.... I think that the 8h rule is necessary BUT I think to prevent unfair losses due to large unexpected events there could be a penalty option of perhaps 2% more or less that could be fined for posting within 8hr. The player would have to declare it or it would be considered cheating.
I think 4h would be enough to prevent trade-spamming and reduces pure momentum trading adequately. It's only a proposal. I can live with the 8h, too, but sometimes this timeframe is too long to trade the smaller waves...
...penalties? Well, there we talk about two different things. I don't want to get a penalty for trading (a bit) faster.
Post
Topic
BoardSpeculation
Re: [Trading Simulator] A fun & free Speculation Game - 78 PARTICIPANTS
He might effect new mayor lows with this sell. Market needs time to realize this dump
Well to be honest I lied, I went to sell it all but got scared so I only dumped 0.04btc for now, I am watching the graph like a hawk though and I will offload the rest soon enough. Just to give you the heads up maybe you should cash in!
I see, you not only dump! You dump like a pro!
For sure you did participate in one of my "Dump with Style" classes!
.... am I the only one whose mind is boggled by their ability to ignore what they said two days ago and still claim that what they are doing makes sense? It's like a populist party. Of course they were right all along. They have called every possible movement there is.
Waves on a chart tend to play themselves out in patterns (impulse, corrective) and adhere to fibonacci levels as EW dictates, but they are driven more by volume, trader psychology and supply/demand than by a predetermined set of rules. EW tries to quantify this behavior but I find it best to keep an eye on their possibilities while analyzing volume and trends and where they're likely to begin and end.
It's just one of many tools to use. Plenty of methods will help reduce risk and point one in a direction of high probability trades. At the end of the day though, good trading comes down to money management than anything else.
But yeah, on a basic level it's mind-boggling to sift through the plethora of EW charts. One of them has to be close, therefore EW works. This reasoning can suck in newbs IMO and give them a false sense of security.
Our pro-trader,basscleff. Mumbles about trading all days, and is nearly always wrong. Why don't you join the Trading game, where you can show your godlike skills to all the EW-noobs!?
He contributes. Imagine if you could use that massive brain of yours to do the same.
By contributing you mean that he toots his own horn 15 times day. As a troll it's no problem to contribute in the same manner, often I do - even in a so exaggerated way that people (with an iq above 50) can recognize some irony.
Did I say, as a troll? Is Basscleff a troll? Maybe...
We should ask Hooorhhhee - since he has the analytic view (kinda sixt sense)
.... am I the only one whose mind is boggled by their ability to ignore what they said two days ago and still claim that what they are doing makes sense? It's like a populist party. Of course they were right all along. They have called every possible movement there is.
Waves on a chart tend to play themselves out in patterns (impulse, corrective) and adhere to fibonacci levels as EW dictates, but they are driven more by volume, trader psychology and supply/demand than by a predetermined set of rules. EW tries to quantify this behavior but I find it best to keep an eye on their possibilities while analyzing volume and trends and where they're likely to begin and end.
It's just one of many tools to use. Plenty of methods will help reduce risk and point one in a direction of high probability trades. At the end of the day though, good trading comes down to money management than anything else.
But yeah, on a basic level it's mind-boggling to sift through the plethora of EW charts. One of them has to be close, therefore EW works. This reasoning can suck in newbs IMO and give them a false sense of security.
Our pro-trader,basscleff. Mumbles about trading all days, and is nearly always wrong. Why don't you join the Trading game, where you can show your godlike skills to all the EW-noobs!?
I feel bad that the bears just disappear when bitcoin moves up 20 dollars.
I haven't seen tarmi or NHJT since they promised us double digit coins!
But you dont refer to me, not? My hearth always goes out to you, but at the moment Im temporaly banned for posting fucking animals here - mods told me it were spam and off-topic. You believe it?! Spam and off-topic in the Wall Observer!!
For now, the Dump3er is long, but will dump (WITH STYLE) very soon when this small correction has finished and we return our travel to the double digits!
Cheers!
You have got to be kidding me. Dump3r? Long? Pigs? Fly?
I feel bad that the bears just disappear when bitcoin moves up 20 dollars.
I haven't seen tarmi or NHJT since they promised us double digit coins!
But you dont refer to me, not? My hearth always goes out to you, but at the moment Im temporaly banned for posting fucking animals here - mods told me it were spam and off-topic. You believe it?! Spam and off-topic in the Wall Observer!!
For now, the Dump3er is long, but will dump (WITH STYLE) very soon when this small correction has finished and we return our travel to the double digits!
Cheers!
Post
Topic
BoardSpeculation
Re: [Trading Simulator] A fun & free Speculation Game - 76 PARTICIPANTS
by
Dump3r
on 04/05/2015, 16:28:10 UTC
Buy @240.01
Since mods didn't like my biology-lessons in the wall-observer I must trade with this account
My cat told me to buy back in this morning. Seems sellers have exhausted their ammo.
The selling pressure is getting bigger by the day. If i was trading i'd prepare for another crash.
Weren't you just giving me sh*t because I was trying to do a big buy-in near the bottom of the 485-505 channel? And gloating that we hit 513 and I would buy in higher? And, now, at 515, you are saying we are going to drop?
You are an equal opportunitybi-polar real troll.
No. You clearly have troubles reading. Funny how you call me a troll just because you can't read.
You seem very upset and angry. Maybe you should stop trading and losing money.
All trolls (even fallling) are ashamed of you. But to retrieval our honor: You not a real troll, you are only dumb as a rock.
My cat told me to buy back in this morning. Seems sellers have exhausted their ammo.
The selling pressure is getting bigger by the day. If i was trading i'd prepare for another crash.
Weren't you just giving me sh*t because I was trying to do a big buy-in near the bottom of the 485-505 channel? And gloating that we hit 513 and I would buy in higher? And, now, at 515, you are saying we are going to drop?
You are an equal opportunitybi-polar real troll.
You better listen to me. Dump your USD soon, but not now.