I'm Abandoning Currency Trading To Trade Bitcoin Futures

Bitcoin futures will be trading in futures markets later this month. This is my good bye to currency trading.

Finally I'll be free of markets reacting to what trump says or does, reacting to tax plans, economic news and data, what stocks do, what central banks do, interest rates, every utterance and burp of anyone related to central banks, how the economy is doing, etc.

Bitcoin depends on supply and demand. The next time it dips, I'm buying it and going on a long vacation.

It's been fun. Bye.

Today was probably my best day of trading.

With Flynn pleading guilty and then reports saying he would testify against trump (whom I viscerally despise), along with all the talk regarding the republican's pathetic joke of a tax plan, I decided to stay out of it.

Hopefully, Flynn testifying against trump will lead to the collapse of him and all republicans, whom I also viscerally despise.

My best trump trade was going long on USD/CAD.

Every time something came out regarding his moves against NAFTA, the loonie would go into freefall.

Thanks, trump, now drop dead. Please.

Smart move!

Traditional FX trading is DEAD! (I have been saying this for years). There is not enough volatility for proper day trading/scalping and at the same time there is no good trends for trend following (no carry trade). The prices doesn't even respond to news anymore. Today it's all about manipulation by fake news and HFT.

Bitcoin futures + leverage + EA automation.....This is going to be fun, I can't wait! Anyone who can make money on forex (with the current crappy conditions) should be able to make a killing with cripto. At least until it becomes too popular.

You are suggesting that bitcoin does not react to outside fundamentals, despite the fact its bull run is precisely because of outside fundamentals. it is not immune to unforeseeable price swings. If you have not been successful within traditional market places i sincerely doubt you will be successful trading crypto futures, best of luck though