I faded Tom Lee's $ETH call.



Today, I saw the Daily structure break and proceeded to bottom tick an LTF entry (publicly called as always). As a trader, I recognized the need for an immediate bias adjustment. Rather than holding out or trying to be right, I chose profit (currently) and professionalism. I saw a 2R setup and entered.

In return, I've received likely the most hate I've received in quite some time. I think it's obvious that many of you got your first ever big win off Tom's call. The euphoric gloating and nasty replies could only come from individuals who haven't been consistently profitable previously. They're not used to the feeling of winning, so the money isn't enough, it's also necessary to also rub it in the face of anyone who made them doubt their position (weak minded individuals riding borrowed conviction).

Here's the thing.. Tom Lee isn't going to hold your hand into retirement. You won some money, but someone else traded for you. You'll give back those gains because Tom won't be here to give you calls every week. You'll grow impatient and with your skillset (non existent), give it all back. I may have got this one wrong, but I've been getting them right for years and will continue to compound.

I hope Tom sticks around to guide you into retirement. If not, enjoy your day in the sun.
ETH-8.34%
IN-4.69%
THINK-4.66%
EVER11.98%
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