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Topic: Pump only happened to liquiidate Short Stops, Dump has now wiped out Long Stops. - page 2. (Read 1642 times)

legendary
Activity: 1218
Merit: 1003
We are the champions of the night

I'm a broke college student, this is a hobby and I trade what I can afford to lose.  Trading a dollar or a thousand, doesn't mean I didn't call it right Wink



Well, if it is your hobby, then get some schooling and learn how to do chart analysis properly....


....this 'pretty lines on a chart' method is bullshit. The way you have circled these apparent 'breaches' of some totally fucking arbitary support trendline as though they actually meant something is a recipe for disaster.
You mean doing it properly like you so I can get mad after losing money?  I'll pass, doesn't seem like much fun to me.

Thanks for the time arguing, now I can get extra whipped cream courtesy of my sig campaign Grin
hero member
Activity: 840
Merit: 1000

I'm a broke college student, this is a hobby and I trade what I can afford to lose.  Trading a dollar or a thousand, doesn't mean I didn't call it right Wink



Well, if it is your hobby, then get some schooling and learn how to do chart analysis properly......seriously.....(I could give good recommendations on where you could seek help with that)


....this 'pretty lines on a chart' method is bullshit. The way you have circled these apparent 'breaches' of some totally fucking arbitary support trendline as though they actually meant something is a recipe for disaster.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night

What!?

You took a 24 billion Satoshi Short Trade!?

How can you possibly get to sleep at night?

 Roll Eyes


Man...if I traded 0.24 Bitcoins, I would never lose. I would just leave trade on until it came good, and when it did, I could claim I called the market right, every single fucking time.

so erm....what do you plan on spending your $3.58 on?
I'm a broke college student, this is a hobby and I trade what I can afford to lose.  Trading a dollar or a thousand, doesn't mean I didn't call it right Wink

I think I'll treat myself to a coffee while I'm out tomorrow.  Gotta love that 20% discount from Foldapp Smiley

legendary
Activity: 1008
Merit: 1000
Dumb broad
Well, like I said...pointless even engaging with you.  For someone who thinks this is a trollforum, you've spent an awful lot of time and energy broadcasting your opinion here.

So, let me concede: your point of view is absolutely spot on, you are privy to all the facts and your schema is the actual and correct one.

If only you could locate the door with the same degree of certainty.
hero member
Activity: 840
Merit: 1000
Jesus, somebody pissed in your coffee this morning.  I was trading on Bitfinex, and still shorting because I think we'll be going back to test 350 soon.  Undecided where I'll get out yet, probably 360.  Got a stop set at 390, don't feel like losing any money.  Had it set at 400 when entering the trade, since I figured if we broke through there the hype would cause another rally.  





What!?

You took a 24 billion Satoshi Short Trade!?

How can you possibly get to sleep at night?

 Roll Eyes


Man...if I traded 0.24 Bitcoins, I would never lose. I would just leave trade on until it came good, and when it did, I could claim I called the market right, every single fucking time....


so erm....what do you plan on spending your $3.58 on?
legendary
Activity: 1218
Merit: 1003
We are the champions of the night

Oh, is that a Bitstamp chart you are using for your apparent 'TA'?

you fucking 'pretty lines on a price chart drawer' you!

Did you short on Bistamp as well did you?

Screenshot of your short trade entry and exit points or you are talking bullshit.....simples.

Jesus, somebody pissed in your coffee this morning.  I was trading on Bitfinex, and still shorting because I think we'll be going back to test 350 soon.  Undecided where I'll get out yet, probably 360.  Got a stop set at 390, don't feel like losing any money.  Had it set at 400 when entering the trade, since I figured if we broke through there the hype would cause another rally. 



hero member
Activity: 840
Merit: 1000
I know its pretty pointless arguing with you but perhaps you just got it wrong, perhaps you are not quite the trader you think you are?

No, no-one  was yelling short the last couple of days but then do you really take trading advice from the internet....really?

Equally did you really think we were going to break out past 400....there's been no true technical reversal from the original drop a few months back. And the sharp spike a few days ago should have been a massive alarm bell.  This has happened over and over.  I'm a very cautious trader and rarely do so but even I knew this mini-rally was just a piss and wind bull trap.

Bombing the forum with multiple threads and posts about how rigged the market is just makes you look extremely butt-hurt.  

Anyway, since you are going, don't forget your coat, enjoy the rest of the Scottish winter and have fun with your GBP.

I have never thought I was a great trader, quite the opposite infact which is why I have recently joined a trader community and am taking the trading courses through that community.

It is from this community that I take my trading advice, not from troll forums like this.

Within this small traders community, there are guys who do very well. They make money, most of the time. None of them seen this coming. Mind you, none of them got stopped out either, cos they all trade OKCoin Futures Contracts. Notice how none of the Chinese Markets, or Stamp, or even BTC-e got involved in this move to the same degree. All these exchanges, merely had a substantial, yet 'healthy' correction from the recent rise. Just the two big Western exchanges where margin is traded shot below the base point from which the last big pump started.

Now, if this doesn't set alarm bells ringing in your head as to the integrity of this market, and/or these exchanges, then I don't think anything ever will.

Well I had some in short @375, but doubled down when I saw the pump.  You don't have to have inside knowledge to recognize that a price raise for no reason while shit is hitting the fan isn't going to hold, especially when it isn't a strong breakout.  No need to get an attitude just 'cause you didn't call it right.

Oh, is that a Bitstamp chart you are using for your apparent 'TA'?

you fucking 'pretty lines on a price chart drawer' you!

Did you short on Bistamp as well did you?

Screenshot of your short trade entry and exit points or you are talking bullshit.....simples.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
What about the guys who shorted at 390$ ?

Who the fuck shorted at $390 just yesterday?

Very very few. The either highly (inside) knowledgeable and/or the utterly foolish and fortunate.

Well I had some in short @375, but doubled down when I saw the pump.  You don't have to have inside knowledge to recognize that a price raise for no reason while shit is hitting the fan isn't going to hold, especially when it isn't a strong breakout.  No need to get an attitude just 'cause you didn't call it right.

legendary
Activity: 1008
Merit: 1000
Dumb broad
I know its pretty pointless arguing with you but perhaps you just got it wrong, perhaps you are not quite the trader you think you are?

No, no-one  was yelling short the last couple of days but then do you really take trading advice from the internet....really?

Equally did you really think we were going to break out past 400....there's been no true technical reversal from the original drop a few months back. And the sharp spike a few days ago should have been a massive alarm bell.  This has happened over and over.  I'm a very cautious trader and rarely do so but even I knew this mini-rally was just a piss and wind bull trap.

Bombing the forum with multiple threads and posts about how rigged the market is just makes you look extremely butt-hurt. 

Anyway, since you are going, don't forget your coat, enjoy the rest of the Scottish winter and have fun with your GBP.
hero member
Activity: 840
Merit: 1000
What about the guys who shorted at 390$ ?

Who the fuck shorted at $390 just yesterday?

Very very few. The either highly (inside) knowledgeable and/or the utterly foolish and fortunate.

Market structure just wasn't their for a short, at least not a short for a move like what we have seen. This dump was just one set of hands. Nothing fundamental event, not technical analysis pointed towards this. Go find me one technician who was yelling short as Bitcoin consolidated around $390, after a strong move up, after a very long time testing very significant trendline. Au contraire, they were either yelling Long, or were eyeing up a Long setup, or were still holding a long position.

I was in the latter category, but did indeed have my stop triggered way down at very bottom of the move thusfar..........but this will be the last time BTC does this to me for a very long time. I imagine that lots of others are thinking the same thing, and that liquidity will be increasingly flowing out of Bitcoin.

don't worry dude even though now price drop, why not we take this moment to buy some coins and hold them until price up. we need push back price up

I don't want to buy $375 Bitcoin, when I just got stopped out at $366 on the biggest Fucking Fuck You of Fucking Fuck You Fucking moves Fucking ever. Infact, I refuse to. I don't care what Bitcoin does next. I want my money off the exchanges, back into GBP, and back into my bank account.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
don't worry dude even though now price drop, why not we take this moment to buy some coins and hold them until price up. we need push back price up
legendary
Activity: 1473
Merit: 1086
What about the guys who shorted at 390$ ?
hero member
Activity: 840
Merit: 1000
Pump only happened to liquiidate Short Stops, Dump happened to wipe out Long Stops.

Face it. Ram fucking news events, fundamentals, technicals, up Bitcoin's fucking arse. The above describes EXACTLY why Bitcoin has moved the way that is has. Bitcoin is a casino, rigged and moved by just a very few sets of hands, if not ultimately just one set of hands.

Rodent Chinese bastards who are running Bitcoin market may think they are smart stealing all the stupid whitemans money off him, but BTC traders are going to start dropping out of market like flies.

Next BTC move I make will be to take all funds off exchanges.....bet you there are a lot of other little fishies and perhaps not so little fishies thinking the exact same thing.
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