All Posts by Mike

The Real FTX Story Comes Out

The dust is settling on the FTX debacle and we finally have a clear picture of what is surely one of the all time dumbest episodes in financial history. So fasten your seatbelts and return your tray table to its full upright and locked position, because just telling you this sordid tale this is going to be one bumpy ride:

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  • Mike
  • a couple of years ago

Does This Rally Have Legs?

Given the volatile state of affairs in the crypto market many readers suggested that I should go back to my roots and focus more on traditional stock and the options markets. It’s been my focus for over 14 years now but over the past year or so my posts have mainly focused on crypto.

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  • Mike
  • a couple of years ago

The New Plan For Wealth Building

SBF has single handedly done for the White-boy-afro what Adolf did for the pencil mustache. End of an era. It’s no exaggeration to say that this is the biggest self-own in recorded history.

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  • Mike
  • a couple of years ago

Markets In Purgatory

The RCC defines purgatory as a temporary place of “purification”, necessary to enter the joy of heaven. That is exactly where the crypto market finds itself right now. Top contender for the most punchable face of 2022, SBF (or someone on the inside with him) allegedly hacked the remaining half a billion worth of client funds over at FTX.

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  • Mike
  • a couple of years ago

On The Blockchain No One Can Hear You Scream

This whole thing with FTX disgusts me. If only there was some sort of government body that regulated Securities and Exchanges. You know, some kind of commission than could find these problems before us regular folk got billions of dollars pilfered.

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  • Mike
  • a couple of years ago

Do You Believe in Miracles?

Do you believe in miracles? Maybe you do and maybe you don’t. But when it comes to trading the financial markets, hoping for miracles is not a viable trading strategy.

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  • Mike
  • a couple of years ago
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