ponzi _alchemist

Trading is the most democratic activity in the society.

@Globalflows Got it, thanks

@ponzialchemist I think it will be fine and carry on per usual until labor unwinds

People think that talking about any asset is schilling now lol Yeah bro let me schill you the US economy

@Globalflows Hi Brother, solid work from you. Curious to know what's your outlook on the housing market for the next 3-5 years? Do you see home prices also moving higher along with the risk assets? Or will it stagnate with rising interest rates? Thanks

This quote from Steve Jobs lives rent free in my head…

some ingredients for a bull market; 1. rotation. money doesn’t disappear it rotates. 2. wall(s) of worry. once they’re gone everyone’s in & there’s no one left to buy. 3. stocks not reacting bearishly to signals perceived to be bearish. there's very little the market doesn't price in. it’s remarkably efficient & can be seen every week via expected moves

@SwingTraderQ nope, consolidation below resistance..

this chart says SELL EVERYTHING! $xly

@vtchakarova Now, what if China decides to attack Taiwan?

That‘s quite an interesting statement by the US - either they admit that they were kept in the dark about the Israeli strikes or they just pretend to fool everyone, including Iran.

They largely buy at the top because they are short the correlation of BTC prices and funding markets, so when the market trades down like in 22 they don't have access to cash and when they do have ready access to cash BTC is near the highs. This wrong way correlation risk creates a drag on their execution (Their avg px is already near the ATH from pre election) and creates the ultimate risk that capital markets are expensive to tap when their bonds are puttable or mature and their only access to cash is selling BTC - creating a self-fulfilling spiral that is the mirror image of the virtuous cycle that is attractive to many now.

This feels like Dec '21 to me. The market was up a ton and things were so frothy before the Fed decided to shift policy. The $SPX tanked ~4%, caught the obligatory end-of-year bounce, and then met its maker in January. Backing a recovery bounce: You can also see today that traders want to reflexively sell big percentage moves in the VIX, and probably are emboldened due to "holiday theta". Additionally there are a lot of 1DTE puts that were worthless yesterday AM, that are now worth something to sell today. But overall we think that yesterday was more of a spasm and warm-up vs the full move.

Time it took for bitcoin to add a zero to its exchange price: $100 - $1,000: 1,015 days $1,000 - $10,000: 1,789 days $10,000 - $100,000: 2,563 days Each period took 774 more days than the previous period. If this trend holds, bitcoin would hit $1m in 3,337 days - Aug 25, 2034.

There are whole books on psychology that don't get anywhere near this paragraph from Dostoevsky

@BenzStanzie Your calls have been great, cheers!

We’ve been majorly long since the August bottom. Near 100% long, and I only pulled back in late September but quickly rebought the dip. I remain very long. Bears are more concerned about timing the top but don’t realize how much money they’ve left on the table even if they were flat instead of short. And they’re not going to be let into this next leg up either because they will wait on a crash that isn’t coming yet. $630 $SPY.

@CallMeShylo @hongwangusa @618fibtrader @LearningAlways_ is this ES or SPX?

@hongwangusa @618fibtrader @LearningAlways_ Election volatility may ensue over coming day or few so just be careful with positions in place Aka be in ur well-placed positioning and runners as you can see top #shylobots are along with me 👁️🤲 And if ur a pro, also scalp w/ good R:R + smaller size 5747 🗝️ for 🐂 Win 🏆

THE UNPARALLELED BEAUTY OF #TheOrder 🗝️ 🎯#1 ✅ 5747 🎯#2 ✅ 5727-07 Shylo’s 5858 🩸 and 5808 “critical pivot” changing lives around the world once again 🔮🤲 🎬

Jim Simons' (one of the most successful traders ever) opinion on fundamental trading. "it just didn't seem to be a way to live your life."

@iv_technicals december 10?

December 10th will be a big day!

@MegaTrader007 @rbswingtrader because markets drop and bounce always :-)

@rbswingtrader why your chart always draw bounce if drop and reject if pump?

$SPX No volume, burn your options.

@BenzStanzie Thanks

@ponzialchemist I don't expect 42k personally. 54k floor for me (as of now)

Added more $BTCUSD longs 59.3k

@PhilSmith_1 run up to election from here but no new ATHs, final flush to new lows year end before the next bull leg.

real bottoms take time to form unlike exhaustion relief points

@ndtv @elonmusk

Ratan Tata, Industry Legend And National Icon, Dies At 86 #RatanTata #TataGroup #Philanthropist