Quote:
Originally Posted by The Porn Nerd
You are above having to risk money? LOL OK. Aren't you the same asshole who was shitting on everyone into Bitcoin only a few months ago and now you are some kind of King Expert?
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and I am still shitting on bitcoin...I just enjoy day trading volatile markets...and day trading is about managing risk...
Quote:
Originally Posted by The Porn Nerd
"Cashing out" is for losers, loser. Cash in/cash out means you think you are smarter than the market (or time) and think you can bounce around increasing your profits. Sure, short term perhaps you can but you and I both know you get bitten that way and would earn more, long term, if you DIDN'T cash out.
But please, enlighten all of us. LOL
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well I guess you should inform day traders and swing traders that they are all stupid and should just hold
Quote:
Originally Posted by shiraz9944
TA is completely useless when dealing with a commodity/stock that is fueled completely by emotion and FOMO. Only works on solid revenue producing stocks that have intrinsic value.
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technical analysis gives you an edge whether you care to admit it or not...you cant trade on news every day because there is no news every day...more and more people are day trading and swing trading crypto and they use TA...it supposedly takes only 6 people to start a mexican wave in a stadium, just like it takes only a small amount of traders to rely on TA to turn the price at a key point...dismissing technical analysis is leaving money on the table...