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RE: Splitting cold wallets and trading BitcoinCash + Coinbase has issued an update

in #trading7 years ago

I have noticed that the people who are attempting to daytrade in the Slack group (see above) are almost always (1) brand new traders (2) do not have the fundamentals of position trading down yet (3) haven't payed attention to Luc's content or might have poor comprehension skills. They tend to be here for the gamble, the thrill of the experience, but they are taking great risks without the firm logic to back it up. I know this won't be popular, but perhaps Luc would be best to not discuss his day trading philosophies until his community has caught up with the basics of position trading. Personally this suggestion hurts me because I have the fundamentals of position trading down pat, but I know that the needs of the community outweighs my own needs. With that said, we cannot stop someone from taking risks, it's their life and they have the power of choice - so maybe my suggestion to tone down the more risky day trading content is pointless. I see both sides of this coin so to speak.

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@tizzle - thanks, i think you just helped me a lot. Position trading it is until i get the fundamentals down and then some.