Topic: How about this Bitcoinica strategy? - page 3. (Read 3457 times)
You should buy back in before your profit evaporates.
Is anyone seeing a photo, like even if you click on the link in the OP ? Just curious... it IS my thread about my AWESOME strategy I wanted to share... 
My general strategy is to take an expected future value, something simple like a linear interpolation from the past week or so. When the price jumps higher sell, when it's lower buy, but only a little bit. In the inevitable situation that the price jumps again, sell/buy more. Make sure you have enough reserves to double down 3 or 4 times. If you predict it wrong 4 times in a row, well then you lose.
That's called Martingale strategy and is an absolutely certain (probability=100%) way for anyone to go bust. Read any book on trading. My general strategy is to take an expected future value, something simple like a linear interpolation from the past week or so. When the price jumps higher sell, when it's lower buy, but only a little bit. In the inevitable situation that the price jumps again, sell/buy more. Make sure you have enough reserves to double down 3 or 4 times. If you predict it wrong 4 times in a row, well then you lose.
Cool. What i've done is i've created two accounts; one for my main longer term position, and another for a short position to hedge on the down spikes. You might be able to see the photo now. Thanks for the recommendation Matthew. Sharing an image shouldn't be this difficult. I need sleep badly.
My general strategy is to take an expected future value, something simple like a linear interpolation from the past week or so. When the price jumps higher sell, when it's lower buy, but only a little bit. In the inevitable situation that the price jumps again, sell/buy more. Make sure you have enough reserves to double down 3 or 4 times. If you predict it wrong 4 times in a row, well then you lose.
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I thought it was rather clever, considering where I think price is headed. Whaddya think?
Image should appear now. Please let me know if it doesn't.
I thought it was rather clever, considering where I think price is headed. Whaddya think?
Image should appear now. Please let me know if it doesn't.
It doesn't... still a login page.
I thought it was rather clever, considering where I think price is headed. Whaddya think?
Image should appear now. Please let me know if it doesn't.
Best Bitcoinica strategy = owning it.
Well, that option is only available to one individual right now, who may at a later date change that option.
Being a user or not are my only other options.
So, from a user's pov.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
Best Bitcoinica strategy = owning it.
goddammit, adrive.com sucks
ah, lame sauce. let me fix that
I thought it was rather clever, considering where I think price is headed. Whaddya think?
Can't see it... redirects to a login page.
This photo is NOT edited, BTW...
http://www.mediafire.com/imageview.php?quickkey=1j0o0m1qhmfdqdn
I thought it was rather clever, considering where I think price is headed. Whaddya think?
I thought it was rather clever, considering where I think price is headed. Whaddya think?
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