Psychology
Trading habits that lead to SUCCESS...Plan for success but have no expectations... A lot of trading emotion comes from expectation. Traders expect the next trade to be a winner, they expect this month to be profitable, they expect the USD to become bearish, etc, etc. Having no expectations can really help to reduce trading emotions. Obviously, you should still stick with a strategy and do all you can to BE success, just don't expect to succeed.
Success will come as you unemotionally stick with a strategy that gives you an edge. Success comes from trading your strategy with consistency, not be giving-up when expectations are not met.
Trading habits that lead to SUCCESS...Keep yourself busy between trades... Work, run a business, study or play video games. Being busy between trades will help to keep your mind occupied and your emotions focused on something else.
As soon as emotion becomes involved in trading, everything will go pear-shaped.
Rhymes and Rhythms. What's your strength? HBAR:BTC As a Trader it's important to know your strengths... & your weaknesses. When you're self-aware you have no more excuses. It's not the markets fault, it's yours. Own it. And work on getting better tomorrow than you were today.
My trading personality is:
A "Patient Gem Fossicking, Value Investing, Swing Trader, with a specialization in capitulation."
Identifying the following strengths and weaknesses is how I came to understand what my trading personality is. What's yours?
My strengths:
I trade better looking at 'the bigger picture' (1 day bars plus)
My best trades come during capitulation (for entry's and exits on long term swing trades)
Ability to get big in my best setups (having confidence in my analysis allows me to comfortably get in with size)
I have excellent visual 'pattern recognition' (allows me to identify patterns that others often miss)
I am extreemly patient (can sit in front of the screen, analyze the carts and not take a single trade for months)
My weaknesses:
Short time frame scalping (Too much information to process & patterns are less reliable)
Holding trades that go against me because "I really like the project" (next minute f**k it... guess I'm an investor now)
Incorrect position sizing (Incorrect risk in some shitcoin trades)
Not entering and exiting trades correctly (Often 'all in' & 'all out' in one go)
Trading setups that aren't my best
The reason for sharing some of my strengths and weaknesses is to get you thinking about what yours are. A good way to identify them is to create a 'playbook' of your setups. Record your trades in a journal as they happen. Review your winners and losers daily. Analyze yourself. What did you do well and what could you improve on? Once you know what your best & worst setups are, you can work on reducing your least profitable trades and start taking more of your most profitable trades. Journaling will also help you identify any good and bad habits you may have. When you have a good idea of where your best trades are, the next step is to learn how to get bigger in these 'best setups'. If you're interested in learning more about this process I highly recommend reading "The Playbook" by Mike Bellafiore. If you're struggling as a trader, the answers to most of your problems are in that book. Good luck!
Oh and as for this HBAR:BTC chart.. They say history never repeats, But it defiantly seems to rhyme. One of my strengths is 'pattern recognition' and it looks to me like a moonshot is incoming for HBAR... Just saying.
Can this pattern fail? Absolutely. Am I in this trade? Definitely.
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
HOLO Work of a major market participant in the downward channelThe chart shows the logic of a large market participant in a descending channel using the Holo (HOT) coin as an example. At the moment, 103rd place in terms of coinmarketcap capitalization.
Everything is shown in detail and described on the graph. Remember, with the correct understanding of the work, the one who adapts always has the opportunity to earn much more in% ratio for the one who controls the price.
Be less greedy for others and, as a result, you will be an order of magnitude richer.
Forget once and for all the fairy tales of widely circulated books on the topic of trading for the management of the masses, that the totality of actions of small market participants direct the price. This is only partially true. Manipulative substitution of concepts. Small market participants (fuel of price movement) are always directed to make certain price movements depending on the desires and rationality of the actions of a limited small number of market participants.
The bulk of market participants always lose, it's only a matter of time. If these characters of the trading game win, it is only in order to fulfill the unconscious task of the minority. There are basic management tools in trading borrowed from the religions of controlling the masses through instinctive weakness and fear. Money and the desire to own it is the most powerful religion. The weaker the participant in the trading game and the less prepared he is, the more his desires are inflated. This is used in their management. The crypto market is a controlled horde of very poor and greedy people. The low threshold of "entering the market" makes it possible to pump into it a lot of rapidly burning "fuel" (weak market participants).
Playing along with the crowd in what it believes in and what it wants, the illusion of understanding the ongoing process is created. The task of large market participants is to further raise the price for the euphoria of small participants (decrease in the number of sales, growth of faith in the "retention" of the traded asset, growth of faith in TA rules). The end result is always the same, regardless of the instrument being traded and the market. Most always lose.
Wake up from the imposed programmed illusions of algorithmic behavior in the market by the rules of the minority.
Check out the attached trading ideas. Also I have over 50 trading / learning ideas on this site. I show all training on a live chart on my trading ideas, I have no wangs and witchcraft of success in the history of the chart. Develop, acquire knowledge and experience. Upgrade them for real trade. Less theory, more practice. Theory without practice is zero.
Trading is a higher psychology, understanding the desires of people and as a result of their future actions using numbers and a graph without contact with people themselves. Pump your mind and collect experience
Bitcoin ST Update (March 10th 2021)Bitcoin/USD rate (March 10th 2021 through April 1st 2021)
Low: $53,321
High: $85,174 - $85,688
It looks like we have about 6-8 more weeks of bullish moves left.
Next significant targets are as follows:
From current price of $56k, up to $85k, correct down to $63.3k, and then right back on path towards $122k and $188k. I believe this run could last until about April 13th/14th 2021 before the real bear market could start for a couple years. October 2021 looks like it could yield another leg of a crash.
The paths I've drawn here are just to serve as a general trajectory for what levels bitcoin could fluctuate within. I believe bitcoin can hit $80k within the month, by at least March 22nd, and then hopefully the $85k target will happen by March 26th. Bearish reaction for a few days down to $63k, and then bounce back up to new ATHs and continue on towards $120k and $188k in April. That's only if everything continues to ramp up even further, going "parabolic," etc. This could be the very last phase of the bull market, but it definitely looks like profit could come easy before we turn around.
I based this forecast off of past history and fractals in combination with where I believe the true fibonacci levels are sitting right now. With the fractal included, it brings me to expect $188k levels at the end of this run. I could be very wrong but I will still be watching closely and trying to update this as we go.
Related ideas that led to this conclusion included below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Gold analysis (09.03.2021) - "End of correction?"Hi all
Very interesting place for GOLD. After quite positive news with vaccinations, GOLD as a safe-haven asset lost its growing momentum and experienced correction that as for now stopped at the psychological level of 1700 and Fibo 61.8 which are main arguments to possibly go long over here.
Feel free to comment, give your thoughts. Would appreciate it if you like it!
Disclaimer!
This post does not provide financial advice. Always do your own analysis. Be aware that only you are responsible for your trades. Trade safe and keep in mind the risk!
Trading Habits that lead to SUCCESS... Have a trading schedule. Start, finish and check the charts the same time everyday. Many new traders never develop a trading routine. This leads to them checking the charts too often or having long breaks between trades.
[Market Breakdown 5] CHFJPYYou can see that we are currently sitting around a major Sell region.
We have received a Double Top formation.
We have received a solid Bearish candle.
We have received a Monthly -68 Fib completion.
These are all nice indications for a possible short set-up.
Trader Psychology --- Can a Trader Take Drugs? No.
Trading is a stressful job. When in a trade, you can have difficulty sleeping soundly and enjoying your free time. And I believe a lot of inexperienced traders maybe tempted to turn to drugs in order to cope with the stress and anxiety----as a kind of temporary escapism from the anxiety.
Drug taking for this reason is a bad idea, and if you start dabbling with drugs then you should correct your lifestyle, or change jobs. I believe you can't be a good trader and take drugs because drugs alter your state of mind and thus your perception of the markets. Drugs cause euphoria and other chemical highs that may encourage stupid risk taking, which is deadly in the markets.
If you feel anxiety?
You should chart out a trading plan and ideology, and use stop losses. I often don't use stop losses, but if I'm anxious about a trade, I use them. They certainly help to reduce anxiety. If your timeframe is long, you might implement a stop loss after a profit is secured, so you can step back and let the instrument run, and then periodically move the stop loss.
The only intoxicant I find improving of my trading is red wine and brandy. Red wine makes you drowsy and you sleep better, and a finger of brandy before bed often encourages nice dreams. Red wine is also a depressive, and a depressed alcoholic should easily out-trade some drugged-up hoper.
⭐ PSYCHOLOGY of TILT⭐ ⭐ LOSING TILT ⭐Hi, My friends! Let's go Forward to knowledge💪🏻Today i made psychological EDU post for You😊
Psychology of Tilt: Losing Tilt
Reaction 1. The desire to recoup with increased risk
It's difficult to find a market player, who has never had a strong desire to recoup and didn't go on rash actions because of this.
When we using the term "tilt" most often we mean precisely this reaction. We can say, that it's the main variety of tilt. And that was given the greatest attention in scientific research, including the desire to recoup is the basis of pathological gambling.
Among the factors contributing to the emergence of the desire to recoup can be identified:
📌- Dispersion of the game
📌- Bet size
📌- game speed
📌- Frequency "near misses"
The last factor needs clarification. “Near Missing” (near misses) is the outcome of a bet in which the player was defeated, but was close to winning.
“Near misses” are less pleasant for a person, than losing without a chance of winning, but at the same time cause a desire to continue the game.
1. Explanation through the theory of perspectives
According to this theory, the function of the subjective value of wins and losses has a specific form, and after losing a person falls into that area of the function, which is characterized by a desire for risk. This is easier to show on the chart.
Suppose, after losing, the player gets to point A.
Due to the features of the left side of the function, any further loss (further movement to the left side) will have less subjective significance for it than a gain (reverse movement to the right side) of the same size. And since potential gains become more significant than potential losses, the desire for risk increases.
This function of subjective value is an empirically established pattern.
Features of the perception of losses and wins are also characteristic of a person's perception of other phenomena.
In other words, a person’s perception of gains and losses in the manner described by them is simply a property of the human psyche. Thus, the desire for risk after losses caused by such a perception is also simply a certain basic characteristic of a person.
2. Explanation through a player error.
Player error is a common misconception in understanding random events. A person who is prone to this error believes that the more often a random event occurred in the past, the less likely it will happen in the future and vice versa. This mistake is based on the belief that random manism should not generate extended series of the same type.
Due to this mistake, the player after a series of failures will consider that the probability of his future wins has increased and as a result will continue the game with special persistence.
It is difficult to argue that the player’s mistake contributes to the desire to recoup with an increased risk.
3. Explanation through the threat of "I".
The emerging threat of "I" causes various protective reactions. One of these defensive reactions is the desire to recoup with increased risk: quickly returning the lost money, the player will retain the idea of himself as a fairly strong plus player.
It is also worth considering that the threat of “I” is a well-known trigger of anger. And anger mobilizes a person’s energy, instills in him a feeling of confidence and strength, and prepares for an attack.
Summing up the consideration of various approaches to explaining the desire to recoup with an increased risk, it is worth noting that these approaches are not mutually exclusive. They rather complement each other. In other words, most people may indeed have some basic tendency to increase risk after losing, which is reinforced by the player’s mistake and perceiving the loss as a threat to “I”.
Reaction 2. A sharp risk reduction
Not all players are characterized by an increase in risk after a significant loss. Having suffered serious losses, some traders can continue trading, but use only the most reliable strategies,
Speaking about the desire to recoup, they almost always assume that this desire is associated with increased risk. However, it is important to understand that lowering the risk does not necessarily mean a complete rejection of attempts to recoup.
A reason for avoiding risk after a defeat may be a hot hand fallacy error. A “hot hand” error is another misconception in understanding random events. The essence of the error lies in the fact that after observing a long series of events of the same type, people cease to believe in random outcomes and predict that a series of events of the same type will continue.
As a result of this mistake, a player after a series of defeats may begin to think that under the circumstances, his chances of winning are objectively underestimated (“they started a twist against me”) and make a logical decision about the need to reduce the risk.
I hope you enjoyed my post. I tried hard for you💋
Stay with me😉
Love you♥️
Your Rocket Bomb🚀💣
Trading Habits that lead to SUCCESS...Check open positions less frequently...
Once you've opened a trade, leave it. Don't watch the movement and close of every candle, this will lead to the trade becoming emotional, which spells DISASTER.
If you swing trade, then checking trades 1-2 times a day should be fine. If you day trade, then checking open positions once an hour should be adequate.
Anything you can do to make trading less emotionally challenging is a must!
BTC See you at 16k Hello dear friends , nobody wanted to accept the reality yesterday the discoball was shining see my previous idea as i stated was time to stop the show and back home big fomo in mass media dumb journalist entering is first future on btc at 50 k .A digital hope more expensive than phy Gold , not the time yet and probably not in this life (mine)! So enjoy this opportunity to buy more bitcoin between 20 -16k could be under 10 k let see , just prepare your ammo , take a deep breath , btc need to breath the rally since 10k is not very very clean , stay safe .
Follow me and hit the like , my previous chart is gold , do not believe the hype .
FOMO still hold around 50 k Do not fall in the trap they want to believe in the legend this is the best way for large holder to sell discretely easy instead of big bag who would crash the game faster and create panic sell , all the fake trader entertain the legend and fake mantra here and on social network . That is is a shame that you know how to deal with Fibonacci and you do not take a minute to understand the world you live in . Lazyness of the mind and greed are you worst enemy's in this life , so let greedy people buying air at 50k , block chain is a revolutions' for banking system and network security that is all , most developed country use digital payment this is called visa , put you feet on the ground sometime people, tulips are great to make profit for a better life hope you understand me , without crystal guidance in this world you ll be eaten predators are everywhere . Take my words as the TA of your life .
3 techniques that will take your trading to the next levelHello traders,
In this post I will briefly overview three important techniques in psychology of trading:
- IMMERSION
- EMOTIONAL REPROGRAMMING
-ATTITUDE OF GRATITUDE
Consider these three point, practice them every day. You don't have to spend plenty of time on these - at least half hour per day. Your psychological aspect and overall understanding psychological level of trading will shift and you will become better.
Remember, consistency is they key no matter what.
Good luck.
Trading with WRONG expectations... #1Almost all traders understand the concept of a drawdown - a period of loss making. A trader is not going to have a 100% trade win rate - there will be losing trades - and there will be times of consecutive losing trades.
For some reason, despite understanding this concept, many traders don't ACCEPT this concept. Let me explain... As soon as a trader hits a drawdown, the reaction is panic or discouragement. The following statements could flood the mind of the trader...
'The strategy is not profitable anymore'
'I need a more profitable trading strategy'
'I am going to lose too much, so I will reduce my position sizes'
'I need to increase my position sizes to win back these losses'
'I am so angry, I am going to risk all that I have left in my account'
In other words, the trader becomes emotional and let's his emotions determine his trading decisions. This will always result in long-term failure.
Conclusion... Accept that drawdowns will happen and expect drawdowns to happen, because they will happen!
BTC - How to survive the dropHere is a quick update on BTC to help you understand how to deal with these drops, which can be tough mentally!
Whenever you see a big drop, ZOOM OUT!
As simple as it may seem, it works wonders.
As we can see here, we have had several dips, this dip, although this one being aggressive, it is nothing we haven't been through before.
When the panic sets in, ZOOM OUT!
These corrections are healthy and provide longevity to the bull run.
Yes, this is a bull run!
ETH - How to survive the drop Here is a quick update on ETH to help you understand how to deal with these drops, which can be tough mentally!
Whenever you see a big drop, ZOOM OUT!
As simple as it may seem, it works wonders.
As we can see here, we have had several dips, this dip, although this one being aggressive, it is nothing we haven't been through before.
When the panic sets in, ZOOM OUT!
These corrections are healthy and provide longevity to the bull run.
Yes, this is a bull run!
The Collective Unconscious, the Artist, and Bitcoin-- Warning --
Big post inbound!
The most important piece I ever wrote.
-- Warning --
Paradigm shifts may occur in reading this piece. Please know it comes from a sincere heart, and even if I am wrong - just know it comes from a place that deeply cares and loves you dear reader.
This content has nothing to do with Technical Analysis or Fundamental Analysis . Although it has everything to do with what made me go ALL-IN on crypto last year, and why I am still 100% long and have not taken any profit off the table yet.
What I can say is that this is one of the most important ideas I have ever wrote, and I am pulling it from my deepest core of being. Please enjoy.
Introduction:
It was through observing the fine art market evolving in this latest era and its themes touching on augmented reality and crypto I pulled the trigger on accumulating as much ETH and BTC as I could last year, to the absurd point of only having $800 left in my checking account. Gentleman I went all in, and yes you know I adore technical analysis and that had good underpinnings along with all the fundamental analysis I shared - but this is why I went all in with full risk.
I have attempted to explain the psychology/philosophy of what I observed and am largely falling on deaf ears so I figured for the brave of heart a lengthy explanation making a case for how the artist predicted the future of what would happen with Bitcoin /Eth, just as they have always done for millennia. In the Eastern World this content will be much better received as I fear the rampant marketing and trivial and toxic entertainment has turned consciousness off a bit in the Western World where my heavily cited and important points may look fringe, but are entirely steeped in reality.
I do not want to come off combative, nor do I want to sound woo-woo. This content was not written for those entrapped in fundamental beliefs. I respect you and what you believe and am well aware you deprive deep meaning from them that, as far as I am concerned, I am not trying to upset you or write this love letter to you. I am not trying to debate, or change anyone's opinions, I strictly want you to jump in my head if you dare and hopefully provide some enlightenment for the openminded. I'm ok if you disagree, in fact that is healthy, but please be sure to read my citations first before arguing.
The Collective Unconscious, Artist, and Bitcoin
For the intellectual not afraid to trailblaze into truth, this dear friend is a love letter for you.
If one embraces being steeped in the two greatest humans to ever live: Nietzsche & Jung - you discover their observations of the collective unconsciousness and its relation to artist especially.
The collective unconsciousness manifest itself in many ways, an example is the collective work that has outlived kingdoms and civilizations and influenced men to behave as saints and monsters - the Bible is one wonderful example of the collective unconsciousness. (35-40 authors written collectively in a span of 1,500-2,000 years with radical & various ideologies interpreting the collective work differently & pulling similar and different values out of it. With collective decision makers, not the authors themselves adding and removing books from the Bible during its various cannons throughout history.) With people wrapping their entire identity and decision making, and values entirely based off interpretations of others of the collective and their thoughts of the meaning behind the collective text.
The internet certainly is an alternative manifestation of the collective unconsciousness. We are creating something beautiful and terrible, ordered and chaotic, similar to ants collectively building ant mounds - each of you are nodes in this machine. And this entity will live on far longer than us dear friend.
Carl Jung taught us that the collective unconscious possesses individuals with various archetypes that then dictate the behavior of the collectives' proxy "flesh body". This is indeed much more pronounced when people are not self-aware, as they will be piloted much more on autopilot. It is not a good or bad thing, it is frankly being human and different archetypes possess the avatar of the collective at different times. This process is very similar to anima/animas possession as well. So, moving forward, I want to focus now on one archetypal character specifically - the artist.
What I would venture is that the creative possession within artist of this latest era, manifest reality in advance, the reality of what the collective is to yield in the future. Artist get possessed by their “daemon.” Many of our greatest minds were aware of the daemon including Socrates, Nietzsche, Jung, Gothe, Schopenhauer, Picasso and many more. (Citation below) This daemon uses the human vessel to create the greatest achievements of humankind. The daemon is a manifestation of the creativity of the collective unconscious pouring itself into creating a meaningful work of art - something that actually matters. If you live your life with meaning and purpose and you listen to your consciousness you as well can do something wonderful for mankind. Something that aids the collective/society/culture as a whole, and the artist foreshadowing in particular enables society to prepare and brace for great or terrible change. Life is dynamic, and just like the stock market it is continually in a state of change.
The daemon now my friends on a collective scale when viewing radically different artist working in different genres is fixating on crypto/augmented themes. The collective unconscious is using the artist to prepare us for great change.
"In all chaos there is a cosmos, in all disorder a secret order. Every civilized human being, whatever his conscious development, is still an archaic man at the deeper levels of his psyche" - Carl Jung
Living in a state of ‘being’ – one of embracing the dynamic changing nature of life is not common, so the artist prepares those around who are embodying other archetypes. There are well documented examples of this by Carl Jung particularly in the forward of "The Red Book"
The application to here and now and to us as investors, traders and fathers and sons is that if you scour the fine art auctions the daemon is possessing the artist collectively now into yielding symbolism of Bitcoin and Ethereum in poetic and providential (collective) esteem. Examples will be cited in a separate section below. I am **NOT** advocating purchasing these works or trying to market them and these auctions are already are closed, I am simply trying to bring awareness to the new Fine Art era themes, art has evolved and is telling us an important truth if we listen and looking and feel closely.
This shocking revelation, that the collective was indicating through artist that crypto is coming, impacted me to my core far more than the technical & fundamental analysis , this was one of the upmost influential voices in my consciousness when I decided to rotate every penny I owned into crypto last year - prob driving my saint of a wife a little crazy with me -thinking I was a madman. Then again, she is well aware of when my daemon strikes and still loves my ‘crazy’. As the daemon is me at my true form. The daemon is the embodiment of our soul.
The creative daemon (again not demon) possess the artist to such an extent that until the creation is manifested the daemon will not let up. As the daemon is actually what that person truly is – it is their true ‘soul’ it is their purpose. Together we can observe the daemon has been possessing the creative artist collectively and the theme of this entire era in fine art is crypto. The symbolism has deep meaning, and the artist are willing into being a force they are not even largely self-aware of. Perhaps I am wildly wrong, but I sincerely believe this - as I can observe the manifestation of it.
To say this topic is deeply meaningful is a large understatement – as I am talking about MEANING itself and what the subjective state of being human even entails.
Sadly, only a small fraction of ppl will be aware of what I am even talking about or will appreciate what I am trying to communicate. I view them with empathy but just as they are slaves to their unconscious mind, the best modus operandi in tackling your own daemon if you can hear it – is to bend the knee. Not trying to sound preachy. I say this because I love you dear friend. But be a vessel of great cause and meaning in a world full of suffering and chaos. We are all nodes in a vast network and what you do, and what you say has deep meaning. Try to ease the suffering of others and listen to that voice of reason inside of you, and then let go of the wheel and trust your true self – the daemon. I am sure we can all relate to those moments of flow states where you awake out of the trance having built something glorious and meaningful and you wonder where and how it came out of yourself. Tap into that regularly and exercise it just like you exercise other muscles.
Books will be written on this someday and new jargon will be necessitated to describe this new era of art and consciousness. This will be magnified when man eventually merges with tech with faster inputs (like Neuralink), rather than this current archaic tech of phones and pc’s when we are chipped the processing power will be far superior and the content and expressions ever greater. We will eventually merge with the collective unconscious through the internet, and we will build something glorious. I would even anticipate that we will get to the point where the inputs into the collective unconsciousness will enable us to upload our consciousness directly into the metaverse where we can live on & on till our host star dies and we rotate autonomously to a new one.
Just as Nietzsche and Jung stated- man has evolved over millennia, we are not done our evolution yet. And we have base impulses from our days in lowlier states, as Jung as has proved the shadow archetype is within us all and is a friend & foe. The simplest scientific fact check of this continual progression of evolution is just simply researching the Flynn Effect.
In summary, the general jist is an artist has free will sacrificed to his creative consciousness (again Socrates, Schopenhauer, Sartre, Camus, Jung, Nietzsche call it the Daemon). The creative force is a manifestation of the collective unconsciousness and manifest truths far deeper about the human state of being than one gathers from the sources of media of the herd: television, pop music - etc.
My final comment to you who have had the courage to venture this far, “To die is to go into the Collective Unconscious, to lose oneself in order to be transformed into form, pure form.” - Carl Jung
A beautiful quote and a theme we can observe in every single mythology from the Samarians, Mesopotamia’s, Egyptians, Norse, and the Greeks – the image of the phoenix dying to itself in a state of suffering being reborn and then tackling the chaos in new form. The image of Jesus Christ dying for the suffering of the world being reborn taking on the suffering of all man. Die to yourself and your tribal beliefs. Do not settle dear friend for mediocrity, and trivial entertainment or toxic political tribalism. Be your pure form.
“Share in suffering as a good soldier of Christ Jesus. No soldier gets entangled in civilian pursuits, since his aim is to please the one who enlisted him.” - 2 Timothy 2:3-4
Do not fret on the affairs of man, “Your vision will become clear only when you can look into your own heart. Who looks outside, dreams; who looks inside, awakes.” – Carl Jung
Listen to that voice in your head, your consciousness and be your purest form – dying to yourself and being reborn anew is a necessary step in the road to self-actualization. Debrowski said this was necessary and the only way to get through “positive disintegration”. If you do not heed my words your life will be stagnate. It is our duty to future generations to be shining beacons in our place within the network. Shine brightly in pure form.
Do not worry about the herd around you. They are all in a slumber. Love them anyway and stay humble, but above all be true to yourself and embody your pure form. If someone asks you what is your essence? Just like a an apple tree apples, or a hammer hammers, or an axe chops - your essence must be clearly articulated or you are a rudderless ship in the suffering seas of life. Sarte said "Existence precedes meaning". Our souls are plucked from the unconscious and cast into an environment of chaos and we must pick our own meaning! Just because we are born with self awareness does not entail that we have meaning. We must purposely chose to live a life of purpose with values we create or discover within us. Nietzsche said we create them, Jung said we discover them - all I know is that we are in the drivers seat for willing them into our being. When an artist does this, they become one with their daemon. They enter the flow state and create works of immeasurable beauty, and value. The fact we as humans have aesthetics period makes this whole lot in life bearable and glorious and purpose filled. In my youth I had my bouts with nihilism and depression, and this my friend is the only cure for those of you that have toppled your inner idols and want to seek truth and be your self actualized fully realized being. This state of being is the most glorious way to tread through life. Riches, trading - all we are doing is building sand castles my friends! Since we are already playing the game, let's build glorious sand castles but let's focus more so on being true to ourselves and easing the suffering of those around us. Bitcoin & Ethereum will change the world for the billion people on the planet that do not have access to banking infrastructure. If we can fix the money we can fix the world. It will never be perfect, but if we live our lives with meaning we will find shiny diamonds along the journey and can bring about as close to heaven on this planet. But to do this - be your fully actualized self. Do not waste time watching garbage media, and toxic political pieces, listening to vile pop music - be removed from the herd. Be your true self. Invent yourself.
“The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.” – Nietzsche
"Let everyone sweep in front of his own door and the whole world will be clean." - Goethe
If you are one of the rare souls who got to this point and found it helpful please be sure to like and tell me what you think, and be sure to read the citations provided below. If you are in unison with your daemon please share your experience for me and the community so we can all learn from it.
Academic Citations on Consciousness:
• "Genius spirits and the mystery of creative inspiration" wellcomecollection.org
• "The Artist Who Glimpsed Carl Jung’s ‘Collective Unconscious’, And What We Did to Her" medium.com
• "Pablo Picasso’s Idiosyncratic Genius" www.newyorker.com
• "How to Find a Purpose and the Psychology of the Daemon" academyofideas.com
Art Examples:
These are not investment suggestions in any way, as the art market is radically volatile, I just want to source concrete examples:
• "Freedom" - Sold for $47,057 superrare.co
• "Fiat vs Bitcoin: Nutcracker." - Sold for $12,716 superrare.co
• "Glitch ETH" - Sold for $2,055 superrare.co
• "Goddess_022: New Money" - Sold for $3,583 superrare.co
• "Ecumenopolis: Sector 1 NYC" - Sold for $47,057 superrare.co
So in closing, the artist are soothsayers - but then again are not all of us using the tools of Technical Analysis only now a mild step above from the fish bones, stones, and frog legs of old. ;)
I wish you nothing but blessings and good fortunes! Seriously though I bet hardly anyone will get to this point of the read, please be sure to like it if you found it helpful as I really am being vulnerable in my love letter to you dear traders.
How far will GBPUSD go?The movement in GBPUSD is very definite and long.
The last buy opportunity was on Friday at 1.38, and we are now heading for 1.40
The level of 1.4000 is psychological. It has not been reached since April 2018.
Usually these levels are a time when most buyers will reap the profits. This is a good time for those who have buy trades to close.
And also, if we tend to trade against the main movement, we can look for sell.
It is good to see a pin bar for entry into sell, as we would expect a normal correction to 1.3900.
If you have questions about how to trade this or another situation, contact us!
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Weekly Forecast EURUSD [FEB 15 - FEB 19}EURUSD bursted with a flame going up. But can it still sustain the momentum? Well if EURUSD decides to break low's I will be looking for a possible short entry. But if EURUSD decides to continue it's bullish move; I will sit back for a break and retest to enter.As of now we will have to sit and wait!!!!
Weekly Forecast USDJPY [FEB 15 - FEB 19}USDJPY was very bearish last week and finished with a retracement. As of now, I am looking mainly for sells if given the opportunity; but if price action breaks the resistance I will be looking for buys.
Weekly Forecast USDCAD [FEB 15 - FEB 19}Last was a strong bearish push for USDCAD, but ended with a retracement to previous resistance. As of now I am looking forward to jump into a short and ride USDCAD!!!
