Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Bitcoin & Solana Bull Flags Breaking Up

By -

In my last post on Thursday last week I was, among other things, looking at a sharply upsloping H&S on Bitcoin (BTCUSD) that had broken down with a target in the 92,000 area, though I was expecting that H&S to reject back up into the highs, and over last weekend Bitcoin broke down into a low at 97.7k.

On the face of it that was looking promising for the H&S to reach target but in my premarket video on Monday I put the case against that, on the basis that so far at least, this was looking like a backtest of the daily middle band as part of a bullish consolidation. In my premarket video on Tuesday I had drawn in the obvious bull flag setups on both Bitcoin and Solana (SOLUSD).

(more…)

The Illusion of Skill in Options Trading

By -

The Illusion of Skill in Options Trading: Why Most Traders Are Playing the Wrong Game

The Market Is Smarter Than You Think

If you’ve spent any time in the world of options trading, you’ve probably seen the headlines.

“How I turned $500 into $10,000 overnight!”
“The one trade that could change your life!”
“Make 300% in a week with this simple strategy!”

The financial world has always been a magnet for hyperbole, but options trading takes the cake. The lure of quick profits, the dream of striking it big—it’s the same intoxicating narrative that keeps gamblers glued to the roulette table in Las Vegas. And just like the roulette table, the odds are rarely in your favor if you don’t understand the rules of the game.

(more…)

The DeepSeek Retracement

By -

In my last post on Wednesday 22nd Jan, I was looking at the various targets for the move up from the January lows on the US equity indices, the all time high retest on SPX, which had just be reached, and the all time high retests on QQQ and DIA, which In my last post on Wednesday 22nd Jan, I was looking at the various targets for the move up from the January lows on the US equity indices, the all time high retest on SPX, which had just be reached, and the all time high retests on QQQ and DIA, which are still outstanding. I was also noting that a retracement to set up less vertiginously steep rising support trendlines on all three of these was overdue.

(more…)