2022 died calmly in its sleep at the end … 2023 looks set for some scorching
volatility in markets, particularly gold, crude oil, and “Stock Bellies” … quite
frankly I think they’re all gonna get their respective “15 minutes of fame” before
the year is out.
I had hoped to trade some “Spoos” [SP500] at Coinexx this last week, but
trading conditions were so poor & lackluster, what knowledge is there to gain
when nothing is happening? … this upcoming week should provide us with the
necessary conditions, though, and we’ll see if slippage and/or latency is an
issue with them … it sure as Hell was with Turnkey, but what wasn’t a frickin’
mess with Turnkey? … anything and everything outside of a couple of FX major
dollar pairs had “bigly & yuge” slippage & spread issues that never got solved
… gold in particular was a “hot mess” at Turnkey, and I’ve already traded gold for
the PAMM at Coinexx, and everything was acceptable … when it comes to volume
& liquidity, and the way LP’s fill orders in the DOW30, there’s no question it’s
much thinner and has a great probability of seeing you get screwed by the LP on
any order … this becomes a “bigly & yuge” issue if your volume increases … the
SP500 is much deeper in terms of both, and at least in theory volume levels
should be greatly higher before slippage is an issue … but I need to test Coinexx
to see if they are legit, cuz I’m not trusting a “Hoover Dam” thing they say … we’ll
see if fills & latency are legit this upcoming week, first by doing very small orders
… if those get screwed over, we won’t have suffered anything of importance, but
gained the knowledge that they are full of shit … if things go OK, I’ll switch my
focus from DOW30 to the “Spoos” and go from there.
I’ve seen enough over the last couple of weeks to know with 100% certainty that
the version 2 trading algorithm is an important improvement over the original,
and therefore I’ll be updating the manual here shortly … the improvements are
1) better buy/sell trade signals at LOWER VOLATILITY levels, with attendant lower
“false positives”, 2) better response recognition for liquidating positions, and
3) greater overall FLEXIBILITY for traders of all levels and time frames … the
version 2 manual will be bigger than the original, with more trading examples, and
thus will likely take a slightly longer period of time to finish and publish … but I
can assure you, the wait will be worth it! … in the meantime, between the start of
2023 and version 2 release, I’ll be trading it for the PAMM and you can see the
results … we got 3 of the most volatile markets going in gold, crude oil, and
“Stock Bellies” [whether DOW30 or SP500], so there should be plenty of
tradeable action once traders get back to their desks full time for 2023 sometime
this week or next.
If Coinexx does us right in the “Spoos”, I’ll trade it heavily … if they don’t and we
can’t trade it cuz their LP’s of choice are thieves and crooks, the DOW30 gets
shoved to the bottom of the list, and gold & crude become our primary priorities
for trades … if they do a decent job of things and we can trade the “Spoos”, both
gold & the “Spoos” are our priorities in trading and crude oil goes to the bottom
of the list … let’s see how it all plays out.
Directly below, the 20 Day Range MA’s of selected pairs.
As you can clearly see from the table, November and December saw ranges
DECREASE across the board … 2022 goes down as having one of the worst
Holiday trading periods in a very long time … still, range values for “Stock
Bellies”, crude oil, and gold are acceptable, but we need to start to see in
2023 these values pick up for MAX algorithm efficiency and profits … let’s hope
that’s what we get! … tomorrow a Holiday as well, simply cuz you can’t cheat
people out of a major Holiday if it falls on a Saturday or Sunday, so since New
Years Day is on a Sunday [today], the next day Monday is the observable Holiday
… only FX will be open, but the spreads will be nuts … back to normal on
Tuesday … onto the shortened week.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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