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How do you value something nobody knows how to properly value? I'm sure most players don't expect wild appreciations from BTC at this point moving forward. Those days are probably long gone. But a long term trend higher seems likely. Maybe $500K within the next 5-10 years. To make a quick...

I'm still a salty no-coiner, but I'm waiting here. Entering @ 65-66K versus 70K doesn't make much of a difference, so I'm patiently seeing if we can get a pullback here. When BTC have made new ATHs - typically we've seen more of a pullback than the one we just saw, so maybe I can get a better...

Why is it inevitable? And exactly what is inevitable? There are literally thousands of various cryptocurrencies and projects. No doubt many of these are superfluous and some are outright sh*t and will eventually implode. I don't think even the biggest believers of crypto will disagree with...

If you have to ask...you know the answer.

Deep pullback - check. Reversed off yesterday's close to the tick.

That was a great entry by accident. I imagine you wish you'd still have it on now. LOL. :)

70 is a potential reversal area, but I think this may have been it. I don't see why we can't print 4690 today, but let's not get too greedy too soon.

5.75 points shy of that gap fill below. May have been all we got below, but whippy morning, so everything is on the table still. Would normally be looking for 4680 + then if the LOD is in.

I'm thinking maybe a move down to the 4650 area today - rally back inside yesterday's range from there or continuation lower.

Are you talking about passive investing as in investing in index funds instead of managed funds or simply the general public's increased interest in investing?

I think that you can't rule out personality types and how different people deal with risk and putting their money on the line. I know fairly wealthy people who are extremely conservative and afraid to take on much risk at all while other people (like me) may be more reckless. Personally, if I...

Sounds like a plan, however, I fail to understand why shorting the futures contract won't. Isn't the volume sufficient to establish a short position?

For day trading I think it may be wise to limit yourself to one symbol. I trade ES since it's what I've followed forever, but I hear from other players that NQ might be a better instrument for scalping. The way you describe it seems like you're feeling lucky after winning and not really...

Great perspective!

I don't believe anyone in this thread said that? However, the point is if someone is exhausted after a few days of trading and needs to take days off, something is wrong. Day trading is a performance based activity, so taking the day off if you're not on top of your game makes sense. However...

What's wrong with shorting the futures contract, @RedDuke ?

If you find yourself being exhausted after a few days I'd say (day) trading isn't for you or you're doing something wrong. I would advise you to not quit your job unless it's blocking your progress as a trader. For example if you have a ton of research that you're not able to progress on...

Probably trading range action here for a while. Pull them in on both ends and then either pull the rug or rally hard. Leaning long, but who the hell knows...

Been a while since we had an Outside Day, but we've seen stranger things these last few years. If the LOD is in I assume we can see at least 95 + by the Close. Still seems kind of heavy, so if momentum picks up again to the down - maybe 4650? I have no strong read on this, but we're getting...

New leg down from here (83) or reversal back into yesterday's range.