What's up guys, Quick post updating my perspective and that's it. I am temporarily bearish, but worth noting that in a bull market, your bearish bets should be smaller than your bullish bets and you should tolerate moves against you less all things being equal. That is all. YoungShkreli ps I lied about the non ta/price update, didnt mean to write this first,...
What’s up guys, In a previous post I said I expected a return to the moving averages and well here we are. I would be long off of the hit of any of the 3 moving averages above. Moving averages form an important part of the backbone of determining the trend and trading these moving averages in bull markets has been pretty profitable in bitcoin historically, my...
Hello friends, In the last post, I mentioned the first major technical trading strategy that is available to you, in this I will cover the second and finish this two-part short series of posts. The moving average is a very simple, but very versatile and useful tool. Averages are just kind of an amazing mathematical beauty in themselves, you can do a lot with...
Hello friends, Someone said that they felt that bitcoin wasn't in an uptrend. I said that clearly it is in an uptrend as an uptrend is measurable (kind of the main point) and the measurements are bullish. I'd like to take a second to talk about why objectively (by common metrics) bitcoin is OBJECTIVELY in an uptrend. For starters, Bitcoin is up over 200% this...
Hello guys, The bot added about 50% to its long position and the entry is now around 12800. So far it is up 5% BTC. -YoungShkreli PS The bot makes 300 trades a day so position is subject to change quite often :)
What's up guys, I recently finished progamming a bot and I am very excited about its progress. So far it is up 30% usd and 4% btc in under a week. It's too early to say it's a keeper, but I am going to share its positions daily here fyi. Currently bot is long from $12670. Ask me how to make your own bot! -YoungShkreli
Hello friends, As you know, I was bearish at $4.3k! I'm not proud of that, but what I am proud of is that at no time have I said to short in all of this run up. Why am I proud of that? Because I could have lost a lot of money that way, but I didn't. You must understand, that in order to be a good trader, you must first learn how to avoid getting rekt. I took...
Hello all, Just a heads up this is a traditionally bearish situation so make sure you are prepared for the worst as always :) -YS
What's up, Waiting for a correction to make active technical longs, but since the monthly closed green last month, this whole month is a buying month. I am making this post to tell you that today is the day I am a bull. I was wrong, this is a bull market. I'm buying all major pullbacks. There's about a 0% we make a new low. We made it. -YoungShkreli
What's up guys, I really messed it up. I should have listened to this guy: That's okay. So things didn't go to plan, and so what if I almost caught the bottom but missed out because I didn't want to pay funding after we didn't bounce immediately. Oh well, I'll make mistakes in the future too. That said, I am writing to tell you that I am nearly certain the...
Hello readers, It has come to my attention that some of my followers are not truly absorbing the main tenants of what I want to teach them. My goal is not to turn you into billionaire traders. My goal is to provide you with a solid framework that you can then build out on your own. My goal is primarily to prevent my readers from making simple mistakes that can be...
What's up guys! I have been extremely busy lately. I am working on a 100 page trading book and doing math research. My free time is more sparse than I'd like! That's a lie though, I love what I am doing. Anyways, before we get into this, I would suggest getting involved with me everywhere you can as I am least active here and have a lot of free information to...
What's up my dear readers, From the $3800 region, I suggested that the smart position to take was to be short. Personally, I maintain that was the smart choice, that said, maybe I should have prepared for a big rise. Personally, my strategy was that if there was a big move, I would just ignore it and try to short it as the tides turned. I wouldn't bother trying...
What's up guys, Bitcoin just pumped hard and I did not see this happening at all. I don't know if it's the end of the bear market, but let me share this link: woobull.com It's worth looking at. Thanks for reading. -YoungShkreli
What's up ADA traders, Sorry to be the BEARer of bad news, heh, but ADA should correct near here. I wouldn't short it just yet, but I'd consider taking some profit off the table/raise stops etc. i am expecting the bear market to resume, so you might regret not selling at resistance in the future. So, be careful here! Thanks for reading, -YoungShkreli
Hello friends, I hope you are all doing well. I wanted to share with you guys why I am bearish and why I believe it is smart to be bearish right now regardless of whether or not it will turn out to be right... Recall, we are in a bear market and just as a matter of fact therefore, the most likely move is always down until the trend reverses. With this in...
What's up friends, In my last analysis, I laid down my opinion that APPL wasn't going to do that well in the coming years. It has since faced a 20% decline. This post contains two elements: 1) the technical 2) the fundamental 1) You can see a large gap that has yet to be filled in the 120s. This is where I'd have my bids if I was trying to catch the...
What's up traders, In my last APPL post, I called the bottom of the move perfectly: Here's what I think: Would still be long here, but maybe consider taking profits. Please like my work and follow me for calling the bottom :) -YoungShkreli