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/biz/ - Business & Finance


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56962951 No.56962951 [Reply] [Original]

When bonds dump (or move in general), I make millions, safely. Because there are logical reasons for the move that can be evaluated and stops placed to maximize risk/reward and sizing can be calculated against them. Which does not apply to BTC.
BTC I cannot trade in size because it has no logical drivers, hence I cannot place sensible stops, hence I cannot leverage a view. Literally: I cannot calculate the mathematical odds with any degree of certainty or safety.
Outperformance means nothing to me, or any trader. Unless I can capture parts of the move SAFELY. Which I can with all other asset classes.
To a trader, bonds going from 126'00 to 127'00 for a logical reason is far more profitable that BTC going from $1 to $1m and back again, because one has a logic and can be leveraged, while the other cannot be.
In simple terms: one has odds that can be evaluated very accurately, while the other is a constant 50:50. Only morons trade 50:50s. Future taxi drivers.
Don't particularly care what anyone else thinks. This is the only answer. If you don't get it, you simply aren't a trader. End of fucking story.

>> No.56963001

>>56962951
Tldr
Just because you can't see the logic, doesn't mean it doesn't exist.

>> No.56963025

>>56962951
Yes you retard, you should and swing trade nothing more.
Only at obvious occasions you can use leverage

>> No.56963031
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56963031

I think you mistyped "bullish"