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Old 04-09-2013, 07:16 AM  
potter
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Join Date: Dec 2004
Location: Denver
Posts: 6,559
Quote:
Originally Posted by MikeRoth View Post
As a no longer active daytrader that is not completely accurate. You buy near intraday support or when the price breaks a significant resistance. Scalping for small $2-5 per coin differences really adds up when you do it multiple times a day. Just keep an eye and sell at a planned loss of 5% or 10% if your scalp goes south. Don't be a terd and hold it while it circles the drain in hopes it will go back up.
I was going off the assumption that most GFY users weren't smart enough for day trading.
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