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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 27, 2016, 06:33:25 PM |
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nice one mat.
what trade will you think of next, i can wait to see.
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 27, 2016, 07:16:25 PM |
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darlidada
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May 27, 2016, 07:30:37 PM Last edit: May 27, 2016, 11:23:52 PM by darlidada |
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you are like george in seinfeld! just do the opposite! (the opposite is the name of an episode, you should watch it! superfunny
ps: just finished reading the whole thread, i learned a lot, thx guys
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MatTheCat (OP)
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May 27, 2016, 08:39:10 PM |
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nice one mat.
what trade will you think of next, i can wait to see.
You may be alarmed to learn, that my bias has now switched to bullish....but I aint buying up here. Will buy blind on 61.8% retrace, failing that, any kind of retrace followed by bullish market structure..... .....btw....I did only lose $46 on my last trade.....sure, had I stuck to plan, then it would have been more like $400, but truth is, I wasn't liking the trade for the whole day that I made it, and had readjusted my target to scratch (inc fees). The fact that all I was looking for was a fkn $2 move down from my entry, and Bitcoin really wasn't wanting to give me it, set alarm bells off and as it happens, I exited the trade literally seconds before the pump kicked off.
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 27, 2016, 09:46:33 PM |
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You may be alarmed to learn, that my bias has now switched to bullish....
Relevant Mat quote generator activated: I am hoping to walk away with other players money.
The majority who invest money in a vacuos asset like Bitcoin are certain to lose
So my plan is to look for long setups
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 28, 2016, 03:01:44 AM |
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We need a Mat update. What strategy are we using to set money on fire today...
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Drgmn
Newbie
Offline
Activity: 29
Merit: 0
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May 28, 2016, 07:40:52 AM |
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Hey Mat, hows going - still waiting for those 420 $ coins now?
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MatTheCat (OP)
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May 28, 2016, 02:12:06 PM |
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We need a Mat update. What strategy are we using to set money on fire today... Too busy atm to post here.... In and out of trades on 5 min charts......BTC far too overextended and volatile.... ....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it)
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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May 28, 2016, 02:14:21 PM |
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We need a Mat update. What strategy are we using to set money on fire today... Too busy atm to post here.... In and out of trades on 5 min charts......BTC far too overextended and volatile.... ....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it) That's the Cat we all know and love.
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darlidada
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May 28, 2016, 05:30:35 PM |
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We need a Mat update. What strategy are we using to set money on fire today... Too busy atm to post here.... In and out of trades on 5 min charts......BTC far too overextended and volatile.... ....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it) I think you have a problematic relationship with the bitcoin. I think it makes you angry and prevents you to make good trades. You should make peace with it and you'll start to make profits. Also, I dont understand why you are trading BTC right now, you should just do as r0ach mentioned : you find a position where you can take an assymmetric trade and you leverage it x20 and then you go play the drums or you gamble on the alts, which are a lot more volatile, so you can increase your stack! and read r0ach posts again! sometimes they make you angry but afterwards they make you money
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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May 28, 2016, 05:31:03 PM |
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Jack the top line up to around 508-515. We have longer till break out, if break out. One more down IMO.
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MatTheCat (OP)
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May 28, 2016, 08:42:40 PM |
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That was that bloody quick, that I have taken a bunch of profits already.
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MatTheCat (OP)
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May 28, 2016, 08:52:43 PM |
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Kerrching! And Out!
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talkingleaves
Member
Offline
Activity: 106
Merit: 10
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May 28, 2016, 09:01:36 PM |
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what did i miss? did mat short at $450?
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MatTheCat (OP)
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May 28, 2016, 09:11:05 PM |
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Whole bunch of people gonna get wrecked! (Not me of course!)
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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May 28, 2016, 09:23:16 PM |
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I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them...
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Sometimes, if it looks too bullish, it's actually bearish
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MatTheCat (OP)
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May 28, 2016, 09:28:52 PM |
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I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them... eek! Sure, we are in ridiculous nosebleed territory....but I wouldn't be placing any fucking limit shorts anywhere right now! Almost asking for as much trouble as going all in long with a market order right about now.
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 28, 2016, 09:35:36 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
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