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RE: To Post or Not to Post, That is The Question?
First bit of advice: stop fretting about anything. Doesn't help and just makes your illness flare up. If you can coast, then coast. As for posting, we love your posts, but they have to fit your lifestyle. So, as we used to say in the 60s, get in a groove and relax.
Hope you are well and that your trading continues to be profitable. I'm really impressed by people who can make a profit at that sort of thing.
Hi @agmoore
ha ha, yeah me too ;)
To be honest, I used to be a bit of a throw a dart at a board trader... but the last two months I've taken the time to learn basic technical analysis and it has really payed off. The key is patience... so many people lose money basically because they can't wait for key price areas to be broken either to the up or down side. If you mess around with taking positions in a range then you have to be good at technical analysis, but if you wait for break outs, you can catch multi-thousand dollar moves and this is where bigger money can be made. The art of technical analysis is to map out these key support and resistance levels and keep an eye on the market daily or set a limit order to trigger when the market drops below or above certain levels.
The case of BTC recent drop is a prime example of how even beginner traders like me can make good money by simply being patent and not getting greedy. All I did was wait for BTC to break it's key level of $7800 and then took a short position with leverage 5x. This means I increased my amount of BTC as the market went down and the leverage (borrowed BTC contract) meant I made money as well despite the price drop.
I'm currently experimenting with trading the bounces on the way down and it's going well so far :)
P.s. thanks for the advice on the health thing, you are completely right.
I had an uncle who did well in stock market trading. He was a projectionist in a movie theater, but his hobby was to make stock picks. His system? A little like yours. He had huge graphs on which he plotted performance. I hope you do as well as he did :)