Ripple (XRPUSD): I do not mind them investigating big mov...

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GreedyAgorist

Re: europa7 post# 6076

Friday, 05/17/2019 5:33:39 PM

Friday, May 17, 2019 5:33:39 PM

I do not mind them investigating big move on their site. It happened on their site. I was a big move. And it was a big move down. Or a big spike down. If it was a big spike up, would we be having this discussion? The price quickly recovered, which I hear tell was bullish and a needed gap fill anyway.

Did the seller accidentally sell? I hear that can happen. (Sorry, MS, I could not help it.) Was the price of 6200 a typo? Was it meant to be 8200? Oops. I guess trailing stops are a good idea* ... except when they are not.

I often see posts on these boards when the price is down that they are accumulating. ("...loading more...averaging down...thanks for the cheapies...I will buy more on payday..." etc.) Are people obliged to unload their positions at the same pace?

An investigation might mean a crime happened, but indictments are not guaranteed. Just ask President Mike Pence. He will tell you sometimes it just means a lot of people were on the losing side of a headline. Boo hoo.

*Trailing stops might have kept Martha Stewart out of jail.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.