Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Actually, I agree with you, but the owner of a smaller level of assets frequently wants to catch up and gets anxious and then starts to make BIG ASS mistakes..
Probably the most important point in your response. Perhaps the most important part of having a strategy, is that you have a mechanism for dealing with both market boredom (price in a tiny range for days on end) and market terror (to the point where your brain has a hard time catching up with the level of change).
The strategy is methodical. It will never yield results as good as the uber-trader who somehow 'knows' what point the lows are, and 'knows' what point the highs are. But it will always be positive. ( I really fee that uber-trader is just lucky, and everyone's luck runs out some time).
I'll dig through my post history, and find the clearest to day exposition of the process. Just for you. Well, you and everyone else reading.
Hahahhahahaha.. Everyone. I am in agreement with a bear!!!!!
I already know that bears eat people... so even though you are being nice... I am going to keep a little bit of bear spray prepared, just in case you are not nice anymore. Otherwise, I have some honey. Winnie the pooh likes honey, and I am of the belief that you like honey too, at least enough that I can distract you with it while I run away.
I'll dig through my post history, and find the clearest to day exposition of the process. Just for you. Well, you and everyone else reading.
OK, I found the post. It is a skeleton which assumes some previous knowledge, but provides the basics for those interested.
https://bitcointalk.org/index.php?topic=178336.msg22405941#msg22405941
Interestingly, I needed to link to a post directly before my post of interest. I still see the post, but am unable to link to it. More overzealous moderation? Someone erasing my previous history? I dunno.
In case I am shadowbanned - JJG - here is your response that quotes the most salient portion:
https://bitcointalk.org/index.php?topic=178336.msg22411843#msg22411843
Sure it is possible that some of "The Powers That BE" (TPTB) could be "out to get you" even when you are providing what could be useful to both bears and non-bears... and even daughters and non-daughters.... Go figure.