Great, Google fixed their blogspot platform … only took ‘em all day … either they
found food pellets for the Gerbils running the Hamster wheel, or they were too
busy out protesting for Hamas somewhere … nothing says you “know what
you’re doing” quite like queers, trans, and other assorted life forms upholding
Hamas values, that if they got the chance they’d either be shot, hanged, or
thrown off the top of buildings … I know, how about vacationing some AirBnb
in Gaza next time you got some time off? … you’ll only need a one-way ticket!
I will be the first one in line to admit, when it comes to all of the “financial porn”
on sites like “Zero Hedge” [ZH], with all of the esoteric charts, graphs,
“deep thoughts” from the Homer Simpson types in their silk suits infecting Wall
Street, that not only is it counterproductive to your trading [and that’s the
reason it’s there!], I don’t really know shit to begin with, and that’s perfectly fine
with me! … it only took me about 5 minutes after I graduated university many
blue moons ago, to realize that making money trading is NEGATIVELY
CORRELATED with the investment degree I earned … want to really understand
trading and get a real life “Feel” for navigating the unknown? … “ohhh, that’s a
lot of hands in the air!” … then spend a week in Las Vegas hanging around the
“Texas Hold ‘em” card rooms of the big casinos and take fucking notes of who
wins, who loses, and why?! … the same dynamics at work there are exactly
the same pit dynamics of “dumber-than-a-cats-filled-up-litter-box” floor traders
from yesteryear … they may not be the brightest bulbs in the light store, but
they make a Helluva lot of money … what do they have that you don’t?
You can deny it all you want, but the cold hard truth is traditional markets SUCK!
…. And if you can’t see what’s at work over the last week OR TWO, then either
you’re not paying attention or you’re just dumb as Hell … sorry to be the one to
break it to you but “trading” on the MT4 is like walking drunk, barefoot, naked, &
blindfolded through a rose garden … and when they move and aren’t being
manipulated? … well then, dial up some LP bullshit via their “variable spread
games” … sure, gold & crude oil can have their moments, but as yesterday
showed in crude oil, what good is movement if the effective spread is 5 or 6
cents? … typical … THIS SUCKS! … and today, gold sucked cuz longs are
trapped and the FED has their “boot” on the necks of positioned longs, cuz
WWIII and all that horseshit … “sure looks like “bait & switch” in oil to me, but
WTF do i know?” … you just shake your head and laugh and move on … one
note, though, I’ve switched my emphasis in crude oil for PAMM trading to Brent,
rather than the U.S. version of WTI … better spread, less stop hunts, and IMHO a
“cleaner trade” on the charts … today? … “dead cat bounce” Thursday, where
the trading action is screwed up cuz we saw the early rally … we need to see
early breaks THEN THE RALLY, which will have more power than what we saw
today … and for that to happen, most likely we need some “backing & filling”
with price, with further attempts at new lows that fail.
Another stellar trading day in crypto, the only group of free markets left to trade
… all we got here are the things everybody and their pet rabbit say they want
from a group of markets … then they see its crypto and people are like … “oh,
that’s crypto, I don’t trade crypto … or, I don’t like crypto!” … right, stay where
you’re getting manipulated and chopped to death with pathetic ranges 80%+ of
the time, with nothing that makes sense from a trading perspective cuz you can’t
find me an MT4 platform and house that is gonna let you scalp the LP
… “variable bid/offer spread games”, slippage, & commissions are gonna make
you extremely frustrated … in crypto it’s a different story, and even with some
quirks in their trading platform for crypto [which I’ll highlight in a later blog
coming up], THERE SIMPLY ARE NO BETTER SCALPING MARKETS ANYWHERE
THAT ARE AVAILABLE TO YOU THAN CRYPTO PAIRS AT IQCENT! … want to
remain in denial? … GO RIGHT AHEAD! … the money you say you want to make,
is right there!
No trades for the PAMM today in Brent … a dead cat bounce day, and even with
some legit buy signals, a pretty pathetic move higher that for my money took far
too long to play out … over at IQCENT, a shipload of XRPUSDT trades in a wild
market day that saw plenty of ups & downs with spikes from Hell to match
… “The Syndicate” UP APPROXIMATELY 0.2% on very light volumes … onto
tomorrow.
… 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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