The FIX at 4 no. 11 - FX vs. Crypto
Total News - Atlanta, GA 9/12/2018 -- Today we do a special comparison of EUR/USD vs. BTC/USD using IC Markets MT4, and a strategy that we have had for a long time. We were considering offering the strategy to our Total members, but as you can see - nothing works in Bitcoin. The reason many of us do not like excitement, is because it can lead to depression. Traders should never be emotional! In fact business people in general shouldn't be emotional, it's unprofessional.
The hype is gone - but what's left can be really interesting. Crypto is a nascent market and typically that is where the majority of opportunities lie (and failures).
Our goal with Total Cryptos is to build a trading system and/or family of systems that can work trading Crypto in any market conditions. In the meantime, we're not sweating the news, as we weren't excited during the bubble. If anything, now there is a sense of relief - ok, Bitcoin is not going to $1 Million. We are launching lots of products for Total Members and looking forward to a productive year. -jg