This is an idea about having a good thought process. The image of a sniper is often used. In the cover of the idea (screenshot at the end in case it does not display correctly) I put a few examples. I have not seen this on the internet and being shown by course providers, and how could they know, the internet is full of get rich quick with 5 minutes a day feel...
This is the type of inflation that the masses ignore, that happens while they cheer at Chavez stimulus checks. Look at images of Venezuela 15 years ago, so many smiles, so happy crowds. While Germans were carrying buckets of cash and starving actually farmers were doing pretty well, they profited greatly. Probably for similar reasons the clueless revolutionaries...
What do you think of my list? Someone I forgot you'd like to add? Isn't it interesting what these lists are made of? Investors ===> Every single one wise & patient. Speculators ===> Every single one genius level IQ. Day & Swing traders ===> Literally all village idiots & trolls 🤡. Brokers ===> Every famous broker is a crook! One may want to draw...
Looking at the numbers helps us figure out what goals to other market participants have? Do they rollover their positions alot? How far do they project themselves? Do they hold for months of exit after just a few days? We can see the volume of Oil popping off when the expiry is close as traders, for example terrible ETFS, close and re-open the next month and I...
The quotes with a bit more detail and context: About active stock trading & related courses: If you take the modern world where people are trying to teach you how to come in and trade actively in stocks. Well I regard that as roughly equivalent to trying to induce a bunch of young people to start off on heroin. It is really stupid. And when you’re already...
It could be the beginning of one of these explosive trends up. Remember what happened last time On the way up there were plenty of very small pullbacks If indeed Bitcoin is about to skyrocket then the price is not expected to just collapse down. A huge payout is possible, 20R.
What is Golem Network Token? Golem (GMT, ex GNT) is an ERC20 token (recently migrated) that can be used to buy or rent computing power, which could be useful considering how much computing power is out there, without being used. It could greatly benefit society, reduce waste. There are companies, governments, or individuals that need to run computers to process...
Many did not believe me when I let them know in 2018-2019 Bitcoin would collapse and they WOULD sell. It did find their breaking point. A handful got lucky and survived, but the majority got wiped out. If they had not sold it would have continued forever until they broke or the price hit zero, which ever happens first. On the way up, same thing. We had a recent...
Taking AUDUSD as an example here, the spread is not the smallest relative to ATR nor the largest. The formula to get a breakeven winrate is 1/(1+reward/risk). Because we want winrate*reward = loserate*risk <=> winrate*reward = (1-winrate)*risk <=> winrate*reward + winrate*risk = risk (never 0) <=> winrate = 1/(1+reward/risk) For example with a 20 pip stop,...
First of all you are going to quit your 5 minutes charts. What is this? Day trading? If you are a day gambler I have a few words for you. It is the most obviously stupidest scheme I have ever seen. Not only retail day trades this is true, there are some institutions that day trade Forex too. The pros. The big boys. Not a single one of the "pros" makes money day...
If gold makes it to 1765 this is the list of possibilities: -> Reverses hard from there -> Sideways then up -> Sideways then down -> Pullback then continues up -> Continues up straight line -> Fake breakout then crashes If gold makes it to the top of the channel that would be $1850. Each has their own opinion for my part I was convinced gold would bounce,...
This is not really my thing but I want to look into these correlations First half of my risk is in crypto and they are all correlated. Is it also correlated to the S&P? Not really. On the way down the S&P did not drag Bitcoin along. There is no correlation at all with gold, all good. The FX pairs are a bit correlated but half size each (for now). So apart...
Investors merely embraced euphoria. I was born in it, molded by it. Bitcoin went from 1000 to 20,000 during the Trump MILD bull market. You ain't seen nothing yet. Market was full of skeptics, afraid to go in. That was far from euphoria. Many of you and myself did not experience real euphoria, the dot-com bubble, we weren't around paying attention, most of us...
Markets in general sort of always manage to find the nobs breaking point. After big rallies, some may say bubbles, what is known as "dumb money" is attracted, and you might hear that "oh they don't mean dumb in that sense" if you believe this bs you know you are one of them. Where does this experession come from then? They used the word dumb but without meaning...
It's always similar to someone falling from the 25th floor. Everything is fine for 24 floors. Ignored. You can hear flies, then noobs all get excited and push each other to bet he will die after he hit the ground. Actually not even, they hesitate, they are afraid, they want to be real sure, so they wait till he is declared dead at the hospital and rush to bet he...
The price made the typical sort of bottom you'd want to see in an uptrend If we look at the 4 hour chart this is what we got: Grains are at ~7 years highs Precious metals are at ~7 years highs, have been for a while now, with the exception of palladium indu/precious, up what maybe 300% from 7Y highs Copper is, Nickel was, Tin is, all at ~7 years highs Lumber...
When something goes up 10,000% but it's still better to short it because you get big funding and huge risk to rewards... It's disappointing but it is what it is. Can take a mild bet that it bottomed, it will go up so much eventually it's ok to take some small losses even if this is not the bottom, and I doubt it is the top already. If you checked my last ideas, ...
Anxiety! After 7 months of denial bulls are at a key point. Checking the volume, price action, and COT, we can CLEARLY see that ~1500 is a price level where the big banks are buying In ~June 2019 the net longs more than TRIPLED, then later on that second bump I marked on the COT chart, they went from 275K to 375K. The price action does not make it look...