2018 Cryptocurrency Crash (Elliott Wave)

Discussion in 'Crypto Assets' started by 123abc, Jan 8, 2018.

  1. Aren't Virtu and Getco (KCG) now the same thing?
    Knight + Getco = KCG
    Virtu + KCG = Getco.

    Also Virtu is not known for really advanced coding, just very efficient at what it does. Vinnie was never a quant. Just ask his ex-partners, some of whom post occasionaly here.
     
    #21     Jan 9, 2018
  2. Well I'm sorry you failed. What do you think goes into all those aglo's? You think they pull those equations and calculations out of thin air?
     
    Last edited: Jan 10, 2018
    #22     Jan 10, 2018
  3. LOL thanks.
    Now I have to log off the free library computer and get my TA chart books and start studying so I can make huge money like the other TA guru's!
     
    #23     Jan 10, 2018
  4. themickey

    themickey

    Clubber, never mind the TA circular argument.
    Everyone on ET including myself are potentially on the other side of your trades, be happy in anyone's belief re EW or TA.
    I'm not a EW or TA disciple, but if it suits some to chase these ideas, let it be.
     
    #24     Jan 10, 2018
  5. You can flip a coin and beat the market as long as you use good money management, cut losses, and let your winners run. That is the hard part for most people.

    If some people are using TA, fine, whatever works for them. I happen to think TA has become almost worthless with the rise of the machines. If anything, algos use TA to run stops and shake everyone out before the real move.
    Just my $.02
    Good luck to you.
     
    #25     Jan 10, 2018
    themickey likes this.
  6. 123abc

    123abc

  7. 123abc

    123abc

    #27     Jan 11, 2018
  8. erick_red

    erick_red

    123abc What do you think about Elliot Wave theory in particular?
     
    #28     Jan 11, 2018
  9. 123abc

    123abc

    Suppose its the holy grail if the aforementioned predictions materialize!
    Best used for long-term and swing trading, not day trading.
     
    #29     Jan 11, 2018
  10. erick_red

    erick_red

    I completely agree with you is a long-term investment
     
    #30     Jan 12, 2018