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  1. W

    Bitcoin ETF ever coming for you guys?

    Well with 1k I would say load up with dogecoin and wait for bitcoin go parabolic again. Low risk and potential 60X payout if the same happens as last time where bitcoin was 69k and dogecoin was .76 Like the saying goes...all boats rise with the tide...the tide being bitcoin. That's what I did...
  2. W

    Bitcoin ETF ever coming for you guys?

    "'Great spirits have always encountered violent opposition from mediocre minds. " Einstein said it best.
  3. W

    Bitcoin ETF ever coming for you guys?

    My Lambo would say otherwise. :) A nothing burger that went from $400 to 70k in what 7 years? Institutions were stupid not to invest in it...now they are trying to play catch-up with egg on their face. I'm sure there are plenty of hodlers willing to part with their coins at the right price.
  4. W

    Bitcoin ETF ever coming for you guys?

    BTCC.B
  5. W

    Bitcoin ETF ever coming for you guys?

    Bito and Biti are Bitcoin futures and the bid/ask is horrendous...not to mention they will suffer from contango
  6. W

    How big can you size and still fly under the radar?

    Because ATM contracts are $20 so can't get the same multiple...could go with spy for liquidity but tax favours the spx/xsp
  7. W

    Bitcoin ETF ever coming for you guys?

    I had 200 JAN19 2024 6 CALL options at 0.21 with BTCC.B (ETF) which holds spot Bitcoin....closed it this morning @ 1.50 Best part was it was a tax free savings account. :) By the time the SEC is done playing games, US retail will be have completely missed all the fun.
  8. W

    How big can you size and still fly under the radar?

    On XSP has anybody bought or sold 1500 contracts 0-3 DTE? Were you able to get in and out quickly or did the order get held up? I'm on TOS. Would the Algos attempt to flush you out of the position? I really doubt "they" are going to let you walk away with a quick 10 bagger.
  9. W

    What's the point of tape reading?

    that's is literally just the data at the beginning of the triangle.You could just draw a triangle and know exactly what price is going to do until reaching the apex. ie 11.88, 11.23, 11.75, 11.50, 11.70, 11.55
  10. W

    What's the point of tape reading?

    I'm not saying the information isn't useful but it's already on the chart ..while you are watching L2 wondering whether the bulls or bears are going to win the tugowar on price, I have simply drawn a triangle and gone on with my day. All the money I make in stocks comes from me basically not...
  11. W

    What's the point of tape reading?

    Resting orders can be spoofs so they aren't reliable...charts are a visual of the actual price action. As my screenshots show this was clearly just a triangle.
  12. W

    What's the point of tape reading?

    I don't think so..I may have looked at it but it never made sense to me.
  13. W

    What's the point of tape reading?

    exactly...you can just see the price action unfolding. I suppose you could use spoof bids to forsee a possible rug pull but beyond that its useless.
  14. W

    What's the point of tape reading?

    I just watched a video of two traders watching the tape when they could have just drawn a triangle and gone to make a sandwich. Like seriously what did they learn from sitting there with their eyes glued it? People had to read the tape to visualize price action before there were charts...or...
  15. W

    MAs.. usefulness comes and goes

    Linear regression gives the appearance of "working" when it aligns with the current wave...otherwise you will be left scratching your head. The market does not move randomly...it has no free will. You have to align yourself with its determinism.
  16. W

    MAs.. usefulness comes and goes

    They are just lines on the chart... equivalent to chasing unicorns.
  17. W

    Bitcoin ETF?

    They won't/can't because Bitcoin hasn't finished it's extension. If they did then other buyers would step in and they'd lose their shirts.
  18. W

    Bitcoin ETF?

    It doesn't matter what blackrock does...bitcoin is on its extension and will fulfill it. After that, some catalyst will trigger the pullback but again it will be only to facilitate the pullback. You guys need to relax. Since summer, I have been so sure of the extension that we are now seeing...
  19. W

    OMG I can't believe this fallacy still exists in trading!

    Lol zero? Sounds like sour grapes because you missed the boat. Well you can sit there hoping for zero while I cruise around in my Lotus with profits from the next rally.
  20. W

    OMG I can't believe this fallacy still exists in trading!

    The same reason everyone starts threads....downtime.
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