Baron's Crypto Trading Journal

Discussion in 'Journals' started by Baron, Oct 5, 2021.

  1. themickey

    themickey

    Nobody knows if or when something will rally, nobody has predictave abilities.
    Traders yap on day and night 365 days a year about gold, but it's nothing to crow about.
    Besides that; CAN YOU TRADE IT?
    It's all good and well in hindsight, shoulda, woulda coulda, but maybe you shoulda got out of bitcoin ages ago.
    Oooohhhh yes, crypyo is going to rally to the moon, if you guys are so clever, how come a bagholder atm? :)

    Bottom line get the cultism thinking out your heads, crypto will do what it will do, looking at past recent price action, the moves will be tricky to trade with lots of fake signals.

    The future moves on crypto could be shitty moves, jerking up and down, is that the best bang for your bucks?
     
    Last edited: Nov 9, 2022
    #591     Nov 9, 2022
  2. Overnight

    Overnight

    Bollocks. I have been trading through Nor'Easters uphill in the snow both ways. So long as we had power I got 'er done. Nor'Easters are basically tropical storms or Cat 1 hurricanes with snow. I even have a video of one I filmed from my window showing the horizontal snow, which I would be able to host here, if you had your upgrade in place! Slacker!
     
    #592     Nov 9, 2022
  3. Darc

    Darc

    Why are you so keen on an upgrade? Upgrades are usually a pain in the ass in that you have to get used to the new functionality, appearance etc. If it ain't broke why fix it? What more do you want?
     
    #593     Nov 9, 2022
    Ayn Rand likes this.
  4. johnarb

    johnarb

    f
    I'm holding btc and other crypto assets in local wallets and a few btc's on exchanges that have not been sold nor planning to sell

    I shorted FTT via perpetual futures and closed them as of last night. I shorted FTT perp futures again this morning and have not covered

    I'm not hedged or net short at all, I'm long btc and other crypto assets
     
    #594     Nov 9, 2022
  5. Overnight

    Overnight

    Oh, stout yeoman, ye do not understand the pain we users of this site have been through with the fleshing out of the features wanted and rejected, digested and digressed upon. Woe it be, and dare I say to thee, ye do not understand the pestilence of saying NEE to old ladies.

     
    #595     Nov 9, 2022
    Darc likes this.
  6. virtusa

    virtusa

    Many trolls on ET did a lot of name calling about me. So all I can say is that I posted twice in this thread and twice I was right. It was BEFORE the real drop happened, so it was no hindsight.

    I manage to see before we reach each turning point that it will happen. So I know already with high probability that the turn will come very soon. And if the last confirmation is not fulfilled I stay out and wait for a next signal. I don't aim at the top (quote), I aim at the perfect signal in my system, no matter where the top is. When I speak about the top it is not the price where we are, but the perfect signal in my system.
    Last Sunday I posted during the day, and at the close of Sunday I got the signal that we would go down. Just check what I exactly wrote in the two posts.
    So all these so called "hindsight" signals according to trolls are no hindsight at all. I trade based on "behavioral finance", so I try to "measure" what the market (so the people) will do. Behavior is predictable with high probability.

    I always miss the extreme price, confirmation always comes after each top or bottom. So from that point of view you could call it hindsight. But without these extreme prices there would be no top or bottom.

    These trolls on ET are the reason why I stopped posting. From one side I am happy they did, because otherwise I might have given away too much. So for that I am thankfull that they have a very negative impact on the quality of information on ET.

    Everybody is limited by his own knowledge. So the fact that you don't know anybody who can recognize a top at the time, is based on your own knowledge. Each person has this problem, so me too. When I started to trade decades ago, I would have signed for 2 points ES a day. With the knowledge that I had at that time 2 points was unreachable. Now my knowledge changed profoundly and 2 points is not magical or unreachable anymore.
    If somebody would have told me 20 years ago that I would reach the level I that reach now, I would never have believed him.
     
    #596     Nov 10, 2022
    themickey and lucysparabola like this.
  7. Pekelo

    Pekelo

    #597     Nov 10, 2022
  8. ElCubano

    ElCubano

    lol
     
    #598     Nov 10, 2022
  9. themickey

    themickey

    Well I have respect for you and I have respect for all ET'ers who are coders, imo, coding skills unlock a lot of mystery doors to how markets operate.
    But my question to you was not a put down or criticism, I was genuinely perplexed how anyone can call tops, hence why I mentioned hindsight.
    I went looking through your past posts to see if I could find examples of you posting charts, alas could find nothing. :(
    :)
     
    #599     Nov 10, 2022
  10. vanzandt

    vanzandt

    That's pretty well put.
    I never thought about it like that but you are 100% right.
     
    #600     Nov 10, 2022