Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[...] caught nearly the exact top(for now anyway 
)! nice
Im in around 60% profit right now, will take some profit to cover fees in case we go back to my entry to stop me out (moved stop to entry)
)! niceIm in around 60% profit right now, will take some profit to cover fees in case we go back to my entry to stop me out (moved stop to entry)
Playing with FIRE (not the early retirement one). But good luck to you SS123, nice catch.
How am I playing with fire? I already took profits and set my stoploss as such I cannot lose money anymore, and even if I hadn't caught the top, when my stoploss hit I would've only lost 1%
Bitcoin steadily rose from 10250 to 10765 (up $515) on Sept 14th and you executed a short with possibly a 15 minute window that was an $80 drop at best if executed flawlessly and you don't see the fire? Dude, you're an adrenaline junkie.
Half an hour is waaaay more than enough time to click 2 buttons, while scalping its usually a way more success rate trade, so if I take enough trades im bound to come out positive, its just +EV gambling in a sense, its not that dangerous if you know how to manage risk