In other news, on BFX LTC crashed to 3$ and instantly rebounded to 4$, another missed trade, story of my life...
Coincident to-the-minute with the 405 bottom for BTC.
I learned this painful lesson the hard way - the liquidity of the Litecoin market on Bitfinex is too shallow to take large positions.
When you need agility to take advantage of a short-lasting bottom, the slippage on the LTC side is too much to bear.