shmadz
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@theshmadz


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November 22, 2014, 05:11:31 PM

Just to be clear, I'm not saying it won't drop from here, which in itself is probably a bullish indicator. Undecided

A bullrun on fiat? yyAy! Cheesy

I closed my short on the way up from 350 to 360 in a hoped to reopen it above 370 but I am starting to "panic".
I just trust the market to move against me whatever I choose to do. Tongue
Prudent advice. Always consider the worst case scenario.
With my trading skills thinking about worst case scenarios tends to lead into buying at the top and selling at the bottom.

Just stay patient and hope for the best seems like better advice. Some random swing will meet your bids/asks eventually. Maybe.

I prefer to substitute the word "trading" with "gambling"

As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.

I'm afraid of a situation where retail investors get involved and get slaughtered.

That is the main thesis for "as low as possible for as long as possible."