4 Ways Traders Use Resistance to Profit

Trade the Bounce https://www.investopedia.com/terms/b/buyabounce.asp Short the Retest https://www.dummies.com/personal-finance/investing/currency-day-trading/trade-the-retest-of-a-breakout-level/ Long a breakout when resistance breaks https://www.investopedia.com/articles/trading/08/trading-breakouts.asp Set stops above resistance to lock in profits. https://www.investopedia.com/articles/trading/08/trailing-stop-loss.asp

What’s an Engulfing Candlestick Pattern?

From Investopedia https://www.investopedia.com/terms/b/bullishengulfingpattern.asp What Is a Bullish Engulfing Pattern? A bullish engulfing pattern is a white candlestick that closes higher than the previous day’s opening after opening lower than the previous day’s close. It can be identified when a small black candlestick, showing a bearish trend, is followed the next day by a Read more…

Druckenmiller Warns We’re In a Tech Bubble and is Amazed by Bitcoin HODLers’ Conviction

Druckenmiller made waves a few days ago when he dropped some verbal bombs in an interview. It wasn’t a one-off. https://threadreaderapp.com/thread/1399012533701386241.html 0/ Druckenmiller has now had a similar interviews for CNBC, USC, & The Hustle w/ their own twist. Tech Bubble vs. Today- “Today, you have something similar & something different. Read more…

Can You Afford to Retire?

The biggest crime is being perpetrated towards the upcoming retirees. Consider this: You’ve worked your entire life in fiat. You’ve been a company man, made sacrifices, put your head down, followed every rule, worked like a cog in the corporate machine. Nice. And you’ve been promised a retirement. It looks Read more…

Bitcoin Never Sleeps

Bitcoin never stops, it works 24/7 with 99.99% uptime. It’s a never-ending stock market. Compared to the legacy systems of the past century, this is a way forward. Speed, transaction times, transaction finality, immense amounts of money being moved instantly around the world, streaming money. We’ve never seen something like Read more…

The Accused Fraudster Behind the Bitcoin Boom

I’m abusing the clickbait title to drive in a point here: You shouldn’t believe anyone just because he shouts something loud enough. This article is basically ignorant. https://newrepublic.com/article/160773/bitcoin-price-boom-michael-saylor-microstrategy It’s full of misinformation about Bitcoin, saying it’s pegged to nothing, it’s speculative, it’s worthless. The truth is that Bitcoin, unlike gold, Read more…

Is Rich Dad a Scam?

It’s a very common question, is Rich Dad, meaning Robert Kiyosaki the author and entrepreneur, a scam? In short? Yes. But you should still read the book. Allow me to explain: A lot of the arguments about the bestselling book Rich Dad, Poor Dad are about the supposed Rich Dad Read more…