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BEPRO or Be Be broke. Seriously this thing is going to move.BEPRO is the number one trending token in the US that isn't in the US yet, I have been following BEPRO for the last month and a half as it was an under-the-radar name that I knew nothing about and the name sounded good. I thought "Be-a-Pro at what you're doing" and it couldn't hurt to look into. After interview by youtuber George on CryptosRUs (not a plug just a sold information gathering), which went very well, I decided to post. I knew Bepro was big deal but, but wow. this token is going to change the gaming world in a massive way. A "first runner in esports" kind of way. The CEO, Rui Teixeira, did an incredibly solid job explaining the company (bepro) which is cash positive (unlike many tokens) and it is growing so fast they're hiring new people and staking. Bepro already has clients, has quarterly profit goals, like a company publicly traded on the stock market. (My background is in stocks). Bepro is just getting started, and the company is doing very well. Rui also talked about a "Shopify Model" in the company design and after that, full disclosure I went long deep into Bepro, because Shopify has been one of the most successful stock and company in history closing at $1120.19 USD over 2600% from its opening IPO. Even more the online gambling and sports betting world is just beginning to figure itself out with crypto and this company is solving more problems than it's creating. If you look at the simple chart you can see a massive flag forming on the 4 hour and it's pressure it's breaking up trend. It has stood pretty solidly against BTC and is following the trend beautifully. Full disclosure, I own a great deal of BEPRO and will acquire more on this pull back. This token is really the first mover of its kind, and the CEO is for real treating this like a future 500 company.
Long
by jpactor
13
ARE YOU A GAMBLER OR ARE YOU A TRADER?Hello everyone Today we will touch on a serious topic, at the end of which you will be able to determine who you are in the market. Let's go! Two types of people There are a large number of people in the forex market and they are all different. But, even considering the diversity, there are still common features by which people can be divided. Some come with a desire to earn quickly, while spending not much time and effort. Others come to the market as a job. The first are simple players, mostly they lose money and eventually leave with nothing. The second are professionals. They know how to trade, they follow the rules and their discipline is at the highest level. How to determine which group you belong to? There are a couple of factors that distinguish an ordinary player from a real trader: 1. Risk management. The player, as a rule, does not follow the rules of risk management. The player's risk is equal to his capital. That is why players lose all their capital. Real traders rarely risk more than 1% of the capital. Such traders follow the rules of risk management in EACH position. Therefore, they never lose all their capital. 2. Trading plan. Players have not tested strategies and rarely study them to the end. They superficially learn new trading methods and run to the market to use them and therefore lose everything. Professionals know everything about their strategy, when to open, when to close, why and how much. A professional will have an answer to all questions and will have a plan. 3. Emotions and money. Do you trade for emotions? Do you like roller coasters at the market? If the answer is yes, then you are a player. Players come to the market to experience the full range of emotions and the market gives them this, but takes money in return. Professionals do not experience emotions, they are here to earn a living. Chasing emotions is not for them. 4. What do you want or what do you see? The player trades what he wants from the market. A player may see something on the street or some news and now he wants to open long positions without paying attention to the context of the market. A professional is not set up to trade long or short, he is set up to trade what the market is trying to show. If the market shows signs of growth, a professional will open long and vice versa. There are no desires here, there is only a plan, strategy and discipline. Conclusion Everyone should answer these questions to understand who they are in the market. Having defined yourself, you will be able to improve yourself, admitting mistakes is already half the case. This article also indicates the further path that will help you from an ordinary player to become a professional trader. Good luck! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Education
by Lingrid
14
$DKNG could popEvery time the upper AND lower bands in orange of the Bollinger pass within the Keltner Channel, there is a significant move. The direction is always unknown, but it's an excellent indicator of when a stock is coiled for a big move. The last few upper and lower band breaches resulted in big downwards moves. This most recent cross of both bands of the Bollinger into the Keltner Channel signifies another big move, but I think this time, the direction is up. It's already been slaughtered and I highly doubt it can get beat up more than it's already been beaten up. Side note: There was lots of unusual activity in the 15C expiring this Friday for $DKNG. Large purchase implying a big move by the end of the week. They also have the Stanley Cup and NBA finals going on right now so the bets should be flowing making for a could quarter (I believe they report in August).
NASDAQ:DKNGLong
by EBITDAtiger
2
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
PENN Return the casinos and bets and the title could go upThe policy of cohabitation with the covid has allowed betting rooms and casino reopening, The Americans therefore want to gamble. Return also the investors on the Stock, it seems there is a consistent increase of the positions LONG from the professional investors while the Institutional ones constantly reduce their positions SHORT in view of a passage LONG possible in the next weeks. The title has certainly suffered much the blow of this last wave and the previous positions but seems projected to rise. It will really go up ? We’ll see it in the next few weeks What do you think?
NASDAQ:PENNLong
by MarketMiracleAdvisor
1
$DKNG long V recoverySorry Jim Chanos, you're just dead wrong about this one. You might be right about WYNN tho. Go long DKNG. Looking very attractive right here and appears to be forming another V recovery. The prior V recovery brought DKNG to its ATH of $74.38. This could send it to those levels for an initial test and then hopefully an eventual breakthrough. (They usually don't break through prior resistance on the first try) Draftkings launch into the NFT space partnered with the NFL right before the Superbowl should make for a very fruitful quarter.
NASDAQ:DKNGLong
by EBITDAtiger
3
Draft KingsI might've gotten in too early here to be honest. However, I feel that draft kings has a lot of momentum with the variety of reach and marketability they have. The name is familiar and they continue to have good incentives and easy to use platform. I know their financials aren't the best but I consider this an emerging market even though some may disagree. I think as technology grows, so will the thirst of competitive gambling. I see a W pattern forming. As much as I want it to shoot up right now, I feel like the double bottom needs to truly form before a true move is made. I don't want a homerun here, I just want a base or two lol.
NASDAQ:DKNGLong
by Redimere_91
3
GAMB pushed ATH today, can we see $12.31 before a pull back?Gambling.com Group Limited, just went public and has been something I've been anticipating for awhile now as I have seen this company grow from under 10 people to over 150 in the last 5 years. As American States are opening up to legal betting they are constantly launching new websites and acquiring domain real estate and owning the affiliate gambling marketplace, as they should, since they are "gambling.com". today looks like a nice EW and thinking the final wave could break $12.31 at the 2.618 FIB Extension. blasted throught the 1.68 FIB EXT and as i was typing it we blasted through $12.31
NASDAQ:GAMBLong
by chuckery
90% of active investors lose money. The stats behind this numberThere is no secret. Most traders lose and we know exactly why. They ignore all advice and persist. So they deserve to lose. The AMF (the french "regulator", not sure what they are exactly), they looked at FX & CFD brokers responsible for half the volume of active investors, between 2009 and 2012. According to them: - In any year 84% of active clients lost money (83.8 - 84.2) - Over 4 years 89.4% clients lost money - Of those that traded for the whole 4 years, 87.56% lost money - The average loss per tx was around 25 euros, with the average tx size at least 50,000 euros (loss <= 0.05%...) www.amf-france.org The Polish regulator found similar results with 82% of losing clients in 2011. Brokers now publish their clients results and in any quarter the percentage of losers is around 75%, there is a famous broker with "only" 60-65% losers but its clients famously copy LONG-TERM stock portfolios. Less day traders = Less losers. The Bank of Japan has a report available: In 2015, based on the transaction data of FX firms which are the members of the Financial Futures Association of Japan, and excluding positions carried over more than 1 month, 86.1% of accounts are "intraday" . www.boj.or.jp You have to take that into account! Remove the day gamblers and the stats shoot up. Remove the bagholders going all in dreaming of 100X and the stats go even higher. Broker FXCM published its own interesting article. They looked at their clients over a year in 2014-2015. Among the interesting things we can get out of it: - 53% of clients with a reward to risk equal or greater than 1:1 had profits - 17% of clients with a reward smaller than the risk (< 1:1) turned a profit - 40% of clients with a leverage equal or lower than 5 were profitable - 17% of clients with a leverage equal or higher than 25 were profitable - Their clients average winners and losers were around 2/3 the daily ATR - The worst performances were made on the easiest most obvious trending pairs! www.fxcm.com I bet if you backtested a mindless trend following system with just a few conditions, and with a risk to reward of 1 to 3 or better it would end up green. Because markets trend. Literally just pick any 3 or more (daily) green candles and see, when it is followed by a red candle, how often that is a small pullback and how often it's not. And code a 3 to 1 RR, can't be that hard. Over 20 years it's sure to be green. Very volatile, but green. To deal with the volatility that's where some diversification comes in. If over 3 months you took 20 trades, 17 losers, and one 3R + one 11R + one 7R your history is all red you eat losers all the time but you still are up 4R. Markets simply trend. That's the way it is. The whole idea is to catch trends. Warren Buffett buys fairly valued or even cheap stocks hoping they will trend (for years). Georges Soros sells the British Pound in a range hoping the peg will break and the GBP will trend (for weeks) or he's selling the Yen and buying the Nikkei when it's ranging around its lows and not popular anymore hoping it will wake up and trend (for months or years). There is nothing more to it. We investors, regardless of asset or time horizon, are all trying to catch these trends. And hedgers that are forced to have an exposure as to per their business activities are trying to dodge those trends, by taking an opposite position to "cancel" their exposure. Brokers and "social sites" show their users aggregate positions and it's always the same story: Day Trading and Insisting on Being on the Wrong Side of the Trend. That's it.
Education
by MrRenev
2
Bet On The House LVS has emerged from the trenches of its COVID-induced bottoms as it had at one point over doubled from its trough. Yet, recently it has seen another bear market as it has sold off roughly 25%. However, the company is in a way better position to capitalize on both the reopening of the world economy and cheaper financing from lower rates. The finances support this backdrop as its current asset has risen to $5.63B as its liabilities have remained subdued to $2.46B as of Q1 2021. This gives it a current ratio (assets/liabilities) of 2.3, the healthies the company has seen in several years. Additionally, the company owns some of the best gambling assets in the world including the Venetian in Las Vegas, Marina Bay Sands in Singapore, and the Parisian in Macau. These assets may flourish as travel pick up around the world. Individuals and businesses will begin to spend more money on leisure and conventions which will ultimately drive the bottom line for these assets. Las Vegas Sands's global exposure also allows for diversification and global exposure to entertainment opportunities. The company has also flirted with the potential for a sports gambling and esports division which could drive growth in the future. Finally, the company releases on July, 21 which will give a portal into the outlook of its revenue and income. This will be the ultimate driver of the price action of the stock in the short term. Bet on the house.
NYSE:LVS
by howdydany
PENN - WAIT AND SEE BIG MOVE UP OR DOWNAll, PENN is WW here. I need a break both ways to enter unless you want to do a 1:1 ratio short puts to calls same timeframe or short term PUTS and long term calls 2:1 (bullsih bias) overall. Personally just would wait and see. Bullish Bias- Positive ER not necessarily factored in yet due to downtrend / resistance. Would need to do a ltitle more digging on fundamentals to see if it was already over priced, but has alreadyh came down a bit to begin with. SEMI more bull biased, but see bearish bias. Bearish Bias- Broke important trend AND looks like a H&S on Daily.
NASDAQ:PENN
by DigitalData