Quote:
Originally Posted by Bingo
I'm a commodity trader. Sometimes when the market seems poised to move up I back up my offer and let bids come to me. The risk in that is the upward blip is short lived and you miss your chance to sell at what you would have accepted.
If you have say two units (players) to sell, it's better to sell one in an upward market and then back the offer back on the 2nd one. If it's a blip you get one done, if it's a full on push upward you get one done where you thought fair and the other at a premium.
At the end of the day you need to move assets for something or they just walk away for nothing.
If the upward move turns into a free fall you're hitting bids and making sure you don't get stuck.
All gut and experience.
Really surprised at the negativity for this trade, poll shocks me.
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Agree with all the trading strategy.
Just don't agree with the price you set for the first asset. It all comes down to what you think Hudler is worth.
Not that hard to understand really.