SUNDAY UPDATE: NEGOTIATIONS WITH A VIRUS

 

“Libtards defeat COVID! … party on Bamster!”

“I’ll start treating COVID like a pandemic, when those in power start acting like

it is”! … and from the looks of photos coming out of Ex-Preezy Empty Suits b-day

bash out on the craggy altar of Libtard Utopia [Martha’s Vineyard], it’s party on like

it’s 1999 … pandemic? … what pandemic? … masks? … “masks are for Rubes,

the “little people”, which is why we make rules we are exempt from”! … the virus

and all its cousins from “Delta to Lambda” wouldn’t dream of interrupting the

Bamster’s special 60th, cuz even the viruses know of course, these are the

planets “saviors” and “special emissaries” from Mommy Earth, trusted with

solving mankind’s problems, which of course they only make worse.

So, we can all sleep easy now, knowing the virus is either defeated OR it’s a hoax

to begin with, used as a political weapon by all of the “Little Joe Stalin’s”

wandering around looking to control somebody … anybody … cuz remember

fellow Serfs, “never let a crisis go to waste”! … not that it will matter, simply cuz

for Libtards, if it wasn’t for double standards, they wouldn’t have any standards

… how many more examples Sheeple need to see the glaring hypocrisy of the

supposed “ruling class”, before they abandon these assclowns, I dunno … what

I do know is this … brazen in their hubris & contempt for ordinary people, there

will come a day in the future, where they “jump the shark” and won’t be able to

walk back the damage … think French Revolution … and all of their “spin” will be

for naught, as the revolution that comes next will happen fast & furious … heads

missing from shoulders is a foregone conclusion, and life as you knew it is

O.V.E.R. … each passing day sees us get closer, and all you have to do is look at

Preezy Idiot Boy and his suddenly disappearing “Manchurian Candidate” VP and

look at the direction of the “U.S. of China” and where it’s headed, to know that

across the country resentment is brewing and bubbling “hot” … it only gets

hotter when Dopes like Bamster shove it in peoples faces, to prove he’s “special

& exempt” … EXIT QUESTION: “Hey Bamster, since you’re such a wonderful

“humanitarian” and care so much, why didn’t you celebrate your b-day down in

the South Side of Chicago? … you know, down in the Hood, instead of the all

white [except for you] Libtard Holy Grail & stomping grounds of the Kennedy

family? … EASY PEEZEE ANSWER: cuz he’s a fraud and always has been … he

leveraged his race to convince suburban Libtards he wasn’t like Al Sharpton or

Jesse Jackson, and according to none other than Preezy Idiot Boy himself, he

was [paraphrasing] “clean and sounded non threatening” … he’s always been

about MONEY AND HOW BEST TO GET IT … what about all those people down

in the Hood who voted for him? … he could care less, they were nothing more

than “Useful Idiots” … and yes, now he’s a COVID HYPOCRITE! … so what?

… do you honestly think he gives a shit”?

I said on Friday I was going to liquidate and perhaps modify the “Model

Portfolios” … here are the bottom line details … all of the options positions in

GLD & SLV were liquidated at the close on Friday … our BTC position was

liquidated early this morning … -$453 for GLD, -$237 for SLV, & +1,329 for BTC

… that nets out to a gain of about +$639 in a little over 5 weeks … over in

“Download Links” in the “Portfolio Models” pdf, I have the breakdowns for those

wanting the details. Quite frankly, gold & silver disappoint again as Basel 3 is a

very big disappointment in my book … same old shit different day is all with the

scumbag bullion dealers … I’m looking at ETH for a position, and more than

likely have a recommendation come next week’s blog update.

For “The Syndicate”, we have jettisoned the crypto alt-coins cuz they aren’t

doing anything … these rallies in BTC & ETH are not carrying over to the alt-coins

like I would want them to, and volumes, liquidity, and most importantly SPREADS

are a far cry from the optimum levels we saw pre BTC crash in May … and with the

week approaching, and on a lightning fast & FAIR trading platform, I expect some

good opportunity for “The Syndicate” … from our inception back at the end of

November 2020, up to today, participants are UP APPROXIMATELY 51.25% NET

… that’s an improvement from when I stopped trading the alt-coins and we were in

the low 40’s … last week’s one day gains of 3% helped of course, but more than

that, I’ve transitioned out of holding BTC for some of our profits, and transitioned

into ETH, which for MAX gains going forward, IMHO ETH is the place to be and will

gain far bigger percentages than BTC … BTC is a “store of value” [SOV] coin,

while ETH literally OWNS DEFI & BLOCK CHAIN, and has far more potential

in the sphere than BTC into the future … before the BTC crash in May, we had

approximately 19% of our GAINS [profit only, not original capital] in BTC … as that

market lost value quickly, I sold BTC and held dollars, and as ETH recovered and

went back up through 2,000 I bought ETHUSD … we aren’t holding as much ETH

as we did BTC, primarily cuz what we are trading now requires higher margin

requirements, and is priced vastly higher than the alt-coins we traded that were

under $2, so we need more cash … currently we’re holding approximately 6% of

our GAINS in ETH, and as profits roll in from trading, on “dips” I’ll be switching

dollars to ETH and build this back up … participants should view this as our

“risk free” call option on megabucks valuations in BTC & ETH, but as time goes

on, ETH will gain on BTC … all of this can be done quickly & easily within

minutes … going forward & starting next week, on blog update Sunday’s, I’ll be

posting the financials & graph showing NAV [Net Asset Value} for

“The Syndicate” participants.

On Friday, I had a very long talk with Turnkey … some changes have been made,

along with some technical updates, we’ll see if this week does any good or not

… theoretically it should, but as I told ‘em in no uncertain terms, “I don’t trust

your LP’s and I think they’re thieves … stop the thieving and I’m a model trader,

but don’t serve me a chicken shit sandwich and try and convince me it’s chicken

salad”! … I think we’ll be OK in the PAMM, going back to the DOW30, I simply

have to adjust my timing parameters to deal with slightly longer positions, and be

ready to sell the rally.

One final item for today before the week begins … over the last few weeks, for

whatever the reason, Turnkey and their crypto LP or group of LP’s [they’re ALL

HFT’s], have become highly competitive, with most days seeing both BTC & ETH

having the LOWEST COST TO TRADE anywhere you wanna look … I don’t want

to trade BTC simply cuz it can be too volatile very quickly … I’d rather focus on

ETH or even LTC and/or BCH if they get active again … if conditions are right, and

that’s a big “IF”, I may trade some ETH for the PAMM … not sayin’ I’m gonna, just

don’t be surprised if some trades show up is all.

Directly below, world “Stock Bellies” 20 Day Range MA’s … sorry, I missed this

last week, but here it is, updated for the coming week.

click on table to enlarge

So, onto the week at hand … outta here … “the future looks so bright, I need

sunglasses”! 😎 … Onward & Upward!!

-vegas

SUNDAY UPDATE: MODEL PORTFOLIOS DOING WELL

“Official mantra at FED manipulation HQ!”

Loss of freedoms, the WUHAN KUNG FU FLU, an ever worsening economy, and last

but certainly not least, the largest CLUELESS political class evahhhh seen … all of

these things and more got you down Skippy? … well cheer up, directly below the

“OFFICIAL” song of the FED, where on good authority of anonymous sources inside

WaPo & NYT, it plays nonstop! … go ahead, give yourself 2 minutes & 44 seconds of

pure delight, and watch the blues wash away, knowing “your betters” are on the

scene to FUBAR everything they touch!

https://www.youtube.com/watch?v=StTqXEQ2l-Y

And if that doesn’t cheer you up, or maybe not enough, all you ever need to know

about “Stock Bellies” is right here, directly below! … no need to send your kids to

worthless indoctrination [a/k/a “college”], just have them watch the 3 VIDS I LIST

HERE!

https://www.youtube.com/watch?v=_WoLqtw681Y

“For the Federal Reserve so loved the world that they gave us their anointed

son Jerome Powell, and that whoever believes in buying the fucking dip shall

not perish, but obtain eternal P&L life. Amen.” - Cardinal Cash

https://www.youtube.com/watch?v=0akBdQa55b4

“What we have here is a failure to communicate … just BTFD, you fucking

idiot”! … and if these 3 VIDS don’t make you laugh and cheer you up, nothing

ever will … seriously, I almost soiled myself with laughter … and yea, there’s

floor trader language throughout the last 2, with many “F-bombs” for added

emphasis that only make them more hilarious IMHO … if they offend some, I

don’t care, just deal with it.

Reviewing our portfolio models, the BTC trade on right now is UP

approximately $4,369, the GLD trade on right now is UP approximately a

whopping $8, and the SLV trade on right now is DOWN approximately $183

… taken as a whole, they’re working just like they’re supposed to be working

… if I had to choose one group to focus on, though, it would be BTC, simply

cuz the options prices are, to put it mildly, “F-ing ridiculous” … premiums are

well OVER 100%+ annually, and if the trades are done right, meaning you

protect yourself and don’t do “stupid shit”, back the Brinks truck up … I

would caution though, that near term expirations in OTM “calls & puts” run

the very real high risk of “gamma squeezes” you may not be able to trade your

way out of or get adequate protection cuz price is moving while time is running

out … so be very careful when thinking about “days away” expirations and the

phantom “fat premiums” that look like low hanging fruit. IMHO, you’re much

better off playing longer term time frames.

This week sees me back in the NDX100, and if conditions are right the DAX30

as well … trading algorithms in general can’t deal with the utter bullshit seen

in the DOW30 on Friday from Turnkey’s LP’s … a bigger bunch of thieves in

trading finance you’ll never find, and it wasn’t even that volatile a day, with

barely a 200 index point range … now I know why nobody trades it, and instead

the volumes go elsewhere … but anyway, water underneath the bridge, time to

move on … I think we’ll be OK in either the DAX30 or NDX100 … the former for

trading before the NYSE opens, the NDX100 after the cash open … by all

accounts of measurement that I can see, the scalping algo does extraordinarily

well in both … onto the week.

… outta here … “the future looks so bright, I need sunglasses”! 😎

… Onward & Upward!!

-vegas

 

SUNDAY UPDATE: A NEW ERA IN GOLD

 

“Better life through gold trading!”

I like what I saw last week in gold, cuz there’s better IVIX on the M1’s and a little

bit more FOMO & panic to the trade … in other words, just like crypto! … I have

no idea if the scumbag bullion dealers are completely gone from gold, but the

trade feels better to me … not as much suffocating pressure on price all the time

… hopefully this continues indefinitely.

Over in “Download Links” I’ve posted the pdf’s for position trading GLV, SLV, &

BTC … no positions yet in the SP500, cuz everything in the “Stock Bellies” is

skewed to shit, with PUT protection pricing off the charts and a market that

refuses to go down. When positions are initiated, adjusted, or closed, I’ll update

the pdf’s.

Another shortened week due to tomorrow’s celebration of July 4 … can’t have

federal workers get “robbed” of a day off, so natch everything is closed in

markets … FX will be open, though, and it’s a normal day for Asia & Europe.

Onto the week … outta here … “the future’s so “GOLD”-en bright I need

sunglasses”! 😎 … Onward & Upward!! 

 -vegas

 

SUNDAY UPDATE: LOVE IS AN ACT OF COURAGE

 

“There is never an end result! … only more love!”

Trading is an act of love … it requires & demands courage … the courage to face

reality, and when reality changes, so does your trading! … countless things to

absorb & learn, but none more important than understanding how your market

works … and for the vast majority of people, they really don’t know what drives

markets to do what they do … yesterday, I released “The Period 5 Algorithm” for

scalpers, which is simply a more defined approach based on “The Modified

Tunnel Trading [TT] Algorithm”, and it digs deeper into the scalping process

… looking at today’s markets [excluding crypto], given all of the scumbaggery

& manipulation of central banks across the spectrum of MT4 markets, 2

phenomenal criteria emerge that cannot be ignored … 1) VIX is down across the

board … that means lower average daily ranges AND more instances of the

infamous “Flying Wedge of Death” [FWD], and 2) markets that trend nicely for

days & weeks are a thing of the past … over decades of trading, there’s only

one trading regime that makes money under all conditions … Bull, Bear, Neutral

… and that’s scalping successfully.

What matters of course are 1) getting the LOWEST total cost to trade, 2) very

tight bid / offer spreads, 3) super low RT [round turn] commissions, 4) latency

of execution time on fills must be excellent, 5) high volumes & liquidity for even

the biggest traders, AND 6) slippage MUST BE minimal to non existent

… assuming all markets move and have VIX, the more of these 6 that hit the

target, the better that market is for scalpers … and if you’re a true scalper, every

market outside FX will disappoint and cost you money “bigly & yuge” … to whit,

“Stock Bellies” CFD’s are a joke when it comes to slippage, and other markets

have spreads that are to “Hoover Dam” high.

Under certain circumstances, crypto alt-coins can be excellent scalping markets,

but as we’ve seen lately, when VIX dries up these markets dry up as well as the

specs leave in droves for supposed “greener pastures” … spreads widen, right

along with lower liquidity on the “open order book” platforms, and the excellent

scalping seen before is a distant memory … now it’s “chop city”. Again I will say,

over the years and decades so far [and we’re only 50 years into the “modern era”

of trading], looking at all of the available markets to trade from Ag markets,

interest rates, stock indices, energy, & metals, ONLY FX has kept all 6 criteria

above while the rest have “waxed & waned”, getting hot / cooling off and

basically being a nightmare to scalp effectively constantly & consistently over

time to allow you to not only make a living and live the trader lifestyle, but

accumulate wealth in the process … cuz when they grow cold and stay that way

[hello interest rate futures & Ag markets], how you gonna make money honey?

Most days, it’s easy to overlook the FX pairs when crypto is exploding [up or

down], the metals are on fire, or “Stonks” are getting the “Plunge Protection

Team” [PPT] lift, and they grab the headlines … meanwhile, FX is hosting the

largest volumes & liquidity by far known to markets … meaning you can trade

in million dollar notional sizes if you want and nobody notices … try that in

Turnkey’s [or anywhere else for that matter] “Stock Belies” CFD’s and I’ll wait

for the slippage screams from hell … twice, cuz you gotta liquidate as well! … it

remains to be seen what gold will look like come tomorrow, but it wouldn’t

surprise me if trading conditions worsened … we’ll see … quite frankly, over in

the FX space, most of the dollar majors have a total cost to trade well below

1 PIP, right along with some of their respective crosses [e.g., EURJPY, AUDJPY],

and the premise behind “The Period 5 Algorithm” is present in all FX pairs

… pick your favorite pair and GO!

Today marks the start of my model portfolios for SPY [the ETF for the SP500],

BTC, & ETH … they join the ETF’s for gold [GLD] and silver [SLV] that were

created 2 weeks ago and have positions on … as of today, no changes yet to

those portfolios, and we’ll see what the Basel 3 changes do to price in the

coming week … for SPY [and options], the “skew” in SP500 pricing between

puts & calls has never been greater … put prices are off the meter needle, as

everybody and their brother bids SP500 OTM puts into the stratosphere, while

calls are melting as VIX goes lower into the July 4 weekend … nothing to do

here as of yet.

Over in BTC & ETH, some of the option IV’s [implied volatility] are so insanely

priced, that come next weekend I’ll have some recommendations on how to

capitalize on these 2 crypto pairs … another week of dull activity into the

July 4 weekend [maybe, maybe not] won’t do much to melt any option with a

longer maturity out into the Fall or end of the year.

Over this upcoming week, I’ll be adding these pdf’s in “Download Links”, so

look for them.   

Onto the week … outta here … “the future’s so “GOLD”-en bright I need

sunglasses”! 😎 … Onward & Upward!! 

-vegas