Search results

...including the USD, of course. I don't need to believe in something to trade it. But that's another story. Arrivederci!

Erm... Freudian slip, my dear Pekelo. Who said I'm a bitcoin one-sided believer? A little voice inside your head, not me. Yes, I do trade bitcoin, on both sides, just like I trade almost 200 other assets with it in my portfolio.

Why, oh why do I feel the need to answer this one? Dude. I think it's pretty obvious that 5 years is short term. Look at this. The dollar has lost 96% of its value since 1913. https://comparegoldandsilverprices.com/news/economics-101/dollar-devaluation-since-1913/ Bottom line is that fiat...

Bitcoin is much nicer to look at than the US dollar. At least a bitcoin is not full of ugly, unilingual geezers printed all over it. And it is as usable as gold and silver, as it can be converted to fiat very easily. Bottom line is that is that the crux of investment is to never sleep on fiat...

Nihilism, eh? Interesting you mention the word. The dollar is printed by the truckloads like there is no tomorrow by a short term sighted government who doesn't care about its future and who will leave the mess to the next generation. The US national debt has ballooned to a point where it is all...

Worthless, fungible... That defines well the USD, or any fiat money. Your government prints boatloads of it. I miss your point, here. On which premise do you state that bitcoin is worth less than USD? Because it is not printed by the Federal Reserve? Let me remind you that 1 single bitcoin is...

Fair enough. I hate neither the player nor the game. Happy trails, Vincent.

No. You guessed it. Just like you can guess that Black's move will be e5 if White is e4 at the start of a game. This ain't no prediction at all. It's an educated guess. Nobody can predict anything.

This is a real work of art. :cool:

Nothing predicts anything, Saltynuts. A trade is just like a chess move. Your opponent is the market. In chess, for instance, if you've got this: 1. e4 e5 2. f4 You've got a potential King's Gambit. White offers a pawn to Black in exchange for faster development. Nothing, and I repeat...

Stop trading? I don't. Well, the systems which I design don't. If you need to get out of a certain type of market, it means that you or your system can't handle it. Where would you go with a ship that can't handle any type of sea? You would certainly not cross the Atlantic and discover America...

Hmm... "Joyful". The word sounds like a big gross insensitive eructation (in this context). Let's replace it by "conclusive". "Conclusive apotheosis". Much better now. Now we talk.

Well, I wouldn't go that far myself, but I certainly can say that these moves are to me like Friedrich Shiller's "An die Freude" is to Beethoven's Ninth. The joyful apotheosis of long months of Sartrean nauseous routine.

Trading these moves is as easy as trading any other move, Kevin. These moves are just bigger than normal, that's all. So you may still approach them with deep pockets if you want, but keep your arms short. Very short. :cool:

You seem to forget the old apothegm: "The disaster of one is the bonanza of another". Forsooth, it is rather arduous for a zebra to see the positive side of meeting a lion...

I view any trading system as a car. Leverage is the gas pedal, stop losses are the breaks, the balance between regression to the mean / trend following is the steering wheel, capital is the gas, the speedometer marks the % gain / period ... and risk management is the speed you want to keep the...

Job 41, definitely one of my favourite... "Can you pull in Leviathan with a fishhook or tie down its tongue with a rope? Can you put a cord through its nose or pierce its jaw with a hook? Will it keep begging you for mercy? Will it speak to you with gentle words? Will it make an agreement with...

No need to ask! I believe you! So we know for sure that it's possible to become rich by being an employee. But we still don't know if it's possible to become rich by trading, though. All right, gotta go now. Please do excuse my wicked sense of humour, ironchef. :cool:

Tell me, prc117f. How is the USD generated? Is it derived from the value of anything?

That's a lie. No penny stock went from $0.001 to $10,900 since 2009. Dude. I'm not talking about profit here. I stated a fact. Can't you discernate fact from fiction?