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No announcement this week.

Saw a relief bounce followed by more more selling and a continuation of downside on a lot of tokens. Currently getting a weekend bounce. The market is still trying to decide if this is a large dip or there is more contagion or continuation to follow.

Opinion: It’s looking like people are getting scared but are still holding onto hope that so far all year these dips and corrections have made for great opportunities to buy. Altcoins seem a lot worse off but if Ethereum and Bitcoin start testing lower levels this could cause another round of selling. I don’t think things are bearish enough yet where aggressively shorting or selling it all is the move but traders need to be prepared to see another flush or sweep of lows even if it doesn’t come.

Fear & Greed Index: 27 out of 100. It was 32 last week and it dropped a little lower. Ideally for some sort of bottom you might want to see some red which would be lower 20s or even something like 15. It shows there is a chance we have some more pain to go but possible some optimism after.

Lost another support and now trying to cling on to the larger channel support. Unfortunately I think we do have to test that $100k range and see what kind of action we get there. Are people going to aggressively bid or will that start a new wave of panic.

Another week where we saw prices go below $4k. Although we are hovering around them again it is the weekend and a lot can change when stocks open. Now back to the decision line and unfortunately I’m starting to lean towards the red arrow playing out. Reclaim the decision line and I’ll be happy to reconsider.

These are going to move more exaggerated than Bitcoin and Ethereum. Unlike the Bitcoin and Ethereum though it’s looking more like it failed to reclaim the structure and that more downside is coming.

No new trades this week. The markets are creating some nice opportunities but think waiting another week will paint a clearer picture.

$ROSE - Stopped out at 20%

$CRV - Stopped out at 23%

TRACKING WITH GURU

The uncertainty in the markets is really showing it’s effect on the riskier of the assets, on chain microcaps. Substantial pullbacks but with these if we get a green week will see some pretty fast comebacks.

$COR, $BERRY, $PAPPLE, $PROOF and $GURU

After making making multiple all time highs we saw a violent and sudden drop on Friday immediately after talk of tariffs on China caused some panic. Over 2% drop on the S&P 500 and many stocks finished red for the day. The last time we dropped this much was back in April when the first round of tariff talks started.

Opinion: The market has been very hot and some stocks have extremely overvalued. It is hard to tell if this was just an overreaction and excuse for people to sell or if this is will lead to some contagion and more selling. This is where it’s really hard to try and predict how people will react because a sell off like that can bounce back quickly or can start causing more panic that leads to another sell off.

STATUS: HOLD

Government is still shut down so economic data could still be delayed but it seems like they are moving key inflation data (CPI) to Friday. That seems to be the most important thing this week next to the US Leading Economic Indicators on Monday which might show or give some more context on the economy. We also have some pretty big stocks with earning reports which will cause some volatility on those ones or affect certain sectors

Popular Earnings This week

Tuesday, October 21

Wednesday, October 22nd

Thursday, October 23rd

Friday, October 24th

No new trades this week. Want to see if we can catch some lower discounted entries and see how the market does.

These are stocks that I’m trading. I will be sharing where I enter and where I close.

OPEN TRADES

$CAN - Currently up 114.5%, high of 105%.

$NGVC - Currently up 3%, high of 16%

$CROX - Currently down 2.2%, high of 7%

CLOSED TRADES

$DRD - Closed at 62%

$ROOT - Closed at -4.5%

$TGT - Closed at -12%

Another massive week for this one seeing as high as 150%. Currently up 114% and moving the stop loss to around 107% which means if prices goes below $1.52 before next Sunday we’ll be locking in 2x returns. If Monday opens green and we see continuation then will see how much higher it has to go and come up with new targets.

$CROX ( ▲ 0.12% ) (Crocs) - Back in profit and never got below the hold line. Will keep holding this one with the original target.

Back in profit but still kind of chopping. Will see if we can catch some momentum to close at the target. If for some reason it drops below $35 before next Sunday that’s where I’d be cutting.

This week we are excited to host @CastilloTrading. From penny stock trader to crypto trader learn about how he navigates the markets, what he’s learned from trading stocks, and learn how his tenacity as a trader to never give up has helped him become successful.

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Special guest @TrueCrypto28 shares some thoughts on trading and gives advice that he’s learned from the many years of being a trader.

This might be one of the most important lessons you’ll ever learn as a trader: Bias doesn’t learn, it just rebrands.

A trader’s bias is the most seductive lie in the market.

It wears new clothes, finds new narratives, and calls itself “conviction.” But deep down, it’s the same old ego that refuses to admit it was wrong.

Bias doesn’t analyze — it defends.

It doesn’t evolve — it justifies.

It doesn’t test — it protects identity.

That’s why the most dangerous phrase in trading isn’t “I’m wrong.” It’s “I can’t be.”

Where Bias Is Born: 

Media Narratives — Echo chambers that reward certainty, not accuracy.

Social Media Reinforcement — Algorithms amplify whatever feeds your confirmation loop.

Personal Epiphanies — That “aha moment” that blinds you to all future data that disagrees.

Ego Preservation — Once your view is public, your identity becomes tied to it.

The mind starts cherry-picking every candle that confirms what it already wants to see.

At that point, it’s no longer about reading the market, it’s about protecting the story.

The Difference Between Bias and Hypothesis

A bias seeks to be right. A hypothesis seeks to find truth. One is emotional. The other is empirical.

Let’s say you see a high-timeframe level swept and then reclaimed. That’s a directional bias based on structure.

From there, you could drop to a lower timeframe and plan to join the potential new trend into the next higher-timeframe resistance.

That’s a sound hypothesis, built on data, not desire. And here’s the difference-maker: A real trader says, “My bias is valid until invalidated.” They mark the level that proves them wrong , and when it breaks, they start over. No ego. No story. Just process.

The Psychology Behind It

Cognitive dissonance makes the brain rewrite reality to preserve ego.

You’ll see traders do this in real time, the perma-bear still calling for $12K while Bitcoin’s at $125K.

At that point, it’s not about logic anymore, it’s emotional survival.

Studies show that when faced with data that contradicts our beliefs, the brain activates the amygdala (fear center), not the reasoning cortex.

Meaning: we feel threatened before we think. That’s why bias blinds. It’s not stupidity, it’s self-preservation.

The Antidote

Treat every thesis as a temporary hypothesis.

 → The market owes you nothing, and you owe it no loyalty.

Set an invalidation level before entry.

  → “If this breaks, my idea is wrong.” Say it out loud. Write it down. Mean it.

Rebuild from fresh data.

 → The best traders don’t predict the future — they update their understanding.

Respect narrative, but trade trend.

→ Fed easing? Great. But without trend confirmation, it’s context — not confluence.

Bias is a story written by ego. Hypothesis is a plan tested by truth. One traps you in identity, the other frees you in probability.

So before you double down on your “conviction,” remember this: Every bias eventually meets its invalidation. The pros just choose to recognize it sooner.

All charts were created using TradingView

Thanks to this weeks contributions by:

@CastilloTrading on X

@TrueCrypto28 on X

@IncomeSharks on X

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