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Author Topic: The flipist method  (Read 13057 times)
SkRRJyTC
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March 19, 2012, 11:47:00 AM
 #121

More action.

Liquidated my short position and am on the sidelines again.

Lost    $3.19 or 3.120%    on the liquidation. I now have 99.93 USD in my account. Less than I started with!

You only lost 7 cents over more than 3 months of flipping a coin

I love this thread.
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rebuilder
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March 20, 2012, 11:40:24 AM
 #122

Anticipating more drops to come, I've gone short 20.5 BTC @ $4.7114

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March 21, 2012, 11:43:07 AM
 #123

Maybe this is a bottom after all? I've liquidated my short but now hold no position. Lost $3.19    or 3.306%

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March 22, 2012, 12:48:55 PM
 #124

The trading is just relentless!

I've gone long again. Holding 19 BTC @ $4.8753

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March 23, 2012, 12:05:59 PM
 #125

The losses are piling in now!

I liquidated my long,
lost $4.30   or 4.640%.

Current balance:
$92.47656

I'm starting to get a bit bored here. I think I may stop this experiment in mid-May, as I know there'll be a few weeks there I won't be able to trade daily.

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teflone
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You're fat, because you dont have any pics on FB


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March 24, 2012, 01:18:56 AM
 #126

Man up... 

This is bigger than you now... lol

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fcmatt
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March 24, 2012, 03:50:57 AM
 #127

the end result of such a strategy is destined to be a balance of zero due to the cost of getting in and out.
more often then not the price will stay within a range which will slowly eat away at any money you have in action.
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March 27, 2012, 09:35:38 AM
 #128

I'm back in.
Long 19 BTC @ $4.7103

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rebuilder
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April 02, 2012, 10:40:52 AM
 #129

I liqui dated my  long , gaining $1.96 or 2.190% with a swap of -$0.25.

This leaves me with  $94.34976 in my account.

Furthermore, I went short 19 BTC @ $4.8134

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bitcoinBull
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April 02, 2012, 07:40:44 PM
 #130

I liqui dated my  long , gaining $1.96 or 2.190% with a swap of -$0.25.

This leaves me with  $94.34976 in my account.

Furthermore, I went short 19 BTC @ $4.8134

Pretty early to be short in a 3rd of 3rd wave up mega-rally. But thanks anyway for the 19 BTC.

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April 06, 2012, 02:36:42 PM
 #131

Pretty early to be short in a 3rd of 3rd wave up mega-rally. But thanks anyway for the 19 BTC.

The flip giveth, the flip taketh away. Anyway, I haven't closed the position yet, so it's premature to say anything about how it will turn out.

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notme
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April 07, 2012, 04:06:29 AM
 #132

Pretty early to be short in a 3rd of 3rd wave up mega-rally. But thanks anyway for the 19 BTC.

The flip giveth, the flip taketh away. Anyway, I haven't closed the position yet, so it's premature to say anything about how it will turn out.

You may be in the money before too long.

https://www.bitcoin.org/bitcoin.pdf
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Pasta


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April 07, 2012, 01:14:35 PM
 #133

This is hilarious! Imo go long for 4/20.
rebuilder
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April 08, 2012, 01:46:23 PM
 #134

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

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bitcoinBull
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April 08, 2012, 10:20:56 PM
 #135

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment.

Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later.

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arepo
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this statement is false


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April 08, 2012, 10:26:57 PM
 #136

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment.

Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later.

this. the wall was removed because it was redundant.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
rebuilder
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April 09, 2012, 10:22:38 AM
 #137

I've done it again!
short 19.5BTC @ 4.7052

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waveaddict
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April 09, 2012, 12:40:20 PM
 #138

I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.

Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment.

Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later.

the charts never said that there was going to be a breakout to the upside when we were trading in the $4.9s...if anything they said exactly the opposite

bitcoinBull
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April 09, 2012, 07:47:37 PM
 #139

the charts never said that there was going to be a breakout to the upside when we were trading in the $4.9s...if anything they said exactly the opposite

This chart is one that indicated an upside breakout.

If you claim that the charts were saying the opposite at the time, you should provide evidence by sharing them publicly after-the-fact.

College of Bucking Bulls Knowledge
notme
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April 09, 2012, 08:25:39 PM
 #140

the charts never said that there was going to be a breakout to the upside when we were trading in the $4.9s...if anything they said exactly the opposite

This chart is one that indicated an upside breakout.

If you claim that the charts were saying the opposite at the time, you should provide evidence by sharing them publicly after-the-fact.

How does touching resistance indicate a breakout?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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