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201
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Economy / Speculation / Re: PnF TA
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on: June 28, 2016, 01:33:36 PM
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http://www.thinkfn.com/wikibolsa/Tom_Dorsey's_Trading_TipsWhy You Need Technical AnalysisNo matter how terrific your stock, it won't rise in price unless someone wants it badly enough to pay more for it than you did. That's the law of supply and demand, and it controls prices o要 every open market. Quality, the basis of value investment strategies, is o要e of the factors in whether or not anyone wants your stock. That's why you need to create a list of sound stocks. To do this, you use fundamental analysis. Fundamental factors entail everything that affects a company's business prospects, including its assets, earnings, products, markets, competition and management. For fundamental analysis, you should rely o要 professional analysts. No o要e person could possibly do all the necessary research, but many sources can provide you with the information you need. The resources you will want to use depend o要 many factors, including the amount of your own time you have to spend, whether you use a conventional or o要line brokerage service, how much you are willing to pay for help and which new Internet resources are available. However, to determine whether your high-quality stock is going to make you any money, you need to add technical analysis. Technical analysis is the study of stock price and volume movements. Simply stated, are prices rising or falling? Technical analysis is much more simple than fundamental analysis; knowing how to do it yourself can put you ahead of the pack.
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202
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 01:12:38 PM
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@rtrtcrypto
You say I got burned? When and how? (trading wise)
Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:
1) Stop loss
2) No margin or small leverage
Like I said, risk management..
Just be careful with "stop losses" in illiquid or very small cap. markets. We even recently saw a 220 BTC to USD "market" sell order on Coinbase/GDAX crash the price temporarily from $656 to $468. And that's Bitcoin we're talking about. No comments on XEM itself, just saying be careful when recommending trading techniques designed for more experienced users without explaining the pros & cons of such methods. Happy trading, everyone! Stop loss the concept! You are right to clarify this... A big question is if stop loss should be used anyway (I say yes). |
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203
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 01:11:19 PM
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@rtrtcrypto
You say I got burned? When and how? (trading wise)
Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:
1) Stop loss
2) No margin or small leverage
Like I said, risk management..
Although I agree with what you say in the post above, I must say that I don't agree with you in general. (leverage is evil and I'd advise anyone to be cautious after sudden changes in price) The thing here, is that you assume everyone is only interested in getting more BTC from trading altcoins. If you knew the NEM community you would take into consideration that we are actually only interested in long term gains. Therefore my risk management is : Keeping my XEM in my wallets and hold them there untill I can really start using them in stead of dumping on exchange for bargain prices :-) Let's be fair here , you are promoting day trading while you seem to be insensitive for the fact that lots of people are not interested in those practices. Do you know how many people we've seen here that thought that they were selling during a high with the expectation to buy when XEM was on a retrace (or whatever daytraders call it) ? Lot's of people have burned their hands while trying to achieve some additional gains. It may very well be that you are a master trader that has a system to prevent you from missing out on these spikes but there are some facts that you are missing here. First of all, the reason why so little people have been paying attention to NEM is because we have never been interested in hyping NEM to traders. Nothing good will come from that in the long run anyway. Getting attention from people that are in it for the long run and are actually interested in NEM's technology is the only thing that counts. So although we may have gotten some daytrader attention now, I'm sure some new long term hodlers have discovered NEM in the last couple of weeks. Ever wondered why so little people are dumping after a surge like that  Second thing. Lots of developments are going on behind the scenes. Do you have any trading system/indicator that can predict the impact of the above mentioned things? I may be wrong in not taking a profit here and there after a huge spike but at least I don't have to worry missing the train when it's leaving for the next station. The reason I'm replying to your posts is mainly because I don't want newbie investors to listen too much to all that daytrading wisdom. It will only harm them in the long run IMO. As long as it's not daytrading that dictates the price of XEM your analysis will only get you this far, but may just as well force other people to make bad decisions for themself in the long run. My advice to anyone interested in NEM: 1. Take your time to research what this NEM thing is all about 2. If you want to be a day trader , feel free to do so but don't forget lots of people are only losing money on it. 3. If you chose not to become a daytrader then don't let sudden price fluctuations affect your mood, don't panic sell and don't FOMO buy! 4. Enjoy the ride! Everything in life has its ups and downs. And it's the downs that separate the boys from the men (or girls from the women if you like  ) Let's continue there: https://bitcointalk.org/index.php?topic=1064374.msg15395620#msg15395620 |
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204
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Economy / Speculation / Re: PnF TA
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on: June 28, 2016, 01:07:49 PM
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@rtrtcrypto
You say I got burned? When and how? (trading wise)
Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:
1) Stop loss
2) No margin or small leverage
Like I said, risk management..
Although I agree with what you say in the post above, I must say that I don't agree with you in general. (leverage is evil and I'd advise anyone to be cautious after sudden changes in price) The thing here, is that you assume everyone is only interested in getting more BTC from trading altcoins. If you knew the NEM community you would take into consideration that we are actually only interested in long term gains. Therefore my risk management is : Keeping my XEM in my wallets and hold them there untill I can really start using them in stead of dumping on exchange for bargain prices :-) Let's be fair here , you are promoting day trading while you seem to be insensitive for the fact that lots of people are not interested in those practices. Do you know how many people we've seen here that thought that they were selling during a high with the expectation to buy when XEM was on a retrace (or whatever daytraders call it) ? Lot's of people have burned their hands while trying to achieve some additional gains. It may very well be that you are a master trader that has a system to prevent you from missing out on these spikes but there are some facts that you are missing here. First of all, the reason why so little people have been paying attention to NEM is because we have never been interested in hyping NEM to traders. Nothing good will come from that in the long run anyway. Getting attention from people that are in it for the long run and are actually interested in NEM's technology is the only thing that counts. So although we may have gotten some daytrader attention now, I'm sure some new long term hodlers have discovered NEM in the last couple of weeks. Ever wondered why so little people are dumping after a surge like that Second thing. Lots of developments are going on behind the scenes. Do you have any trading system/indicator that can predict the impact of the above mentioned things? I may be wrong in not taking a profit here and there after a huge spike but at least I don't have to worry missing the train when it's leaving for the next station. The reason I'm replying to your posts is mainly because I don't want newbie investors to listen too much to all that daytrading wisdom. It will only harm them in the long run IMO. As long as it's not daytrading that dictates the price of XEM your analysis will only get you this far, but may just as well force other people to make bad decisions for themself in the long run. My advice to anyone interested in NEM: 1. Take your time to research what this NEM thing is all about 2. If you want to be a day trader , feel free to do so but don't forget lots of people are only losing money on it. 3. If you chose not to become a daytrader then don't let sudden price fluctuations affect your mood, don't panic sell and don't FOMO buy! 4. Enjoy the ride! Everything in life has its ups and downs. And it's the downs that separate the boys from the men (or girls from the women if you like ) This post above deserves a lengthy answer which currently I don't have the time to do but I promise I will! Just a quick comment: I cover from very short term trades to perma hodl investments (but where to buy? where to finally take profit? never??) Fundamental Analysis => What to buy Technical Analysis => When? So the real questions are: 1) Is XEM at 1900 satoshi (from TA PoV) suitable for long term investors? An analyst must be able to answer this to a guy that wants to buy XEM now. IMHO, XEM is in short to medium term trade mode now... 2) Will you sell if it goes 1bn market cap? |
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206
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 12:48:12 PM
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@rtrtcrypto
You say I got burned? When and how? (trading wise)
Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:
1) Stop loss
2) No margin or small leverage
Like I said, risk management..
Although I agree with what you say in the post above, I must say that I don't agree with you in general. (leverage is evil and I'd advise anyone to be cautious after sudden changes in price) The thing here, is that you assume everyone is only interested in getting more BTC from trading altcoins. If you knew the NEM community you would take into consideration that we are actually only interested in long term gains. Therefore my risk management is : Keeping my XEM in my wallets and hold them there untill I can really start using them in stead of dumping on exchange for bargain prices :-) Let's be fair here , you are promoting day trading while you seem to be insensitive for the fact that lots of people are not interested in those practices. Do you know how many people we've seen here that thought that they were selling during a high with the expectation to buy when XEM was on a retrace (or whatever daytraders call it) ? Lot's of people have burned their hands while trying to achieve some additional gains. It may very well be that you are a master trader that has a system to prevent you from missing out on these spikes but there are some facts that you are missing here. First of all, the reason why so little people have been paying attention to NEM is because we have never been interested in hyping NEM to traders. Nothing good will come from that in the long run anyway. Getting attention from people that are in it for the long run and are actually interested in NEM's technology is the only thing that counts. So although we may have gotten some daytrader attention now, I'm sure some new long term hodlers have discovered NEM in the last couple of weeks. Ever wondered why so little people are dumping after a surge like that Second thing. Lots of developments are going on behind the scenes. Do you have any trading system/indicator that can predict the impact of the above mentioned things? I may be wrong in not taking a profit here and there after a huge spike but at least I don't have to worry missing the train when it's leaving for the next station. The reason I'm replying to your posts is mainly because I don't want newbie investors to listen too much to all that daytrading wisdom. It will only harm them in the long run IMO. As long as it's not daytrading that dictates the price of XEM your analysis will only get you this far, but may just as well force other people to make bad decisions for themself in the long run. My advice to anyone interested in NEM: 1. Take your time to research what this NEM thing is all about 2. If you want to be a day trader , feel free to do so but don't forget lots of people are only losing money on it. 3. If you chose not to become a daytrader then don't let sudden price fluctuations affect your mood, don't panic sell and don't FOMO buy! 4. Enjoy the ride! Everything in life has its ups and downs. And it's the downs that separate the boys from the men (or girls from the women if you like ) Will read this later, markets are moving like crazy today! (Come to daddy Sia ) |
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209
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 11:57:04 AM
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We live and learn  We all make mistakes and there will be more  Let's just stay solvent.  See you in 2020, curious for that year, mostly. I don't think I said you GOT burned, I'm saying an attitude that you are somehow able to see the market as clearly as you imply will most likely lead to you getting burnt. I say that because I see you getting more and more confident. I'm extrapolating that over time you will risk more and more as you become more and more sure of yourself. Thus the warning to not drink your own kool-aid THAT hard. But, you are your own man, do as you please. I'm curious to see how it plays out. @rtrtcrypto
You say I got burned? When and how? (trading wise)
Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:
1) Stop loss
2) No margin or small leverage
Like I said, risk management..
My biggest 'burn' so far was before P&F when the hacker returned me $200k, the price was 650$ (summer 2014) and I kept watching them losing value and panicked sold the f@ckin bottom at 275$ (bearwhale at Stamp)!!! lol That teached me an expensive lesson Why 2020? In order not to derail the thread, here is the XEM sexy buy zone, in case it dumps (classical Fibonacci analysis):  645-930, I say 700 is pretty awesome buy anyway... |
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210
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 11:43:24 AM
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I don't think I said you GOT burned, I'm saying an attitude that you are somehow able to see the market as clearly as you imply will most likely lead to you getting burnt. I say that because I see you getting more and more confident. I'm extrapolating that over time you will risk more and more as you become more and more sure of yourself. Thus the warning to not drink your own kool-aid THAT hard. But, you are your own man, do as you please. I'm curious to see how it plays out. @rtrtcrypto
You say I got burned? When and how? (trading wise)
Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:
1) Stop loss
2) No margin or small leverage
Like I said, risk management..
My biggest 'burn' so far was before P&F when the hacker returned me $200k, the price was 650$ (summer 2014) and I kept watching them losing value and panicked sold the f@ckin bottom at 275$ (bearwhale at Stamp)!!! lol That teached me an expensive lesson |
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212
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 11:34:29 AM
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BTW, BTC is ready to breakout again so ALTs will collapse....
Are you pretty sure alt will collapse? More like devalue but minimal effect. You have no confidence in alt coins , but they are really important. Do you remember their prices when BTC was at $750+ ? Polo was all red. Maybe collapse is relative term but I expect most of them to retrace around 60-80% from their bottom at this time (750$) to their current top. |
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213
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 11:32:26 AM
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Why are you being so aggressive? The guy didn't do anything. Secondly, you are losing control, take it back - you are starting to believe your own method WAY too much. You WILL get burnt again acting in that manner (and you know it, too!!!). You no longer sound like you think you have a small edge on the market, you sound like you think you can outright predict the exact manner in which the market will move (at least your posts come off that way), everyone (including you) knows this not to be the case. The more you lose touch with this fact the more likely you are to blow up at some future date. @Tosun  Keep this >15m at 1850+ and it will moon! (Triple top break) There goes the Tosun is a whale myth! He can't even push the price 50 satoshis up lol I'm a whale in NEM, not BTC unfortunately. Otherwise I would do it.
Zlatan doesn't approve this.
I'm buying.
BS/charlatan detector mode ON I've bought some. But like I said; I have a small amount of BTC unlike you =) I am sure you are not even a whale but anyhow, if you search my thread you will see clients of me posting I recommended to buy when it broke 400. So I was in there and sold 1875. Until you lock profit there is no profit. Ever heard of that? Also, I can easily buy back at the same price (1875) and enjoy the ride to 1bn. That is my friend Risk Management which obviously is something you suck at... I am not aggressive. Send me your email and I will give you a free trial to understand why my method is the best. Actually it speaks of itself - you sell now and might have sold the top or buy 1900 and it will probably go x10. Win win. Is this hard to understand? |
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214
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 11:30:23 AM
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@Tosun Keep this >15m at 1850+ and it will moon! (Triple top break) There goes the Tosun is a whale myth! He can't even push the price 50 satoshis up lol I'm a whale in NEM, not BTC unfortunately. Otherwise I would do it.
Zlatan doesn't approve this.
I'm buying.
BS/charlatan detector mode ON I've bought some. But like I said; I have a small amount of BTC unlike you =) I am sure you are not even a whale but anyhow, if you search my thread you will see clients of me posting I recommended to buy when it broke 400. So I was in there and sold 1875. Until you lock profit there is no profit. Ever heard of that? Also, I can easily buy back at the same price (1875) and enjoy the ride to 1bn. That is my friend Risk Management which obviously is something you suck at... Thanks for your lesson. Ευχαριστώ Παρακαλώ! |
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216
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
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on: June 28, 2016, 11:25:17 AM
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@Tosun Keep this >15m at 1850+ and it will moon! (Triple top break) There goes the Tosun is a whale myth! He can't even push the price 50 satoshis up lol I'm a whale in NEM, not BTC unfortunately. Otherwise I would do it.
Zlatan doesn't approve this.
I'm buying.
BS/charlatan detector mode ON I've bought some. But like I said; I have a small amount of BTC unlike you =) I am sure you are not even a whale but anyhow, if you search my thread you will see clients of me posting I recommended to buy when it broke 400. So I was in there and sold 1875. Until you lock profit there is no profit. Ever heard of that? Also, I can easily buy back at the same price (1875) and enjoy the ride to 1bn. That is my friend Risk Management which obviously is something you suck at... |
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