Hello friends, A lot has changed since my last post. Previously, my trading process went like this: get an idea for a trading strategy, test it, deploy it and hopefully profit. However, this method of doing things is a little bit outdated and less sexy than what I'm doing now which is the following: have a computer program get an idea for a trading strategy,...
Hello friends, We had a good run, but I think we are entering a bear market now. Hope you are ready to buy some cheap BTC. Have a good day, Shkreli
Hello friends, I was premature in my call for the top last time and it resulted in me being down 3% whereas had I longed I would be up 100%. Some may think I care, I do not. I don't care because I am here to have a career, not a good year. I don't care about years - I care about decades. I can survive a 3% loss. I hope I can encourage you to think about making...
Hello friends, In the last post I said I felt the market topped. While, sure I do think this, my confidence that this is the case is low. In fact, it's not logical, I wouldn't trade based on this opinion for example. In my opinion, in a metric sense, the market is bullish, so talking about a bear market is premature. Anyways, I am not bearish here and wanted to...
Hello friends, I believe bitcoin has topped and that we are entering the beginning of a bear trend. I am not trading btc to capture this downside instead ETHUSD as I feel it has a better payoff since it is a little more bullish in structure (ie nearer its ATH etc) but that's all bullshit because once this falls so will ETH - so its pseudo strength. Anyways, the...
Hello friends, I am short ETH from 1345. I am not necessarily bearish on ETH but I consider it roughly equiprobably that it makes a new all time high versus dropping considerably. I have risked 3% on this trade. I've heard a lot of talk about "growth" in ETH etc. I don't believe it. That said, it doesn't matter what I think, it can still go massively up. I'm...
Hello friends, I have closed my position as the probabilities of my success have changed and I don't wish to risk the money I did anymore. So, I have closed the position for a negligible gain from short 32200 and closing at 31900. I will probably look to trade a breakout one way or the other. I thought that would be yesterday, but that is not the case. Since we...
Hello friends, BTC is tired. It wants to go down. It's had a long day. Don't keep it up any longer. Shkreli
Hello friends, Short 32200. 3% risk. Stop 35000. Thanks, Shkreli
Hello friends, ETH did not make a new high while BTC did. I don't think this will change. Once the bear market ensues, you can expect the traditional 90% dive. I will be there to profit. Thanks, Shkreli PS. I am a short only altcoin trader.
Hello friends, I am in the money and in fact am lowering my stop to 34500. My entry was around 36500 so a little bit of green for me is certain. I don't think this will hold much longer, but I am not sure. Would have liked to see it take a bigger dive already. Don't really understand how it is still floating. Some people really like to buy at all time highs. I...
Hello friends, I woke up to a btc that was 10% cheaper which meant my position was 10% more valuable. What a lovely morning it was! Still believe we will see 20k and this has further to fall. Too much optimism. Crypto people will end as poor as they began I'm afraid. They keep long tops and do not understand the golden rule: hodl. Not everyone can be rich you...
Hello friends, I have been short BTC since about 37k and I am planning to ride this bad boy down to 20k for a pretty sizable % win. Looking to start the year off right if you dig. I see so much surprise in the market, it's as if people don't realize we have been going straight up for more or less a straight year. We have not had major shit tanks like we did in...
Hello friends, I have risked 3 percent, stop loss 42200. I just don't believe bitcoin is going to moon much more before it makes a correction. I believe correction is much more likely. Still thinking 20,000 is next. Thanks for reading, Shkreli
Hello friends, I have a stop at 38000 that will close in profit (just a little) that I opened at 38500. It is DANGEROUSLY(!) close to being hit and I'm not happy about it. This is supposed to be my big trade back after hiatus. WTF BTC aren't you glad I'm back??? Anyways, this monster of a coin is up 10x just this year. I call bullshit. I'm not longing here I...
Hello friends, I am back again. Last time I said TSLA was gonna shit tank it did. It might not just now, but the party is wrapping up. Thanks, Shkreli
Hello friends, The situation is as above. I am expecting a retrace to about 20k which would represent a 100% return for me. That's the only trade I'd need to make all year. I lowered my stop to my entry so there is no risk for this trade. In the next couple of days, I will probably be able to lock in a profit. I am not sure if the local top will be the end of...
Hello friends, I shorted as above, you can check my lost post for the evidence of that. I was not by a computer when I placed the trade - did it on my phone. I could not for some reason make a post from my phone... Anyways, pretty confidenct btc has made a local top and is ready to take a shit. I know I am (just had a big lunch) Let's make it a great year dear...