“Take your pick … 2 ways to do it … it’s not gonna happen by itself!”
OK, Holidays are over, 2020 is here, time to focus on making money honey!
… I’m trying to make this as easy and cost efficient as possible for you, dear
reader, but as always YOU make my job harder cuz you just sit on your ass and
do nothing … well, not ALL of you, but too “Hoover Dam” many of you that’s for
sure! … everything y’all say you want and desperately need is right in front of
you, like low hanging fruit from an apple tree, but too many of you sit there and
expect that apple to get picked when? … by itself? … can’t reach up and take it?
… right, extremely difficult [snark] … EXIT QUESTION: “assuming Trump wins
reelection, cuz his opponent will be a communist, socialist, America hating,
terrorist loving, “Libtard Loon”, who wants trading to make them “financially
well off” and throwing off huge amounts of cash for themselves and their
families, by this date come 2025”? … if you said “NO, not me”, stop right here
and go to another web page.
Not that it takes that long, but if you start with a low amount of money in your
trading account [under $5K], as I have outlined on the blog before, within 3 - 5
years your financial life can be positively changed for the better … there are 2
ways to do this.
The first is the FX CHOICE PAMM / MAM, where I trade DOW30 each day with no
overnight or weekend carryover RISK whatsoever … I won’t say ALL trading is in
the NYSE trading session, but for the most part it is … I trade the DOW30 CFD
there cuz FX CHOICE offers one of the very best trading conditions in this stock
index … unless there’s news, the “net cost to trade” is between 2.0 - 2.5 index
points, and there are NO commissions [sadly, their SP500 CFD is not very good]
… and more importantly, slippage on fills is minimal, which is more than I can
say for bucket shops that quote tight spreads that are totally phantom bullshit,
and then fill you somewhere in the next universe with a shit fill way off the
market [say hello Turnkey & Coinexx!]… KYC to open an account at Belize based
FX CHOICE is simply a government issued ID, and if you want things to run easy
& smooth, especially with deposit & withdrawal, you’ll fund with BTC … my fee
is only 17% of profits, one of the lowest, if not the lowest of any legitimate
money manager out there … while FX CHOICE has no minimums to fund, I ask
that people place a minimum of USD $200 to join, which pretty much guarantees
participation in trades at least for now, unless I’m forced to raise the minimum at
some point in the future … I started trading the PAMM / MAM on October 28, 2019
using the Scalpers Algorithm in Chapter 6 of the “Traders Course” [TC] … about
a week to 10 days ago, I incorporated additional scalping techniques from
“Traders Course II” [TCII], which is for GBPUSD, but in reality further analysis
shows can be used for any volatile market that has decent IVIX [intraday
volatility] and very low costs to trade … the performance of the
FX CHOICE PAMM / MAM since inception is directly below.
click on ANY chart or table to enlarge
The fund’s goal is to return 50%+ per year to participants, and although I think it
can do better than that, in the “88/6/6” trading paradigm U.S. stock indices are in,
historical statistical analysis shows there is a very high probability this return
can be generated … the important criteria is KNOWING THE PROPER PARADIGM
OF TRADING FOR THE MARKET YOU’RE TRADING, and many of the habits,
patterns, and trading action from my floor trading days I’ve incorporated into the
TC & TCII algorithms.
One thing I know is human nature … and I know most of you reading this don’t
pay particular emphasis on having a “million dollar trading account” … oh sure,
it would be nice, but that’s not my point … what’s most important to the vast
majority of people is the question, “how much would I have to start with to get a
6 digit dollar income from trading, and how long would it take”? … and here’s
your answer assuming slightly better returns than 50% per year … starting with
$3,000 and never adding additional amounts, about 5 years … AND just as a side
note, if the PAMM / MAM returns what I did for participants when I was on the
trading floor, and let me remind you that trading conditions today are better than
that, then $1,000 to start would be yielding a 6 digit dollar return within about
1 ½ years … not predictin’, just sayin’ … history is history and it’s all verified, so
there’s that. This is one option if you either don’t want to do it yourself, or feel
you can’t do it yourself … cost is minimal and everybody has the time.
There’s an FX CHOICE logo link in the upper right column of the blog … to join,
simply “CLICK” on the logo and follow directions … preferably fund with BTC
[Bitcoin] and make everything super easy & cheap … any questions, simply
email me.
The other option is that you do this yourself … save yourself 17%, set things up
and do it … the TC & TCII you can get FREE by opening an account at PRIMEXBT
through my affiliate link in the blog header … PRIMEXBT does not offer CFD
trading in the DOW30, and quite frankly their CFD offerings aren’t competitive
anyway cuz their commission structure is way, way too high and makes the
“net cost to trade” very expensive … but their FX [which includes gold & silver] is
the very best out there with exceptionally low bid/offer spreads, super low
margins, very low round turn commissions, minimal if any slippage off bid/offer
on market orders, and lightning execution times … all with NO KYC TO OPEN &
TRADE AN ACCOUNT, AND ACCOUNT BALANCES HELD IN BTC … what the hell
more do you want? … however, more than likely most of you don’t want to trade
the U.S. stock indices, and prefer to trade something else … fine … whatever it is,
make sure it is volatile enough to make it worth your while, AND the cost to trade
it is AT OR CLOSE TO the very lowest it can possibly be.
Or, send me $60 in BTC and trade wherever you want and pay higher fees … if
you like driving down the highway and throwing $20 bills out the window, then
choose this option, cuz if you’re trading anything inside crypto OR FX, if you’re
not trading at PRIMEXBT you’re giving money away for nothing … it could be
from slippage on shit fills from phantom bid/offer quotes, it could be high
bid/offer spreads, or it could be from high round turn commission costs … what’s
the difference, it’s costing you money? … and what amazes me to this day, is that
there are people who will agonize for weeks over a dishwasher they need to buy
for the kitchen cuz the old one died, who will drive 200 miles to save $10, and
spend 200 hours on the internet trying to find the “best deal”, and yet at the same
time give away to scumbag LP banks & brokerage houses THOUSANDS OF
DOLLARS A YEAR FOR NOTHING on their small trading account, and don’t think
anything of it … time to wake up and smell the coffee!
Trading costs MATTER! … and to that end, directly below this week’s “VIX
MATRIX TABLE” …, if you haven’t done so already, spend some time looking at
the table and ask yourself why you’re not trading the markets in “green”?
Directly below, this week’s 20 Day Range MA’s for selected volatile markets by
group, with some comments.
FX CABLE & CROSSES
IVIX picking up in Cable, and hopefully this trend continues … the crosses not
seeing that dramatic a pickup simply cuz this last week was a “risk on / risk off”
trade and the FX group went up/down versus the dollar, thus making the crosses
not quite as volatile as dollar pairs.
STOCK INDICES
Even with the large daily range increases seen Friday cuz of Iran troubles, IVIX
continues to show lower data overall … major U.S. indices scraping the bottom
of the barrel from the last couple of years when it comes to their 20 Day Range
MA’s … of course, the catalyst for this drop in IVIX is the FED, who are hellbent
on killing stock volatility.
PRECIOUS METALS
Even with increased geopolitical tensions last week, and therefore a larger daily
range in gold, it’s not enough to halt the downward fall, especially in the New
York session … and silver didn’t really do anything special at all … looking at its
daily ranges last week, you wouldn’t think anything at all happened in the world.
What especially intrigues me right now is silver … yes, it’s a heavily sell side
manipulated market by the likes of the “CRIMINAL” JPM & crew, but at
PRIMEXBT you have 1) a very low bid/offer spread, 2) almost meaningless round
turn commissions, 3) lightning execution times on orders, and 4) at present about
a 25 cent range every day … add it all up and it’s the cheapest to trade of ANY
MARKET ON THE BOARD, while maintaining high IVIX … I have to do more work
on silver to see if it’s a viable trading candidate, but what I also like from
PRIMEXBT is that you can trade silver in 100 OZ. increments, thus tailoring it to
almost anybody’s risk tolerance and making each penny move scalable to $1 per
penny move … more on this in the days & weeks ahead … just another reason to
be at PRIMEXBT IMHO.
Over in “Download Links”, I’ve added historical 2018 20 day range MA’s in SP500,
DAX30, Gold [XAUUSD], & WTI Crude Oil … I’ve also added 2019 data for all of
our markets … view them at your leisure for perspective, or download them if you
wish.
First full week of 2020 and markets are roiling cuz of Iran … outside of causing
headaches for the world, and reminding everyone what appeasement leads to,
instead of meeting the threat head on, this is what we get to deal with thanks to
former feckless dipshits in power who kicked the can down the road to the
present … should be interesting … until tomorrow mi amigos
… Onward & Upward!!
Have a great rest of your weekend everybody!
-vegas
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