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Omg somebody re-quote me for @almx before he blows up his account.. :)

I'm not treating them as different...I'm treating them as the same!

How is that not intelligent? You'd rather realize a loss? That's not intelligent... the object of this game is to realize gains not losses. :) Don't they say less than 1% of traders make money? And wouldn't you say that probably 99% of traders don't trade like me?

P look at my post and it shows you that a cup and handle is just part of the Elliott wave structure. So technically trying to trade a cup and handle by itself doesn't make any sense if you don't understand the structure which is why you guys have no idea when they fail and when they don't.

Lol it's a bit cryptic but sound. If you consider an unrealized loss a loss then that's the same as considering an unrealized gain a gain.

You guys are clueless as I just explained cup and handles technically don't even exist. They are just a part of the Elliott wave structure. So if you don't understand the EW structure you won't understand cup and handles. I posted charts with examples

Selling an itm call...not buying

Unrealized losses are not losses any more than unrealized gains are gains.

What??? Have I ever posted a chart that isn't projecting forward price? As far as I know you still can't trade in the past right? The charts below that aren't projecting a future price were just to demonstrate to the op that his C&Hs weren't technically sound...and that they are only part of EW...

(2008 ) Lambo. That's exactly what bitcoin does best..parabolic both directions. It's not a store of value or a currency. It's digital real estate. There are almost 10x the amount of eth to btc. If by take over bitcoin by market cap (10k todays prices) well who gaf...if take over bitcoin by...

I'll talk trading all day. I just explained why trying to trade C&H's is futile if you don't understand the wave count. :) Did @almx block me? lol...this is why some people will never learn...they would rather bury their head in the sand.

On what planet is that a C&H? It invalidates as soon as it retraces more than 50% according to the rules...not to mention its more of a V not enough rounding. Also, what you've done with the drawn in c&h is chart the handle of a prior, larger cup and handle. The C&H you should be looking at is...

You know its true what they say, people who can't do, teach. Any traders who can make money trading aren't going to be on youtube.

Well profit is relative...it guaranteed me 570 less in losses which is essentially a profit when compared to the alternative of selling at the open.

MARA avg cost: 1500 shares @ 19.75 Sell at open @ 18.57 = loss of -1770 Or Sell 15 AUG30 18 CALL for .93 = premium 1395 Adj avg cost: 18.80 @ expiry loss if itm: -.80 x 1500 = -1200 Did I not just arb myself 570? :)

I guess they say a picture is worth a thousand words...but I will just mention that I was in the position a few days even before I posted the first chart.

Yes but Ethereum doesn't do what bitcoin does better than bitcoin.

Buying doesn't facilitate the drop in price. If there were no buyers then price would just gap down. I forget what our point is lol....bitcoin has dropped over 80% twice, so we know how it cycles.

You respect his success in marketing himself? lol...I can't think of anything less deserving of respect. Anyway, I have bolded your problem. Gold has been outperformed by bitcoin by more than 5000% in just the last 5 years... and for that entire time your hero (Schiff) has been bashing it, and...

Even if that was true, that's a pretty sad brag when you consider Bitcoin and gold were the same price in 2017 lol.