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Topic: How to daytrade? - page 2. (Read 4359 times)

member
Activity: 84
Merit: 10
June 24, 2011, 05:39:48 PM
#8
Quote
I have better advice: >Listen to the 15% that aren't clueless
And have something to spend for yourself as well instead of saving up for an inheritance to leave behind.
Well I guess you totally showed me.

The 99% of the population holding the 10% of total wealth must just have totally been too dumb to manage that. It's so simple, when you think about it!

Clearly the odds are on your side if you want to go for the "risk your money with speculation" route.
The internet / forums / twitter is just filled with proof for Jack and Jill having a great, easy and successful time doing just that.
legendary
Activity: 1442
Merit: 1005
June 24, 2011, 05:30:11 PM
#7
Buy high, sell low Wink
Also sell low then buy high Wink
sr. member
Activity: 252
Merit: 251
June 24, 2011, 01:06:18 PM
#6
Don't listen to stuff you read on forums or that "Traders" tell you.

> 85% are clueless and lose money.

I have better advice:

>Listen to the 15% that aren't clueless

And have something to spend for yourself as well instead of saving up for an inheritance to leave behind.
member
Activity: 84
Merit: 10
June 24, 2011, 12:50:58 PM
#5
Any idea how to day trade? strategies? tips?

Don't listen to stuff you read on forums or that "Traders" tell you.

> 85% are clueless and lose money.

Best advice I can give you however is: Don't do it.

Work more, save money, spend prudently. You'll be amazed how much more likely this makes you to leave your children real wealth.
newbie
Activity: 42
Merit: 0
June 24, 2011, 12:11:25 PM
#4
@grue
Looking at the charts there's a definitive day-trading pattern. Buy between 3:00AM and 6:00AM, or 9:00AM and 12:00PM. Past 12 it either trickles down more or slowly rises. The volume activity corresponds well with those points; some better than others. So look for that, weighted prices on open, and watch Google news tickers about topic: "bitcoins". People either come running or bail at any sight of bad news. This is all day-trading advice however...

I value long-term investments slightly more.

Coinvestor (Ryan)
sr. member
Activity: 350
Merit: 250
June 24, 2011, 12:07:21 PM
#3
Any idea how to day trade? strategies? tips?

Very carefully Grin
full member
Activity: 182
Merit: 100
June 24, 2011, 11:30:19 AM
#2
Any idea how to day trade? strategies? tips?

Buy high, sell low Wink.  That way I have a counterparty for my daytrading.
legendary
Activity: 2058
Merit: 1452
June 24, 2011, 11:08:30 AM
#1
Any idea how to day trade? strategies? tips?
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