I gave you this possible LTF chop a few days ago for #BTC
Do you think this could happen?
This is the Darth Maul I talk about that could happen around a good CPI.
This would liquidate a few billion USD in degens' longs and shorts.
When you trade, think of all possible scenarios as entries in the time line with a certain probability attached to each scenario.
For example, when Covid virus broke out. It started to mutate. It mutated into 100s different strains across the globe. Each variant had a probability of becoming the dominant one and spread the most.
Same goes for everything else in life. Their is a probability your wife has no feelings for you next month or that you get a cancer tumor your body can't fight. There is also a probability we go to nuclear war.
I don't excuse myself to teach how statistics works. There are too many larpers on X claim they know. I find it funny when most of them don't even know what they will eat for lunch.
Every level of the price has a probability attached to it if it breaks or holds.
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I gave you this possible LTF chop a few days ago for #BTC
Do you think this could happen?
This is the Darth Maul I talk about that could happen around a good CPI.
This would liquidate a few billion USD in degens' longs and shorts.
When you trade, think of all possible scenarios as entries in the time line with a certain probability attached to each scenario.
For example, when Covid virus broke out. It started to mutate. It mutated into 100s different strains across the globe. Each variant had a probability of becoming the dominant one and spread the most.
Same goes for everything else in life. Their is a probability your wife has no feelings for you next month or that you get a cancer tumor your body can't fight. There is also a probability we go to nuclear war.
I don't excuse myself to teach how statistics works. There are too many larpers on X claim they know. I find it funny when most of them don't even know what they will eat for lunch.
Every level of the price has a probability attached to it if it breaks or holds.
Not financial advice