2014 The Year of Reversions
There are no surprises in markets. Fear is a direct result of ignorance. I saw no guidance anywhere on twitter or anywhere else for traders to keep these macro pictures of markets in mind…did any of you? Probably not these charts are actually the most important charts I posted all year and not surprisingly they are also the least viewed. Perception of value….most didn’t buy BC when it was cheap as is the case in all markets most cannot see value till its ridiculously obvious! Everything needed to navigate this years markets with clarity I have actually made public as many continue to ask me for detail specifics while skipping past all of these “details.”When a kid is scared of the dark in the closet of his/her room it is because he/she does not yet have the knowledge and experience to alleviate his/her fears about what in that dark closet. Fear as an emotion is fractal meaning it will be the same rational that will cause it anywhere it occurs. The fact is 99.9999% of market participants do not know enough about how capital markets are structured to be involved in them without significant risk of loss. 99.99999% of would be TA specialist also fall into this category. I don’t fault the traders who are inexperienced and seek to learn because we all start somewhere….I fault those frauds that continue to mislead people with their lack of understanding and the egos they must protect who keep up the charade at the cost of others that don’t know they are frauds.Make no mistake there are no other valid Technicians with a presence in the Crypto markets as of this date that I have come across. I have been looking and am a fair person…there’s none here. Fraud TA specialist making up rational after the fact will keep 10’s of thousands forever baffled and forever losing. The failure of traders to understand the true dynamics of market structure will lead to their undoing over time as they are never aware of the true under currents that move markets for them and against them as “one perception is arbitraged to another“.