Search results

Congrats, you are at coin toss levels. Without listing the cumulative net $$ gain/loss, the win rate itself does not have a lot of meaning. Don't get me wrong 48% is fine as long as your cumulative net profit vs loss is skewed in your favor. With just a 60% up/down prediction rate you still...

Washington, D.C. — The Division of Swap Dealer and Intermediary Oversight (DSIO) of the Commodity Futures Trading Commission today issued an advisory to futures commission merchants (FCMs) regarding the holding of virtual currency in segregated accounts. The advisory provides guidance to FCMs on...

Gotta love this shit...

Another Listed Company joining the BTC as an asset bandwagon... Mode Global Holdings adopts Bitcoin as treasury reserve asset LONDON: Mode Global Holdings has allocated up to ten percent (10%) of its cash reserves to purchase Bitcoin and adopt it as a treasury reserve asset. The move is part...

So China wants to be first and have people in Africa using the digital Yuan as currency vs their own devaluing fiat or a volatile coin (BTC/Alt-coin) or a stablecoin that is not truly backed dollar for dollar. But in reality it will end up being people in India using a US Gov created digital...

I am not a Bitcoin true believer, I don't think fiat based economies are going to crumble and Bitcoin will become the currency of the world. I have heard the "backed by the US Military" argument but it doesn't really make any sense in terms of what people decide is an asset. Is Art backed by...

LEO SPEED: WHEN MILLISECONDS ARE WORTH $MILLIONS October 14, 2020 by Carlos Placido “Remember that time is money” wrote Benjamin Franklin in a 1748 book. The concept of opportunity cost believed to trace back to ancient Greek philosophers but popularized by one of the founding fathers of the...

https://bitcointreasuries.org/

Friday was the 4th down day in a row

All of them do

If an account has $10K and the trader is risking $5k, yes that's a 50% DD allowance. Which is crazy risk. But let's say by his expert trading ability or good luck he has taken that account to $15K. If he is still risking $5K it is now 30% DD allowance. One can extrapolate that out and see as...

He reincarnated as MrRenev

I second that.

No doubt the, almost ready to quit, meteoric rise, double or nothing, DotCom 2.0 stories do have an appeal. But 50% DD of your equity has nothing to do with the system/method one is trading. It has to do with being over leveraged. I hope now that he has hit a new equity milestone he begins to...

Here is the news on Reuters (the other was definitely jumbled by a robot) https://www.reuters.com/article/us-citadel-securities-sec-iex-group-laws/citadel-securities-sues-sec-over-approval-of-new-stock-order-type-idUSKBN27201E Can anyone say "Flash Crash" retaliation

I am always looking for deviations from some mean. Maybe it's just how I am wired. Here is a straight up example (a la Market Profile) of why I'll average into a position if the day's price behavior warrants it. 5 min NQ chart with VWAP and one distribution from the EU open (the second...

This confirms what was being discussed in another thread of entities using futures not just for hedging but for entering into the cryptosphere; https://www.elitetrader.com/et/threads/us-labels-cryptocurrencies-threat-to-national-security.351163/page-3#post-5224176...

Averaging into a position is done in all time frames in trading, from market making to long term holds. Often the the initial position is underwater for a period of time relative to the trade. Anyone who says that you can't profit from a strategy that averages into a position, whether it be...

This film will bring you up to speed on your google search results: https://en.wikipedia.org/wiki/The_Social_Dilemma#:~:text=The%20Social%20Dilemma%20is%20a,Davis%20Coombe%2C%20and%20Vickie%20Curtis. https://www.imdb.com/title/tt11464826/