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No, the way it works is you buy Bitcoins on an exchange and transfer the funds to a wallet like Trust wallet on your smart phone. A Ponzi scheme is when someone you barely know asks you for money which you give them and they use some of that money to pay out previous investors till the scheme...

1) It is not a Ponzi scheme. Period. "A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are named after Charles Ponzi. In the 1920s, Ponzi promised investors a 50% return within a few months for what he claimed was an...

This is where we need regulation. How does Voyager get off by saying all of the customer accounts are their assets not the customers. I guess you need to NOT keep your assets at an Exchange until or if they created insured segregated customer accounts like a normal stock brokerage has...

There are many part time jobs where you can make money or get a full time job and trade on the side with futures or Forex overnight. With automated stops and targets, once you enter a position, you should have free time. There is no need to be trading all day long. Create times when you can...

Value is just what the market assigns to it during any given time period. For example, diamonds are basically worthless but since one company controls supply, it is able to create demand. I think there will be at least one more bounce back up the previous highs so that those that accumulate a...

Just go to C2 and look at the top systems. Trust me I am not trading on anything but TA. My system was previously at #1 for over a year. All trades are listed each day every month which is why I had to declare to the IRS the money I made from subscribers alone. The money they paid me to...

Yes, that is how successful traders trade. I worked today from 9 am to 3:30 pm. However, I will get paid for 8 hours since I am full time. I then turned on my trading platform around 7:30 pm, I analyzed the CL. While my bias is to trade up due to inflation. Price had fallen today and...

Also, most of the advice here is from master traders which are the top 1% which I am not. So I would actually suggest getting a job, and then trade part time so that your losses don't have any affect on your weekly income. If you can actually get to the point where you can in fact make more...

You need to verify your win %. You seem to not understand that on equal risk vs reward a 60% win percent will over time grow your account. That is why a casino can win at black jack over time even when some players get lucky. They have around a 55% advantage. So the more days and hours that...

I would say trading is basically finding a crack in reality that allows you to extract money using the thoughts in your brain. I would say about fibs, is that the lower fibs work better during an actual retracement. They will do nothing for you when the market is crashing. You can crack...

Market makers are stealing with these bid/ask spreads so wide.

Took a 1 point loss today which is around $ 50. Very hard to get into a safe trade on either CL or ES since bars are so far apart that I can't use a reasonable stop and the spread is wide so if you were to go market long or short, you are giving up too much spread between bid and ask. I had to...

Now same day, we went long ES and had a winning trade. Please note that before I post these charts, I do remove my indicators so you will not understand why I went long for the 2nd contract since I don't want to give away any secrets. However, I can still give you my thoughts about the Price...

So let's look at a trade I took a loss on. The mistake I see in going long this trade is that, CL is in a possible range and I went long at the top of the range. Once I saw it go back down, I decided to just kill the trade. While it did go back up after breaking the support level, it would...

So we had bullish news come out during the day which caused oil prices to rebound. As some of you know I normally work during the day and trade after hours. So we drew support and resistance lines. I would have actually gone long closer to the support line, but where I went long was after I...

https://www.reuters.com/business/energy/oil-prices-extend-gains-after-news-china-stimulus-2022-04-27/ NEW YORK, April 27 (Reuters) - Oil prices rose modestly on Wednesday due to ongoing concerns about tight worldwide supply, underscored by another drawdown in U.S. distillate and gasoline...

I checked on this trade after it went around 8 points in my favor, but did not move stop down. I wanted to do more of a time trade since I need to work in the morning and shut off my computer. Fed raising rates always has caused the market to go down. That is the catalyst to my short. Just...

https://www.bloomberg.com/news/articles/2022-04-21/powell-backs-front-loading-rate-hikes-says-half-point-on-table I was in a trade yesterday but my stop was hit on my short. The news came out while I was working. I shorted again at market open during the night for an overnight trade.

Well, it would really depend on how many setups you have. If you identify 10 trade setups, and 2 of them contribute the most profit, you could in theory stop trading the other 8.

Since I work during the day, I am a night time trader. Felt very good tonight, seeing when not to trade, then going to play some video games, finally saw a a setup and took it. No I was not always getting this high of win rate, was doing bad in volatility till I finally decided to get hard...