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I'm confused, you say no edges, but that you found one. Does the one you have not come up often enough so you need to find more to give you more trades?

All this makes sense, but its just crazy to think that gold is still cheaper today than 10 years ago in 2011. What else is cheaper than 10 years ago!!!

Actually, what they need is a central bank digital currency that they have control over to run things. If its a decentralized coin, like BTC, they can't have any control. Once some sort of government coin is ready, then it will be in their best interested to attempt to outlaw any other...

If it was down 90%, it might almost be considered fair value based on EPS and their market cap in relation to how much share of the car market they actually have. But this doesn't mean it would rise, or that it couldn't fall further, just that maybe the stock price would maybe make sense.

So is it fair to say that your opinion about the market only changed after the drop into closing? I understand that you would have hedged the AMZN trade if you logged in early enough before the close, but if you don't mind sharing, what changed that makes you now say equities will go a lot...

What's funny is that looking at just this chart, and looking for a similar pattern before with a big bear bar that closes close to the low, you see that on Oct 30 and Jan 29, both of those bars were followed by a nice rally. Perhaps there is something materially different this time given FOMC...

Excuse my ignorance, but how do these two statements not contradict each other? (please go easy on me!)

Said the guy who has called out over 30 trades live that each seemed to have hit the target. Granted, some did go heavily against you, but there is no doubt that the entries and exits posted in real time were 100% winners. So if you aren't rich yet, why not? Even if just trading a few micros...

Can you even forecast the direction of the move if you knew the CPI data right now? If its high, will that make the market tank, or will it be bought up because nobody wants to stay in cash? Economic numbers, now more than ever, don't mean a damn thing. Bad numbers are good for the markets!

Further to this, I would also like to add that I do fully believe in free market capitalism. The last thing I want is for the governments to come in and make rule after rule as if they are helping things, because they in fact make the situation much worse. So this would mean that interest...

Excellent replies, thanks! So do any take any 123 setup on the 5 minute chart if you're around, or do you have some other filter?

Great trade! Three questions if you don't mind. Where does your red "resistance" zone come from? Is it the series of lower highs from yesterday at 4210, 4207.75 and 4206.75? Your support zone seems to be simply 2 swing lows on the 5 minute (albeit the 2nd one is a quick rejection). Or are...

Ugh. My god, I wish the cryptos would just do their thing with the likes of Lindsay Lohan or Musk having to pump them up. It actually makes it much less appealing if the coins need a cheerleading squad.

I like this quote, which is also in the headline: Saylor: "Everybody in that meeting, including Elon, are passionate believers in decentralization." I find it kind of ironic that for Tesla to have become so successful, it needed lots of government support, which is a centralized entity with...

I don't follow him enough to know how much of the work he does in these companies, but I know that the Tesla Roadster came about from a car called the T-Zero which I followed closely. Tesla just built on that after taking over. Elon might as well be like Zuckerberg who exploits things that...

Interesting video. Its funny how the more I study the economy, the more I see that every story has both a positive and negative angle. 50% of the world population can literally be killed overnight and the news in the morning might be positive because of how this will be beneficial for the...

Thanks for your kind words. I think you are a stellar poster here and no matter how much we disagree on some topics, I have always found you to be honest and genuine. Its a very small amount, so doesn't matter what happens. The boat to make 100x has clearly sailed, and going forward its just...

Worst of all, the governments actually make it sound like they care about housing affordability. If they cared so much, they have the tools to fix it. Truth of the matter is that they are deathly scared of asset price deflation. If that million dollar house or condo drops even 100k, and...

I am also the proud owner of some BTC from an average price of about 50k. I actually made some money trading ETH and then transferred it to a better exchange via BTC. Right after the transfer, it dropped, so I waited, and it dropped some more. Then I bought some more, and it dropped further. LOL

This guy does a really good analysis. Who Bought the $4.7 Trillion of Treasury Securities Added Since March 2020 to the Incredibly Spiking US National Debt...