Don't you dare looking at this chart .. this is just as bad as all the others. Warned ya' This seems to be a company that makes it possible for people like me to buy some friends: PAY to get some PAL s, or maybe it was PAY your PALs. I heard that if one does not PlAY nice they'll rob like $2.500 from you .. or your PALs ? I don't know, maybe I misheard .....
"Long" Term does not imply "going Long" mind you .. just means .. eh .. like much time .. Made a nice "Fib", they seem to be important to 'Traders' and 'Anal-ysts®' (not to me, sorry), I just draw that humbug in here because all my other IDEA's usually have pretty empty charts (see some lines further below .. ). Just saw an elaborate IDEA about 'stuff' the...
Am I really doing this ? Yes I apparently, evidently and unilaterally am. Let's do the mother of all fu©k ups and 'assume' a trader has put savings in LUNA right before it dumped. (not even really an 'assumption' people do this constantly) $1000 worth at $100 entry price .. that is 10 'shares'. probably panic sold well before the dead corpse (probably one...
Why not start with a nice clean (blank) slate (chart) .. just to make sure people move past and ignore this post immediately. .. something with books and covers There is so much Fear, Uncertainty and Death in the markets RightNow. So much Doom 'n Gloom. So much Fear, EXTREME FEAR Let's bring some light into the souls and warmth to the hearts of retail. Let...
Trading in its basis is extremely simple. Next to no knowledge is actually needed .. yet most seem to fail to understand or ac knowledge (the irony 😂 ) this. Knowledge can help .. but it's not a must (plenty of examples out there, traders that (think they) 'know' tons of strategies and indicators yet fail to produce any meaningful amount of money but also...
For my amusement .. checking back in a year or two
The more one masters psychology, the more one understands the Universe. 'Nicola Tesla' once made the fairly well know and often quoted comment: “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration." One can only wonder what Nicola truly 'saw', 'felt' or 'visualized' or for that matter meant by this. Yet, all the...
Last night i had the weirdest dream about Bitcoin (seriously) I dreamed Bitcoin was going fully parabolic all of the sudden, FOMO in full effect, everybody was buying, trying to take profit only to re-buy immediately, within seconds, couple of minutes tops it went up to about 630.000 to 640.000 $. (something like this) It hovered there for a moment and then...
Looks to me as if Coke does the opposite of what it did 1998 to 2006. Spiked (pun intended) during last 'recession' (2008) The widening rising channel suggests drinking water this time. Maybe Cuba-libre afterwards ?
The valuation of the Dollar or Euro depends on how strong that economy is compared to others. How strong that economy is depends on many factors, trade agreements, war's, treaties, big deals etc. etc. This chart tells you basically ... nothing ... Except that under Clinton and Obama the Dollar was stronger compared to Euro, it looks like it might have to do...
I usually don't do these kinds of posts but with everyone acting out their corona-induced panic-mode .. why not join in the fun. Ripple is one of the biggest in the crypto industry with an enormous list of (potential) partners, (trying to) give swift a run for their money. XRP is just one part of their business. There have been quite a lot of struggles with...
Bitcoin falls .. Doge's gonna rescue the cryptomarket
Today, in our new series of ridiculous charts, we look at XRP. It has come to our attention that there is an article, written by: "a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing" that addresses the possibility of XRP rising to $ 692 in 2020 (or...
I have talked about why BTC is not a Ponzi extensively in private chats and some charts comment-section in the past (which for the live of me, i can no longer find?). The subject keeps coming up so here it is for future references. A Ponzi/Pyramid scheme pays older/initial "investors" with money from newer "investors" - at some time one runs out of "greater...
It is often said that being emotional and trading is a bad match. Much of what we can observe in the markets is exactly that, emotions. Some random virus showing up out of 'nowhere' that gets extremely blown out of proportions and is used for whatever agenda .. BAM .. markets react with full blown panic. President-candidate A says this or that .. BAM .. oh no,...
Introductory Warning: This is long (at least for my doing), it is not directly related to trading, instead this is about MY journey, why am I here, how did I get here. Maybe you can take some lessons from it, maybe you recognize yourself in it a bit or maybe you just feel the uncontrollable need to make fun of me in the comments in order to hide your own...
Only a little over a month left and we will put 2020 to rest. The greatest year ever, it was huge. What could possibly go wrong in one month, right ? I am sure 2021 will get much better (mark the date in your Agenda ), all this nasty stuff that is behind us will transmute into GOLD as if by magic. Lest we forget, all that glitters is gold Enjoy the pretty...