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  1. schizo

    "Fed Speak"

    reuters.com Fed officials mull whether rates high enough as inflation expectations jump May. 10th, 2024 NEW ORLEANS, May 10 (Reuters) - Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed...
  2. schizo

    Bitcoin Price Thread

    It's worth knowing that BTC is more or less shadowing the equity market. They both go up and down at the same time. So from a technical perspective, I don't see just how BTC could go up to $1M by the end of this decade unless S&P500 also rises to $100K. But then again, who knows? Ya just never...
  3. schizo

    "Fed Speak"

    How funny. I saw this clip 2 nights ago and couldn't help thinking, "what a bastard". This dude, along with Paulson and Bernanke, created the whole QE shenanigan in 2008 and look where we are now. And none of the Wall Street top brass went to jail for all the Subprime mess they've created.
  4. schizo

    Bitcoin Price Thread

    I just wanna comment on this very specific quote. I can't believe you just said this. Nowhere have I seen more people on Youtube, Twitter and elsewhere always trying to pump up Bitcoin. Saylor came out publicly (in fact, twice) begging others not to sell their Bitcoin and stand strong in the...
  5. schizo

    All traders are trend traders :)

    Who said they were?
  6. schizo

    White House: Biden Will Veto Bitcoin Legislation

    As I've always said, BlackRock ain't your friend. :)
  7. schizo

    The market is SO WRONG at this point

    LMAO... From my point of view, he talks just like you. He's a permabear and you're a permabull. He gets high on "Armageddon" and you get high on "V reversal". :D Whatever. Anyway, I expect another reversal coming in the next few days (remember that chart?).
  8. schizo

    Trading discipline isn't about fortitude. It's about conviction.

    LOL This dude never ages. :D
  9. schizo

    White House: Biden Will Veto Bitcoin Legislation

    bitcoinmagazine.com BIDEN WILL VETO LEGISLATION ALLOWING FINANCIAL FIRMS TO CUSTODY BITCOIN The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as custodians for Bitcoin and...
  10. schizo

    Orders Tied To The Bid/Ask

    They say it works for options, but you'll need to find out for yourself. As for your other question, I believe your order will move up or down depending on the offset you specify until it gets filled or turn into a limit order. IB also has an "adaptive algo" that seems to do the same thing...
  11. schizo

    Bitcoin Price Thread

    I'm neither for nor against Bitcoin, but what you say here makes no sense. Why the hell would people liquidate their position and get out when there's a short squeeze, pushing BTC above 70K? Actually, that would bring in more buyers, don't ya think? This I can agree with. If Tether has nothing...
  12. schizo

    ES Journal - 2023/2024

    You can expect higher taxes in the near future, folks. High Yield: vs six-auction average 4.276% WI level at the time of the Auction 4.473% Tail: 1.0 bps vs six-auction average 0.9 basis points Bid-to-Cover Ratio: 2.49X vs six-auction average 2.49x Dealers: 15.73% vs six-auction average 16.9%...
  13. schizo

    Swing Trading QQQ

    That would be going back to the 70s stag-friggin'-flation. Since I lived through that period as a teen, I can definitely tell you that you'll love every moment of it. You bet, it's a once in a lifetime experience that you won't wanna miss, for sure. ;)
  14. schizo

    "Fed Speak"

  15. schizo

    ES Journal - 2023/2024

    $42B worth of 10 yr note auction is scheduled in less than 30 minutes. Last one didn't fare too well, so anything goes would be my guess. In any case, why the heck are there so many auctions?? :rolleyes:
  16. schizo

    Orders Tied To The Bid/Ask

    https://www.interactivebrokers.com/en/trading/orders/pegged-to-primary.php
  17. schizo

    Comparing results with different backtest lengths

    You wanna include both bull and bear markets. For instance, backtest A will only reflect the bull market from 2017-24, whereas B will definitely include 2007-08 crash.
  18. schizo

    Swing Trading QQQ

    All good points, but I ain't too worried. This is meant as a swing trade, so I plan to hold on to it for a week or so. We're at the cusp of a turning point, as witnessed by the sharp selloff in the Globex, so it's no surprise to see a choppy market. Anyway, choppy market is good for both bulls...
  19. schizo

    Interesting sources for news, commentary and education

    https://www.advisorperspectives.com/
  20. schizo

    IBKR the best imo.

    IB only recently offered TV to their clients. But many brokers have been offering TV long before IB jumped on the bandwagon. Now, as you might already know from my postings, I love using TV for all my charting needs. But that's about it. Other than charts, everything else is junk. For...
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