Had the pleasure to talk with @CanteringClark

An experienced trader who's transitioned from legacy markets to crypto.

His advice can help you make money in the markets.

Here's a thread detailing the lessons I learned.

1/ Managing other people's money is tremendously stressful and generally not worth the years taken out of your life.

2/ Try to stay objective

As a participant in the market, you’re prone to certain cognitive biases and you’re going to use anecdotal pieces of evidence instead of looking at the bigger picture evidence.

3/ A good night’s sleep is the most important thing for a trader.

4/ Why did he transition from legacy markets?

"Crypto is the easiest poker table to play at". It's arguably the most inefficient market and the easiest one to profit off of.

5/ As a trader, you should aim to outperform the index of the market. In crypto it’s unclear, but if you’re not beating bitcoin’s performance you should probably hold rather than trade your assets.

6/ Act on ideas fast. All inefficiencies in the market are temporary.

7/ You don’t have to necessarily be a pioneer, learn what works by studying others.

8/ Providing value for others is contagious. It almost always comes back around.

9/ It's okay to make mistakes when you're young, as long as you learn from them.

If you learned something, consider checking out the entire episode! https://podcasts.apple.com/gb/podcast/15-cantering-clark-crypto-trading-through-eyes-market/id1528559615