PowerX Strategy "PowerZ"

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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Dec 01, 2023 5:25 pm

The price of palladium went below $1000 earlier this morning.

Gold and silver are holding strong. . .

I believe that 8x is around the corner :lol:
"Nobody" wants it until it is overpriced [-X

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Dec 04, 2023 12:41 am

$2132 :shock: gold is feeling frisky today :lol:

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Dec 04, 2023 4:25 pm

What a crash!

It is like an early xmas day gift :D

There is a 0% chance that I'll regret buying gold, silver, and platinum.

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Update:

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The Unpopular Opinion

Postby IgazI » Mon Dec 04, 2023 7:28 pm

It kills me inside when new traders want to be day traders :)

Start with the H4, daily even, and work your way down:

there is a MASSIVE skill difference between a successful day trader and a swing/position trader. . .
it looks something like this:

(Day trader) Don_xyZ <------------------------------------------> 12yo with ADHD (swing/position trader)

You don't want to be a 12yo with ADHD, I get it, but that's where you need to start [-X :lol:

Once you have a cushion of profit, and a few years of experience, you can consider being a day trader.
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kiwiarian
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Re: The Unpopular Opinion

Postby kiwiarian » Mon Dec 04, 2023 7:47 pm

IgazI wrote:It kills me inside when new traders want to be day traders :)

Start with the H4, daily even, and work your way down:

there is a MASSIVE skill difference between a successful day trader and a swing/position trader. . .
it looks something like this:

(Day trader) Don_xyZ <------------------------------------------> 12yo with ADHD (swing/position trader)

You don't want to be a 12yo with ADHD, I get it, but that's where you need to start [-X :lol:

Once you have a cushion of profit, and a few years of experience, you can consider being a day trader.

You arn't going to get any likes posting things like that :)

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Re: The Unpopular Opinion

Postby IgazI » Mon Dec 04, 2023 8:02 pm

kiwiarian wrote:
IgazI wrote:It kills me inside when new traders want to be day traders :)

Start with the H4, daily even, and work your way down:

there is a MASSIVE skill difference between a successful day trader and a swing/position trader. . .
it looks something like this:

(Day trader) Don_xyZ <------------------------------------------> 12yo with ADHD (swing/position trader)

You don't want to be a 12yo with ADHD, I get it, but that's where you need to start [-X :lol:

Once you have a cushion of profit, and a few years of experience, you can consider being a day trader.

You arn't going to get any likes posting things like that :)


Most people want to burn me as a witch, I can't do any worse :lol:
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Yirbu
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Re: PowerX Strategy "PowerZ"

Postby Yirbu » Mon Dec 04, 2023 8:20 pm

IgazI wrote:What a crash!



Or a retest. :lol:

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kiwiarian
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Re: The Unpopular Opinion

Postby kiwiarian » Mon Dec 04, 2023 8:26 pm

IgazI wrote:
kiwiarian wrote:
IgazI wrote:It kills me inside when new traders want to be day traders :)

Start with the H4, daily even, and work your way down:

there is a MASSIVE skill difference between a successful day trader and a swing/position trader. . .
it looks something like this:

(Day trader) Don_xyZ <------------------------------------------> 12yo with ADHD (swing/position trader)

You don't want to be a 12yo with ADHD, I get it, but that's where you need to start [-X :lol:

Once you have a cushion of profit, and a few years of experience, you can consider being a day trader.

You arn't going to get any likes posting things like that :)


Most people want to burn me as a witch, I can't do any worse :lol:

lol. It make sense though as one will be more inclined to stick to a plan and also get a good foundation in risk/MM techniques. Less impulsive entries and hopefully less inclination to play with the stop loss.
And wont get cut up as well.
small crash/hiccup. that last post of yours did it

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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Dec 04, 2023 8:59 pm

Yirbu wrote:
IgazI wrote:What a crash!



Or a retest. :lol:


True.

I'm going to call every $100 drop within a single trading day a "crash" though :lol:
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Dec 05, 2023 4:29 am

I'm considering buying more gold if we get a deeper retracement :|
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