I’ve been trading for decades, and honestly, what happened last night had to be one of the “top five moments ever” for me, even though I had absolutely no stake in crypto at all……….
Luna Zeroed Out
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
A Lehman Moment For Crypto?
Turning the Battleship
Having FORTY different positions is all well and good, but holy GOD it’s a lot of work when you want to move from bearish to bullish (or at least partly so). I’ll just say quickly:
- I made some FAST money going long (yes, long) COIN and MSTR (yeah, you read that right); those were day trades; I’m out and made good profits;
- I also made some FAST money with QQQ calls.
- I have TRIMMED bearish positions to some degree (from 40 down to just 27)
- I am LONG QQQ CALLs (June 17 expiration)
- I am at 20% cash.
Premium members know a lot more of the nuance about what I’m up to, but let’s just say it’s been a VERY busy morning………
(more…)TERRAfying
I’ve been following the incredible tale of LUNA all night. This is just jaw-dropping:;
