source avatarDeekay

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After 25 days of using First Take from @midasmarketsxyz, I realized something quite interesting: A 70% conviction doesn’t mean I’ll allocate capital to all three. Today, First Take presented three setups: TSM → Long 5x → +29% MORPHO → Long 4x → +74.4% XMR → Long 3x → +19.5% All three had a 70% conviction rating. But instead of jumping into trades the moment I saw that number, I now follow a different process: Thesis → Catalyst → Risk → Check the market → Decide. After 25 days, I’ve started being more selective about which opportunities truly deserve my capital. Because even with the same 70% conviction, these three setups tell three completely different stories. Different assets. Different structures. Different risk levels. Sometimes I enter a trade. Sometimes I keep researching. And sometimes… I skip it entirely. That’s probably the most valuable thing I’ve gained from First Take: It gives me ideas to dig deeper—not signals to blindly follow. For informational purposes only. This reflects my personal experience and is not a recommendation to invest, buy, sell, trade, or use any platform.

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