A Classic Calling The Market and Missing the Move With a Twist

Ugly Old Goat
2 min readJan 5, 2024

This is a classic screw-up that deserves your attention.

A truly professional trader studies his mistakes more than his successes. And this one is worth writing about.

Wow! I got the move. Up. Masterfully, I might add. No major mistakes. But that is not all. All the fundamentals, the contango, and the high funding rate sent warning signals to any fundamental analyst.

Technically, we had a breakout. All the moving average traders were long. The majority of break-outs are…

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