Quote from: Fatman3001 on August 28, 2015, 10:01:01 AM

Quote from: bassclef on August 28, 2015, 09:16:41 AM

Futures settlement party starts the right shoulder of an inverse head & shoulders reversal pattern. High volume buying on Stamp this week. Asks thinning out while bid sides firming up.

Get 'em if you want 'em; not much selling left to push the price down.

(imo)

This.

If you believe the price will go up, buy. If not, don't. Waiting for it to drop $2-3 when we're waiting for a pump is a bit strange to me.

But, by all means, feel free to come here and bitch about how you narrowly missed your buy in price when we're $30 up.

Yea it's kind of bullshit.

The point of bidding I think is psychological. If you want a return to a certain price because of a loss before you're ready to invest again a bid can give you that option. My view is making or loosing money isn't a matter of knowing the market as much as it is just luck. So if you think your luck sucks, then you'll do more bids, but if you think you have good luck you'll just do market buys. Or if you're just impatient. If you think the market will go up up UP and not look back then just buy the market price. If you are patient and are not sure the market will go up fast then you'll try waiting for a dip in price. It's all based on personal confidence in the market. Also if you've recently put in a lousy trade and want another chance to correct for it you'll bid, just to keep your own finances in order, and if you're stubborn enough that might work.