Re: Pump only happened to liquiidate Short Stops, Dump has now wiped out Long Stops.

I'm a broke college student, this is a hobby and I trade what I can afford to lose. Trading a dollar or a thousand, doesn't mean I didn't call it right Wink

Well, if it is your hobby, then get some schooling and learn how to do chart analysis properly....

....this 'pretty lines on a chart' method is bullshit. The way you have circled these apparent 'breaches' of some totally fucking arbitary support trendline as though they actually meant something is a recipe for disaster.

You mean doing it properly like you so I can get mad after losing money? I'll pass, doesn't seem like much fun to me.

Thanks for the time arguing, now I can get extra whipped cream courtesy of my sig campaign Grin

When market moves like it does, or like it did on Finex, Kraken, but quite literally nowhere else......there is no doing it properly.

In the trader community that I am part of, NOBODY called this right. The best, or rather the most disciplined traders, simply didn't take a position, cause BTC was in No-Mans land, and never offered up a trade setup that they liked. Majority will still be in their Long trades however, cos they all mostly trade on OKCoin Futures. Only Finex and Kraken pulled this FU move extraordinaire (I trade on Finex/Kraken).

But believe me, there is a whole elaborate art to technicals based trading that will pay dividends in most markets.......even in BTC, and I can spot right away that this is an art form which you sorely lack.

I have made thousands trading these fucking ridiculous 'arbitrary lines' in the past, the unfortunate thing was that by suceeding with this 'technique', I deluded myself into actually thinking it was a valid methodology. It isn't!