9 replies to this topic

[NAV]

Bought SPX 2631 Stop 2625.5 for swing trade

[NAV]

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

[CLK]

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.

[NAV]

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

[NAV]

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.

[alexnewbee]

I thought all the trader needs ìs volatility. Ānd BTC gives a lot of it..
Just reduce the leverage.

[CLK]

 

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.

[NAV]

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

[alexnewbee]

Short @2651

[salam]

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

Very Nice