Yeah well, that kind of has to do with what a position trader is. Because we trade higher time frames we are trying to predict price movements with less accuracy. Always waiting for that perfect setup, so you are supposed to view the price action as you trade and adjust you price targets as the action unfolds.
To me a TA target doesnt mean price is going there within this period of time.
To me a TA target is if a price gets here great I get to make money.
A swing or breakout trader doesnt think anything like that.
Thank you and I like doing them and posting them. But you must understand I am just a hobby trader. That guy James is a full time trader. His TA is much better then mine and more precise even though he was wrong and overly bearish on BTC.
But thats perfectly natural after 6 months of making money shorting its very hard to change bias. Thats why this game is so hard.
@ChileBob I seem to have broken the forum and cant respond to you directly.
So here goes…
We cannot disregard the possibility that @kek has infact returned from surfing, started shilling ZEC on some obscure image board like the weapons /k/ board of 4chan and has got a little carried away, forgotten he was shilling and is leading a revolution in some foreign country as we speak.
In fact I would check if there are any protesters waving frog posters around there in Chile. Maybe you can find him and bring him back to the community.
Excelent didnt loose money since BTC was 9600 back in october. And made decent money like 3-4 extra monthly paychecks… But that doesnt sound so impressive when you figure into it the fact that I dont trade that often. So I maybe took 6 trades in that period. Look even professional traders consider 60-65% win ratio very good. But they are taught to manage risk properly they know that levarage is a tool that is used to increase or decrease the volatility of the portfolio. Thats why they call retail traders dumb money. Its because they arent taught to trade properly. The phrase “dumb money” makes fuck sense in crypto because retail describes your access to the market. Professional get the wholesale rate at the investment banks and retail traders get access through introductory brokers who work for commission. We all have access to the same exchanges so there is no retail in crypto and hence no dumb money. And the only true diference between professional and retail is one is qualified and certified to manage and invest other peoples money, while retail only invest their own money. Both can be very good. Its just that retail on average tends to be bad.
So what do you do when you figure out 90% of your customers are wrong all the time? You counter trade them and be right 90% of the time.
But its not a scam because nobody is misleading anybody. Its the job of the trader to learn trading and it isnt the job of the broker to teach him to trade,
Oh and Im not counting the fact that I put all proffits into ZEC at about $27 soooo currently unrealized proffit is a bit more than 3-4 paychecks. Coming close to a year.
My ZEC entries are $91 in 2017 46 but very little and 27 over half and I think Im profitable I dont even check that…
Well I did take 3k euro out of ether and 3k out of ZEC when it was around 750 so I dont even know how to calculate that.
Oh and @Revo5 these professional traders look nothing like I imagined. This dude seems like someone I would sit down and have a beer with, he seems like an intereesting fellow judging from the hairstyle…
3 day chart looks like a bull flag with a target between 0.014 and 0.015. Bull div also present. Thats my target by april first. BTC should be between 10.5k and 11.5k still.
The travel rule already exists in some places so for them there probably wont be any need for further legislation
Of course then again there are those folks who just keep asking for clarification and probably never even bother to read it in the first place so they might just get what they’re asking for, mnuchin is calling for greater transparency and regulations which, for transmitters, already exist so I don’t even know
I also think that it will enter the range of 10-15 dollars
See the following developments for zcash for bitcoin losing value and then, the crisis still does not help the halving and the price drops to 3500-4700 dollars, Yes that will never happen, as zcash for for 25, but it was 25 so it really, all altcoins lose value as usual, we get 10 dollars for zcash for, there is an option that bitcoin begins to grow, then still lose in price but not so much, think to 25 to 35 dollarov, other altcoins too loose, you need to fuel the king. Then we restore and catch cash at 85 (or as predicted earlier 120, but then we need money that is not yet received)
Whatever it costs the crypt are always willing to buy more, remember zcash for saying that if you fall to 250, then to 150, 70, 50, 35, 25 and now 10 I wish to have, then perhaps you would be willing to buy for 5, 3, 1 Joke.
Everyone is waiting for lower than now, the strategy is excellent, who bought cheap for 250 apparently does not expect anything.
There is an option that after half there will be no growth , what then?
What if after half the price doesn 't change and there’s no money to Finance the development, what happens to the price ?
Joke.