First week trading the DAX - paper only - so a big caveat there.
Some trades were.. "why not? Sort of trades". I was trading the wrong chart half the time. I think I also got lucky. Not real money and all...
But the results were.. interesting.
TY to @Albert_618
@IamZeroIka Just an observation highlighted by Barncore...
In your post you listed trades you made from 2019, which included a LTC trade.
Yet LTC perps was not available on Binance until 2020.
@barnc0re That's a fantastic trick. I think I will have to borrow that one from you. Get so sick of Ai being confidently wrong, or picking a side then running with it.
That US govt shutdown of Fable 5 is an eye opener too π
@barnc0re Wow.
A very interesting approach using ai to examine the available facts in an unbiased way.
And the results are nuanced too.
Paints one hell of a picture. Would be funny if he follows AI's advice to patch this up exactly as it suggests.
@Albert_618 I can't get over how bad those comments are about photoshopping those images for tax authorities.
It's bloody stupid to do so and then tell people about it.
Or.. the tax thing is made up. A red herring. Just to cover up fake trades from an exchange that didnt exist. Real smart.
@Moneytaur_ Saw the highlights for Spain Vs Cabo Verde and saw the odds for them to win was something like 87%.
Your comments were immediately crossing my mind. But you can't tell anyone because they all think you're crazy!
@hispanicnomad I mean yeah, but they do or will offer a free online version, so you are not forced into paying if you don't want to.
It's ironic as they do this to prevent money in black. Yet it'll probably make it worse! They make it more unattractive by the day.. it's crazy.
@Albert_618 Literally watched your vid. Tried to mimic your way of thinking on the DAX today.. put in two paper trades, just placed them at let them play out.. and they both ended up over 5RR!
I have no before pics, so this is a "trust me bro" situation.. & probably I just got lucky. Crazy
Every important turn in a market is a transfer of ownership between two kinds of money that behave nothing alike.
On one side sits patient capital, the pension funds, insurers, and large managers who answer to time horizons measured in years and who get paid for buying assets below what they are worth and waiting.
On the other side sits reactive capital, the retail crowd that buys what feels safe and sells what feels scary, that reads the headline and acts on the feeling the headline produces.
Every buy or sell is a game between players with different patience, different information, and opposite incentives.
Patient capital accumulates at the bottom, buying the shares that have frightened retail,
and it sells at the top, to those confident retail crowd that are buying drunk on greed.
And it makes sense. Institutions love moving under the radar. A large buyer physically cannot build a position of size in a quiet, rising market, because their own buying would push the price up against them and they would pay more with every share they took.
They need a crowd of sellers large enough to hide inside, and the only time that crowd appears is panic.
So the deepest fear in the market is the precise condition the patient buyer has been waiting for, and the euphoria at the top is the exit they need to unload into.
That's how institutions play.
Opposite to retail.