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    IEX should expand to OTC markets!

    Lack of fills its what is beautiful about OTC, if you are a good trader and are on the right side of the market, you can make a bundle as people get desperate to get in or out but are unable to get filled. this creates price extremes. You want instafills, go to the nasdaq, on OTCs, its a...
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    Global Macro Trading Journal

    When I posted about the alt coin strategy I purchased this POE token. I put in something like $60 in it, I didnt check for 1 month. Now today I found out that the whole thing its worth over $1,200, and thats AFTER HitBTC robbed me 15% (and I`m never using them ever again). 20x in like a month...
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    Global Macro Trading Journal

    The ICO strategy and to some extent the Alt coin strategy, are way better than holding BTC and hoping it will triple again from here (which is what most people are doing). BTC will be lucky to have another 50% rally in it, a double or triple to me are extremely unlikely. In an ICO, a triple is...
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    Global Macro Trading Journal

    Here is a little convexity tip worth huge money: analyze and don't underestimate ICOs. This is a mistake I made in 2017, I saw too many frauds and ridiculous ideas that I just stopped following them. I was wrong in doing that, since them I have seen some investors share some ideas/methods on how...
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    IEX versus Interactive Brokers SMART routing

    Some routes are better at some things, some are better at others. This will change overtime as the technology changes, etc. Do your own testing
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    Peter Thiel’s Founders Fund Makes Monster Bet on Bitcoin

    How come after things soar in value people love to come out and brag about profits? Where are they when they put the investment in, in the first place?
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    David Einhorn made only 2% gain in 2017

    His short book was too big given the macro/market outlook for 2017
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    TD still credits virtually zero interest on cash balances

    What about buying SHY?
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    Global Macro Trading Journal

    It is starting to look like the coins will survive a while longer, I rebought some of the alt coins I mentioned and plan to cover my BTC short soon. I will be small and will just try to ride a final wave higher
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    Global Macro Trading Journal

    I have a lot of experience with high borrow rates, they are not that relevant if you got timing. When I get in these things, I'm either going to be right in the next week or 2 or I will be out. Sometimes the same day. You would have to be a nut to hold for a year The best shorters I know (guys...
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    Global Macro Trading Journal

    If BTC comes back, I will re-buy a 1% position total in XRP, BCH and ETH (and cover my BTC shorts), in the hopes for a final hurrah where this market goes into a big tear. I choose them not because of any special knowledge about them, they are just the ones I'm most familiar with, and made some...
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    Global Macro Trading Journal

    This GBTC spread trade strikes me as a very good trade. The premium went twice to 100%, both times it imploded. I dont think it will be going there any longer, people have been burned. Right now its around 55%, maybe the most it goes to is 70-75%, but it can easily drop back down to 20% or even...
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    Global Macro Trading Journal

    Right now I got a small short on BTC on kraken and a small GBTC short with long BTC as hedge (same $ amount). My assumption is that this is a dead cryptokittie bounce (the move from 10k to 14k), but hey, I'm not too attached to this view. If BTC goes through 15K/16K and holds there (trades there...
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    Global Macro Trading Journal

    Only things I'm keeping is the alt coins from my strategy. Small positions in like 50 of them, I'm keeping that for years. But I think I will make enough from the shorts to compensate me for their likely short-term loss
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    Global Macro Trading Journal

    I liquidated my coins and im playing the short side now, mostly on GBTC. But that is more of a day/swing trade. I will rebuy everything higher if I need to in case a miracle happens and they come back
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    Global Macro Trading Journal

    Looks like the top is in for these things, I shorted a small amount of BTC and decreased some of my speculative alt plays (not the long-term ones). I will reasses if this market catches a bid
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    Global Macro Trading Journal

    Glancing over a bunch of alt coins charts and polioniex ticker table it appears to me that the alt coin sector has doubled since my post. If it doubles again I will have to consider taking some gains and leaving the rest on. Thats how hot this market has been and why I dont talk about anything...
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    Global Macro Trading Journal

    BTC struggling while non-BTC coins boom one by one. As expected. At this point I took out significant parts of profits in the non-BTCs that I have that have run (XRP, BCH, ETH, etc) and kept a small core position in them while I wait to decide what to do next
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    Global Macro Trading Journal

    BCH $3.4K this morning from $1.5k like a week or so ago. This is why it is worth to take the risk that this market will crash 50%+. When you can double or triple your money in 1 week, a -50% move is nothing. This market is completely different from stocks or other traditional markets and because...
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    Global Macro Trading Journal

    If you know what you are doing and have timing skills, it was a lot easier to short bitcoin this year than it was the S&P500. Bitcoin dropped from $3k to $1,700, then from $5k to $3k, $8k to $5.5k, $11.4k to $9k, etc. There were setups and opportunities on the short side, but you cant be a moron...
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