Now we have benefit of hindsight lets see how good/bad my timing guess on a stocks (russel2000) correction was:
In April i said risk reward was bad with bitcoin at 30k in April, disgustingly accurate how i nailed that high. Also said gold is bad at 2000 shortterm, nailed that high too., crashed to 1800 after. Stocks High was in July Crash was in September and October 5months before that crash i said:" i expect a crash into August in Russel2000 and maby September in Nasdaq" id say i nailed that better than 100% of other forecasters In June, 1month before the high i forecasted that crash again saying:"I wouldnt be surprised to see corrections in price in many stocks from June highs down to July or August/September/October lows" Jap nailed that low. My vision for recession however seems to have been from too far out in the future and hasnt happened yet. Fail. Quote:"And of course im gonna buy the next correction in Crypto sometime in July-November 2023 im a buyer, as i was in 6. January 2023 (expecting the market to anticipate a Fed pivot to a pause)" But at least in this blog i forgot to post the renew crypto purchase, so it cant count to my performance numbers.....FAIL Seems from years of success ive become lazy to post, maby because theres no feedback and because ive already proven to myself that i do beat most other professionals at this game, year in and year out with 0 staff, bursts of work effort when it counts and then months with just 1hour a day of work. And ive already gained the wisdom that flexibility and freedom is worth a lot, and more and more money is pretty much worthless in persuit of happyness. And ive also realized noone can change the world, as human brains will always born in this fucked up way, wired for survival and mating, instead of pease and happyness....so we will ALWAYS fuck up ANY system our wise ancestors have put in place....and Legacy is also bullshit as communists become evil, as rich people become hated capitalists, as spiritual gurus become forgotten or their work stolen and copied, families give birth to spoiled grandchildren, strong christian families give birth to drug addicted hippies, Some people believe we need "fuck you money" whereas i believe we just need to say fuck you to any product we dont really need. If we can train our brain to not need distraction, and simlify our lives extremely and keep some valuable social contacts around, then we really dont need much effort to keep our lives balanced and financed. Ferrari -) public transport -) just dont go anywhere cause you live in a beautiful place Paying lots for wagyu steaks every day as i do -) just cook tough meat in a pressure cooker for 1 hour til its like jelly -) grow and smoke your own fish. |
AuthorPascal |