After a sharp collapse of the stocks and crypto market, last week saw a relief rebound. I don’t think the bottom is in yet, but I decided to take profits on my short positions to wait for a better price to short again. I am still holding a large cash position (in USD), which has […]
Last weekly, there was a lot of focus on the crypto markets, with a slew of bad news, such as the cascading effects of the TerraUSD and Luna crash, Celsius suspending withdrawals, and 3AC capital going under, etc. These provided good trading opportunities to short crypto and make quick profits, but as the market reaches […]
Last week, I had a short interview with Business Insider to share some of my insights on the TerraUSD and Luna crash. For those who are not in the loop, it was one of the biggest crashes in the crypto market, causing many investors to lose all their life savings. So, how did it all […]
After a tight consolidation the past 2 weeks, the stock and crypto markets finally broke down, and resumed the downtrend. Hence, we have large short positions on stocks, and I only have a small position in crypto, after selling off most of my holdings. The current strategy now is to stay in cash or stay […]
Last week, our focus shifted from crypto and stocks to the forex market, where several strong trending moves were taking place. Stocks and crypto have been moving largely in tandem, and are currently having a rebound against the larger downtrend. How long will this rebound last, and when will the downtrend continue? Stay tuned on […]
