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michaelpelly replied Mar 12, 2020I still remember the heated discussions with certain forum members how it will “reach the skies” :-). And I have a lot of friends who bought above 15000 and never “broke even”. And I remember my LinkedIn and Facebook wall was full of posts from ...
The fall of bitcoin
- michaelpelly commented Mar 12, 2020
It’s an old saying that when the shoe polishing boy in NY start to give you advice to buy into stock markets - it is time to get out :-).
Up to 150 million Americans are expected to contract the coronavirus, congressional doctor says
- michaelpelly commented Mar 12, 2020
Heh, first of all - the majority of the US population lives in suburbs and works “somewhere”, usually in small groups. Such disease can’t be spread in the same way as in the overpopulated cities like other countries. And secondly - even in China the ...
Up to 150 million Americans are expected to contract the coronavirus, congressional doctor says
- michaelpelly replied Jan 30, 2020
Well, it is never “clear” when a jumpback correction is turning to a price reversal - last time the prices touched 1.6 - there were no “writings on the wall” - it just started to climb and went beyond 3.0. I usually tend to look at the price levels ...
Nat Gas anyone?
- michaelpelly commented Jan 30, 2020
This guy lost 200 million on natural gas short (naked option!) - I think it was at the end of 2018, beginning of 2019, so - beware :-) url
Natural Gas Inventory -201 bcf vs -200 bcf Expected
- michaelpelly replied Jan 18, 2020
Oh boy! Price is dipping under $2.00 - time to rip it a new asshole - I’m buying every dip!
Nat Gas anyone?
- michaelpelly replied Dec 26, 2019
[quote=dextormason;12676956] I never managed to get these funds out - no response on emails and when I used their support chat - the response is “we will forward this request to our funding department”.
Broker withdrawal problems - never trade with them
- michaelpelly commented Nov 21, 2019
I think it is more wisely to say - let China first solve the problem with millions of Chinese people wearing face masks in their big cities because of the polluted air. The world can wait a bit...
China's Grand Plan To Take Over The World
- michaelpelly replied Nov 11, 2019
Honestly - I’ve never had the “right” swing sentiment - every time it is either a little bit later or a little bit sooner :-). The only real tool I have is a consideration when a price is “low enough” - especially for energies. And also - how much ...
Sweet, sweet Oil
- michaelpelly replied Nov 6, 2019
I’m with you on this - have some capital buffer on the side of Sweet Crude slides good bellow 50. It bottoms somewhere between December and February.
Sweet, sweet Oil
- michaelpelly commented Oct 23, 2019
The only outright liars I know are exactly in this gentleman’s business domain - investments bankers, CEOs of some shady investments and leveraged financial pyramids, real estate property balloon price flippers, etc. I do not know any tech CEO or ...
FBI Interview Tricks Help This Fund Manager See Through CEO Lies
- michaelpelly replied Aug 25, 2019
Yes, I do only reversal speculations - usually on weekly/monthly chart pattern (but mostly just by the price levels) - try to keep it as simple as it can go.
Natural gas trading
- michaelpelly replied Aug 24, 2019
US oil :-) I’m not specialist in gas and copper - just trying to buy commodities that were suppressed for couple (3-6) months. I even do no keep capital in the markets all the time - only when monthly reversal opportunities start to show. Currently ...
Natural gas trading
- michaelpelly replied Aug 22, 2019
For the last 2.5 years I’m trading only commodities (primarily US oil, NGAS and Copper) while applying simple rule - buy as low as it goes and ride out the upward move. It happens 1-2 times per year but it pays out very well. What usually is unknown ...
Natural gas trading
- michaelpelly replied Aug 22, 2019
Keep in mind that NGAS is falling couple months consecutively. I expect wild moves next couple weeks - probably downward pressure - but short lived. No trend goes forever.
Natural gas trading
- michaelpelly commented Aug 3, 2019
Funny thing is - when the experienced retail trader (I put myself in this group) is starting to deal with bigger capital - he/she actually would like to deleverage instead increasing the risk. With 6 digit capital someone would rarely require more ...
Retail traders in Poland can now trade currency and index CFDs with 100:1 leverage
- michaelpelly replied May 25, 2019
The man with the Ferrari :-). You know why I love USA - cause they are straight to business - even when they are are trying to scam you. I can respect that. But people in all those little kingdoms - I recently had really bad experience in one of ...
What about Bitcoin... :)
- michaelpelly replied May 22, 2019
I was reading recently article on the tech “unicorns” - finally the bubble start to burst there - all those multi-billion valuation companies that operate for years on loss only to get the next round of investments. Well - at some point there is no ...
What about Bitcoin... :)
- michaelpelly commented May 22, 2019
This is not because of a weak economy. The auto sector in USA just missed the chance for massive reforms and setting their business on entirely new level. Some of their manufacturing ideology is from the time of the “big three” back in the 60s ...
US auto industry cutting jobs at the fastest pace since the financial crisis
- michaelpelly replied May 18, 2019
url TudorIoan, how many times I told you to stop selling the Bitcoin! :-) Wiseheads say “market will recover” - I guess it is time for the new wave of hard-worked crypto enthusiast money to pour in - so someone can get the next $35 000 000 in ...
What about Bitcoin... :)