Hi,
a quick update on the current situation. As showed in my last post, I pointed out that a pump was unlikely because the longs were much too high, and they needed to be reduced first with a dump.
That came true.
Now the longs are quite reduced, however, not to the point where the shorts are much higher than the longs.
I think a true reversal can only come to...
Entered in a position at $160.29 but got dumped on. Canceled my stop loss so I wouldn't loose $200. Holdled with a swing trade, which is what this trade was all about anyway. Just didn't think It would dump on me like it did, since I had already bought low after a medium sized correction. But that's LTC for you. It can be more volatile than BTC. But that's what...