What's up guys, YoungShkreli in the building
I'm really happy for all of those I was able to help on this short position. I have an announcement: we are now in a riskless trade! We are going to lower our stop-loss to: $8050 and guarantee a profit of about 2% in dollars and about a 4% profit in bitcoin.
The reason I started writing these posts about 2 days ago was that I felt that no one was really doing a good job, so I decided that since I can - I should. Most posts here make one fatal presupposition: that their opinion matters. Let me get this straight: MY OPINION DOES NOT MATTER... however, my STRATEGY is far superior to most and very much does matter because it's made me money and I know it can make others money. Market's don't care about your opinion, so don't walk around thinking you know what's going to happen (keep in mind I timed it to the day and I'm never going to tell you I know).
My strategies have made me a lot of money in the past year and one day it will make others as much or more. The reason I am doing this is because one day, I'm not going to just throw out free content. I will likely make a website, a YouTube channel, and sell documents more specifically about strategy (you guys didn't think I'd share everything for free did you? :) ) That said, I am not doing this for the money, I am doing this for the success. Money means nothing to me, I live FAR below my means and always will, I just crave success and I wish to help those who believe in me. Remember this about money: money is not important because of what it can do for you... it's important for what it can do for others. Life is about being good and leaving the world better than you entered it.
Personal comments aside, as I mentioned in my first bitcoin post, the average length of a move from a flipped candle is four days. So, at the very least, I am expecting today to close red. I doubt that our stop-loss will be hit, but even if it is, we made a tidy profit.
I want to make note of one thing about selling moves: the first day is almost never the day with the most volume on a big move down. This is a big part of why my strategy works very well; even if it doesn't look like you are right because the volume is low on the first day, it can change under your nose.
I am very confident that this move will take us to $5,000 and so everyone who reads this needs to be prepared for that. If you are long, I hope I am wrong about this, but I don't think I will be. The charts and previous patterns are telling me that we are going lower.
The last thing I want to mention, and this is premature, but $5,000 might not be our low for the year... we could go lower... but I'll save that for the next post, so stay updated.
Congratulations again to everyone who went short with me, remember to stay humble and buy your bull friends a drink.
Take it easy everyone, you can afford to now!
-YoungShkreli
I'm really happy for all of those I was able to help on this short position. I have an announcement: we are now in a riskless trade! We are going to lower our stop-loss to: $8050 and guarantee a profit of about 2% in dollars and about a 4% profit in bitcoin.
The reason I started writing these posts about 2 days ago was that I felt that no one was really doing a good job, so I decided that since I can - I should. Most posts here make one fatal presupposition: that their opinion matters. Let me get this straight: MY OPINION DOES NOT MATTER... however, my STRATEGY is far superior to most and very much does matter because it's made me money and I know it can make others money. Market's don't care about your opinion, so don't walk around thinking you know what's going to happen (keep in mind I timed it to the day and I'm never going to tell you I know).
My strategies have made me a lot of money in the past year and one day it will make others as much or more. The reason I am doing this is because one day, I'm not going to just throw out free content. I will likely make a website, a YouTube channel, and sell documents more specifically about strategy (you guys didn't think I'd share everything for free did you? :) ) That said, I am not doing this for the money, I am doing this for the success. Money means nothing to me, I live FAR below my means and always will, I just crave success and I wish to help those who believe in me. Remember this about money: money is not important because of what it can do for you... it's important for what it can do for others. Life is about being good and leaving the world better than you entered it.
Personal comments aside, as I mentioned in my first bitcoin post, the average length of a move from a flipped candle is four days. So, at the very least, I am expecting today to close red. I doubt that our stop-loss will be hit, but even if it is, we made a tidy profit.
I want to make note of one thing about selling moves: the first day is almost never the day with the most volume on a big move down. This is a big part of why my strategy works very well; even if it doesn't look like you are right because the volume is low on the first day, it can change under your nose.
I am very confident that this move will take us to $5,000 and so everyone who reads this needs to be prepared for that. If you are long, I hope I am wrong about this, but I don't think I will be. The charts and previous patterns are telling me that we are going lower.
The last thing I want to mention, and this is premature, but $5,000 might not be our low for the year... we could go lower... but I'll save that for the next post, so stay updated.
Congratulations again to everyone who went short with me, remember to stay humble and buy your bull friends a drink.
Take it easy everyone, you can afford to now!
-YoungShkreli
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.