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HsakaTrades's profile
Hsaka
Hsaka
Hsaka
@HsakaTrades

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Hsaka

@HsakaTrades

• I trade, I drink your milkshake •

Joined December 2017

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    Hsaka‏ @HsakaTrades 23 Oct 2019

    Hsaka Retweeted ant

    Adding to this, it also breeds a sense of complacency since your decisions become pre determined and not motivated by the market. You no longer have an invalidation criteria. By the time you realise you shouldn't be DCAing, you're already in too deep to do much about it.https://twitter.com/ThisIsNuse/status/1187121992887164928 …

    Hsaka added,

    ant @ThisIsNuse
    Dollar Cost Averaging is a mental concession made when the contrary of timing the market is simply too much to bear. I've entertained it. It doesn't make sense from a technically oriented perspective. To those who believe the market can't be timed: have at it.
    Show this thread
    2:51 PM - 23 Oct 2019
    • 4 Retweets
    • 58 Likes
    • __CoŁŤ Neil🏴‍☠️ btcmerlin Parol Horton H.A. Whoo _RN03xx_ (~˘▾˘)~ Barkın Karslı Роман Романов
    9 replies 4 retweets 58 likes
      1. Audacity‏ @audy_xbt 23 Oct 2019
        Replying to @HsakaTrades

        word. it's only preached because it "works" but that's purely assessed in hindsight most of the time and totally excludes human factor. Flawed methodology that, with the lack of risk management added, takes one time to wipe out a huge chunk of your capital.

        0 replies 0 retweets 0 likes
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      1. TraderSamwise‏ @TraderSamwise 23 Oct 2019
        Replying to @HsakaTrades

        This is a really good point. Not to mention that someone who is DCAing to enter a trade likely wouldn't have the clarity to take the loss and exit the whole position even if they had a clear invalidation. What, are they going to DCA out of their position? Possible, not likely

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      2. Mr. TA‏ @Trader_M4tt 23 Oct 2019
        Replying to @HsakaTrades

        You're looking at it from a trading perspective, not from an investor's mindset Putting a portion of one's money per month into a stock has been happening for decades with a long term mindset. If you're bullish on an asset with a 10+ year outlook, it makes sense to non traders

        1 reply 0 retweets 6 likes
      3. Hsaka‏ @HsakaTrades 23 Oct 2019
        Replying to @Trader_M4tt

        Yeah, purely looking at it from a traders perspective. I don't have a 10+ year outlook on BTC.

        1 reply 0 retweets 2 likes
      4. Show replies
      1. i.am.nomad‏ @IamNomad 23 Oct 2019
        Replying to @HsakaTrades

        i.am.nomad Retweeted i.am.nomad

        https://twitter.com/IamNomad/status/1187134706074247174?s=19 …

        i.am.nomad added,

        i.am.nomad @IamNomad
        Replying to @ThisIsNuse
        Most people fuck up dca. Averaging down loser trade doesnt make sense. Instead you should be be considering dca on holding and position which have some conviction on. This conviction should be based on more than "muh feels"
        0 replies 0 retweets 5 likes
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      1. Mooncat‏ @bagholder_Inc 23 Oct 2019
        Replying to @HsakaTrades

        When will CT understand that DCA only works for the entire stock market indexes...not a goddamn casino like cryptp

        0 replies 0 retweets 0 likes
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      1. atriangle‏ @PhotonDirector 23 Oct 2019
        Replying to @HsakaTrades

        Oh y a, DCa is Scott melkers famous strategy. He blocked me though partially because I called him out and criticized his TA.

        0 replies 0 retweets 0 likes
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      1. Chardy.Hex‏ @ChardyXBT 23 Oct 2019
        Replying to @HsakaTrades

        Trader

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      1. TheCryptoMatrix‏ @CryptoMatrix2 23 Oct 2019
        Replying to @HsakaTrades

        DCA for retail is the only things they can do on a timeframe 1-2-3 years for earning a little bit on Bitcoin since 2017. I think almost 90 or 95% lose money in 2018, so yes definitely for those are still here DCA for a long time is the only way. Of course not the trader one.

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