Tradebat

In 2003 an accountant named Chris Moneymaker joined an $86 poker tournament by accident, then tried to lose it on purpose. He failed at both and won $2.5 million. In the video below he tells it himself: "I couldn't sell the seat and 4th place was $8,000 in cash. I tried to get 4th place. That was my goal. I wanted to get 4th place. We got down pretty deep and I started trying to dump some chips to get 4th place." He had meant to join a cash game. He says he had about $200 in his account at the time, and only worked out afterwards that he had registered for a satellite into a satellite into the World Series of Poker. He says he never would have played if he had known. That $86 game fed into a $630 one with 69 players and three seats to the Main Event. Three seats meant fourth place was the first losing position, and it paid $8,000 in cash. He wanted the cash. The seat couldn't be sold or transferred in 2003 — you played it or you burned it. So he started throwing chips away. While he was doing it, a friend noticed, called him, and bought half his action. He couldn't lose. He got a seat. He had never played a live tournament in his life. In Vegas he knocked out Phil Ivey without knowing who Ivey was — he only knew three players in the world. Then he beat Sam Farha heads-up, going all in on the river with King high and nothing else. $86 became $2,500,000. That is 29,070 times his money. He was aiming for $8,000. He missed by $2,492,000. He calls the whole run a lottery ticket. But nobody bluffs Sam Farha off a pair with King high by accident. So which is it — was he lucky, or is he a genius?

We never got the attack on the FVG above the range before moving down This leaves an extremely clean target if this range low can be properly swept (liquidity at red circle) and reclaimed Still flat and waiting for confirmation before going long with reduced sizing