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That's what I suspected. Things are priced in US dollars and the retailer will convert to bitcoin for the transaction. Not unlike the Canadian dollar except things in Canada are priced in Canadian dollars. The problem I found converting Canadian dollars in the US is the exchange rate varies...

I know that bitcoin is accepted as currency by some retailers (Starbucks I think) If I go to Starbucks, is coffee priced in bitcoin or just a dollar equivalent? With the volatility how could you price an article in Bitcoin.

If only 5 or 10% of traders succeed, then they are probably doing something different that the rest of the traders.

It's just that I like my money to take the best jobs. Sort of like consulting, only work when someone is willing to pay well. Take the rest of the year off and enjoy life. I hated having to go to work every day and I have to assume my money feels the same way.

Somewhere in my list of why traders fail is "Impatience".

Naw! There is just you and everyone else who is out to get you.:sneaky:

:thumbsup::thumbsup: What a concept!!

What time frame are you trading? Don't your charts show that time frame.

It's not a bad idea really. Once you calculate indicators and plot them by hand, you start to realize that price moves the indicators not the other way around. When moving averages cross or stochastics moves it's because the price moves. Not the other way around. Pre computer, back in the...

Can you imagine releasing Blazing Saddles today

Any update?

If you have access to the Canadian market BITI BetaPro Inverse Bitcoin ETF

I do believe that keeping things simple is the best way to trade. I still have multiple monitors but switched to swing trading equities. Not sure I could operate without a keyboard. Still a one finger typist and am a real klutz at texting.

Wow !! I'm impressed. I used to day trade ES years ago and always thought I needed more monitor space.:)

What are you trading Bugsy and what time frame? I use a laptop with additional monitors.

Really. They seem like simple concepts to me. Open a position. Set a stop. There you have the keep losses small concept. Once the position moves in your favour trail the stop. Can it be anymore simple?

Which one of these are you having trouble with?

Do ya really think that calling the market direction here on ET is going to influence the market direction? I'm not sure what is going through the mind of traders who post what they hope will happen , but I'm guessing not much.

What are you trading and on what time frame?

How do you quantify your risk tolerance. Most people don't know what their risk tolerance is much less how to put a number on it. How do you define how risky something is?