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Showing posts with label TBTF BANKS. Show all posts
Showing posts with label TBTF BANKS. Show all posts

Wednesday, April 8, 2020

HOW HIGH DO YOU JUMP?

“Beware the scumbag LP banks serving up a pile of shit!”

For most habitual losing traders, they have no idea the efforts of the scumbag
LP banks to manipulate your behavior … it’s the modern form of manipulation
cuz you’re the one clicking the buy/sell buttons, not them … you’ve simply been
“conditioned” to respond when they call your name … and like good little sheep,
you don’t disappoint and continue to buy rallies and sell breaks, hoping the
“trend” will somehow bring you a small profit before they run your stop
… sound familiar?

Cuz if you don’t recognize what’s really going on, you don't have a snowball’s
chance in hell of long term success … sure, any Chimp can walk up to a slot
machine and hit some kind of winner, does that make him/her an expert at slot
machines? … fact is, scumbag LP banks USE YOU and millions of your friends
in trading to bail out of longs at the top and cover shorts at the bottom, cuz
they’re the ones on the opposite side of your order, and they count on all of you
collectively to always be there … and guess what? … they always are.

First, it takes understanding how this game is played, who the players are, and
what your role in their eyes is exactly … and it ain't to be the winner, it’s to be
the one who supplies the money … “Oh, don’t like that idea? … then stop being
the Chump at the poker table and wise the hell up and realize what is really
going on” … there is no such thing as “fun-durr-mentals” … only dopes believe
they exist, and bigger dopes that believe they know what they are … trust me,
you don’t know, and can’t possibly measure in real time the changes even if you
had 100% off all the variables … Secondly, all that matters is who’s long and
who’s short NOW, and who is most vulnerable to getting their cashew nuts
broken in half … as I said yesterday, there are things only the scumbag LP
banks know that we don’t, and they use that knowledge to get you to do things
you don’t want to do, but somehow consistently do anyway … a radical
reorientation of your mindset is needed to turn your trading ship around in a
different direction.

As I have said many times on the blog posts, many people have the distorted
impression that professional floor traders back-in-the-day in the pits, were
somehow financial genius material … nothing could be further from the truth
… more than half of ‘em were whacked out 99% of the time on coke or alcohol,
and collectively a jar of pickles would have a higher IQ … what they had was
DISCIPLINE, cuz without it they’d be a part of the midnight janitorial crew in
some office building downtown … in other words, they bought into the concept
of “buy at 1, sell at 2, and I don’t give a fuck about anything else” … do the
concept right, and nothing else matters, cuz money flows, life is good, and it
doesn’t matter whether any market is in bull, bear, or going nowhere.

Trading is simple … I never have said it was easy … the vast, vast, vast majority
of traders who go back to the “Pudding Business”, are back there for one [or all]
of the following reasons; 1) they can’t follow directions of their trading model or
algorithm, 2) they do “stupid shit” like doubling, tripling, or quadrupling up
losing positions until they buy the top or sell the bottom, 3) they use too high of
leverage, and 4) they FOMO [Fear Of Missing Out] the shit out of whatever
market they trade and go apoplectic if it moves up or down and they don’t have
a position … pick any of the 4, and failed traders will almost always have one or
more of ‘em as a glaring weakness in their trading.

Whether anybody likes it or not [and I don’t!], we live in a trading arena era of
unprecedented corruption, blatant government manipulation of markets, and
complete 100% control of the trading process by scumbag LP banks … this is
without doubt, the most unfriendly market environment ever seen in the history
of markets, and in some cases even to label anything a “market” is a gross
miscarriage and bastardization of language … too many of these “markets” are
simply Ponzi schemes run by government [cough, SP500, cough], and others
[cough, gold, cough] corrupt beyond description.

Of course, the banks will vehemently deny these assertions, but court
documents from recent civil cases from those fucked, tell a much different &
true story, and that mirrors what I’m saying … even our own Justice Department
calls JP Morgan a “criminal enterprise” … the only reason top management
[calling J. Dimon] isn’t in jail is cuz they’re TBTF & TBTJ … and so it goes.

Another day in Cable, 8th day in a row stuck inside the range from 2 Friday’s
ago, with the attendant bullshit of the “Flying Wedge of Death” [FWD] ever
present in all of it … today another pile of shit, where Asia trades, Europe goes
straight up, and the U.S. session is what the U.S. session almost always is,
which is “chop chop” let the banks get rich, and fuck traders left & right the
entire session … today nothing different than the last 7, which sees absolutely
nothing but panic up / panic down and not much in between … good luck, cuz
there is no market here that I can see outside of Europe trading … the U.S.
session a complete joke.

No trades today in the TURNKEY PAMM / MAM.

We had 3 great setup buy algorithm signals today … only one problem … every
“Hoover Dam” one of ‘em got blown through in price like a chainsaw through a
butter stick … slippage on fills would have been anywhere from 7 - 8 PIPS on
the very low side, to as many as 15+ PIPS on the high side if I had clicked the
button … I’m not here to be somebody else’s “buy fuel” … screw that … sit back
and wait for the next one and hope they don’t fuck with us like they’ve been
doing now since we’ve been in this tight range 8 days running … some days all
you can do is shake your head in disbelief at the criminality & corruption in
these markets … it’s not just “stock bellies” & gold, which are rigged markets
for the clueless, it’s FX as well … think like a scumbag bank and you’ll do well
… think like a player at a craps table in Las Vegas and you’re toast … it’s as
simple as that.

Onto tomorrow, and hopefully conditions will be better, as trade should pick up
going into a 4 day Easter weekend … until tomorrow mi amigos
… Onward & Upward!! 

Have a great day everybody!

-vegas






Monday, January 20, 2020

WE AWAIT DETONATION DAY

“This is your wealth, carrying the burden of central bankers & government!”

MLK, Jr. Holiday in the U.S., and markets are closed … and after yesterday’s
revelations, all of us simply await the judgement day of detonation in financial
markets … you’re either prepared for it, or you’re oblivious to the risks … isn’t it
nice to know that hedge fund leverage with the scumbag TBTF [Too Big To Fail]
& TBTJ [Too Big To Jail] banks on the other side, is all that separates your wealth
from total ruin … QUADRILLIONS OF DOLLARS OF RISK, and if you somehow
think the clueless faculty lounge Twits at the FED can handle this mess when it
comes, you’re gonna love that beachfront property I got for sale in Kansas!

What quickly dawns on you with some critical thinking, is that EVERYTHING in
the world is set up for the benefit of banks … electronic trading, markets, FX,
credit / debit cards and the Mafia interest rates charged, the paltry return on
savings … the whole enchilada is for banks benefit and your enslavement.

And while the Twits in the faculty lounge are clueless, it doesn’t mean they’re
stupid … they know an avalanche starts with the first handful of snow, and so
they are totally paranoid over ANY increase in short term interest rates AND any
decline in stock prices that might sour bullish enthusiasm for MOAR! … the
result is the Ponzi scheme continues, and it will continue to continue until the
weight of the bubble cannot overcome MOAR QE bullshit, no matter how much
they pump in … quite frankly, for whom the Gods choose to destroy, they first
blind with greed and hubris, and in the history of the world there has never been
a group of people more deserving for comeuppance than those at the mighty
FED.

The FED’s objectives are to eradicate 1) the business cycle, 2) the human
behavioral trait of “fear” [greed is OK],  3) promote propagandist government
omnipotence, and 4) by way of #3, hope to fear monger gold & crypto … they will
fail in all 4 before they completely wreck the U.S. … the FED’s ultimate goal is
EASY PEEZEE, it’s to enrich their masters of the 0.0001% global elite who call
the shots … isn’t it amazing that all of these FED Gov’s, once they “retire” from
the FED, go on to cushy 7 digit “consulting” jobs with the likes of the
“CRIMINAL” element in finance, the big Wall Street banks … amazing how that
works … no worries, probably just a coincidence don’tchathink?

There’s just one big problem for the FED … “money can now move much faster
than government’s ability to stop it from moving”! … while the FED lives &
breathes inside a 1960’s paradigm of 12 Federal Reserve banks, and thinks they
still control people’s money via float and skimming for their member banks, thus
enriching them and robbing you, the world is very quickly moving away from
their evil hegemony … enter gold, other precious metals, and of course crypto,
specifically Bitcoin [BTC], and the howls you hear from “worried” government
elitists that only criminals & drug dealers use crypto, tells you everything you
need to know about CONTROL OF YOUR WEALTH BY YOU, that has them
terrified beyond belief … if they can’t track & control the movement of your
money, how do they control you? … and as long as stocks continue to defy
gravity and go higher, they know your greed will keep you happy and in the
stocks “game”, so no need to worry about controlling you, they completely
know & understand your behavior … but if that changes in any material way, the
avalanche could start, and if the avalanche starts, money moves quicker than
government and there isn’t a “Hoover Dam” thing they can do then to “get you
back into the fold” … fucking GAME OVER! … this is there fear.

In less than a decade, technology has transformed the world in ways nobody can
quite get a handle on … unless there’s a specific need, like holding titled real
estate in foreign domiciles [e.g., Panama, Caribbean, or other jurisdictions that
are capital friendly, private, and anonymous], crypto obliterates the need for tax
haven IBC’s [International Business company] or PIF’s [Private Interest
Foundation], and saves you a ton of money … buy crypto at “decentralized
exchanges” [DEX], and hold them in online or physical cold storage E-Wallets
… your money and wealth are now outside the control of government … open
trading accounts at offshore brokerage houses [PRIMEXBT, through my affiliate
link!] that allow deposit/withdrawal in crypto … suddenly, the FED doesn’t look
so omnipotent now do they?

Meanwhile, on the world stage, both Russia & China are accumulating gold bullion
in record amounts … I’ve said before and I’ll say again, at some point both
announce their national currencies will be backed with gold, and watch the
capital flow into them and out of fiat, worthless paper dollars … currently, they’re
forming payment systems that skip the SWIFT system, thereby telling the U.S. to
go pound sand … well now, isn’t this interesting.

So, another day, and the “Goebbels” department of truth, a/k/a the FED, shills up
some more QE for markets to gobble up on behalf of hedge funds, all the while
telling you not to worry … “don’t worry ‘Murica, we got your back”! [We’re from
the government and here to help.] … and if that doesn’t terrify you, you are
indeed a card carrying member of the “Sheeple” class of dopes.

As I said earlier, no trading today in the U.S. for MLK, Jr. Holiday, and Europe was
a dismal joke … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas


Wednesday, February 13, 2019

THE WORLD IS DIVIDED INTO TWO CAMPS

“Besides the military, is there anything they can’t completely FUBAR!?”  

It’s becoming increasingly clear to me, that the trading world is being torn 
into two pieces, each moving away from the other … on the one hand, you got 
the brokerage house establishment that wants to know every “Hoover Dam”  
thing about you, while at the same time protecting & enabling the biggest 
crooks on the planet, the TBTF & TBTJ scumbag LP banks … protected by 
Pols, Apparatchiks, exchanges, & regulators everywhere, they do whatever 
the hell they want, when they want, in any market they want, with almost 
zero accountability … “we all know some of the biggest trading crooks in the 
world reside on Wall Street … round up the usual suspects … they’ve all paid 
fines in the hundreds of millions of dollars [chump change] to settle insider 
trading, manipulation of markets via front running customer orders, defrauding 
customers with off the market fills, etc. … how many have landed in jail? 
… how many at the top of the food chain have been punished? … right, none”!

On the other side of the equation, there are those that want to trade and be 
left the hell alone … in other words, take your stifling & expensive regulations 
and stick ‘em where the sun doesn’t shine, cuz they know that in the history of 
the world, not one single damn regulatory body has ever prevented fraud 
before it occurred … where were the U.S. regulators & exchanges when 
REFCO & MF Global went belly up? … where were Treasury & the SEC 
when Bernie Madoff was around pilfering billions? … billions spent, nothing 
prevented, the private sector foots the bill for ineffective, wasteful, corrupt 
government … “I get it, fuck ‘em”!

Why do governments HATE gold, and by extension cryptocurrencies? 
… “well, cuz they can’t be cheated by Pols & other assorted scumbags feeding 
off of government … all for your protection of course … you know the drill, 
preventing terrorism, money laundering, and all the other assorted “bogeymen” 
government invents to control their own populations … meanwhile, over the 
course of the last 116 years, the FED has debased the U.S. Dollar by over 99% 
of its purchasing value relative to 1913 … yes, well done, please stop fucking 
protecting me will ya”?

And that brings us to trading … cuz now, things are exploding at a pace I 
never thought I would see. Just today, I see where you can open a live account 
at COINEXX “anonymously” with only your name and email address … no 
verification needed or wanted … fund it seconds later via Bitcoin, and be 
trading for real minutes later … withdraw it back to Bitcoin, send the Bitcoin 
to literally dozens upon dozens of crypto-exchanges scattered throughout the 
world, and then have the balance put on a debit card you can spend like your 
bankcard. “Who’s shitting in their collective pants now”?!

Cuz I got news for anyone and everyone out there who thinks regulators, 
futures exchanges, stock exchanges, U.S. banks, and all the other alphabet 
parasites who feed off productive humans … “if somebody wants to cheat you, 
they’re gonna find a way to cheat you, and the deadwood that hangs around the 
periphery promising to protect you, isn’t gonna do Mr. Jack Squat at crunch 
time … period … end of story … they’ve never done it in the past, and they sure 
as hell got no motivation in the future … the U.S. being a prime example”.  
Simply between the Wall Street banks, they cheat & steal millions a day, and 
I don’t see any of them perp walked … do you?

Gold starts today off like its sleepwalking … and then a FED Pie Hole opens 
up about “just one more increase in rates”, and gold takes off … up to that 
point, it looked like a $6 range was gonna be it for the day … as it was, we go 
to $10 [big whoop] before the inevitable, “let’s clean out some customer long 
positions” … now we drift, but it’s no more than the same old shit different 
day syndrome gold has carved out these last 6 or 7 days inside a very tight 
$15 - $17 range.

One algorithm buy signal today … PAMM up slightly more than 0.1%.

It’s simple … when the trade picks up and the range expands, the algorithm 
produces profitable results … when the trade sucks, and there’s no volume, 
no range, and nothing but chop, we sit cuz there are too many false positive 
algo signals … it simply becomes a flip of a coin … and I’m not here to flip 
eff-ing coins! 

Onto tomorrow, where I’m hoping the range can stay above $10 and expand 
some … up/down, I could care less, but put in some movement for heaven’s 
sake … this $6 - $7 range crap is for the birds. I’m outta here … until 
tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
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