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HOPE

... or die tryingIntroductory Warning: This is long (at least for my doing), it is not directly related to trading, instead this is about MY journey, why am I here, how did I get here. Maybe you can take some lessons from it, maybe you recognize yourself in it a bit or maybe you just feel the uncontrollable need to make fun of me in the comments in order to hide your own insecurity or stupidity or maybe you're just bored and need something to waste your time. Whatever the reason you are here, feel free to stay or head-for-the-hills Life does not give you what you want . Life gives you what you need . What you think you need, seldom is what you truly need . Life gives me 🍋🍋 all the time, i don't like lemons. Make lemonade ? I don't like lemonade either, the taste of citrus-fruits always makes me think of cleaning products (like drinking/eating from poorly rinsed dishes) .. and than adding tons of sugar? I'll pass (it goes for most detergents, why would I want my clothes to smell as if Ii just spilled peach-yogurt on them?). There must be a third way, the road less traveled, the road every one is missing, maybe not using the road altogether. Maybe turn those 🍋🍋 into dishwasher instead and rinse lifes mouth with it until it behaves and doesn't talk back anymore. Sometimes there is no alternative, only way is right through the black-hole. But this isn't about self-annihilation, ego-death or 'reinventing yourself'. What makes someone decide to become a trader, investor, speculator ? Most often it's just simple Greed . An evolutionary trait, gathering as much of something (food?) as possible in order to survive harsh times. The basic necessity mostly became redundant, yet the primal-drive stayed in tact. Many people feel the need to (ful)fill their lives with abundance of luxurious, needless goods. Fancy clothes, jewellery, cars. It goes right 🖐️ in 🖐️ with Fear . The fear of losing something (lose the stack of food, lose your life) I also have a need that wants to be fulfilled but it isn't money related, unfortunately money is the vessel that can get me there. Math When I was in school I hated math (who doesn't), I just couldn't get those stupid tables memorized. Then again, why should I, if I can't memorize what 7x7 is, I'll just have to calculate, (me as child: i know 7x10=70 just 1x7 add the 0 and 7+7=14 +7=21, so 70-21= 70-20=50-1=49 ) might take a bit longer .. but I'll get there. I'll do it MY WAY. And this is a very important concept for me, I am very rigid on things, I do not and cannot simply memorize things, I cannot just take things for granted, I have to understand the fundamentals and often details of the subject at hand in order to accept the whole. This mindset is me in my core, this I cannot change, this I will have to work with. To quote Michael "invest in water" Burry : I don't believe anything unless I understand it inside out. And even if I understand something, it is not uncommon that I disagree with accepted view (even if it's a Nobel laureate). (I did NOT know of his quote until I searched for a fitting one, the similarities are astonishing) Programming In the early 90's I pondered on the idea of learning to program (imagine writing cool games like Wolf3D yourself some day .. other boring reasons too). I started trying Basic and Pascal, to no avail. Memorizing all the codes ? The real incentive just wasn't there. Using Windows 3.1 and Windows95 (thnx Bill Gates: "Learning from mistakes and constantly improving products is a key in all successful companies." and man did they improve things 🤦) wasn't exactly a picnic either, so I tried this wondrous "new" OS called Linux, even though I come from the DOS generation, I couldn't get used to it and there where no alternatives to my programs and games at that time. Psychology Friendships, relationships, any -🚢 really, weren't always easy for me. It took me well into my young adulthood (no ship) until I fully realized that I do not need much of that but what's more, I don't want too much of that. as Anthony Hopkins once said: "I am not very good with relationships. With anyone. I can't be locked up with anyone for too long." and "I am a bit of a solitude person - a solitary personality. I like being on my own. I don't have any major friendships or relationships with people." As a toddler, in the stroller, I was already silently observing everything that I saw in contrast to other children being much more reactive to their surrounding.(I was more "Think, don't do" as to "Do, don't think" ) There is so much to be learned by just watching and listening. Passively not actively. Years go by, doing what a person does, a job here a job there, hobbies and all sorts of time wasting things like arguing. Arguing and disagreeing with neighbors about letting their dogs piss against our stuff and 💩 in front of our house, cats 💩 in our yard, parking cars thereby blocking our driveway, loud music, stench of all sorts, them or their children vandalizing your property (on camera - yet no-one intervenes), you name it, I reckon you have neighbors too 🙄 --for some reason it always escalates into more annoyances instead of resolving issues (people are mostly self-centered, arrogant, inconsiderate pieces of Dunning-Kruger 💩) Disagreeing with mechanics after the n-th time they ❤️ you over, I taught myself to do ALL repairs myself, welding, head-gasket, brakes .. the car is 30years old, so yeah, there IS work. I've always tried to repair everything myself. I come from a milieu that was about durability and not luxury (there wasn't much around so one had to make do) and I have to agree with Greta Thunberg on her "How dare you" speech. How dare you (all of you) rape our planet the way you do (Planned Obsolescence and mass consumerism at all cost). Do you not realize you not only jeopardize your own health and future but that of your children and ALL generations to come ? Of ALL living things ultimately ? so .. the years go by and life is catching up with you. You keep losing jobs (mostly because you "don't fit the team" and the occasional bankruptcy), losing friends, family is dwindling too. Hobbies don't interest you no more .. the dormant depression (besides your Dysthymia) comes crawling to the surface more and more, not only because you realize you'll never get out of this mess .. EVER, but also because you understand more and more about how ❤️-up this world (and by that I mean Human) really is. Something has to change, but you cannot figure out what. You cannot change yourself, your core-values, trying to 'just fit in more'. That's not gonna work. You cannot change the world either. You keep clashing with other people over and over again. You can't live with them ... You're pretty sure you have exhausted all possible (to you) ways of making a dent into this mess called life. What remains ? Buying a house, somewhere out there, away from ...'people' and all the troubles, a place where you can just be YOU. Without all the annoyance and aggravation. BUT .. nobody is going to just give you money or at least loan you some, can't get a mortgage either. So there you are, stuck in your own personal hell. ... you can't escape them. So there you are again, lost, you need that third option. Somewhere in between all of my misery, an acquaintance once said to me: "Maybe Bitcoin is something for you?!" While I always haggled or traded something throughout my life, it never occurred to me to do "Financial Trading". The learning curve of trading is something all traders have to do themselves, so I will not bore you with my specific path. I am amazed by how far I've come (yet at the same time stood still), in many aspects, previous knowledge comes in handy here and newly learned now completes puzzles I previously couldn't solve. Math, Programming and Psychology for example, they all meet back here (at least for me they do), only this time .. I actually DO (kind of) enjoy them (well mostly) 🤣 Math is self-evident .. you just need it. The programming I picked up initially because I wanted some alterations in some basic indicators (fit them to my needs) and from there it grew to writing complex strategies for back-testing. Psychology .. feel free to look at some of my other "Educationals", know yourself, know the competition and all of those 'opinions'. Am I there yet ? The strict goal of my venture, the house ? No. For the same reason as in real life, I have to much projects at the same time. It's mostly swing-trades for me, but because of the large time-frames, impatience, loss of focus, I start to look at other things, new strategies, scalps etc. then forgot to enter at the right time and .. want to talk about self-loathing? (expert right here, this ***damn idiot could have been very done by now, if he'd payed attention and not pulled all the orders last minute .. over and over again ). Day-trading and scalps .. can't really put in the hours needed because of other obligations and trouble with focus. I need to trade when I can, not just when the market presents itself (albeit that's how one should). I have nothing to show for from all that life has thrown at me and all I have done with it. Except maybe for all the brain-filling I have gathered. I'm not even close to buying my house - my freedom yet. While I judge people very hard, what most people don't see is, that I judge myself so much harder. Maybe you think I am a hypocrite, arrogant, narcissistic, or just no longer 'my own entity' .. I don't care, if anything I'm the biggest loser of them all .. for I can not reach that bar I set so obviously 'low' for myself, every single time, (would I rather want to live in self-deceit like they do?). Unforgiving of my own mistakes: "if I let this slip by .. I'm prone to do it again .. and again, how will I ever learn". Almost everything a person can be called, I've been called, the good and the bad. The more my knowledge of things grows, the more the duality inside me grows with it (the frequency shortens, the amplitude widens). The more the void takes over as well. The goal losing its importance. All becomes meaningless. Did trading do this to me or was it ultimately inevitable ? Just a path that had to be taken ? By writing it all down I do not seek approval, confirmation, attention, affirmation or donation. It is just something I have to do, as a part of the road taken. Only I can make changes in my life. In this pitch-black tunnel of depression and 'far worse things', I sometimes can see the very faint shimmering of this tiny little Candle, be it red, be it green, bringing back some hope, even if only for brief moments, will I succeed, it remains to be seen.
BITSTAMP:BTCUSD
by Je_Buurman
VXRT: A moment of truth and resolveIt's been rough for those of us that jumped in during the heady days of promise, while prices were double digit and everything was green. Those days are now a distant memory. Some of us are holding on. Some of us even DCA'ed our way down from an absurd valuation to something potentially more reasonable, in exchange for a much bigger piece of skin in the game. And yet, hope endures. Most of the world will want a vaccine, and most of the world does not have a great deal of money. Injected vaccines take expensive infrastructure like refrigeration. The promise of a vaccine for the flu, much less covid, that comes in a simple pill is obvious. The only questions are: Does it work? Will Vaxart live long enough for us to find out? I don't have answers. I'm relatively new to all this. But I decided that, inasmuch as I'm going to diverge beyond the safe and sure path of index bond and stock ETF, I'm going to invest in companies that I feel a connection to. Some, like AMD, worked out well. And then there's Vaxart. I've lost a lot, on paper, to this so far... Vaxart's moonshot hopes are also my hopes. If they fail, then so be it... That is the risk we all took. But if they win... those of us who saw it coming will surely reap a large windfall, but really all people will prosper with a cheap and effective end to flu and covid.
NASDAQ:VXRTLong
by UnknownUnicorn11237564
6
Hope. 🙏🏻 Fear. 😱 Greed. 🤑 Welcome, guys! 😊Today I wanna talk with you about our feelings and emotions💋💋💋 💥 Fear of falling prices provokes a sell , and the opportunity to lose chance to make monney leads to an unreasonable buy .💥              ⚡Such pernicious emotion like greed is a manifestation of the trader’s arrogance and his thirst for a good income as soon as possible, which also provokes the unfoundedness of transactions.🤷🏻‍♀️         Many psychologists and scientists do a lot of research in the study of human emotions and feelings, the results of which show the ability to control their emotions. 💪🏻 In trading, managing emotions is a very necessary. 💪🏻 Let's consider three seemingly simple emotions on which a trader’s work in the market depends in more detail: 📌Fear 📌Hope 📌Greed 😱 The role of fear in trading 😱         In fact, fear plays a significant role in the market. Fear often deprives the trader of the opportunity to earn money, but also saving him from making fatal decisions. The emotion of fear often serves as a kind of "brake" for the trader.        A frightened trader is obsessed with the adverse aspects of trading. Fear of losing money generates a lot of other negative emotions in your head. 🤑 Trader's greed would destroy. 🤑 Greed is a disastrous and dangerous feeling, especially for a trader. The prevalence of greed rarely can help to achieve the desired result. It depriving people of the ability to think soberly and objectively. Often, having felt success, a trader wants to earn more and more by making the following mistakes: ❗ Untimely exit from the transaction ❗ Hold position more then you need ❗ Overstatement of risks 🙏🏻 Hope is the last thing to die 🙏🏻 Of all three emotions, most market participants live with hope. This emotion is completely opposite to fear, because its presence affects the positive thinking of the outcome of the trade. In moments of hope, the thinking of market participants is aimed at making profit, not losing it. People trade in order to achieve success and financial stability, taking income from the market. The circle of such people was divided into optimists and pessimists, absorbed in hope, fear and greed, only to different degrees. One way or another, an overabundance of these emotions can lead to losses . The best option is to find the “golden mean” and learn how to manage your emotions.💪🏻💪🏻💪🏻 😊😊I hope you enjoyed my post, don't forget to support me with like 🌞, subscribe,for don't get lost!💋 Below are links to my previous ideas👇🏻👇🏻👇🏻 Stay with me🌞 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
23
NASDAQ: FEAR > (GREED + HOPE) ==> CORRECTION.In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis. I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this to turn into a nightmare! I explore patterns that today, are pretty similar to 2007-ish I show why I think the market is exhausting. I say that quite possibly fear may outweigh greed and hope. So the equation in a superheated bull market is: FEAR > (GREED + HOPE) ==> CORRECTION. DISCLAIMERS: This is speculative opinion only. That the post is listed as short is only an indication of probability estimate for the south. It is not intended to cause fear or to advise people on making financial decisions. Your decisions are your own as well as the risks you accept. If you lose out on profits or otherwise lose money, kindly sue yourself!
NASDAQ:NDAQShort
by Captain_Walker
Possible scenario, Why notVery hard to say anything mid term or even short term with whales market manipulation and the very uncertain bitcoin future at the moment. BTC gain in popularity but not so much on customer, much more on guys who want to make money. I think maybe we will need to master nuclear fusion before any crowd movement for BTC but BTC could die before, who know the impact of a China governmental cryptocurrencie. I have the feeling that every nations of this world will, sooner or later, create they own "crypto" and in one way or another try to kill transparency and decentralization while trying to say "We are crypto in a better way". The mass are easily manipulated, like bitcoin apparently. Anyways I want to believe in this sh*t. So i hold while we are not breaking 6,8k - 7,2k If i was a clever boy, I surely would put a buy order in this range. But I am a guy who hopes instead of acting smartly apparently.
by hijonik
Bitcoin still in downward trend - Hibernating Bears ahead?As I stated Sept. 27, Bitcoin very much is in a clear downward trend on the USD weekly chart. Tellingly the recent massive breakout above the $10,000 range didn't hold on the weekly. The two scenarios are still intact. So either BTC will breakout of the triangle and downward trend or it will be stuck in winter mode and the bears will go hibernate BTC into and maybe through the winter. Alternatively we all get the holiday season gift we are hoping for.
BITFINEX:BTCUSDShort
by CarpeMomentum
IWM short setup in the worksA break below 156-ish is bearish in my opinion, and increases the likelihood that IWM will retest the bottom of its descending channel. In addition to that, the RSI is showing overbought conditions. If it breaks below the 156-ish level, I will short it via puts and look for a risk/reward somewhere in that area I noted. Fundamentally, it all hinges on the Fed meeting later this afternoon. I still believe a meager 25 BP rate cut will send the market hopesters to their "safe places," while they pout. Therefore, sending the markets lower while they sulk in their own pity. Don't be a hopester ... use solid analysis. DO YOUR OWN RESEARCH AND BE RATIONAL ABOUT IT!! Yes, I know the markets are irrational at times. However, you can still give yourself an edge that the hopesters don't have by analyzing instead of guessing (gambling).
AMEX:IWMShort
by Bankuur
2
Buyers with there foot gently on the break - We see that oil in currently in a sideways market at the moment hitting a resistance line - We should expect for oil to be bearish due to the hitting of a resistance line, however the moment while fading is not yet as strong as we might have hopped for. - Depending on the OIL reserve news to come out on Wednesday should give us a better picture of whether or not oil will be bearish. - Check out the CAD analysis as OIL and cad go hand in hand Lets wait and see if this week will be the oil week
FX:USOILShort
by Eugene123