It was NEVER a hard choice to make … there were soooooo many impediments
to trading decades ago, and cuz of the cost structure before online, internet
trading took off in about 2002 - 2003 [that’s 20 years for you Biden voters], it was
difficult to get going with a trading career … fast forward to today, and those
“hurdles” have disappeared entirely! … IT’S NEVER BEEN EASIER TO START
TRADING AND MAKE IT YOUR DEFACTO CAREER CHOICE! … literally anybody
who can follow directions [yes, I know, that eliminates a lot of people], and has
about $100 in his/her pocket, can do this … I understand & appreciate the fact
that the world ALWAYS has to have “worker bees” … “Indoctrination Camp”
[what used to be known as “colleges & universities”] trains you to specifically
be a “woke” worker bee, NOT A TRADER OR ANYTHING RESEMBLING IT, and
getting you financial freedom … today, I focus on scalping … not the only way
to get well off financially in this world, but one that 1) anybody can do, 2) need
very little money to start, 3) is THE EASIEST BIZ to set up and get going, 4) is
the most flexible for hours and requires ZERO employees, and really important
5) can be done “in the dark”, anonymously, privately, & securely, where nobody
knows what the Hell you’re doing, how much you’re making, where the money
goes or how it’s saved / spent / invested, all through the wonderful world of
crypto! … YOU CANNOT FIND ANY OTHER BUSINESS THAT OFFERS WHAT
TRADING OFFERS … ADD UP AND COMPARE THE “PROS & CONS” OF
TRADING VERSUS ANY OTHER BUSINESS, AND NO BUSINESS CAN
WITHSTAND THE SCRUTINY!
And that might be well & good you say, but where’s my “business trading
model”? … well, it’s right here in “Download Links” in Adobe pdf, “The Vegas
Super Scalper Trading Algorithm V3”, along with ALL of the appropriate mql4
code files you will need for any market, that you install into the MT4 to complete
the algorithm … in today’s update, I’ll show you why I think EURUSD is the best
scalpers market going, where to trade it and why, as well as compare it to other
markets for evaluation … ultimately, the choice is yours … I’m not your MOM,
make your bed and sleep in it! … and whatever market you do choose to trade,
the “vegas mql4 code” that needs to be installed into MT4 [live or demo it
doesn’t matter] for extremely important “support / resistance” levels you won’t
find anywhere else, will guide you to profits … if you can follow directions,
you’ll profit … if not? … good luck.
How do we compare different markets for “scalp effectiveness”, so that we’re
comparing “apples to apples” … well, a good way is to take the total cost to trade
a market [excluding slippage] and divide it into its respective 20 Day Range MA
… think of this number as an index of how easy it is to get profitable in a scalp
[the HIGHER the number the better] compared to other markets via a volatility
comparison … directly below that table for volatile markets you would consider
scalping if conditions were right.
Please, study this table carefully cuz there’s a ton of information from it that can
be gleaned with just a little critical thinking … yes, EURUSD [under IQCENT
conditions] has the highest index number … it’s simply the ease to which you
can get profitable in a scalp, based on conditions … as we all know, EVERY
MARKET HAS WARTS, ZITS, SCARS, and nothing is perfect … all the values in
the table are for markets that have the BEST CONDITIONS [meaning total lowest
cost to trade] … since we’re all here to make money and not give it away to
scumbag bank LP’s and their BFF brokerage house Pimps, over time it’s
important to your wallet to trade where you make AND KEEP the most money
… I didn’t include crypto in this table cuz the conditions there [BTCUSDT,
ETHUSDT, & XRPUSDT] are simply ALM OST PERFECT and can’t be beat … the
problem with crypto, is that when trading action slows down [like it has now
… see the 20 Day Range MA for BTC & ETH … yuck!], at least in BTC the IQCENT
LP starts playing games with the bid/offer quote … sure, it could be 29201.00 bid
and offered at 29201.01, and you buy the 29201.01 price … the very next bid/offer
could be ± 50 cents, $5, $20+ and the bid/offer at someplace like Phemex for
BTCUSDT hasn’t changed one penny! … if it goes against you, and you bail with
a loss, it could come right back at the blink of an eye to where you got in, and
nothing happened except you lost money … when BTC isn’t moving much, this
happens a lot, especially when the client base gets too long or too short
… VIX isn’t gonna bail you out like it usually can when BTC is moving, but here
it ain’t moving and you could be stuck in mud for a very long time … unless BTC
has a 20 Day Range of $1K+, crypto is likely to be slow and choppy like I just
described it, and it’s time for “Plan B” … and by default, that’ll bleed over into
ETH & XRP unless there’s specific news that affects one or the other … but
when BTC is moving and the 20 Day Range MA is over $1K+, crypto conditions
are as close to “Hoover Dam” perfect as you’ll ever see them.
Currently, from this table we can see that USDCNH, gold, & crude oil are not very
good markets for scalping … that isn’t to say they aren’t good for day trading,
just that their respective index numbers are far below FX and “Stock Bellies”,
which have their distinctive “pros & cons” … e.g., trading the “Spoos” [or DOW30
or NDX100] is a 6 ½ hour total day, which is the NYSE cash hours … at 0.3 index
point spread with no commission, this is only 0.05 index points over futures
minimum tick at the bid / offer … that’s as good as you’re gonna get for LOWEST
TOTAL COST, especially at a NO KYC brokerage house like SIMPLE FX [deposit /
withdrawal in crypto] … a slightly longer New York session day for dollar FX pairs,
but quite a few more potential opportunities for buy/sell scalps IMHO … bottom
line is it just depends on what your preference is for trading, knowing with
“eyes wide open” what your alternatives are and whether or not you’re making a
good, informed decision … I’ll add also, that trading FX crosses [e.g., EURJPY,
GBPJPY, etc.] at a house like Fusion Markets, where the bid/offer spread is close
to ZERO, or maybe 0.1 or 0.2 PIPS, when you add their commission rate of $4.50
[0.45 PIPS] comes close to what Cable or USDJPY trades at for total cost, but has
significantly higher 20 Day Range MA’s, could also be a good choice for scalping
… unfortunately, IQCENT LP’s in FX don’t carry over the “best conditions” you
see in the “Big 3” dollar pairs to FX crosses … both EURJPY AND GBPJPY are
both well over 1.5 PIPS for spread with no commission, and that alone
disqualifies them from scalping.
I’ve stated before, and I’ll say it again, IMHO I don’t think anything beats the
“vegas mql4 code” for support / resistance in identifying in real time areas to
buy/sell and liquidate positions FOR MAX PROFIT, and/or potentially “buy the
bottom” or “sell the top” zones, for 4 different volatility levels that can be
changed to fit trading conditions “on the fly” … if you find one, let me know,
cuz I’d love to see it … and to that end, today I’m adding “vegas mql4 code” for
STOCK CFD’S … this specific mql4 code is for STOCKS THAT HAVE A 20 DAY
RANGE MA OVER $7 … the high flyers that fit this bill now are NVDA [NVIDIA],
NFLX [NETFLIX], ADBE [ADOBE], MSFT [MICROSOFT], & TSLA [TESLA] … the
spreads are small enough, the ranges large enough, there’s enough in these to
trade ‘em … to give you an idea how good the V3 algorithm models these stocks,
directly below Friday’s day [9:30 AM EST - 4 PM EST] IN NVDA.
If you’re an individual “Stonks” trader, trading the CFD gives you 1) both long &
short capabilities, 2) trade in 1 share increments, and 3) get much higher leverage
than trading the actual “Stonk” … as long as the volatile stock has a 20 Day Range
MA OVER $7, you’re good to go … NVDA currently has a 20 Day Range MA
of ~ $14, NFLX ~ $12, ADBE ~ $11.50, MSFT ~ $7.80, & TSLA ~ $9.50 … pick your
poison!
I’ve done some restructuring over in “Download Links” … the mql4 code is
segregated into 3 groups … 1) “VEGAS SUPER SCALPER TRADING ALGORITHM
V3 mql4 code” … this has VIDYA CMO1.1, Uniform Fisher Transform [UFT], and a
spread indicator you can put on your MT4 screen if you desire … 2) “VEGAS
STOCK CFD & STOCK INDICES mql4 code” … by default, the stock CFD is for
dollars and cents, thus 2 decimal … by default, if not mentioned, the stock index
is the most popular index quoted on MT4 platforms … other decimal formats are
shown if your MT4 supports them … 3) “VEGAS CRYPTO GOLD CRUDE OIL FX
mql4 code … by default, if not mentioned, each is the most popular quoted on
MT4 platforms … e.g., in FX it’s 5 decimal format for dollar pairs, and 3 decimal if
appropriate for crosses, otherwise 5 decimal format.
If any code doesn’t work for your particular MT4 & specific market, email me with
details [e.g., which decimal format you use] and I’ll try and resolve the problem
ASAP.
Directly below, the 20 Day Range MA’s for selected markets … I’ve expanded the
table to include NY session ranges for EURUSD, GBPUSD, & USDCNH.
Although I didn’t mention it, it goes without saying that wherever you trade, you
have to know your house and whether or not 1) they’re playing the scumbag
“variable bid/offer spread game”, 2) what kind of “Scumbaggery & Fuckery”
they’re trying to screw you with via the variable spread [watch it for 5 minutes to
see], and 3) ultimately how much it’s gonna raise yout cost to do business … as I
highlighted before, Coinexx is the defacto “KING” of variable spread bullshit, and
the horseshit they throw at you in EURUSD disqualifies that market for the PAMM
… and they do it in the other FX pairs as well … what good does it do to quote a
bid/offer spread if you ain’t gonna ever get it!? … at IQCENT, I know I’m gonna get
the bid or offer when I click the button in EURUSD, USDCNH, OR CRYPTO … while
there might be a change in the bid/offer in faster moving markets, at least I know
I’m not gonna get stuck with bullshit, off the market slippage … do the math
Skippy … trades per day * money saved = end of year big bucks in your pocket
… onto the week!
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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