(Total Views: 126)
Posted On: 07/20/2017 1:20:37 PM
Post# of 2840
Trading Update - July 20.
305M traded so far.
Opened .0024.
Already ran once today from .0023 > .0033 on news of significant debt reduction.
Predictably, many flippers who bought in the .0015 > .0024 range over the last few days took a profit.
The less experienced traders either undercut the ask or bid whacked rather than selling on the move which caused others to panic.
Many bought back in by hitting the ask on the dip at .0027 and .0028.
Currently 5M .0027 x 665K .0028.
Savvy traders will have followed my model of converting a lotto amount to a "free" cost basis for any possible move much higher in due course whilst also looking for trading opportunities on surges.
305M traded so far.
Opened .0024.
Already ran once today from .0023 > .0033 on news of significant debt reduction.
Predictably, many flippers who bought in the .0015 > .0024 range over the last few days took a profit.
The less experienced traders either undercut the ask or bid whacked rather than selling on the move which caused others to panic.
Many bought back in by hitting the ask on the dip at .0027 and .0028.
Currently 5M .0027 x 665K .0028.
Savvy traders will have followed my model of converting a lotto amount to a "free" cost basis for any possible move much higher in due course whilst also looking for trading opportunities on surges.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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