/biz/ - Business & Finance

yes

WHERE IS VOLUME????

>>21292150
Yep standard melt up. You don't fully appreciate it when you're long, I don't think. You kind of just sigh and say yes, yes you are going the correct direction and this pleases me. However, if you're in the middle of a short and this shit starts it's a maddening feel. Get what looks like a good entry for a (usually brief) bearish move then overnight futures turn round and say nope we're not doing that nevermind. Drives you crazy. One of the hundreds of reasons shorting the index sucks and why you shouldn't even attempt to do it unless you get a very specific setup. If you haven't figured out a fairly decent short setup for indexes, don't even bother. You're just going to get bled to death getting sqeezed constantly AND missing the long entry while you're thinking about closing your short.

Some TA fag just said that there is solid support at 0.0003 ETH and buy as close to there as possible and suddenly the catalogue is full of Req fud.