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Author Topic: Need help trading, suffered big loss!  (Read 2036 times)
deadweasel
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November 12, 2013, 08:43:27 PM
 #41

Is it expected to come below 280 anytime in upcoming quarter ?
No it is not. Doesn't seem like a bubble now.

It was 206 a few weeks ago.  Choose an exchange and set a limit order for whatever price you want, and wait.

Sometimes the price only touches for a second before it bounces back up.  If you have your order set now, it's more likely to get filled on a downtick.

MAbtc
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November 12, 2013, 08:44:17 PM
 #42

Your analysis needs to be deeper than this if you want to trade this market. Be aware that most traders will lose. If you are going to trade, keep in mind that for inexperienced traders, dollar-cost averaging is likely the best way to take advantage of market movements.
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November 12, 2013, 09:26:05 PM
 #43

Is it expected to come below 280 anytime in upcoming quarter ?
No it is not. Doesn't seem like a bubble now.

It was 206 a few weeks ago.  Choose an exchange and set a limit order for whatever price you want, and wait.

Sometimes the price only touches for a second before it bounces back up.  If you have your order set now, it's more likely to get filled on a downtick.
This is also correct. You never know what might happen.

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November 12, 2013, 09:29:20 PM
 #44

Lesson learned. Do not listen to anyone's prediction. There is no such thing as predicting the price, just guessing.

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