Absolutely right.... I used to call those the "Two Vs"... I use range variance for volatility, and position sizing for volume
5 Things I have learned in 5 years of trading!
- Thread starter sebking1986
- Start date
Absolutely right.... I used to call those the "Two Vs"... I use range variance for volatility, and position sizing for volume
'5 Things I have learned in 5 years of trading!"
For everyone, essentially, it is nothing. Not being funny or sarcastic, but basically no one can generate serious, consistent, profit money from the market.
It's one thing to talk about trading in a seemingly intelligent, hindsight, way.....but no one can actually trade the market successfully, consistently, to generate significant returns over time. The Holy Grail is elusive for 99.71% of all human beings who attempt to trade.
For everyone, essentially, it is nothing. Not being funny or sarcastic, but basically no one can generate serious, consistent, profit money from the market.
It's one thing to talk about trading in a seemingly intelligent, hindsight, way.....but no one can actually trade the market successfully, consistently, to generate significant returns over time. The Holy Grail is elusive for 99.71% of all human beings who attempt to trade.
Oh yeah i agree with the majority of what you've said although it has no instrinic value it does have value in being peer to peer and the speed in which people can transfer.
I completely agree there are so many ponzi schemes associated with crypto and i would not condone or participate in 99% of crypto I just feel it does have value in it could be a break away from conventional fiat systems but if that will happen or be allowed to happen is another question for sure
Definitely think its key to watch volume. As you say if its a powerful move and you're looking for a reaction as a reversal it surely drops the probability of that happening but if the volume of sellers say is tapering off and you're looking for a buy it would be a good indication
All 5 points would apply equally to Marriage, esp. point #5 when the results showed that YOU, the breadwinner were relegated to the basement but had to pay all the bills and college fees and the wife stopped cooking for you
I just had a thought that these points seem to be life rules as well. Almost all the things around us, especially not being strictly regulated, might be described like that.
The important part of investing in Crypto is only invest in blue chip coins
If your taking a chance on meme coins or so called 100X coins only through beer money at it
If you feel its not coming back hold until price comes backup to your entry point and Sell
If your taking a chance on meme coins or so called 100X coins only through beer money at it
If you feel its not coming back hold until price comes backup to your entry point and Sell
This is key, i think the bigger blue chips are the ones that have mass liquidity behind them. Its a long term gain either way