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Old 05-15-2019, 08:10 AM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by crucifissio View Post
I do not use TA...maybe some moving averages and fibonaccis just to try and gauge where the bots will trigger but this is of minor importance...I do follow longs and shorts to measure the amount of temptation the exchanges have to wipe them out...but my strategy is mostly layered buy orders that trigger above and below the current price because I have no idea where the price is going in the short term....anything between 7900 and 8100 is the "dumb zone" where I do not care what happens...anything outside this will trigger my buy orders...
I agree with the "dumb zone" , for me i'd just consider it a "not worthwhile zone" hehe

I still believe trading on short term, even using margin is tiny gaining compared to accumulating for the long long. Could be wrong. We've diff strategies, lets hope we both can make ours work out
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