Some have asked me my opinion on gold & the stock market. I sort of already wrote it in other ideas a bit here a bit there but I'll make a clean separate one. I'll be able to show this to the bagholders that joined late and rage at me telling me I am sore I missed out, in a year or two. Make sure to replace "will" by "I think the probability of this happening is...
There all all these stages, 14 in total, but this is too detailled. Good to know and try to guess but no one is going to get them right. It is better and more accurate to see the market in 4 cycles, or 6 if we separate the top & bottom. Market participants go through those emotions every time, with stocks, gold, crypto. Speculation in currencies and commodities...
The moment I sell it will reverse Sure it looks like it's going down already (seconds after I sold) but it's a trick. I hate those. Was looking to short from the start, then drops out of nowhere, then never does the pullback I want and keeps going forever.
Markets trend. Those trends can be divided in 3 + 1 phases: Phase 1: Other names include Accumulation/Reversal/Wave 1 No one really know we are in phase 1 until much later. Phase 1 is very often followed by a deep correction. This was spotted by Elliot (from Elliot Waves) as well as Dow I think? From the market itself this appears to be true. We can see it...
Oil going to zero again Retail "investors" favorite Oil ETF, try not to laugh 😆 Stock market might have found a top Robinhood crowd all in. Some whales are too, a notable one is softbank, they made big (unrealized) gains but their investors are running for the exits :D They are going to destroy the US Dollar to "save" the stock market haha. The passive...
With the stock market meltup, and especially Tesla, and gold & silver, and negative Oil maybe too, there must be alot of beginners in the period. They come in waves. One of the first things anyone should learn is about areas of support & resistance. Learn to draw them, know that they are areas, the lowest (furthest away) half or even third of the area is the...
Bitcoin made a new high, after a very long drawn out pain market. And then it crashed. It would be about time now for it to go up if it will ever go up. Higher highs As opposed to lower highs More years of pain for the bagholders seems likely. If it goes up I'll just buy and make 2/3 of the gains they'll make (if they hold and...
Wealth inequality in the last 200 years has been the highest in human history. This is based on various records, estimates, and just a bit of common sense. And for 200 years the public has been looking for magic tricks that sound like "lose 50 pounds in 2 weeks with no effort". The public enjoys job security and have a government that provides for them, but does...
Alot of action from the price. Should I call it price action? This is already its own expression. Price action action? If you followed some of my previous ideas you will have noticed I missed out on USDCNH and it went way down. It could do a small pullback then flush down but I am not sure this is likely. Have the feeling USD is going to recover and I know to...
Big demand for indu metals. Or at least price is going up for some reason. Maybe suriv supply problems? Been following this one for a while. Could be a time to buy again. I don't even remember how many times I got in and out in the last 3 months. Not dozens either but more than once or twice. Anyway in general they (real world use metals) go up this year. A...
Tech stocks are more expensive than anything. Tesla, that builds electric cars using EV tech from 1800, that does not even make money is in the top 10 largest US companies. They have a massively larger valuation than several other car makers that actually sell cars AND have electric R&D budget even bigger than Tesla, AND better EV. Huge short squeeze huge retail...
The USA is getting worse, it is the wild west. GTA online that always has server issues must be down? And addicted gamers are going out. Imagining investing in this country and being bullish on their economy. Haha, regular people trying to be investors. > Terrorist US media (NBC/CNN) encourages to "continue the violence", world watches in horror...
Ah, cheap and great investment Wirecard just made a new low. Now is a perfect time to tell their story. Massive hordes of "investors" blindly piled on this hyped ponzi based on lies. And then they laughed at the bears and said they were mad they missed out. And then the CEO went to jail and it went to zero. The end. Thank you for playing. They say investing...
Ah the famous "free money" option sellers. Ah the famous strangle strategy. Option sellers. Ok. Naked option sellers. Sooo...? Way out of the money naked option sellers. Let me think... Way out of the money strangle naked option sellers. Getting good. Ultra Leveraged Way Out Of The Money Strangle Naked Option Sellers. Oh boy. Ultra Leveraged Way Out Of The Money...
I will introduce this by reminding that this is not school and not a 9 to 5 job either. No one will just hand over a strategy and go "ok go make some money instead of me now", there are a few strategy out there on the internet an never know one might have an edge, but it's not even worth it to spend hours looking for something. And makes no sense, "too lazy to...
> Powell set to deliver 'profoundly consequential' historical speech in a few hours, want to avoid becoming jp 🚀 *********************** Not in any FX right now, but using my sucker broker guaranteed stop or kickout options maybe it is possible to play this on both sides? You know I think the USD will make 1 big candle then go the other direction, I have some...
GBPJPY was in a weak trend. And after completing (5) with relative strength divergence it formed a H&S top and now the price is dropping. All indicators point to a weaking uptrend and reversal. By correctly identifying this pattern we are able to enter this short early on, because this is how you make money, you have to catch moves early before the herd. You don't...
Here are some of the most famous bets by the man that had years where he single-handedly made profits comparable to the annual GDP of countries like Chad, Zimbabwe, Haiti, and that is held responsible by many (delusional dunning kruger sufferers) for bringing down entire countries. ==> Thai Baht short right before the Asian financial crisis: SEA tried to abuse...