Bitcoin Forum

This seems like one hell of an opertunity. It would be good to now with more certainty what's going to happen next.

I keep my laptop beside my bed on mtgoxlive and clarkmoody. The fan wakes me up when big activity happens. I wake up briefly a couple times a night anyway, so I check it then.

day trading vs swing trading?

depends on how much sleep you want to get.

of course, (trailing) stop loss orders would also help.

I leave one monitor on clarkmoody's site and the other monitor on Bitcoinica and watch them from my bed while I go to sleep.  I open my eyes at least 5 times and check the price before I actually go to sleep.  Then when I wake up to go pee I blink a bunch of times till I can see the price and then I go back to bed.  Then when I wake up in the morning I wake up an hour before my alarm clock to check the price.  Uh...yeah, addicted.

If the price goes wild I'll sit down and do some midnight trading instead of sleeping.

If you have android phone donwload btc phush monitor from market.
This alert you price changes and is very usefull.  ;)

i put my Android underneath my left bun and when the price moves up more than 2% it vibrates.

I downloaded btc ticker widget from the android market and watch it religiously

My Droid3 has 3g, and it sucks!  So I can't get real time tickers directly on it. So, I use team viewer, and just connect to my PC. Then use my typical layout of tabs.

Y'all are crazy to be daytrading/nighttrading/swingtrading a hyper-volatile crypto-currency on exchanges open 24/7/365.  And "they" say speculators don't do anything!

Though honestly, I'd have made slight more money if I'd bought and held the coins I bought at $2.05, rather than buying and selling repeatedly on the way up.  For example, I had all of my sell orders from $5.00 to $5.70 today, and so I completely missed out on the rise from $5.70 to $6.  But if no one were selling and rebuying, there'd be no liquidity and bitcoin wouldn't be quite so useful as a currency.  Oh well, I guess liquidity is my contribution to the currency, rather than code or articles.

i've mounted a small monitor on the ceiling directly above my bed @ a 45 degree angle down toward my feet so that i don't have to roll over or open my eyes fully.

this is in addition to my Android just in case it runs out of charge.

Nice way to get butt cancer.

I sleep on my back and wear one of these with my iPhone in it:

http://i39.tinypic.com/2rgibds.jpg

Wait hold on... if you're not trading, why do you wake up at night to look at the price? lol

but you're a Bear.  why do you even care?  :D

lol :)

i've also ceiling mounted a drop down vertical screen btwn my wife and i so that the light from the monitor doesn't wake her up during the night.

Are you sure? I had a bitcoin price widget for my g1.

Yes, it would be nice to know the future...

Learn to sleep.

I've traded things more volatile, and that I could have lost my house on.

Sure, it wasn't pretty watching my large $15 buy in back in June fall to $2, but I'm in the black with an average price around $5 after six months of trading.  Happy to watch this for a long time yet.

might as well watch it while you're sleeping too! :D

my strategy is obviously easy: Simply_don't_sleep   :-\ :'(

Later that night.

Late night news reports of a man in mid 30s found dead in his downtown condo.

The Coroner's Report suggests that the subject had suffered from a blunt force trauma to the head. When questioned by the reporter as to how a freak accident like that could happen. The coroner replied, "I believed the cause of death had something to do with the 19" monitor protruding from the subject’s prefrontal cortex"...  

And there you have it folks! An unsuspecting Bitcoin "day trader" gets first hand evidence as to why Bitcoin's are hazardous to your health!

didn't i tell u i have it angled 45 degrees down toward my feet so i don't have to lift my eyelids more than 45 degrees.  a disastrous plunge of the monitor just misses my feet by 6 inches.  i've measured it out.

Sometimes I can see accurate depth/price/technical charts in my dreams.  No joke.   ;D

you're sick man, sick.

Time to head to Bitcoiners Anonymous...

I'll wake up the next day, turn on my phone to check the price... In order to defuse the anxiety while the page is loading I say in a stupid voice "durp durp durp... twwwoooo dollarsss :(" :P

Yeah.. that anxious feeling.  I had it the day I predicted the spike to $5.  I was like "oh gawsh it'll be $3."

I manage a lucid dream once in a while. Having an input from the real world would be awesome.

I don't know if my brain can handle TCMP. https://xkcd.com/269/

sad trombone (http://www.youtube.com/watch?v=sC75aU47GRk)

if all else fails, i have small speakers mounted on my head board designed to kick in in the event of total darkness for more than 5 min and which senses the lack of vibration coming from the mattress.  they recite the price in terms of USD's, Euros, Yuan, and Yen.

now you're just trolling ;D

Update on the "Bitcoin Day trader" story.


CRAZED WIFE KILLS SLEEPING HUSBAND WITH TV!

When questioned as to what had driven her to such action, with a sense of satisfaction she replied that she could not take anymore sleepless nights! "I told him that Bitcoins would be the death of him.” she said, "Since the price of Bitcoin was rising my husband was even more crazed then ever! “I will stick with this future Tech” as he put it. That’s why I made it look like the monitor accidently fell on his head!"




:D to be honest I was contemplating doing something very similar in my study.

Someone just put up a $50,000 buy wall at 5.44, and then took it down.

Seems someone can't type and run bots at same time.

+1

I have had lucid dreams of the bitcoin charts I watch.  When you spend all day looking at bitcoin charts it gets into your sub conscience and plays out during your REM trip on natural DMT =)

the only thing left is for you to get realtime updates during REM.

LOL

I've come close several times.

I have woken up while dreaming about bitcoin charts, only to find the real chart price is different than what it was in my dream, DANGIT!  How do I wire one of those Matrix jacks in the back of my head so I can have a bitcoin chart at the bottom of my dreaming view?

They say if you want to establish an out of body experience try some melatonin before bed. For me it makes me unable to get up! Yes it is a natural sleeping aid.

I use melatonin to sleep when I have a really hard time sleeping.  It sure is some deeper, trippier dreaming (ala more natural DMT production?) but it's never as trippy as conscience hallucinogen experimentation IMO.

you know what i dream about?  that little spinning thing in the right upper part of btccharts.

Probably the most practical way to do this would be to have a price movement to speech synthesiser of some type. You can probably pick up on sounds in the environment which come through to your dreams.

You are right actually!  If you are in REM and something in the real world makes a sound you incorporate it into your dream.  Tons of people I know have responded to speech while in REM.  That would totally work.  Quick, somebody program something to solve this problem.

good idea:  shit would be a spike up and shit shit would be a spike down.

If it said that I would probably just shit myself, multiple times.

Two nights ago there was a massive thunderstorm here. It sounded like the world was ending. I actually went outside to make sure it was a thunderstorm and not an invasion and was relieved to see lightning flash. At some point though I remember being half-asleep half awake and hearing the storm thinking it was the btc price crashing. When I checked it in the morning it hadn't though.

We dream during non-REM sleep too. REM sleep is aka nightmare mode. My theory is the rapid eye movement is keeping a look-out for predators such as wolves, bears and so on. The dream is a simulation to train us to survive when we get attacked by wild animals or even other people.

The other things dreams can help us do is get used to the idea of making a sexual pass on someone. Because you don't get slapped in the face in your dream you get more comfortable with the idea so that hopefully when you try it in real life you don't look like a creep.

Given this it may be best to give the brain simulated rather than actual data if you want to become a better trader. This risky trades could pay off if you practice risky trading in a simulation.

Does anyone have sex life here, between watching and worrying about the Bitcoin action late at night?

After I wake up each morning and see Bitcoins up another .50 cents, then I have an orgasm.

Well if you lose money on the market wait at least 12 hours before you masturbate. I cannot emphasise this enough. If your brain associates losing money on the market with being quickly followed
by a dopamine releasing activity (such as viewing porn) you are rewarding yourself for losing money and that's a very vicious cycle. Only reward your brain when you make money.

I get more pussy than Tampax!  8)

Bitches dig a profitable trader.

Lol nice. I was having sex when the genesis block was generated but I wish I was had of known about bitcoin back then!... "Umm excuse me I need to go download something on my computer it's not porn I swear i'll be back in a minute baby!"

I am thinking of using Stop-Loss Orders on CampBX Exchange, to fore-go the lose-my-shirt-overnight-on-Mt-Gox scenario.

Anyone trade with CampBX with stop-loss orders? Or is the volume too small to trade with them?

This sounds amazing.  Pics?

I used to date a chick that loved getting bitcoins put in her butt.  Then she dated my boss's son and I dumped her.  Now I can trade clearly without her distracting me.  Stupid chicks, only good for making me sandwiches.

P.S. true story about her dating my boss's son.

Chicks and ButtCoins.... who would have thought.

This guy:
https://bitcointalk.org/index.php?topic=30383.0

I see SlutCoin.org is still available...

Thanks everyone for the info.

see, you have no excuse for missing last Springs ramp.  now not so much...are you dreaming again? ;)

what you heard was the Bitcoin price spiking.  Up.

seriously?  :D

 :D :D

this is turning out to be one of my favorite threads.  other than Bitcoinica ones that is.

i seriously was thinking of starting one myself along the lines of Sleep or Bitcoin? or Stategies for Monitoring the Bitcoin price while Sleeping.

you beat me to it.

I'm awake again - lovely sleep - nothing happened in the bitcoin world worth worrying about that my pre-set orders didn't take care of.

What exchange are you on, for those pre-set orders?  Mt Gox is not a big help in that way.

??  if you have a view about where the market is, you set buys and sells at prices you want to trade at.  I have a trading plan and stick with it - works for me.  Too many knee-jerk reactions costs money while patience and nerve also helps. 

As a personal preference, I don't trade on Gox - I worry too much about getting funds out, no terms of service, and their casual disregard for users.

Or at least a better description.  It hangs down from the ceiling?  How tall is this mount?

So if you dont use Mt Gox, what exchange do you use to trade bitcoins?

The really big hole with MT Gox is you cannot do Stop Loss orders. You cant set a specific lower sell price to cover yourself if the market price goes down, it will just sell immediately at the next lowest price below the current price.

Now you can buy and sell above the current price  at a specific price, but Stop Loss is really what we need to protect our investments for markets falling on Mt Gox.

I dont understand why Mt Gox wont implement this.

Ragged, i'm not all about being serious; i was just kiddin  ;)