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Losses are part of the learning curve. I don't know why you are taking losses but maybe you are fighting the trend.

More seller than buyers. Those who want out for whatever reason have to lower their price to find a buyer. Who knows why they want out, you can't possibly know.

I have from time to time put some money with what I would call portfolio managers. Their firms advertise as Investment council and portfolio managers. Not really impressed with either as they talked a good line but didn't perform. How would you classify someone like Fisher? It doesn't seem to...

What does that tell you?

Is bitcoin a tax shelter? Who if anybody is keeping track of who buys sells or uses bitcoin as currency? If I buy a bitcoin and it inflates in price and I use it to buy Tesla, can anyone track it? If it is anonymous I can see why governments would be concerned. There must be some anonymity as...

Maybe you should change your focus from what the charts are doing to why they are doing it. Remember the answers is more buyers than sellers or vice versa.

Exactly, when you start getting stopped out on a regular basis it's time to scale back.

Does that include hedge fund managers as opposed to wealth managers. Where did a guy like Madoff fit in. Would you consider him a hedgefund or a wealth manager?

How does one figure out the number of bitcoin that are traded. I have a chart of $BTCUSD in TradingView. What does the volume represent? The number of trades or the number of bitcoin traded? Where exactly is it traded and who reports it? With stocks I can get a report showing the volume of each...

At the top of my page is an IB add for trading crypto. Damned if they don't look like coins. Ya think if they showed what they really look like, a bunch of ones and zeros any one would buy them?

The explanation is very simple for market moves. It's either more buyers than sellers or vice versa. If the media told you that they wouldn't be able to sell advertising. So they make shit up. Profit taking, the market is taking a rest or it got too far ahead of itself, Risk on/Risk off, once...

It's always easy to explain why something happened after it has happened. As for the pros knowing what is going to happen at best it's a lucky guess.

I should have remembered that. The Tech Wreck was the main reason I changed from an investor to a speculator. Yeah, I've got SPY up 22.5% YTD. I can live with that. I figure anything over 20% a year is OK. It's the target I aim for.

I wouldn't want to hold it in a down trend.:):) I can't remember the last 3 year bear.

Parkinson's is a bitch. Gotta be tough making trades. Have you looked into voice to text software? The trades you should be discussing, the ones that will be of most value to followers, are the ones where you learned something. That's usually the ones where you made mistakes. :)

Nobody lies to themselves more than an investor in a losing position.

And they still get paid for their expertise in managing your money.

I'd say that a pro is trading someone else's money and gets paid to do so. An amateur is the retail trader who is trading their own account. The difference is that the pro gets paid even if they lose money.

You'd have to have it over some period of time as I doubt the PM would be taking very many trades.

Oh yeah; The flakes are very small.