Trading Lounge

In terms of gambling: I am doing great! I met my target today. So now I have to *spend* the money. I have more money than time. I need to be focused on something else. And this also means - I will finish yard remodel, I can afford it. And I must travel again, very soon.

(This opinion is inspired/copied from by Peak Prosperity.)

While the rest of the market is going down, the magnificent 7 are going up:

Terrible performance this year on my end! I lost the trading account - I had it coming, considering what kind of absolutely reckless decisions I have been taking. Single biggest recorded loss of my career so far.

Derivates is a ticking time bomb. The next crash should be called "The derivatives crash". I've already mentioned it here - the world wealth is... comparable to the total world derivative exposure. Derivatives are often unreported and unregulated.

Here is an explanation of why dollars don't exist, and the guvmt doesn't even print money: https://www.youtube.com/watch?v=nhPvVdZCNJk

Dollars don't exist because they are a unit of measure. Centimeters don't exist either, you can't have too many (or not enough) centimeters to e.g. build a house.