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#1 NAV

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Posted 07 December 2017 - 09:47 AM

Bought SPX 2631 Stop 2625.5 for swing trade


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#2 NAV

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Posted 07 December 2017 - 10:36 PM

On Coinbase, Bitcoin briefly hit 20k and dropped to 15k. Wild !


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#3 CLK

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Posted 08 December 2017 - 12:18 AM

I bought the breakout, set my stop 1000 points lower then was up 1500, now I'm stopped out. 

Bitcoin trades on trendlines, any break of the TL and you just have to take profit, no maybe I'll

wait and see.

   

I wasn't watching it so my fault.



#4 NAV

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Posted 08 December 2017 - 12:36 AM

Bitcoin headlines - it's all over the web. Crazy crazy !


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#5 NAV

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Posted 08 December 2017 - 12:40 AM

I bought the breakout, set my stop 1000 points lower then was up 1500, now I'm stopped out. 

Bitcoin trades on trendlines, any break of the TL and you just have to take profit, no maybe I'll

wait and see.

   

I wasn't watching it so my fault.

 

I woudn't touch bitcoin with a 100 foot pole. Market is full of gaps. I have seen $300 - $500 gaps on intraday charts. 

 

It dropped from 17000 to 14000 in 4 hours. 1987 type crashes occur in bitcoin everyday. It's not a tradeable instrument.


Edited by NAV, 08 December 2017 - 12:45 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#6 alexnewbee

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Posted 08 December 2017 - 01:05 AM

I thought all the trader needs ìs volatility. Ānd BTC gives a lot of it..
Just reduce the leverage. :)
"we do G.d's work" Lloyd Blankfein

#7 CLK

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Posted 08 December 2017 - 06:42 AM

 

I bought the breakout, set my stop 1000 points lower then was up 1500, now I'm stopped out. 

Bitcoin trades on trendlines, any break of the TL and you just have to take profit, no maybe I'll

wait and see.

   

I wasn't watching it so my fault.

 

I woudn't touch bitcoin with a 100 foot pole. Market is full of gaps. I have seen $300 - $500 gaps on intraday charts. 

 

It dropped from 17000 to 14000 in 4 hours. 1987 type crashes occur in bitcoin everyday. It's not a tradeable instrument.

 

 

 

The gaps yesterday were $300 spreads of bid and ask on the drop. It's not that hard to trade, the TL's are clean

you can see when it tops, 5-15 min. chart.



#8 NAV

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Posted 08 December 2017 - 09:39 AM

Took 17 points profit on 1/3rd position. Will ride the rest.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#9 alexnewbee

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Posted 08 December 2017 - 12:59 PM

Short @2651
"we do G.d's work" Lloyd Blankfein

#10 salam

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Posted 08 December 2017 - 02:56 PM

Took 17 points profit on 1/3rd position. Will ride the rest.

Very Nice :)


I'm not sure what my future holds... But I know who holds it.