I only like women with a backbone.
A rebellious streak is a backbone too, and still better than a heap of rotten, flabby, fawning flesh.
I believe success is not defined by how men define it, but by whether you can make enough of an echo when you collide with the world’s rules and boundaries.
There is no shame in a thorny path, nor in coquettish posturing; what is shameful is willingly degrading yourself into a means of production and forgetting that forging relations of production is the fundamental purpose of accumulating knowledge, learning, and skills.

What Is Expected Value? How Can You Determine Whether a Trading Strategy Has a Positive Edge Over the Long Term?

Whether a trading strategy is worth using over the long term cannot be judged by how much it made over just a few trades. Instead, you need to consider how much profit each trade brings on average and how much loss risk it carries. That is what expected value measures.

First, what is a trading strategy’s expected value?

Expected value estimates the average long-term outcome per trade based on the win rate, average profit, and average loss. The formula is:

Expected value = win ra

Why can trading strategies that perform well in backtests fail in real markets?

A trading strategy may deliver strong returns, a high win rate, and even a well-controlled maximum drawdown in historical backtests, yet produce entirely different results once deployed in the market. The problem may not necessarily lie with the strategy itself; it may also stem from the gap between backtesting and live trading.

First, historical data does not represent the future. Backtesting can only evaluate a strategy's performance in specific historical market conditions. Market structure, volatility levels,

I'll share all the levels I can see below BTC ↓

What Can Futures Premiums and Discounts Really Tell Us About the Market?

In the crypto market, when observing Bitcoin or Ethereum futures prices, you may notice that sometimes futures trade above spot and sometimes below it. This difference is known as a premium or discount, and is an important starting point for understanding the derivatives market.

But keep in mind: a premium does not necessarily mean bullishness, and a discount does not necessarily mean bearishness. What really matters is understanding why the spread forms and how it changes with market conditions.

First, what is a premi

#WhiteHouseSubmitsCFTCAndSECNominations

The White House has submitted nominations for positions at the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), bringing renewed attention to the future of financial regulation in the United States. These two regulatory agencies play important roles in overseeing financial markets, protecting investors, and establishing rules that influence the broader financial ecosystem.

The CFTC oversees derivatives markets, including futures and certain commodities-related financial products, while the SEC supervises se

$1.47 Billion Wiped from the Crypto Market 🥹
Most of the long positions were worth $1.3 billion

Weekend Investor Personality Test: Are You a Chart-Watching Maniac, a Review Ace, or a Laid-Back Trader?

After a week of market swings, the U.S. October PPI is due tonight at 21:30. Right now, the investing world can probably be divided into three types of people.
First: the chart-watching maniac.
Phone always in hand, never missing a market move. They check when gold moves, when U.S. stocks jump, and even spend ages analyzing Bitcoin’s sneeze. They say they’re just keeping an eye on things, but in reality, they’re already prepared to stay up all night.
Second: the review ace.
No rush to trad

What exactly is the risk-reward ratio in trading? Why doesn’t a high win rate necessarily mean you’ll end up profitable?

In the crypto market, some traders focus heavily on their win rate, believing that as long as most of their trades make money, they’re guaranteed to be profitable in the long run. But in reality, win rate is only one part of evaluating a strategy; the size of each gain and loss matters just as much.

First, understand the risk-reward ratio. The risk-reward ratio measures the relationship between a trade’s potential loss and its expected profit. For example, if you plan to l

#晒出我的持仓收益 Wait for key levels and try to get in early. As for 67,500, I’ll revisit it if 75 breaks down. You need to be patient. If you insist on trading every level, never staying out of the market and always being fully invested, you’ll never make money. How am I handling this trade? I had limit orders filled on both accounts. One account is for a short-term trade—I’ll take profits and exit. The other is protected at breakeven while I hold out for a better outcome. That’s all.

Losses aren't scary; what's scary is finding an excuse every time you lose money!

The investment market has a magical ability: when you're making a profit, you think you have a keen eye; when you're losing money, you blame the news for being too sudden, the market for being too abnormal, and the market makers for being too cunning.
In short, it's never your fault!
But after this week's market roller coaster, I think the most important thing to do over the weekend is to honestly face your trading records.
Have you changed your strategy on the spur of the moment because of a news story? Relaxed

Damn, what dip am I buying? This isn’t buying the dip—I’m buying the whole damn house. Fine, I’ll get a spa treatment to calm my nerves; whatever happens, happens

How Does Fed Rate Policy Affect Global Asset Prices?

Many investors track the daily ups and downs of Bitcoin, U.S. stocks, and gold, but overlook a more important variable: Federal Reserve monetary policy.

Why does a single U.S. rate adjustment affect global financial markets? Because the U.S. dollar is not only a major global reserve currency, but also an important foundation for international financing, trade settlement, and capital allocation.

On October 28, 2026, the Fed kept the federal funds rate target range at 3.75% to 4.00%. But this does not mean the market has entered an easing c

Asking for a friend, what’s going on here? The U was withdrawn from another trading platform, but they didn’t just disable withdrawals—they directly banned the account from logging in?

Airline tickets can actually be fully refunded now. I just got a full refund of 530 for a ticket from Shanghai to Changsha on the 27th. I checked, you just need to cancel more than 14 days in advance.

This Microsoft outage affected even Australian intelligence agencies and the Japanese government!
This isn’t just a matter of ordinary office workers not receiving emails. Intelligence and security organizations, federal police, and Japanese government ministries and agencies were all caught up in it. The government even had to invoke a protocol asking Microsoft to prioritize restoring services in its country. The whole situation is absurd.
Downdetector outage reports peaked at nearly 130,000. Teams, Copilot, and multiple Microsoft 365 services also experienced outages. Microsoft said some ser

Another massive crash in Bitcoin and Ethereum! Bitcoin has dropped to $68,000.
ACCURACY 💪
Not once did I call this market bullish. I've been consistently warning you while some influencers kept misleading their followers.
I've spent 15 years competing in this market. These guys are still my kids.
BULL FOLLOWERS ARE ALWAYS SAFE.
Don't challenge Umer.

Transporting the cat from Jiangsu to Sanya is really a huge undertaking 😭
You really shouldn’t get attached to too many things; once you have too many ties, the troubles begin