Oh come on, really? I sell at 20.9 to get some mtgoxUSD for buying when it goes down to $16, twelve minutes later it's back up to 22.2. Wonder what it'll look like after I wake up tomorrow, lol.
But still, screw it, I'm done with trying to do this short-term stuff. Glad I'm only out a tiny amount (by today's standards anyway).
I sell at 20.9...
You really sold at 20.9, seriously? My whole point was "buy now, if you can, especially if you sold at $28 or above".
Of course it's risky; If you are a trader*
, then you know what I'm talking about.*
FYI: The word trader
does not always mean day-trader.
Edit: Don't worry too much Ricochet, I was still bullish at $31 and almost had to stop trying after a moderate loss. Earned it back with good fast trades on the way down...
ps. $16 might be possible, but we should see $24, 25, 26 again first.