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Sk8eM dUb
2291d · BCH Speculation
Bull flag is eyeballing a breakout. I'm going to close my longs at $610 cuz there's a bearish BAT that completes around $620. It's going to take a dip before popping that resistance imo.
replied 2291d
So TA *is* useful for something. Can we get text formatting here, dammit? I want bold!
Sk8eM dUb
replied 2291d
Sometimes it's really obvious what's going to happen. Most other times it's a coinflip! I don't think we'll make it to 610, it really looks like it's outta gas for now.
replied 2291d
I've always been a hodl-investor, so I've got absolutely no skill at day trading. I've always thought it was a fools way to lose money, but clearly it has some predictive value.
Sk8eM dUb
replied 2291d
Whenever you're in a profitable trade your brain is on fire with the thought of how much money you could make if it runs up another 200% or whatever. That's how you make 0% or worse.
replied 2291d
Yes, even in my brief hodling trades I'm familiar with this feeling. And also the 'worse' one too :D
Sk8eM dUb
replied 2291d
Yup, if you ain't got a plan you're either a gambler on a roll or a gambler in the hole.
Sk8eM dUb
replied 2291d
I've found that the toughest part is not making predictions, it's executing a profitable trade. I'm getting better just because I'm sticking with it and learning the ropes.