All posts made by Neo.op in Bitcointalk.org's Wall Observer thread



1. Post 8237049 (copy this link) (by Neo.op) (scraped on 2020-04-04_Sat_13.03h):
Quote from: sidhujag on August 07, 2014, 06:18:55 AM
Quote from: Torque on August 07, 2014, 02:24:57 AM
Quote from: adaseb on August 07, 2014, 02:16:14 AM
And I am also watching the price on Bitstamp.

The support for the last few days at 578 needs to break. I will be looking to short the bounce.

So let me get this straight, you're gonna short after a break to the downside? If so, you have mad traderz skillz bro!  Roll Eyes

Get rich via trading: wait for resistance to break, buy on dip, wait for support to break , sell on bounce

rinse repeat, easier said than done because of the mind and greed.
Problem is how do you know: a. how much will the retrace be? or b. if its not a true dip or bounce?