Well, the short answer is that it's been doing remarkably well for the past several months. See the picture below. In fact, so well that I am now pretty bullish on it and expect it to reach new highs of about $70K. Most likely in 2024.  Right now it's about $42K. It's still a good entry point, but keep some extra cash to average down your position, say, by buying down to $30K, although it may not get there before surging all the way up to the new high. Still, don't bet your barn on it. It's a speculative play, but since the stability and persistence of Bitcoin are definitely greater than ..read more

Well, let me just start by saying that any rumors of my website death are greatly exaggerated, to paraphrase the famous words of Mark Twain, which, as legend has it, were sent by cable from London to the US press in 1897 in response to an obituary informing of his passing that Twain had come across in the press.  It's quite telling (if only of our technological progress) that one can spread almost the same words to a much broader audience and reach it faster only some 100 years later. Until the second half of the 19th century through the preceding millenia, all means of transmitting infor ..read more

Custom NinjaTrader 8 indicators for KING have been released just recently. They are the same as for NinjaTrader 7, but I had to recode them in a few places and retest them so that they run as they should. No problems have been found with them, everybody who bought them, and that's several people already, is happy, just as it should be. I am not the biggest fan of NinjaTrader, to be honest. For about 15 years, as an active e-mini futures trader, I was using Sierra Chart for my trading and I can truly recommend this software to anyone considering day trading e-mini futures (or stocks, Forex ..read more

 A few months back I posted this article on this very blog.  The piece is about my modest effort to help displaced Ukrainian refugees who have found themselves in Poland fleeing the Russian war atrocities in their own country. For those who might have just arrived on this planet, a very brief info maybe in order: in late February 2022, the Russian army attacked the sovereign nation of Ukraine under the pretext of "denazification."  The real reason is less noble: most Russians actually do not consider Ukrainians a separate nation, but, at best, somewhat misguided, perhaps even wa ..read more

Another week in the crypto-world and another disaster that sends BTC and other cryptocurrencies much lower despite their already significant declines that have happened over the past 5 months or so only.  This time, it's because the FTX (a cryptocurrency exchange) founder, a genius-boy of sorts, had badly overestimated his genius and the company he founded, worth previously billions (about 32) of US dollars, went bankrupt. Some now say that Sam Bankman-Fried may make look Bernie Madoff look like Jesus Christ, and that's not a particularly nice comparison, to put it very mildly.  ..read more

Russia, a nation strongly, if not proudly, committed to be remembered as that of perennial rabid thugs hell-bent on making the lives of their neighbors as miserable as possible, has recently attacked yet another country having that dubious pleasure of being its neighbor. In the last hundred years or so, its aggression was directed (amongst others) against Japan (1904), Poland (1939), Finland (1940), Afghanistan (1979), and now against Ukraine. Every 40 years or so, the Russian imperialism raises its ugly head to meddle in the affairs of the neighbors without any invitation or sensible justific ..read more

The last one this passing year, the seventh in 2021.  You can check out updates like that here. For comparison, there were only two such updates in 2020. 2022 is also very likely to bring more than two.  Three new articles were posted on my e-mini futures site in 2021, two of them about Bitcoin and cryptocurrencies. A new section was added to A Word of Advice to accommodate articles of this sort.  This last update is about special end of the year offers. Later than usual, but I will keep them for longer than usual too - until the last day of March 2022.  By these special of ..read more

The page in question, A Word of Advice, is one of the more popular pages of my site dedicated primarily, but not exclusively, to day trading e-mini futures markets.  Not exclusively, for the site presents also some insight on trading stocks, and even offers an original stock trading method, based on fundamental rather than technical considerations.  As of now, this page features 86 articles divided into several categories. More are still very likely to be added to it in the years if not the weeks to come.  But the site main strength, true to its very name, is in the area of day ..read more

 I said in it, as you can easily verify, that  "However, my opinion about the cryptos, specifically when it comes to Bitcoin, is now more bullish than ever. This is so because Bitcoin is showing greater strength at critical junctures than I was anticipating it. I believe that at this point its upside is a bit greater than its downside and it may still reach new highs, perhaps even by the end of 2021." I am glad to see that Bitcoin is acting to confirm my bullish stance. Yes, it's all about strength at critical junctures, where it can go both ways, but the longer term it actually cont ..read more

For many months now I have been posting in my Twitter trading (business) account articles about the cryptocurrency markets, including Bitcoin, the leading market as well as the most popular trading or investing instrument of this kind. They have been chosen primarily for their quality, and not, for instance,  for sensationalism, which is not that uncommon in media, financial or otherwise. Unfortunately, not every article out there about these issues, that are still pretty controversial, delivers much in terms of value. In fact, it seems, most can be categorized as either outright pro ..read more