Free Verge XVG Satoshi Gamble!

in daytrading •  7 years ago  (edited)

First let me say DON'T TRY THIS AT HOME.

I wanted to try some chart science with trading XVG today. While watching a siginificant rally this morning, I decided to risk it and sell XVG at 409 sats and buy back at 373 sats. It was intense as I was risking losing my position in XVG as I had done before. The sell executed during some furious buying, and I almost immediately regretted it as I watched the price continue skyward. I moved over the the "buy" side and entered a buy order to take place equal to or less than 373 sats. I left the house to do errands.

Hope and a little bit of gut feeling that it would correct back and allow me entry were what I clung to. Even though it was not a significant position, I was nervous about it. How guys do this with large stakes is crazy. Sure enough, there was a "fishing expedition" as a big dump came through to knock guys off of stop losses and the order cleared, gaining me my original position plus the extra difference in more XVG. WHEW! Close one. The crash only just barely went passed my buy order and for very little time.

While working on a project I witness yet again, a rally building and moving towards the "over bought" side on the RSI tool within the chart. Oh man....really Junius? Again!? Yes. This time I asked for a little less. I sold at 455 and bought in again at 430, reaping some extra XVG to hold.

That is it. calling it a day. Learning as I play and not risking much at all. It was fun if anything. Thanks for the free XVG universe. This is me trying to build back a position I had before the XVG rally and Mcafee tweet that blew this coin up.

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I certainly don't have the stomach for that, well done.

It was insane.

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