BitcoinTalk self-proclaimed Day Traders

[GigaCoin]

A bit of speculation humor, All too common here

[1714519086]

1714519086

[1714519086]

1714519086

[smoothie]

lol

[escrow.ms]

Lmao, Reality

[Tirapon]

I've actually been doing alright speculating... Although I don't consider myself a trader by any means.

[Stunna]

hahaha too true, some day traders know what they're doing to an extent I'm sure but everyone else is probably gambling

[amencon]

hahaha too true, some day traders know what they're doing to an extent I'm sure but everyone else is probably gambling

Hah I know I am, whenever I press that button to buy or sell I always imagine I'm just placing money on Red or Black at a roulette table.

[BubbleBoy]

That's what daytrading is, for most small fish: a roulette. At best, if you can escape the psychological games manipulators play with you. Nothing you see is real: walls, price movements, volumes, resistance lines and trends. News reach you when they were already priced in, so you can only lose by acting on them.

Always trade on fundamentals: speculative bubble, rapid rise when word gets out, needs time to deflate. Go long on the upside, short on the downside and you can't miss. Mark your short profits at each rapid bear trap, most of the time price will recover since people need time to accept the idea of a burst bubble (but don't bet on recovery unless you like being the greater fool). Rinse, repeat after 6 months - 1 year.