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1  Economy / Speculation / Re: Crypto Trading Diary on: September 09, 2014, 06:17:57 AM
Quote from: Trade-Winds on September 08, 2014, 06:05:48 AM
The stop level is NOT an arbitrary % below the price action, it is placed behind any obvious points of support that if broken would indicate further lower prices would occur.

OK, make sense, thanks!
2  Economy / Speculation / Re: Crypto Trading Diary on: August 28, 2014, 06:11:08 AM
Very interesting thread, definitely following this! Nice with some honesty for a change.
So I have been following crypto for a while, but is new to technical trading, so please forgive me for newbie questions.

So how do you decide the stop level? I saw in your excel sheet that you put the stop level 3 % under current value. Do you calculate that percentage in relation to market volatility or something? I guess I have the same question for the exit region.

Also, do the fact that the 515 level seems to have some resistance alter your current strategy?
3  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: March 25, 2014, 04:02:21 PM
Quote from: rpietila on March 25, 2014, 01:39:34 PM
Trying to trade it is suicidal...

Sorry can you elaborate? Why is the risk larger now than at any other time?
Or do you refer to a downwards trend only?
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