Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
RaginglikeaBoss
on 28/06/2016, 12:57:30 UTC
@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..

Just be careful with "stop losses" in illiquid or very small cap. markets.  We even recently saw a 220 BTC to USD "market" sell order on Coinbase/GDAX crash the price temporarily from $656 to $468.  And that's Bitcoin we're talking about.

No comments on XEM itself, just saying be careful when recommending trading techniques designed for more experienced users without explaining the pros & cons of such methods.

Happy trading, everyone!