In the movie Interstellar, one of my favorite films, there is a powerful scene on Miller’s planet where every hour spent there equals seven years on Earth due to time dilation.
It reminds me of our current rapid 🛢️drawdown of inventories and the Strategic Petroleum Reserves (SPRs)…we are draining these critical stocks at an unprecedented rate, yet because the depletion isn’t immediately visible in our daily lives, it’s easy to ignore the future implications.
One day we’ll “return to Earth” and see just how empty things have become, and how difficult and time consuming it will be to refill them,or what the “day after” will look like….but the consequences will be very real...with prices in this range likely higher for longer…or maybe we will live in an entirely new world. 🫡🪒
In 2021 millions of people were uncontrollably euphoric shaking and dribbling at $60,000 Bitcoin.
In 2026 it’s been declared dead at the same price.
Interesting behaviour.
The Supreme Court of Canada has upheld a ruling that Aboriginal title cannot be declared over private land, in a decision the federal government says will have an impact on the Cowichan case in BC.
Important ruling for homeowners and the future of this country. https://t.co/YY5I7WtTpj
It will likely take 10 or 20 years for Canada to recover economically from the breathtaking stupidity of Guilbeault & Trudeau
Let's hope we never forget or forgive their betrayal of their Country on the alter of Climate Insanity
I have "traded" for several years, tried many things. I have sold too early, sold too late. I've been way up, I've been way way down. I've mocked people who trade, I've mocked people who only bought bitcoin:native. I've been really happy, stressed, euphoric, depressed. I have listened to and been influenced by frauds.
I have tried (and failed) many different styles, session opens, moving averages, order blocks, SFPs, inefficiencies, just lines on the chart, diagonals, horizontals, volume. I've been shaken out of positions that were good, I've entered trades too late. I've struggled to size down to control my emotions.
I had true wisdom shared with me, I was told what not to do, I did it anyway. You either think you're special because you're on a hot streak, or you tell yourself you'll apply the right rules on the next trade because you have a good feeling about this one. I've gambled.
In hindsight I think the good traders generally seem to be the ones who go through the rollercoaster - like I have, but they keep going. Eventually they realise they adhere to the rules of the tape. I'm not an excellent trader, I'm an OK trader trying to be an excellent one.
After you've been beaten up you'll have a choice, take it seriously, journal, be systematic, clinical, patient. Build a process... or walk away. It's OK to walk away, there are lots of ways to earn a living.
If you stick with it, find your system, find your style, reduce your watchlist, manage your risk, reduce the voices you listen to you will stand a good chance at being successful.
Thanks to @Trader_XO, who came along at the right time to sharpen my edge. I had all the pieces, I just couldn't quite put the puzzle together. He may never read this, but it has changed my life.
#orderflow #trading #btc
Life’s just much more fun being free spirited trading without talking trading setups on the timeline
Besides one of the best comments I read today was:
‘the only validation you need about any concept u practice, is really grinding performance over a big sample size of data trades and make money out of it for yourself’
🧿The Hormuz Crisis is not an oil crisis. It cannot be compared to past oil shocks.
🧿It is not an energy crisis. It cannot be compared to what the US experienced in 1972-1973 or any other in Europe.
🧿It is not a lockdown crisis. It cannot be compared to COVID-19.
🧿The Hormuz Crisis is a manufactured global crisis — the largest since World War II, intended to change the global economic and financial system and trade patterns. Its ramifications across every sector, every industry, and every field are beyond our current comprehension. We will learn as we go.
🧿The innocence is gone forever.
Iain proposes Oil for Food:
Canada produces oil at full capacity, earns the revenue, and uses that prosperity to eliminate hunger, fund healthcare, and build infrastructure.
Instead, Mark Carney is floating the idea of selling Canadian airports and ports to foreign sovereign wealth funds to raise capital.
So we’re going to let other nations spend their oil revenue buying up our profit-generating infrastructure.
Make it make sense.
Canada has record food bank usage.
Record household debt.
Over half of Canadians are unable to meet monthly financial obligations.
And sitting underneath Alberta is one of the largest oil deposits on the planet.
Which we refuse to capitalize on.
Imagine what 9 million barrels a day could do for this country.
The UAE is building a ~1.4MM Bbl/d, 370km pipeline costing ~$4BN USD, started in 2025 and onstream in 2027. Canada aims to potentially build a 1MM Bbl/d pipeline, to cost ~$40BN, take 8+years, and is tying it to an obsolete/costly $30BN Pathways project. See the difference???