Trading Gold - How, When and Where to Trade or Buy Gold

I'm getting really deep into theory, I have been reading books, analyzing charts and trading on a demo-account - I want to invest in stocks, gold, and Trade with ETFs and Forex. What Broker can you recommend?

Title-
Sorry if this is a really big rookie question
submitted by Medical_Faggot to askinvesting [link] [comments]

The Mouthbreather's Guide to the Galaxy

The Mouthbreather's Guide to the Galaxy
Alright CYKAS, Drill Sgt. Retarded TQQQ Burry is in the house. Listen up, I'm gonna train yo monkey asses to make some motherfucking money.

“Reeee can’t read, strike?” - random_wsb_autist
Bitch you better read if you want your Robinhood to look like this:
gainz, bitch


Why am I telling you this?
Because I like your dumb asses. Even dickbutts like cscqb4. And because I like seeing Wall St. fucking get rekt. Y’all did good until now, and Wall St. is salty af. Just google for “retail traders” news if you haven’t seen it, and you’ll see the salty tears of Wall Street assholes. And I like salty Wall St. assholes crying like bitches.
https://www.zerohedge.com/markets/retail-investors-are-crushing-hedge-funds-again

That said, some of you here are really motherfucking dense & the sheer influx of retardation has been driving away some of the more knowledgeable folks on this sub. In fact, in my last post, y'all somehow managed to downvote to shit the few guys that really understood the points I was making and tried to explain it to you poo-slinging apes. Stop that shit yo! A lot of you need to sit the fuck down, shut your fucking mouth and listen.
So I'm going to try and turn you rag-tag band of dimwits into a respectable army of peasants that can clap some motherfucking Wall Street cheeks. Then, I'm going to give you a mouthbreather-proof trade that I don't think even you knuckleheads can mess up (though I may be underestimating you).
If you keep PM-ing me about your stupid ass losses after this, I will find out where you live and personally, PERSONALLY, shit on your doorstep.
This is going to be a long ass post. Read the damned post. I don't care if you're dyslexic, use text-to-speech. Got ADHD? Pop your addys, rub one out, and focus! Are you 12? Make sure to go post in the paper trading contest thread first.

THE RULES:
  1. Understand that most of this sub has the critical reading skills of a 6 year old and the attention span of a goldfish. As such, my posts are usually written with a level of detail aimed at the lowest common denominator. A lot of details on the thesis are omitted, but that doesn't mean that the contents in the post are all there is to it. If I didn't do that, every post'd have to be longer than this one, and 98% of you fucks wouldn't read it anyway. Fuck that.
  2. Understand that my style of making plays is finding the >10+ baggers that are underpriced. As such, ALL THE GOD DAMN PLAYS I POST ARE HIGH-RISK / HIGH-REWARD. Only play what you can afford to risk. And stop PM-ing me the second the market goes the other way, god damn it! If you can't manage your own positions, I'm going to teach your ass the basics.
  3. Do you have no idea what you're doing and have a question? Google it first. Then google it again. Then Bing it, for good measure. Might as well check PornHub too, you never know. THEN, if you still didn't find the answer, you ask.
  4. This sub gives me Tourette's. If you got a problem with that, well fuck you.

This shit is targeted at the mouthbreathers, but maybe more knowledgeable folk’ll find some useful info, idk. How do you know if you’re in the mouthbreather category? If your answer to any of the following questions is yes, then you are:
  • Are you new to trading?
  • Are you unable to manage your own positions?
  • Did you score into the negatives on the SAT Critical Reading section?
  • Do you think Delta is just an airline?
  • Do you buy high & sell low?
  • Do you want to buy garbage like Hertz or American Airlines because it's cheap?
  • Did you buy USO at the bottom and are now proud of yourself for making $2?
  • Do you think stOnKs oNLy Go uP because Fed brrr?
  • Do you think I'm trying to sell you puts?
  • If you take a trade you see posted on this sub and are down, do you PM the guy posting it?
  • Do you generally PM people on this sub to ask them basic questions?
  • Is your mouth your primary breathing apparatus?
Well I have just the thing for you!


Table of Contents:
I. Maybe, just maybe, I know what I’m talking about
II. Post-mortem of the February - March 2020 Great Depression
III. Mouthbreather's bootcamp on managing a position – THE TECHNICALS
IV. Busting your retarded myths
V. LIQUIDITY NUKE INBOUND
VI. The mouthbreather-proof trade - The Akimbo
VII. Quick hints for non-mouthbreathers


Chapter I - Maybe, just maybe, I know what I’m talking about
I'm not here to rip you off. Every fucking time I post something, a bunch of dumbasses show up saying I'm selling you puts or whatever the fuck retarded thoughts come through their caveman brains.
"hurr durr OP retarded, OP sell puts" - random_wsb_autist
Sit down, Barney, I'm not here to scam you for your 3 cents on OTM puts. Do I always get it right? Of course not, dumbasses. Eurodollar play didn't work out (yet). Last TQQQ didn't work out (yet). That’s just how it goes. Papa Buffet got fucked on airlines. Plain retard Burry bought GME. What do you fucking expect?
Meanwhile, I keep giving y'all good motherfucking plays:
  1. 28/10/2019: "I'ma say this again, in case you haven't heard me the first time. BUY $JNK PUTS NOW!". Strike: "11/15, 1/17 and 6/19". "This thing can easily go below 50, so whatever floats your boat. Around $100 strike is a good entry point."
  2. 3/9/2020: "I mean it's a pretty obvious move, but $JNK puts."
  3. 3/19/2020, 12pm: "UVXY put FDs are free money." & “Buy $UVXY puts expiring tomorrow if we're still green at 3pm. Trust me.”
  4. 3/24/2020: “$UUP 3/27 puts at $27.5 or $27 should be 10-baggers once the bill passes. I'd expect it to go to around $26.”
And of course, the masterpiece that was the TQQQ put play.
Chapter II. Post-mortem of the February - March 2020 Great Depression
Do you really understand what happened? Let's go through it.
I got in puts on 2/19, right at the motherfucking top, TQQQ at $118. I told you on 2/24 TQQQ ($108) was going to shit, and to buy fucking puts, $90ps, $70ps, $50ps, all the way to 3/20 $30ps. You think I just pulled that out of my ass? You think I just keep getting lucky, punks? Do you have any idea how unlikely that is?
Well, let's take a look at what the fuckstick Kevin Cook from Zacks wrote on 3/5:
How Many Sigmas Was the Flash Correction Plunge?
"Did you know that last week's 14% plunge in the S&P 500 SPY was so rare, by statistical measures, that it shouldn't happen once but every 14,000 years?"
"By several measures, it was about a 5-sigma move, something that's not "supposed to" happen more than once in your lifetime -- or your prehistoric ancestors' lifetimes!
"According to general statistical principles, a 4-sigma event is to be expected about every 31,560 days, or about 1 trading day in 126 years. And a 5-sigma event is to be expected every 3,483,046 days, or about 1 day every 13,932 years."

On 3/5, TQQQ closed at $81. I just got lucky, right? You should buy after a 5-sigma move, right? That's what fuckstick says:
"Big sigma moves happen all the time in markets, more than any other field where we collect and analyze historical data, because markets are social beasts subject to "wild randomness" that is not found in the physical sciences.
This was the primary lesson of Nassim Taleb's 2007 book The Black Swan, written before the financial crisis that found Wall Street bankers completely ignorant of randomness and the risks of ruin."
I also took advantage of the extreme 5-sigma sell-off by grabbing a leveraged ETF on the Nasdaq 100, the ProShares UltraPro QQQ TQQQ. In my plan, while I might debate the merits of buying AAPL or MSFT for hours, I knew I could immediately buy them both with TQQQ and be rewarded very quickly after the 14% plunge."
Ahahaha, fuckstick bought TQQQ at $70, cuz that's what you do after a random 5-sigma move, right? How many of you dumbasses did the same thing? Don't lie, I see you buying 3/5 on this TQQQ chart:
https://preview.redd.it/9ks35zdla5151.png?width=915&format=png&auto=webp&s=2c90d08494c52a1b874575ee233624e61ac27620
Meanwhile, on 3/3, I answered the question "Where do you see this ending up at in the next couple weeks? I have 3/20s" with "under 30 imo".

Well good fucking job, because a week later on 3/11, TQQQ closed at $61, and it kept going.
Nomura: Market staring into the abyss
"The plunge in US equities yesterday (12 March) pushed weekly returns down to 7.7 standard deviations below the norm. In statistical science, the odds of a greater-than seven-sigma event of this kind are astronomical to the point of being comical (about one such event every 160 billion years).
Let's see what Stephen Mathai-Davis, CFA, CQF, WTF, BBQ, Founder and CEO of Q.ai - Investing Reimagined, a Forbes Company, and a major fucktard has to say at this point:

"Our AI models are telling us to buy SPY (the SPDR S&P500 ETF and a great proxy for US large-cap stocks) but since all models are based on past data, does it really make sense? "
"While it may or may not make sense to buy stocks, it definitely is a good time to sell “volatility.” And yes, you can do it in your brokerage account! Or, you can ask your personal finance advisor about it."
"So what is the takeaway? I don’t know if now is the right time to start buying stocks again but it sure looks like the probabilities are in your favor to say that we are not going to experience another 7 standard deviation move in U.S. Stocks. OTM (out-of-the-money) Put Spreads are a great way to get some bullish exposure to a rally in the SPY while also shorting such rich volatility levels."
Good job, fuckfaces. Y'all bought this one too, admit it. I see you buying on this chart:
https://preview.redd.it/s9344geza5151.png?width=915&format=png&auto=webp&s=ebaef4b1414d901e6dafe354206ba39eb03cb199
Well guess what, by 3/18, a week later, we did get another 5 standard deviation move. TQQQ bottomed on 3/18 at $32.73. Still think that was just luck, punk? You know how many sigmas that was? Over 12 god-damn sigmas. 12 standard deviations. I'd have a much better chance of guessing everyone's buttcoin private key, in a row, on the first try. That's how unlikely that is.
https://preview.redd.it/luz0s3kbb5151.png?width=587&format=png&auto=webp&s=7542973d56c42e13efd3502331ac6cc5aea42630
"Hurr durr you said it's going to 0, so you're retarded because it didn't go to 0" - random_wsb_autist
Yeah, fuckface, because the Fed bailed ‘em out. Remember the $150b “overnight repo” bazooka on 3/17? That’s what that was, a bailout. A bailout for shitty funds and market makers like Trump's handjob buddy Kenny Griffin from Citadel. Why do you think Jamie Dimon had a heart attack in early March? He saw all the dogshit that everyone put on his books.

https://preview.redd.it/8fqvt37ama151.png?width=3711&format=png&auto=webp&s=0b06ee5101685c5274c6641a62ee9eb1a2a3f3ee


Read:
https://dealbreaker.com/2020/01/griffin-no-show-at-white-house
https://www.cnbc.com/2020/03/11/bank-ceos-convene-in-washington-with-president-trump-on-coronavirus.html
https://www.proactiveinvestors.co.uk/companies/news/914736/market-makers--didn-t-show-up-for-work--macro-risk-ceo-says-914736.html
https://www.chicagobusiness.com/finance-banking/chicago-trading-firms-seek-more-capital
https://www.housingwire.com/articles/did-non-qm-just-disappear-from-the-market/
https://www.bloomberg.com/news/articles/2020-03-22/bruised-hedge-funds-ask-clients-for-fresh-cash-to-buy-the-dip
https://fin24.com/Markets/Bonds/rand-bonds-rally-after-reserve-bank-intervention-20200320

Yup, everyone got clapped on their stupidly leveraged derivatives books. It seems Citadel is “too big to fail”. On 3/18, the payout on 3/20 TQQQ puts alone if it went to 0 was $468m. And every single TQQQ put expiration would have had to be paid. Tens or hundreds of billions on TQQQ puts alone. I’d bet my ass Citadel was on the hook for a big chunk of those. And that’s just a drop in the bucket compared to all the other blown derivative trades out there.

https://preview.redd.it/9ww27p2qb5151.png?width=2485&format=png&auto=webp&s=78f24265f3ea08fdbb37a4325f15ad9b61b0c694
Y’all still did good, 3/20 closed at $35. That’s $161m/$468m payoff just there. I even called you the bottom on 3/17, when I saw that bailout:

"tinygiraffe21 1 point 2 months ago
Haha when? I’m loading up in 4/17 25 puts"
"dlkdev
Scratch that, helicopter money is here."
"AfgCric 1 point 2 months ago
What does that mean?"
"It means the Fed & Trump are printing trillions with no end in sight. If they go through with this, this was probably the bottom."

"hurr durr, it went lower on 3/18 so 3/17 wasn't the bottom" - random_wsb_autist
Idiot, I have no way of knowing that Billy boy Ackman was going to go on CNBC and cry like a little bitch to make everyone dump, so he can get out of his shorts. Just like I have no way of knowing when the Fed decides to do a bailout. But you react to that, when you see it.
Do you think "Oh no world's ending" and go sell everything? No, dumbass, you try to figure out what Billy's doing. And in this case it was pretty obvious, Billy saw the Fed train coming and wanted to close his shorts. So you give the dude a hand, quick short in and out, and position for Billy dumping his short bags.
Video of Billy & the Fed train

Here's what Billy boy says:
“But if they don’t, and the government takes the right steps, this hedge could be worth zero, and the stock market could go right back up to where it was. So we made the decision to exit.”
https://www.businessinsider.sg/bill-ackman-explains-coronavirus-trade-single-best-all-time-podcast-2020-5
Also, “the single best trade of all time.” my ass, it was only a 100-bagger. I gave y’all a 150-bagger.
So how could I catch that? Because it wasn't random, yo. And I'm here to teach your asses how to try to spot such potential moves. But first, the technical bootcamp.

Chapter III. Mouthbreather's bootcamp on managing a position – THE TECHNICALS

RULE 1. YOU NEVER BUY OPTIONS AT OPEN. You NEVER OVERPAY for an option. You never FOMO into buying too fast. You NEVER EVER NEVER pump the premium on a play.
I saw you fuckers buying over 4k TQQQ 5/22 $45 puts in the first minutes of trading. You pumped the premium to over $0.50 dudes. The play's never going to work if you do that, because you give the market maker free delta, and he's going to hedge that against you. Let me explain simply:

Let's say a put on ticker $X at strike $50 is worth $1, and a put at strike $51 is worth $2.
If you all fomo in at once into the same strike, the market maker algos will just pull the asks higher. If you overpay at $2 for the $50p, the market maker will just buy $51ps for $2 and sell you $50ps for 2$. Or he'll buy longer-dated $50ps and sell you shorter-dated $50ps. Max risk for him is now 0, max gain is $1. You just gave him free downside insurance, so of course he's going to start going long. And you just traded against yourself, congrats.

You need to get in with patience, especially if you see other autists here wanting to go in at the same time. Don't step on each other's toes. You put in an order, and you wait for it to fill for a couple of seconds. If it doesn't fill, AND the price of the option hasn't moved much recently, you can bump the bid $0.01. And you keep doing that a few times. Move your strikes, if needed. Only get a partial fill or don't get a fill at all? You cancel your bid. Don't fucking leave it hanging there, or you're going to put a floor on the price. Let the mm algos chill out and go again later.

RULE 2. WATCH THE TIME. Algos are especially active at x:00, x:02, x:08, x:12, x:30 and x:58. Try not to buy at those times.
RULE 3. YOU USE MULTIPLE BROKERS. Don't just roll with Robinhood, you're just gimping yourself. If you don't have another one, open up a tasty, IB, TD, Schwab, whatever. But for cheap faggy puts (or calls), Robinhood is the best. If you want to make a play for which the other side would think "That's free money!", Robinhood is the best. Because Citadel will snag that free money shit like no other. Seriously, if you don't have a RH account, open one. It's great for making meme plays.

RULE 4. YOU DON'T START A TRADE WITH BIG POSITIONS. Doesn't matter how big or small your bankroll is. If you go all-in, you're just gambling, and the odds are stacked against you. You need to have extra cash to manage your positions. Which leads to
RULE 5. MANAGING YOUR WINNERS: Your position going for you? Good job! Now POUND THAT SHIT! And again. Move your strikes to cheaper puts/calls, and pound again. And again. Snowball those gains.
RULE 6A. POUND THOSE $0.01 PUTS:
So you bought some puts and they’re going down? Well, the moment they reach $0.01, YOU POUND THOSE PUTS (assuming there’s enough time left on them, not shit expiring in 2h). $0.01 puts have amazing risk/return around the time they reach $0.01. This is not as valid for calls. Long explanation why, but the gist of it is this: you know how calls have unlimited upside while puts have limited upside? Well it’s the reverse of that.
RULE 6B. MANAGING YOUR LOSERS:
Your position going against you? Do you close the position, take your loss porn and post it on wsb? WRONG DUMBASS. You manage that by POUNDING THAT SHIT. Again and again. You don't manage losing positions by closing. That removes your gainz when the market turns around. You ever close a position, just to have it turn out it would have been a winner afterwards? Yeah, don't do that. You manage it by opening other positions. Got puts? Buy calls. Got calls? Buy puts. Turn positions into spreads. Buy spreads. Buy the VIX. Sell the VIX. They wanna pin for OPEX? Sell them options. Not enough bankroll to sell naked? Sell spreads. Make them fight you for your money, motherfuckers, don't just give it away for free. When you trade, YOU have the advantage of choosing when and where to engage. The market can only react. That's your edge, so USE IT! Like this:

Example 1:
Initial TQQQ 5/22 position = $5,000. Starts losing? You pound it.

https://preview.redd.it/gq938ty8e5151.png?width=944&format=png&auto=webp&s=734ab7ed517f0e6822bfaaed5765d1272de398d1
Total pounded in 5/22 TQQQ puts = $10,824. Unfortunately expired worthless (but also goes to show I'm not selling you puts, dickwads)
Then the autists show up:
"Hahaha you lost all your money nice job you fucking idiot why do you even live?" - cscqb4
Wrong fuckface. You see the max pain at SPX 2975 & OPEX pin coming? Sell them some calls or puts (or spreads).

https://preview.redd.it/7nv23fr41a151.jpg?width=750&format=pjpg&auto=webp&s=14a8879c975646ffbfe2942ca1982bfabfcf90df
Sold 9x5/20 SPX [email protected], bam +$6,390. Still wanna pin? Well have some 80x5/22 TQQQ $80cs, bam anotha +$14,700.

https://preview.redd.it/1iqtpmc71a151.jpg?width=750&format=pjpg&auto=webp&s=df9b954131b0877f4acc43038b4a5a4acf544237
+$21,090 - $10,824 = +$10,266 => Turned that shit into a +94.85% gain.

.cscqb4 rn

You have a downside position, but market going up or nowhere? You play that as well. At least make some money back, if not profit.

Example 2:

5/22, long weekend coming right? So you use your brain & try to predict what could happen over the 3-day weekend. Hmm, 3 day weekend, well you should expect either a shitty theta-burn or maybe the pajama traders will try to pooomp that shite on the low volume. Well make your play. I bet on the shitty theta burn, but could be the other, idk, so make a small play.

Sold some ES_F spreads (for those unaware, ES is a 50x multiplier, so 1 SPX = 2 ES = 10 SPY, approximately). -47x 2955/2960 bear call spreads for $2.5. Max gain is $2.5, max loss is 2960-2955 = $5. A double-or-nothing basically. That's $5,875 in premium, max loss = 2x premium = $11,750.
Well, today comes around and futures are pumping. Up to 3,014 now. Do you just roll over? You think I'm gonna sit and take it up the ass? Nah bros that's not how you trade, you fucking fight them. How?
I have:
47x 2960 calls
-47x 2955 calls

Pajama traders getting all up in my grill? Well then I buy back 1 of the 2955 calls. Did that shit yesterday when futures were a little over 2980, around 2982-ish. Paid $34.75, initially shorted at $16.95, so booked a -$892 loss, for now. But now what do I have?

46x 2955/2960 bear calls
1x 2960 long call

So the fuckers can pump it. In fact, the harder they pump it, the more I make. Each $2.5 move up in the futures covers the max loss for 1 spread. With SPX now at ~3015, that call is $55 ITM. Covers 24/46 contracts rn. If they wanna run it up, at 3070 it's break-even. Over that, it's profit. I'll sell them some bear call spreads over 3050 if they run it there too. They gonna dump it? well under 2960 it's profit time again. They wanna do a shitty pin at 3000 today? Well then I'll sell them some theta there.
Later edit: that was written yesterday. Got out with a loss of only $1.5k out of the max $5,875. Not bad.
And that, my dudes, is how you manage a position.

RULE 7 (ESPECIALLY FOR BEARS). YOU DON'T KEEP EXTRA CASH IN YOUR BROKER ACCOUNT. You don't do it with Robinhood, because it's a shitty dumpsterfire of a broker. But you don't do it with other brokers either. Pull that shit out. Preferably to a bank that doesn't play in the markets either, use a credit union or some shit. Why? Because you're giving the market free liquidity. Free margin loans. Squeeze that shit out, make them work for it. Your individual cash probably doesn't make a dent, but a million autists with an extra $1200 trumpbucks means $1.2b. That's starting to move the needle. You wanna make a play, use instant deposits. And that way you don't lose your shit when your crappy ass broker or bank gets its ass blown up on derivative trades. Even if it's FDIC or SIPC insured, it's gonna take time until you see that money again.


Chapter IV. BUSTING YOUR RETARDED MYTHS

MYTH 1 - STONKS ONLY GO UP

Do you think the market can go up forever? Do you think stOnKs oNLy Go uP because Fed brrr? Do you think SPX will be at 5000 by the end of the month? Do you think $1.5 trillion is a good entry point for stonks like AAPL or MSFT? Do you want to buy garbage like Hertz or American Airlines because it's cheap? Did you buy USO at the bottom and are now proud of yourself for making $2? Well, this section is for you!
Let's clear up the misconception that stonks only go up while Fed brrrs.

What's your target for the SPX top? Think 3500 by the end of the year? 3500 by September? 4000? 4500? 5000? Doesn't matter, you can plug in your own variables.

Let's say SPX only goes up, a moderate 0.5% each period as a compounded avg. (i.e. up a bit down a bit whatever, doesn't matter as long as at the end of your period, if you look back and do the math, you'll get that number). Let's call this variable BRRR = 0.005.

Can you do the basic math to calculate the value at the end of x periods? Or did you drop out in 5th grade? Doesn't matter if not, I'll teach you.


Let's say our period is one week. That is, SPX goes up on average 0.5% each week on Fed BRRR:
2950 * (1.005^x), where x is the number of periods (weeks in this case)

So, after 1 month, you have: 2950 * (1.005^4) = 3009
After 2 months: 2950 * (1.005^8) = 3070
End of the year? 2950 * (1.005^28) = 3392

Now clearly, we're already at 3015 on the futures, so we're moving way faster than that. More like at a speed of BRRR = 1%/wk

2950 * (1.01^4) = 3069
2950 * (1.01^8) = 3194
2950 * (1.01^28) = 3897


Better, but still slower than a lot of permabulls would expect. In fact, some legit fucks are seriously predicting SPX 4000-4500 by September. Like this dude, David Hunter, "Contrarian Macro Strategist w/40+ years on Wall Street". IDIOTIC.
https://twitter.com/DaveHcontrarian/status/1263066368414568448

That'd be 2950 * (BRRR^12) = 4000 => BRRR = 1.0257 and 2950 * (BRRR^12) = 4500 => BRRR = 1.0358, respectively.

Here's why that can't happen, no matter the amount of FED BRRR: Leverage. Compounded Leverage.

There's currently over $100b in leveraged etfs with a 2.5x avg. leverage. And that's just the ones I managed to tally, there's a lot of dogshit small ones on top of that. TQQQ alone is now at almost $6b in AUM (topped in Fed at a little over $7b).

Now, let's try to estimate what happens to TQQQ's AUM when BRRR = 1.0257. 3XBRRR = 1.0771. Take it at 3XBRRR = 1.07 to account for slippage in a medium-volatility environment and ignore the fact that the Nasdaq-100 would go up more than SPX anyway.

$6,000,000,000 * (1.07^4) = $7,864,776,060
$6,000,000,000 * (1.07^8) = $10,309,100,000
$6,000,000,000 * (1.07^12) = $13,513,100,000
$6,000,000,000 * (1.07^28) = $39,893,000,000.

What if BRRR = 1.0358? => 3XBRR = 1.1074. Take 3XBRRR = 1.10.
$6,000,000,000 * (1.1^4) = $8,784,600,000
$6,000,000,000 * (1.1^8) = $12,861,500,000
$6,000,000,000 * (1.1^12) = $18,830,600,000
$6,000,000,000 * (1.1^28) = $86,526,000,000

And this would have to get 3x leveraged every day. And this is just for TQQQ.

Let's do an estimation for all leveraged funds. $100b AUM, 2.5 avg. leverage factor, BRRR = 1.0257 => 2.5BRRR = 1.06425

$100b * (1.06^4) = $128.285b
$100b * (1.06^8) = $159.385b
$100b * (1.06^12) = $201.22b
$100b * (1.06^28) = $511.169b

That'd be $1.25 trillion sloshing around each day. And the market would have to lose each respective amount of cash into these leveraged funds. Think the market can do that? You can play around with your own variables. But understand that this is just a small part of the whole picture, many other factors go into this. It's a way to put a simple upper limit on an assumption, to check if it's reasonable.

In the long run, it doesn't matter if the Fed goes BRRR, if TQQQ takes in it's share of 3XBRRR. And the Fed can't go 3XBRRR, because then TQQQ would take in 9XBRRR. And on top of this, you have a whole pile of leveraged derivatives on top of these leveraged things. Watch (or rewatch) this: Selena Gomez & Richard H. Thaler Explaining Synthetic CDO through BLACKJACK

My general point, at the mouth-breather level, is that Fed BRRR cannot be infinite, because leverage.
And these leveraged ETFs are flawed instruments in the first place. It didn't matter when they started out. TQQQ and SQQQ started out at $8m each. For the banks providing the swaps, for the market providing the futures contracts, whatever counter-party to whatever instrument they would use, that was fine. Because it balanced out. When TQQQ made a million, SQQQ lost a million (minus a small spread, which was the bank's profit). Bank was happy, in the long run things would even out. Slippage and spreads and fees would make them money. But then something happened. Stonks only went up. And leveraged ETFs got bigger and more and more popular.
And so, TQQQ ended up being $6-7b, while SQQQ was at $1b. And the same goes for all the other ETFs. Long leveraged ETF AUM became disproportionate to short AUM. And it matters a whole fucking lot. Because if you think of the casino, TQQQ walks up every day and says "I'd like to put $18b on red", while SQQQ walks up and says "I'd only like to put $3b on black". And that, in turn, forces the banks providing the swaps to either eat shit with massive losses, or go out and hedge. Probably a mix of both. But it doesn't matter if the banks are hedged, someone else is on the other side of those hedges anyway. Someone's eating a loss. Can think of it as "The Market", in general, eating the loss. And there's only so much loss the market can eat before it craps itself.

If you were a time traveller, how much money do you think you could make by trading derivatives? Do you think you could make $20 trillion? You know the future prices after all... But no, you couldn't. There isn't enough money out there to pay you. So you'd move the markets by blowing them up. Call it the Time-travelling WSB Autist Paradox.

If you had a bucket with a hole in the bottom, even if you poured an infinite amount of water into it, it would never be full. Because there's a LIQUIDITY SINK, just like there is one in the markets.
And that, my mouth-breathing friends, is the reason why FED BRRR cannot be infinite. Or alternatively, "STONKS MUST GO BOTH UP AND DOWN".

MYTH 2 - YOU CAN'T TIME THE MARKET

On Jan 14, 2020, I predicted this: Assuming that corona doesn't become a problem, "AAPL: Jan 28 $328.3, Jan 31 $316.5, April 1 $365.7, May 1 $386, July 1 $429 December 31 $200."
Now take a look at the AAPL chart in January. After earnings AAPL peaked at $327.85. On 1/31, after the 1st hour of trading, when the big boys make moves, it was at $315.63. Closed 1/31 at $309.51. Ya think I pulled this one out of my ass too?
Yes you can time it. Flows, motherfucker, flows. Money flow moves everything. And these days, we have a whole lot of RETARDED FLOW. Can't even call it dumb flow, because it literally doesn't think. Stuff like:

  • ETF flows. If MSFT goes up and AAPL goes down, part of that flow is going to move from AAPL to MSFT. Even if MSFT flash-crashes up to $1000, the ETF will still "buy". Because it's passive.
  • Option settlement flows. Once options expire, money is going to flow from one side to another, and that my friends is accurately predictable from the data.
  • Index rebalancing flows
  • Buyback flows
  • 401k passive flows
  • Carry trade flows
  • Tax day flows
  • Flows of people front-running the flows

And many many others. Spot the flow, and you get an edge. How could I predict where AAPL would be after earnings within 50 cents and then reverse down to $316 2 days later? FLOWS MOTHERFUCKER FLOWS. The market was so quiet in that period, that is was possible to precisely figure out where it ended up. Why the dump after? Well, AAPL earnings (The 8-K) come out on a Wednesday. The next morning, after market opens the 10-Q comes out. And that 10-Q contains a very important nugget of information: the latest number of outstanding shares. But AAPL buybacks are regular as fuck. You can predict the outstanding shares before the market gets the 10-Q. And that gives you EDGE. Which leads to

MYTH 3 - BUYBACKS DON'T MATTER

Are you one of those mouthbreathers that parrots the phrase "buybacks are just a tax-efficient way to return capital to shareholders"? Well sit the fuck down, I have news for you. First bit of news, you're dumb as shit. Second bit:

On 1/28, AAPL's market cap is closing_price x free_float_outstanding_shares. But that's not the REAL MARKET CAP. Because the number of outstanding shares is OLD AS FUCK. When the latest number comes out, the market cap changes instantly. And ETFs start moving, and hedges start being changed, and so on.

"But ETFs won't change the number of shares they hold, they will still hold the same % of AAPL in the index" - random_wsb_autist

Oh my fucking god you're dumb as fuck. FLOWS change. And the next day, when TQQQ comes by and puts its massive $18b dong on the table, the market will hedge that differently. And THAT CAN BE PREDICTED. That's why AAPL was exactly at $316 1 hour after the market opened on 1/31.

So, what can you use to spot moves? Let me show you:
Market topped on 2/19. Here’s SPY. I even marked interesting dates for you with vertical lines.

https://preview.redd.it/7agm171eh5151.png?width=3713&format=png&auto=webp&s=d94b90dcd634c8dc688925585bf0a02c3299f71b
Nobody could have seen it coming, right? WRONG AGAIN. Here:

https://preview.redd.it/i1kdp3cgh5151.png?width=3713&format=png&auto=webp&s=7a1e086e9217846547efd3b6c5249f4a7ebe6d9e
In fact, JPYUSD gave you two whole days to see it. Those are NOT normal JPYUSD moves. But hey maybe it’s just a fluke? Wrong again.

https://preview.redd.it/fsyhenckh5151.png?width=3693&format=png&auto=webp&s=03200e10b008257ae15d40b474c4cf4d8c23670f
Forex showed you that all over the place. Why? FLOWS MOTHERFUCKER FLOWS. When everything moves like that, it means the market needs CASH. It doesn’t matter why, but remember people pulling cash out of ATMs all over the world? Companies drawing massive revolvers? Just understand what this flow means.
The reversal:
https://preview.redd.it/4xe97l0oh5151.png?width=1336&format=png&auto=webp&s=07aaa93f6b1d8f542101e40e431edccbc109918f
https://preview.redd.it/v6i0pdmoh5151.png?width=1338&format=png&auto=webp&s=74d5589961db2f978d4d582e6d7c58a85f6305f9
But it wasn’t just forex. Gold showed it to you as well. Bonds showed it to you as well.
https://preview.redd.it/40j53u8th5151.png?width=3711&format=png&auto=webp&s=fe39ab51321d0f98149d33e33253e69f96c48e23
Even god damn buttcoin showed it to you.
https://preview.redd.it/43lvafhvh5151.png?width=3705&format=png&auto=webp&s=1ef53283cbc0fb97f71c1ba935c0bd747809636e
And they all did it for 2 days before the move hit equities.

Chapter V. LIQUIDITY NUKE INBOUND
You see all these bankruptcies that happened so far, and all the ones that are going to follow? Do you think that’s just dogshit companies and it won’t have major effects on anything outside them? WRONG.
Because there’s a lot of leveraged instruments on top of those equities. When the stock goes to 0, all those outstanding puts across all expirations get instantly paid.
Understand that Feb-March was a liquidity MOAB. But this will end with a liquidity nuke.
Here’s just HTZ for example: $239,763,550 in outstanding puts. Just on a single dogshit small-cap company (this thing was like $400m mkt. cap last week).
And that’s just the options on the equity. There’s also instruments on etfs that hold HTZ, on the bonds, on the ETFs that hold their bonds, swaps, warrants, whatever. It’s a massive pile of leverage.
Then there’s also the ripple effects. Were you holding a lot of HTZ in your brokerage margin account? Well guess what big boi, when that gaps to 0 you get a margin call, and then you become a liquidity drain. Holding long calls? 0. Bonds 0. DOG SHIT!
And the market instantly goes from holding $x in assets (HTZ equity / bonds / calls) to holding many multiples of x in LIABILITIES (puts gone wrong, margin loans, derivatives books, revolvers, all that crap). And it doesn’t matter if the Fed buys crap like HTZ bonds. You short them some. Because when it hits 0, it’s no longer about supply and demand. You get paid full price, straight from Jerome’s printer. Is the Fed going to buy every blown up derivative too? Because that's what they'd have to do.
Think of liquidity as a car. The faster it goes, the harder it becomes to go even faster. At some point, you can only go faster by driving off a cliff. THE SQUEEZE. But you stop instantly when you hit the ground eventually. And that’s what shit’s doing all over the place right now.
Rewatch: https://www.youtube.com/watch?v=3hG4X5iTK8M
And just like that fucker, “I’m standing in front of a burning house, and I’m offering you fire insurance on it.”

Don’t baghold!
Now is not the time to baghold junk. Take your cash. Not the time to buy cheap crap. You don’t buy Hertz. You don’t buy USO. You don’t buy airlines, or cruises, or GE, or motherfucking Disney. And if you have it, dump that shit.
And the other dogshit that’s at ATH, congrats you’re in the green. Now you take your profits and fucking dump that shit. I’m talking shit like garbage SaaS, app shit, AI shit, etc. Garbage like MDB, OKTA, SNAP, TWLO, ZM, CHGG etc.
And you dump those garbage ass leveraged ETFs. SQQQ, TQQQ, whatever, they’re all dogshit now.
The leverage MUST unwind. And once that’s done, some of you will no longer be among us if you don’t listen. A lot of leveraged ETFs will be gone. Even some non-leveraged ETFs will be gone. Some brokers will be gone, some market makers will be gone, hell maybe even some big bank has to go under. I can’t know which ones will go poof, but I can guarantee you that some will. Another reason to diversify your shit. There’s a reason papa Warrant Buffet dumped his bags, don’t think you’re smarter than him. He may be senile, but he’s still a snake.
And once the unwind is done, THEN you buy whatever cheap dogshit’s still standing.
Got it? Good.
You feel ready to play yet? Alright, so you catch a move. Or I post a move and you wanna play it. You put on a small position. When it’s going your way, YOU POUND DAT SHIT. Still going? Well RUSH B CYKA BLYAT AND PLANT THE GOD DAMN 3/20 $30p BOMB.

Chapter VI - The mouthbreather-proof play - THE AKIMBO
Still a dumbass that can’t make a play? Still want to go long? Well then, I got a dumbass-proof trade for you. I present to you THE AKIMBO:

STEP 1. You play this full blast. You need some real Russian hardbass to get you in the right mood for trading, cyka.
STEP 2. Split your play money in 3. Remember to keep extra bankroll for POUNDING THAT SHIT.
STEP 3. Use 1/3 of your cash to buy SQQQ 9/18 $5p, pay $0.05. Not more than $0.10.
STEP 4. Use 1/3 of your cash to buy TQQQ 9/18 $20p, pay around $0.45. Alternatively, if you’re feeling adventurous, 7/17 $35p’s for around $0.5.
STEP 5. Use 1/3 of your cash to buy VIX PUT SPREADS 9/15 $21/$20 spread for around $0.15, no more than $0.25. That is, you BUY the 21p and SELL the 20p. Only using Robinhood and don’t have the VIX? What did I just tell you? Well fine, use UVXY then. Just make sure you don’t overpay.


Chapter VII - Quick hints for non-mouthbreathers
Quick tips, cuz apparently I'm out of space, there's a 40k character limit on reddit posts. Who knew?

  1. Proshares is dogshit. If you don't understand the point in my last post, do this: download https://accounts.profunds.com/etfdata/ByFund/SQQQ-historical_nav.csv and https://accounts.profunds.com/etfdata/ByFund/SQQQ-psdlyhld.csv. Easier to see than with TQQQ. AUM: 1,174,940,072. Add up the value of all the t-bills = 1,686,478,417.49 and "Net other assets / cash". It should equal the AUM, but you get 2,861,340,576. Why? Because that line should read: NET CASH = -$511,538,344.85
  2. Major index rebalancing June 22.
  3. Watch the violent forex moves.
  4. 6/25 will be red. Don't ask, play a spread, bag a 2x-er.
  5. 6/19 will be red.
  6. Not settled yet, but a good chance 5/28 is red.
  7. Front run the rebalance. Front-run the front-runners of the rebalance too. TQQQ puts.
  8. Major retard flow in financials yesterday. Downward pressure now. GS 180 next weeks looks good.
  9. Buy leaps puts on dogshit bond ETFs (check holdings for dogshit)
  10. Buy TLT 1/15/2021 $85ps for cheap, sell over $1 when the Fed stops the ass rape, rinse and repeat
  11. TQQQ flow looks good:
https://preview.redd.it/untvykuxea151.jpg?width=750&format=pjpg&auto=webp&s=a0a38c0acb088ebff689d043e48466eb76d38e2f

Good luck. Dr. Retard TQQQ Burry out.
submitted by dlkdev to wallstreetbets [link] [comments]

Another noob gone broke

So I started trading forex about a month ago using a signals provider despite all the 80% of people lose money I thought I was different. I had a great start, my $600 account was up to 1200, I of course had no risk management or anything of that sort and so within a few days I was down to 100 after thinking I could trade on my own. When my signals provider gave a signal to sell gold some time a few weeks ago I went all in and closed the trades with around $1000. I then proceeded to buy gold a cut that profit down to around a balance of $500. It was around this time I realised I should probably learn about what I’m doing before I lose the rest of my account. Fast forward to last week my account was at $0 due to my own bad trades but also a severe downswing on the signal providers side, who in my head could do no wrong after the initial profits. Then after a lot of research I set up an EA which over time seemed to have good profit and I completed with backtests for 2 months with great results. Confident I knew everything I put another $1000 in( as a student this is a lot to me) and let it off. I was trading the 4 pairs GBPUSD EURUSD AUDUSD and NZDUSD and the bot was on sell only mode. I activated it yesterday morning and closed the day with around $5 profit and $40 dd which all seemed swell to me. Fast forward to 40 minutes ago I woke up and I was down $700, after closing the trades for some unknown sleepy reason I decided to buy XAUUSD costing me another $160 despite being up on it at one point it came down and hit my stop loss. To make a long story short I’ve lost all but $140 of a $1600 investment because I think I know it all don’t use risk management or listen to the experts. I got what was coming to me, forex is not a get rich quick scheme and I know that now , pitty it’s a month and $1450 later when I could have just listened to every sensible person on the Internet
submitted by Roryrep to Forex [link] [comments]

Theta gang ain't shit.

Now's a good time for to get a lesson in the greeks you fucking retards. This document outlines the relative risks and rewards of certain trading strategies and how to manage risks along with some basic math and econ. This should be basic for most of you.
Why do stocks go up?
Because capital growth has a diminishing returns to scale. In the long run capital is used to create more capital generating growth until it balances with capital depreciation which is linear. You can increase the equilibrium capital accumulation by increasing savings rates essentially trading off short run consumption for long run consumption. The implications of this are that less capital intensive economies grow at faster rates than developed because developed economies are very close to hitting the equilibrium point and have to rely on technological advancements for long run growth. Not every economy is equal though, all have differences in economic institutions, government effectiveness and political norms which will also affect their long run effectiveness. Long story short if the government engages in ineffective policies like protectionism, price manipulation, overly burdensome regulations, underregulation, or inefficient redistribution programs the short run micro/macro picture will be hurt and reflected in the long run picture. The US has had a thriving stock market despite having relatively low growth because it has taken the first mover advantage in many industries. Global Tech, higher education, finance, and pharma are all centered in the US because the US policies have made doing business in the US the optimal choice for these industries. For as long as the US is a capitalist nation you can be sure that the stock market will go up in the long run. This is not necessarily the case for commodities or forex as higher growth has typically led to investments in productive efficiency outweighing increased demand in raw materials and exchange rates do not have a long run trend. Fundamentally, the stock market is a good place to invest savings into in the long run.
Stocks and exponential returns.
Stocks go up so you want to capture the value of price increases. Stocks have a delta of one and a gamma of zero resulting in a linear return to movement of the stock price. Long run capital accumulation, although diminishing, is still exponential and in the long run will return an exponentially increasing return to investment on stock. Linear gains * exponential increase in underlying = exponential gains. But what if things go down? In the short run stocks decrease in value at exponential rates which is absolutely fantastic for investors because exponential declines are diminishing in scale. 10% of 100 is 10, 10% of 90 is 9, 10% of 81 is less and so on and so forth. You may get linear returns from movement but you receive increasing returns to scale gains on the upside and decreasing returns to scale losses on the downside.
Delta and Gamma
Long options have even better fundamentals than stocks because they amplify the exponentiality through gamma. As an option moves into the money its delta increases creating exponential gains in value. As an option moves out of the money delta decreases, lowering losses. Thus options while having more risk per dollar than stocks have far superior risk returns in the short run.
Theta and Vega
The opposite is true of selling a call and you're put into the position of wanting to sell when times are most dire and hold when times are good. In exchange you get benefit from theta decay but if you can reasonably predict the movement of the market that's pretty much nothing compared to the gains from delta you could get investing the same amount of money into long calls. Selling also requires way more money further reducing its risk to return. But what about vega? When markets crash, volatility skyrockets. Long calls gain and the opposite is true once again for selling them.
Mathematically, buying longs has the best return on risk of any option strategy but higher absolute losses when delta doesn't move in your favor. Selling longs or spreads has a way worse return to risk but you'll lose less money when delta moves against you and it's harder for any one position to lose all of its value.
Theta gang isn't more profitable than bullgang, it's less risky per dollar spent. The reason market makers don't play like WSB retards is because they play on margin and the 20-30% losses we typically take and make back buying longs would cause their investors to flee bankrupting them.
Strategy implications
Longs
Selling naked longs
Credit spreads
Debit spreads
Edit: For what to do with your cash position, you could put it into gold, bonds, bond etfs, non spy correlated stocks or whatever. Low risk theta gang strats are fine in bull markets but don't expect to make real money from them. I'm cash since volatility is high, u do u.
submitted by XXX_KimJongUn_XXX to wallstreetbets [link] [comments]

Any suggestions please

Hello everyone good day and sorry to bother you, I have been trading Forex for about a year now and I still cannot be profitable. I have tried a lot of different strategies and nothing have worked for me. I only trade small accounts and I have blown them countless number of time. (Today I blew another account, which I had for only 2 weeks). Only once I was able to earn some money and I have withdrawn, it was a trade on gold. I had about $15 in my account and decided to sell gold ( I pretty much put all my money on it, since I was tired of losing) luckily I won about $87, but I held the trade for 1 and a half week I think. Then I paused trading for about 3 weeks and read a book in the mean time and watched a lot of videos about trading. Now I have mixed every strategy that I have learned I don't really know what strategy I should use, but I want to continue trading. A lot of times, when I blew my account, I switched back to a demo account, which I came out profitable for a whole week, but when I switched back to real account, I consistently blow the account. Do you have any suggestion for me please? (I have just finished High School). Thank you soo much for reading it and excuse me for taking your time to read my problem. Have a nice day!
submitted by Round_Wonder to Forex [link] [comments]

How do you set up a mirror account?

A coworker mentioned setting up a mirror account connected to a friend of his. He showed me his weekly gains today. With only $1000 deposit and 400$ credit he made 1500 in profit from selling gold.
He tried explaining how he set up his account to mirror his friends but I just don’t get it. What are the exact steps?
Can I just make an account on “Meta trader 4” and there will be an option to link my account to some other person who is a “professional” day trader or something?
I know very little about investing and even less about forex and day trading and need some help.
submitted by AshesToEarth to Forex [link] [comments]

Suggestion: FOREX - Eliminating Botters & RWTers by making them redundant

INTRO: Read it before you downvote please. - No troll, just a fix for botters and rwters.
Jagex shouldn't keep fighting against botters and RWTers with just technology. Instead they should aim to make them redundant.
"Remember how many scams used to happen before they had two trading windows, the value being shown and the exclamation red mark shown when there is a change? Well they fixed it by making scamming so difficult it became not worth it."
"Remember when Multi-logging was against the rules? Well not only they got rid of it, but everyone seems to be using alts nowadays to make their gameplay more enjoyable"
"Remember the private servers? They tried to force them to close individually. Well they kept popping up until Jagex created the 2007scape, now known as OldSchool Runescape and with the various game modes, basically killed the Private servers naturally."
It's time for Botting and RWTing.
__________________________________
We all know that botting occurs mostly for gold farming, rather than leveling for personal use. The reason being is that there are a lot of users who want to purchase in game cash or swap gp for a specific game mode. While there are the botters who sell to third party companies in order to make real money.
Currently there is a way already implemented in which you can purchase bonds with real money and sell them on the Grand Exchange for in game cash for that specific game mode.
Currently one account can also be used to play on OSRS, DMM & DMMTs. Each of these game modes also has a grand exchange implemented.
I'm not saying we can get rid of gold farmers, but if more and more people decide to swap currencies between all game modes ( OSRS, DMM & DMMTs. ) we can potentially reduce their influence on the game as less people will look for alternatives online.
SUGGESTION: FOREX
For those of you that don't know, Forex is the word used for foreign exchange, used in currencies globally, where you exchange your current currency into another one, usually done for traveling purposes and sometimes for potential profits.
Implementation: In the Grand Exchange
Upon clicking in the Grand exchange, there will be a new button called 'Currency Exchange'
An interface similar to the GE pops up with a total of 4 Different offers that can be made at a time. There will be one button called 'EXCHANGE', instead of 'BUY' or 'SELL'.
What can be exchanged: Platinum tokens only and possibility of real money to members, upon a verification process and restrictions in place.
How will it work: Let's explain this in an example
A new Seasonal Deadman Tournament is about to start. I have 100Mil in my OSRS account. I go on an OSRS server, go to the currency exchange and click exchange. I put 50k platinum tokens in the exchange and choose DMMT currency with the same mechanics of normal GE items (Market price, +5%, -5% or custom price).
Someone on DMMT wants to exchange his money for OSRS gp at the price I put of 50m OSRS for 500k DMMT. The offer was completed. The offer on the OSRS Server gets automatically done. Upon logging in the DMMT server (with the same account) you will have the 500k waiting for you in the Currency Exchange.
A new seasonal DMMT just started, however this time I do not have 50m to exchange, however I am willing to use my real money to do so. Currently, although against Jagex rules, I can go on a website offering this and buy a certain amount of money.
With this system I can 'deposit' real money on my account and put an exchange offer to purchase the same amount from a person who is willing to sell it for IRL cash.
When the exchange is done, my account will find the new platinum tokens in my DMMT Currency Exchange and the player who sold it will be credited with the real money on his account.
Tax System:
Just like real banks take a commission per currency exchange, Jagex should also take a percentage cut which would be similar to the dual arena tax system, from both players/sides of the exchange.
  1. Because of the Tax system in place, when before the exchange there was 100m in OSRS and 500k in DMMT, now there will be a tax on 50m osrs, and tax on 500k dmmt, meaning there will be less money in circulation.
  1. The only way for real money exchanges to take place, is to have both accounts in the trade paying for members (using bonds or buying membership normally)
  2. The commissions RWT companies makes becomes profits of Jagex as Jagex takes a bigger percentage from real money than it would for in game cash to in game cash.
Restrictions
I would suggest that there should be a certain amount of hours played, quests completed and total levels achieved to be able to do this, thus eliminating botters from instantly selling. Similar to current restrictions for new accounts.
Verification
If you wish to partake in real money exchange, there should be a verification process in place, just like they do when you create online bank accounts with photos, ID cards, Passports and what not.
What to do with Real Money credits?
The credits accumulated and/or deposited in your account can be used for purchasing bonds and/or membership. They can also be withdrawn to a bank account as real money.
Won't this increase the number of botters?
No, on the contrary. I believe it will drastically decrease the number of botters, at least the large scale gold farmers. Here's why:
  1. Since there is a real life verification process, jagex can easily monitor all the transactions taking place, and any suspicions of botting can be greatly monitored, unlike right now where there are millions of trades everyday and no way to figure out who rwted or not.
  2. Since jagex itself will be offering the currency exchange platform, less players will use third party websites, forcing them to close and so botters will be forced to sell on Jagex's platform, which then can be easily monitored as suggested in point 1 above.
TLDR / Conclusion :
To conclude, I believe my suggestion of building an in game currency exchange will help the economies of all OSRS game modes as well as Jagex profits and reputation as leading games by example.
  1. Inflation is fought directly with a tax system in place on each exchange made.
  2. It will reduce drastically the botters with the new verification process taking place for anyone wishing to sell his money.
  3. RWT websites will be forced to close naturally as less and less players will buy from them since there will be an in game platform. The commissions and profits they were making, will become Jagex's and so will be way more profitable - meaning better for them, and more and faster updates for us players.
  4. Since players will be able to make real money, the user retention will just increase more than ever.
  5. Current and/or New game modes will be more enjoyable as rebuilding will be easier than ever and therefore more people participate in esports events.
  6. With the rise of esports, twitch streams and youtube vids, every gamer wants to make real money playing a game they enjoy. Being the first mover in business is what helps games explode with users.
  7. Since there will be less bots, then most dead content will become alive again to make up for the lack of supply by bots and giving a healthy profit for anyone willing to take the time to level up certain skills or killing certain NPCs. This is what happened to oak logs in f2p in the last two months.
Lastly, this gives a chance for Venezuelans to survive without the need for 3rd party companies/software.
Think about their family :P
submitted by s_q_p_r to 2007scape [link] [comments]

Forex Overview

Each day, millions of trades are made in a currency exchange market called Forex. The word "Forex" directly stems off of the beginning of two words - "foreign" and "exchange". Unlike other trading systems such as the stock market, Forex does not involve the trading of any goods, physical or representative. Instead, Forex operates through buying, selling, and trading between the currencies of various economies from around the world. Because the Forex market is truly a global trading system, trades are made 24 hours a day, five days a week. In addition, Forex is not bound by any one control agency, which means that Forex is the only true free market economic trading system available today. By leaving the exchange rates out of any one group's hands, it is much more difficult to even attempt to manipulate or corner the currency market. With all of the advantages associated with the Forex system, and the global range of participation, the Forex market is the largest market in the entire world. Anywhere between 1 trillion and 1.5 trillion equivalent United States dollars are traded on the Forex market each and every day.
Forex operates mainly on the concept of "free-floating" currencies; this can be explained best as currencies that are not backed by specific materials such as gold or silver. Prior to 1971, a market such as Forex would not work because of the international "Bretton Woods" agreement. This agreement stipulated that all involved economies would strive to hold the value of their currencies close to the value of the US dollar, which in turn was held to the value of gold. In 1971, the Bretton Woods agreement was abandoned. The United States had run a huge deficit during the Vietnam Conflict, and began printing out more paper currency than they could back with gold, resulting in a relatively high level of inflation. By 1976, every major currency worldwide had left the system established under the Bretton Woods agreement, and had changed into a free-floating system of currency. This free-floating system meant that each country's currency could have vastly different values that fluctuated based on how the country's economy was faring at that time.
Because each currency fluctuates independently, it is possible to make a profit from the changes in currency value. For example, 1 Euro used to be worth about 0.86 US dollars. Shortly thereafter, 1 Euro was worth about 1.08 US dollars. Those who bought Euros at 86 cents and sold them at 1.08 US dollars were able to make 22 cents profit off of each Euro - this could equate to hundreds of millions in profits for those who were deeply rooted in the Euro. Everything in the Forex market is hanging on the exchange rate of various currencies. Sadly, very few people realize that the exchange rates they see on the news and read about in the newspapers each day could possibly be able to work towards profits on their behalf, even if they were just to make a small investment. The Euro and the US dollar are probably the two most well-known currencies that are used in the Forex market, and therefore they are two of the most widely traded in the Forex market. In addition to the two "kings of currency", there are a few other currencies that have fairly strong reputation for Forex trading. The Australian Dollar, the Japanese Yen, the Canadian Dollar, and the New Zealand Dollar are all staple currencies used by established Forex traders. However, it is important to note that on most Forex services, you won't see the full name of a currency written out. Each currency has it's own symbol, just as companies involved in the stock market have their own symbol based off of the name of their company. Some of the important currency symbols to know are:
USD - United States Dollar
EUR - The Euro
CAD - The Canadian Dollar
AUD - The Australian Dollar
JPY - The Japanese Yen
NZD - The New Zealand Dollar
Although the symbols may be confusing at first, you'll get used to them after a while. Remember that each currency's symbol is logically formed from the name of the currency, usually in some form of acronym. With a little practice, you'll be able to determine most currency codes without even having to look them up.
Some of the richest people in the world have Forex as a large part of their investment portfolio. Warren Buffet, the world's richest man, has over $20 Billion invested in various currencies on the Forex market. His revenue portfolio usually includes well over one-hundred million dollars in profit from Forex trades each quartile. George Soros is another big name in the field of currency trading - it is believed that he made over $1 billion in profit from a single day of trading in 1992! Although those types of trades are very rare, he was still able to amass over $7 Billion from three decades of trading on the Forex market. The strategy of George Soros also goes to show that you don't have to be too risky to make profits on Forex - his conservative strategy involves withdrawing large portions of his profits from the market, even when the trend of his various investments seems to still be correlating upward.
Thankfully, you don't have to invest millions of dollars to make a profit on Forex. Many people have recorded their success with initial investments of anywhere from $10,000 to as little as $100 for an initial investment. This wide range of economic requirements makes Forex an attractive venue for trading among all classes, from those well entrenched in the lower rungs of the middle class, all the way up to the richest people alive on the planet. For those on the lower end of the spectrum, access to the Forex market is a fairly recent innovation. Within the past decades, various companies began offering a system that is friendlier to the average person, allowing the smaller initial investments and greater flexibility that is seen in the market today. Now, no matter what economic position you are in, you can get started. Although it's possible to jump right in and start investing, it's best that you make sure you have a better understanding of the ins and outs of Forex trading before you get started.
The world of Forex is one that can be both profitable and exciting, but in order to make Forex work for you it is important that you know how the system works. Like most lucrative activities, to become a Forex pro you need a lot of practice. There are many websites that offer exactly this, the simulated practice of Foreign Exchange.
The services provided by online practice sites differ from site to site, so it is always a good idea to make sure you know all of the details of the site you are about to use. For example, there are several online brokers who will offer a practice account for a period of several weeks, then terminate it and start you on a live account, which means you may end up using your own money before you are ready to. It's always a good idea to find a site that offers an unlimited practice account. Having a practice account allows you to learn the ways of the trade with no risk at all. Continuing to use the practice account while you use a live account is also a beneficial tool for even the most seasoned Forex traders. The use of a no risk practice account enables you to try out new trading strategies and tread into unknown waters. If the strategy works, you know that you can now implement that strategy into your real account. If the strategy fails, you know to refrain from the use of that strategy without the loss of any actual money.
Of course, simply using a no risk account won't get you anywhere. In order to make money with Forex, you need to put your own money in. Obviously, it would be ridiculous to travel to other countries to purchase and sell different currencies, so there are many websites that you can use to digitally trade your money. Almost all online brokerage systems have different features to offer you so you have to do the research to find out which site you wish to create an account with. All brokers will require specific information of you to create your account. The information they will need from you includes information required to communicate with you, including your name, mailing address, telephone number, e-mail address. They also require information needed to identify who you are, including your Social Security number, Passport number or Tax Identification number. It is required by law that they have this information, so they can prevent fraudulent trading. They may also collect various personal information when you open an account, including gender, birth date, occupation, and employment status.
Now that you have practiced trading currency and set up your live account, it is time to truly enter this profitable yet risky world. To make money with Forex, you do need to have money to begin with. It is possible to trade with very small amounts of money, but this will also lead to very small profits. As is with many other exchange systems, high payouts will only come with high risks. You can't expect to start getting millions as soon as you put money in to the market, but you can't expect to make any money at all if you don't put in at least a 3-digit value.
As most Forex brokers will warn you, you can loose money in the foreign exchange market, so don't put your life savings into any one trade. Always trade with money that you'd be able to survive without. This will ensure that if you get a bad trade and loose a lot of money, you wont end up on the streets, and you'll be able to make a comeback in the future.
So how does trading currency work? Logically, trades always come in pairs. For example, a common trade would be the United States Dollar to the Japanese Yen. This is expressed as USD/JPY. The way to quote a trade is kind of tricky, but with practice it becomes as natural as reading your native language. In a Forex quote, the first currency in the list (IE: USD in USD/JPY) is the base currency, and in the quote the base is always one. This means if (hypothetically of course) One USD was worth Two JPY, that the quote would be expressed as 1/2.
When trading in Forex, we use pips. Pip is an acronym for "percentage in point". A pip a certain decimal place in a number compared to the same decimal place in another number. Using pips, we track the gains and losses of a currencies value compared to another's. Let's take a look at an example. Say a value is written as 1.0001/1.0004. This would indicate a 3-pip spread, because of the 3 number difference in the fourth decimal place. Almost all currency pairs go to the fourth decimal place. The only currency pair that doesn't is that of the USD/JPY, and it goes to the second decimal place. For example, a USD/JPY quote with a 3-point spread would look like this: 1.01/1.04.
A very common aspect to the foreign exchange is leverage. Leverage trading, also known as trading on margin, is a way to amplify the amount of money you are making. When you use leverage trading, you borrow a certain amount of money from your broker and use that to make your transaction. This allows you to trade with more money then you are actually spending, meaning you can make higher profits than you would normally be able to make.
There are risks associated with leverage trading. If you increase the amount of money you are using, if a trade goes bad, then you'll loose more money than you'd usually loose. The risks are worth it though, because a big win on margin means a huge payout. As mentioned before, it is definitely a wise idea to try out leverage trading on your practice account before you use it excessively on your live account, so you can get a feel for the way it works.
Now that you're an expert on the way Forex trading works there are some things about foreign exchange that you should know. Forex is just like the stock market in that there are many benefits and risks, but if you are going to invest your time and personal money into this system, you should be fully aware of all of the factors that may change your decision to invest in the currency market.
Generally speaking, Forex is a difficult subject to opinionate on, because of the different factors that may alter the currency over the years. "Supply and demand" is a major issue affecting the Forex organization, because the world is in constant variable to change, one significant product being oil. Usually the currency of all the nations around the globe is described as a huge "melting pot", because of the fact that all of the interchanging controversy, political affairs, national disputes, and possibly war conflicts, all mixed together as a whole, altering the nature of Forex every second! Although problems such as supply and demand, and the whole "melting pot" issue, there are a numerous amount of pros to Forex; one being benefited profit from long term stock. Because of the positive aspects of Forex, the percentage of the use of electronic trading in the FX market (shortened from Foreign Exchange) increased by 7% from 2005 to 2008. Despite the controversial realm of Forex, it is still recognized today by many, and is still popular amongst many of the nations in the world.
Of all the organizations that recognize Forex, most of them practice fiscal policy, and monetary policy. Both policies are dependent on the nation's outlook on economics, and their standards set. The government's budget deficits, or surpluses against the country, is widely affected by the country's economic status of trade, and may critically inflict the nation's currency. Another factor for the nation's deficit spending is what the nation already has, in terms of necessities for the citizens, and the society. The more the country already has, prior to trade, the greater the budget for other demands from the people, such as technology, innovations in existing products, etc. Although a country may have an abundance in necessities, greed may hinder the nation's economic status, by changing government official's wants, to want "unnecessary" products, therefore ruining or "wasting" the country's money. This negative trend may lead to the country's doom, and hurt the Forex's reputation for positive change. There are some countries which hold more of a product (such as oil stated above), the Middle East dominating that sector in the circle of trade; Since the Middle East suffers much poverty, as a result of deficit spending, and lack of other resources, they demand for a higher price in oil, to maintain their economic status. This process is known as the "flights to quality", and is practiced by many countries, wanting to survive in the trading network that exists today. Interest rate, and leveraged financing, is due to the inflations that occur in many parts of the world from one point to another. Inflations wear down purchasing abilities, causing the currency to fall with it. In some cases, a country may observe the trends that it takes, and beforehand, take action to avoid any mishaps that had been experienced before. Sometimes, the country will buy more of a product, or sell more of a product, otherwise known as "overbought" or "oversold". This may aid in the country's future, or devastatingly hurt the country, because of lack of thought, as a result of fraud logic. "What started out as a market for professionals is now attracting traders from all over the world and of all experience levels" is part of a letter of the chairman of Forex, and it is completely true. There is even a 30-day trial for Forex online if anyone interested in Forex wants to learn more about the company. Although affected by leveraged financing, interest rate, and causing an increase or decrease in exchange rate risks, Forex can be a great way for quick profits and integrated economy for the country. In investing in stocks that are most likely to be successful for a long period of time, and researching these companies for more reference and background that you need to know, Forex can aid in these fields. In the Forex market of different levels of access, the inter-bank market composed of the largest investment bank firm, which contains "spreads", which are divided into bid, and ask prices. Large amounts of transactions, with large amounts traded, and requesting a small amount of difference is known as a better spread, which is preferred by many investors.
In comparison to the Stock Market, the Forex organization is just as stable, and safe, if the users on it are aware, and decently knowledgeable about the topic. The Stock Market Crash in 1929 was a result of lack of thinking, because of the extremely cheap shares, replacing the shares originally costing thousands of dollars. When the Stock Market crashed, and the New Deal was proposed by Franklin D. Roosevelt, leveraged finance was present, and utilized to stabilize the economy at the time. The United States was extremely wealthy and prosperous in the 20s (prior to the depression), and had not realized what could happen as a result of carelessness in spending. This is a result of deficit spending, and how it could damage a society, in less than a decade! When joining Forex, keep in mind that with the possible positive outcomes, and negative ones, there are obstacles that must be faced to become successful.
As a result of many catastrophic events, such as the Great Depression that occurred in the United States, people investing in the Forex organization keep in mind of the dangers, and rewards that may come upon them in a certain point in time. With more work and consideration outputted by a person, or organization in the Forex program will there be more signs of prosperity as a result. In relation to individuals such as Warren Buffet and George Soros, they have become successful through experience, and determination through many programs, and research, for security purposes. Reserving some of the most riches people in the world, to others that are just test driving it to discover its potential for them, Forex is a broad topic that experiences different people everyday. Forex may not help everyone that invests in it, but if enough outputted effort is amplified in attempts to better the economy, it is most definitely something that any person should experience first-hand.
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Where is Bitcoin Going and When?

Where is Bitcoin Going and When?

The Federal Reserve and the United States government are pumping extreme amounts of money into the economy, already totaling over $484 billion. They are doing so because it already had a goal to inflate the United States Dollar (USD) so that the market can continue to all-time highs. It has always had this goal. They do not care how much inflation goes up by now as we are going into a depression with the potential to totally crash the US economy forever. They believe the only way to save the market from going to zero or negative values is to inflate it so much that it cannot possibly crash that low. Even if the market does not dip that low, inflation serves the interest of powerful people.
The impending crash of the stock market has ramifications for Bitcoin, as, though there is no direct ongoing-correlation between the two, major movements in traditional markets will necessarily affect Bitcoin. According to the Blockchain Center’s Cryptocurrency Correlation Tool, Bitcoin is not correlated with the stock market. However, when major market movements occur, they send ripples throughout the financial ecosystem which necessary affect even ordinarily uncorrelated assets.
Therefore, Bitcoin will reach X price on X date after crashing to a price of X by X date.

Stock Market Crash

The Federal Reserve has caused some serious consternation with their release of ridiculous amounts of money in an attempt to buoy the economy. At face value, it does not seem to have any rationale or logic behind it other than keeping the economy afloat long enough for individuals to profit financially and politically. However, there is an underlying basis to what is going on which is important to understand in order to profit financially.
All markets are functionally price probing systems. They constantly undergo a price-discovery process. In a fiat system, money is an illusory and a fundamentally synthetic instrument with no intrinsic value – similar to Bitcoin. The primary difference between Bitcoin is the underlying technology which provides a slew of benefits that fiat does not. Fiat, however, has an advantage in being able to have the support of powerful nation-states which can use their might to insure the currency’s prosperity.
Traditional stock markets are composed of indices (pl. of index). Indices are non-trading market instruments which are essentially summaries of business values which comprise them. They are continuously recalculated throughout a trading day, and sometimes reflected through tradable instruments such as Exchange Traded Funds or Futures. Indices are weighted by market capitalizations of various businesses.
Price theory essentially states that when a market fails to take out a new low in a given range, it will have an objective to take out the high. When a market fails to take out a new high, it has an objective to make a new low. This is why price-time charts go up and down, as it does this on a second-by-second, minute-by-minute, day-by-day, and even century-by-century basis. Therefore, market indices will always return to some type of bull market as, once a true low is formed, the market will have a price objective to take out a new high outside of its’ given range – which is an all-time high. Instruments can only functionally fall to zero, whereas they can grow infinitely.
So, why inflate the economy so much?
Deflation is disastrous for central banks and markets as it raises the possibility of producing an overall price objective of zero or negative values. Therefore, under a fractional reserve system with a fiat currency managed by a central bank – the goal of the central bank is to depreciate the currency. The dollar is manipulated constantly with the intention of depreciating its’ value.
Central banks have a goal of continued inflated fiat values. They tend to ordinarily contain it at less than ten percent (10%) per annum in order for the psyche of the general populace to slowly adjust price increases. As such, the markets are divorced from any other logic. Economic policy is the maintenance of human egos, not catering to fundamental analysis. Gross Domestic Product (GDP) growth is well-known not to be a measure of actual growth or output. It is a measure of increase in dollars processed. Banks seek to produce raising numbers which make society feel like it is growing economically, making people optimistic. To do so, the currency is inflated, though inflation itself does not actually increase growth. When society is optimistic, it spends and engages in business – resulting in actual growth. It also encourages people to take on credit and debts, creating more fictional fiat.
Inflation is necessary for markets to continue to reach new heights, generating positive emotional responses from the populace, encouraging spending, encouraging debt intake, further inflating the currency, and increasing the sale of government bonds. The fiat system only survives by generating more imaginary money on a regular basis.
Bitcoin investors may profit from this by realizing that stock investors as a whole always stand to profit from the market so long as it is managed by a central bank and does not collapse entirely. If those elements are filled, it has an unending price objective to raise to new heights. It also allows us to realize that this response indicates that the higher-ups believe that the economy could crash in entirety, and it may be wise for investors to have multiple well-thought-out exit strategies.

Economic Analysis of Bitcoin

The reason why the Fed is so aggressively inflating the economy is due to fears that it will collapse forever or never rebound. As such, coupled with a global depression, a huge demand will appear for a reserve currency which is fundamentally different than the previous system. Bitcoin, though a currency or asset, is also a market. It also undergoes a constant price-probing process. Unlike traditional markets, Bitcoin has the exact opposite goal. Bitcoin seeks to appreciate in value and not depreciate. This has a quite different affect in that Bitcoin could potentially become worthless and have a price objective of zero.
Bitcoin was created in 2008 by a now famous mysterious figure known as Satoshi Nakamoto and its’ open source code was released in 2009. It was the first decentralized cryptocurrency to utilize a novel protocol known as the blockchain. Up to one megabyte of data may be sent with each transaction. It is decentralized, anonymous, transparent, easy to set-up, and provides myriad other benefits. Bitcoin is not backed up by anything other than its’ own technology.
Bitcoin is can never be expected to collapse as a framework, even were it to become worthless. The stock market has the potential to collapse in entirety, whereas, as long as the internet exists, Bitcoin will be a functional system with a self-authenticating framework. That capacity to persist regardless of the actual price of Bitcoin and the deflationary nature of Bitcoin means that it has something which fiat does not – inherent value.
Bitcoin is based on a distributed database known as the “blockchain.” Blockchains are essentially decentralized virtual ledger books, replete with pages known as “blocks.” Each page in a ledger is composed of paragraph entries, which are the actual transactions in the block.
Blockchains store information in the form of numerical transactions, which are just numbers. We can consider these numbers digital assets, such as Bitcoin. The data in a blockchain is immutable and recorded only by consensus-based algorithms. Bitcoin is cryptographic and all transactions are direct, without intermediary, peer-to-peer.
Bitcoin does not require trust in a central bank. It requires trust on the technology behind it, which is open-source and may be evaluated by anyone at any time. Furthermore, it is impossible to manipulate as doing so would require all of the nodes in the network to be hacked at once – unlike the stock market which is manipulated by the government and “Market Makers”. Bitcoin is also private in that, though the ledge is openly distributed, it is encrypted. Bitcoin’s blockchain has one of the greatest redundancy and information disaster recovery systems ever developed.
Bitcoin has a distributed governance model in that it is controlled by its’ users. There is no need to trust a payment processor or bank, or even to pay fees to such entities. There are also no third-party fees for transaction processing. As the ledge is immutable and transparent it is never possible to change it – the data on the blockchain is permanent. The system is not easily susceptible to attacks as it is widely distributed. Furthermore, as users of Bitcoin have their private keys assigned to their transactions, they are virtually impossible to fake. No lengthy verification, reconciliation, nor clearing process exists with Bitcoin.
Bitcoin is based on a proof-of-work algorithm. Every transaction on the network has an associated mathetical “puzzle”. Computers known as miners compete to solve the complex cryptographic hash algorithm that comprises that puzzle. The solution is proof that the miner engaged in sufficient work. The puzzle is known as a nonce, a number used only once. There is only one major nonce at a time and it issues 12.5 Bitcoin. Once it is solved, the fact that the nonce has been solved is made public.
A block is mined on average of once every ten minutes. However, the blockchain checks every 2,016,000 minutes (approximately four years) if 201,600 blocks were mined. If it was faster, it increases difficulty by half, thereby deflating Bitcoin. If it was slower, it decreases, thereby inflating Bitcoin. It will continue to do this until zero Bitcoin are issued, projected at the year 2140. On the twelfth of May, 2020, the blockchain will halve the amount of Bitcoin issued when each nonce is guessed. When Bitcoin was first created, fifty were issued per block as a reward to miners. 6.25 BTC will be issued from that point on once each nonce is solved.
Unlike fiat, Bitcoin is a deflationary currency. As BTC becomes scarcer, demand for it will increase, also raising the price. In this, BTC is similar to gold. It is predictable in its’ output, unlike the USD, as it is based on a programmed supply. We can predict BTC’s deflation and inflation almost exactly, if not exactly. Only 21 million BTC will ever be produced, unless the entire network concedes to change the protocol – which is highly unlikely.
Some of the drawbacks to BTC include congestion. At peak congestion, it may take an entire day to process a Bitcoin transaction as only three to five transactions may be processed per second. Receiving priority on a payment may cost up to the equivalent of twenty dollars ($20). Bitcoin mining consumes enough energy in one day to power a single-family home for an entire week.

Trading or Investing?

The fundamental divide in trading revolves around the question of market structure. Many feel that the market operates totally randomly and its’ behavior cannot be predicted. For the purposes of this article, we will assume that the market has a structure, but that that structure is not perfect. That market structure naturally generates chart patterns as the market records prices in time. In order to determine when the stock market will crash, causing a major decline in BTC price, we will analyze an instrument, an exchange traded fund, which represents an index, as opposed to a particular stock. The price patterns of the various stocks in an index are effectively smoothed out. In doing so, a more technical picture arises. Perhaps the most popular of these is the SPDR S&P Standard and Poor 500 Exchange Traded Fund ($SPY).
In trading, little to no concern is given about value of underlying asset. We are concerned primarily about liquidity and trading ranges, which are the amount of value fluctuating on a short-term basis, as measured by volatility-implied trading ranges. Fundamental analysis plays a role, however markets often do not react to real-world factors in a logical fashion. Therefore, fundamental analysis is more appropriate for long-term investing.
The fundamental derivatives of a chart are time (x-axis) and price (y-axis). The primary technical indicator is price, as everything else is lagging in the past. Price represents current asking price and incorrectly implementing positions based on price is one of the biggest trading errors.
Markets and currencies ordinarily have noise, their tendency to back-and-fill, which must be filtered out for true pattern recognition. That noise does have a utility, however, in allowing traders second chances to enter favorable positions at slightly less favorable entry points. When you have any market with enough liquidity for historical data to record a pattern, then a structure can be divined. The market probes prices as part of an ongoing price-discovery process. Market technicians must sometimes look outside of the technical realm and use visual inspection to ascertain the relevance of certain patterns, using a qualitative eye that recognizes the underlying quantitative nature
Markets and instruments rise slower than they correct, however they rise much more than they fall. In the same vein, instruments can only fall to having no worth, whereas they could theoretically grow infinitely and have continued to grow over time. Money in a fiat system is illusory. It is a fundamentally synthetic instrument which has no intrinsic value. Hence, the recent seemingly illogical fluctuations in the market.
According to trade theory, the unending purpose of a market or instrument is to create and break price ranges according to the laws of supply and demand. We must determine when to trade based on each market inflection point as defined in price and in time as opposed to abandoning the trend (as the contrarian trading in this sub often does). Time and Price symmetry must be used to be in accordance with the trend. When coupled with a favorable risk to reward ratio, the ability to stay in the market for most of the defined time period, and adherence to risk management rules; the trader has a solid methodology for achieving considerable gains.
We will engage in a longer term market-oriented analysis to avoid any time-focused pressure. The Bitcoin market is open twenty-four-hours a day, so trading may be done when the individual is ready, without any pressing need to be constantly alert. Let alone, we can safely project months in advance with relatively high accuracy. Bitcoin is an asset which an individual can both trade and invest, however this article will be focused on trading due to the wide volatility in BTC prices over the short-term.

Technical Indicator Analysis of Bitcoin

Technical indicators are often considered self-fulfilling prophecies due to mass-market psychology gravitating towards certain common numbers yielded from them. They are also often discounted when it comes to BTC. That means a trader must be especially aware of these numbers as they can prognosticate market movements. Often, they are meaningless in the larger picture of things.
  • Volume – derived from the market itself, it is mostly irrelevant. The major problem with volume for stocks is that the US market open causes tremendous volume surges eradicating any intrinsic volume analysis. This does not occur with BTC, as it is open twenty-four-seven. At major highs and lows, the market is typically anemic. Most traders are not active at terminal discretes (peaks and troughs) because of levels of fear. Volume allows us confidence in time and price symmetry market inflection points, if we observe low volume at a foretold range of values. We can rationalize that an absolute discrete is usually only discovered and anticipated by very few traders. As the general market realizes it, a herd mentality will push the market in the direction favorable to defending it. Volume is also useful for swing trading, as chances for swing’s validity increases if an increase in volume is seen on and after the swing’s activation. Volume is steadily decreasing. Lows and highs are reached when volume is lower.
Therefore, due to the relatively high volume on the 12th of March, we can safely determine that a low for BTC was not reached.
  • VIX – Volatility Index, this technical indicator indicates level of fear by the amount of options-based “insurance” in portfolios. A low VIX environment, less than 20 for the S&P index, indicates a stable market with a possible uptrend. A high VIX, over 20, indicates a possible downtrend. VIX is essentially useless for BTC as BTC-based options do not exist. It allows us to predict the market low for $SPY, which will have an indirect impact on BTC in the short term, likely leading to the yearly low. However, it is equally important to see how VIX is changing over time, if it is decreasing or increasing, as that indicates increasing or decreasing fear. Low volatility allows high leverage without risk or rest. Occasionally, markets do rise with high VIX.
As VIX is unusually high, in the forties, we can be confident that a downtrend for the S&P 500 is imminent.
  • RSI (Relative Strength Index): The most important technical indicator, useful for determining highs and lows when time symmetry is not availing itself. Sometimes analysis of RSI can conflict in different time frames, easiest way to use it is when it is at extremes – either under 30 or over 70. Extremes can be used for filtering highs or lows based on time-and-price window calculations. Highly instructive as to major corrective clues and indicative of continued directional movement. Must determine if longer-term RSI values find support at same values as before. It is currently at 73.56.
  • Secondly, RSI may be used as a high or low filter, to observe the level that short-term RSI reaches in counter-trend corrections. Repetitions based on market movements based on RSI determine how long a trade should be held onto. Once a short term RSI reaches an extreme and stay there, the other RSI’s should gradually reach the same extremes. Once all RSI’s are at extreme highs, a trend confirmation should occur and RSI’s should drop to their midpoint.

Trend Definition Analysis of Bitcoin

Trend definition is highly powerful, cannot be understated. Knowledge of trend logic is enough to be a profitable trader, yet defining a trend is an arduous process. Multiple trends coexist across multiple time frames and across multiple market sectors. Like time structure, it makes the underlying price of the instrument irrelevant. Trend definitions cannot determine the validity of newly formed discretes. Trend becomes apparent when trades based in counter-trend inflection points continue to fail.
Downtrends are defined as an instrument making lower lows and lower highs that are recurrent, additive, qualified swing setups. Downtrends for all instruments are similar, except forex. They are fast and complete much quicker than uptrends. An average downtrend is 18 months, something which we will return to. An uptrend inception occurs when an instrument reaches a point where it fails to make a new low, then that low will be tested. After that, the instrument will either have a deep range retracement or it may take out the low slightly, resulting in a double-bottom. A swing must eventually form.
A simple way to roughly determine trend is to attempt to draw a line from three tops going upwards (uptrend) or a line from three bottoms going downwards (downtrend). It is not possible to correctly draw a downtrend line on the BTC chart, but it is possible to correctly draw an uptrend – indicating that the overall trend is downwards. The only mitigating factor is the impending stock market crash.

Time Symmetry Analysis of Bitcoin

Time is the movement from the past through the present into the future. It is a measurement in quantified intervals. In many ways, our perception of it is a human construct. It is more powerful than price as time may be utilized for a trade regardless of the market inflection point’s price. Were it possible to perfectly understand time, price would be totally irrelevant due to the predictive certainty time affords. Time structure is easier to learn than price, but much more difficult to apply with any accuracy. It is the hardest aspect of trading to learn, but also the most rewarding.
Humans do not have the ability to recognize every time window, however the ability to define market inflection points in terms of time is the single most powerful trading edge. Regardless, price should not be abandoned for time alone. Time structure analysis It is inherently flawed, as such the markets have a fail-safe, which is Price Structure. Even though Time is much more powerful, Price Structure should never be completely ignored. Time is the qualifier for Price and vice versa. Time can fail by tricking traders into counter-trend trading.
Time is a predestined trade quantifier, a filter to slow trades down, as it allows a trader to specifically focus on specific time windows and rest at others. It allows for quantitative measurements to reach deterministic values and is the primary qualifier for trends. Time structure should be utilized before price structure, and it is the primary trade criterion which requires support from price. We can see price structure on a chart, as areas of mathematical support or resistance, but we cannot see time structure.
Time may be used to tell us an exact point in the future where the market will inflect, after Price Theory has been fulfilled. In the present, price objectives based on price theory added to possible future times for market inflection points give us the exact time of market inflection points and price.
Time Structure is repetitions of time or inherent cycles of time, occurring in a methodical way to provide time windows which may be utilized for inflection points. They are not easily recognized and not easily defined by a price chart as measuring and observing time is very exact. Time structure is not a science, yet it does require precise measurements. Nothing is certain or definite. The critical question must be if a particular approach to time structure is currently lucrative or not.
We will measure it in intervals of 180 bars. Our goal is to determine time windows, when the market will react and when we should pay the most attention. By using time repetitions, the fact that market inflection points occurred at some point in the past and should, therefore, reoccur at some point in the future, we should obtain confidence as to when SPY will reach a market inflection point. Time repetitions are essentially the market’s memory. However, simply measuring the time between two points then trying to extrapolate into the future does not work. Measuring time is not the same as defining time repetitions. We will evaluate past sessions for market inflection points, whether discretes, qualified swings, or intra-range. Then records the times that the market has made highs or lows in a comparable time period to the future one seeks to trade in.
What follows is a time Histogram – A grouping of times which appear close together, then segregated based on that closeness. Time is aligned into combined histogram of repetitions and cycles, however cycles are irrelevant on a daily basis. If trading on an hourly basis, do not use hours.
  • Yearly Lows (last seven years): 1/1/13, 4/10/14, 1/15/15, 1/17/16, 1/1/17, 12/15/18, 2/6/19
  • Monthly Mode: 1, 1, 1, 1, 2, 4, 12
  • Daily Mode: 1, 1, 6, 10, 15, 15, 17
  • Monthly Lows (for the last year): 3/12/20 (10:00pm), 2/28/20 (7:09am), 1/2/20 (8:09pm), 12/18/19 (8:00am), 11/25/19 (1:00am), 10/24/19 (2:59am), 9/30/19 (2:59am), 8/29,19 (4:00am), 7/17/19 (7:59am), 6/4/19 (5:59pm), 5/1/19 (12:00am), 4/1/19 (12:00am)
  • Daily Lows Mode for those Months: 1, 1, 2, 4, 12, 17, 18, 24, 25, 28, 29, 30
  • Hourly Lows Mode for those Months (Military time): 0100, 0200, 0200, 0400, 0700, 0700, 0800, 1200, 1200, 1700, 2000, 2200
  • Minute Lows Mode for those Months: 00, 00, 00, 00, 00, 00, 09, 09, 59, 59, 59, 59
  • Day of the Week Lows (last twenty-six weeks):
Weighted Times are repetitions which appears multiple times within the same list, observed and accentuated once divided into relevant sections of the histogram. They are important in the presently defined trading time period and are similar to a mathematical mode with respect to a series. Phased times are essentially periodical patterns in histograms, though they do not guarantee inflection points
Evaluating the yearly lows, we see that BTC tends to have its lows primarily at the beginning of every year, with a possibility of it being at the end of the year. Following the same methodology, we get the middle of the month as the likeliest day. However, evaluating the monthly lows for the past year, the beginning and end of the month are more likely for lows.
Therefore, we have two primary dates from our histogram.
1/1/21, 1/15/21, and 1/29/21
2:00am, 8:00am, 12:00pm, or 10:00pm
In fact, the high for this year was February the 14th, only thirty days off from our histogram calculations.
The 8.6-Year Armstrong-Princeton Global Economic Confidence model states that 2.15 year intervals occur between corrections, relevant highs and lows. 2.15 years from the all-time peak discrete is February 9, 2020 – a reasonably accurate depiction of the low for this year (which was on 3/12/20). (Taking only the Armstrong model into account, the next high should be Saturday, April 23, 2022). Therefore, the Armstrong model indicates that we have actually bottomed out for the year!
Bear markets cannot exist in perpetuity whereas bull markets can. Bear markets will eventually have price objectives of zero, whereas bull markets can increase to infinity. It can occur for individual market instruments, but not markets as a whole. Since bull markets are defined by low volatility, they also last longer. Once a bull market is indicated, the trader can remain in a long position until a new high is reached, then switch to shorts. The average bear market is eighteen months long, giving us a date of August 19th, 2021 for the end of this bear market – roughly speaking. They cannot be shorter than fifteen months for a central-bank controlled market, which does not apply to Bitcoin. (Otherwise, it would continue until Sunday, September 12, 2021.) However, we should expect Bitcoin to experience its’ exponential growth after the stock market re-enters a bull market.
Terry Laundy’s T-Theory implemented by measuring the time of an indicator from peak to trough, then using that to define a future time window. It is similar to an head-and-shoulders pattern in that it is the process of forming the right side from a synthetic technical indicator. If the indicator is making continued lows, then time is recalculated for defining the right side of the T. The date of the market inflection point may be a price or indicator inflection date, so it is not always exactly useful. It is better to make us aware of possible market inflection points, clustered with other data. It gives us an RSI low of May, 9th 2020.
The Bradley Cycle is coupled with volatility allows start dates for campaigns or put options as insurance in portfolios for stocks. However, it is also useful for predicting market moves instead of terminal dates for discretes. Using dates which correspond to discretes, we can see how those dates correspond with changes in VIX.
Therefore, our timeline looks like:
  • 2/14/20 – yearly high ($10372 USD)
  • 3/12/20 – yearly low thus far ($3858 USD)
  • 5/9/20 – T-Theory true yearly low (BTC between 4863 and 3569)
  • 5/26/20 – hashrate difficulty halvening
  • 11/14/20 – stock market low
  • 1/15/21 – yearly low for BTC, around $8528
  • 8/19/21 – end of stock bear market
  • 11/26/21 – eighteen months from halvening, average peak from halvenings (BTC begins rising from $3000 area to above $23,312)
  • 4/23/22 – all-time high
Taken from my blog: http://aliamin.info/2020/
submitted by aibnsamin1 to Bitcoin [link] [comments]

Trading View (Request)

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submitted by shinigamidoge to moddedandroidapps [link] [comments]

Feeling good lately. Wanted to share my personal checklist for what I do in leading up to a trade in case there might be someone who finds it helpful.

So, in short about me, Im in my mid 20s, and have been trading for about 5 years. The first 2 I did not take seriously at all, I was in college, working a lot and had a lot happening, long story short, I have given it my all the past 3 years and have done really well to the point Im starting to have close friends/family ask me to teach them or how to get started. Im not here to teach anyone or promote anything so please do not PM me asking for my strategy or for help on any of the things I mention. My only reply would be to use your friends google and youtube to do your own research into each checklist item, if I even responded at all.
Anyways, today id like to just try to give back to this sub a little bit. I see a good bit of negativity on here and have even found myself bickering with users on here which has led me to pay a lot less attention to this sub altogether. One thing I recently noticed is that we are at 80k members in here! I think I subscribed just 2-3 or so years ago and it was around 15k. So that tells me that up to ~80% of this sub probably has less than 3 years experience. So obviously a ton of people are all here debating/arguing/attacking/trolling ideas/topics or users that are likely still in the learning phase so this sub I feel like can often discourage or delay a new persons chances of success because everything about forex is subjective, Technicals, Fundamentals, RM/Psychology, all of it is subjective and when users clash it often ends up toxic and someone that is new may completely give up just because they ran into some asshole on here. I believe what I share could benefit this community and if it happens to do so I may post more breadowns on different topics.
For me personally, I enjoy daytrading. I've tried all types and find daytrading to be the best fit for me. I trade the London/NY crossover, for me that is 5-9:30am central time. Occasionally ill come in an hour early or stay an hour late. I trade 18 pairs, majors, crosses and gold, occasionally silver. No CHF and only few NZD. I know countless people who do just fine with CHF and NZD but from my results over time I do the least well with those. The RSI is mainly the only indicator I use, occasionally an EMA or Bollinger band. Also I have a sessions indicator I sometimes use that I had a friend make for me that outlines a box around my 5-9:30 time and range.
My list of factors in being a successful trader, in order are
  1. Consistently
  2. Psychology
  3. Risk Management
  4. Strategy
*Ill go ahead and state, directed to newbies, that strategy is important but is one of the lesser important factors in the sense of thinking long term, most new traders are out strictly searching for the golden strategy, which doesn't exist or it would be well known, even my best strategy is around 80% which I believe is awesome but without having 1-3 covered, any strategy is useless.
This is my checklist, in order, although some are kind of closely related. I could go on and on about every point but ill try to keep it short and let you use your friends google and youtube to go further into any point you are more interested in understanding better.
Before the trade/before I start trading this takes around 15 minutes for me to have all these in check, so I arrive at my desk around 4:30-4:45am to get all these in check
  1. Psychology- your mental state is the most important factor. You need to be in a clear state of mind and not have anything heavy weighing on you.
  2. News- Go ahead and be aware of upcoming news events, I use forexfactory.com and only takes me a minute or 2 to review the news and get a bias on what might happen or if any currency should be avoided due to high impact news.
  3. Risk Management- Never take a trade risking over 1-2% of your account is kind of known standard for decent risk management. I would mostly agree but I'm personally super conservative and trade 0.25-1% per trade. Also I aim for trades with at least a 1:2 Risk:Reward, never ever less than a 1:1. When trading most days, I already kinda have the pip value and expected risk lot size in my head before im even at my desk, just because its fresh on my mind. I use https://www.myfxbook.com/forex-calculators/position-size to calculate my risks if i'm unsure.
*The more data you can gather about the pairs you trade the more you can use RM to your advantage, For instance, I backtest ALL THE TIME, constantly trying to learn as much as I can about my pairs such as: How many trade setups did each pair produce each week, month year? What pair produced the most setups? What pairs provided the most wins, losses or breakevens? What time during my session did the trade setup form? How many trades went for 20 pips, 40 pips or 100 pips? (for swing traders or scalpers you may want to adjust these numbers) Did news affect my trades? What happened in the Asian session? Early London session?
Knowing this information allows me to organize my attention to the more profitable pairs for my strategy. I'm almost certain very very few people may have the same exact strategy I use but just as a tid bit out of my 18 the best ones for me in 2019, not necessarily in order, were GOLD, GBP/AUD, GBP/CAD, GBP/USD, GBP/JPY, EUAUD, EUCAD. These 7 have been my favorites and most reliable, so I will do 0.75-1% risk for these. Next preferred, in no particular order, are EUGBP, CAD/JPY, AUD/JPY, AUD/CAD, EUNZD, GBP/NZD, GOLD/EURO. For these 7 I use a 0.25-0.75% risk. The last 4 are EUUSD, USD/JPY, USD/CAD, EUJPY, which I use a 0.25% on typically. This doesn't mean the pairs suck or anything, again this was based off my strategy, could be completely different for you but I hope you can see how this improves your odds vs just slapping a 2% trade across all pairs. If you do some research you'll find my best ones were also some of the most volatile and had higher ADRs.
  1. Trend. Since I daytrade I don't pay as much attention to H4, D1, W1, M1 although I do establish a bias for these timeframes, and I typically don't check these everyday honestly, because Ill already know in my head where these are. So I check H1, M30, M15 for my daily bias, Trying to establish a good trendline on the H1, preferably a nice channel.
  2. What did Asian/Early London sessions do? My trades typically form bettemore often/more reliable when the Asian session is mostly flat or around a 20-50 pip range, more or less depending on the pair and ADR.
So these are before, this section is about being aware of news and establishing bias'. Also note other than news, your bias' may or may not be correct, this is simply just getting an idea before we jump into ouyour session. It takes me a short while and it worth doing, especially the psychology part, I probably spend half of the time just on number 1, not to watch some motivation video or get super pumped but more so just getting relaxed, putting worries aside if there are any, getting rid of distractions, maybe some light/short meditation. 4:30-5am is definitely a quiet time so its relatively easy to do. I might have a cup of coffee but no more than 1-2 to not get jitters or too much hype in me.
During my session/preparing for a trade. I wont go in to my specific strategy but I believe the checklist can work with many strategies.
  1. Wait for overbought/oversold on RSI, over 75 or below 25. I don't trade in the middle of the range, simple rule we all know buy low, sell high. I set an alert for when the RSI hits either 75 or 25 so I can start to pay attention to it. I simply wait for an RSI alert then bring that pair to my attention. THIS DOES NOT MEAN ENTER AS SOON AS RSI IS TOUCHED, It just tells me I may potentially have a setup form on that pair soon. The alert allows me to trade 18 pairs relatively easily because there's no way I could sit there and constantly be flipping through charts for hour on end. I have been (what I feel like is) more aggressive in the recent years trading this many pairs. I have a reliable strategy that I could easily cut the the latter 4-11 pairs I mentioned out and just get paid off my best 7 which I probably will in the future as i've gotten more involved in other businesses and opportunities. For now and recently it hurts worse than a loss to know there was a clean trade setup that I missed just because I didn't have it up on MT4. A loss I can study and identify why I was wrong or what went wrong, a missed clean pattern just sucks lol
  2. Pattern/Setup. There's a ton of candlestick/pattern formations that happen and people learn an example here where a user posts a lot of charts and examples of all kids of patterns. https://bitcointalk.org/index.php?topic=4846473.0 So again for new traders, This can be incredibly overwhelming to attempt to learn everything and every pattern. I trade 4 patterns total, 2 when buying , 2 when selling. My advice is find a pattern or 2 and stick to them for a decent amount of time before switching or trying others, I know plenty of traders that stick to 2 patterns, 1 buy, 1 sell and are set. I've studied many but have found my favorite 4. You have to pick a pattern and pay attention to it over time gathering all the info you can to understand if that pattern works well. Every single pattern you can find online has happened on every single pair before, often times over and over and over. Find a pattern/setup, study how much it moves, if news affects the pair, how many times that patterns forms, how it acts around trendlines, etc.
  3. Once I have identified a clean setup I begin to think risk/reward, SL/TP, entries/exits, having clear risk and targets in mind instead of jumping in and hoping it goes well. I pay attention to recent levels, Support/Resistances, Trendline touches and news to get an idea to where to place my SL/TP. I wouldn't recommend just using a flat amount for an example such as a 40 pip SL and a 80 pip TP across all pairs. A value of a pip changes across different pairs (An entire topic that should be learned but the calculator from myfxbook I stated takes care of the pip value for you.
  4. I check other pairs that have the same currencies involved from the pair I received an alert on to see if there are similar setups forming on those. Currencies have positive and negative correlations, meaning some pairs move together and some pairs move opposite. For instance typically EUUSD and GBP/USD move in the same direction and EUUSD and USD/CHF typically move in opposite directions. This is largely due to economic factors. Here's a link that gives a little more insight but this one doesn't list all of the correlations out there. https://www.markettraders.com/blog/understanding-currency-pairs-correlation/. So if I see or get alerted for a potential setup on EUUSD I can check GBP/USD to see if there is a setup there too.
  5. Enter after patten had been confirmed and is clean.
So these 5 are leading up to entering the market. Based on my backtesting, I typically get around 3-4 setups per day. Sometimes theres none, sometimes theres 10. I never ever force a trade on a slow day, I know that my pattern will happen eventually so I never take a setup I think is iffy or that im forcing. Also that is another reason I keep my risk low incase there are days where 10 trades happen that all look good.
So for my session I place my trades around 5-9:30am central time and I usually close them by noon cst when NY session has ended and prices start to go flat. Occasionally I might hold for a day or 2 if I took a good trade in line with the trend and other factors. So after the trades are placed I have just one thing left
  1. Psychology- I said this was the most important, it comes full circle for me and many other. Trading my session and my strategy means my trades could be open for 5 minutes or up to 7 hours. A good trader needs to be able to handle his emotions and trust the process. This means trusting in your setup and let it run while also knowing when to get out in case it show signs of going against you. A traders real job is to manage risk, not to make big trades or a ton of trades. The more selective you are after you've learned a pattern and having everything else in line, the better. There are 5 outcomes of every trade Big win, small win, breakeven, small loss, big loss. To become a successful trader you just need to eliminate the big losses. For me I look at a small win and a small loss basically as breakeven trades. This helps with my psychology because to me it all ends up evening out, just the cost of business. If you take a small loss or small win and let that affect your psychology going to the next trade youre hurting yourself. Sometimes I take a 5-10 pip profit instead of holding and then it going against me for a loss and sometimes I take a 5-10 pip profit and it could've been 100 pips in my favor. Oh well, I protected my account and I know more setups will come tomorrow or later this week.
That is my complete checklist for entering the market. 11 bullets to cover, 5 before you start your session, 5 leading up to entering and 1 during/closing the trade. I hope this will be beneficial to some and may try to post a little more if I see it is helpful. Thank you for still reading this far! Best wishes in your trading endeavors and 2020!
Edit: I forgot to mention for a beginner or any skill level I highly highly recommend getting a simulator. There’s several out there, I don’t want to break any rules by naming which one I use, but they basically all work the same, all close to $100 which if you understand the power of backtesting you realize how necessary it is to have and that cost is nothing. A simulator allows you to download the candlestick tick data for any pair, for as far back as the pair’s chart goes. So then you can pick a day in the past, any day, pick your timeframe, and press play and the chart will start playing out like it actually did on the day it happened. So you see every little tick up and down. You can control the speed and speed it up fast so you can cover a years worth of trading of a currency in just a few hours. This makes it really easy to get a ton of accurate data in a short time. Demo trading is cool but fully controlled simulated trading kicks ass. I can’t recommend it enough.
Edit 2: my apologies for showing my ass in the comments right after I spoke about the negativity in here. I posted this at local time 4 am right after I stayed up finishing my 2019 backtest results and then I noticed the 80k members and felt an inspiration to post something what I thought could be helpful. I spent over an hour on this post and the lack of sleep and 2 straight all-nighters allowed me to allow others to get under my skin after they come at me with some dumb shit. If you see a post from me just know I’ve put some thought into it and am attempting to bring value. Haters gone hate. If I see some are receiving value I’ll keep it up as long as I know it’s something valuable. Again I have nothing to sell or promote even though others assume I do just for posting this. I specifically said stay out of my inbox. Whatever I decide to teach it will be fo free. Thanks again for your time.
submitted by Nectarizedtrader to Forex [link] [comments]

Start Trading with small account // No minimum deposit etc.

Hi guys,
I'm a student from Europe and learning TA for a couple of months on the side. I am interested in opening an account to trade Forex (gold, silver, oil, etc. is fine also). I am just pretty overwhelmed by all the brokers and their demands. I am looking for an easy way to start trading with a small account and no 100k+ net worh needed (maybe 500eur first deposit) to dip my feet in the water. Can you guys recommend some brokers from the EU?
Thank you
submitted by knilchmitmilch to Forex [link] [comments]

Giving Audiobook Gifts from my large library! Pick one and I'll send it to your Audible Library :D

Hi everyone, I have a bunch of awesome audio-books and I learned that Audible lets you gift 1 book to every Audible account. I haven't done this before so everyone will be able to get a book!

Below is my list of books, I have the Sherlock collection which is over 60 hours, The Silent Patient, Bird Box, some great Sci-fi books and much much more!
Send me a message to bradkingbooks at g.mail with the book you'd like and the e.mail associated with your Audible Account that you'd like it sent to and I'll send it over asap!

I'm sure I'll get a lot of requests so I'll have to batch process these, don't panic if I don't get the book to you right away, I will :)

List of Audiobooks

The Things We Cannot Say
Kelly Rimmer

The Dark Bones
Loreth Anne White

A Killer's Mind: Zoe Bentley Mystery
Mike Omer

Paddle Your Own Canoe: One Man's Fundamentals for Delicious Living
Nick Offerman

Dad Is Fat
Jim Gaffigan

Sentiment Inc.: The Retro Sci-Fi Series, Book 2
Poul Anderson

Shadows of Tomorrow
Jessica Meats

Thinking Big: Think Differently, Grow Rich, Develop Better Personal Relationships, Move Up the Corporate Ladder, Sleep Better and Fight Mediocrity: Everything You Need to Become a Stable, Succesful Human: Superior Ultralearning Topics, Book One
Paxton Arbital

What to Expect When You’re Expecting
Heidi Murkoff

So, You Want to Talk About Government Contracting?: Everything You Need to Know in Order to Become a Government Contracting Master - 3 Guides in 1!
Brad W. King

Then She Was Gone: A Novel
Lisa Jewell

The Silent Patient
Alex Michaelides

Bird Box: A Novel
Josh Malerman

The Silver Horn Echoes: A Song of Roland
Michael Eging,
Steve Arnold

The Burnout Generation
Anne Helen Petersen

One Good Deed
David Baldacci

DragonMan: The 13th Sign: DragonMan Series, Book 8
Ted Lazaris


Visions: Knights of Salucia, Book 1
C.D. Espeseth

The Black Hussars
Mitchell Lüthi

Swing Trading: How to Become a Swing Trader. Complete Guide to Learning Strategies, Techniques, Tools & What You Need to Know About: Options, Stocks, Forex & Cryptocurrency
Ted Brown

Starblind: Starblind, Book 1
D. T. Dyllin

Akillia's Reign: Puatera Online Series, Book 4
Dawn Chapman

Confessions of a Shanty Irishman
Michael Corrigan

True Crime Stories Boxset: 48 Terrifying True Crime Murder Cases: List of Twelve Collection, Book 1
Ryan Becker

The Sisters
Dervla McTiernan

Body of Proof: An Audible Original
Darrell Brown,
Sophie Ellis

Understudies
Ravi Mangla

Academic Curveball: Braxton Campus Mysteries, Book 1
James J. Cudney

Dead on Instinct: A Dr. Jessica Coran, FBI, Medical Thriller: The Instinct Series, Book 15
Robert W. Walker

Captain
Thomas Block

To My Beloved Heart: The Last Journey of Edgar Allan Poe
James Marchiori

The Cabinet of Curiosities: A Novel
Douglas Preston,
Lincoln Child

Wally Roux, Quantum Mechanic
Nick Carr

Treasure Island: An Audible Original Drama
Robert Louis Stevenson,
Marty Ross - adaptation

Reliquary: Pendergast, Book 2
Douglas Preston,
Lincoln Child

Relic
Douglas Preston,
Lincoln Child

The Life We Bury
Allen Eskens

We Are Legion (We Are Bob): Bobiverse, Book 1
Dennis E. Taylor

The Wife Between Us
Greer Hendricks,
Sarah Pekkanen

The Deep, Deep Snow
Brian Freeman

The Evil of Father: Father Earth, Book 2
Brad W. King

Backlash: The Scot Harvath Series, Book 19
Brad Thor

Leviathan Wakes
James S. A. Corey

Ender's Game Alive: The Full Cast Audioplay
Orson Scott Card

Chainworld
Matt Langley,
Paul Ebbs

The Dead Drink First
Dale Maharidge

Alien III: An Audible Original Drama
William Gibson

The Silver City: A Prequel of the Father Earth Series
Brad W. King

The Echo Killing: A Mystery
Christi Daugherty

Sherlock Holmes
Arthur Conan Doyle,
Stephen Fry - introductions

Evil Has a Name: The Untold of the Golden State Killer Investigation
Paul Holes,
Jim Clemente,
Peter McDonnell

Infernal Devices: Mortal Engines, Book 3
Philip Reeve

A Darkling Plain: Mortal Engines, Book 4
Philip Reeve

The Expectant Father: The Ultimate Guide for Dads-to-Be
Armin A. Brott,
Jennifer Ash

Yeah Baby!: The Modern Mama's Guide to Mastering Pregnancy, Having a Healthy Baby, and Bouncing Back Better Than Ever
Jillian Michaels

Situation Momedy
Jenna Von Oy

Whoa, Baby! What Just Happened?
Kelly Rowland

Predator's Gold: Mortal Engines, Book 2
Philip Reeve

Where the Crawdads Sing
Delia Owens

Sharp Objects: A Novel
Gillian Flynn

Congo
Michael Crichton

Something in the Water: A Novel
Catherine Steadman

Mortal Engines: Mortal Engines, Book 1
Philip Reeve

The Last Mrs. Parrish: A Novel
Liv Constantine

Sometimes I Lie
Alice Feeney

Silent Child: Audible's Thriller of 2017
Sarah A. Denzil

Paradox Bound: A Novel
Peter Clines

Armada
Armada: A Novel

Ernest Cline
Ready Player One

Other Actions
The Alice Network


The Alice Network: A Novel
Kate Quinn

Killman Creek
Rachel Caine

The Woman in the Window: A Novel
A. J. Finn

Murder on Black Swan Lane
Andrea Penrose

Before We Were Yours: A Novel
Lisa Wingate

The Good Samaritan
John Marrs
Children of Time
Adrian Tchaikovsky

The Midnight Line: A Jack Reacher Novel
Lee Child

Bitter Moon: The Huntress/FBI Thrillers, Book 4
Alexandra Sokoloff

Cold Moon: The Huntress/FBI Thrillers, Book 3
Alexandra Sokoloff

Blood Moon
Alexandra Sokoloff

Huntress Moon
Alexandra Sokoloff

The Good Daughter: A Novel
Karin Slaughter

Stillhouse Lake
Rachel Caine

Little Girl Lost: Detective Robyn Carter Crime Thriller Series, Book 1
Carol Wyer

The Likeness
Tana French

In the Woods: A Novel
Tana French

Never Go Back: A Jack Reacher Novel
Lee Child

My Sister's Grave: Tracy Crosswhite, Book 1
Robert Dugoni

Persuader
Lee Child

Sycamore Row
John Grisham

The Trapped Girl: Tracy Crosswhite, Book 4
Robert Dugoni

Midnight
Dean Koontz

Plum Island
Nelson DeMille

Fear Nothing
Dean Koontz

A Perfect Spy: A Novel
John le Carré

It's Superman!
Tom De Haven

The Chemist
Stephenie Meyer

Invisible Man: A Novel
Ralph Ellison

Airborn
Kenneth Oppel
submitted by bradkingbooks to audible [link] [comments]

[FREE] 1 Audio-book Gift from my large library!

I have a bunch of awesome audio-books and I learned that Audible lets you gift 1 book to every Audible account so anyone can pick any book any number of times, so choose your favorite. I haven't done this before so everyone will be able to get a book!
Below is my list of books, I have the Sherlock collection which is over 60 hours, The Silent Patient, Bird Box, some great Sci-fi books and much much more! Send me a message with the book you'd like and the emal associated with your Audible Account that you'd like it sent to.
I'm sure I'll get a lot of requests so I'll have to batch process these, don't panic if I don't get the book to you right away, I will :)

List of Audiobooks

The Things We Cannot Say
Kelly Rimmer

The Dark Bones
Loreth Anne White

A Killer's Mind: Zoe Bentley Mystery
Mike Omer

Paddle Your Own Canoe: One Man's Fundamentals for Delicious Living
Nick Offerman

Dad Is Fat
Jim Gaffigan

Sentiment Inc.: The Retro Sci-Fi Series, Book 2
Poul Anderson

Shadows of Tomorrow
Jessica Meats

Thinking Big: Think Differently, Grow Rich, Develop Better Personal Relationships, Move Up the Corporate Ladder, Sleep Better and Fight Mediocrity: Everything You Need to Become a Stable, Succesful Human: Superior Ultralearning Topics, Book One
Paxton Arbital

What to Expect When You’re Expecting
Heidi Murkoff

So, You Want to Talk About Government Contracting?: Everything You Need to Know in Order to Become a Government Contracting Master - 3 Guides in 1!
Brad W. King

Then She Was Gone: A Novel
Lisa Jewell

The Silent Patient
Alex Michaelides

Bird Box: A Novel
Josh Malerman

The Silver Horn Echoes: A Song of Roland
Michael Eging,
Steve Arnold

The Burnout Generation
Anne Helen Petersen

One Good Deed
David Baldacci

DragonMan: The 13th Sign: DragonMan Series, Book 8
Ted Lazaris


Visions: Knights of Salucia, Book 1
C.D. Espeseth

The Black Hussars
Mitchell Lüthi

Swing Trading: How to Become a Swing Trader. Complete Guide to Learning Strategies, Techniques, Tools & What You Need to Know About: Options, Stocks, Forex & Cryptocurrency
Ted Brown

Starblind: Starblind, Book 1
D. T. Dyllin

Akillia's Reign: Puatera Online Series, Book 4
Dawn Chapman

Confessions of a Shanty Irishman
Michael Corrigan

True Crime Stories Boxset: 48 Terrifying True Crime Murder Cases: List of Twelve Collection, Book 1
Ryan Becker

The Sisters
Dervla McTiernan

Body of Proof: An Audible Original
Darrell Brown,
Sophie Ellis

Understudies
Ravi Mangla

Academic Curveball: Braxton Campus Mysteries, Book 1
James J. Cudney

Dead on Instinct: A Dr. Jessica Coran, FBI, Medical Thriller: The Instinct Series, Book 15
Robert W. Walker

Captain
Thomas Block

To My Beloved Heart: The Last Journey of Edgar Allan Poe
James Marchiori

The Cabinet of Curiosities: A Novel
Douglas Preston,
Lincoln Child

Wally Roux, Quantum Mechanic
Nick Carr

Treasure Island: An Audible Original Drama
Robert Louis Stevenson,
Marty Ross - adaptation

Reliquary: Pendergast, Book 2
Douglas Preston,
Lincoln Child

Relic
Douglas Preston,
Lincoln Child

The Life We Bury
Allen Eskens

We Are Legion (We Are Bob): Bobiverse, Book 1
Dennis E. Taylor

The Wife Between Us
Greer Hendricks,
Sarah Pekkanen

The Deep, Deep Snow
Brian Freeman

The Evil of Father: Father Earth, Book 2
Brad W. King

Backlash: The Scot Harvath Series, Book 19
Brad Thor

Leviathan Wakes
James S. A. Corey

Ender's Game Alive: The Full Cast Audioplay
Orson Scott Card

Chainworld
Matt Langley,
Paul Ebbs

The Dead Drink First
Dale Maharidge

Alien III: An Audible Original Drama
William Gibson

The Silver City: A Prequel of the Father Earth Series
Brad W. King

The Echo Killing: A Mystery
Christi Daugherty

Sherlock Holmes
Arthur Conan Doyle,
Stephen Fry - introductions

Evil Has a Name: The Untold of the Golden State Killer Investigation
Paul Holes,
Jim Clemente,
Peter McDonnell

Infernal Devices: Mortal Engines, Book 3
Philip Reeve

A Darkling Plain: Mortal Engines, Book 4
Philip Reeve

The Expectant Father: The Ultimate Guide for Dads-to-Be
Armin A. Brott,
Jennifer Ash

Yeah Baby!: The Modern Mama's Guide to Mastering Pregnancy, Having a Healthy Baby, and Bouncing Back Better Than Ever
Jillian Michaels

Situation Momedy
Jenna Von Oy

Whoa, Baby! What Just Happened?
Kelly Rowland

Predator's Gold: Mortal Engines, Book 2
Philip Reeve

Where the Crawdads Sing
Delia Owens

Sharp Objects: A Novel
Gillian Flynn

Congo
Michael Crichton

Something in the Water: A Novel
Catherine Steadman

Mortal Engines: Mortal Engines, Book 1
Philip Reeve

The Last Mrs. Parrish: A Novel
Liv Constantine

Sometimes I Lie
Alice Feeney

Silent Child: Audible's Thriller of 2017
Sarah A. Denzil

Paradox Bound: A Novel
Peter Clines

Armada
Armada: A Novel

Ernest Cline
Ready Player One

Other Actions
The Alice Network


The Alice Network: A Novel
Kate Quinn

Killman Creek
Rachel Caine

The Woman in the Window: A Novel
A. J. Finn

Murder on Black Swan Lane
Andrea Penrose

Before We Were Yours: A Novel
Lisa Wingate

The Good Samaritan
John Marrs
Children of Time
Adrian Tchaikovsky

The Midnight Line: A Jack Reacher Novel
Lee Child

Bitter Moon: The Huntress/FBI Thrillers, Book 4
Alexandra Sokoloff

Cold Moon: The Huntress/FBI Thrillers, Book 3
Alexandra Sokoloff

Blood Moon
Alexandra Sokoloff

Huntress Moon
Alexandra Sokoloff

The Good Daughter: A Novel
Karin Slaughter

Stillhouse Lake
Rachel Caine

Little Girl Lost: Detective Robyn Carter Crime Thriller Series, Book 1
Carol Wyer

The Likeness
Tana French

In the Woods: A Novel
Tana French

Never Go Back: A Jack Reacher Novel
Lee Child

My Sister's Grave: Tracy Crosswhite, Book 1
Robert Dugoni

Persuader
Lee Child

Sycamore Row
John Grisham

The Trapped Girl: Tracy Crosswhite, Book 4
Robert Dugoni

Midnight
Dean Koontz

Plum Island
Nelson DeMille

Fear Nothing
Dean Koontz

A Perfect Spy: A Novel
John le Carré

It's Superman!
Tom De Haven

The Chemist
Stephenie Meyer

Invisible Man: A Novel
Ralph Ellison

Airborn
Kenneth Oppel
submitted by bradkingbooks to FREE [link] [comments]

ONE MILLION FOREX TRADING ACCOUNT HOW TO TRADE GOLD IN FOREX AND WHY GOLD IS SO IMPORTANT IN TRADING How I Made $3,700 In 2 Days Trading Gold Daily XAUUSD analysis forecast on 17 July 2020 by Trading Gold Forex Exchange Review Today Forex Gold Trader - $85,000 REAL ACCOUNT WIPED!!!

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ONE MILLION FOREX TRADING ACCOUNT

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