“I’ve seen things you people wouldn’t believe… Attack ships on fire off the shoulder of Odessa. I watched broken dreams of effervescent markets glitter in the dark near the gates of the Eccles Building. All those moments will be lost in time…. like tears in rain…. Time to die…”
If I had to name the number 1 mental hangup that is preventing retail traders from being successful traders then it would be the constant need to be proven right. It’s a pernicious mental trap that has wiped out a many trading accounts. Unfortunately just like gravity or bad customer service in Spain I don’t see this changing anytime soon. And don’t think I am excluding myself either – quite to the contrary.
In case you wonder, no I didn’t just pull that one out of my rectum, and yes it’s a real thing. In fact vomma is officially listed as one of the option greeks (check it out over on Investopedia). And it also happens to be one of the more exotic indicators of implied volatility that is very carefully monitored by professional option traders. And let me assure you that they are ALL keeping a very close eye on it this very week. But why?
If you don’t own any crypto you are probably sick of dickwads who don’t know the first thing about trading constantly bragging about how easy this is.
And let’s face it, when you say it out loud paying $60,000 for a bitcoin sounds batshit insane.
Almost as insane as making your first million dollars from “CUMROCKET COIN”