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Author Topic: We all know when to buy, but when do you sell?  (Read 1742 times)
yayayo
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October 15, 2013, 09:22:07 PM
 #21

Of course there are signs of a top...
One being Bearish Divergence. It shows a slowing of momentum and strength in the trend.

Sell when 1D RSIstoch goes below the 80 line after being above it for more than a day when the market is moving. By moving, I mean having increased by at least 30% since it was last below the 20 line. After I sell, I wait for the market to go down below the 20 line again, then I buy.


These strategies (and most others) work sometimes but they don't work consistently enough to return a profit longterm. You will loose money longterm because of false signals.

But it's always more fun to learn it by doing... Grin


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SheHadMANHands
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October 15, 2013, 11:19:47 PM
 #22

"We all know when to buy, but when do you sell?"

Apparently not any time in the last week.
Pokerfan
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October 15, 2013, 11:34:59 PM
 #23

Sell your USD, EUR, etc now (buy bitcoin) and never look back! Why would you want the constantly depreciating USD, EUR, etc?
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