Crypto Talent

Discussion in 'Crypto Assets' started by GlobalMacro90, Apr 25, 2022.

  1. Could you please clarify what you mean by "the dollar was rejected"? Rejected by whom?
     
    #101     Apr 26, 2022
    johnarb likes this.
  2. Trader Curt

    Trader Curt

    Sure, are you familiar with trading or reading charts? Rejected is a term that traders use to describe what happens when met with strong resistance. Like when there is an imaginary line that is hard to break through and the trend goes up to it and then plunges back down, we can say that it got "Rejected" by the line.

    There are plenty of trading terms available on Google too if you look them up
     
    #102     Apr 26, 2022
    johnarb and Statistical Trader like this.
  3. Thanks.

    "Rejected" is a broad term that can be used to mean all sorts of things. I'm familiar with trading and reading charts and have been trading since the mid-1990s. If you said, "hit resistance" I would have immediately known what you meant. If I knew you were using "rejected" as trading terminology I would have googled it in that context. I don't recall that word being used that way in the books I read in the '90s. I'm not saying you're wrong, just that I didn't know.
     
    #103     Apr 26, 2022
    johnarb likes this.
  4. Trader Curt

    Trader Curt


    My bad, I didn't realize that some people on this board wouldn't know what rejected meant. I just assumed since it was a trading forum most would be familiar with the terminology used.
     
    #104     Apr 26, 2022
    johnarb and Statistical Trader like this.
  5. Nobert

    Nobert

    Great read. Something, based on it -
    https://www.elitetrader.com/et/threads/the-possibility-of-any-crypto-being-manipulated.366795/
     
    #105     May 2, 2022
    guest_trader_1 likes this.