I want to trust one of you who tells me, buy now and sell now. Nothing more. - page 3.

0xz[.]

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Free Minds. Free Markets. Free People.

Quote from: afbitcoins on August 20, 2013, 07:46:49 AM

Trust yourself. It is a lottery to pick someone to trust. Decide wether you yourself think bitcoins will rise long term. If you can reach that conclusion then the buy and hold strategy is by far the safest, you'll need plenty of patience to hold long term though.

There is people knows to trade and is able to earn money. I trust the qualities of BTC but also want to make money. I want to join someone who knows get more performance out capital.

afbitcoins

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Trust yourself. It is a lottery to pick someone to trust. Decide wether you yourself think bitcoins will rise long term. If you can reach that conclusion then the buy and hold strategy is by far the safest, you'll need plenty of patience to hold long term though.

0xz[.]

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Free Minds. Free Markets. Free People.

Quote from: randrace on August 20, 2013, 04:04:31 AM

doobadoo!!!

Thanks randrace. ¡This is very good!

Then... who do you trust?

randrace

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LTC -> BTC -> Silver!

doobadoo!!!

bitcon

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Quote from: Zaih on August 19, 2013, 02:41:25 AM

Smoothie

^this. buy and hold!

joesmoe2012

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Ching-Chang;Ding-Dong

Quote from: vokain on August 19, 2013, 07:40:08 AM

Wrong paradigm to have. Please reconsider. Trading isn't as random as you may be led to believe. It's less and less stochastic the more you zoom out. Day trading however will kill your capital, just from commissions alone. Have fun figuring out a way to mechanically be greater than 50% right including commission. There is an art to knowing what side to be on in a market. Identifying that side on an intermediate-long term time frame will be your best friend.

Not true. Many traders lose 60-70% of their trades by number but make a majority of their profit on the fewer, but more lucrative trades. This is one of the reasons why one needs to fully understand limit orders and stop loss orders.

If you minimize your loss potential but have unlimited upside potential on every trade, you will eventually hit a couple of them. It's all about minimizing risk (I suggest a read of goombo's thread, though he trades using TA system, many of his principles are relevant to all types of day/swing/etc trading).

Best of luck

vokain

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Wrong paradigm to have. Please reconsider. Trading isn't as random as you may be led to believe. It's less and less stochastic the more you zoom out. Day trading however will kill your capital, just from commissions alone. Have fun figuring out a way to mechanically be greater than 50% right including commission. There is an art to knowing what side to be on in a market. Identifying that side on an intermediate-long term time frame will be your best friend.

0xz[.]

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Activity: 146

Merit: 100

Free Minds. Free Markets. Free People.

Quote from: vokain on August 19, 2013, 03:16:15 AM

Quote from: 0xz[.] on August 19, 2013, 03:10:02 AM

Quote from: tampazeus on August 19, 2013, 03:02:21 AM

Quote from: 0xz[.] on August 19, 2013, 02:54:21 AM

Quote from: ?? on ??

And keep in mind that only 20% win on the market. Which means that 80% loose.

The best move is not to play or invest. Buy&hold for 5 years. So far it's been very effective.

In five years we are probably already dead. Although you may not believe, this happens.
I hope and pray that you do not (of course).

With this attitude, why do you care to increase amount of Bitcoins with daytrading Huh

Because I hope to live at least one year.

Day traders don't exactly "live"

But the Day traders can hit more. It is absolutely impossible to know what will happen in 5 years. But yes, you can know more or less what will happen tomorrow.

vokain

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Quote from: 0xz[.] on August 19, 2013, 03:10:02 AM

Quote from: tampazeus on August 19, 2013, 03:02:21 AM

Quote from: 0xz[.] on August 19, 2013, 02:54:21 AM

Quote from: ?? on ??

And keep in mind that only 20% win on the market. Which means that 80% loose.

The best move is not to play or invest. Buy&hold for 5 years. So far it's been very effective.

In five years we are probably already dead. Although you may not believe, this happens.
I hope and pray that you do not (of course).

With this attitude, why do you care to increase amount of Bitcoins with daytrading Huh

Because I hope to live at least one year.

Day traders don't exactly "live"

0xz[.]

full member

Activity: 146

Merit: 100

Free Minds. Free Markets. Free People.

Quote from: tampazeus on August 19, 2013, 03:02:21 AM

Quote from: 0xz[.] on August 19, 2013, 02:54:21 AM

Quote from: ?? on ??

And keep in mind that only 20% win on the market. Which means that 80% loose.

The best move is not to play or invest. Buy&hold for 5 years. So far it's been very effective.

In five years we are probably already dead. Although you may not believe, this happens.
I hope and pray that you do not (of course).

With this attitude, why do you care to increase amount of Bitcoins with daytrading Huh

Because I hope to live at least one year.

tampazeus

hero member

Activity: 924

Merit: 1000

Lick me like a lolipop

Quote from: 0xz[.] on August 19, 2013, 02:54:21 AM

Quote from: ?? on ??

And keep in mind that only 20% win on the market. Which means that 80% loose.

The best move is not to play or invest. Buy&hold for 5 years. So far it's been very effective.

In five years we are probably already dead. Although you may not believe, this happens.
I hope and pray that you do not (of course).

With this attitude, why do you care to increase amount of Bitcoins with daytrading Huh

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: 0xz[.] on August 19, 2013, 02:43:33 AM

Quote from: vokain on August 18, 2013, 11:49:35 PM

get a grasp on fundamental valuation, learn how to discern composite market sentiment, and trade on an intermediate-long time frame. Buy before the others buy and sell before the others sell. The rest will come. Eventually you'll get the patterns, as long as you pay attention.

Emphasis added.

That's the hard part: I do not know the future.

Ride the wave but when things seem too polarized switch sides. But you're right, easier said than done. Worth trying though

0xz[.]

full member

Activity: 146

Merit: 100

Free Minds. Free Markets. Free People.

Quote from: ?? on ??

And keep in mind that only 20% win on the market. Which means that 80% loose.

The best move is not to play or invest. Buy&hold for 5 years. So far it's been very effective.

In five years we are probably already dead. Although you may not believe, this happens.
I hope and pray that you do not (of course).

Ardenyham

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Don't Hesitate to Tip me for My Helps and Guides.

Quote from: 0xz[.] on August 19, 2013, 02:43:33 AM

Quote from: vokain on August 18, 2013, 11:49:35 PM

get a grasp on fundamental valuation, learn how to discern composite market sentiment, and trade on an intermediate-long time frame. Buy before the others buy and sell before the others sell. The rest will come. Eventually you'll get the patterns, as long as you pay attention.

Emphasis added.

That's the hard part: I do not know the future.

You right, no one knows the future. It is about percentages, If your right more often than not you get profit.

0xz[.]

full member

Activity: 146

Merit: 100

Free Minds. Free Markets. Free People.

Quote from: vokain on August 18, 2013, 11:49:35 PM

get a grasp on fundamental valuation, learn how to discern composite market sentiment, and trade on an intermediate-long time frame. Buy before the others buy and sell before the others sell. The rest will come. Eventually you'll get the patterns, as long as you pay attention.

Emphasis added.

That's the hard part: I do not know the future.

Wagner2014

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Merit: 10

Quote from: 0xz[.] on August 18, 2013, 12:27:57 PM

Who do you trust in?

<-------------- see avatar

Zaih

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Smoothie

0xz[.]

full member

Activity: 146

Merit: 100

Free Minds. Free Markets. Free People.

Quote from: pr0d1gy on August 18, 2013, 08:06:29 PM

Why not just get a trading bot? Taking someone else advice about your own money is not always the best idea. Its a risk either way, you win some, you loose some.

You're right. But if you share your benefits, a percentage, for example 20%, then the expert has a great incentive to get it right.

That's my idea: to be successful you have to share: the best would be share profits and losses. Maybe we need to create a society.

vokain

legendary

Activity: 1834

Merit: 1019

get a grasp on fundamental valuation, learn how to discern composite market sentiment, and trade on an intermediate-long time frame. Buy before the others buy and sell before the others sell. The rest will come. Eventually you'll get the patterns, as long as you pay attention.

pr0d1gy

hero member

Activity: 658

Merit: 502

Why not just get a trading bot? Taking someone else advice about your own money is not always the best idea. Its a risk either way, you win some, you loose some.

Topic: I want to trust one of you who tells me, buy now and sell now. Nothing more. - page 3. (Read 6824 times)