You are right! But I already took profits.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
You are right! But I already took profits.
Scaleout.Scalper
Guest
This statement makes no sense lol
It does make sense when you trade on margin. Everyone has a different strategy.
Permabear is out for average 8 points on 3 positions.
Scaleout.Scalper
Guest
No it does not, in that case your solution would had been to scale out to accomodate.
Ha
Bitcoin now under $200
Dropping extremely hard the last few days
I remember last year people buying those coins above $500 and I said don't buy don't buy don't buy, they laughed and said they were only going higher, well bitcoin is headed lower, probably down to the double digits, no need to mine them since the cost to mining them is going to cost more than the value of each one mined
I still don't understand the idea behind virtual currency and how it started out of thin air, why would I buy bitcoin with cash and then use it to buy goods and services, and with the volatility why risk it, can bitcoin jump back to a few hundred or a $1000, sure it can but right now I wouldn't touch it, Ill buy a few under $10 when it gets there, too much hype behind something that makes no sense at all.
Fringe stuff attracts certain kind of people. I guess some make good money swing trading bitcoin since there are so much dumb money there, but then again, some steal millions of it like the Bitstamp hacking recently.
I also don't know why does anybody need them unless to launder some dirty money or buy illegal stuff.
Scaleout.Scalper
Guest
These positions are hard to decipher, can be a hedge, someone may be wanting to protect a huge long position.