Bitcoin brother bless me on this quick long trade

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Don't believe what they tell you.

Note: this is a short term trade, mid to long we're still going down.
Comment: The idea got instantly stopped out but I still have half of the position open, I think it can still work out maybe small stop run on lower TF + bounce?
Trade active: Added a bit more I think a bounce is still in the cards

Sorry about the stop next time ill be a bit less careless with the placement, placing stops that tight is always a bad idea
Trade closed: stop reached
Oh Dear - more reliable short term signals for experienced day traders only
u got stopped out again?
Idk... risk a flash crash to make maybe 2%
Going long *100!
@MrRenev, You don't risk a flash crash, there's a clear stoploss on the chart lol what are you talking about
+1 Reply
MrRenev Imperator_Trading
@Imperator_Trading, I don't use stop losses because they're for little pussies, but don't they sometimes not get filled if we fall too fast?
+1 Reply
chefluc MrRenev
@MrRenev, I was always wondering about stop lost in fast crash ..I have the answer.. they fxxxg computers can't cope ex: the crash of NXT after IGNIS fork
dive MrRenev
@MrRenev, you heard about market stops duderino?
@dive, @chefluc You mean like the 12 cents ETH one?

I legit don't really know got no experience on stop losses, just heard Dan from TheChartGuys say in one of his video he lost all his profit because his stop loss didn't work, in January I think.
I'm doing my thing with no stop loss so I haven't been this interested, but I wonder.
Supposed to be safe but... seems risky thought.
JPBull MrRenev
@MrRenev, used to think like you.. until I saw a huge spike.. that never returned..(I dont do *100... so, lost was minimal..).. since then, I look at charts and think were I would be uncomfortable and put a stop there!
Just my 2 cents.
chefluc MrRenev
@MrRenev, this was on bittrex look at 26 12 2017 they suspend trading during hours because they need to do a snapshot..for IGNIS airdrop and suddenly released.
I couldn't do anything all gain that was done before gone ...stop lost not working at those moments
+1 Reply
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