Coins down (dumb money), Gold down (dumb money), influencers (dumb money + noisy) are all down today - USD is King
I often think about how the market chews people up — not with some dramatic crash, but with the everyday grind: chop around the simplest support and resistance.
Most traders don’t get “blown out” by one big mistake. They get bled out by noise they underestimated, overtrading levels they thought were obvious, and realizing too late that the tape doesn’t reward certainty — it punishes it.
Meanwhile, the influencer class is just… unaligned.
Their commentary doesn’t match the tape. They’re always late, always explaining, always “narrative-first” because they can’t execute.
And honestly, that’s the proof: only a tiny fraction of people can actually trade the moment in real time.
The other 99.99% have to hide inside long-term stories, because that’s the only place they can sound right without being tested.
Great take on the narrative-hiding phenomeon. The point about influencers defaulting to longterm stories because they dont get tested in real-time cuts deep. Watched a friend get wrecked trading crypto last summer off some fintwit advice that sounded smart but had zero execution behind it, pure hindsight repackaging.