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Correct. Not a crypto winter ..just the correction before it blasts off to new aths.

If you want to talk pure leveraged trading, I earned about 2.5 bitcoin back in 2020 on Prime XBT and Binance. I liquidated everything in 2021 and I bought 100k dogecoin with the left over 5k or so. It was just a throw away trade, and I had no idea it had gone from .05 cents to .44 cents. I...

5k to 50k = Lotus Evora :) What return is that?

I called the study stupid...only included the video because there was no link posted. Anyway, I wouldn't even bother if I didn't return at least 100% of my investment...27% lol...some dividends almost return that. Competitions generally don't attract the most talented participants so much as...

No I'm not in SPY...better use of capital. I wouldn't touch it up here either even if it could run some more. I don't have a portfolio...I have one off, all in trades.

100 trades? That would take 100 years :) For example the trade I'm currently waiting for I will start legging in sometime around May-June and then again in the fall if it double corrects. I would probably be going all in on the trade as it is an etf. This is why I've had so much time to troll...

Potential bottom. I'm buying at certain levels and I know how far each level can potentially go. If you don't understand EW this trade won't make sense to you. Have I tried this? It's the only way I trade...it's the only way to trade. You guys trade retail style like every YouTube video sells you.

I don't need to for reasons specified that stops are only effective intra day and these trade are multiple months long sometimes. Stops would have little effect on the overall strategy anyway so might as well just ignore them and save in fees and incremental losses. The reason you guys have no...

That's my happy place waiting in the weeds. Capitulation is a longs best friend.

Not likely, and how many times are you getting stopped out? You are assuming you are getting the bottom or near to it. You could get stopped out multiple times at the same level. Also, the last stop out might recover before you get back in. You guys claim to be loss averse, but your solution is...

If you are going long and find out 10 minutes later that the trade is short long term your TA is suspect. Yeah you could short the different legs of the correction but it's not worth trouble. Just load up and blast off.

Well first of all you'd have to be willing to buy during a downtrend or during a capitulation. Secondly, you'd have to be nailing the bottom because if you get stopped out continuously on the way down to the bottom that's going to equate to losses adding up and your cost basis increasing.

How many times do I have to point out that the example I posted wasn't a trade, it was showing the outcome of averaging down if you entered at the worst possible time. I'm a bottom dweller always have been and if I'm loading up the bottom is in. Now the short put I sold I knew price was going...

I just want to elaborate that I am wrong all the time in the sense that I am early...however that is by design as there is no way to determine if it will be a single or a double correction. All it means is I am legging in longer and accumulating more.

I'm sorry, are you driving a (2008) Lambo? :) The hypothesis isn't average down because price went against me, its load up because price went in my favor. You guys still don't get it. I WANT to accumulate as many shares as possible. Nothing worse than nailing the bottom and price takes off...

The stop loss didn't stop a loss, it guaranteed a loss. As mentioned there is no right or wrong as you see it in terms of ego. If you are right you accumulate less shares, if you are wrong you accumulate more.

Why are you stuck on this 28 delta? Who even talks delta when referring to stocks lol. That was a worst case scenario entry. There was a study done picking worst possible entries since the great depression and it proved that buy and hold was the most effective method. Averaging down would...

That's a good looking chart to me. So much long opportunity and potential.

You guys, this is hard for me to explain because you all don't understand the intricitities of EW. I have had to dumb it down to basic C&H. I don't see the market in trends, I see it in motive waves, and corrective waves. Every ABC/WXY correction has fib levels which are used in picking entry...

You're all assuming this is a mechanical system. I just put the worst case scenario to show that it works in the worst case scenario. Obviously I'm not going to be buying at the top and averaging down from there. There is some skill still involved in TA. Typically I'll start buying when everyone...