What to do at all times when you are trading and/or speculating

[derekleong75]

I do not claim to endorse this nor am I confessing that I am practicing this.

An experienced trader-friend once told me :

"Most times it is beneficial doing the opposite of what others are doing in the markets, buy when they are selling, sell when they are buying."

In any case, I've gotten out at the 1.1 to 1k mark and am ready with fiat now.  Just watching for an entry point.

[Habeler876]

no idea when youll enter? my bids are lined 380-450 on btc-e.

[derekleong75]

no idea when youll enter? my bids are lined 380-450 on btc-e.

I still have about 7 hours of waking time.  Prefer to snipe.

[KeyserSozeMC]

The person who gave You that advice was 90% right.

I'm 24 and I'm thinking exactly in that way, because masses are being mislead by media and people who've got influence over them.



Well played. Keep buying more, You wont lose. You could gain 2-2.5x in 1 month, max.


Good luck!  

[derekleong75]

Not every can be a winner but I sincerely hope many of us here will look back in years to come with a smile.