“Did you pass or fail!?”
OK, you might fool some of the other elephants, but the herd ain’t gonna fall for
it … and in trading, we are the only fools! … fools to believe the truths of trading
come from life experience and/or education … EXIT QUESTION: “if true
knowledge makes you a “winning trader”, doesn’t that mean that knowledge can
be passed on to others, and within some period of time, the entire world are
“knowledgeable” traders and everybody is a winner”? … well, how can that be in
a “zero sum” game that has consistently shown over time that 10% make all the
money, and 90% make all the deposits to the other 10”? … I seem to have
uncovered a great paradox here, or have I”?
The amount of outright lies, half truths, and bullshit alone regards “trading” could
fill half the Pacific Ocean, but here’s the “dirty little secret” … “everything has to
happen eventually, and in that toxic soup of probability, all of your “bad habits”
and “stupid shit” might make you money … and looking at that elephant so poorly
dressed up as a tiger, you as a “oh, I so wanna believe” human fall into the trap
of assuming you’ve discovered something when you haven’t … what you’ve
actually discovered is that IVIX [intraday volatility] bailed your donkey out of
trouble and saved you, not your “trading genius”.
For over a century, it used to be common “knowledge” in trading markets, that
certain levels of volatility always had to be there … after all, markets are the
human “fear & greed” cycle at work, and that leads to volatility … then came the
“Japanification” of certain markets in the 1990’s and most didn’t notice or care
cuz it was all in Japan … then came the financial crisis of 2008, and from that we
now have central bank manipulation all over the place … “it’s quite simple really,
they got the CNTRL-P machine and we don’t! … and for years afterward, nobody,
including me, wanted to believe what our eyes were telling us as professional
traders … namely, that trading “heresy & blasphemy” was being committed by
the government … “surely this would end soon, right? … well no actually, one set
of commandments was destroyed and another written into stone”!
The only truth in trading are probability wave functions, and if you doubt me, then
get ready for account destruction … I can’t help but chuckle when I see
‘Hucksters” on the internet selling worthless crap … the common thread of course,
is that your wallet is under attack … I would simply say by comparison, that
nothing I write, publish, or offer is going to make anybody suffer financially by way
of their bank card … I’ve got proven performance AND I show you how to do
everything with NO COST TO YOU, and quite frankly tell you and everybody else to
use a demo first and see for yourself.
Fact is, the only truth in trading is that the foundations of volatility are built on
shifting sands, and that when you get right down to it, your trading model MUST
take this into account and be able to adjust to it … nothing can be assumed … and
that’s exactly the premise behind “Traders Course II” [TCII].
GBPUSD today sees one good algorithm call … TURNKEY PAMM / MAMM UP A
HAIR SHY OF 0.1%.
Really a strange day trading action wise in Cable … yes, the day’s range is good,
but the intraday trading action from the European open to the close sucked … way
too many very tiny range M1’s followed by spikes, as it seems the market isn’t yet
ready to get down to 2020 business yet … that was followed by a nice rally after
U.S. stocks opened on the NYSE, but then Cable fell out of bed again, going
“Thelma & Louise” down stair steps … so far so good with Cable at Turnkey, as
fills and execution times were acceptable … I didn’t say great, I said acceptable
… PRIMEXBT beats the shit out of them on execution time … but I can’t complain.
Turning to the Tulip Bulb 30” … well, just keep your eyes peeled on the electricity
usage of the CNTRL-P machine … it’s humming along on MAX, and remember,
“stocks must never be allowed to go lower ever again” … until they do of course
and the back end of the “88/6/6” paradigm shows up, and SHTF so badly it splatters
over everybody invested in stocks rather quickly.
Today’s “vapors” moves in stocks come courtesy of the ChiComs, who over the
Holiday cut their Reserve ratio for banks, thus injecting massive amounts of
liquidity into banks … the HFT’s see this and go nuts, and we open 200+ higher at
new recorder-er-er-er highs [until a few hours from now where its rinse & repeat]
… some days you just can’t make this shit up it’s so “effed up”, but manias, even
ones created by dumb ass FED Twits, come to an end … problem is, when the end
comes it will take no prisoners & trap pretty much all investors who have nothing
but greed in their eyes … it won’t trap us, cuz I trade it, I don’t invest in it … I
simply use the manipulators to do their dirty work for us, and make us money
… nothing more, nothing less … again today, a pathetic range for the DOW30,
although it’s early, but it shows no signs of galloping higher … maybe it does,
maybe it doesn’t, I simply wait for the corrections and buy the break … then wait
for the usual suspects to rampo stocks … I could care less if the DOW30 is at
5,000 or 50,000 or anywhere in between … it’s an ATM, nothing else.
One algorithm buy signal in the DOW30 … FX CHOICE PAMM / MAM UP 0.2%.
… until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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