VEGAS TRADES GOLD IMAGE

VEGAS TRADES GOLD IMAGE
Showing posts with label skeptic cat. Show all posts
Showing posts with label skeptic cat. Show all posts

Monday, October 14, 2013

WANNABEES & SKEPTIC CATS



                                           Wannabe Nation

For those of you who are actively engaged in the “pudding” business, I really don’t know what else you want me to do. You now have the ability to either trade yourself or open an FX Replitrader account at Forex-Metal and let me do the trading [no fees] for you. You can either get in the game, or continue to sit there and pretend your life is on the track you want.

                                       Can’t Handle The Truth

For most of my adult life I have been told by intellectual types, university profs, and skeptic cats all over the world that I can’t exist. Nobody can do what you do because it’s not possible. Markets are random walk [modern portfolio theory says so] and so you can’t make this kind of money; something is “fishy” here and so I am skeptical.

[Flashback to the ‘80’s where the accountants are laughing at me behind my back; “This guy is gonna get his ass handed to him, and how much fun will it be to be there and document this train wreck?” Fast forward to the moment when they are literally on hands and knees begging me to stop making money because nobody will believe the audited results. “This isn’t possible man - it just isn’t!!!”]

Now, I’m not saying you should breeze through life like Forrest Gump, believing everything every nutjob tells you, and then discovering it just wasn’t so.

                               Who Knows Trust? Tony Montana

I don’t expect or want anybody to trust me and just take my word for the kind of gains you can expect trading using the long term –vegas Big Bang Algorithm. Everything you need for success is being given to you for free. You have eyes, and you have brains; use them and see for yourself. 

Download the demo and follow what I have taught; it’s free for cryin’ out loud. After you have proven to yourself that what I have said and given you is market gospel, commit funds to the market and improve your financial life.

Special Note:
I had planned on starting the Replitrader trading today, but events beyond my control force me to travel and take care of future business. Most of the U.S. trading session today, as well as Tuesday, will find me in a bunch of meetings before I return home.

I can either do this now, or in the future once trading has started. I know from experience, that once I start making you money, taking a week off will drive you up the wall.

The entire –vegas team has big plans for 2014, including our own You Tube channel as well as other business products and services that will enhance your financial future. That’s the purpose of my travel and I figure it is best to get this done now instead of waiting. For those who have signed up, thanks for your patience. For those who haven’t yet signed up, you have a few more days until Replitrader goes live.

Have a great day everyone.

-vegas

Tuesday, December 20, 2011

THE TRADING BUSINESS MODEL



                          Thank You Mr. Market For Being Open

My trading biz doesn’t have any employees or special plant and equipment. I have my funds “offshore”, outside the reach of regulators who think they know what is best for me. I deal in cash, and have no inventory. Nor do I worry about leasing rates or borrowing money for payroll. I have no business rent and can literally do everything from the beach if I wish. I could go on but I’m hoping you get the point.

“But vegas, markets are random and I can lose money. How is that a business?”

“Does a McDonald’s know the names of the people who walk into any given restaurant on any given day? How do they know if anybody will show up tomorrow?
[Psst – they don’t]

                            Consummate American Success Story

It will cost you over $1 million just to get in the door and own a Mickey D’s. You get to work 80 hours a week and run a group of teenagers who will do there best to steal you blind. Every time you turn around there will be corporate suits in your face and running your life. Congrats on buying yourself a job! If you’re lucky you’ll make 60K – 80K a year.

I, on the other hand, can trade a lousy 1 lot, make $1.50 / oz. per day, work on average less than 25 hours per week, and make more than 100K per year. You have more than $1 million invested in hamburgers. I got 10K in an account and make more than you, all the while I have 1 / 10,000th the problems you have. Yea, please convince me you got the better deal.

                              Are You In The Right Biz Model?

Trading is a business. When I trade the algo, it’s like McDonald’s putting ketchup on a hamburger: it’s the same way, the same amount, from Maine to California. No deviation, it’s the same every single time.

In other words, it’s the algorithm stupid. It’s how business’s are run so they can be profitable. Trading is no different, when you treat it as a business.

Today’s Action & Wrap Up

We came into the day in “buy mode”, with the Asian session drifting higher. There never was a clear buy signal all night. Some of you may have taken a buy signal at 12:20 AM [Chicago time] at 1599. This signal was right at the “DIP’s”. A few cents separates a buy signal from sitting on your hands. At 2:10 AM [Chicago time] we got a confirmation top [discussed in the manual and Appendix III] at 1603.50 [actually it was a little higher than this price, but again I love giving lower result numbers for the algo just because I can.] Gain on this first trade was $ 4.50 / oz. [if you caught it].

The first clear buy signal came at 6:40 AM [Chicago time] at 1606 with a stop at 1602.90. Market settled in with some initial chop-chop that threatened stop but never went below recent low of 1603.15. We then saw a move higher that pushed into buy stops above 1608. At 8:00 AM [Chicago time] we had confirmation top [discussed in manual and Appendix III] at 1611. Gain on the second trade was $ 5.00 / oz.

Total gain on the day was $ 9.50 / oz. However, since a number of algo traders missed the first gain, I’m going to report the algo’s performance today as just the second trade, skipping the first trade and showing once again that the results I post are at or below what you should be doing!! [Skeptic Cat just hurled a fur ball !! Skeptic Dog is asleep and can’t be bothered.]

Now, I realize there are plenty of you aggressive beavers out there who think $ 5.00 / oz per day is chump change, and you want to get in there and trade, trade, and trade some  more. I have seen this type of trader behavior many times, and all I can say is that you are falling prey to the hype of markets.

Remember, $1.50 / oz. per day makes you filthy rich over time, using proper leverage. Once you make $5.00 / oz. per day, or more, you have to have the guts to move on and walk away from trading for the day.

“The Vegas BFSG Algorithm” is designed to catch the PRIMARY move for the day as the market decides which way it wants to trade. If volatility is normal, or above normal, there are very few scenarios that can play out in which the algo loses money. There are some, and occasionally we will hit them, but once good money is made from that primary move, it’s time to put the trading cards away and go do something else. It doesn’t matter if you then missed another move for the day.

Being a professional trader doesn’t mean “trading like a maniac”. It means making money FROM  trading.

So, net gain on the day is $ 5.00 / oz.

Ka-Chinggggggggg [Again]

Have a good day everyone.

-vegas

Friday, December 16, 2011

ENTER THE DRAGON




                                         This Guy HAD IT!!

Did anybody ever really want to mess with Bruce Lee? And how do you think he got that way? What was it that made him so beloved among martial arts aficionados?

                          Hide The Children, This Could Get Ugly

Without discipline, do you think Bruce Lee could have ever been trusted to be effective in kicking just about everybody’s ass? On his occasional day off, he did more than most people do in a week.

                         Microcosm Of Society In 900 Square Feet

You got your “haves” and then there are the “have nots”. There are good traders, and the not so good. You have people who can be trusted to trade with, and then there are those you stay away from. One thing each person in a pit had though was discipline. No matter their own individual style of trading, without discipline they wouldn’t survive.

            Mind Over Matter: If You Don’t Mind, It Doesn’t Matter

Can you do it, or is that itch to trade becoming insufferable?

Those fortunate people who started trading “The Vegas BFSG Algorithm” over a month ago are now starting to reap the benefits of disciplined, structured, and most importantly PROFITABLE trading. Why not join them?

When they enter a room, to fire up that computer to trade, they ENTER AS DRAGONS !!

Today’s Action & Weekly Wrap Up

We started the day in “buy mode” and had our first buy signal at 12:25 AM [Chicago time] at 1587. Within the hour, we had a confirmation top [discussed in the manual and Appendix IV] at 1592.50. Net gain on this trade, and for the day, of $ 5.50 / oz.

Any time, after the signals give confirmation, I am up more than $ 5.00 / oz for the day, it is time to quit and go live life. I can’t stress this heavily enough. You simply can’t be greedy when it comes to trading. From a prior post, you all know what $ 1.50 means, so being more than 3X this is something not to sneeze at. What’s the alternative? You get to work a corporate job for a living: who the hell wants that?

                                         Friend Of Skeptic Cat

Since it’s Friday, and I know doing this will get under your skin, I’m going to knock off the $0.50 from the day’s total and for reporting the algorithm’s performance I’m going with $ 5.00 / oz. for the day. I like nice clean numbers, and since this will annoy you Skeptic Dog, it’s good enough for me.

Ka-Chingggggggggggggg [yet again Skeptic Cat & Skeptic Dog]

Weekly Wrap Up

            Monday           $ 9.00
            Tuesday           $ 7.00
            Wednesday      $ 1.00
            Thursday          $ 12.00
            Friday              $ 5.00

Total For Week            $ 34.00


Running Total Since November 1, 2011

11/02/2011 – 11/04/2011        $ 25.00 / oz.,
11/07/2011 – 11/11/2011        $ 86.00 / oz.,
11/14/2011 – 11/18/2011        $ 49.00 / oz.,
11/21/2011 – 11/25/2011        $ 11.00 / oz.
11/28/2011 – 12/02/2011        $ 41.00 / oz.
12/05/2011 – 12/09/2011        $ 26.00 / oz.
12/12/2011 – 12/16/2011        $ 34.00 / oz.

Total                $ 272.00 / oz.

Another good week and the running total continues to go higher. Have a nice weekend everybody!!

-vegas

Monday, December 12, 2011

IN THE LAND OF THE BLIND



                      Treat Failure as Information, Not As Emotion.

You stand in a pit where the world comes to do business. In the course of every day, there are going to be winners and there are going to be losers. When you exhibit emotion when you lose, what are you really telling me and the rest of the trading world?

              I leave You To Trade & This Is What You Decide To Do?

The emotion comes from the insecurity in what you just did. Let’s face it, you didn’t have a clue why you bought gold 2 hours ago and your stop was the low of the day and it just got hit; and now we are rallying like there is no tomorrow and you are scared to death to do anything.

If only you had one more indicator, one more news bite, or one more little itsy-bitsy piece of information that could have prevented this. Ohhhhhhh, the heartbreak, and the emotions escape whether you want them to or not.

                 Yeah Champ, That’s The Ticket To Trading Success!!

Rinse and repeat; sooner or later there is no more money.

                        Anybody Can Manage Winning Positions

I remember it well, those 10 days in January [a long time ago] when the S&P 500 futures did nothing but go straight up. I was managing a little over $12 million and the phone calls from people in my funds were coming fast and furious.

“Do something!!”

For 10 solid days, the stock market went straight up, with no corrective action that generated a buy signal for me to initiate a long position. I simply stood there and did nothing.

“He’s crazy.” “He’s lost it.” “The guy has no clue” “Doooooo something!!”

When it did finally correct, it went down and took out 2 weeks of price action in 30 minutes. Needless to say, the phones stopped ringing.

When you know something is the right thing to do, you don’t waver from your trading principles. You don’t buy and sell just because it is something to do. I’m not here for anything other than making money. I have seen too many people trade for other reasons than money. Not here, not me.

Now, I am not so presumptuous to suggest or imply that my way is the only way. Goldman Sachs, JP Morgan, and many other successful traders have their trading algorithms that make them winners as well. Thing is, I don’t see them offering you a place on their team.

In the land of the blind, the man with one eye is KING.

Today’s Action & Wrap Up

We started the day already seeing a bloodbath in the Asian session. What have I preached about stops? Gold went down $15 in about 5 seconds last night taking stops to the proverbial woodshed.

Starting around 6:25 AM [Chicago time], and lasting until 7:00 AM [Chicago time] the algorithm played the “DIP’s” game, darting slightly over and then slightly under the market giving a “sell signal”. Depending on what you did, most probably got short between 1680 and 1681.

However, a clear sell signal came 5 minutes later at 7:05 AM [Chicago time] at between 1679 and 1678. For purposes of recording the algo’s performance, I’m going with 1678, just to frustrate Skeptic Cat and his crowd.

A couple of bars later, the algo appeared to give a bottom; however, as I state in the manual, I’m looking for confirmation after an extended time period or price run. I don’t consider 15 minutes or 4 dollars an extended run for either. If you took profits there, then fine. You had about a $3 - $5 / oz profit.

As the market dived to the 1662 level, I lowered my stop to 1669. I was willing to let the market play games down here, but not willing to let good profits slip away. Twenty minutes later they stopped me out near the recovery high. Ask me if I care about the fill?

Short at 1678 and out at 1669, for a profit on the day of $ 9.00 / oz.

Ka-Chinggggggggggggggg [Again]

Have a good day everyone.
-vegas

Wednesday, December 7, 2011

DID YOU GET THE EMAIL?



                              Uh Ohhhh, What Do We Do Now?

I put an ad out on the internet as follows:

HELP WANTED
$ 100,000 + Per Year
No Experience Needed
You Provide Bus Money
I Provide Everything Else
Very Pleasant Work Environment
8 – 10 Hours / Day W/Many Days 2-5 hours
Must Be Able To Follow Directions
Contact vegas:  vegasxau@ymail.com

Now seriously, how many replies do you think I would get back? Is there enough server space at Yahoo? Bring up trading and you would think Santa had died.

                                         Trading IS Reality

Now, a great many of you have accepted the job offer, and in the last weeks your life has changed. You no longer view markets and trading like you did before. There is a new reality.

                                    My Life Before Trading

I came to trading because I hated corporate Amerika and one look at Bert’s paycheck from 1977 and I was forever a changed person. Because if there is one truth in the world, besides money can’t buy poverty, it is that money = freedom.

Now obviously, I can’t predict how much money you will make for 2 big reasons: 1) I can’t make you follow directions, and 2) I can’t predict the volatility of markets. What I can say is this: unless the world goes back to the 1950’s, and there exists very little volatility in gold and the other financial markets, conditions won’t be present that would prevent you from making a fortune.

Given the financial chaos that exists today, the propensity for Western Democracies [and I use the term loosely] to print money, and the permanent expansion of tensions everywhere, I don’t see a slowdown of volatility any time soon. Yes, I’m bullish on chaos.

                                                 Familiar?

I have been scolded, lectured, and firmly told that it just isn’t possible to do what I have done. Moms [until they convert], university professors [until they want in your funds], family members [until you can loan them money], and significant others [until that first great vacation] vie for that position of sticking their finger in your face.

As you have correctly surmised, I didn’t much listen to any of them.

Today’s Action & Wrap Up

As of 8:00 AM [Chicago time] yesterday, the algorithm is no longer in “sell mode”. Once again, we find ourselves in neutral awaiting a signal for direction.

Other markets, though, continue to profit nicely, and now you know why I’m not a one-trick pony. While gold continues to be my main market for trading, I look at many different markets searching for opportunity. I suggest you do the same.

                   Haaaa !! You Have To Be Losing Money Today!!

One look at the signals from the start of trading today, and you can now understand that when the algorithm goes into neutral there is a very good reason. There were at least 5 buy/sell signals that unless you were extremely nimble, you would have lost money. First and foremost we stay out of trouble. And today’s action very much has trouble written all over it.

So while you were moping around, earlier in the day dying for some action, now I hope you understand that “action” isn’t what we are looking for. I care about profits, and the absolute easiest way to get them on any given day. So when the algo says SIT, that’s exactly what I do. Believe me, I have learned the hard way.

We play on my home field, with my rules, my crowd, and my referees.

Sorry Skeptic Cat, our main priority is prevention of loss. Once that has relatively cleared away, we then look to profit.

So, no trades today with the result $ 0 / oz.

Tomorrow brings another day and another chance of making money.

Have a good day everyone.

-vegas

Wednesday, November 30, 2011

PERCEPTION & REALITY


                                    Perception IS Everything

A few years ago, a fraternity brother from my college days dropped in, and since he was a Major in the US Air Force, he took me up in the F-16 trainer he was flying for the day. We had a blast up at 50,000 feet, but what I remember the most from the experience was experiencing not knowing UP FROM DOWN.

                                      Which Is Up & Down?
                                       [You Sure?]

The fact is, we often mistake our perception of events one way, only to find they are something in reality much different.

Markets present a laboratory of human emotions, endless data streams, and money flows that boggle the imagination. Not only do we have to think correctly, but there is another trading dimension most people give little thought too: timing.

                                   If I Wait I Will Be Rewarded

Meet my little friend “Patient  Bear”. Unlike my pal “Skeptic Cat”, who almost never does anything for fear of fear, Patient Bear knows what he wants and then waits to get it. Both, in reality, want the same thing; viz. something, anything, an algorithm if you will, that will allow them the easiest existence they can muster for themselves. In trading, hopefully you look for the easiest trade to make money.

As humans, we want that same kind of “easy existence”. What holds you back are the perceptions of getting it don’t match up with the reality of achieving it.

Until now!

                                               I’m Waiting

“The Vegas BFSG Algorithm” is FREE. If you wish to send me 5K so you can feel better about it, write me and I’ll let you know where to deposit the money. No other trading professional is willing to do what I am doing. NONE!!

While others reach into your pocket for your credit card, while preaching hypothetical results, I am here to show you how to get the kind of money and income you want from trading.

The response I have received from traders is gratifying, yet at the same time I know there are many of you who visit my website to read the posts, and then walk away wondering if this is for real. All I can say is join for FREE and find out. You don’t have a thing to lose, except the perception that somehow you can’t do it.

Gains today in all markets that trade “The Vegas BFSG Algorithm” were truly staggering. Once again, being on the right side of everything [buy mode] paid off in spades, as the timing kicked in to produce huge gains. Not just in Gold, but everything: oil, stock indices, and currencies [AUDUSD for example].

Today’s Action & Wrap Up

Like yesterday, we came in to the day in buy mode. There were 2 occasions in the wee hours [1:00 AM – 2:00 AM Chicago time] where the algorithm came very close to giving a buy signal. It didn’t happen, so we didn’t get long. The first buy signal in gold came at 3:15 AM [Chicago time] at 1707. Stop on this trade was at 1701.95 which was never hit.

At 5:00 AM, another buy signal from the algorithm at about 1707. Every market soared form there on China news and news from the Fed that they are providing liquidity to Europe. Gold immediately rallied hard up to the 1716 area.

Now, almost as if on cue, and remembering what I said yesterday about “non computable trading”, I believe there was a confirmation top at 1716. However, if you viewed the signal just slightly different than I, you would not have sold and liquidated the position. As I said yesterday, as long as you are consistent there won’t be any problem.

If you stayed long, then you definitely got the sell confirmation a little later at 1736; almost a $30 gain.

For my reporting purposes, I’m not going to exaggerate or embellish what the algorithm can do. It does what it does, and doesn’t need any help in reaching profits. So, a net gain on the day of $ 9 / oz [Realizing that some algo traders got a whole lot more. Congrats if you did.]

Ka Ching!! [again]

Have a good day everyone.

-vegas

Tuesday, November 29, 2011

NON COMPUTABLE TRADING


                                         Truth Is Awesome

Very few endeavors of human activity are as predatory as trading financial markets. Some days you almost feel as if you are on a Klingon battleship destined for glory. Training and discipline are the only things that get you to the next day. Even Klingons know the devil is in the details.

If you think while you trade, you better start reciting, “Would you like fries with that order?”

“But vegas, we all make mistakes; nobody is perfect. I’m bound to screw up once in a while, and I realize this may lead to a loss.” I mean, I’m only human!

There is a branch of analysis in mathematics that deals with problems which are unsolvable, i.e. you can’t find the appropriate formula or formulas for a solution.

The main problem for most traders is that when they start thinking, they don’t realize the ramifications of the problem. You may think you are trying to find a solution to a particular problem, when in fact you are trapping yourself in a non computable trading nightmare that has no end.

                              Let Me Know If This Is You, OK?

You spend hours, days, weeks, maybe even months researching, studying, and trying every technical indicator available on the platform. When it goes bad, and losses mount, you start thinking, “Hmmm, maybe if I put a filter in to get rid of the losses, everything will be OK. [In goes that MACD oscillator] Yup, that fixed the problem. Ohhhhhh, [but the next trade there’s a new problem] Gee didn’t see that loss coming; but no problem, I’ll just find another filter to take care of that. [In goes the RSI] Uh ohhhh ….”

Welcome to non computable trading.

But there are unintended consequences on your trading results because of your new filter that gets rid of the last loss. What if your new filter prevents you from profitable trades over and above the losses you might think you have saved yourself from?

Welcome to the new problem, same as the old problem.

I will give you another example, that I often hear from new traders or those that think the road to riches is paved with predetermined profit points. Let’s say for example that you saw my post regarding the calculations I did for you to get to the point where your trading account has over $1 million. You tell me, “OK, I’m going to take profits every time I’m up $1.50 / oz. in gold.” [Sure seems like problem solved.]

All right, what do you do when the market goes $1.49 / oz. in your direction 3 days in a row before turning against you?

“Well, OK, I’m going to make an exception and start at $1.49 because it’s close enough to what I want.”

Now that you are on this slippery slope of profit erosion, please tell me where you draw the line at slippage?

“Well, really probably at about $1.25 / oz.”

OK, what do you do when you have 5 days in a row where the market goes in your direction for $1.24 / oz. before turning against you? At this point, you are so frustrated you will think the dealers are screwing you and come up with about a thousand conspiracy theories to explain things. Where does this iteration stop? $1/oz? Breakeven? Loss on every trade? I don’t know, you tell me, because you are now trading seat-of-the-pants.

Note: It doesn’t stop when you are trapped in non computable trading!!

As I have repeatedly stated many times, every method, plan, system, or algorithm mankind can dream up has at least ONE [and usually many more] major drawback or limitation that will lead to losses. Add to this, gray areas of implementation and execution that have no solvable answers!

The key to escaping “non computable trading” is TO ALWAYS BE CONSISTENT IN YOUR APPROACH.

I said in an earlier post that “The Vegas BFSG Algorithm” has 8 pieces of information theory coded into it. It was designed so that even if you interpret the code INCORRECTLY, YOUR WORST CASE SCENARIO IS AN OPPORTUNITY COST AND NOT A REAL LOSS. How many of you can say that about your trading? Right, I didn’t think so either.

So you’re sitting there and you screwed up 15 ways from Sunday, and instead of making $12 / oz., you only made $ 5 / oz. Yes, you feel bad, but look at the facts. I can assure you there are many traders that would trade places with you, in a heartbeat, if that was the biggest problem they faced.

The key is consistency in execution. If you treat every unsolvable problem the same way every time, it ceases to be an unsolvable problem. It may still be an unsolvable mathematical problem, but it frees you from thinking and solves the problem [right or wrong] from an execution standpoint. You live with it and move on. End. Of. Story.

Today’s Action & Wrap Up

We started the trading day with the algorithm in buy mode. Trade signal came at 3:10 AM [Chicago time] and about the worst price you could have gotten was 1707. So, I’m going with a long position at that price to be conservative. Right near the end of the up move, NEAR THE TOP, the algorithm gave a confirmation top sell [liquidation] signal at 1716.

Ka- Ching [again].

Gain on the day was $ 9 / oz. [Thank you Mr. Market, have a nice day.]

                          Cheer Up! There Will Be Moves For You

Oh wait, you missed it?

Well maybe you caught the massive up move in the Dow 30, S&P 500, or the Dax30?

No?

Well, I’m sure you caught the almost $1 / barrel up move in crude oil? No again?

                             Skeptic Cat Is Back!
                             Hello, It’s Nice To See You Again!

I’m trying to be there for you Skeptic Cat, but there is only so much I can do. I will leave you with a thought though. With the internet being what it is, and the multitude of traders who are trading “The Vegas BFSG Algorithm” out there making money every day, if it wasn’t everything I am saying it is, what do you think would be floating out there about me right about NOW???????

I’ll be here waiting for you.

Have a nice day everybody.
-vegas


Thursday, November 24, 2011

THANKSGIVING SPECIAL: TRADER’S LIFE PART II


           Skyline Cartagena, Colombia: A Late Afternoon Excursion

It is not only a time to reflect and give thanks, but more importantly it is a time to plan and move forward in your life.

One of my passions in life is sailing. For those of you who have never been sailing in the clear turquoise waters of the Caribbean, Central America, and South America, you have my sincere condolences. It is an expression of pure personal freedom.

                             Sailing The Colombian Out Islands

Unpretentious, non-developed, and a throwback to life 200 years ago, it doesn’t get much better than this when it comes to enjoying a day out on the sails.

                             Passing Another Colombian Island

Drop anchor and do a little exploring and snorkeling, followed by grilling seafood on the beach with your portable hibachi grill. Lunch anyone?

                                 Sailing The Martinique Coast

So breathtakingly beautiful, you almost cry every time you are in it. It never disappoints. When you are here, markets mean nothing; time means nothing; keeping thoughts in your head about anything other than the moment is almost impossible.

                    Off The Coast Of Panama: I Drive, Family Plays

It is all meaningless without God, family and friends in your life. No man should be an island. There is sooooooooo much waiting for you.

If you read my post from the other day, you know about the commuters into Chicago I used to run into on a daily basis on the train. I know some of you are exactly like them; i.e., you don’t think you can, or deserve, to trade and have a real life of personal freedom.

On this day, I emphatically stand up and say, “YOU ARE WRONG!!”


                        You Want This Joker Running Your Life?

When you decide to become a trader, what you are really saying is, “I’m tired of the status quo; I’m tired of listening to others telling me how to live my life; I want and desire personal freedom!”

                        Skeptic Cat Is Back!!
                        Funny What You See When You Look In The Mirror

Ok Skeptic Cat, I know you’re sitting there reading this with that Cheshire grin on your face. I know you better than you know yourself, and one thing I’m pretty sure of is that you know you have absolutely nothing to lose by getting off your furry tail, downloading the algorithm, and changing your life.

There is a “trader life”. First you commit yourself to the process of being a trader: the discipline and knowledge you need to be successful. I provide the knowledge [the algorithm], you provide the discipline to follow it.

Finally, you commit yourself to the implementation of gaining your personal freedom. Now, you can call yourself a professional trader.

No Trading Today

No trading today because of the Thanksgiving Holiday. However, I know you want to see one more pic.

                               Just Another Day In Paradise

Have a great day everybody.

-vegas

Wednesday, November 16, 2011

Gold Is Truth: Everything Else Is A Lie


                                   The Truth Hurts Doesn’t It?

The utter hubris of the political elite around the world knows no bounds. I must admit, I chuckle every time Barry Soetero or Merkozy get in front of a camera and stumble about like a drunk. Where do you find the words today that are different from yesterday, that say the same thing: you’re screwed? 

                                     Your Future Without Gold

Fiat money is created at the push of the monetary button, thus insuring another group of special interests get bailed out with the corresponding return of a vote at election time.

“Let’s see if you can do that with gold?” [I didn’t think so either.]


                        Animal Trader Anthem

Why do different traders, trading the same thing, have such disparate results? Well, some traders are more equal than others. Why?

                              Don’t Come to Wrong Conclusions

In the trading realm, A = B therefore B = A, isn’t necessarily so. This is why it is so important to think about trading away from the action, and why your algorithm will make all the difference in whether you are a pig or a mule.

Today’s Action & Wrap Up

                                 Just Another Day At The Office

About the time I retired for the evening last night, the algorithm turned into sell mode, thus requiring me to initiate short positions. After I got up this morning, and checked the overnight action, the algorithm was still in sell mode. “OK, let’s do some selling”.

The opportunity came at about 7:10 AM [Chicago time] when the algorithm flashed the sell signal. I don’t see how you could have gotten filled any worse than 1772, so we will go with that price for a new short position.

Some time later, we got confirmation of a bottom in prices around 1760. This confirmation I specifically cover in the manual. It was plain as day. In actuality, you should have gotten better pricing, upon exit, than the 1760, but again I want to be totally realistic with my prices.

So, for the day we netted about a $ 12 / oz gain. Ka-Ching.

                      Life Is good: “Honey, peel me a grape will ya?”

So, now your sitting there, and it’s still early in the day, and you figure “hey, I can make a zillion more before the day is out”.

Err, no.

One of the strengths of the algorithm is that it gives you the main move for the day, and then expects you to go live a life.

What are you waiting for?

                       I Am What I Am & Make No Excuses For It

Don’t just sit there and be Skeptic Cat, wondering if it can be for real. See for yourself and download the algorithm. Study it, learn it, and then implement it to trade and make the kind of money you want.

IT’S FREE, WHAT DO YOU WANT FROM ME? With the way your life is going, what have you got to lose? Seriously.

Have a nice day everyone,

 -vegas