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Title: Think of this as a Practice Fire Drill Post by: StewartJ on January 18, 2012, 02:53:57 AM Now can we all go back inside and start trading again?
Title: Re: Think of this as a Practice Fire Drill Post by: proudhon on January 18, 2012, 02:56:25 AM Now can we all go back inside and start trading again? Except several people got trampled on our way out of the building. Title: Re: Think of this as a Practice Fire Drill Post by: RyNinDaCleM on January 18, 2012, 02:57:36 AM 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. Title: Re: Think of this as a Practice Fire Drill Post by: Mark Oates on January 18, 2012, 02:59:53 AM It almost brought the whole house down.
http://zeoxdesign.com/stuff/btcbooks.png Another big sell in those conditions can be catastrophic. Title: Re: Think of this as a Practice Fire Drill Post by: SlaveInDebt on January 18, 2012, 03:01:38 AM 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? http://i42.tinypic.com/2dl6wix.jpg Yepp 3rd time I've post it. Title: Re: Think of this as a Practice Fire Drill Post by: StewartJ on January 18, 2012, 03:10:46 AM Maybe we should the take some personal time off for a reflection.
And then return to the trade floor refreshed. Title: Re: Think of this as a Practice Fire Drill Post by: StewartJ on January 18, 2012, 03:23:35 AM 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? Title: Re: Think of this as a Practice Fire Drill Post by: notme on January 18, 2012, 03:29:25 AM 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. Title: Re: Think of this as a Practice Fire Drill Post by: Mark Oates on January 18, 2012, 03:43:59 AM I don't think there's anything rational going on in the market right now. :P
Title: Re: Think of this as a Practice Fire Drill Post by: SlaveInDebt on January 18, 2012, 03:49:31 AM I don't think there's anything rational going on in the market right now. :P http://imgc.allpostersimages.com/images/P-473-488-90/53/5386/L2KJG00Z/posters/universe-you-are-here.jpg Title: Re: Think of this as a Practice Fire Drill Post by: jojo69 on January 18, 2012, 03:57:24 AM you guys haven't been trading this?
Title: Re: Think of this as a Practice Fire Drill Post by: Mark Oates on January 18, 2012, 04:00:41 AM Haven't landed an adequate price point yet. My spreads are very wide.
Title: Re: Think of this as a Practice Fire Drill Post by: RyNinDaCleM on January 18, 2012, 04:38:01 AM you guys haven't been trading this? I am! Sell @ $7.12 Buy @ $5.25 Sell @ $6.25 Buy @ $5.75 Sell @ ? ? ? Title: Re: Think of this as a Practice Fire Drill Post by: jojo69 on January 18, 2012, 04:50:17 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 Title: Re: Think of this as a Practice Fire Drill Post by: bittenbob on January 18, 2012, 04:54:45 AM 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.
Title: Re: Think of this as a Practice Fire Drill Post by: StewartJ on January 18, 2012, 04:56:42 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... Title: Re: Think of this as a Practice Fire Drill Post by: StewartJ on January 18, 2012, 04:57:33 AM Looks like some folks thrived on this volatility.
Title: Re: Think of this as a Practice Fire Drill Post by: jojo69 on January 18, 2012, 05:22:53 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 Title: Re: Think of this as a Practice Fire Drill Post by: chsados on January 18, 2012, 05:36:01 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? :D Title: Re: Think of this as a Practice Fire Drill Post by: RyNinDaCleM on January 18, 2012, 05:43:33 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. |
