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    The Mind & Trading

    Abstract It is indicated that consciousness is imparted to humanity through projection of divine coded Light that is crystalline, coherent and intelligible. It is further elucidated that Light is composed of consciousness particulates that manifest themselves as ‘units of consciousness,’ giving...
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    The Mind & Trading

    Nowhere in your quote did I say trading doesn’t require thinking. You need to find an opponent to take that viewpoint if you want to debate. Perhaps an algo trader.
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    The Mind & Trading

    Execution for me is just pressing the right key on the keypad. It’s more like sports memory than consciousness. Timing is the important part. To get it down you need to get straight who determines the timing. There are two choices. Only one of the choices has a consciousness. Most people get...
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    How much do you aspire to make per year trading

    Profit segments are the things between market turns. A typical day has at least 20 of them. Typical days are not trend days. The reason intraday trading is so unbelievably easy currently is because the profit segments are outsized. Catching the turns precisely is unnecessary. The middle...
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    How much do you aspire to make per year trading

    Okay, but that wasn’t a scenario in my post. I was looking back to days of 2 to 4 points ES as intraday profit segments. I don’t know how you extrapolate 4 to 5 point daily ranges from that. They were more like 10-20 point daily ranges.
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    How much do you aspire to make per year trading

    Which scenario? The first or the second? Or do you mean neither can happen? I think a post-1989 Japan scenario is possible—interest rates back to zero, or near zero, or negative; QE; expanded QE to include equity ETFs either directly or by proxy. That is, the Fed may follow the BOJ post-bubble...
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    How much do you aspire to make per year trading

    These days are extraordinary conditions in stock indices with outsized profit segments. Enjoy them while they last. Hopefully we don’t return to the days of 2 to 4 points ES being viewed as a decent intraday profit segment. At least not in my lifetime. But we could eventually see a Japan...
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    NFT Insider Trading Charges Brought Against Former OpenSea Worker

    It’s a bad look for OpenSea. There’s big money, VC’s, behind these marketplaces. Can’t let an employee go rogue and get away with it even if scamming is normalized in the crypto space. There’s even a cute euphemism for ripping people off—“rug pull.” Everywhere else it’s called fraud.
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    Mindset of Chairman Powell

    You are in Texas. Doesn’t sound too bad. $6.39 per gallon at the local Chevron here. Cost me over $150 to fill up my truck. Don’t know much about rents around here. Probably can’t rent a dog house for $720/mo.
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    Bitcoin = Tulips? Not So Much

    Sloppy work. Table shows four, not five, never regaining. All those eyes looking over the paper and no one caught this error. Their definition of a bubble is “a persistent deviation from fundamental value.” Why does it have to be persistent? Can’t a bubble be short-lived?
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    Position Sizing: How many of you Scale in & out?

    Keep reeling them in, Ken. No one should feel sorry for the fish you catch. If you don’t take their money, someone else will, right? And they have no basis to complain if they continue to suck. What do they expect? You’re not a miracle worker for Christ's sake. After all, you have your...
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    Tether collapse journal

    Transparency? What transparency? LOL Setting aside the fact Tether has never secured an audit, what does it mean that “All Tether tokens are pegged 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves”? This is not a promise to do anything. Also what is a “matching...
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    Tether collapse journal

    At the risk of misstating johnarb’s posts, Tether isn’t backing anything. Only select registered buyers can redeem USDT for fiat currency directly from Tether. Everyone else is left with the secondary exchanges like Coinbase. IOW, USDT is not a bearer instrument.
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    Position Sizing: How many of you Scale in & out?

    No collar for me when I trade. My daily fashion standard is jeans and a t-shirt. Add a baseball cap for when I’m outside in the sun.
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    Position Sizing: How many of you Scale in & out?

    Murray the turtle, I’m not quite understanding you. Day trading stocks is not the best way to spend your trading day. There are better instruments for intraday trading. That was my point. Notice I said nothing about Ken’s swing trading. If you derive your income from selling courses and...
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    If I Was a Trader, I’d be the dumbest Trader on Earth

    Reminds me of Wizetrade
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    Position Sizing: How many of you Scale in & out?

    You weren’t able to make any profits doing this pre-Robinhood. Even with zero commissions, day trading stocks after decimalization sucks. There are better uses of one’s time. Stocks are slow instruments. Not enough leverage. They are best traded at major turns, which do not come around often...
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    Celsius DeFi ponzi collapsing

    I know it’s hard. That’s what drew me to trading from holding long term. I still have scars from prior bears and crashes. Black Monday was a traumatic experience. Completely unexpected. It cast a pall of fear over the country to an extent I didn’t see repeated until 9/11. Market crashes...
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    Celsius DeFi ponzi collapsing

    I give you a lot of credit. Can’t be easy sitting tight on the wrong side of the market. It’s good to see you keeping the humor going.
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    Celsius DeFi ponzi collapsing

    Bitcoin is not going to save you from government laws, regulations and control. Wake up. If you make money with Bitcoin, you exploited its purpose. Be happy. If you got your ass kicked, learn from it and do better the next bubble. The system in place allows anyone to make money and improve...
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