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get rich in coming market collapse

  • Post #1
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  • First Post: Aug 25, 2020 8:01pm Aug 25, 2020 8:01pm
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 1,364 Posts
hi all,

lots of things happened, i was lazy, watched these corona moves and now i believe that finally we will see market collapse, great depression and similar stuff everyone saw on youtube and other media in last severla months.

we have uncontrolled corona.
we have pharma that collects large $$$ for providing nothing
we have riots notably in US and many other parts of the world
media people are smiling and telling everyone all is fine

So, time has come to get back to work and try to make some real money.

My style is small risk with stop and targetting 3-10 x risk. I rarely am stopped out. Will play with certain amount of cash and risk 50 % of account on each trade.

Watch or join but do not blame me for entering or not entering.
  • Post #2
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  • Edited 8:41pm Aug 25, 2020 8:25pm | Edited 8:41pm
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 1,364 Posts
buy gold at 1934, stop 1914.

Not at 1934 yet. Current 1928. Order valid 24 hours.

use dukascopy for reference prices.

just to add my chart
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  • Post #3
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  • Aug 26, 2020 5:00pm Aug 26, 2020 5:00pm
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 1,364 Posts
sucessfully entered without getting stopped. As we are in major bull market, will turn this trade into income trade. Every day will increase stop for $2, until stopped out, hopefully in 3 years or later.


so, i will continue to look for next trade. Note gold and stocks up.

zombie communizm for rich on the way but there is a possibility of abrupt change of course.
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  • Post #4
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  • Aug 27, 2020 5:54pm Aug 27, 2020 5:54pm
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 1,364 Posts
stopped out at $ 16 loss. jakson hole guys prepared this present.

it is sad watching whole system doing something only to stop out traders. no substance.

not even paper tiger. more like computer tiger as no paper involved any longer. corruption is off charts, largest in history.

anyway, we continue following their steps and dirty minds for next opportunity. derivatives one should not have of any sort.
 
 
  • Post #5
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  • Aug 28, 2020 8:40pm Aug 28, 2020 8:40pm
  •  seaman2
  • | Joined Feb 2013 | Status: Member | 1,364 Posts
it appears guys are going for venezuela style inflation. so far they keep usd strong, with help of their partners - eur, gbp, jpy.

Opportunity lies in this schema falling apart. We have seen divergence in gold ws bonds this week after that hole manipulation that resulted in my loss. too short term to draw conclusions but shows weaknesses.

this shows trend of abandoning usd has some additional members in last 2 days. maybe these guys themselves abandoning ship.

Once usd loses ground, we are in venzuela waters. then critical jobs will get upper hand and require lots more $ every pay and this will go into vortex.
 
 
  • Post #6
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  • Sep 10, 2020 3:36am Sep 10, 2020 3:36am
  •  EF5
  • Joined Oct 2013 | Status: Member | 880 Posts
I think your premise for a depression and market collapse is a little off base. The reasons you provide are somewhat bearish for consumer confidence, but you omitted all the bullish factors of monetary and fiscal stimulus.
Self-sufficiency is the greatest of all wealth. - Epicurus
 
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  • Post #7
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  • Last Post: Sep 10, 2020 1:24pm Sep 10, 2020 1:24pm
  •  Cogra
  • | Additional Username | Joined Dec 2019 | 53 Posts
I belong to the category of traders who believe that you can earn money under any circumstances, there are just situations when you do not fully understand what is happening or just can not find a good point of entry. It's okay, we're all human and we all use different strategies that focus on specific points. I think there's no need to work just for the sake of what you have to do. Today you can skip a trading session so that tomorrow, under more favorable circumstances, you can make a double profit. This is called a thoughtful and structured work, which distinguishes a player from a person of business. So don't worry about it and of course wish you success on your way.
 
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