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I found lots of threads here on the reasons for losses or the ways to earn in the long term. Some of the threads are quite useful, but here I'd like to put special attention to risk management. Many traders, even those who use cool strategies lose. Everyone loses sometimes. This is a rule of the market. I'm already 10 years in trading and can state that to save is harder than to earn, that's my position. So, always plan your trading system with a special attention to risk management. Here you can read about risks and losses: https://www.bitinsure.com/blog/?p=35And also reasons not to rely fully on trading bots: https://www.bitinsure.com/blog/?p=59Probably after it you will pay more attention to risks. Hope this will be useful. What types and methods of risk management you use? Any software? What risk limits do you set?Let's share  totally agree. personally i do it manually. will try to use software |
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BTC double bottom pattern Closed a half of the position at $11500 P.S. Closing a position by part (reversal pyramid) is used when you are not sure in further price movements, so you: -fix a part of the profits -leave opportunities to earn more  Man cool thanks for the pattern how much did you get, btw? |
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Hey. I'm Mark, a full time trader. I will publish here my usual trades and any trading stuff I find useful (e.g. price analysis). This is result of several years of experience and the hints shared by my friends working at hedge fund. I've never believed that trading can become such a solid income source, but it's all possible. Probably the info being posted here will be useful for you and also will motivate me more to push myself beyond my limits. Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTradesIt's funny how some people would think that day trading is easy because they see those are doing it full time and they now wants to jump on it and leave their office work to become a full time day trader. If you are one of those that are thinking such, maybe just because you saw ops post and you now think it is easy, stop thinking like that because this is a lot of work and if you're not careful you're going to be losing. Day trading requires a lot of work before you can get perfect in it. So if you are considering to be a trader, i will advise you to first start it as part time job and see how much ypu can make from it, if you're okay, then you can start considering going full time into it. Yeah. This is a good suggestion. As for ops.. looks like he is experienced enough to leave the job But that's tremendous work... |
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My logic is, if you can make 12 btc through trading, why you still need to open other bussiness? Just stick with your trading strategy and keep improve your skills rather than open another bussiness which you can't make sure you can make profit from that
trade there's risk to loss preview profits, not bad idea to open another bussiness for an extra income
The idea is that business brings also risks and troubles. And losses. It is interesting as well to realize yourself in it and get extra profit, but trading gives you more freedom and absence of some not very pleasant moments typical of business, spesifically at the first its stages Anyway, I support the idea of extra income in case of black swans... that's why have an "emergency exit" to other area to work at Consider it to be a wise idea. Did you catch recent BTC moves? |
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It seems crazy to me that people invest so much capital into margin trading. IMO, the benefit of doing it is that you don't need to invest and risk as much in the first place. I think the key is to be 100% comfortable with the fact that you could lose it all and decide whether the potential gains in the outcome of a successful trade is worth the risk of losing it all if unsuccessful. It is essentially a gamble if you use as much as 100x because a price action of just 1% can liquidate your position near instantly. I say either don't invest what you can't afford to lose, or don't use high leverage. If you wanna risk $100 for the opportunity to turn it into significantly more, then, by all means, go ahead - that seems like a fair trade-off to me. Just be aware of the risks. Also, you could try to hedge with an opposing position if possible.
I never get it myself. If you have $100 to trade, then trade with $100. Why would you ever want to pretend that you're trading with $1000? People forget: To make profit as much as if you had $1000, you also have to risk that when you make a loss, you make a loss as if you had $10. It's the same as borrowing money. Why would anyone ever borrow money to trade just makes me wonder. Trading is high risk as it is and the stats keep reminding us. But people just refuse to learn! Yes. feel the same As I understand lots of patience is needed to do successful margin trading |
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Some trend techniques explained of today's BTC trade.  Great thank you! Probably you have some techniques considering trend trading. Some ideas or so Please share Why you enter at a third touch? |
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Hey. I see you are successful in crypto. I’m crying my heart here, probably you could give me any piece of advice. I lost almost EVERYTHING…
How you survive..? I saw your statement. Feel like I won't have such ever. I'm lost and have no idea how to recover my funds...
Hello. I was starting from small steps and silly mistaked. I had no detailed plan for some time and suffered losses. What you see is the result of years. What did happen? Why did you lose so much? I suggest you not to trade for a while for sure. I already stopped.. I lost almost EVERYTHING… All my crypto and fiat funds… I was always believing in crypto and was buying ETH and BTC at the bottoms and the price was increasing. Even when the bear market reduced the value of my portfolio I didn’t give up. Then the story was quite pleasant, with the market recovery I was actively speculating and increased my deposit from 0.02 BTC to 0.2. I was really euphoric. That was the time of my graduation and I was thinking to cover my tuition fees by my profits in crypto. I has trading for hours. The feeling of happiness came to me so quickly. And in the same mode it gone… That time I dot known with leverages. Started trading at Bitmex (I see your screens are exactly from there). So, I was confident in my strategy. I earned some more money and started my margin trading. That was a mistake. I did everything as before, but with one unexpected market movement I lost everything. Then started a revenge trading. And one more mistake followed. Willing to get back my money I used the ones I was saving for years… What I got is margin call and the one more margin call. The last money was lost tonight… What is left for now is zero. Zero deposit and zero desire. Seems like it is the end of my crypto trader career. Overall, I lost 1.6 BTC, which is probably not a lot for you… But for me it is everything since I have just graduated. I feel really suppressed writing it and sometimes I feel like I’d better have killed myself… I don’t know what to do. I feel what you are talking about. Learned the same lesson at about your age and as I can remember the sum of money was similar, but that time I was trading triple leveraged ETFs. Remember I lost everything I had, and I was going to lose even the first car I just bought. I was really devastated and decided to learn from it. By the way, it took me about a year to really get over the loss. I decided to start fresh and just learn from it. It took me about a year to really get over the loss, but I bounced back and worked my ass off doing double shifts at the restaurant I worked at. Fast forward 11 years and I’m sitting in a paid off house that I never dreamed I would be living in at this age. You can do big things if you work hard and focus on your goals. The lesson I learned at 23 years old had a lot to do with the work ethic I have now that made me very successful financially. $10k is nothing to me nowadays. My crypto portfolio alone lost about $45k in value today and I’m having a beer right now feeling fine if that tells you anything. My point is that your situation will change drastically in a few years if you choose to fight for it. It can get way better. The deciding factor is you. Now it is better to stop for a while, analyse the reasons an then start strading very carefully, that's my advice Thank you for the support, it's really important to hear sth like that from a person with a similar experience. So you started to trade after a year? I can share the screens, that's terrifying.... Not really, it actually took me about a week to start trading again. What I did that week was deep studying of risk and money management. I saved the rest of my deposit with the help of scalping. The positions also were decreased. Are you familiar with the techniques to recover the deposit and what about your risks? Everything can be fixed
Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTradesRead here that you helped this guy to stare the successful recovery. Could you please share your advice? That would be precious, as I see your results and feel that you are very very advanced in trading Yeah, we analysed the case. The drawdown was harsh, but we structured everything and the recovery already comes I will write all the steps I’d recommend, including the ones related to psychology. SO, DRAWDOWNThus, if you have a losing position, 1) Accept that you are losing. It is an integral part of trading. The earlier you accept it, the more money you will save 2) Analyse. This is what our trading journals for. I often make screens of the trades to look through them and understand what the reasons of the failure are 3) Cut your losses. Part by part reduce the position which causes your drawdown. Make it insignificant for you 4) Having got rid of the losing position, you need the recovery: 4.1) Minimize the position size. It would not be so stressful (if you feel you are in tilt, stop trading for some days) 4.2) Understand what your best strategies/tools/trades/markets are 4.3) Use them only. Be it one trade a day or a couple of days. But it should be confident and perfect 5) Try strategies: 5.1) Scalping 5.2) Strong trend would be your true friend that time 5.3) My fav pyramid trading (increase the position step by step) and reversal (take profits by several steps) 5.4) Manage stop losses (you can use breakeven strategy), but not rush into it, cutting profits. This point should be applied in a very careful way. Actually, these rules and strategies are applicable in any case. An effective way to cut losses and make more profits with less risks. Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTradesThank you for sharing! Could you please clarify what you analyse by the trading jornal? |
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Wow nice ORS. The first time I see so well explained sophisticated integral part of the system Thank you admin!!! |
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 BlockShow Launches Crypto Fundraising Campaign for Notre Dame Reconstruction Read more: http://clc.to/n9Y-vwCool! It's gonna be reconstructed soo this way  |
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Hyperquant to the moon!
Actually everything to the moon. Waiting for recovery  Look, guyz, recovering slightly! HQ, what's up? |
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Hyperquant to the moon!
Hey talked with their partners on the conference. They gonna florish this year, hey! Hello! Where have u been for so long? Yeap. And look - the market is recovering. Back to trades! |
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Has anyone sold some yet?
I have some clients, still working with them. Hopefully gonna close them soon Same, got one legit Do you have any plan for closing the client? any suggestions? Use social network channels, maybe you have one miner friend who has tons of ETH under the carpet xD |
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Has anyone sold some yet?
I have some clients, still working with them. Hopefully gonna close them soon Same, got one legit |
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If that so, I am one of your investor and fan  |
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Hello there! The Team is working hard right now, when they have some free time they will check it still no any updates about bounty participants rewards, and no answer either on hqt telegram channel . We need some answer here ? The bounty is already ended Long time ago Hi Friend .. If you join the HQT bounty community on Telegram, then you will get an answer why until now there has been no update on the bounty list, they are still planning to be registered in a large exchange after that they will start distributing funds .. Could you please kindly share the right channel? Or some more info resources? As I know there are good articles on meduim. Considering both the project and all crypto world Also twitter and fb.. usual channels |
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I was at Korean forum relatively recently.. liked the speach Are they gonna list on more exchanges? What are plans? Hi! Well.. they are partnered with Kucoin and some other exchanges, all at their web Guess they will list (better say I'm sure) It's start only I hope It will be Kucoin  Maybe Binance |
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Amazing news! time to pass KYC on exchanges
do you mean that in order to obtain tokens for this project, should I go through the verification process to confirm my identity? why do you do this I'm trying to help a project investment They have a unique approach to token distribution event. Please check their news channel, I think you will find it amazing |
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Amazing news! time to pass KYC on exchanges
do you mean that in order to obtain tokens for this project, should I go through the verification process to confirm my identity? why do you do this I'm trying to help a project investment No! of course not, I missed the token sale that is why I want to get some HQT from exchanges |
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Зачем - зачем, чтобы о них спрашивали)
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Amazing news! time to pass KYC on exchanges
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