Up Your Odds Even MORE (Podcast Episode 175)

[@dbralf]

So crazy VP literally one day after I made the sector etf list on yahoo finance you post this vedio. Just this week I made the same plan for my investing... Great to have it seconded by you.

[@NoNonsenseForex]

You're ahead of the game sir.

[@TheProRadek]

Vp, does your "news" video still apply today? I mean can we still follow to the rule?

[@NoNonsenseForex]

Not really. It's the one video that didn't carry over tmk.

[@TheProRadek]

@@NoNonsenseForex What is your aproach nowadays?

[@redakye]

@@NoNonsenseForex Why tho?

[@redakye]

Can you do an updated video? :(

[@Squirrell05_xndr]

Hi vp can i go to the contrarian podcast even though i am currently still spending time on trading psychology and testing indicator algorithms because i follow what was said in the beginning video, oh yes let me introduce myself, i am from indonesia, i am 19 years old and soon the algorithm machine that i created will give me financial freedom thanks Sir you are a prophet in forex

[@NoNonsenseForex]

Yeah, this is mostly about investing, separate from trading.

[@Porphyrogenitus1]

"Consolidating into trading BTC and ETH" Well, maybe they short-term trade ETH and maybe they short it vs BTC but it has been in a downtrend vs BTC since mid-2022. (I say this not as an ETH hater: I still have my ETH bag. But it's been pretty dire - except as a trade, but even as a shorter-term trade there have been options, and I'm not even reaching for low-cap alternatives, that have given better ranges for trading. SOL for just one example but I'm not a SOL Maxi either). Pair-trading isn't just for GBP/JPN or CAD/AUS it's also for ETH/BTC or really anything/BTC

[@Porphyrogenitus1]

Note teh point of "anything/BTC" isn't to be a BTC maxi it's because like with sectoral stonks, you want to be in things that are giving you better than you can get with the lower-risk alternative (BTC). If you're taking on the risk of another crypto project, you want to see it outperform BTC on the charts. Trading strength not weakness and no hate to ETH here but it is at a point where it needs to prove itself on the ETH/BTC pair. One could argue that "well it's so beaten down it's time to get in" (like people argue for ADA or XRP) but wouldn't you want to see that show up in the chart? People have been arguing those points for years now as these things bleed (again, I kept my ETH but I want to kick myself. Still, I'm not selling near the bottom but I'd have been better off selling near the top vs BTC than holding this as it has bleed out from 0.085 to 0.037).