PowerX Strategy "PowerZ"

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BambinoFlex
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Re: PowerX Strategy "PowerZ"

Postby BambinoFlex » Mon Mar 06, 2023 6:24 pm

IgazI wrote: What is:
UP? DOWN? IN? OUT?

Ask the right questions, get the right answers.


Okay, here’s what I understood. Can you review and let me know if I’m speaking the same language
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Mar 06, 2023 8:25 pm

BambinoFlex wrote:
IgazI wrote: What is:
UP? DOWN? IN? OUT?

Ask the right questions, get the right answers.


Okay, here’s what I understood. Can you review and let me know if I’m speaking the same language


"IN" is a pattern, a collection of closes, a profit taking level. . .

"OUT" is "not in" . . .the thing we were in.

"UP" is: not a 3-box retracement, not a 4% retracement, not below the midpoint of a range, a collection of closes at the top of a range. . .
how ever you define "UP" is UP.

You trade up and out or down and out.
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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Mar 06, 2023 9:17 pm

I am hoping to pick up 8% of a bitcoin if the price drops to 21k. . .
I just wish that I came to that conclusion before I sold all of my bitcoin #-o

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Re: PowerX Strategy "PowerZ"

Postby BambinoFlex » Mon Mar 06, 2023 10:07 pm

Cool, thank you Igazi!
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Mar 06, 2023 11:33 pm

I just received my Tangem cards in the mail (that was quick! when did I order these things?)

I transferred 30 ADA, as a test, no problem (cost me $0.06)

The card feels pretty sturdy, it is slightly thicker than the Coinbase card.

- no wires
- no worrying about who might find your passphrase
- no expensive hardware
- a more modern user interface
- easier access to dapps

I like it.

My only complaint, and it is the same with Trezor, is that buying tokens via the app is way more expensive than buying through Coinbase.
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Mar 07, 2023 5:32 am

AUDUSD M30 a gross drop for the kangaroo dollars. . .
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Re: PowerX Strategy "PowerZ"

Postby prochargedmopar » Tue Mar 07, 2023 2:51 pm

#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Mar 07, 2023 3:04 pm

prochargedmopar wrote:$30 for $100k? :shock:

https://apextraderfunding.com/


That's an 'Alias thing'; I'm not a day trader . . .
read my signature :wink:
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Mar 08, 2023 3:41 pm

It costs an additional 7600 ADA (currently around +$2500) to buy 1 Bitcoin; seems a bit excessive, with all the payment networks and scalability coming to Cardano, and BTC just sitting there being simulated scarcity :lol:

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I could hedge by shorting ADA futures contracts. . .
but there is no point in hedging when you can 'see' zero.

M30R + D2X
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Mar 08, 2023 7:11 pm

Who has 'studied' trading for 20 years only to realize that there was never really anything to study :oops: ?

When you don't know what is going on then you tend to imagine that it must be difficult, and so you search for a solution to match your perception;

in reality, the market can only be four things: UP, DOWN, IN, and OUT. . .
above, below, between, outside of.

Place your stop first, at least mentally, and then enter within the range that your risk allows.

Trading is as difficult as learning how to trail a stop. . .
and listening to that voice that says "my stop is probably going to get tagged, I should take profit now".

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