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1381  Economy / Speculation / Hedge your position right from the start - ongoing discussion on: October 06, 2019, 08:53:54 AM
There was a discussion in the unique "Wall Observer BTC/USD" (WO) thread about to have BTC positions in both directions (long/buy and short/sell) right from the start of opening a position.

I've collected all related post from different users from the WO thread and have re-quoted this posts within this thread. It might be of interest for other users as well and might be a better place to discuss the topic without noise between the posts.
1382  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 02:16:11 AM
Actually, I didn't touch them. It could've been Dabs or someone else.
Ok, thanks for the info. DABS! Why did you do it?

I didn't touch them either. I'm not a global mod.



Then who did? And why? It was so beautiful, WHY, why, *sob*.

I thought self moderated meant only the thread starter (or someone he put in his place) could do things like that.

Brother, try this out: press "Report to moderator" on your own post and enter the comment "Who are you?". maybe you will get an answer from him after.  Wink

btw, I did not report your posts.
1383  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 06:03:30 PM
Hey guys, have you ever done some trading on both sides? That is, if you enter Long, do you protect your position in Short with some leverage? This Spanish-speaking Trader did it, the video is from 2018, but it seems to me that the adrenaline he feels is a lot! more when you do it with 100k!

https://i.imgur.com/Xv1Vx5v.png
Source: https://www.youtube.com/watch?v=T7p5UTPNPIs&t=14s


As Jesse Livermore did, it is a way to always be in the market, no matter which direction you are going.

Do you think it is convenient to do it right now in the market? Since the price is expected to increase, but if it falls, protect your position.

Obviously, to do this you have to have a lot of experience and try to suppress emotions to the fullest.

Hedge at the start - Trading System

let's play it simple without leverage just 1 BTC positions in USD.

bid price is 8200
ask price is 8250
spread is 50

you sell (sl -250) at 8250 - from start it equals to -50 in profit
you buy (sl -250) at 8200 - from start it equals to -50 in profit

price goes to 8400 - sell liquidated with -250 profit - buy with +150 in profit
price must go to 8500 to be break-even (w/o fees for both positions)

or

price goes to 8000 - buy liquidated with -250 profit - sell with +150 in profit
price must go to 7900 to be break-even (w/o fees for both positions)

it's kind of break-out system with a range of 500 600 (w/o fees for both positions). there MUST be a range break-out > 300 to be profitable and ranging withing the range will increase the losses every time a sl is hit.

*correct me please if I did a calculation error

EDIT: in my eyes it's a poor system. better you have a range defined and buy above the range and sell below the range because then you will not add several losses if there is no break-out of the range for a specific time.
1384  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 05:34:14 PM
I made a joke in Dutch.  I am excessively proud of this accomplishment.  

<preface: 6 beers before noon>

If I haven't low-key doxed myself already, my best friend passed early in life, from colon cancer. He was Dutch, and leaves behind a wife and child that we consider close-distant family - Spending American Thanksgiving with his wife and his son, who, for all intents and purposes, will be inheriting a nontrivial fortune upon my passing.

I don't know why I posted this just now.

I think I just really miss my Dutch friend.

No homo.


so sad! give you a huge hug! #nohomo
1385  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 04:09:23 PM
Quote
I'm not a huge fan of the system but then I'm no expert.
I'm no expert either, but the system does pay off with a little caution.

really? may you care to explain, please?

EDIT: this WO thread is a time eater for sure! Damn!  Grin

EDIT2: is rehab possible?
1386  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 03:45:48 PM
Hey guys, have you ever done some trading on both sides? That is, if you enter Long, do you protect your position in Short with some leverage? This Spanish-speaking Trader did it, the video is from 2018, but it seems to me that the adrenaline he feels is a lot! more when you do it with 100k!

https://i.imgur.com/Xv1Vx5v.png
Source: https://www.youtube.com/watch?v=T7p5UTPNPIs&t=14s


As Jesse Livermore did, it is a way to always be in the market, no matter which direction you are going.

Do you think it is convenient to do it right now in the market? Since the price is expected to increase, but if it falls, protect your position.

Obviously, to do this you have to have a lot of experience and try to suppress emotions to the fullest.

it do not make sense to me. if I buy I expect the price to increase and if I short with leverage I expect the price to decrease.

if I buy one BTC and the same time I short BTC with leverage then if the price will increase my short will get liquidated soon depending on my leverage. if the price decreases my short will get in profit but then it was useless to buy BTC because better buy after the short was closed in profit.
1387  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 03:35:02 PM
Hey guys, have you ever done some trading on both sides? That is, if you enter Long, do you protect your position in Short with some leverage? This Spanish-speaking Trader did it, the video is from 2018, but it seems to me that the adrenaline he feels is a lot! more when you do it with 100k!

https://i.imgur.com/Xv1Vx5v.png
Source: https://www.youtube.com/watch?v=T7p5UTPNPIs&t=14s


As Jesse Livermore did, it is a way to always be in the market, no matter which direction you are going.

Do you think it is convenient to do it right now in the market? Since the price is expected to increase, but if it falls, protect your position.

Obviously, to do this you have to have a lot of experience and try to suppress emotions to the fullest.


don't be a sinner.

In this thread we only sacrifice our worthless Fiat for the cause.

so how much in profit now, boy?


as i can't post pictures before lvl up (thx NFL)


GIVE ME MERIT FIRST.

LOL, just post the link.  Grin
1388  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 03:08:31 PM
This Adolf Hitler fellow had some very practical and innovative solutions to the Jewish problem.  I am also no longer interested in Larry Summer's cashless society slavery system called Bitcoin.  I have seen the error in my ways and anything that's not physical commodity money like silver and gold is a scam.

We are all equal. Black, white, asian whatever. It does not matter and I have only love in my heart. I have absolutely no hatred towards anyone different than me. Life is fun and I do not have schizophrenic paranoia and wild conspiracy theories.


I agree, Roach! Well said!

double-quoted to make history
1389  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 02:46:06 PM


don't panic! the median is the small line (at $8000) below.

1390  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 01:58:31 PM
One needs a good deal of darmklachten to put up with this verlakkerij.

Haha if someone knows what  V8 is meaning in here, would be impressive ......... Be quiet Hairy.

verlakkerij = fuckery iirc

darmklachten = Huh - unsure but its probably another word worth learning.

darmklachten sounds like (darmwinde) gut farts in german Smiley

in german: "pupsen" (softer) / "forzen" (more rude)

EDIT: "r0ach ist ein kleiner Furz" means "r0ach is very less important"
Verlakkerij looks Dutch.
Google Translate detects darmklachten as Dutch for intestinal complaints.  Roach's fuckery gives you indigestion?  But Google translates the German "darm lachten" as "guts laughed", so maybe darmklachten really means belly laugh?
Google Tran says Furz is German and it means fart.  Roach is a little fart.  
And I think to fart is furzen, not forzen.

sorry, i did misunderstood it a bit.  Grin

"darmklachten" is in german "Darmbeschwerden". a real man has this all the time and the result is he "muß forzen" all the time.

EDIT: but "verlakkerij" google translate it to "paint shop" which is in german "Lackiererei" in which cars will get a new color for example. I'm not getting the connection to "intestinal complaints"  Huh  because of the bad air within a paint shop? i don't know.

EDIT2: maybe it is a inside joke of some WO gang members at their last gang meeting.  Grin
1391  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 01:05:37 PM
One needs a good deal of darmklachten to put up with this verlakkerij.

Haha if someone knows what  V8 is meaning in here, would be impressive ......... Be quiet Hairy.

verlakkerij = fuckery iirc

darmklachten = Huh - unsure but its probably another word worth learning.

darmklachten sounds like (darmwinde) gut farts in german Smiley

in german: "pupsen" (softer) / "forzen" (more rude)

EDIT: "r0ach ist ein kleiner Furz" means "r0ach is very less important"
1392  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 10:34:38 AM
^^


r0ach stop brainwashing yourself

r0ach on youtube --> https://youtu.be/S3xhyj-e0Kk
1393  Local / Trading und Spekulation / Re: Welcher Trading Bot ist einfach und günstig ggf. kostenlos? on: October 03, 2019, 09:17:16 AM
Seit circa einer Woche am Markt, die Trading Wallet der StrateVic Finance Group AB.

Aktuell fallen hier keine Gebühren an und in der ersten Woche (wöchentliche Ausschüttung),
wurden hier 1,21 Prozent generiert. Auzahlung jederzeit möglich, gilt auch für das komplette Invest.

Q&A: Für Ein- und Auszahlungen fallen im Moment keine Gebühren an. Wenn sich das jemals ändert, werden wir die Website und die Allgemeinen Geschäftsbedingungen der Website aktualisieren.

SCAM ALERT
1394  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 08:08:03 AM
someone remember RawDog from the early days?

https://www.reddit.com/r/Bitcoin/comments/13e826/classic_sirrawdoglets_view_on_bitcoin/

maybe he has a brother too.  Grin Grin
1395  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 09:31:21 PM
just a question: should I look at Bitcoin like a Commodity or like a Share (Stock) or something between?

EDIT: btw, i found this --> https://www.bitcoinmarketjournal.com/bitcoin-commodity/
1396  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 08:51:32 PM
Anyone else install Trezor's custom BTC only firmware?  It still has the exchange button I noticed.  I guess the biggest benefit will be the bypass of all the altcoin support updates.

got the email too. i would appreciate less updates.

How does it work for shitforks?

all altcoins are still available but not visible. if you want to see them you have to install the full firmware.
1397  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: October 02, 2019, 08:34:56 PM
Mal was ganz anderes:
Wer hat...
...mitbekommen, dass 2h kein Block gefunden wurde?
https://cryptomonday.de/bitcoin-fuer-2-stunden-ohne-bloecke-riesen-mining-farm-in-china-brennt-ab/

hab ich auch erst im nachhinein mitbekommen. früher hab ich da mehr obacht drauf gegeben weil man auf blockchain.info auch direkt die blöcke gesehen hat.

wenn ein incident im netzwerk auftritt sollte das auch hier angezeigt werden --> https://bitcoin.org/en/alerts
1398  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 08:00:05 PM
Anyone else install Trezor's custom BTC only firmware?  It still has the exchange button I noticed.  I guess the biggest benefit will be the bypass of all the altcoin support updates.

got the email too. i would appreciate less updates.
1399  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: October 02, 2019, 07:50:09 PM
Auf Pump gekauft...ouch.

Ich musste... mein System gab es so vor... mache ich mit Aktien aber auch öfters.
Gute Gelegenheit lasse ich mir nicht entgehen. Außerdem kriege ich im Oktober 2 Gehälter Cheesy

ich gewinne auch immer mehr die überzeugung, dass man Bitcoin vom investment standpunkt her gesehen als Aktie ansehen sollte. ich meine nicht von der ideologie her gesehen, dass es ein hedge gegen das system ist. aber von der handhabung her in Hausse und Baisse phasen. ich bin aber noch am anfang meiner überlegungen und muss es für mich ausarbeiten.

EDIT: der vorteil dieser Aktie (Share) ist, dass sie teilbar ist. also jeder kann in irgendeiner grösse daran partizipieren.
1400  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 05:47:41 PM
My friend Shelby, who many of you may know
<snip>

Yeah,
Carrol Shelby: Matt Damon is filming a movie on this incredible BTC predicting abilities.



Shocked Shocked

what does he has inside the pants? a wrench? #nohomo
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