As we move towards launch date with the algorithm, it’s critically important you
understand which paradigm the algo returns fantastic results, and under what
circumstances it won’t do very well and you’ll be disappointed … VOLATILITY
[VIX] is the name of the game! … under normal circumstances, the greater the VIX
in a market, the greater the probability the algorithm will perform exceptionally
well … the algo has been designed for “normal” to “above normal” historical
volatility, so we don’t need “bat shit crazy” [BSC] to succeed … in fact, what
history tells us about markets, is when conditions do go BSC, bid/offer spreads
blow out AND slippage becomes a real problem when dealing with Liquidity
Providers [LP’s], so completely BSC markets won’t be doing us any favors either.
On the flip side, LOW VIX in any market will lead to higher probabilities of “false
positives” in trades, with a greater probability of loss … in other words, the
dreaded “chop” shows up … as I’ve said before, no market is immune from VIX
changes over time, and the cycles of high VIX to low VIX, and back again, can be
a lot longer than people think [years / decades] … there are other factors as well,
like overt government manipulation, that started in earnest after the ‘08 financial
crisis and has ramped up HIGHER every year since … we see this in “Stock
Bellies” [the “88/6/6” paradigm, and price is manipulated higher], AND FX &
gold / silver, where FX pairs by each respective central bank to keep their
currency from appreciating against the dollar or major trading partner [a/k/a “race
to the bottom”], and with gold / silver the FED via the “Rally Protection Team”
[RPT], with the help of the BIS [Bank of International Settlements] … these
manipulative operations are all geared towards DECREASING VIX … and when
VIX gets crushed, so do traders, cuz markets ain’t moving … this is “THE”
modern day manipulation M.O. of central banks worldwide and their BFF, the
scumbag bank LP’s.
As I sit here today, if you plan on using the algorithm to trade ANY FX PAIR,
you’re gonna be disappointed … of the major FX pairs with “total cost to trade”
under 1 PIP at TURNKEY, ONLY GBPUSD & GBPJPY come close to the lower
boundary of acceptability in terms of 20 Day Range MA’s, where the cutoff point
is 90 PIPS … anything BELOW THAT AND YOU’RE COURTING TROUBLE!
… currently, GBPJPY is at 89.3, and GBPUSD is at 92.0 … note, with Cable, there
are 2 large range days in the last 20 that skew the average … without those 2, the
20 Day Range MA would be easily below 90 … and just for comparison’s sake,
USDJPY = 60.8, EURUSD = 64.8, USDCAD = 82.0, & AUDUSD = 68.5 … and over
the approximate 50 YEARS of FX trading, VIX is scraping the LOWS of historical
norms … so, what does this tell us, IF WE’RE IN THE MOOD TO “LISTEN”?
… “it’s screaming, go find other markets”!
Then there’s gold … it’s current 20 Day Range MA = $20.79, sitting right on top of
the lower boundary of trading acceptability … and like Cable, there are 2 days of
the last 20 that skew the average … without those 2 days, Gold’s 20 Day Range
MA would be around $18 … here though, we have the added 2 dimensions of
1) the “Chuckleheads” in the Asian session led by Mrs. Watanabe & Gal Pals,
and 2) New York almost always [about 95% of the time] FADES whatever Asia
does … and lately, New York trading has been nothing short of a “Meat Grinder”,
with no discernible trend to be found EXCEPT SELLING by the usual suspects.
“Stock Bellies” at Turnkey have only one market that CONSISTENTLY has
trading conditions favorable to specs, and that’s the DOW30 [a/k/a “The Tulip
Bulb 30”] … other indices are not nearly as favorable either cuz of high spread,
or horrible slippage, OR BOTH … given the paradigm currently in affect, which is
the “88/6/6” [88% of the time price goes UP, 6% of the time price goes SIDEWAYS,
and 6% of the time price goes DOWN], trading the DOW30 from the LONG side
ONLY makes perfect logical sense.
Then there’s crypto, and until very recently, I’d written off Turnkey for trading any
of their crypto pairs cuz they were NOT competitive with “open order book”
platforms … since Ripple has been delisted, there are only 4 crypto pairs to
choose from at Turnkey … BTCUSD [Bitcoin], ETHUSD [Ethereum], LTCUSD
[LiteCoin], & BCC [Bitcoin Cash] … BCC is not competitively priced … ETH,
so far, is GROSSLY OVERPRICED IN TERMS OF COMPETITIVENESS with “open
order book” platforms … LTC offers about the same costs as “open order book”
platforms, but LTC doesn’t move like the others and is somewhat of a laggard
… TURNKEY has “turned the corner” with BTC, and now has the VERY BEST
PRICING FOR TRADING BITCOIN ANYWHERE YOU LOOK! … all that matters is
“total cost to trade”, and for BTC at Turnkey under “normal” conditions, you
can expect to pay a total cost per round turn trade of $7 - $25 … that’s well below
50%+ what “gas fees” [commissions] are on ANY “open order book” platform
… the downsides to Turnkey’s BTCUSD? … 1) not open on weekends, and
2) MAX leverage of 10X … IMHO, not that big of a deal, but to some “shooters”
out there it might be.
Then there are the crypto alt-coins … best places to trade these, IMHO, are
PHEMEX & BINANCE … the alt-coins are even MORE VOLATILE THAN BTC!
From my perspective of support for traders via the trading algorithm, anything
listed for trading at either TURNKEY, BINANCE, OR PHEMEX, I can help your
trading … anything not listed on these brokerage houses, and you’re on your
own.
Quite frankly, I don’t care where anybody trades … as long as you’re happy, I’m
happy, but I’m only happy when I can get everything I want in terms of LOWEST
COSTS … if you don’t want to use the MT4 or MT5 platform to trade, but instead
use proprietary platforms [e.g., PRIMEXBT], the trading algorithm should be fully
functional ON ALL PLATFORMS … when you combine the 4 markets I listed at
Turnkey, nobody has LOWER COSTS TO TRADE … nobody … somebody might
have a slightly lower cost on one of the markets, BUT NOT AS A GROUP … and
this group gives us the best selection of potential volatile markets going forward,
than any other list of markets you can name, at any other group of offshore
brokerage houses that are NO KYC.
As for the alt-coins, some people like ‘em and some hate ‘em, and with BTC around
and offering plenty of “thrills per second”, why should I even care about alt-coins?
… and I get that … it’s called “personal choice” … I know people who have
accounts at many different brokerage houses, cuz they like one particular market
at each one that serves their needs … I also know plenty of people who hate this
idea … “give me a place I can go to get the best all around conditions of markets
I may trade, at the LOWEST COST, cuz that puts money into my pocket”! … well,
under that scenario, even with all of their brokerage house warts, that makes
Turnkey the BEST CHOICE … remember, no house is perfect … NONE!
Given all that I’ve said so far, you still have to know the specific paradigm YOUR
TRADING MARKETS OPERATE UNDER in order to succeed … yes, they ALL
share many attributes, but there are specific items to each that the others don’t
have, and you have to know them … no sweat, the algorithm manual has you
covered, and the PATREON group [$5 per month AND financing available 😂😂]
with support via email & live chat has a definite edge on the “grey areas” I’m
familiar with … “yes, I know, 16 cents a day is “a lot” … I talked with the dog
about it, and he says that’s 1 ½ slices of deli honey ham he’s giving up per day
… but he’s on a diet so he doesn’t mind … besides, he says he knows where
I live”.
Of all of the markets I follow, the one that needs & demands special attention is
Bitcoin [BTCUSD] … so much so, that the algorithm manual devotes an entire
section specifically to BTC … as the only financial asset that has a very high
asset value versus other markets, there are characteristics of BTC you won’t find
in other markets.
One last thing I’ll bring up about the trading algorithm before I call it a day … and
that is this … “don’t underestimate its POWER to make you money simply cuz of
its SIMPLICITY & EASE OF USE”! … every single scrap of the algorithm has many
tons of behind the scenes high level math, as well as “logic functions” most are
totally unfamiliar with … if I wanted, I could have made the manual 500+ pages
and gone over in excruciating detail the math … quite frankly, just like your
smartphone, you don’t really care about the quantum physics, Boolean algebra,
network & information theory behind it, just show me how to effectively use it!
… outta here and onto the week! … “the future’s so bright I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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