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Realities of Trading Full Time
Looking back, I was far from ready, & perhaps that has made all the difference.
🐣 https://twitter.com/jeannekong/status/1636603712948011009?s=46&t=GWJQIPlCnjhwq0DcAOkUXQ
Looking back, I was far from ready, & perhaps that has made all the difference.
🐣 https://twitter.com/jeannekong/status/1636603712948011009?s=46&t=GWJQIPlCnjhwq0DcAOkUXQ
JK @mytradingspace 🚀
#BTC Staying below 25k, we’ll be looking at 22k+, then 20k+ 🧲
Missed my re-entry.
#BTC went on to $27k intra high, without a retracement.
Next level: 29-30k
⚠️ still think is a suckers rally.
Good longterm buy <20k, is where I’ll add to my Hodl from 16k-ish.
#BTC went on to $27k intra high, without a retracement.
Next level: 29-30k
⚠️ still think is a suckers rally.
Good longterm buy <20k, is where I’ll add to my Hodl from 16k-ish.
When frens asked bout inflation, I often share with them this:
“Even if you don’t understand BTC, jz consider putting 10% of your nw in BTC, treat it like buying insurance. The payout will become clear when (not if) the fiat system collapses.”
My first bag hodl is from $8k BTC. profit take $40k & reentry circa $16-19k. Most of these posts can be found in this channel. search: #BTC
Consider to hedge for your fam. ❤️
#BTC
“Even if you don’t understand BTC, jz consider putting 10% of your nw in BTC, treat it like buying insurance. The payout will become clear when (not if) the fiat system collapses.”
My first bag hodl is from $8k BTC. profit take $40k & reentry circa $16-19k. Most of these posts can be found in this channel. search: #BTC
Consider to hedge for your fam. ❤️
#BTC
US 2yrs plunged -100bps intraday in response to Feds new tool:
BTFP
buy the fucking pivot
oops, Bank Term Funding Program
many smaller US banks has liquidity issues. Why?
money parked in long duration UST 💸 > underwater as Fed hikes 🦅 > depositors asking for money back > liquidity dries up 🩸
Tonight’s FOMC rate decision & more importantly fwd projections will be key for 2H2023 market directions.
#FOMC
#UST #IYC
#BTFP
BTFP
oops, Bank Term Funding Program
many smaller US banks has liquidity issues. Why?
money parked in long duration UST 💸 > underwater as Fed hikes 🦅 > depositors asking for money back > liquidity dries up 🩸
Tonight’s FOMC rate decision & more importantly fwd projections will be key for 2H2023 market directions.
#FOMC
#UST #IYC
#BTFP
JK @mytradingspace 🚀
With dat (hopefully) comes my ‘easy’ trades. ;-)
FOMC march2023 +25bps
Implication of recent banking crisis:
banks will tighten credit >
more stringent loan approvals >
harder to borrow >
less purchases (real estates, retails) >
less biz expansions (biz) >
economic slowdown >
deflation/recession
Real estate is the biggest economic growth factor for most countries (🇲🇾 included),
when housing slows down (as banks closing the water tap /+ investors hold back purchases due to uncertainties),
The effect will trickle all the way down the economic chain >> economic slowdown >> worse, recession.
dats 3-6mths down the road aka 2H2023.
#fomc 🏦
#creditcrunch 📉
#housing 🏚️
Implication of recent banking crisis:
banks will tighten credit >
more stringent loan approvals >
harder to borrow >
less purchases (real estates, retails) >
less biz expansions (biz) >
economic slowdown >
deflation/recession
Real estate is the biggest economic growth factor for most countries (🇲🇾 included),
when housing slows down (as banks closing the water tap /+ investors hold back purchases due to uncertainties),
The effect will trickle all the way down the economic chain >> economic slowdown >> worse, recession.
dats 3-6mths down the road aka 2H2023.
#fomc 🏦
#creditcrunch 📉
#housing 🏚️