Hello, I've been in bitcoin trading since august, and I must say, I'm not very good at trading... I sort of had like 5btc, and now I'm down to 3. That's Ok, shit happens.
I guess I've been bear-trapped like 99% of times.
Only today I've managed to understand what is a buy/sell wall, and I'm quite aware about the manipulation involved.
So- Could anybody please explain to me what is a bear trap.
I mean, it's going up and down, at a certain point it goes up like 30$, and then down.
How (can) do you recognize a bear trap from a ascending stabilization?
Note that I'm not asking something impossible, like a 100% correct prevision, or where and how should I invest, nobody can do that, not even btc-e trollbox.
