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We have to consider that it was a gap open day. So we either fill the gap, or just keep going. After the first huge up bar, it maybe looks like it will just keep running. The interesting thing was the first rejection at B is actually the previous day high, so it makes sense to reject there...

Honestly, I would love to see SOL pump hard, shoot past my BE, and then I can slowly scale out as it goes higher to take some profits, but for sure keeping a firm stop if it ever dipped down again. But it all depends on what the rest of the market is doing. If I do scale in with a double up...

I'm not too concerned with the money, currency, store of value debate. What we need is something to rebuild trust. The inflation schedule of bitcoin is very clear, and ownership is very easy to verify and transfer. I've watched enough podcasts to understand how its the hardest form of money...

Thanks for the info. I don't want to turn SOL into a long term hold, but would like to get out break even, hence why I'm considering spending another 1k in order to improve the average entry tremendously and hope for a bounce. The lower yield at a CEX doesn't concern me as much as the exchange...

If you end up doing lots of research on the history and role of money, your mind will be blown away. Money is really just a way to store value. We don't want it to do anything else. Until bitcoin came along, all other forms of money were imperfect in some ways. But bitcoin is the hardest...

I think many won't survive. Heck, even look at how the poster above said he doesn't think Solana will make it, and this is one of the top, top ones. I'm a bitcoin maximalist and think this is the only one to own. But these other coins can certainly have a good run when the conditions are...

Fine.... I give up... I'll stop pestering for today.

Every is waiting for 10-12k I think because its a high volume node, but I imagine the market will always screw the majority and force everyone to chase. On the flip side, I would hate for 10k to break, but even then, I imagine the amount of buying would be relentless. I'm of the opinion that...

But then how is your win rate so high? That's what I don't understand. My entries are shitty, and never exactly where I want them, so I can't really use my trading as a good example of doing things right. And worst of all, I never hold for a good enough profit, but will hold for larger...

And have you done an analysis on if this helps with entry criteria? (ie. does it help to get you into trades that work or stay out of trades that dont?) As an example, I remember when I discovered cumulative delta. On a first pass, I thought it was a magic indicator. If you can see all the...

Absolutely right. So much of looks like flawed decision making actually served a purpose in our ancestral past. Its also why women love men who are capable of violence. They don't want to be the recipient of said violence of course, but having a man who isn't afraid to kill if the need arises...

Exactly right.... but what kind of a guy is willing to take this risk when she is probably bitching about stuff that you think needs to be fixed by you being more attentive? Its something you can't really discover through trial and error because a lifetime is not enough experience. Even if...

@Rickshaw Man shows this often, albeit on a daily chart though, but same principle. https://www.elitetrader.com/et/threads/rising-price-falling-volume-not-bullish.367338/page-4#post-5613847

Agreed. I underestimated how women need emotional turmoil in their life. If you're a guy who makes life easy for your woman, she will find ways to bring drama. The geek needs to figure out how to bring this out within a woman. My main guy on Youtube says women need to feel like shit every...

So what is low relative volume at the mentioned time in relationship to the previous day tell you? And how is this actionable for a trade?

Not sure about this. If it was more logical, it would follow the idea that the market is always at fair value (forget the exact term). But if this were true, why so much movement on no news? Then the minute something comes out, it figures out quick that its way off side. If markets were more...

Just using it as an analogy. I find everything in life in interchangeable. Lessons about women can easily apply to trading, etc.

So low volume means an algo is more likely able to pull of a sweep of the orderbook? But you still gotta get the direction right and have your targets in place to hit because the opportunity won't last long.

I'm listening.... (or rather... reading!) Just saying that women are shitty communicators because they never communicate overtly, but rather, subtly. Direct is more effective, except with women I guess where being vague and cryptic servers their purposes better, like taking shit back later and...

If you knew how long I have been at this, I think you would conclude that it needs to be spelled out. :D You sound like a woman communicating in their secret language... never quite spelling it out! hahahaha... But fair enough... looking forward to the next chat!