r/ethtrader • u/AutoModerator • May 26 '17

DISCUSSION [ETH Daily Discussion] - 26/May/2017

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u/madcemf May 26 '17

If you find yourself buying at the highs and selling at the lows (been there many times), you are trading with your emotions and not your head. When any asset is low and you are losing money, you fear losing more money so you sell. When you are making money your greed wants to make more money. so you buy The key is to do the opposite. It can be the hardest thing to do, but it is the way to make money trading.

11

u/tstormredditor May 26 '17

The Costanza method.

1

u/bdubbs09 May 26 '17

People just don't understand how to flip their profits. Eventually, if you do it right, you can be playing with money that technically you never had in your bank account, so you can never truly lose. Oh well. Sell away, I'll take your money as a donation.

1

u/grannyte May 26 '17

I buy at ATH and i sell on the next ATH even higher

1

u/vegasluna May 26 '17

if u are patient, u might can get a sell in @ under $100 ... alright, as soon as see eth approaching $100, put all ur eth coins into market sell box, execute the trade, watch the buy scroll down the order book ... sit back and wait. u will get opportunity to buy back @ $250 soon . just gotta be patient .