I probably should be easing up on my meds as I have started seeing short opportunities and you all know how that usually ends up. Except of course when Bitcoin once again goes stratospheric and then instantly crashes as it did on Wednesday literally an hour after I posted about that very scenario. Clairvoyance you wonder? I very much doubt it as I never win anything. But I have developed a pretty keen sense of human nature, which fortunately is a lot more reliable than the financial markets. When in doubt during a buying frenzy always bet on the woodshed.
While you lowly mortals are slowly awakening from your tryptophan induced slumbers the mighty Mole is already banking coin whilst selecting future victims for lawful extraction of ill-gotten gains [insert evil laughter of your choice] As tough as this racket may be at times and despite the personal toll it invariably takes on us over time – you’ve got to love that feeling of waking up in the morning and realizing that your campaign has produced yet another R overnight. As a trader by heart and evil speculator by trade this more than makes up for all those dark times when find yourself on the losing end of the market’s zero sum equation.
I ought to be dedicating my E-Mini campaigns to rock legends more often as it seems to instantly bestow them with extra mojo right after entry. Of course the bullish divergence I observed on our Zero indicator Friday afternoon may have been a contributing factor as it was flashing ‘bear trap’ pretty much most of the session.
‘May you live in interesting times’ is an apocryphal expression often incorrectly attributed to being an ancient Chinese curse. Whoever actually coined it we will probably never know, but it’s clear to me that he or she was probably of advanced age and, having experienced a crisis or two, understood quite well the potential disruptive effects of large scale events.