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    Tether: What part of this balance sheet do we not believe?

    Out of curiosity, can you mention any more about what you're doing? I see you have been around since 2005, so a very long track record, and since you're just running algos, I imagine you're highly successful. Are you making a killing in the traditional markets (ie. stocks or indexes?), and...
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    Blockchain is Dangerous Nonsense

    Let's start from the beginning. When you try and answer the question of what money is, and look to the past for examples of everything that money has ever been, you learn that money is simply a ledger. Its a way to keep track of who owes what and to whom. A long time ago, these ledgers were...
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    Is price movement really random and unpredictable?

    You are entitled to your opinion. But there are too many old guys here who can't make money but know everything about trading. How much are you making from his insights?
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    Is price movement really random and unpredictable?

    Yes, that was exactly the insinuation. I will say this though. At no point did he ever offer to sell it to me. I think the idea is for me to arrive at the conclusion that I need this badly, and that I would have to ask him to purchase the chance to use it. Oh, and he also mentions how he has...
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    Is price movement really random and unpredictable?

    God no. But when we spoke, he did a "soft sell" by telling me he needs to go soon to pick up some money from his clients. I guess that makes a trader think that if other people are paying for it, it must be good!
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    Is price movement really random and unpredictable?

    I'm retail as well, but smart enough to know that what he shows is fantasy. There is a reason why he is on ET and why he sells algos. Would you waste your time here if you had his results?
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    Is price movement really random and unpredictable?

    The problem is this. When the trade supposedly works, you count up the profits. But when it doesn't work, the platform marks you as getting out at break-even or +1 tick. In real life it never works like this. Look at all your trades. I'm sure most have gone at least a bit into profit, so in...
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    Is price movement really random and unpredictable?

    Don't bother with this guy. If you go to his thread, you see many of us asking for live trading results, and get no reply. His system has no backtesting, and his magical algo almost never losses. Of course this is only possible with what I call "fantasy fills". In a live trading environment...
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    Nvda and law of large numbers

    I think about this all the time as well. Us guys who are perma-bears have been getting smocked for the past 15 years, so I can see now that it almost doesn't make sense to be bearish. Its kind of like that quote about forgetting to live if all you're focused on is not dying, which everyone...
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    A shareholder with 9 shares screws Musk out of 55 Billion

    Funny thing is that I read a breakdown of the judgment from a lawyer, and this stunt that Elon is pulling is exactly more proof of how he has the board wrapped around his finger. This is the last thing Elon should be doing if he wants to appeal because it proves that the board isn't independent...
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    Bitcoin Price Thread

    I watch most videos at 2x, and especially WBD episodes. Its crazy to hear him say that he thinks you only need a 1% allocation in order to protect your purchasing power. (ie. to protect $100k of USD, you need $1K of BTC) The way his face looks when he says it, he is so damn sure. Crazy...
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    Tether: What part of this balance sheet do we not believe?

    With interest rates this high, how is this a red flag? A bank of course needs to do something with the money, and the depositors want interest as well. But all the USDT floating around out there is happily doing so without having to earn any yield. Its almost kind of crazy when you think...
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    I love the transparency of this market....

    I'm super bullish as well. When we get to $1M, it will have passed the market cap of gold. This of course won't go unnoticed. All the property owners will also see this and wonder if they are holding onto a dead and depreciating asset. And when this happens, I think it also means there are...
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    I love the transparency of this market....

    Thanks for sharing this. Its really interesting to try and understand the different cycles and I would be exactly like you.... being upset about losing 50k, but down right horrified at watching 7 figures go down the drain. But here is the thing... I truly believe the next cycle will be nothing...
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    I love the transparency of this market....

    There is no need to increase decimal places. When bitcoin goes to 1 million, base layer transactions will be very expensive, so its not like we will need even smaller fractions of a bitcoin to interact with the base layer. I think the only way it will scale is with what even Satoshi and Hal...
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    which Bitcoin ETF does not hold real BTC?

    Peter also recommend BlockFi I think it was... LOL.... But I love Peter, and watch every show. Casa is the part creation of Jameson Loop, and the guy is fucking brilliant. I read everything he writes, and have no doubt he has his security practises down pat. I think River is also very good...
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    I love the transparency of this market....

    I'm not sure who you are replying to since I must have them on ignore, but I just saw a podcast with Preston Psych, and he felt very confident in saying you should only need to put 1 to 2% of whatever money you want to preserve on the other side of this, and "this" of course means the fiat...
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    Down to about $90k, where would you park it if your trading skills were trash?

    Out of curiosity, on what kind of time frame are you talking? It seems to me like if you plan to hold for hours or days, does it matter if you get into a trade a few pennies off? When the daily ranges are huge, isn't there enough to capture? Or if you're playing it tight, is it not possible...
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    Down to about $90k, where would you park it if your trading skills were trash?

    Thank-you for taking the time to explain, but I'm not sure if it makes any sense. Nobody trading the ES will say its easy, and desperation for something rarely turns out well. (ie. Women desperate for money turn to porn and it all goes downhill) Being mad at yourself for not making a certain...
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    Down to about $90k, where would you park it if your trading skills were trash?

    Can you share details about your amazing turnaround?
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