“In so many ways, they’ve already trapped you!”
I figured out rather quickly, I’d say within 10 minutes of my first job after
graduating from university with my shiny, new B.S. degree in finance, that the
entire U.S. corporate sector, right along with government, was corrupt as hell,
and that there was no way I’d spend my life ass licking for a paycheck … in
other words, “I’d rather die on my feet, than live on my knees!” … that was
decades ago, and it’s only gone exponential worse since then.
Quite frankly, unless you’re living underneath the interstate bypass bridge in a
box, and checking in here via the public library, they’ve [government at ALL
levels] already gotten to you financially in a very big way … and yet you stay and
put up with the shit … if you live in a “blue” state run by Libtards, I feel
somewhat sorry for you … not all the way cuz you’re still there … at what level,
when the shit rises, do you finally wake up and notice the stench? … when shit
hits your waist, your underarms, or right underneath your nose?
Somebody explain to me, and maybe next time you get to question a Libtard Pol
you can ask them, how a person living in Russia has MORE FINANCIAL
FREEDOM than a person who lives in the U.S.? … how’s this possible, given the
propaganda of “land of the free and home of the brave”? … it used to be, but it
sure as hell ain’t anymore … now it’s, “land of the indentured, home of the Serf”!
And whether you like it or not, and I’m sure plenty don’t, the world is changing at
light speed and bringing about revolutions that government is hapless to slow
down, never mind stopping … the digital revolution is here, and the
consequences of it are having a profound change in finance … all of the old
world financial institutions, from banks, credit unions, charge card companies,
and brokerage houses are analogous to dinosaurs wandering the earth before the
meteor hit … and then life changed forever … that’s kind of where we are at now,
and I can see the meteor in the sky about ready to hit … of course they will resist
change, arguing it isn’t in the best interests of government or society to see you
be in charge of your own money … “it’s for the children, don’tchaknow!”
And at the forefront of this digital revolution, hitting you right between the eyes
with a brick, is “crypto” and the block chain technology behind it … cuz when you
truly understand and “get it”, you can’t go back and look at life the same anymore,
cuz it changes everything you thought you knew … sure, you can put your head in
the sand and pretend it’s got nothing to do with you … but you are WRONG! … it’s
got everything to do with you … still want to grow up and be a typewriter repair
technician? I understand that for many, understanding the phenomenon of Bitcoin
[BTC] and how it made millionaires & billionaires, is as confusing as how the Jets
beat the Cowboys a few weeks back, and how many think the “easy money” has
been had and that all this crypto stuff is just a fad or a Ponzi scheme to be
avoided. When you hear that, just consider the source of the remark, and ask
yourself what they have to lose when the FULL revolution hits … they have plenty
to lose and they know it, and they’ll say anything, do anything, ask government
for protection, but in the end they’ll come around quickly when they see a buck
to be had.
Over in the right hand column, under “DOWNLOAD LINKS”, is the original
“whitepaper” written back in 2011 by Satoshi Nakamoto for Bitcoin … this is the
research paper that got the whole ballgame started, and it explains quite well the
whole story behind Bitcoin … it’s only 9 pages long in PDF, and while there is
some probability theory, mainly Poisson distributions towards the end that lay
out some of the math, if you’re not math inclined or don’t have the training, just
skip over the math and read the rest, and you’ll get a very good understanding of
why block chain is the future of just about everything, including trading, banking,
and everyday commerce. I post this paper here to give you the knowledge you
need to become successful, and to impart the necessary understanding of why
you need to pay attention to this technology … the PDF is free, and either
download to your device or read it online … the file comes from my shared file
folder at box.com.
Turning to today’s garbage [I’m thinkin’, not sure of yet] trading in the DOW30
… so far, here in the very early A.M., Paradise Island Time, things don’t look like
they want to move much … not much of a range to speak of so far, and it’s been
pretty much a “chop” affair.
Well OK, 90 minutes into this clusterfark, and the “Flying Wedge of Death” [FWD]
has blown out both longs and shorts, with moves up to the high and moves down
to the low … so far, those looking for an extension of today’s so far pathetic range
have nothing to hang their hats on, except losses via stops … nothing here so far
except chop, and vicious chop at that … as I’ve said previously, I can control how
I trade and make intelligent trading decisions, but I can’t control volatility and the
lack thereof … if we don’t get the necessary intraday VIX, you simply have to take
a pass and wait it out … unless you want to make trades based on coin flips, you
sit … give the manipulators credit, they sure know how to wreck markets … over
the last 10 years, they’ve completely ruined FX, have taken normally volatile
commodity groups and turned them into dust, and in these last months have
crushed VIX in stocks, gold, and crude oil … well, they sure as hell can’t control
crypto, now can they?
But again today, another relatively quiet day in the crypto space with not much
going on … BTC a very light range, well below its 20 Day Range MA … some of
the spreads have moved a little, but even they are well below normal.
Stock indices are caught in the miasma of central bank manipulators and their
QE bullshit, versus everything else [including China] that looks like death on a
stick … outside of the scam known as “corporate buybacks” and QE funny
money flowing like a river to Wall Street criminal banks like JPM & Squid, the
stock market is the levitation act that convinces people to park more and more
money with passive investment ETF’s, ETN’s, & index funds … when SHTF at
some point in the future, good luck getting out of these in panic selling
conditions … a better alternative IMHO is crypto, especially if you’re under 35
… a portfolio of these make a lot more sense looking ahead than QE pumped
stocks that are over owned by institutions worldwide … and I’m not talking
about the scam coins that have no utility in the real world except to gain from
specs … I’m talking about the companies that have block chains and/or biz
developments for the block chains, where their coins make sense from a biz
perspective cuz they drive commerce in a whole host of industries … this is the
beginning of an entirely new industrial / digital revolution, and there will be
huge winners and huge losers as time passes from here, and the coins adopted
for this revolution that meet the demands of the marketplace [and not
government] will get the most use, and most likely will be the big winners … and
BTC is uniquely positioned to take advantage of that.
And as soon as 10 years from now, the entire spec universe of traders will be
trading some index made up of the largest, most capitalized coins, and be the
future equivalent of the DOW30, only it’ll be something along the lines of the
“CRYPTO30” … it’ll be priced in BTC, quoted, & traded worldwide by millions of
people, knowing full well it can’t be manipulated by government.
See how the world looks then and tell me why I should give a shit about 99% of
the stocks offered today, where their only “earnings” come from corporate
buybacks, and the stock price is beholden to QE flow from the FED to Wall Street
criminal banks … thanks, no thanks.
Noon in Gotham, and this is one of the biggest bags of shit I’ve seen lately in the
DOW30 that isn’t Holiday related, where trading trading conditions have taken the
aura of the County Morgue … an approximate 100 index point range, where you
to can get chopped up and spit out in the FWD … this is simply horrible … thank
you manipulators for killing another market again today … what utter horseshit.
Well, that escalated quickly to the downside, didn’t it? … drum roll please … why
yes Skippy it’s a “China trade deal” planted headline … this time though, now that
all the Chumps bought stock on the way up, now they get to sell it on the way
down … simply the “Comex Con Game” in reverse … seems the report from
Reuters says, conditions aren’t right for a trade deal “this year” … well, isn’t that
special … and how many days from now will it be OK again and the trade deal is
back on again? … feeling manipulated yet?
So again, markets trade “speed of light … crickets”, and unless there’s a planted
headline, and/or a POL or Apparatchik moving their lying lips, nobody seems
interested … I’m left wondering when the HFT’s stop falling for this shit, like
they’ve been doing recently in GBPUSD … simply getting tired of being “played”.
When does the WH send out Kudlow for the rebound?
Here in the late afternoon, the manipulators doing their “Hoover Dam” best to
drive shorts into the ground, as the DOW30 crawls higher after spending about
30 minutes at or near the low of the day … sure, everybody gets a chance to buy
the low … right, go with that day after day and let me know how it works out for
ya … remember, just cuz it works once or twice, doesn’t mean it’s a great
strategy, cuz over time EVERYTHING HAS TO HAPPEN! … this really wasn’t a
very good trading day from a trader’s perspective … most all of the range put in
on the “China trade deal” headlines, and then the slow crawl higher … quite
frankly, from the DOW30 I don’t want anything to do with a “slow crawl” … I
want “buy fuel” getting burnt up like a Saturn 5 rocket taking off for the moon
… if you want or like slow crawls, go trade EURUSD or USDJPY, and you’ll sure
as hell get your “slow crawl” … not here, though!
One very good algorithm buy signal today … FX CHOICE PAMM / MAM UP just a
hair short of 0.3% … Turnkey PAMM / MAM no trades cuz it’s Turnkey and do I
really have to explain it again for the umpteenth million time?
A very good buy signal near the bottom, and I took full advantage … went
straight up from my buy fill … the sell could have been better on the fill, but no
complaints really … without some kind of bottoming process outlined in the
“Traders Course” [TC], chapter 6, I didn’t get another signal down near the
bottom … no worries, opportunity never goes away for us! … and quite frankly, I
could care less what the actual DOW30 does or what level it trades at … I CARE
ABOUT MAKING MONEY FROM IT!! … and what I outline for you in the TC gives
you the roadmap for success … as long as it “trades”, we’ll make money from it
with a very high probability … I can’t make it any simpler than that … and if the
stock indices can ever get up off their collective asses and start trading, and stop
scraping a 2 YEAR LOW IN THEIR 20 DAY RANGE MA’s, we’ll not only have more
trades, but our PAMM / MAM can generate better returns … as it stands during
the bullshit of QE, all I ever quote for results is that the algorithms “should”
… read ‘SHOULD”, and don’t read guarantee … “should” have a very high
statistical probability of generating returns in excess of 50+% per year.
Tomorrow more than likely sees the “paperwork” finished at my new trading
home, and I’ll be officially ready to share details … home for me to trade in
1) crude oil, both WTI & Brent, 2) DAX30, 3) HANG SENG 50, and last but certainly
not least, 4) CRYPTO!! … you absolutely won’t find a better place to trade crude
oil via CFD, and ditto with crypto … simply the very best and lowest cost in the
2 market complex’s today that are outside of government manipulation, and
consistently are the most VOLATILE MARKETS TRADED! … as for the DAX30 &
HK50, very slightly higher “net cost”, but given how they trade not a problem to
profitability. Their SP500 has too high a cost, and they don’t offer a DOW30 CFD
… they’re great, I never said any brokerage house is perfect. … until tomorrow
mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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