If you think equities are looking droopy then feast your eyes on the train wreck that’s unfolding across crypto right now. Bitcoin dropped below $35k and Ether crashed 40% – the same guys who were cruising to buy new lambos last week are running in circles with their hair on fire. Cue the usual muppets smugly telling us they ‘were right all along’. Just like in 2019 when BTC dropped from $14k to $6k.
Happy Monday! Unfortunately I won’t be able to cobble up an interesting post today as I’ve been working non-stop the entire weekend and didn’t make it into bed until 3:30am last night. My brain is turning into tapioca and to make matters worse one of my front teeth broke and I’ll have to see a dentist this evening. So in essence just a regular day at the trading lair…
I sure know how to pick dates for hosting webinars or launching new products, don’t I now? Mole’s Travel Curse move aside – we’ve got a new put punter in town! Despite being well positioned ahead of time it still pained me to miss out on most of the action, but much to my chagrin it seems that none of you guys were having any fun either. Which irks me even more to be honest. Step it up guys!
From the fossilized rock that is my heart, I want to thank you all of you. Over the past 12 years (and counting) it truly has been the great honor of my life to serve this community, The system I released today is the greatest work I’ve ever done in my life. And I’m extremely proud to share it.
In my mind it is the right type of system at the right time. A serendipitous confluence of being the right guy, at the right place, at the right moment. Getting it to work two years ago – when everyone hated crypto – took quite a bit of courage that I didn’t even know I had. Had it not been for Scott Phillips, my brother from another mother, I may have never found it. Thanks mate – you’ve done more for me than you will ever know.
This is going to be an awesome day on many fronts – for all of us. My fourth and final Crypto Trading Masterclass is scheduled for later this afternoon at 3:00pm Eastern. Which means I may actually get to sleep more than four hours the first time in weeks, and perhaps even remember my wife’s first name again.
After some initial trepidations the Mole has turned himself into a mean lean crypto webinar producing machine. Which really cracks me up because I almost soiled myself the day of the first one and now I can’t wait for the ‘big one’ which is scheduled for the coming Wednesday at 3:00pm Eastern.
Yes, you heard that right – I had to make another change to the calendar as there simply is too much to do ahead of the big launch. Exhaustion levels are pushing in the red zone.
Following on the heels of last week’s outstanding 35% gains. We made 25% YESTERDAY. Not a typo. And my small cracker test account I started three months ago with $5k I am up to $100K. That’s nearly what most people make in a normal year IN ONE DAY!
HOW?
This is going to be a quick drive by post as I have my second crypto trading masterclass scheduled for tonight at 4:00pm Eastern. Be there or be square! Anyway, yesterday’s drop in equities at first look like the real McCoy but then – true to form – yet another floor materialized late in the session.
As you may recall I hosted my first live webinar last Sunday. Never having done a live online session before I almost soiled myself in the first few minutes as I was more nervous than a long-tailed cat in a room full of rocking chairs. After about two slides I loosened up a bit and we ended up having a lot of fun.
In case you wonder, no I didn’t just pull that one out of my rectum, and yes it’s a real thing. In fact vomma is officially listed as one of the option greeks (check it out over on Investopedia). And it also happens to be one of the more exotic indicators of implied volatility that is very carefully monitored by professional option traders. And let me assure you that they are ALL keeping a very close eye on it this very week. But why?