Rule #1 … understand what it is you’re doing with regard to trading philosophy
… the theoretical concept is “buy at 1, sell at 2” all day long … we aren’t “gurus”,
we’re traders, so don’t fall into the trap of thinking any of these alt-coins gotta
go somewhere or do what you want … they don’t … “Whales” run the show and
don’t forget it! … Rule #2 … pick any of the coins at IQCENT, and spend the
needed time to understand the coins trading action, as well as the “discounts”
to spot from a place like Phemex … start with very small trading volumes until
you a got feel for your coin … just cuz I trade MATICUSDT, doesn’t mean you have
to … IMHO, both BTCUSDT & ETHUSDT are tough trades for 2 reasons … 1) too
big a price, and the LP at IQCENT doesn’t make a good enough of a market for
my liking … but that’s just me, maybe you think differently … Rule #3 … we buy
discounts to spot, then we sell rallies, we don’t buy rallies! … and when the bid
spikes in 5 seconds from when you bought it, give it back to ‘em! … thanks,
come again! … in other words, DON’T GET GREEDY WITH SCALPS! … Rule #4)
… think like a “Whale”, not like a spec Chump … Rule #5 … pay close attention
to the 9 period SMMA and its SLOPE … positive slope means there won’t be as
big a discount, and in MATICUSDT for example, that usually means discounts of
about 10 ticks MAX … negative slopes means BE FUCKING CAREFUL!
… looking for discounts 20+ ticks, and remember that specs puke at IQCENT at
bottoms, and the market can go down while the discount remains below 20 ticks
… that’s to be expected as longs refuse to puke … then at the bottom the
discount blows up, and after the “Whales” have cleaned out sell stops and start
taking it higher, there’s that “fat” discount sitting there for a few seconds
… Bingo!, Bango!, Boom!
Ho hum, just another 900+ tick range today in MATICUSDT, complete with
multiple sell stop hunts, and a couple of buy stop hunts thrown in for good
measure, as the “Whales” don’t want company on the trip lower … meanwhile,
over on the MT4, can anything actually “trade”? … Nope, just another pathetic
excuse for what the MSM financial propagandists will tell you is “trading”
… bullshit! … nothing trades anymore, it just moves, then stops and fucking
dies … there ain’t no UP/DOWN, there’s the train going one way and then it stops,
have a nice day! … the last time any of these traditional markets actually saw
consistent “trading”, it was before the 2008 financial crisis … since then, it’s
only gotten progressively worse with each passing year … and gold? … $30
range today, pretty good no? … well no actually … it had a 2 hour straight up
move around the criminal NYSE money laundering open … then what?
… where’s the trading? … anything up/down more than a couple of bucks while
the scumbag bullion banks “chop & slippage” you to death? … can’t have
trading, somebody might actually make money! … and so it goes … either the
FED has its boot on the throat of gold and is pushing it down via the “Rally
Protection Team” [RPT], or they stand in the way each buck when it rallies
… there is no trading, only one-way movement, just like everything else that’s
manipulated by government and/or their central bank Apparatchiks.
Again today, textbook crypto action in MATICUSDT … just like yesterday, it’s like
I wrote the fucking script! … but it ain’t me, it’s simply the way collective specs
[in the millions] behave in a free market … no trades in gold for the PAMM
… when it “trades” I’ll be there, but I refuse to get caught in bullshit bullion dealer
chop & slippage if it won’t trade after ANY RUN HIGHER OR LOWER! … fucking
trade will yea?! … meanwhile over at IQCENT, BEST TRADING DAY EVER FOR
“THE SYNDICATE” … I had 7 trades over 50+ PIPS!, and that doesn’t even count
everything else … for a “scalper” this is unheard of, but for an “arb scalper” in a
free market environment like crypto, BRING IT ON! … on a fleet of ships loaded
to the water line with trades in MATICUSDT, “The Syndicate” UP
APPROXIMATELY 4.1% … onto tomorrow!
… 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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