You can open an account with IG here in the UK in 10 minutes and in the US as well. Their margins are too brutal for me, normally I make money with 1-2% gains which don't fit into their margins, but they are quite convenient if you don't trade every day.

What do you think about my GBP shorting? :-))))) I am 800 points up as we speak since last week. Brexit is great. It's like a broken slot machine that keeps give out the money. The most hilarious is my hedging. I am hedging the pound short with GDX long, which is up as well. :-))))) this is the luckiest trade ever though the GBP drop was very obvious. Having such obvious tardes, I am wondering, why people bother with the completely unpredictable BTC trade, when we have a fairly predictable equity and forex market? It was no rocket science to understand that the Pound must fall further. Still people don't make such obvious trades. Like from 2012 to 2015, when the free QE money was driving up the market - free money all over the place.

I am not one of those big boyz who trade with millions and I rarely open larger trades than £15-20K, but this is a different time. I have already shorts on GBP and I will open a 200 point size short Monday morning. I can get it from my broker for £110K, which is a very reasonable margin price. I just need a serious hedge which I don't know what will be. I guess shorting 2 Years UK or 10 years Germany bonds could be a hedge for this, but we need to think through this. If the Pound goes to 1.265 which I think eventually it will, then the net profit is £200k, at 1.165 GBP/USD rate the profit is £400k. I see this as a very low risk trade, especially with bond hedges.

Currently we are at 1.365 with the Pound which is only an 8% drop from the pre Brexit price. I think we should have at least 15% drop. Soros and many other can see it falls to 1.15 which is another 2100 points drop from the current rate. Surely, it must be fall from the current 1.365, otherwise this is the mother of all bear trap. A few retailers will be flushed out before it goes down, but it cannot stay this current high level for long.

I still had my VIX and UVXY. I said last week in this thread that I am not going to sell them, because I don't agree with Armstrong's bullish projections nor with other bulls. Luckily Brexit worked out for me (and other bears) as my VIX and UVXY options calls and spread betting longs are in a very fine shape :-)  though I was totally expecting a Bremain, even I was thinking to close them at 10 PM when the first polls projected a big win for Bremain. Luckily the Newcastle result quickly came and that sent the futures down in no time. By 2 AM I was drinking and celebrating Brexit, and the crashing market.

You need to fuck off son. You are boring and you aren't even the funny village idiot of this thread. You are a fucking useless village idiot, the worst combination of zero knowledge and infinite arrogance. Since you are a useless piece of shit, from now you are on ignore.

We, traders hedge our trade by being on the opposite side of the trade with an entirely different trading instrument than the hedged instrument. For instance a common hedge for me is a DJIA/GDX pair or SPX/VIX, so we are not long and short at the same time using the same type of instruments, you idiot.

Have you ever traded on the market even with play money? The question is purely academic, of course you have not. Don't bother me with your trading nonsenses gained from Wikipedia or from your high school classmates. It is better for everyone if you keep enjoying your high school holiday instead of embarrassing yourself on trading topics.
I really don't have time for you village idiot. You are not even entertaining like a proper village idiot should be.

Armstrong was sceptical about a fair EU referendum and he had pointed out several times that it could be a rigged referendum. Armstrong predicted many times over the last 8 months that Brexit is the most likely scenario, his model projected the Brexit outcome, but he noted the referendum could be manipulated by the establishment. There is no contradiction whatsoever in this, but don't break this news to our village idiot sloanf.

Agree with the above, Armstrong is clueless on day trading issues, but we discussed this many times - nobody is having a clue when it comes to day trading. Not knowing what's going to be on the market next Monday is not exclusive to Armstrong. Nobody knows, that's why the fucking trading instrument called spread betting. As I said, I expect we retest lows before the capital flow takes the US market to all time highs, but IMHO Armstrong is correct on the long term outcome of this worldwide mess.

More and more events and notable analyses indicates that Armstrong will be correct on the large picture. Soros points out the capital outflow is imminent from the UK and EU https://www.theguardian.com/commentisfree/2016/jun/20/brexit-crash-pound-living-standards-george-soros . This is exactly what Armstrong has been arguing. Again, don't break this news to our village idiot sloanf.

IMHO Armstrong is spot on about gold as well. I am starting to short GDX from next week, the start of trade is depending on how bullish will be the market Monday-Tuesday. Regulatory filings indicate that Soros and other big guns are heavily bullish and long on gold. Really? Sounds a bull trap to me. I believe Armstrong and McClellan are correct on gold.

Good luck for all traders!

You see, your post epitomizes what IOTA is all about and why I am correct about this IOTA nonsense.

You are talking about realease, going to exchanges, realizing the dream ROI and therefore, I am FUDer. However, there is not a word about technology and the business plan. Why not? Because there is no viable technology nor a viable business plan. It's all about pure greed and speculation: to find new idiots who will bring ROI for the initial "investors", the shills and cheerleaders (and of course for Sergey and David as they own most IOTA). One of the issues is, those idiots who will buy the coin from the initial "investors" will be bagholders. An then this cryptocurrency scam swamp is getting deeper and deeper.

I always said, of course Sergey & David can create an ROI for all you shills and cheerleaders, but they don't deliver ROI via a legit business operation or serving IoT use cases. No. Sergey & David can deliver the ROI only at the expense of the idiots who will buy into the P&D, which makes IOTA a big, fat scam.

Why idiots, the 1 BTC lunch money "investors" of this scam would have brain to understand basics? You don't have, therefore you are proud "investor" of this nonsense.

Gentlemen,

The problem we are facing regarding IOTA is the following: a 37 years old virgin (Sergey) can be very well successful to get money out from other younger 20, 25, 30, 35 years old virgins or in fact from older naive, noobs or idiots of this scam swamp cryptocurrency universe (and I accept so many virgins can create a giant jerk-off money party), however in the brutal world of IoT there is no place for such nonsense.

Am I telling the truth again? Yes.

The shills, sockpuppets, cheerleaders who want to revitalize their investment with a new scam and support these two clowns effectsToCause and pnosker to roll out this new scam must understand: this scam is not going to be successful.

The two developer clowns have been demonstrated in last two years that they are perfectly incapable to build anything substantial and useful, and therefore, what we are talking about here?

Yeah, all you idiots who invested in this scam can have a quiet time  from now ... if you would listen me, you would never invest in the scam of a completely inexperienced 24 years old scammer boy, an absolutely noname UK developer and a wanker lawyer from Germany who is a disgrace to his legal profession.

You are a proper fit into this scam swamp of LISK, DAO, and of course WAVES, Supernet the projects of your scam-buddy James.

But you see, IOTA which as I said actually could provide some useful technology told you that fuck-off. So anything that has a bit rational tells you that you are useless, we don't want you and fuck off. Apart from these low intelligence or high-school age, lunch money "investors" nobody takes you seriously. What are we talking about?

Yes, actually it seems I am a fucking oracle, and to be honest, I am more and more impressed with my own skills and knowledge.

Do I publish from time to time, but in real time my stock trades in the Armstrong thread? Yes, I do and I demonstrate a remarkable understanding of the market as well as accuracy in day trading. Last time Armstrong, Caldaro, Avi Gilburt, etc. all the world's famous analysts became uber-bullish, and what did I say in real time? I said no no, there is no reason the be bullish, buying WIX and UVXY continue be the trade. There is no gimmick nor scam in real time stock trading talks, so yes, my age, my 30 years experience on the market help me to see through of the mistakes of world renowned stock analysts.

Of course in the case of your scam, it has nothing to do with the stock market - and besides that I am not trading these shits not even Bitcoin which I do think still a socially important project -, my 40 years experience in technology business enough to point out that IOTA is a scam. IOTA is not a viable technology nor a viable business proposition, so you are taking the money of these idiots for a P&D and nothing else. But we both know this.

To be fair, your project, unlike LISK could work, because in a good hand it could be something else than a failure, but you are too arrogant to make it work, so the destiny is an epic disaster. The disaster of course will come following the P&D which will buy for your supporters a nice ROI and a well deserved jail time for yourself.  

OK, I know you would like to know my opinion so here it is.

A 37 years old virgin who is fetishizing the most discussing dictator Lukashenko in the shithole of Belarus and an inexperienced momma-base CEO who is losing all his money on poker is not a winning combo. Quite the opposite, it is the recipe for disaster.
IOTA will be the exactly same size of failure what DAO is when the shit hit the fan.

When these idiots start listening an old, wise man that is apparently me?

Did I tell you fucking idiots that I pulled my support from Vitalik because the DAO project is a nonsense? Did I tell you hopeless idiots that though I was the biggest supporter and most likely one of his biggest investors since 2014 of Vitalik, earlier this year when I learned about the DAO scam I pulled out the support from Ethereum? Yes I did.

Now, would you like to know my opinion about the IOTA scam?

Too many Monday morning quarterbacks in this thread and talk about Armstrong's observations 1 week later and not at the time of the publishing of the observations. This what I said last week, 1 hour later when Armstrong published that post



Evaluate his trading pointers in real time like I do or STFU.

The man became bullish like there is no day tomorrow.

https://www.armstrongeconomics.com/markets-by-sector/stock-indicies/sp-500/retail-sales-of-us-equities-domestic-foreign-reaching-historical-low/

I don't buy that Marty. I think the bulls will be slaughtered a few times before it goes a lot higher. I am not closing my VIX and UVXY trades just now.

Thanks Klee! Please note, I am a day trader so your SPX 35 points stop losses doesn't work for me. But yeah, terms of the number I agree. I said myself SPX 2131 resistance in the Armstrong thread last week. Please tell me what I don't know :-))) I don't know, are we going to have a bounce next Tuesday after the Chinese data is published and after Yellen talks again? :-)))) That's all I want to know, because IMHO that will determine the rest of the month.

It seems the Vericoin cheerleaders, shills and sockpuppets are back.

And of course, the two useless clown effectsToCause and pnosker are back as well. These two clowns who instamined the coin in 2014 and dumped the shit while hyping the absolutely nothing with blatant lies like Wall Street visit and the rest of the nonsenses. The two clowns are back and want roll out an ICO for the noobs, naive and idiots. These two absolutely useless scientists and part time cryptocurrency clowns want collect money from the idiots for a coin, which - just like Vericoin - will be used by absolutely nobody. These part time cryptocurrency clowns effectsToCause and pnosker did create zero real world users for Vericoin in two years, up to date zero business use Vericoin and there are no real world use cases for Vericoin. Never mind, the part time cryptocurrency clowns want rinse and repeat the failure of Vericoin by collecting money from the noobs, naives and idiots.

Welcome back, I hope you feel at home again.

Thanks Klee, I appreciate it, but I am trading stocks, DJIA, SPX, RUT, VIX, etc. and futures, and I think you don't deal with those. I don't trade these crypto shits, I am just fan of the technology and buy the coins to support the devs.
I know all those analysts like Armstrong, Caldaro, Avi Gilburt and the rest, you name them I know of them, so I understand what you try to do is very difficult and quite cool. Note, those analyst deal with the stock market in which the free FED/ECB money determined the direction (up) for long months in the last few years, while you deal with crypto which is a different beast, I mean lot harder. In the stock market the fundamentals are still important to a certain degree while in crypto the market is a big mess with a minimal volume so I guess it is hard to project anything. anyway, good job man.