Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position. good idea?
don't flip flop your trades...
you want to put yourself in a position where you don't care if it goes down, and love to see it go up.
and then you just HOLD that until really want to
invest more, not speculate more.
Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long...
definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.