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What are you talking about? I've had the ABC drawn in since Mar19 (.618 fib) because I always assume at least a single ABC. Yes I expect (C) to be around 60k.

The chart ABC was measurable since (A) which is technically 4 unless an ABC correction confirms at (B), which coincidentally is around the date of the post in the link. So its a bit a chicken and the egg thing, but essentially you can expect the move to (C) and the news will be inconsequential...

The drop happened because we started an ABC correction on Mar24. The drop was inevitable and measurable. It doesn't surprise me that the news starts coming out that facilitates the drop, but that's why I keep telling you guys that the market is determined not random, and does not just react to...

0-60 in 2.78 seconds.

You get retail jumping in during a hype like crypto meme stocks etc who get bored after realizing they aren't going to get rich over night...they don't usually lose too much as it was just a fun account anyway. Then you have retail investors who just dabble with diversification and...

No stops. No day trading.

Also, I just wanted to point out that when you're selling puts you're actually getting paid to be wrong.

Well let's just say I don't think math had as much to do with it as pattern recognition.

It's not what works all the time. It's just that support and resistance doesn't work at all. That's not what drives price action. When price blows through resistance in a WXY correction and stops people out; they don't understand why...they just complain how they keep getting stopped out before...

I'm using scientist as a term of smart people lol. Now if you are a financial scientist or mathematician at a high high level like the Renaissance fund, and put a team together yeah, that's a different story. Although I'm fairly certain they used fractals, EW and pattern recognition combined...

If you're making money in stocks, you're not going to say I've had my fill and go back to being a scientist or helping the world lol. Smart people typically don't make money in stocks. If you're talking finance, that's their business. Of course, if you go to Goldman Sachs you're going to find...

Lol. I think what's more accurate is these smart people think they can come and beat the market, get their asses handed to them and go back to their careers. I've always said you got to be a little bit stupid to make money in the markets.

Definitely less profits

How much do you pay in fees per trade? If there are no fees I'd be scalping all day long, but f*** fees just kill it. I don't mean I'd sit there all day long, but I'd like be eating a sandwich that I'd wander in there and pull a quick trade. Yeah, kind of like a video game. Maybe I should open...

Actually it was three lots and I'm getting wrecked right now with some open puts :) but this strategy I'm employing is for premium so not charting at all. Just eyeballing it I knew I'd probably be giving some premium back, but it's more important to know the system can work in the worst case...

The reason that happens is because support and resistance lines are bogus. They don't work. Same with moving averages. If they worked then everybody would make money in stocks. 99% of traders use support and resistance and 99% of traders lose money.

I'm only into the etf's now and waiting to load up on BITO Leaps.

NVDA is small potatoes compared to bitcoin.

https://nexo.com/borrow https://nexologist.com/credit-calculator/

Its a trick question, you should have put the 100k in bitcoin last year after the ftx meltdown and you would now have 412k :) (you get my point)