Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
rpietila
on 25/03/2014, 16:02:49 UTC
People far overestimate the ability to pick tops and bottoms. I am better than most, because at least my trading is profitable. Still I typically only capture 30% of the full extent of a move, such as $100 per coin on average if the move was from 700->400.

Good for you that your trading is profitable, I know you took some serious losses to MtGox/sturles but atleast you didn't loose everything.

My Feb was actually positive despite of it, cause I nailed the 400 dip. You should care about sturles, because he is the one who must have got hit with his beloved exchange..:/