when most most of the big participants are trading and if you if you do enough studying
you realize you know certain percentage of their daily move always happens within this yada yada I have been so much more focused on getting in and getting out rather than hoping that it goes to a certain far target.
And that might cause some issues in a crypto bull run.
Like I've said this before, I eat dick in a trending market.
But I will always trade multiple circles around people in a range.
And I'm fine with that.
Markets range 70% or 80% of the time.
When crypto trends, I have to learn to turn my brain off. And I definitely miss some stuff.
But I'm okay with that. And I'm okay with, I've learned to be okay with, I've been posting about it.
Like there's Bitcoin does on average,
you know, 1,000 or 1% move,
like four out of five days a week within the first two hours of the New York Open.
It's like, okay, can I come in and make my,
make my money in that timeframe and be okay with that.
Yeah,
I can.
I think that that's one of the biggest things that has shifted over time is
really,
really,
really getting disciplined and okay with,
I don't need to catch the big $10,000 move of the week
because I know, based off of my data,
that I can catch five $1,000 moves every week.
Yeah, with a higher likelihood, lower risk, stuff like that.
It's the base hits versus the home run that i've been
talking about and and then the the truly truly added benefit and i learned this from trading
boomer shit during the last bear market for bitcoin is like there is something so fucking... They got it right. The boomers got it right.
You wake up, you open a trade, you close it, you go to lunch, and you fuck off until the next day.
It is so nice to fucking sleep without waking up with a cortisol spike going,
did I fucking lose or am I up more?
It is great.
It's just like you described it. I have a friend
which is, this is exactly what
he does. He trades, like he literally
well, that's what he claims. I don't know what he
actually does, but he tells me, dude, I trade
the first 15 minutes of the session
and log off for the rest of the day.
That's it. I mean, he has a job and everything,
but he's like, that's all the trading I care about.
I don't care what it does until it closes i don't care about anything i i want the first 15 minutes
that's it and he's been doing this for like three years and i'm i'm i'm literally always telling him
every time we've been on a weekend or something i'm like dude i just had like to spend like 30
minutes this morning to read about this new hack that happened and how it affected price and stuff
like that i'm so jealous of you that you don't give a single fuck about what happened over the weekend
because there's like even if something happened like a nuke has flown like there's nothing you
can do anyways nothing yeah i mean if you go into my head i could give up crypto and trade
the first 30 minutes of nasdaq for the rest of my life and make all the money I would ever need.
I learned that skill because of the same thing.
I had to work a job.
I had to be up early, but not too early.
And then I had to work until late.
So when I'm getting to bed at 11 markets open at six 30, where I am,
I like I've done getting up at four and sitting there for two hours and
everything, but like it, it takes, it's so much, but, and it's like,
I want a quick impulsive move and it happens every day.
And at first, well, not every every day but most days and yeah like
that that's that's what i've learned is like that that is uh so beneficial if you can accept it
and i think that's if you learn what type of person you are and what fits you and what you want to have and everything.
And it fits me perfectly because I 100% believe that time is a factor of risk.
Like, if we both, if you, this is why I short so much.
It's like, yeah, we went up 10% in 10 days.
Well, yeah, motherfucker, we're we're gonna go down 10 in about 10
hours which side of the market would you rather trade i'm like i'll fucking trade the short side
all the time i mean that's the benefit of shorts i mean at the end of the day the downside of
shorts is that the upside is limited but the the every single time i take a short it's it hits profits so fast like compared
to longs but the the counter to what you something you just said was actually very important the
the downside to shorts is that the like the the profit is limited but if if I'm always, if I'm trading the same way regardless, whether it be long or short, like I'm just looking for a $1,000 move, doesn't matter what direction, then it's irrelevant what side of the market you're on.
I'm simply looking for what is likely to hit where I want it to the quickest.
And that's when I found like, oh, most of the large impulsive moves for NASDAQ happen
within that first hour and a half.
in that first hour and a half.
But there's a, even within that,
there is a percentage that happens
within the first 30 minutes.
And it's like, okay, my life just demanded
that I have only 30 minutes of time to trade each day.
And it forced me to learn something
that was very beneficial.
And I realized like, oh, okay,
I kind of learned what kind of trader I want to be.
Like not all trades are equal to me, even if they're right.
Like it could still be two S tier setups, but one takes the session, 30 minutes, 45 minutes in the session to complete.
session to complete and the other one takes three days like there's the cost of my me always staring
And the other one takes three days.
at it because god knows i'm i'm still gonna look at the chart like and then just not sleeping
the best and like oh well you're a pussy it's like well Like, it's just, it's a reality. Like, I'm working with the reality of how I operate.
And if I can make $100 and be done in 30 minutes or have $200 over three days, it's like, I'll take the $100 and be able to sleep.
able to sleep that's just that that's something that's definitely changed over time
That's just, that's something that's definitely changed over time.
yeah i mean again i think it really depends on what type of person you are but at the end of
the day it is something that it has a lot of benefit to it i'm still the the lazy cunt that
will choose to take a trade for like two weeks.
But there's something beautiful about like just, you know,
like that friend of mine, like you, when I'm talking to you about all those trades that you're taking, the short-term trades,
that is, you know, sounds fun to me.
Like it sounds fantastic.
Like this ability of just taking these five quick scalps and then be done with the
day um maybe someday maybe i'll get there someday um but i was wondering um well before we come to
the last couple of questions i have to you i want to remind to all of our listeners if you have any
questions you're going to click at the bottom right corner and leave those questions right there and
you'll touch them in a couple of minutes.
But, Cain, if we have someone listening to this space right now and they're in the beginning of their trading career
or just going through a hard time, whatever,
or even just advice that you would give your younger self
getting into the trading world, what advice would that be?
into the trading world?
What advice would that be?
Number one is remove the time limit
that you've placed on yourself.
It takes as long as it takes.
That would be advice to my younger self, for sure.
So much loss has come from rushing or forcing.
And so much benefit has come from it takes as long as it takes and accepting that.
as long as it takes and accepting that.
Specifically
to someone getting into it,
keep your job and honestly
get a second one.
Straight up.
I have a tweet thread
about this,
but I changed my at so you can't
search my tweets to find it, but I
and I've done this.
I tweeted about it because it's something I was doing.
Say you're making like three grand a month right now and you want to trade.
But you have like.
Twenty five hundred dollars in bills.
So you only have like five hundred dollars.
Like go fucking do Uber Eats or DoorDash.
Like make the money that you're going to lose
as much of an insignificant percentage
of your income as you can.
That would be it.
Like the desire, because again, I've lived through this. Even after I knew how to trade, I knew what I should do. I did the wrong things. lose less and less significant that allows you to actually trade in the most free way.
If you have, you made an extra thousand dollars because you worked 80 hours a week
last month and you put a hundred of it in that account, like you can take every single trade
that you think you should and lose all that money and not be stressed about it.
That is the biggest advantage you can give yourself.
100%.
I'm saying this because it was worse I much, it was worse than Delta, not to play pain Olympics, but like I have lost everything, been broke, had to ask friends for rent, and then gone and done the same stupid shit again. Like I've been homeless. This is all self-inflicted.
This is not a sob story. Like I was stupid. And what eventually got me out of it was,
was adhering to the advice that I could give to others, but not, not follow myself.
Really like make the money that you're going to lose as insignificant as possible. Um, it,
it allows you to be so much more relaxed and free when you're there
clicking that button and putting that money at risk.
It will paradoxically allow you to accelerate the growth.
You think you got to pour everything into it and go hard.
It's like what we were talking about earlier,
this whole thing about cashing out.
And I made a comment back to,
it's like if someone gave me a hundred grand right now, I would put 80 to 90 of it in the fucking bank or my, my girl's bank that I cannot access.
And I would only trade with like five or 10 grand. There is so much value to having margin of safety when it comes to your mental and training.
It is something I would, if I had to coach someone or my younger self,
I would literally beat this into them.
Yeah, 100%.
I mean, I've experienced
it and I've spoken
about it similarly where
I feel like a lot of people nowadays
or just a lot of people in the trading
space overall,
they're not trying to make good trades.
They're not trying to take good trades.
They're trying to make money.
And at the end of the day, that's wrong way of thinking it because because money is just the side product
of of good trades and and like we said earlier if you're focused on the money so much so that
you're pushing yourself to take suboptimal trades um it'll just end bad and it's like i'm really not spiritual i'm not religious and whatever but like the less
i care about money the more i make like honestly the less i care the better i perform and i really
feel it's because the moment you just don't give a fuck anymore that's when you just become better
because you're not stressed you're much more stressed. You're much more easygoing.
You're much more focused.
It happens almost in every single
thing in life. You just
started dating this chick. Suddenly
there's 10 girls in the city
texting you and they're like, oh, yo, let's
go hang out or something.
Or the night that you go out
just to fucking get drunk with your friends,
you get laid. But the night C go out trying to get laid.
You never do like it is the,
it's the same fucking thing.
And the only way to,
to actually,
to not the only way a practical,
like an applicable way to do that is to simply just make more money,
get a second job. And you create that environment by having more, an applicable way to do that is to simply just make more money,
get a second job and you create that environment by having more income.
You reduce the same a hundred dollars,
the same $500 is now a smaller percentage of your total income.
So it will mean less to you. It's yeah, it's, it's the same thing like you said with going out with the
girls everything it's the exact same thing yeah well there you go focus on making good trades
not making for real for real um yeah it really does work really um i wanted to ask you also about
um just you being here for almost 10 years, how does it feel just watching this space develop over the years?
I mean, now you've seen Bitcoin in sub 1K.
Now you're seeing it at 120.
And just crypto as a whole with all the ETFs,
companies starting to buy it, whatever.
companies starting to buy it, whatever.
How does it feel?
Or do you just not care about it whatsoever?
I fucking hate CT so much now.
Yeah.
I didn't even say that.
CT has become an abortion
compared to what I came into.
Dude, compared to what I came into. Compared to what I came to even,
back in 2020, it was still a gold mine.
Right.
Right.
But the actual
Bitcoin itself
is interesting.
It's very interesting.
I got lucky when I came in. like Bitcoin itself is interesting. It's very interesting. Um,
cause I got lucky when I came in,
I got into like a team speak with some dudes that were like, Oh gee,
Oh geez. Like some retards that had bought like Bitcoin off the forums, like a few weeks or months or years after it was released type shit.
And some of these, and some guys that had been trading boomer markets for like a couple of weeks or months or years after it was released type shit.
And some of these,
and some guys that had been trading boomer markets for like a couple of decades.
And I remember the only thing that I truly remember clear as day was a
conversation with some of the old heads and they were like,
enjoy this right now because it will change.
And it has.
The huge swing days that we used to have was because the market was immature and illiquid.
And now there's tons of liquidity and there's more mature players participating in the market.
participating in the market. And so it's changed. I don't really lament it. Because I've mostly
And so it's changed.
always been a Bitcoin margin trader, it hasn't affected me so much like, I feel for the altcoin traders, like Jesus fucking Christ.
We went from like a thousand to like hundreds and hundreds of thousands of
coins.
Meaning that liquidity is diluted across all those things.
Like that would be brutal to,
to not be a margin trader and having to deal with that
like the whole i think i put maybe maybe a hundred bucks into pump fun one time i cannot imagine that
being like yeah i'm gonna wake up and hit the trenches i'm gonna wake up and hit the trenches. I'm going to wake up and hit the 45 to my head. I have no God.
Hell no.
That's insane to watch.
How do you trade
with the
notion that at any random
second, you're just
going to get rugged?
That's insane, bro. mean granted you know it's so
different it's it's like me and you we like both of it's i'm not i don't want to sound like we're
better than than altcoin trade or something we're not it's just that me and you we're boomers we're
two old cunts and we just trade bitcoin and Ether. And pretty much that's it.
And we know.
For example, I open a trade.
You open a trade.
We know it won't change our lives.
We don't expect it to change our lives.
If I wake up and I see my trade up, I know at the best case scenario,'s up like 10 you know on the day or some
shit and i'll be like oh shit this is a really nice trade um but like it's just a different
mentality like yeah those those people know there's like a very high chance they'll get rugged
but they're like oh but it can go like 10 000x you know like for example grok uh launched this uh annie thing right yeah
try it it's it's insane dude no but my girl sent me a picture says what the fuck is this
what is elon doing i was like dude it's crazy i tried it it's like explicit as fuck dude
yeah of course you tried it but anyways
someone launched an
anti coin it went up from like
it went up it's like 100 million
market cap right now it's crazy
so yeah like it's just
lottery it's just lottery tickets
and I'm not I mean me and you
are not in the business of just filling up
lottery tickets so
I'm I play my lottery a different way.
That's really, you're right, I'm not any better.
I just have chosen to play my lottery a different way.
a different way.
I am still,
I will die on the hill of
leverage is not evil.
People are stupid.
And that is coming from someone
who has blown his
entire fucking net worth
via leverage multiple times.
Yeah, but it's not because of the leverage.
It's because you were an idiot
i was an idiot exactly um but this is something that i've i've always been in this camp i've
always been in the camp of what is better for me long term as a trader a one 100% trade or 101% trades.
Like I decided a long time ago.
That's why I'm the fucking autist still posting charts and shit.
It's because I've always wanted to be able to, to produce it roughly myself rather than throw shit at the wall and see what sticks.
Now there is, there is value to treating, I'm going to say the forbidden word, treating the trenches or altcoins as a VC. I'm going to place 100, 200, 1% or half
a percent bets. And statistically, I'll have this amount of winners, this amount, that's, you can do that.
And I, once I have a large enough portfolio,
like I will section my portfolio up.
Like a certain amount goes towards spot, altcoins, certain amount goes towards margin trading,
certain amount goes towards buy it and forget about it.
Yeah.
But for like making this work as a trader long-term,
the decision to prioritize consistency of base hits over home runs is a decision that you should make proactively, as early on as possible.
What is it? It's not Jackie Chan. What the fuck? Bruce Lee.
I fear the man, not the man that knows 10,000 punches or whatever, but the man who's practiced one punch 10,000 times.
It's whatever that is.
It's similar to me. recreate probabilistically uh a small amount of success over and over and over and over and over
and over is the thing that builds up the things that you need as a person to do this long term
the confidence the experience yeah because at the end of the day you can buy some coin and
of the day you can buy some coin and lucky you'll be lucky in a little like 10 000 x right whatever
that's 99.9 percent not repeatable and you learn nothing you've that but you learn nothing
like you the individual the thing that you are the thing that improves you're the thing that
persists through time you gain nothing from that
yeah that's the reality of it
it yeah that's a hard put a swallow because the money could change my life it's like yeah but
you could also get that money and then go fuck up your life like we like look at analogs you got
fucking pores that win the lottery and then within they still are pores the entire time
they have the money and then they lose all the money and they're still poor. It's a mentality. Yeah. There's something that... It's like the Dave Chappelle
joke where he came to his dad. He's like, dad, I'm sick of being poor. And he's like, son,
you're not poor. You're broke. There is a... Yes. There is a distinction. There is a difference.
Yeah. Being poor is a choice.
Being broke just happens.
It's a mentality.
Poor is a mindset.
Broke is a
qualitative
or quantitative statement about
your wealth.
Yeah.
Yeah.
I'm into that.
I wanted to go over the questions that some of the audience left before we go to the last one I have.
Cool.
We have Harry Bonk asking, do you trade mainly to supplement income or is the goal to eventually transition out of other work entirely?
Oh, 100% the goal to eventually transition out of other work entirely entirely oh the 100 the goal is to transition out of it um right now the the current
phase is make money and cash out aggressively i don't i don't ever talk about it, but I'm going to have some funded accounts.
And on any given day,
let's say I make, you know,
$10,000 in the funded account in a week,
I'm cashing out $5,000 to $8,000 of that
into a bank account.
So I am I am trying to build up.
A balance, but at the same time, I am cashing out aggressively.
To have multiple years and years and years of bills cashed out. So it's kind of both. I mean, I, I 100%, as soon as I can,
will be a full-time trader, but I've just realized that I, I need a certain account size to do that.
And I also want a certain number of months and or years of income in a bank account
that I cannot access to put that money back into the market yeah
there you go um we have meredith frost saying thanks for the cast guys i don't know where
you found this homeless boomer delta but he's based as fuck huge win uh it's funnier because i've lived out of my car in
the last four years we've all been there yeah um i've been there i've been there it's been it's
been a long time but i've been there yeah it's been a while now yeah yeah thank god but uh good times you know sometimes i look at the bad times and i'm like
that's pretty cool you know yeah yeah i learned a lot i remember it clearly if there's anything you
you build some very distinct memories from that very clear memories yeah i do i remember i lived i lived in such a bad neighborhood back
when i was like 19 years old because i was broke um and i was in a really bad neighborhood i like
in my building there were like crackheads living and shit like that i remember one day one of my
neighbors was like yo sam he was like 60 years old, like dead on crackhead.
It was like, my name is Sam.
It's not a secret.
He's like, yo, Sam, I need the, my car broke down.
Can I borrow your car?
I was like super tired after a night, like a long night show.
I was like, yeah, just take my car.
Because I know where he lives. I've known him for like six months. Oh, yeah, dude, just take my car. Because, like, I know where he lives.
You know, I've known him for, like, six months.
Oh, yeah, what is he going to do?
He's not going to sell my car for some crack.
Anyways, I just crashed in bed.
I just fell asleep in bed.
And I gave him the whole, like, key set with the keys to my apartment.
And I totally, like, didn't even think about it.
And then I wake up, like, two hours apartment. And I totally like didn't even think about it. And then I wake up like two hours later and I just hear noises.
And it was like a studio apartment, you know, like one room.
And I look to the side and I see him like digging through my fridge.
I'm like, yo, what the fuck are you doing?
I just, I bought you some grocery.
I got you some yogurt as a thing.
I'm like, dude, you don't need,
why did you get into my house?
What the fuck is wrong with you?
Yeah, good times, man.
Yeah, there are some good times with the,
well, I'm not ever politically correct,
the dregs of society.
It could be some fun times for people who really don't give a shit
about what people think about them
beautiful times
okay now one last question
this is a question that we give to
all of our guests
and I was wondering
what do you believe making it is
ooh And I was wondering, what do you believe making it is? Ooh.
Ooh.
The trades that I see that I should take and the trades that I do match.
Things that I know I should do or shouldn't do,
and the things that I actually do, are aligned.
That's making it to me.
So like full self-control type thing?
Yeah.
Just full self-trust, full self-control type thing. Yeah. Just full self-trust.
Full self-control.
I really see it as a factor of trust.
Ah, I should get
into this.
I should have my stop here. I should put
here. And then the trade
starts and it's like, well,
it might keep going or blah, blah,
blah. And then it doesn't. It stops where you originally thought it would. And then
you round trip or this sizing where you're in and you're like, ah, this doesn't feel
right. I should get out. And then you don't. Or you sit. You try to rationalize it. All of these things. I just want the things that I see that I know I should or shouldn't do
and the things that I actually do at the end of the week
to match up as closely as possible.
That's making it to me.
I really like that answer because we have a bunch of different answers.
And they go from everything relating to family, relating to, like, money, relating to, like, financial freedom, like, different types of things.
But I feel like an answer like this is pretty nice because it just shows that you know that once you have self-control everything else will will fit into place kind of thing right right yeah there you
go gotta gotta control yourself not an easy thing to do it I don't like the word control. You need to align yourself. There's part of you that wants
to make it. There's part of you that wants to gamble. There's part of you that knows what you
should risk. There's part of you, there's these different warring selves like everybody's
felt this like you're sitting there and regardless of your experience level
but especially as you gain more experience there you grow a voice in your head you should not do this, you should do this. It's aligning yourself with that.
Like, ah, that feeling of like,
when I know that I did the best that I could,
I knew I did the right thing,
or I did the thing that I should have done
when I should have done it.
that's that's alignment I'm not the there is discipline control to me is
That's alignment.
I'm not,
just maybe I just have a personal issue with the word but that to me that
indicates that there's something wrong with me then that needs to be under you
know on a leash but the idea that there is a, there's part of me that's
learning and growing, you know, part of like, I think the risk taker and the gambler is just two
sides of the same coin. I want to align those, that Jackal and Mr. Hyde together. I want to be
a bitch and never size up on a good opportunity, but I also don't want to be taking full size on everything.
So I have to align those two identities.
And there's the analyst in me.
And then overall, there's a trader.
So I see it as a few core selves that just,
when everything is in alignment,
you know that feeling it's like damn man
i waited when it came i didn't hesitate yeah i knew i should have my stop here i didn't
move it i knew i should have better than the pnl itself exactly i knew i should have exited here
and i did like that that is what i want i want that full alignment as much as possible. That's making it. Why is that making it? Because that is something that I can trust over time.
comes up, I can repeat that. That is consistency. That's what I want. I want that alignment of those
things and to be able to repeat that as much as possible because then, barring acts of God or
acts of fucking retardation, this is a blank check.
Thanks for coming to my TED Talk.
Well, that's pretty much it for me.
Guys, to all of our listeners, if you don't follow Kane,
like I said earlier, fantastic account to follow. Give him a follow.
Nudge him. Bother him in his tweets. Call him an idiot. Call him a legend. nudge him, bother him in his tweets,
call him an idiot, call him a legend, whatever you want,
a homeless boomer, whatever you feel like.
Homeless, homeschooled hero. There we go.
Yeah, but Cain, is there anything else you want to add before we wrap things up?
Good luck, have fun.
Yeah, good luck, have fun.
You'll see Kane
tweeting that every single day.
Yeah, good luck. Have fun.
Thanks a lot for coming, man. This was
really, really fun and
really, really enjoyed
this convo, mate. Love you, brother.
Thank you, Kuma, for the host.
And good luck today.
Good luck. Have fun. We good luck today. Good luck.
We'll chat a little bit later.
But also, before we are finishing, to all of our listeners,
thank you so, so, so much for coming.
You make everything.
This wouldn't be the same without you.
I see already a couple of people that always show up,
and I really appreciate that. hope you guys enjoyed this episode if you haven't you can just
just dm kane and like call him names and stuff like that we i support bullying so
same i did i did too yeah we grew up on modern warfare 2 lobbies we support bullying on them
yeah we grew up in a different time
where you just buy a new game.
You're like, oh my god,
there's voice chat.
And you get exposed to words
you've never heard in your life.
I learned a lot from 13-year-olds, yes.
Yeah.
A couple of mentions.
First of all, make sure to follow my account
and follow Kuma if you don't already to stay up to date to all of the episodes we have.
We will have an episode next week and the week after that.
And if you just want to stay up to date with all the times and the schedules, make sure to give us a follow.
And to all of the people who joined in the middle of the episode, there will be a recording available once this episode ends.
And for the lazy homies, there's going to be notes available on Monday
around the US Open, as always.
So, yeah, you can check both of those out later on.
The recording will be available in a couple of minutes.
And, again, last thing, thanks to Kuma.
Huge thanks to Kuma for making this happen.
Without them, we probably wouldn't have this happening. Now live, you can trade with up to 50x leverage. um and again last thing uh thanks to kuma huge thanks to kuma for making this happen without
them we probably wouldn't have this happening uh now live you can trade with up to 50x leverage
we're giving out over 900 bgt daily which is worth around 17 000 every single week you can claim those
rewards every single day you can trade perps with the same conditions you're used to, just like a centralized exchange.
The only thing is you can take a part of $17,000 in rewards, which other centralized exchanges won't give you.
So, yeah, all you have to do is to make a trading volume and you're getting a piece of that prize.
On top of that, we have weekly raffles with over 1200 in bgt on the table the
more trading volume you make the more raffle tickets you have every 100 gets you a raffle ticket
in the competition um and we also have the kuma academy coming back next week with more tech defy
and trading content we will be dropping five new articles every single week
written by people from past guests on the show people from ct people you probably know and follow
so if you want to learn more if you want to read a few of those articles you should check out
the kuma academy it's already live with a bunch of older articles from last week and a week before
and we'll be dropping some more next week and one
last thing the referral program is now live after the space we will be dropping a promo on the kuma
timeline you'll be able to get a 25 discount and earning boost if you participate in the referral
program so if you want to bring on your friends, make some extra money, help them pay less fees, you can do that.
You don't have to.
You can if you want to support us.
And, yeah, we're trying to build the best exchange we can for you guys.
If anyone has any suggestions, tips, whatever, you can feel free to DM me, DM Kuma.
We're always open to chat with our users.
So, yeah.
Again, Cain, huge thank you for coming. To all of our listeners huge thank you for coming to all of our listeners
thank you for coming as well thank you for having me my pleasure man and uh yeah and thanks to kuma
shout out to manual in the audience my uh the dude behind the screen that's helping all the technical
stuff yeah we'll see you guys uh next week and yeah that's pretty much it bye bye how big about a weekend
