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RE: Ethereum TA: Where [was] the triangle!

in #trading7 years ago

Make sense. Also, If I try to buy something like 2500ETH (max-ing out, haha!), I would need to build the position over some time...otherwise I lose too much in slippage! So, its easier with a smaller amount - you can close your position quicky without much cost.

Also, there are times when you can really minimise risk!!! The key time is when b-bands are really tight. Like last night, just before the break-out. I already had most of my position, but added to it at that point. If I did margin trading or shorting I would probably only ever do it in this situation! Why? Because as soon as the b-bands start to widen, there's a very good chance you'll get a great return, and most of the time, you don't expect to get an immediate reversal once it's decided on the direction. Hopefully I'll try to make another post on the recent eth breakout 😄

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Ok, it will take me some time to decipher those terms here :) Copied it to clipboard and off to do a google search on b-bands and break-outs :)

Haha😂 Cheers:)

Oh, by the way :) You've just been called a horny dude on this post Funny people... envy is the rot of humankind...