Think of this as a Practice Fire Drill

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: jojo69 on January 18, 2012, 12:50:17 AM

nice job there poolmate!

I'm running
sell @ $5.78
buy @ $5.27
sell @ $6.80
buy @ $6.30

took a little haircut to get short again at 6.15, then the GF wouldn't clear the terminal and missed that last downspike...I need to be more assertive about my needs

Nice getting the $6.8 sell in there! I tried, but that was when I had my 20 min lag and said F-it. I ended up just getting rid of them at $6.25 since the depth was so shallow, I was kind of nervous about being all in when any moment could be the aftershock.

chsados

hero member

Activity: 662

Merit: 545

Quote from: jojo69 on January 18, 2012, 01:22:53 AM

I rather suspect this is what the operators around the turn of the 19th to the 20th century felt like waiting for the telegraph

dont you remember 56k on AOL? Cheesy

jojo69

legendary

Activity: 3164

Merit: 4345

diamond-handed zealot

Quote from: StewartJ on January 18, 2012, 12:56:42 AM

Dang! Kicking some Ace...

dumb luck, I assure you

the lag was so bad it was a total crap shoot, my best move, the buy at 5.27, was 20 minutes old and I had long "cancelled" it in disgust when it posted

I rather suspect this is what the operators around the turn of the 19th to the 20th century felt like waiting for the telegraph

StewartJ

sr. member

Activity: 392

Merit: 250

Looks like some folks thrived on this volatility.

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: jojo69 on January 18, 2012, 12:50:17 AM

nice job there poolmate!

I'm running
sell @ $5.78
buy @ $5.27
sell @ $6.80
buy @ $6.30

took a little haircut to get short again at 6.15, then the GF wouldn't clear the terminal and missed that last downspike...I need to be more assertive about my needs

Dang! Kicking some Ace...

bittenbob

hero member

Activity: 560

Merit: 500

Had multiple buy/sell positions and still do in order to accommodate large swings. There were about 10 sells and buys for me leading to a 12% increase in my Bitcoin/USD portfolio.

jojo69

legendary

Activity: 3164

Merit: 4345

diamond-handed zealot

nice job there poolmate!

I'm running
sell @ $5.78
buy @ $5.27
sell @ $6.80
buy @ $6.30

took a little haircut to get short again at 6.15, then the GF wouldn't clear the terminal and missed that last downspike...I need to be more assertive about my needs

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: jojo69 on January 17, 2012, 11:57:24 PM

you guys haven't been trading this?

I am!

Sell @ $7.12
Buy @ $5.25
Sell @ $6.25
Buy @ $5.75
Sell @ ? ? ?

Mark Oates

full member

Activity: 168

Merit: 100

Haven't landed an adequate price point yet. My spreads are very wide.

jojo69

legendary

Activity: 3164

Merit: 4345

diamond-handed zealot

you guys haven't been trading this?

SlaveInDebt

hero member

Activity: 699

Merit: 500

Your Minion

Quote from: Mark Oates on January 17, 2012, 11:43:59 PM

I don't think there's anything rational going on in the market right now. Tongue

Mark Oates

full member

Activity: 168

Merit: 100

I don't think there's anything rational going on in the market right now. Tongue

notme

legendary

Activity: 1904

Merit: 1002

Quote from: StewartJ on January 17, 2012, 11:23:35 PM

Quote from: RyNinDaCleM on January 17, 2012, 10:57:36 PM

Just business as usual! (except what's said above ^)

I always expect something like this to happen. I've seen it many times before. Perhaps not of this magnitude though.

Do you expect this crash to have quite a lingering effect on trading?

Hopefully it has taught some irrational bulls a lesson.

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: RyNinDaCleM on January 17, 2012, 10:57:36 PM

Just business as usual! (except what's said above ^)

I always expect something like this to happen. I've seen it many times before. Perhaps not of this magnitude though.

Do you expect this crash to have quite a lingering effect on trading?

StewartJ

sr. member

Activity: 392

Merit: 250

Maybe we should the take some personal time off for a reflection.

And then return to the trade floor refreshed.

SlaveInDebt

hero member

Activity: 699

Merit: 500

Your Minion

Quote from: RyNinDaCleM on January 17, 2012, 10:57:36 PM

Just business as usual! (except what's said above ^)

I always expect something like this to happen. I've seen it many times before. Perhaps not of this magnitude though.

Volume maybe?

Yepp 3rd time I've post it.

Mark Oates

full member

Activity: 168

Merit: 100

It almost brought the whole house down.

Another big sell in those conditions can be catastrophic.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Just business as usual! (except what's said above ^)

I always expect something like this to happen. I've seen it many times before. Perhaps not of this magnitude though.

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: StewartJ on January 17, 2012, 10:53:57 PM

Now can we all go back inside and start trading again?

Except several people got trampled on our way out of the building.

StewartJ

sr. member

Activity: 392

Merit: 250

Now can we all go back inside and start trading again?

Topic: Think of this as a Practice Fire Drill (Read 1671 times)