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  1. O

    How do you legally trade/manage other peoples money?

    Let's say you have a good track record and you have investors ready to back you with capital. How do you even legally manage that? What is the cost of compliance? What is the minimum amount of money for you to manage to be worth it? Can it be 100k-1M$? Do they just send you the money, do you...
  2. O

    GBPusd long?

    Everything has been getting REKT pretty hard against the dollar, but GBP seems to be one of the strongest out here. Could be a very nice long here *MAYBE*.. That is, if dollar makes a short term top. If it continues to rip, no good.
  3. O

    Why are you trying to achieve the impossible?

    Trading is a suckers game, but suckers differ in the degree of experience. Not taking responsibility, dwelling and feeling sorry for yourself. I seriously don't imagine how could one trade successfully with such mindset????
  4. O

    Why do traders fail?

    It takes years and thousands of hours and lots of lost money to become consistent. How many are going to perservere the 3-5 year learning period, where you are a net loser. It costs you money, time AND sanity. Very few people can actually afford this and even then, not everyone is willing to...
  5. O

    Why not use call Options in a bull market? (BTC/ETH)

    FTX has options on Bitcoin. I never traded them, but you set your own strike price and expiration date and you get quotes/best offers from market makers. Found that to be neat.
  6. O

    Are cryptocurrencies SERIOUSLY undervalued? ENTER ALL CRYPTO MARKETS

    I say the market is undervalued based on technicals, based on the one and only true indicator - price. You might not like it, but the price is always right. The opportunities in the crypto markets right now ARE INSANE. I wish there was a prop firm like Alefbit was, non-leverage trading for spot...
  7. O

    Are cryptocurrencies SERIOUSLY undervalued? ENTER ALL CRYPTO MARKETS

    By the way i am looking for a sorts of a crypto proprietary trading/portfolio management - if something like this exists? I was trading demo for 3months on Alefbit and got 30% returns, but apparently they didn't raise enough funds and shut down, so i didn't get to trade real money. I'd be...
  8. O

    The #1 Cardinal Sin of Trading is...?

    For me it's getting killed/distracted in chop(lower timeframe noise). I find bigger picture trades, but then i change my mind based off low timeframe noise,flip bias....
  9. O

    Are cryptocurrencies SERIOUSLY undervalued? ENTER ALL CRYPTO MARKETS

    Crypto cycles 1-0-1: Bitcoin forks pump(BSV, BCH). Those are Bitcoins, not altcoins. Fake, useless coins, given for free to BTC owners. Same people controlling majority of BTC supply, thus also have BCH and BSV...They pump first, every time and are used to take valuable, liquid, bitcoin off of...
  10. O

    Are cryptocurrencies SERIOUSLY undervalued? ENTER ALL CRYPTO MARKETS

    RIGHT IDEA, WRONG TIMING. DAMN!!
  11. O

    What were your expectations when you started trading?

    Very important to keep in mind the market conditions though. The way markets are right now, you couldn't have lost being on the long side. And conditions change all the time. This is the finest of the bull market. Everything is going up. This is NOT normal. And it will change. I think a lot of...
  12. O

    What were your expectations when you started trading?

    What were your expectations when you started trading? Did you expect to make a lot of money quick and retire? Were your expectations realistic? What was it like? Anyways for myself, i've made some money in the bull market just by holding, strongly believed TA was vodoo stuff so i avoided any...
  13. O

    Anyone working for Alefbit - managing crypto portfolio?

    Update: Apparently they haven't managed to raise enough capital and are shutting down their operations I made slightly over 30% in 3months on their demo & according to those rules... But it's useless now :confused: Does anything similar exists elsewhere? I liked the idea.
  14. O

    BUND - potential nice long setup

    It has already dropped hard and now it's kinda broken out on the daily. Also on weekly, it kinda looks like SFP - no weekly close below the swing low. Looks bullish on weekly(for now). Also expecting correction in stocks, just from a quick glance, bund topped when stocks started to rally. So...
  15. O

    Are foreign indices next? DE30EUR

    I'm bailing out of this idea. NOT long anymore. Might even short it instead if proper opportunity arises.
  16. O

    Is OIL SERIOUSLY undervalued right now??

    I know!! You are right!! The only thing is though that the plan was perfect and it was posted in foresight, so that part is not "woulda coulda shoulda", now onto actually executing properly, holding the trade... Now that's a whole different story! As the quote says, the man who can be right and...
  17. O

    Are foreign indices next? DE30EUR

    I think the news are favorable for more upside. Fear is in the air, people calling WW3 and what not... Bull markets climb the wall of worry. But i agree that the situation is worrying. I don't think it will continue for long. It might as well top on me, but i like the setup and am taking it...
  18. O

    Are foreign indices next? DE30EUR

    Foreign indices haven't even made new highs yet. US stocks have ran hard - and are still running. I just went long high leverage on DE30EUR/DAX. i want LITTLE to NO downside on this trade, else i am probably wrong and i will bail for minimal loss. The premise is it will follow the SPX and make...
  19. O

    Is OIL SERIOUSLY undervalued right now??

    FU*K, one has to admit this was one hell of a trade. But it's really really hard to execute it properly and then hold onto and sit tight. I've had many similar situations and i always took profits way too quick for the sake of it, and never made serious money... Jesse was right. “It never was...
  20. O

    Are cryptocurrencies SERIOUSLY undervalued? ENTER ALL CRYPTO MARKETS

    I am now back my friends! I had been too early back then, but i think right now could be an opportunity to long cryptos like we haven't seen in a long time! Bitcoin, tron.... Pick your poison! I'm longing here like never before. Bear in mind, RISK IS CONTROLLED. But the risk is so low and the...
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