The flipist method - page 2. | Bitcointalksearch.org

waveaddict

hero member

Activity: 532

Merit: 500

Quote from: bitcoinBull on April 08, 2012, 05:20:56 PM

Quote from: rebuilder on April 08, 2012, 08:46:23 AM

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment.

Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later.

the charts never said that there was going to be a breakout to the upside when we were trading in the $4.9s...if anything they said exactly the opposite

rebuilder

legendary

Activity: 1615

Merit: 1000

I've done it again!
short 19.5BTC @ 4.7052

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: bitcoinBull on April 08, 2012, 05:20:56 PM

Quote from: rebuilder on April 08, 2012, 08:46:23 AM

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment.

Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later.

this. the wall was removed because it was redundant.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: rebuilder on April 08, 2012, 08:46:23 AM

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment.

Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later.

rebuilder

legendary

Activity: 1615

Merit: 1000

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

R-

full member

Activity: 238

Merit: 100

Pasta

This is hilarious! Imo go long for 4/20.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: rebuilder on April 06, 2012, 09:36:42 AM

Quote from: bitcoinBull on April 02, 2012, 02:40:44 PM

Pretty early to be short in a 3rd of 3rd wave up mega-rally. But thanks anyway for the 19 BTC.

The flip giveth, the flip taketh away. Anyway, I haven't closed the position yet, so it's premature to say anything about how it will turn out.

You may be in the money before too long.

rebuilder

legendary

Activity: 1615

Merit: 1000

Quote from: bitcoinBull on April 02, 2012, 02:40:44 PM

Pretty early to be short in a 3rd of 3rd wave up mega-rally. But thanks anyway for the 19 BTC.

The flip giveth, the flip taketh away. Anyway, I haven't closed the position yet, so it's premature to say anything about how it will turn out.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: rebuilder on April 02, 2012, 05:40:52 AM

I liqui dated my long , gaining $1.96 or 2.190% with a swap of -$0.25.

This leaves me with $94.34976 in my account.

Furthermore, I went short 19 BTC @ $4.8134

Pretty early to be short in a 3rd of 3rd wave up mega-rally. But thanks anyway for the 19 BTC.

rebuilder

legendary

Activity: 1615

Merit: 1000

I liqui dated my long , gaining $1.96 or 2.190% with a swap of -$0.25.

This leaves me with $94.34976 in my account.

Furthermore, I went short 19 BTC @ $4.8134

rebuilder

legendary

Activity: 1615

Merit: 1000

I'm back in.
Long 19 BTC @ $4.7103

fcmatt

legendary

Activity: 2072

Merit: 1001

the end result of such a strategy is destined to be a balance of zero due to the cost of getting in and out.
more often then not the price will stay within a range which will slowly eat away at any money you have in action.

teflone

hero member

Activity: 770

Merit: 500

You're fat, because you dont have any pics on FB

Man up...

This is bigger than you now... lol

rebuilder

legendary

Activity: 1615

Merit: 1000

The losses are piling in now!

I liquidated my long,
lost $4.30 or 4.640%.

Current balance:
$92.47656

I'm starting to get a bit bored here. I think I may stop this experiment in mid-May, as I know there'll be a few weeks there I won't be able to trade daily.

rebuilder

legendary

Activity: 1615

Merit: 1000

The trading is just relentless!

I've gone long again. Holding 19 BTC @ $4.8753

rebuilder

legendary

Activity: 1615

Merit: 1000

Maybe this is a bottom after all? I've liquidated my short but now hold no position. Lost $3.19 or 3.306%

rebuilder

legendary

Activity: 1615

Merit: 1000

Anticipating more drops to come, I've gone short 20.5 BTC @ $4.7114

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

Quote from: rebuilder on March 19, 2012, 05:34:47 AM

More action.

Liquidated my short position and am on the sidelines again.

Lost $3.19 or 3.120% on the liquidation. I now have 99.93 USD in my account. Less than I started with!

You only lost 7 cents over more than 3 months of flipping a coin

I love this thread.

rebuilder

legendary

Activity: 1615

Merit: 1000

More action.

Liquidated my short position and am on the sidelines again.

Lost $3.19 or 3.120% on the liquidation. I now have 99.93 USD in my account. Less than I started with!

rebuilder

legendary

Activity: 1615

Merit: 1000

And a quick 180 here. Liquidated my short for a loss of 1.04 USD, or 1.017 %. My balance stands at $103.16374, and I've gone long again,
19 BTC @ $5.374

Topic: The flipist method - page 2. (Read 13945 times)