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You quoted me before I finished editing.

I'm sure a lot of people thought that buying bitcoin in 2015 was irrational, therefore was the bitcoin market acting irrationally? No it was acting exactly as you would expect considering investors believed it would continue to increase in price. Enron the same way...it was being hyped so the...

What?? I have road mapped bitcoins price movement since I got here. I bought BITO Jan19 16 Leaps in August knowing that bitcoin would rally in early 2024. I had the balls to average down during the ftx scandal adding more risk because I knew the rally was coming. I remember the agent on the...

https://elliottwave-forecast.com/elliott-wave-theory/ Understanding EW is an absolute must for trading... especially swing trading.

Are we talking wrong or irrational? Yes the market is made up of a bunch of people but the price got inflated because people who thought they were acting rationally kept buying into the hype, otherwise they would not be buying. Therefore the market is always rational since it can only reflect...

It makes total sense. It doesn't matter who is Potus, but it does matter when is Potus. You are hoodwinked every election season by getting sunshine blown up your butts. I know as a Canadian, every election cycle our main index MSI (maple syrup index) which contains the top 50 maple syrup...

The no downside is known as the election year phenomenon. btw moving averages are complete retail fodder.

This rally is nothing compared to 2020 which price more than doubled from $220 to $480. It must go up before it can capitulate and continue in a long term bull bias trajectory as it has since the beginning of the stock market. It can still go another 50-100 points too lol...it's not even half...

The market is never a irrrational. It's completely rational. This run that spy is on is simply completing the extension. Naturally it coincides with an election year which facilitates the extension further, as does the idea of interest rate cuts in coming. Once the election is over and the...

I allott only a certain percentage to single stocks...basically what my premium can surpass x 2 in a year in case of bk. So in CLSK's case my math tells me I can collect about 15k per year on 3 contracts, and after 48 days it looks to be on track, thus why I keep my allotted funds to about 1/2...

$6500 USD is the notional value of getting assigned..sry I had CAD. $2800 is what is statistically at risk based on the atr for the same time period. I do not get margin on CLSK. Yes I look mostly at return on risk rather than return on capital...capital allotted is just the price of...

Here are the results of my strategy after 48 days...obviously I would be scaling up at some point. I just wanted to mention that my spreadsheet outputs these results automatically, I don't have to update them manually. :) $8500 in capital ROR is 68% monthly, compounding to over 500%...

Come on Tao, that trade was many premiums ago. I am testing a mechanical trading system so I pulled the trade even though price was clearly going to drop. I don't think I doubled down...just let it go deep itm and then it expired otm. The reason I posted it was testament to not getting stopped...

What you should be considering is the markets determinism. Earnings reports can be forecast...even determined by cycles in the price action. People think that price reacts to news, but price is determined by Fibonacci cycles, so therefore news will facilitate what is necessary for the price to...

https://www.linkedin.com/pulse/fibonacci-perspective-emotions-ali-anani-phd It's all Fibonacci at work not swarming. Like at the supermarket or bar you get cycles of lineups and no lineups...one would think it would be spread out evenly. Why does your website reference murmation then? That...

That looks rough. I usually avoid stocks that have dropped a certain percentage from their ath's. You also have to be wary of a reverse split limiting any potential profits should price ever recover.

The PnL potential is garbage...puts are too expensive. Will be better if bitcoin drops enough to trigger fud and pick up some cheap calls. The price targets below would require price moving fairly quickly towards them too. Just eyeballing it for BITO, 28 looks like a realistic target for May17...

Which ones? I will give you my projection.

Isn't that just groupthink? This is already explained in Fibonacci so not sure what you're trying to accomplish but give me the stocks and I'll tell you the future prices. Also starling murmation is the result of sensing the shift in flight of the birds immediately around them...so it's more of...

Hey!