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If you took your date to a drive-in, you weren’t exactly there to watch the movie. The speaker thing jammed into the window was later replaced by tuning into an AM channel on your car’s radio. The channel’s name was, I kid you not, KOME. A big-titted blonde wearing a tight, low-cut t-shirt...

Damn, Ken. Talk about being cheap on a date. Drive-ins. Now that was a lot of bang for your buck. You know what I mean. Good times then. Decades later I learned I should have been miserable during that period because of the stagnant economy and high inflation.

What do you mean “conspiracy”? Something criminal? I’m not accusing anyone of conspiring to do any wrongdoing, legal or illegal. These are very smart people working in a protective corporate setting who make a lot of money to come up with new financial products. In a highly regulated industry...

No, dude, I have no special sources. The same as you, dude. It ain’t too hard to see what’s going on, dood. It’s called thinking. Didn’t need the hat for this one. I save the tin foil for the tough ones.

The game is rigged. But that’s what makes profitable trading possible. The financial industry at all levels peddles bullshit to the public. Fidelity is a profit maximizer as are the other corporate players that you mentioned. Only it just happens to be sitting on a load of Bitcoins. About the...

The worm has turned. Right, Ken? Enjoy it.

I’m sure the good folks at Fidelity can’t get this set up fast enough. The writing is on the wall and they are not in the business of holding the bag. What a great way to slough off risk by feeding it in crumbs to the fish in their pool. And collect fees and commissions to boot. Making money...

Obviously it’s a meme. I think johnarb did a good job explaining it. Your jargon-filled post adds nothing of value and only reveals a smug arrogance.

A few of my thoughts: 1. Sim trading is not trading. If you stop trading and go back to sim, you are going back to not trading. There may be good reasons for going back to not trading. Learning more about the market you trade and improving a non viable trading method are good reasons. 2. Let...

I heard it in the podcast about it being said to a billionaire and it sounded stupid. So it’s just a new put-down used by the cool kids. I’ll add the book to my ever expanding reading list. PS. I doubt there are any truly poor people regularly spending time on this site.

I’m curious, johnarb. What’s with the “poor” accusation? Or the “have fun staying poor” thing? It seems to be a recurring theme in the Bitcoin community, not just with you, and I heard it repeated in that podcast you referred me to. It has an us-against-the-world vibe to it, in a juvenile...

I don’t see any need to walk on eggshells when it comes to discussing markets or things related to trading. Yes, I think I made it clear that unless the model comes with an ATS he isn’t getting much. What the model is worth to you is not nothing and comes mostly from the work you put into the...

The slavery comment was made tongue in cheek. It seems I touched a nerve by saying the programmer would be working for free. That’s just my opinion. It was not meant as a personal insult. You have spent years and some money, and maybe put your hopes and dreams, into developing your statistical...

Yes, I misunderstood. You are here to protect ET’ers who may be on the fence about Bitcoin from detractors who intimidate or mislead and thereby cause innocents to miss out on Bitcoin. Thanks for the correction. Now that your purpose is clear to me, I must say it is admirable and utterly...

I understand where you’re coming from even though I don’t share your viewpoint. To me, none of the items you enumerated are necessarily bullish. They are stories put forth by people and entities for their own reasons and to further their agenda. The timing of the release of stories is often...

Then what’s with the seemingly irrational posts? Your constant cheerleading is as cringey as the tirades of a person like Pekolo who posts like Bitcoin stole his wife. You got into Bitcoin early and are now comfortably playing with profits. That is the carefree mindset of a winner. Or you could...

I remember it well. What a blunder by Greenspan that was. The Fed began tightening in the June meeting the year prior and it was the sixth consecutive rate hike. Tech stocks had crashed by the fifth 0.25% rate hike. There were calls for the Fed to ease up on the tightening. The 0.5% rate hike...

Ken, there were no wild gyrations in the period you refer to. Your question reflects an unconscious incompetence. You should learn more about the overnight period before arriving at false conclusions. Also you are thinking about a derivatives market that trades 23/5 through the lens of your...

There is no doubt that it’s all manipulation. In the stock market during Livermore’s time, it was called “painting the tape.” With the establishment of the SEC, it became illegal.

ES is $50 per point. $12.50 per tick. The amount to open a position of 1 ES varies depending on the broker. Some will charge initial margin $13,200. Some charge night margin which could be substantially less. I’ve seen $1000. IB’s margin is the worst and just stupid so not worth mentioning...