Recent content by David's faith

Fellow traders, I want your opinion on this: is there a total currency debasement (hyperinflation) on the horizon or are we heading back to normal times after the recession?

There is another factor in this - how much stress can the (shadow) banks really burden if the air is deflating? Minimum equity requirements for banks are at an all time low for a reason. At this point it's about who has to bite the dust and who has to be printed out. Lehman Brothers dilemma...

there is a money printing press ready to print markets into oblivion and beyond in order to avoid just small drops (see Covid), what do you think they will do if a big drop happens? Exactly. Party like it's Zimbawe.

Their economy is weak, real estate bursting bubble, low interest rates, tight lending standards... Ladies and gentlemen, China will be a third world country again soon. Forget that powerhouse you thought it were.

Maybe not the biggest mistake but the most recent - not going more long on Kuros Biosciences when it became clear it would break even this year. Stock was 1.70 when I went in... Look at it now. Was the easiest and safest pick on my watchlist in a loong time

X3 is huge. Smaller sudden increments happen very frequently. Contact support. Might be a glitch.

When I saw it I thought uncle Warren must have died... Well, he sure must have almost gotten a heart attack when he saw what happened to his baby.

I recently saw a video on YT with the thesis: there is no dedollarization, there is a flight from western banks. They still want Dollars but outside the West where they can be frozen at a moments notice

Max Drawdown 45%... Ouch

True words. Though I guess it is not likely to happen for the US but far more for the EU or Asia.

It is still a bit early for that. Before the US has a civil war at least.

It is like short selling. It works until it doesen't.

After an uptrend has ended, expect a move sideways to down. This will be the hard part to trade. Because it is difficult to know the trend has ended and difficult to make money in ranging markets or to know how long it lasts.

So obviously everybody knows books like Best Loser Wins, Trading the zone. I find it quite difficult however to find the topsellers for trading meditation routines or tricks. The normal meditation books do not focus so much on letting go of emotions, more on calming down and finding your inner...