Long winded post.
And my official final.
I want to end my social media posting on this and every other site on a high note.
Silence is GOLDEN...
It has taken 8 years and 25k hours of ChART time and billions in trades to learn about every lesson you can in this business.
And to come to grips with who I am as a trader.
I have finally arrived after making and losing millions.
I can sustain my life each and every day trading the markets.
That is the financial peace I have been striving for.
So am I trading this idea? NO! I am trading 1m ChARTs on highly liquid STOCKS with the tightest spread and the highest BETA. Right now that happens to be NVDA. I watch the to 20 highest volume stocks. So if that changes that is my search criteria for an asset to trade.
Once I have that asset the market goes up, down, & sideways. My job is to be on the right side with enough risk to reward to make it worth my time. I have A B & C grade set ups and size accordingly. Searching for the next big thing or trying to grab a piece of everything that's pumping is like playing wack-a-mole... And trading desk know that. That's why they have specific traders. Oil, Natgas, Corn, Copper, Silver, Gold, S&P, NVDA... One trader one ChART...
THEN BE A GREAT RISK MANAGER. WIN 60% of the time with your losers being smaller than your winners. Robotic emotionless trading is the only way to do this. I do it in business everyday. So does Walmart. They buy 5 pallets of bananas knowing they are going to throw 40% away. At my store I know there's some product I'm going to sell at break even or even a small loss. Car dealerships. I mean this is the way of business. You CANNOT win em' all. Except it and move on.
My experience in reading a ChART is my experience. I can't teach it. And truly don't think this can be taught perse. It has to be earned. And you have to lose to know how to win... You can take tidbits from people. But until you see and believe yourself. There really is no other way.
So I know those who are reading this post who have been reading my posts for 8 years are saying. Fink... You said this was going to happen since 2018... And you would be correct. I have been wrong for 7 years. But you don't know what you don't know.
But then you know. And now after reading ChARTs for the better part of a decade. And making HUNDREDS of trades a day over the past 4 years. The ChART I thought was building was in fact doing just that. But I hadn't seen enough candles print to understand when and why...
The time is nigh... With this Quarterly Bearish Divergence and ALL the oscillators in reset mode.
And the buying volume heading down for the last decade while we just had a tick higher read and it's "you guessed it" SELLING volume. Which WILL ONLY INCREASE over the next 7 years IMHO until it reaches at least as high "IF NOT HIGHER" than the 2008 bottom.
There is NO path higher...
Fundamentally. This is my opinion of why. Opinions are like assholes. Everyone has one and some are one... Don't be the latter.
Trump if anything has been UTTERLY CONSISTANT in ALL public opinions about America being bent over the barrel with no lube since FOREVER on trade...
This Tariff debate isn't even debatable when the facts are laid out.
Bottom line. EVERY modern American President before Trump. Was an asset of the global elite system. Even Reagan who basically funded the drug trade through the CIA Contra involvement while his wife led a bait and switch campaign about "Just Saying No". But there is a key link...
George H. Bush... The former HEAD OF THE CIA from 1976 to 1981 "CONTRA LINK"... To the VICE PRESIDENT from 1981 to 1989 "WHILE THE CRACK COCAINE EPIDEMIC IN AMERICA WENT RAMPANT" that's NOT a coincidence... Then to the President From 1989 to 1993. Clinton was next...
What did he sign into law? NAFTA! Once you understand how insidious this was and the lies and confusion about the topic that are spewed from the lame stream teleprompter media outlets actually are. You can connect the dots as to why we are where we are and what HAS TO HAPPEN for America to continue and the people of America to succeed. And succeed WE THE PEOPLE WILL....
Trump is 100% correct in forcing this nefarious one sided free trade agreement to be TWO sided if there were to be actual free trade. You see CRONY CAPTALISM is what America has had for 30 years. Not free market Capitalism. We have the type of Capitalism that enriches politicians through back room business deals. You see you had Corporations that were being forced by labor Unions to pay exuberant wages. Why if we could go to these other countries and hire these people for pennies on the dollar as American workers. Then our BOTTOM LINE and STOCK prices rise. Here's some shares for you for your support in writing laws that make this happen. The most recent example of this is MRNA. Hey were going to run a COUP on a current sitting US President and steal an election through voter fraud and mail in ballots and get the benefit of population reduction since were all Malthusian occultist. We can then force a vax on the public. Here's some $4 stock that went public 1 yr before COUP-VID19 was released. Now we have a mandated customer base. What's better than that. The GOVERNMENT pumping yours and their bags to $400 so we all can dump it... Once again I digress. But this IS how this is... This on top on FRAUD like USAID... Man they have a good deal. No wonder why they are screaming. Their free lunch is ending...
What's this have to do with free trade? Bill Clinton signed NAFTA into law to enrich himself, his family, his friends and impoverish Americans. He has a very successful history of doing just that. All while being a pro Union guy... Talk about a bait and switch. Pay these people what they are worth. But hey businesses move out of the country and import here for free. Talk about incentivizing the demise of America. On top of the GLBA that forced banks to give out loans to unqualified buyers which bid the housing market up to insane levels which caused the subprime loan debacle during the GFC era. While his business buddies made of like bandits and WE THE PEOPLE BAILED THEM OUT...
Then you get Obama and the whole fundamental transformation of America under the guise of critical race theory and DEI... FED money printing... We are sitting on a house of cards.
Carter even had his hands in it with the Community Reinvestment Act...
Now to fix this you have to go through pain to grow back new. If you want to get bigger muscles=pain. Grow fruit=prune... You have to cut these dead policies to grow back better.
Reciprocal trade is the only Trump Card to play. What's so disingenuous is the controlled media spin that Trump is just Tariffing to Tarif. It's a pretty easy math problem. If our labor rate is $35 an hour. And there's is $1. And other countries can import here for almost nothing. While we are charged up to 200%. What does that do for the Americas worker? Puts them at a HUGE disadvantage.
EVERYTHING ELSE HAS INCREASED EXPONETIALLY...
Asset prices, homes, vehicles, healthcare, literally everything. And it doesn't effect the benefactors of these policies. Actually they get richer and the poor get poorer. That is what G.H. Bush, Clinton, Obama, and Biden did for the world.
Trump is the only modern day President that has LOST billions to serve his country.
The only way out is through... We have to erase the gains of ALL markets leveling the wealth gap created by these policies. The stock market. The housing market. The vehicle market.
They will ALL CRASH!
Wages will stay the same and may get better. Household good prices will stay the same because cost of production and labor will increase as we bring jobs back home. RECORD PROFITS from slave labor and unfair trade deficits will end as they should. Which will bring down the higher end of the wage scale and up the lower. and bring the middle class back into control... This will take a decade and beyond.
With all that being said.
The S&P has the potential to go to $450...
Sounds crazy.
But VERY PROBABLE AND POSSIBLE...
90% correction is healthy. I didn't say it wouldn't be painful... But fasting cleanses the system does it not?
This ChART will stay right here at the top of the my page...
The ChARTist formerly known as BitFink here on TradingView.
I am grateful for this site and will continue to use it in m everyday trades indefinitely.
But this is my last shout out on it...
Sayonara!
Press play in 2030!
And my official final.
I want to end my social media posting on this and every other site on a high note.
Silence is GOLDEN...
It has taken 8 years and 25k hours of ChART time and billions in trades to learn about every lesson you can in this business.
And to come to grips with who I am as a trader.
I have finally arrived after making and losing millions.
I can sustain my life each and every day trading the markets.
That is the financial peace I have been striving for.
So am I trading this idea? NO! I am trading 1m ChARTs on highly liquid STOCKS with the tightest spread and the highest BETA. Right now that happens to be NVDA. I watch the to 20 highest volume stocks. So if that changes that is my search criteria for an asset to trade.
Once I have that asset the market goes up, down, & sideways. My job is to be on the right side with enough risk to reward to make it worth my time. I have A B & C grade set ups and size accordingly. Searching for the next big thing or trying to grab a piece of everything that's pumping is like playing wack-a-mole... And trading desk know that. That's why they have specific traders. Oil, Natgas, Corn, Copper, Silver, Gold, S&P, NVDA... One trader one ChART...
THEN BE A GREAT RISK MANAGER. WIN 60% of the time with your losers being smaller than your winners. Robotic emotionless trading is the only way to do this. I do it in business everyday. So does Walmart. They buy 5 pallets of bananas knowing they are going to throw 40% away. At my store I know there's some product I'm going to sell at break even or even a small loss. Car dealerships. I mean this is the way of business. You CANNOT win em' all. Except it and move on.
My experience in reading a ChART is my experience. I can't teach it. And truly don't think this can be taught perse. It has to be earned. And you have to lose to know how to win... You can take tidbits from people. But until you see and believe yourself. There really is no other way.
So I know those who are reading this post who have been reading my posts for 8 years are saying. Fink... You said this was going to happen since 2018... And you would be correct. I have been wrong for 7 years. But you don't know what you don't know.
But then you know. And now after reading ChARTs for the better part of a decade. And making HUNDREDS of trades a day over the past 4 years. The ChART I thought was building was in fact doing just that. But I hadn't seen enough candles print to understand when and why...
The time is nigh... With this Quarterly Bearish Divergence and ALL the oscillators in reset mode.
And the buying volume heading down for the last decade while we just had a tick higher read and it's "you guessed it" SELLING volume. Which WILL ONLY INCREASE over the next 7 years IMHO until it reaches at least as high "IF NOT HIGHER" than the 2008 bottom.
There is NO path higher...
Fundamentally. This is my opinion of why. Opinions are like assholes. Everyone has one and some are one... Don't be the latter.
Trump if anything has been UTTERLY CONSISTANT in ALL public opinions about America being bent over the barrel with no lube since FOREVER on trade...
This Tariff debate isn't even debatable when the facts are laid out.
Bottom line. EVERY modern American President before Trump. Was an asset of the global elite system. Even Reagan who basically funded the drug trade through the CIA Contra involvement while his wife led a bait and switch campaign about "Just Saying No". But there is a key link...
George H. Bush... The former HEAD OF THE CIA from 1976 to 1981 "CONTRA LINK"... To the VICE PRESIDENT from 1981 to 1989 "WHILE THE CRACK COCAINE EPIDEMIC IN AMERICA WENT RAMPANT" that's NOT a coincidence... Then to the President From 1989 to 1993. Clinton was next...
What did he sign into law? NAFTA! Once you understand how insidious this was and the lies and confusion about the topic that are spewed from the lame stream teleprompter media outlets actually are. You can connect the dots as to why we are where we are and what HAS TO HAPPEN for America to continue and the people of America to succeed. And succeed WE THE PEOPLE WILL....
Trump is 100% correct in forcing this nefarious one sided free trade agreement to be TWO sided if there were to be actual free trade. You see CRONY CAPTALISM is what America has had for 30 years. Not free market Capitalism. We have the type of Capitalism that enriches politicians through back room business deals. You see you had Corporations that were being forced by labor Unions to pay exuberant wages. Why if we could go to these other countries and hire these people for pennies on the dollar as American workers. Then our BOTTOM LINE and STOCK prices rise. Here's some shares for you for your support in writing laws that make this happen. The most recent example of this is MRNA. Hey were going to run a COUP on a current sitting US President and steal an election through voter fraud and mail in ballots and get the benefit of population reduction since were all Malthusian occultist. We can then force a vax on the public. Here's some $4 stock that went public 1 yr before COUP-VID19 was released. Now we have a mandated customer base. What's better than that. The GOVERNMENT pumping yours and their bags to $400 so we all can dump it... Once again I digress. But this IS how this is... This on top on FRAUD like USAID... Man they have a good deal. No wonder why they are screaming. Their free lunch is ending...
What's this have to do with free trade? Bill Clinton signed NAFTA into law to enrich himself, his family, his friends and impoverish Americans. He has a very successful history of doing just that. All while being a pro Union guy... Talk about a bait and switch. Pay these people what they are worth. But hey businesses move out of the country and import here for free. Talk about incentivizing the demise of America. On top of the GLBA that forced banks to give out loans to unqualified buyers which bid the housing market up to insane levels which caused the subprime loan debacle during the GFC era. While his business buddies made of like bandits and WE THE PEOPLE BAILED THEM OUT...
Then you get Obama and the whole fundamental transformation of America under the guise of critical race theory and DEI... FED money printing... We are sitting on a house of cards.
Carter even had his hands in it with the Community Reinvestment Act...
Now to fix this you have to go through pain to grow back new. If you want to get bigger muscles=pain. Grow fruit=prune... You have to cut these dead policies to grow back better.
Reciprocal trade is the only Trump Card to play. What's so disingenuous is the controlled media spin that Trump is just Tariffing to Tarif. It's a pretty easy math problem. If our labor rate is $35 an hour. And there's is $1. And other countries can import here for almost nothing. While we are charged up to 200%. What does that do for the Americas worker? Puts them at a HUGE disadvantage.
EVERYTHING ELSE HAS INCREASED EXPONETIALLY...
Asset prices, homes, vehicles, healthcare, literally everything. And it doesn't effect the benefactors of these policies. Actually they get richer and the poor get poorer. That is what G.H. Bush, Clinton, Obama, and Biden did for the world.
Trump is the only modern day President that has LOST billions to serve his country.
The only way out is through... We have to erase the gains of ALL markets leveling the wealth gap created by these policies. The stock market. The housing market. The vehicle market.
They will ALL CRASH!
Wages will stay the same and may get better. Household good prices will stay the same because cost of production and labor will increase as we bring jobs back home. RECORD PROFITS from slave labor and unfair trade deficits will end as they should. Which will bring down the higher end of the wage scale and up the lower. and bring the middle class back into control... This will take a decade and beyond.
With all that being said.
The S&P has the potential to go to $450...
Sounds crazy.
But VERY PROBABLE AND POSSIBLE...
90% correction is healthy. I didn't say it wouldn't be painful... But fasting cleanses the system does it not?
This ChART will stay right here at the top of the my page...
The ChARTist formerly known as BitFink here on TradingView.
I am grateful for this site and will continue to use it in m everyday trades indefinitely.
But this is my last shout out on it...
Sayonara!
Press play in 2030!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.