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Its amazing to see this progress, especially after your initial great runs at manual trading and then subsequent drawdowns. That equity curve looks pretty damn nice, an the fact that you have equal number of short and longs I guess means this algo can work in any market condition. (but perhaps...

I refuse to watch that Elio guy, but just wanted to say I like your post. He just seems too much like a shill to be honest. Maybe he has some nuggets every now and then, but so much crap on youtube is simply there for the ad dollars. Once you get 50k views per video or more, you are more than...

Holy crap schizo... is this your actual chart with order entry? Are you really trading 20 ES contracts and up $7.5k on that one trade?

Right, but point being, just based on the small sample size, the 200 day didn't provide a profitable trade if the idea was that it should be support.

Seems like just based on your chart, the last time price hit the 200 day at around 2600, it fell another 400 points!

Don't you think though that we have to think strategically about what would happen to the price of bitcoin as an example in case there is a run on tether? First, it could play out two ways. One is a gradual decline over days like Luna, and then a total collapse, but still giving you time to...

Oh, one more thing. I realize that all of this stuff might be degen ponzi scheme trading. But I remember a quote that Soros made. He said that when he sees a bubble, the first thing is does it rush into it and blow it up even further. It kind of makes sense. Most people will sit by and...

Yup, I saw your post on this. You are the master of this. I wish I could follow you because I think you do your research and due diligence, but I simply don't know enough about this. I'm sad for not participating in the ETHW coin, but perhaps I will get another chance at a low entry since its...

Wow, thanks for the transparency. It just goes to show you how difficult trading really is. As you say, the bull market would be a dream. If you get the right entry and watch bitcoin go up 20k or more, with one of those 20x futures, you're essentially buying bitcoin when it was in the 3...

A margin call is the last step before liquidation. If you don't post more margin, then the broker will liquidate your position.

Sure, and if you read enough Bitcoin books, you learn about the history of money. I especially like the era of free banking, where a bank only loaned out money they took in. There was no fractional reserve banking, and you knew the bank manager and paying back your debt was a matter of pride...

Is it so crazy to propose that the government can only spend what they collect? It gets tricky of course, and I'm no expert here, but unlimited borrowing is what got us into this mess so proposing borrowing again has to be done differently.

Yes, so maybe I shouldn't say that I expect a dollar to be worth absolutely nothing, but just that the value will very quickly drop in relation to all the hard assets, so that they do some sort of peg to protect the currency. I honestly really have no idea here, but when you look at debt...

I initially gave you a "like" for your comment, but had to remove it after @Scataphagos posted his chart. There is nothing like backing up a claim with evidence. Your reasoning made a lot of sense of course, but the chart doesn't lie.

I could be wrong, but I don't think you can say with 100% that you won't be wrong either. But I agree, lets check back in 6 to 12 months. If its gonna happen, it really should happen soon.

Actually, my thesis is that the entire world is still waiting to move in. We just need a push from the brilliant people at all the central banks to fuck up the fiat system even more. I have read enough, and watched enough videos, to understand that this debt based system is on its last legs...

You're missing the point. Yes, there was a large transaction, but how long did it take to accumulate that? How much of the liquid supply of bitcoin do you need to buy in order to move a certain amount on money? That is the question. With bitcoin being only about 400 billion market cap now...

Interesting, I have VWAP at 3773 and it poked just now.

Ouch, thanks for the transparency. Its almost like all you need is a tweak to keep out of big losses. But it seems like most of what you're doing is working.

Completely agree, but I have also seen the numbers of what these high interest rates are costing the US government on the debt, and there is no way to pay even these interest rates, never mind if they go higher. The difference is that in the 80's, we didn't have this high debt at the government...