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Trading Journal Spreadsheet: https://mega.nz/file/yOIjHKQR#tYetksEKyUxFMosOGf5hMD1FR3DydHohSS2b9lPebNM (Free)

2% max on any one trade, at least for a short term time frame trader....or even just 1% until you prove to yourself you win more than you lose. It goes without saying, that the wider the stop, the less chance you have of being stopped out, but you also drastically reduce your rr.

For me, just looking at that, the logical stop has to go a few ticks beneath the 'railroad' candles at 30. That is where the bottom was put in, That is where the high volume was put in, and where the aggressive buying was done, which probably means some strong hands were interested buyers at...

Oh yeah..I forgot about that little source of UNLIMITED buying power.

To claim that $Billion profit, Tesla would have to dump around 30K Bitcoin into the market. Ya reckon there is enough raw purchasing power to absorb that? Bitcoin is a very shallow market....hence the extreme volatility.

$33K on the Dow, and then a considerable pull-back...and then we will see. Western World comes out of enforced Lockdown over a Chinese lab created variant of the seasonal flu....furlough/stimulus cheques stop, many businesses go under....many smaller businesses find peoples habits have shifted...

Tesla....Elon Musk....US tech icons. Instrumental in US space program and roll out of 5G from space and other infrastructure. ...thus, 'they' make sure Tesla is pumped.... Nothing which happens in the markets has any bearing on reality, incase nobody had noticed. .....and look at Musk's roll...

Bitcoin will likely front run the correction, as the high risk high return Venture Capital guys will be the most sensitive to a downturn in Liquidity and dump their bags the fastest......Bitcoin recently has proven itself a better leading indicator for the broad market than AUDJPY.

You think institutional traders are in the habit of 'FOMO-ing' into to markets that are already up 1200% in the past 12 months, or do you think they are in the habit of making bullish press releases for the public retail investor to consume, giving confidence in a wildly over extended market, in...

Ok....Here is my prognosis on Bitcoin, which should be traded as a Penny Stock, with huge pumps followed by 90% crashes back down into 'value'. At some point, Bitcoin is almost certainly going to test $10K again, as that is the last area of sizeable support. I would not advise anyone to get...

Financialism is a parasite on mankind, that exploits our weaknesses, that is why so many get so utterly addicted to it and why it has grown into by far the biggest 'industry' on Earth, whilst not actually producing very much in the way of value. It is like porn to the libido or MSG or sugar to...

WTF are u talking about? This isn't a make money trading Bitcoin thread. This is a Bitcoin viable in the long term thread (because of the slow transaction times and perhaps the very high cost per transaction)? My original point, was describing the big Bitcoin Lie. The whole schtick about...

Hrmmm.... Bitcoin must surely be reaching it's blow off top not too far off from now. That has proven a pretty good canary in the mine for Risk On for some time now.... .....and this chart certainly paints a picture.

Ur stop should go behind some 'key level'. Usually a previous price pivot and/or market structure, which you are anticipating price to retrace into, and adjust your position size to match the amount u are willing to lose on each trade. The fact is, that most of the time, all your stop loss does...

Why would I want to short a bubble you fool? I come to the market to take other traders money off them, not to hand mine over.

The best part about all you 'new paradigm' mob, is watching you all squirm and scream (and some of you, kill yourselves) as it all comes apart..... It is just another bubble, exact same thing as we have seen so many times before, except this one is on a cocktail of amphetamine and steroids. By...

If Bitcoin is a store of value, then so were Tulip bulbs in 17th Century Amsterdam, which proved a tremendous means of 'storing value'......until one day they didn't. If you are going to conflate a massive speculative bubble, with a 'store of value', then there is no helping you and you...

Well, as a trader, you should know that in the long run, the majority are always wrong..... .....oh yeah, and Bitcoin now trades totally in tandem with US equities, and I have been noticing that it can even front run US equities the way that AUDJPY does....i.e. Bitcoin is a great big stonking...

My take on Bitcoin. Launched in mysterious circumstances by some supposedly lone geek 'Satoshi Nakamoto' as a free market libertarian solution to central banks inflating the money supply to death. 'Digital Gold', which would be run on a p2p system, consisting of all the wallets running the...

urghhh.....Volfix....another platform that handles orders the NinjaTarder8 way.....if market hits a target Limit order, without first filling entry limit order.....target limit order still gets filled....so ur entering the market where you planned on leaving the market, and in the wrong...