THE HIDDEN AGENDA OF THE “TRADERS TAX”

“But, do you ever ask?!”

I’m not here to tell you what you want to hear … if that’s what you want there are

plenty of mainstream propaganda sites you can visit that will clean your rose

colored glasses to make things look & feel like everything is “warm & fuzzy” and

that “Everything Is F-ing Awesome, Baby”! … my premise here is to help you

make money “trading”, and to do that you have to see reality for what it is … I

understand many people can’t do that, cuz they won’t allow themselves to think

the unthinkable, cuz the ramifications put them into an uncomfortable corner and

eventually end up along the lines of, “well, if they’re lying scumbags [banks,

government, take your pick], what else do I believe that isn’t true, and how does it

adversely affect me”? … when you look into the abyss and it stares back, you’re

getting close to the truth.

The scumbag banks got clobbered in March 2020 … I’ve already written how the

increase in bid/offer spreads has remained in place long after the extreme

volatility has passed … “hey, somebody has to pay the price, and it sure as hell

ain’t gonna be the bank or its execs, it’s gonna be you”!

But there is another agenda at work here as well, and it goes to the heart of

trading and why you have to be knowledgeable & honest with what’s really going

on across the MT4 spectrum … yes markets are volatile, and the loss of volumes

& liquidity in the stock indices is well documented … thanks to the Twits in the

faculty lounge, that Genie ain’t going back in the bottle anytime soon, if ever

… OK, that’s got a “silver lining” for us traders and/or scalpers, in that

heightened IVIX [intraday volatility] gives us a better opportunity to make money

… but wait a sec … in order for that to happen you have to have “honest & fair”

bank LP’s, and that ain’t happening … quite frankly, heightened spreads and

“triple fuck you MAX” slippage on fills is their message to you of, “you aren’t

picking us off on small price movements and scalping your way to a fortune at

our expense … fuck you, that’s our job”! … and it doesn't matter the MT4 market

from gold to tulip bulbs the message is the same … and of course regulators

around the world got no problem whatsoever in letting these hypocritical

“liquidity providers” [what a fucking joke] get away with any “Hoover Dam” thing

they want, cuz to do anything is to dwindle their own cut of the payola, and who

wants that? 

And so the environment we find ourselves in isn’t one that’s gonna get explained

in the book on trading you bought at the bookstore, or anytime soon over on the

propaganda network CNBC … that stuff is for ‘Chumps” … hey, somebody has to

provide the money, so tune right in and get the latest “training” on how to be the

provider of money for banks.

Bottom line is all scalps and/or trades are NOT created equal, cuz right now for

example in the DOW30 when you go to trade, anytime you hit the buy/sell button

on your order ticket, you can expect to get filled from 2 index points [YOU WIN!!]

to as many as 20 index points [YOU LOSE!!] off the market from the scumbag,

criminal LP banks at Turnkey … and that’s on top of the spread, which is 100%

higher than it was in February … and if you’re “late” on the turn in the market by

even 1 millisecond, you ain’t gonna like what you see next for a fill … and if you

think I’m full of shit, my sole response is for you to put some money into an

account and go at it … when that account is gone, email me and let me know of

your “utter shock” in how they treated your orders and where your fills were

… then go back and stare into the abyss and ask yourself why you refused to

believe.

And so, banks have taken the attitude of “we’re not gonna be the Chump at the

poker table for your very short term scalps, picking us off dozens of times per

day” … so, in order to trap you cuz we know of your pure greed, we’ll eventually

get you on a wrong side of a trade, and when that happens you’ll be getting out

and liquidating [buying when it’s going up OR selling when it goes down] and we

will shove a flagpole up your donkey ‘till your teeth hurt on that fill … and cuz of

that, you’ll need to win 90% of your trades to make up for the one that got away

where we screwed you blind … and quite frankly, we don’t think you can sustain

that win rate, so have at it Skippy!

This “IS” the state of “Stock Bellies” today, as well as the pretend paper gold

market, which is an even bigger joke than “Stock Bellies” … add up the two

agendas, which to recap are 1) fund our losses, and 2) we’re not allowing you to

pick us off, and this is what anybody faces as they turn the machines on and

have at it … it’s quite simply, know who & what you’re dealing with or they take

all your money without even saying thanks.

Another almost 4 million people file for initial unemployment … that brings the

tally to about 30 million people while mostly manipulated stock gains have

pumped “Murica’s billionaires pockets up another $250 billion dollars in about

3 - 4 weeks … somebody tell me again about “fun-durr-mentals”.

Quite frankly folks, “Stock Bellies” have descended back into untradeable

territory … not only do we have blown out spreads to the MAX limit of trade

reasonability, slippage is a frickin’ nightmare, where volumes & liquidity have

gotten so bad, that nobody seems to notice that the DOW30 can go up straight

150 index points, then turn on a dime and go down 150+ index points, all within

about 20 minutes … easily, the risk / reward ratio is OVER 10 / 1 and it makes

absolutely no sense to attempt to trade something where I know I’m gonna get

screwed on the fill no matter how good I am [at LEAST, AT A MINIMUM 2 INDEX

POINTS], and I could easily within seconds be down 50 index points … now

what?

These scumbag LP’s move the DOW30 CFD so “Hoover Dam” fast, it’s literally

analogous to trying to catch a butterfly out on a prairie grass farm field, in the

summertime with your bare hands … you can see it, you just can’t catch it!

… ditto in this DOW30 bullshit, as I will once again remind you this is no accident

or coincidence, but a well thought out robbery scheme.

Well hello Cable! … over the last 10 trading days or so, I’ve been watching

GBPUSD with 2 thoughts in mind … 1) can you get back to a “good” daily range

with decent European session IVIX? … not the horseshit “The Widow Maker” bat

shit crazy stuff, but ranges in the 100 - 150 PIP range with decent up/down trading

going on?, and 2) when will the bid/offer spread go back to normal, which is right

around 1 PIP give or take a tenth here & there, or does FX keep the “traders tax”

seen in “Stock Bellies” & gold? … cuz what I wanted to see, is what happens

when we get it? … can spreads come in, and is there a trade there via algorithm

signals? … well, we got the answer today, cuz here right before Noon EST, and

Europe closing for the day, Cable has a range of approximately 250 PIPS, and

yes indeed the spread is back to “normal” … granted, the range is a little higher

than I wanted to see today, cuz I don’t want this market to go back to

“Widow Maker” status, cuz it gives the scumbag LP banks the excuse to jack

bid/offer spreads, and more importantly set the slippage meter on “Quadruple F.

U MAX” … something a little more tame is definitely preferable.

I said in an earlier blog post, that FX is set to not only see higher VIX & IVIX

going forward, but that the idiots at the FED have set in motion the next great

bull market in FX, to culminate at some point in the future in the complete

collapse of the U.S. Dollar … and I think we are starting to see inklings of that

begin … the FX majors all look to gain mightily over the next few years … the

question will be, can the scumbag LP banks keep it orderly or will they allow it

to get out of hand … what we saw in March 2020 is “out of hand”, and while

caused initially by extraneous forces, namely the CHICOM KUNG FU WUHAN

FLU, orderly FX that moves gives off tremendous algorithm trading signals,

unlike playing “DOW30 Roulette”, where simply close your eyes count to 5,

and then open them to find out if you’re up 50 index points or down 50+ index

points … who the fuck wants that?, but that’s what we got!

Cuz when Cable isn’t in consistent “Widow Maker” mode like March, trading it

at Turnkey is about as good as it gets … no latency time issues on fills, so you

know they’re being filled immediately and not held, and minimal if no slippage

from the bid/offer spread … maybe a tenth or two of a PIP if it’s moving, but

usually nothing more than that … ditto by the way at PRIMEXBT for those

accounts who want balances held in Bitcoin [BTC] … more importantly, there

are MORE algorithm trade signals than what we see in “Stock Bellies”, cuz FX is

a far bigger & deeper market than anything in stocks … in other words,

it “trades”. 

Today sees at least 7 - 10 trades from the European open to the close … granted,

the range is higher than usual, but even cutting it in half, a solid 5 trades is a nice

money making day … meanwhile here at Noon EST, “Stock Bellies” are now

getting “monkey hammered”, and the average range of M1’s since the NYSE

open sits at approximately 25 index points, with more spikes from hell than

grains of sand on an ocean beach … I got to Cable late today, so I missed the

earlier algo trades, and was unfortunately looking at tulip bulbs.

One algo buy signal in GBPUSD today … TURNKEY PAMM / MAM UP SLIGHTLY.

I was able to take the last algo signal in Cable, but it just wasn’t able to move

much … no worries, it’ll be here tomorrow! … I’ll be moving away from the

wicked “Stock Bellies” back over to Cable starting tonight, simply cuz that

market is trading, moving nicely, and giving great algo trade signals … please

remember though, I don’t advise trading anything FX in New York afternoons

after Europe closes, cuz there’s too much “scumbaggery” from the criminal New

York banks … quite frankly I’d trade soiled underwear futures if conditions were

right … so, what does it matter, we’re here to make coin!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

THE PLAGUE OF GOVERNMENT

“True, but resigning would mean the end to graft, bribery, & corruption!”

The “credentialed elite” in government are so fucking stupid & inefficient, they

can’t even figure out how to fucking give money away … oh, here’s a brilliant

idea … let’s wrap everything around the world’s most corrupt, politically biased,

inefficient Apparatchik shitbox, and let them handle it … meaning of course, the

IRS … what kind of moron in the real world would ever do this?

Same goes for the faculty lounge Twits at the FED … helicopter money for the

banks, while ordinary Americans get shafted in the process … only when viewed

through the prism that the FED isn’t there to help you, but the global elite since

1913, does anything make any sense whatsoever … message to Americans

everywhere? … FUCK OFF & DIE! … message to global elitists [the 0.001%]

… WE’RE HERE TO HELP & MAKE YOU THRIVE!

Which of course in a truly perverted sense, means that global markets are safe

from government “tinkering”, and that the scumbag LP banks can rule safely

… cuz the message to government is simple from the banks … “fuck with us, and

your major source of payola under the table ends … whaddaya want to do

big shots? … well, to ask the question is to answer it of course, and so the game

continues like before no matter what happens to the world at large … huff, puff,

slap us with a fine to substantiate your existence and give the public a scalp or

two to show what marvelous public servants you are [cough, bullshit, cough] and

then go away and leave us the fuck alone for a couple of years before it’s another

rinse & repeat operation cuz the public forgot.

And so here we are, another day another dollar to be pick pocketed through the

system, to ultimately end up either in a Bitcoin [BTC] e-wallet or cash in a

garbage bag in a garage of some POL or Apparatchik … never let a crisis go to

waste, and these thieves certainly aren’t.

And with VIX & IVIX crashing across the MT4 board, it’s important to remember

the bid/offer spreads remain grossly high, cuz the “traders tax” to make the

scumbag banks whole from March 2020 losses is firmly in effect … don’t hand

me any of this bullshit of “duh, market conditions, duh!” … I may have been born

at night, but it wasn’t fucking last night, so spare me the horseshit … “you wanna

trade, you pay the tax”!

So, with half the American workforce thrown out of work, government debt

reaching Venezuelan standards, biz collapsing and not coming back anytime

soon, let’s just pretend March 2020 never happened, and so it’s back to getting

“Stock Bellies” to new all time recorder-er-er-er highs in the biggest propaganda

push to control people’s behavior, the world has ever seen … as I said yesterday,

“markets” don’t reflect any kind of economic and/or financial reality, they are

simply marketing & propaganda tools for government policy in attempting to

control your behavior … all that matters is FED QE and shoveling money to banks,

so they can “pump & dump” the “Tulip Bulb 30” & SP500 at will … that creates

plenty of “velocity” in the turnover of money, and that turnover creates

opportunity for graft & corruption, which quite frankly is all that they care about

… just like the high roller casinos in Las Vegas, why do they have penny slots

sitting next to the garage door? … cuz there’s always some dipshit that will put

his last dollar into it and give it to the casino, and they’ll TAKE IT any way you

want to give it … ditto the scumbag LP banks, cuz it doesn’t cost them one red

cent to add your account to the computer server and then take your small

account … and if they have to create the propaganda to get the job done, they’ve

got the sycophant, financial MSM via CNBC, Dumbberg, Reuters, etc., to do the

job whenever they want, right along with Trump tweets … the “88/6/6” paradigm

of trading in “Stock Bellies” is alive and well.

An hour before the NYSE open sees more “scumbaggery”, as buy stops are run

due to a rumor on Gilead … the stock has been halted in pre-market … “gee,

another “pump & dump” rumor headline from the usual suspects … nothing to

see here people, move along”!

I don’t want people to think that I think every single squiggle in price is bank

manipulation, cuz that’s not the case … what frosts my cupcake is that 1) they

have important market information that we don’t, 2) they front run every single

institutional order, thus creating abnormal, chaotic spikes from hell in price and

screwing stops to their advantage, and 3) they gouge the shit out of the bid/offer

spread cuz they know they can get away with it … they “nickel & dime” traders

everywhere with bullshit fills and “scumbaggery” behavior that is CRIMINAL

… but since the POLS & Apparatchiks get a piece of the “cut”, who gives a fuck?

I got news for you … THERE IS NO HONEST PRICE DISCOVERY … NONE … and

if you don’t realize how they get you to “push the button” and you buy when

they’re about ready to take it lower, OR you sell when they’re about ready to take

it higher, then you have no chance making money scalping and/or trading

… you’ll end up buying highs and selling lows, and not having a clue why it

happened, which by the way is the natural order of things, only now since they

control everything it’s a slam dunk … in other words, like I’ve said before, you

end up being a “Pavlovian dog” named Skippy, who they can make jump anytime

they want.

Today’s tulip bulb action typical of recent days … a bucket of bullshit highlighted

by rumor and spikes from hell, both up/down, where literally nothing makes any

sense, where price screams one direction then stops on a dime, turns around and

within seconds screams the other direction, leaving carnage in its wake … but,

and remember this Skippy … “it’s the “velocity” of trading that makes the skim

so profitable, for them and their criminal Buds”  … welcome to the manipulation

matrix Neo! … new recorder-er-er-er all time highs by Memorial Day?

Why stop here Twits? … print another gazillion trillion via the CNTRL-P machine

and dump it to the scumbag LP banks and there’s no telling how high both

propaganda indices can go … 4000 or 5000 in the “Spoos” after Trump is

re-elected? … sure, why not? … and while you’ll be absolutely “giddy” over your

stock and/or ETF index gains, just remember though, that the $100 loaf of bread

is coming to a store near you very soon!

Today at 2 PM EST, the FED circus act comes to town … how many trillions more?

… is the CNTRL-P machine getting tired? … and while 22 million people have filed

for unemployment, in the last few weeks America’s billionaires have pocketed over

$280 billion dollars in stock profits … who again is it you work for? … will any of

you derelict, sycophant MSM types ask the tough questions at Spicoli’s presser?

… yea, like that will ever happen.

One good algorithm buy signal today in the DOW30 … TURNKEY PAMM / MAM UP

SLIGHTLY LESS THAN 0.1%

A FED interest meeting day is about as bad as a NFP Friday, so not looking to

hang around anywhere close to 2 PM, no matter the signal … today sees shorts

get torched by a drug rumor from Gilead … what a fucking joke this is, and if

today doesn’t show you just how manipulated & rigged this shit is, then

nothing ever will … quite frankly, given these last weeks from the panic selling, to

the bottom, and now the move back up the ladder, I’ve never ever seen trading

conditions in the “Stock Bellies” as awful and treacherous as it is now … then

add the “traders tax” of higher spreads and slippage, and it’s a complete fucking

mess … what keeps us profitable is the ability of the trading algorithm to

accurately identify manipulator behavior and spot the trade(s) that have a very

high probability of success … it would be nice if these asshats would stop with

the screaming spikes from hell, but it’s just something we have to unfortunately

live with almost every frickin’ day.

OK, the head FED Twit Spicoli speaks … says, “rates will stay at the bottom ‘till

the economy picks up” … bullshit … rates can never ever go up cuz if they do,

interest costs will eat the ENTIRE FEDERAL BUDGET … do the math … so that’s

a pure boldfaced lie, what else is new? … and then tulip bulbs puke! … well, since

everybody and their brother got long today on the miracle “hope & a prayer” drug

from Gilead, and the banks knew in advance what Dipshit was gonna say, isn’t it

natural to expect longs to get their sell stops run? … and as the market was

rallying, who again was selling to the “eager beavers”? … why the scumbag LP

banks …. And now that tulip bulbs aren’t quite as valuable as they were a few

minutes ago, who again is taking the buy side of spec sell stops when hit?

… why what a shock, the scumbag LP banks … rinse, repeat, all day everyday

and now you know why they let you open an account!

And if you bought up there and it’s sliding, WTF do you do now? … “stupid shit”

or throw in the towel are your only options, which is why you can’t buy rallies or

sell breaks and expect to make any money … quite frankly for you new readers,

let me boil it down for you … “you have to buy before others see the rally

coming, then when the “buy fuel” from others hits the market, you have to sell

[liquidate] as it’s going up … anything other than that and you’re toast"! … well,

seems nobody is really liking what the faculty lounge had to say, but I would

point out that the real action starts when his presser gets going and he answers

softball questions from bigger idiots than himself … at that point, “foot meet

mouth” is a real possibility, but just know if you want part of this action, that the

scumbag banks already know in advance what he’s gonna say, and if they end

up buying your sell stop it could get ugly very fast, either up or down.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas