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Sunday, November 15, 2020

SUNDAY UPDATE: I’M ALL IN!

 

“If you’re “trading” anything else besides crypto, you’re a dope!”

Yup, it’s true … if you’re “trading” anything else besides BTCUSD, and maybe

you can make the case for ETHUSD [Ethereum] and/or LINKUSD [ChainLink],

you’re a first class “trading dope” … and before everybody runs off with their

“big girl panties” all bunched up, you need to sit up & pay attention if you’re

serious about making money going forward in today’s trading environment

… traditional markets are so manipulated by central banks and their BFF

scumbag bank LP’s, it defies the imagination … hell, they don’t even try to hide

it anymore … they kill traditional markets through volatility suppression,

followed by volatility explosions … below, the traditional bell curve … instead of

spending market time “inside” the - 3 𝝈 (sigma)[low ranges and terrible market

trading action] to + 3 𝛔 [high range and good trading action] underneath the

curve, where 99.7% of market action “should reside”, traditional markets now

face life “outside” the ± 3 sigma zone, and the trade is either “dead in the water”

OR “bat shit crazy”, neither of which is good for traders.



And you sit, and sit, and sit some more, waiting for any of this shit to move

… and when it doesn’t you can’t get out of the spread or make commissions on

the stupid trade … and when it blows up through one of their multitude of SCAM

“news events”, planted by the usual scumbag financial MSM, they run your stop

with a viciousness that SURPASSES criminal … only to be followed by more rinse

& repeat … you lose, they win, isn’t that the way it’s supposed to be? … you can’t

find a more perfect example than what happened recently in gold, when the

bullshit Pfizer vaccine hoax / hype hit the tape … “wanna see the

“Loser Formation” up close & personal … no better pic than the HR1 directly

below.


click on chart to enlarge

And it’s not just gold either … take your pick of any market … Cable with their

usual assortment of bullshit BREXIT rumors, where the POLS & Apparatchiks just

can’t seem to wean themselves off the “rumor tit” for feeding their various

mistress funds … I mean, after all, it’s so easy … if you need any further proof of

corrupt POLS & Apparatchiks at work after looking at BREXIT for over 4+ years,

you’re either insane or don’t want to see … and “Stock Bellies”? … what a

corrupt joke that is … high spreads and slippage from hell is what you get

… crude oil? … after the shit that was pulled by the usual assortment of Wall

Street virus scum last April, when the May contract went off the futures board at

-$40, nobody trades oil anymore … volumes & open interest have literally

collapsed in this contract as the spec public has fled in droves … and who can

blame them? … who wants to get manipulated by either Vlad or some dictator

thug ruling over a pile of sand?


THERE SIMPLY IS NO BETTER MARKET TO “TRADE” THAN BITCOIN

[BTCUSD] … click on my affiliate link [PHEMEX] in the upper right hand

column and sign up for live / demo [testnet] account … and when you’re ready

to trade live, ENJOY AN EXTRA 10% DISCOUNT ON “TAKER” FEES … or don’t

use my link and pay more if you like throwing money away.


For the week, “The Syndicate” started our first week with a

NAV [Net Asset Value] = $100 … since BTCUSD trades 24/7/365 and never

closes, Sunday is the first day of the official week and Saturday the last day

of the week … Saturday’s END OF WEEK NAV = $100.52, or UP 0.52% FOR THE

WEEK … didn’t really start trading it until Wednesday, so looking for better

results this week … once we get some weeks worth of performance, I’ll be

posting a chart of the NAV progress. 


Remember, this type of “liquidity provider” [LP] trading is entirely different from

what all of you think of as “short term trading” … entirely different, with a

distinct & separate set of dynamics for profit than what you’re used to … BUT

… highly profitable inside a FREE MARKET THAT DOESN’T HAVE ANY

GOVERNMENT MANIPULATION WHATSOEVER! … the CNTRL-P machine

throwing money at the scumbag LP banks to manipulate doesn’t apply or work

here … sure, there are “whales” that love to throw their weight around, just like

they’ve done for centuries in other markets from corn & cotton to wheat … so

what? … do they have unlimited money? … [umm, NO] … can they print money

to manipulate wheat or anything else? … [umm, NO] … how can you manipulate

and/or exert control over a market you have no influence in?


And need I remind you, all of your trading in BTCUSD is done via an offshore

brokerage house that has NO KYC, which means it’s none of governments

beeswax what you’re doing … all on an “open order book” platform which has

100% transparency, meaning your limit orders can’t get “stuffed” by mystery

ticks that the scumbag LP banks love to shove down trader throats by then

filling your limit order as a “Market If Touched” [MIT], and then filling it off the

market and keeping the difference … “you like “scumbaggery”? … well, here

it is!”


You can trade any size you want, and any trader can start with much less than

$50 … “quite frankly, you don’t have any excuses that hold water … if your goal

is “to make money”, then you’re either a “trading dope”, meaning you trade for

other reasons which nobody wants to dive into, or you trade crypto … and by

far the best pair right now is BTCUSD … I can drag donkeys to water, but I can’t

make them drink”!


Then there’s the PAMM / MAM at Turnkey … well, I can’t make them list crypto

… I’ve had discussions with them about it, and let’s just say it’s not on the

drawing board … sure, they’re dumb asses, but even if they had crypto, would

it be worth trading? … probably not, as there’s no way you’re gonna see an

“open order book” platform out of Turnkey … more likely is something like

COINEXX has, on the MT5 with traditional thieves making a joke of a market

via bid/offer spreads that are a joke 99% of the time … throw in slippage from

the “duh, market conditions, duh!” line of bullshit, along with ridiculously low

leverage available, and it’s not a market you’d trade.


As I said on Friday, I’m moving trading of the PAMM / MAM over to silver

[XAGUSD] … better bid/offer spread, better ranges, & overall better trading

conditions than gold … and quite frankly, gold is fast becoming a parody of

itself … given the extremely high spread every frickin’ day, the criminal

mystery ticks & spikes from hell that go nowhere, but do trip off buy/sell stops

[an amazing coincidence, I’m sure], and its COMPLETE TRADING ACTION

more or less OUTSIDE THE ± 3 𝛔 ZONE, I see nothing but disaster for anybody

attempting to make heads or tails of gold in the manipulation environment of

the “Rally Protection Team” [RPT] … and that’s not even considering slippage

on fills, which from where I’m sittin’ is purely criminal almost all of the time

… so, we’ll see how silver treats us.


Onto the week … Onward & Upward!!


-vegas







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