1/ Short thread on what we're likely to see *if* James Wynn's monster $1bn position is liquidated.

https://x.com/0xLoris/status/1926061915563770094

Quoting Loris (@0xLoris)

james wynn the absolute maniac is back at it again

we are 2% away from liquidation…

every single 7-8 fig trader I’ve spoken too has some form of PTSD from crypto

most of them have had insane comeback stories, with each failure strengthening their resolve

without the losses or the ptsd, it’s very easy to get carried away on a winning streak…

This guy @JamesWynnReal is straight up addicted to gambling. Couldn't even go two days without heading back to the tables to bet.

I say this with love, and as one of the very few who has opened a 500m long and understands the psychology of the situation…

Growing a small port is not easy.
You want to grow your $500 > $10,000 and realistically, it's only a 20x

You see everyone making big PNLs yet you don't see any progress.

Here's what I'd do in managing a small port + becoming more profitable

you didn't lose because you were wrong.

you lost because someone better used your idea against you.

your setup didn't fail it just got harvested.

trading is adversarial.

and most of you have no clue who you're up against.

heres why and how choosing the…