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So what is the plan? How do you see the journal helping? Will you post the process and hope that the forum will hold you accountable?

Now add to those errors what you can do to avoid making them again. How do you stop overtrading after a loss? Etc.

I tell them I play the market. If they want to take the conversation further I tell them about my losses.

That may be true, but the debate is can trading beat buy and hold. What I have given you is a very simple system that will outperform.

OK Thanks any way. I didn't know what you were talking about or I wouldn't have asked. Aside from crypto being 24/7 (which makes it easier to control risk) I couldn't see any difference. Mind you I use the same rules for trading every thing. Lazy people make the best traders, they find the...

My point exactly. And people just sat and watched. LOL!! Are you being insulting to the average bitcoiner. :D:D. What you might find interesting is that when the system called for a sell on the last trade it had about 10 less bitcoin than when it started. And the system didn't sell anywhere...

How so? What did you find to be the biggest difference?

If you don't know what you are doing, dollar cost averaging into an index fund or index ETF is probably the way to go. If you can't outperform the index you probably should not be trading. The index manages your portfolio by rebalancing every so often and kicking out the non performers and...

I went back and ran the exercise. I used the open price of the bar after a weekly bar closed above or below the 30 week ma. From 2015 to today there were 8 trades. 4 winners and 4 losers. The first trade was a loser and had the biggest drawdown (16%) $1000 invested and held is now worth $73,000...

Not sure what trading method you are using. And I agree that looking back is easy. If you use a trend following system and buy and sell when the trend breaks I think you beat buy and hold. The system is long only. you buy when the trend changes. Throw up a weekly chart with a 30 week moving...

Like any trading system losses are inevitable but you keep them small. Bitcoin tends to trend pretty well.

The point is that trading can beat buy and hold. The point is that bitcoin is difficult to value. The point is that to calculate drawdowns you use the high price. The point is that there are better ways to manage a portfolio that HODL. The point is that the only control you have is when...

So do you have a loss or a profit? I don't know your cost. What I do know is that you have had one hell of a drawdown that in my opinion was unnecessary. And again I think you should define gaslighting for me because nothing I have said is false. It's not my fault you didn't sell at 69k. You...

Yes I believe the value of an asset is limited to it's price in dollars. I'll give you future value as long as it is based on something that can be quantified. You throw out future values but can't explain how you get to those values. BTW the future value you give is in dollars.

I agree you should have been out of those stocks when they changed trends. Why would you hold stocks that are trending down. I'm holding some enegy stocks right now but they are on a tight leash. It's not against the law to sell stocks you own. The object of the game is to buy stocks and sell...

But was it gaslighting? I still haven't found a way to value it. I can understand how all the above is important but how do you put a value on it? Would this be considered spreading FUD? :) But you are right, I'm not prepared for the government to shut down my bank accounts. Well I have...

Well now you know me! :) I've been doing it for the past 20 years.

John I never claimed you could sell at the top. I've always maintained you should sell when the trend changes. People have had the value of their bitcoin holdings reduced by over 70% whether you bought at 69k or not. At one point in time it was valued at 69k and todays value is not even close...

Victims of gaslighting are deliberately and systematically fed false information that leads them to question what they know to be true, often about themselves. They may end up doubting their memory, their perception, and even their sanity. Now I don't believe that I have ever fed you any false...

I would guess that news was expected and already priced in.