“And then suddenly … you got brand new worries!”
While everybody sits and waits for President Trump to decide the fate of the
Western World via his tariff decision on China due sometime today, it seems to
me like a very good time to go over why you can’t find your yacht anywhere you
look for it … amazing huh? … all of your exquisite decision making, up to this
point, has gotten you where exactly? … quite frankly, I feel sorry for present day
Millennials just graduating college, especially those from “B-schools”
… “congrats!, you are now an official “worker bee! … now get your ass out there
and make coin for a corporation who will treat you like shit, give you only enough
to make it to the next paycheck, and someday outsource your ass … you should
have seen it coming, but 99.99% don’t … some things never, ever change”.
And here’s the brutal truth … “you can’t find your yacht due to one big reason
… YOU … in your head, you’ve convinced yourself through various means &
most likely other people, that you’re either 1) too stupid, 2) don’t deserve it,
3) you’ve erected artificial hurdles that need to be jumped over, and today isn’t
the day to “hurdle”, or 4) you can’t handle life where you are responsible for your
own wealth creation”.
Boom!, there it is, deal with it.
I have a tremendous amount of respect for those that “hustle” … the go getters
… the ones who know what they want and don’t give a shit for 1) what it takes,
2) how long it takes, 3) what needs to be done, and 4) what anybody else thinks
about it … ALL hurdles get taken out head on! … movies like “Wall Street”,
“Boiler Room”, “Wolf of Wall Street”, “21”, immediately come to mind … and
whether you agree or disagree with the characters moral or ethical embodiment's,
one thing is clear from all of these films … the system is corrupt, the system is
unfair, and these characters portrayed in these films have figured out how to “get
theirs”, despite the heavy odds against them. But in the end, they’re all
“hustlers”, and I don’t use it against them in a pejorative sense … they are what
they are … I am what I am … you are what you are … the question then becomes:
“Well OK Skippy, do you have what it takes INSIDE, to be a trader full time? … to
make your luxurious living possible? … and it ain’t about money”!
Money can be found everywhere … it is the least important of the elements
needed to be successful. I can tell you flat out, straight up, there is no such thing
as a “born trader” … everybody gets trained, everybody has someone or a group
of some bodies who’ve trained them … get shit training, and you know where
you’re headed … bottom line is this: “go ahead and spend thousands of dollars,
waste your time, & get sheared like a lamb, from those who say they know how
to trade … go ahead, it’s your money & your life … OR … get the “Traders Course”
[TC] for FREE [you know how], and put your money into your own pocket, and
not mine or somebody else’s, from somebody [me] who has a “proven & verified”
track record of making millions from trading”.
Three things need to be mentioned here; 1) trading is a “big pie” … me teaching
you doesn’t hinder my trading or prevent anybody else from making money,
2) I have nothing to gain from you being labeled a “loser”, nor do I gain anything
from you becoming a millionaire with that yacht waiting for you, and 3) when you
open an account at PRIMEXBT, though my affiliate link, and therefore get the TC
for FREE, you aren’t charged any more or any less in commissions to trade, than
if you weren’t an affiliate. You’re going to be charged “X” in commissions, no
matter what it is you trade … being an affiliate only means PRIMEXBT gives me
part of that commission in terms of a rebate, for bringing your business to them.
So, you want to be stupid? … OK, here’s how you can be stupid … Step 1) open
an account at PRIMEXBT on your own … Step 2) send me $60 in BTC to my
e-wallet … Step 3) go ahead and trade … Congrats!, you spent $60 for nothin’.
In essence, PRIMEXBT is paying for your trading education, and it costs you
nothing!
And while the TC covers 10+ world markets, right now there are only 3 that
exhibit the necessary volatility [VIX], IMHO, to trade … they are 1) DOW30, 2) crude
oil (WTI and/or Brent), and 3) Bitcoin (BTC) … and in crypto, VIX has been losing
some steam as we head into year end, and this week alone hasn’t seen many
decent trading opportunities either, so crypto as I write is getting a little “iffy” for
daily trading. That leaves crude oil & DOW30 … unfortunately, PRIMEXBT
doesn’t have a DOW30 CFD, and their SP500 CFD carries too high of bid/offer
spread + round turn commission to make it an effective proxy for the DOW30
… just way too expensive to trade IMHO.
Quite frankly, the prime reason I’m at PRIMEXBT is crude oil … I’ve said for years,
that crude oil is the very best trading market going, for any and all of the
traditional markets. And yes, outside of crypto, every dollar of hot money, under
the table money, illegally gotten money, and money formerly stuffed in
mattresses, is trading crude oil … between Brent & WTI, between 1.5 - 2.5+
million futures contracts traded per day … the problem, though, is that I don’t like
the 1.000 barrel = 1 lot size of the futures … for most, that’s too rich a contract for
the way this stuff trades.
PRIMEXBT has the very best trading conditions in the world … bar none … for
trading oil … everything you want is here … 1) very low margins, 2) lowest “net
cost to trade” an oil CFD you’ll find anywhere, 3) market open from Sunday night
to Friday afternoon, 4) account balance held in BTC, and 5) NO KYC to open an
account … “I mean seriously people, WTF do you want”!? … so, now you know
why I’m here and I call this home. And as a side note, yes I’ll be hosting a “crypto
& crude oil” PAMM at PRIMEXBT, once they get it up and running in Q1 of 2020.
For my purposes, FX CHOICE is still my favorite place to trade the DOW30 … the
PAMM / MAMM is here for a reason … usually stable spread of between 2.0 - 2.5
index points, with no commission, and there KYC is simply a government issued
ID of any kind … fund with crypto, withdraw with crypto, and nobody cares where
it came from or where it’s sent. Granted, there are houses that offer slightly
better trading conditions, but that is only offered to NON U.S. citizens or
residents, and comes with high KYC, and to make matters worse, many don’t
allow IBC’s to open accounts that are domiciled in tax havens.
Turning to today’s “Tulip Bulb 30” … trouble in Apple land … OK “soyboys”, you
know what needs to be done! … other than that, waiting on Trump’s China tariff
decision, and oh won’t that be fun … I imagine the HFT’s are armed and ready for
this clusterfark.
Well, that escalated quickly to the upside, didn’t it? … leaked sources and all
that shit … EXIT QUESTIONS: “Were the ChiComs informed before the Trump
tweet, and the WSJ leak beforehand or not? … how many SP500 futures did they
get long? … somebody ask one of “Winnie the Pooh’s” hacks about it, OK?
… and ignition & liftoff, as “tulip bulbs” go forever skyward, and hell
… “Everything Is F-ing Awesome, Baby!”, isn’t it? … ‘we’re gonna need some
more stretchers for the shorting crowd, who insists on bucking the “88/6/6”
paradigm … there’s been a few casualties”!
Welp! … now that they’ve sucked in the “buy the news Chumps”, maybe it’s time
for the “buy the rumor sell the fact” market idiom … dunno yet, but Apparatchiks
& news orgs are out-dueling themselves today peddling bullshit “fast & furious”
… if only they would simply STFU and let nature take its course … but nah, can’t
do that, cuz too much corrupted money at stake … what a “circus shitshow”
… once you come to the realization that this entire “game”, and that’s what it is,
is nothing but 1) big money getting small money to do what it wants, AND 2) fuck
the longs and then go do it twice as hard to the shorts … once you have a firm
grasp of this, trading becomes “simple” … note, I didn’t say “easy” … if you were
braindead, then yes, it would be easy as well.
Trading action today, news notwithstanding, in the “Tulip Bulb 30” very good …,
it comes with larger ranges, today’s being actually better than the idiotic NFP
Friday horseshit we put up with every first Friday of the month, and the best
since December 3, when you’ll remember the world was coming to an end
… coming in so far at approximately 370 index points, more “give & take” than
any recent day I’ve witnessed … that usually means more frequent algorithm buy
signals.
Into the Gotham P.M., and the “tulip bulbs” anxiously awaiting to see if President
Trump announces something RE China, and the bogus trade deal, after his 2:30
PM EST meeting … trust me, it’s bogus … that doesn’t mean it can’t rally stocks,
oh hell yes … or tank ‘em, oh hell yes … the HFT’s will make sure of that up and
until it no longer works … then it’s on to the next market scam. In the meantime,
get ready for the clusterfark coming after the 2:30 meeting … whoever is gonna
get squeezed, it’s gonna come up against the close, making its impact worse
… if I had to guess, I say he caves and shorts get crucified [again] … it’s the
natural way of the universe in stocks, so why not?
Oh boy, here comes “Dumbberg” with another planted headline, this time “a deal
has been reached” … “I wonder what the half life of this bullshit is, and how
quickly it gets walked back? … the most trusted source in planted headlines, you
can always count on “Dumbberg” … what utter horseshit … how many got long
at Dumbberg before you planted the story”? … asking for a friend.
Well, enough of this “China trade deal” bullshit, now that we’re deep into the
Gotham afternoon, where the only place to trade is with criminal [not my words,
the DOJ] banks now that Europe is closed … Trump can do whatever he wants,
“Dumbberg” can report whatever it wants, I’m saying adios to this horseshit cuz
I’m not willing to get jerked around in the last 60 - 90 minutes of trading.
Two algorithm buy signals today … FX CHOICE PAMM / MAMM UP A LITTLE
OVER 0.4%.
Another day another dollar … ho hum … until tomorrow mi amigos
... Onward&Upward!!
Have a great day everybody!
-vegas
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