Same strategy. 4 options on how to manage trades. Can use anything from a really tight stop and win very often but small to a very wide one and rarely win but win big. Which method really makes the most money? Let's look at the numbers after 100 trades: Strat 1 with a ridiculous winrate and profit factor => 1 RR 95 Wins 5 Losses => Get 90R out! Strat 2 with...
Ethereum is leading. Bitcoin is looking so sad next to it. Central banks are interested in a new world currency, Russia and China have abandonned the USD, this year their share of the usd in trade has fallen below 50%! Last year they swore they would abandon SWIFT (lol I worked as a swift expert for a while they had some garbage 1960 system and 5-10 years ago...
I'm just going on instinct. I haven't had a red month in 2020. I even am winning on my wheat short when I have no idea what I'm doing. Why be careful? I have limited risk and I'm not using stupid size I'm not an idiot, but since I keep winning, might as well go machine gun and buy or sell anything I fancy. Some people will talk about "significant levels" "oh no...
Hey, I've been looking at grains a bit and I think wheat could be going down. On a pullback there is a good r to r. It is on a global downtrend and it convincingly broke to new lows on the lower TF. It sort of always goes down around this period Global trade & weather have a big impact I guess. Here you can see the past weather:...
They try to call it the new global order, or the future world order, or to avoid naming it at all. I like to call it the ❀~❀~❀~❀~ New World Order ~❀~❀~❀~❀ because this is how the conspiracy theory guys call it and it amuses me :D Go to the end of this idea for my predictions. Trump recently made a very interesting statement: We need to work on income inequality...
Gold Gold Gold Gold Gold Gold. Gold 👏 Gold 👏 Gold 👏 Gold 👏 Gold 👏 Gold 👏 Gold 👏 Gold 👏. Mainstream fake news CNBC noticed gold buuut of course they are talking about silver. Yes why buy the strong performer? Mainstreet is so addicted to poop. "Wow record low earnings and whole country on shutdown and down 70%! Give me all the airline stocks you have". I am going...
The second half of July was fun. But now it is over. It is either time for some vacations, or some research & self-improvement. Gold & Silver, Bitcoin, and major governement fiat currencies - usd pairs - are taking a break from their trends (if we can call this a trend for BTC). I do not think there will be anything interesting in the coming days or...
Bitcoin, like many other currencies as well as money, is skyrocketing, as us dollar holders sell to buy something else. Governments, wealth & pension & other funds, individual investors, they hold tens of trillions of us dollars. And they are selling for something else. Funds are well known to be absolute sheep. They FOMO. They buy anything shiny to not miss out...
Here are the best. Under 10 years it's too luck based, and even up to 20 years. So all the people on the list will always be old. Warren Buffet & Jesse Livermore started investing full time in their teens (Warren started at 8 but the track record starts later maybe late teens or twenties, Jesse started at 14 I began the track record estimate at 16), George Soros...
Let's take a walk together, near the ocean floor Hand in hand you and I Let's cherish every moment we have been given Cherish the love we have We should cherish every bagholder that gets decimated The collapse of the United States Has been long coming George Soros broke the bank of england to warm up before breaking the us central bank They cannot...
1- FOMC press conf: Brrrr. Brr Brr Brrr? Brrrrrrr Brrrrrrrrrrrrrr! *********************** Today (or yesterday?) the US central bank prolonged by 3 months the "emergency lending facilities". "Temporary". The ponzi scheme is going parabolic. What usually happens after a ponzi goes parabolic? "The Federal Reserve is committed to using its full range of tools to...
Introducting something I never saw anywhere, there is 3 market states. All the sideways trash which is some sort of limbo between phases is not interesting and falls into the 1rst category. ****************** 1- Reversal ****************** In all shapes and sizes There are all sorts of bottoms you can specialize in, usually I think chasing v shape...
And so he did. Legends fail And houses fall In great shame In elliptical ruins A king gouges his eyes out Forbidden love takes poison Tragedies repeat themselves In perfect circle As Colossus stands So shall Rome When Colossus falls Rome shall fall When Rome falls As Colossus stands So shall Rome When Colossus falls Rome shall fall When Rome falls So falls...
I wonder if it ever has been easier to make money than now. The herd of hedge funds that don't want to underperform the competition on a specific quarter and lose their clients, and brainwashed mainstreet sheep that watch tv, are all going in the same direction at the same time. Just sit in your underwear all day take a quick glance at a chart and clic buy or...
Ridiculous people think they have to act like robots to be good at this. I yell at my screen celebrate and chant I'm the best when I win and shout Bitcoin is a ponzi to friends all the time for fun. What matters is obviously the way they think and the buy/sell actions they take, with how it makes them feel or with logic? You don't get good by being Michael Myers...
1- Brilliant US rep AOC writes a bill for all LEO to wear badge with name, forgets to exempt UNDERCOVER agents *********************** What a brilliant woman, what a success story. First woman that made me blush. Because she's so damn stupid it's embarassing. There have been people with down syndrom in governments, and they were much smarter than this. There is...
The silver/gold ratio was at all time low, or at least lowest in 350 years, maybe in entire history. Here is what happened with Bitcoin: Maybe the price will hesitate a bit in this area before spiking up So easy making money chasing pumps and riding them short term while they rocket in a single direction Silver assets are all going up Here...
Crypto heavy this one is. 3 out of 6 about blockchain, 3 out of 5 really I always make 1/6 a useless / just for fun one. 1- Bubba Wallace does not manage to finish the NASCAR All-Star Open race and finishes 21 out of 21. *********************** Here's the for fun one :) Bubba Wallace that is now famous for being the victim of a door handle which he thought was...