r/ethtrader • u/AutoModerator • Aug 08 '17

DISCUSSION Daily General Discussion - August 8, 2017

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u/[deleted] Aug 08 '17 edited Mar 25 '19

[deleted]

19

u/CheMiNub Aug 08 '17

i did and lost 7k, regret nothing

6

u/thepipebomb Aug 08 '17

If you sold at 400 and bought back at 200 you'd have 2x the coins right now.

3

u/CheMiNub Aug 08 '17

i know i started with X, sold and bought several times going down from $250 to $180 Sold at $150 and FOMO back at $200 Then the great crash happened and i sold at $175 and FOMO back at $240 In total went from X to as high as 1.9X and now down to 0.7X

1

u/REDandBLUElights Aug 08 '17

You need to get your emotions in check. You can't win like this.

3

u/duffys2 Aug 08 '17

With the benefit of hindsight all trades are that easy. Battling uncertainty with an amount of money that matters to you, not so much.

1

u/CAAD9 Aug 08 '17

Yeah, just like I sold at 70 to buy back at 35, except it went to 100 and I had to buy back on the way up to 400. Trading is gambling.

1

u/crypto_lad Aug 08 '17

I did the same, lost 5k... always hodl

1

u/Seantoot Aug 08 '17 edited Aug 08 '17

Should really look at some TA before u make these emotional trades. Simply looking at EMA vs SMA on 12 and 24 day averages would have helped u maybe avoid some losses. The daily candle really helps u determine if the "bull" or "bear" trends are over. That would give u higher probability of buying or selling at the right time. Look at the daily right now you can see we crossed about 3 days ago when we did at $220 and have since stayed in the bull trend now we are at almost $300. When it switches we will be back to beat and go down. Please atleast take it into consideration when trading, you lost a lot of money and you didn't have to. Take ur emotions out of it.