Post
Topic
Board Speculation
Re: Whats your crash-comming-panic-sell number?
by
BittBurger
on 18/11/2013, 23:00:19 UTC
You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble.  Now is the time to put stops in.  But keep them well below the trend line.  You don't want to get stopped out too soon.


Can you rewrite all of this in normal english, since most of us aren't stock market junkies?

Then when you finish that, reassure me that you're not trying to compare bitcoin to stocks again ... because you're wasting your time.

The rules don't apply.