The Sharks are Feeding on Their own Kind - Major Top

The futures markets have historically been one in which few dabbled, the big brokerages, the very savy investors. In short the market makers and the major market participants. The "Club". Admittedly, I am "retail" although I like to think smarter retail than 95% of the retail. In fact, I can show profitability even when only 40% of my trades result in a profit. If you need to ask, how is that possible, then perhaps...well perhaps, you need to keep trading with small sums for a while.

The reality is---small losses, big wins. However, on futures....if you set a tight stop "they" will run your stop, especially at night. Even their computer programs are set up to cooperatively move the mark until your stop is hit...i.e. no trading going on, just the price moving until your stop is hit. The big boys dont use stops. You can't be a "big boy" just by not using stops. In fact, unless you have Stainless Steel Rat Cojones (SSRC), or are playing with mostly someone else's money, you best not even try.

But here is the point. We are at a MAJOR TOP. When the sharks start feeding upon themselves, what I mean the futures market is being hugely manipulated late night...it means the greed has reached a whole new level. The green shoots are nothing but spray painted edifices of past glory after it has been napalm'd, and fertilized by bullshit. Homeless cities looking like depression era pictures that Grandaddy used to talk about, are sprouting up, as brokers (now become bankers to side skirt legal issues) are issuing the largest bonuses ever.

This is a great time to be healthy, strong, smart, and wealthy. Encourage all these things even whilst things push the opposite direction.