If I was US trader | Bitcointalksearch.org

Ellen Alemany

member

Activity: 85

Merit: 10

Quote from: bitbot on July 13, 2011, 03:48:48 PM

Quote from: Grinder on July 12, 2011, 12:33:11 PM

Quote from: bitbot on July 11, 2011, 05:49:03 PM

there is a bell if you have the btc price monitor from the android market

No, there isn't. It shows you if the price has gone up or down in the past, but it can't tell you if it will continue to go up or down.

of course not moron
but there is an alert when it reaches a low or high price that you set
you can have a good idea of where the price is going if you know how to use the program

-1

bitbot

member

Activity: 70

Merit: 10

Quote from: Grinder on July 12, 2011, 12:33:11 PM

Quote from: bitbot on July 11, 2011, 05:49:03 PM

there is a bell if you have the btc price monitor from the android market

No, there isn't. It shows you if the price has gone up or down in the past, but it can't tell you if it will continue to go up or down.

of course not moron
but there is an alert when it reaches a low or high price that you set
you can have a good idea of where the price is going if you know how to use the program

Leon

newbie

Activity: 14

Merit: 0

Quote from: Oldminer on July 11, 2011, 04:43:57 PM

1. What I would do is transfer money to the exchange
2. Dont trade until weekend when I can buy cheap
3. ....
4. Profit?
5 No?

Try it..... Lol

abednego

newbie

Activity: 58

Merit: 0

Trading is buying low, selling high... and never being too cocky.

Thinking that you have the market figured out is being cocky. You'll bet the farm on your theory only to lose it all when a statistical deviation from that theory arises.

FreeMoney

legendary

Activity: 1246

Merit: 1014

Strength in numbers

Quote from: bitbot on July 11, 2011, 05:49:03 PM

there is a bell if you have the btc price monitor from the android market

and if you really want to make money from this kind of trading you can but you have to buy in bulk and set your sell orders up in advance so when the price peaks you are first in line

Setting up early only matters for an exact tie. Makes much more sense to undercut by .00001 than to make sure to get your order in days early.

CurbsideProphet

hero member

Activity: 672

Merit: 500

Quote from: FreeJAC on July 12, 2011, 03:25:57 PM

Quote from: DonnyCMU on July 12, 2011, 10:38:39 AM

yeah... Did that last weekend and lost money.

Why would you sell for a loss instead of just hold and wait for a more favorable price?

He probably assumed he would not get a more favorable price. There is no guarantee that BTC will only appreciate in value.

FreeJAC

member

Activity: 112

Merit: 10

Quote from: DonnyCMU on July 12, 2011, 10:38:39 AM

yeah... Did that last weekend and lost money.

Why would you sell for a loss instead of just hold and wait for a more favorable price?

Grinder

legendary

Activity: 1284

Merit: 1001

Quote from: bitbot on July 11, 2011, 05:49:03 PM

there is a bell if you have the btc price monitor from the android market

No, there isn't. It shows you if the price has gone up or down in the past, but it can't tell you if it will continue to go up or down.

DonnyCMU

full member

Activity: 143

Merit: 100

yeah... Did that last weekend and lost money.

dalamchops

sr. member

Activity: 345

Merit: 250

price didn't really drop last wkend....

bitbot

member

Activity: 70

Merit: 10

there is a bell if you have the btc price monitor from the android market

and if you really want to make money from this kind of trading you can but you have to buy in bulk and set your sell orders up in advance so when the price peaks you are first in line

JoelKatz

legendary

Activity: 1596

Merit: 1012

Democracy is vulnerable to a 51% attack.

It seems pretty easy, right? I mean, you look back at the chart and there's this low point when you could have bought and there's this high point when you could have sold. The thing is, it's a lot harder to find the high point and the low point when you can't look to the right on the chart. There's no little bell that goes off when you hit the top or the bottom.

Oldminer

legendary

Activity: 1022

Merit: 1001

Quote from: bitbot on July 11, 2011, 05:24:15 PM

NO

Lol

bitbot

member

Activity: 70

Merit: 10

NO

Oldminer

legendary

Activity: 1022

Merit: 1001

1. What I would do is transfer money to the exchange
2. Dont trade until weekend when I can buy cheap
3. ....
4. Profit?
5 No?

Topic: If I was US trader (Read 2006 times)