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A follow up to this is that one day, there will be a major piece of news that I think will instantly shoot the price of bitcoin very high. If I am to believe the data I read about how much bitcoin is going from exchanges to cold storage, and how many more wallets are always being added, you can...

I think you have to consider the actions of the FED here. They are raising rates like crazy, trying to undue the damage done since not only the March 2020 lows, but also since 2008. If the governments were going to stop printing and let the market decide everything, I could see a case for...

Do you not think that there is a risk of the bitcoin disappearing? (ie. hack or incompetence?) Exchanges themselves have been proven to be vulnerable to this, and I'm sure you know better than I how traders have become victims of this. I'm not saying Saylor will deliberately run off with the...

And how does government printing help? Then when everyone figures out part of the reason why we are in this problem, they will not trust the government again to go back to the old system. You cannot have governments magically printing up money and have full control over the monetary system...

He probably also thinks that all the FED money printing is completely rational and won't lead to any bad consequences. He must also believe that while living in Canada, and hence at the center of the biggest housing bubble out there, there is no need to worry as prices will only just go up. He...

Thanks, and no worries. Just saw that a while back you were interested in starting a discord so I figured if you were still in the mood to chat with other traders, I wanted to show interest since we are doing things similarly (I'm guessing based on your chart). But you're probably doing your...

Off topic to this thread (sorry everyone).... Its a shame that other thread was closed because I was looking forward to following more of your trade updates. Does a nice trend like today affect your profits or does it not really matter much since your hold times seem to be short and you're...

As sad as both of these were, the fact that they went down to zero sucks, but its not the end of the world. There are lots of stories that end in negative equity, and some with even a huge tax bill from the previous year and no way to pay it.

Fair enough. I'm sad to not be able to discuss it since your DM was extremely enlightening, but I respect your decision. Thanks again.

Off topic for this thread... but I wanted to thank-you for the DM. I can't reply to you though (maybe you chose this), and for some reason that "How much do you aspire..." thread is now closed. Any chance we can continue the chat in person? I'm fairly sure why you were building the position...

Oh I fully understand about how you have to set it up exactly for how you need it, but once again, I find it would be really useful to see the entry times as well to get a sense of how you're entering. With many of your trades lasting barely a minute, a perfect entry is critical. Since you're...

Shame to not see entry and exit though. :D These are some mighty fast scalps! I'm trying to learn over here how to enter more precisely.

It sounds to me like you are missing what I assume to be the most obvious reason. And this is that the market just did something else regardless of how good the setup was. If you will be shorting support like you said you try and do, can you really tell in advance which of the times the...

I couldn't agree more... In this context. But let's say the goal is marriage and a family. If she spends her life climbing the corporate ladder, to prove she is so smart, and then finds out that nobody wants to marry her because she is too old, then how smart is she really for not attaining...

If they are smarter why do they have to complain about how unfair the world is against them? Wouldn't they already have insured that they are always on top in every sense? I think many women now who have entered the workforce in order to be independent are starting to realize that perhaps...

One point I will reply to is this. Bitcoin was never meant to be a source of income, this is where you are having trouble. Its meant to simply be a ledger system of accounting. Money is just a way to store value. If I work for a wage, I'm converting that into something I can later use. If I...

He isn't afraid to read the book. He thinks he already knows the answer and isn't open to the possibility that he might be wrong. Its really a waste of time trying to convince him. He seems a nice enough guy, but at this point, I think he really is just wasting your time. I've learned in...

Shame you won't provide more details, but I of course understand. Can I ask though how discretionary your entry criteria is? (or perhaps its just automatic where you fire off the trade and whatever happens, happen?) Trading S&R is of course I think where the money is, but what I find...

Thanks for this. Its actually quite helpful. I see 21 trades with 5 losses, so lets call this a 75% win rate. This is of course very good, and even better that the average win is bigger than the average loss. What would be interesting would also be to know what the max drawdown is for some...

Are you replying to my post? You didn't quote it. It's not a silly meme. There is simply no substitute to doing the work. If you're gonna have open heart surgery, do you want the guy who has all the books and access to YouTube videos in how to do it, or do you want the surgeon who has done...