Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *7 Exchanges
by
flounderella
on 23/02/2014, 20:10:01 UTC
loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...



I'm too worried if I try daytrading the price will spike again and not come back down.

Read up on Elliot Wave Principle. Study it. Then use it in context of everything else that goes on. A smart trader is a rich trader.

Oh, and do use the graphs. They're there for a reason.  Smiley

We live in a world of highly deluded traders. I'm okay with technical analysis but in all frankness, Elliot Wave Principle is a lot of mumbo jumbo. Keep it simple. Moving averages, crossovers if you want, maybe stochastics if you are feeling brave. None of these necessarily "works" in itself. But through experience you can put them all together in a certain way, creating a "road map" through which to interpret the price action when it has already occurred.

Why did they collectively panic, Nullu?
Because the Elliott Wave Theory said so! ... Right.

I did quite clearly say "in context". Anyone blindly following Elliot Wave Theory will find themselves quickly very poor. I rely mostly on my own judgement, but Elliot Wave has helped me a great deal in spotting trends. The very fact that we live in a world of "highly deluded traders" that follow such principles is exactly why it can be exploited. You don't have to follow Elliot Wave Principle to profit from it. You just have to watch everyone else that does.

Sorry I misunderstood. We are saying the same thing then.

+1