JK @mytradingspace ๐
till the dust settlesโฆ then ๐ฃ
$BTC spot
btfd done
avg spot add long = 81.2k
this will be my final spot long, imo there be ONE last up leg to 109.5-119.5k, anything higher is bonus for me.
โ ๏ธUS March CPI tonite
btfd done
avg spot add long = 81.2k
this will be my final spot long, imo there be ONE last up leg to 109.5-119.5k, anything higher is bonus for me.
โ ๏ธUS March CPI tonite
JK @mytradingspace ๐
intend to squeeze this rally to pay for my coming trip
me: go higher, sponsor my trip!!
cpo: nah๐
trump:๐
next week gotta grind harder for sponsor ๐ฅฒ๐ฅฒ
cpo: nah
trump:
next week gotta grind harder for sponsor ๐ฅฒ๐ฅฒ
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have you happened to pass by a Poh Kong store lately?
I think many rushing in to sell their gold since itโs at new ATH, right? RIGHT? ๐ซจ
I think many rushing in to sell their gold since itโs at new ATH, right? RIGHT? ๐ซจ
Media is too big
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i read every memo of his, brillliant investor & fund manager.
Howard Marks, Oaktree Capital
AUM: $202B
Howard Marks, Oaktree Capital
AUM: $202B
๐3
$FCPO
tight mom spreads suggest muted/ranging trading through Q2.
possible disrupters:
- geopolitical tension ๐ฎ
- trade war escalations ๐ป
- fed cuts๐ฎ
tight mom spreads suggest muted/ranging trading through Q2.
possible disrupters:
- geopolitical tension ๐ฎ
- trade war escalations ๐ป
- fed cuts
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๐4โค1
JK @mytradingspace ๐
avg spot add long = 81.2k
final spot btfd now +30% ๐
$BTC final leg in progress imo, market pricing in next meeting rate cut as expected.
$BTC final leg in progress imo, market pricing in next meeting rate cut as expected.
๐2
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new ATH on pizza day ๐ฅ ๐
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๐2
thereโs only one outcome for martingale strategy. โ> 0
recently many furus selling programs which is essentially martingale, basically doubling down on losing positions, and close slightly >BE, aka risk 99, reward 1.
it soothes the traders psychology, with seemingly endless winnings, boost their confidence. until, they come across a runaway trend, which there will always be one every 3-6mths time in todays volatile markets.
thatโs their Cycle N.
Till then, everyone feels like a supertrader.
sounds familiar?
yeah, if youโve been in the market long enough, dats the โoptions credit spread receive rentalโ strategy, repackaged.
itโs hard to talk someone out of this strategy, because their account balance will be soaring, so is their confidence. itโs cruel, because it only takes 1 trade to wipe everything off โ $$, confidence, belief, effort. Then, they become new members of the โtrading is riskyโ club.
If it works, I wonโt be watching charts today. Thereโs no trading secret, you just need to work your ass off to beat dat guy on the other side of the trade. period.
recently many furus selling programs which is essentially martingale, basically doubling down on losing positions, and close slightly >BE, aka risk 99, reward 1.
it soothes the traders psychology, with seemingly endless winnings, boost their confidence. until, they come across a runaway trend, which there will always be one every 3-6mths time in todays volatile markets.
thatโs their Cycle N.
Till then, everyone feels like a supertrader.
sounds familiar?
yeah, if youโve been in the market long enough, dats the โoptions credit spread receive rentalโ strategy, repackaged.
itโs hard to talk someone out of this strategy, because their account balance will be soaring, so is their confidence. itโs cruel, because it only takes 1 trade to wipe everything off โ $$, confidence, belief, effort. Then, they become new members of the โtrading is riskyโ club.
If it works, I wonโt be watching charts today. Thereโs no trading secret, you just need to work your ass off to beat dat guy on the other side of the trade. period.
๐3
came across this sayingโฆlol
allow me to modify it a little
Initially in trading, those who โknowโ talked, then realize people prefer to listen to those who โtalkโ & promise easier & more comfortable systems/solutions.
if you say trading is not easy, lots of effort involved. they think you talk too highly of yourself as a trader.
if you say formulas & systems donโt work all the time, they think youโre trying to keep trading secrets to yourself.
Over time, one realize, itโs better to just keep quiet.
once in a blue moon, youโll come across someone who had enough losses, finally understand thereโs no shortcuts, & still hv belief in trading successfully (most ppl would hv given up).
that 1,2 survivor out of 100, is the one Iโd love to befriend & trade together with. yeah, not easy to find ๐
#traderlife
allow me to modify it a little
Initially in trading, those who โknowโ talked, then realize people prefer to listen to those who โtalkโ & promise easier & more comfortable systems/solutions.
if you say trading is not easy, lots of effort involved. they think you talk too highly of yourself as a trader.
if you say formulas & systems donโt work all the time, they think youโre trying to keep trading secrets to yourself.
Over time, one realize, itโs better to just keep quiet.
once in a blue moon, youโll come across someone who had enough losses, finally understand thereโs no shortcuts, & still hv belief in trading successfully (most ppl would hv given up).
that 1,2 survivor out of 100, is the one Iโd love to befriend & trade together with. yeah, not easy to find ๐
#traderlife
๐3โค2