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Some points for newbies to ponder
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Topic: Some points for newbies to ponder (Read 626 times)
usbeorn
(OP)
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Some points for newbies to ponder
December 18, 2013, 08:42:05 PM
#1
Some things I've learned over the years of stock and commodity trading.
1. Pigs get fat, hogs get slaughtered.
2. You swing for the fences you will most likely strike out.
3. Buy the rumor sell the fact.
4. Don't trade your whole stack at once, learn to scale and average your wins and loss.
5. Learn to read the charts and recognize trends, just because you want to get long, the rest may be getting short.
6. Learn what it means to "paint the tape" and how to identify it.
7. If you plan to trade on an exchange all other traders are against you and will beat you out of your coin.
8. All exchange traders lie about positions and funds.
9. Control your emotions or you will be chopped up.
10. Don't trade bigger then you can handle.
Most of all, Have fun!!
Wendigo
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Re: Some points for newbies to ponder
December 18, 2013, 08:45:11 PM
#2
11. Dont trade bitcoins while watching porn, drunk, high, or having sex with your neighbour.
sneeze
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Re: Some points for newbies to ponder
December 18, 2013, 08:48:16 PM
#3
Quote from: Wendigo on December 18, 2013, 08:45:11 PM
11. Dont trade bitcoins while watching porn, drunk, high, or having sex with your neighbour.
Best four advices i've seen ever! May the hodl be with you!
devthedev
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Re: Some points for newbies to ponder
December 18, 2013, 08:49:58 PM
#4
I love this list! They're all pretty much accurate, except number 11
Anyhow, welcome to the Forum.
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usbeorn
(OP)
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Re: Some points for newbies to ponder
December 18, 2013, 09:01:47 PM
#5
Ah yes, #11, how did I forget that?!?!
Dirty6ird
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Re: Some points for newbies to ponder
December 18, 2013, 09:15:05 PM
#6
Really good points actually thanks! First time poster here. Wanted to talk in the Bernankoin thread, anyone seen it yet?
https://bitcointalk.org/index.php?topic=375010.0
tenthirtyone
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Re: Some points for newbies to ponder
December 18, 2013, 09:15:45 PM
#7
Hogs get slaughtered ++
mh_84
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Re: Some points for newbies to ponder
December 18, 2013, 09:24:50 PM
#8
Thanks for the tips. Been studying the cryptocurrency world the last few weeks and also done some mining. It's all very interesting to follow.
ZetaM3
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Re: Some points for newbies to ponder
December 18, 2013, 09:38:03 PM
#9
12. Don't study for finals while mining
ozzminator
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Re: Some points for newbies to ponder
December 18, 2013, 10:11:14 PM
#10
Quote from: Wendigo on December 18, 2013, 08:45:11 PM
11. Dont trade bitcoins while watching porn, drunk, high, or having sex with your neighbour.
i srsly second this.
Exp
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Re: Some points for newbies to ponder
December 18, 2013, 10:17:03 PM
#11
Not a bad list, few to think about.
ozzminator
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Re: Some points for newbies to ponder
December 18, 2013, 10:52:29 PM
#12
dont sit on the toilet while mining.
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