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Old 06-12-2018, 03:40 PM  
pimpmaster9000
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Join Date: Dec 2011
Posts: 26,732
Quote:
Originally Posted by OneHungLo View Post
Just stop. I've been trading stocks and options for 25 years. You will not convince me you're using buy orders and stop losses to get .5% here and there. There's no way in hell every time your buy orders get picked up they never reverse, they only go up and you sell for your 1/2%
yes but you have not been trading crypto...an experienced trader does not comment a market he does not know...even though I have been trading for only 6 months you have not spent months watching BTC price action but I have...2-3% changes happen sometimes 10x/day...thats 10 opportunities to catch a bounce...the average change in price today was 5-10%...

I only have to catch one of them and I never said I do not miss...I miss daily...if i miss it costs me 0.05% I can afford to be stopped out several times in a row...I can afford to have a 0% day or a -1% day...thats 20 missed tries and I will make it up with one good one or some smaller ones...
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