Risk taking is a personal preference. No risk no reward.



Thanks for the reply.

One should try this strategy with small amounts and when they feel confident they can go for next level. Also better to avoid dull markets when no action is going on.


Thanks for the reply.

Yes.. its personal, whether to go for 100X or 25x.


Thanks for the reply.

Bitmex is a trading platform where the price you see are just contracts. It moves up and down according to the market price of bitcoin. when you buy you will make money when bitcoin goes up also when you sell you will make money when bitcoin goes down. Kindly go through some educational videos about trading in you-tube before trading.



Thanks for the reply.

At last i got one person who understands my concept. One has to be discipline not greedy. Look, what happened now the price crossed 5400 and came back to 5200.



Thanks for the reply.

1 btc is just an example, you can start with 1 USD in bitmex. Plan according to your total capital. Make reserves for 4-5 entries. Because price will move sideways for long time.



Thanks for the reply.

Leverage can be chosen according to personal preference, that how much risk he/she can afford.


Thanks for the reply.

If the price goes upward in direction then the long account will met the target price and the short account got liquidated early. Kindly go through my live paper trading that just completed successfully.


Thanks for the reply.

Leverage can be chosen according to the risk capacity of each person. Kindly go through my live paper trading just completed. You will get answers for all your queries.


Thanks for the reply.

We have successfully achieved the target of 5309 in long trade.

1:06 pm
Wednesday, 10 April 2019 (GMT-4)
Time in Washington, DC, USA


Profit achieved in second trade = 2.5-0.89 = 1.61 btc.
Loss booked in first trade = -0.34-0.48 = -0.82 btc.

There for net profit = 1.61-0.82 = 0.79 btc  


Thanks.

I have given an example to make it more clear with 1 btc. You can trade with small amounts. Also i have opened a live paper trading.


Thanks for reply.

Yes..that is the beauty of markets, anything can happen.


Thanks for the reply.

The above trade has been closed due to liquidation on both sides. I have opened a new trade for covering the loss just happened.


Thanks.

Hi friends lets enter a new trade since the above trade failed on both sides.

10:35 pm
Tuesday, 9 April 2019 (GMT-4)
Time in Washington, DC, USA

Assume the trade made at Current Market price of Bitcoin.

Bitcoin price @ Bitmex is 5229

2 btc in each account with 100x leverage.

Long 880000 in one account with 100X leverage, Liquidation @5206, Exit price @ 5309.
Short 880000 in one account with 100X leverage, Liquidation @5257, Exit price @ 5149.

Also i have not used any indicators.

If you do not understand what is going on then please go to my first post on this strategy.

Thanks.

You do not need a big amount for this strategy, plan according to your total capital. Also i have posted a paper trading which is live now.


Thanks for the reply.

The price moved when i was typing the post. what you see above now is final.


Thanks for the reply.

Hi friends lets do some paper trading of bitcoin hugging strategy

10:33 am
Tuesday, 9 April 2019 (GMT-4)
Time in Washington, DC, USA

Assume the trade made at Current Market price of Bitcoin.

Bitcoin price @ Bitmex is 5208

1 btc in each account with 100x leverage.

Long 440000 in one account with 100X leverage, Liquidation @5187, Exit price @ 5272.
Short 440000 in one account with 100X leverage, Liquidation @5238, Exit price @ 5152.

Also i have not used any indicators.

If you do not understand what is going on then please go to my first post on this strategy.

Thanks.

There is nothing wrong with Martingale Strategy if you are allowed unlimited entries.


Thanks for the reply.

Yes..you can use indicators for breakout or dump signals, in order to reduce the risk level.



Thanks for the comment.

Exactly.. you should plan according to your total capital. Because the price moves sideways, so keep reserves for re-entry. You can try with small amounts. Also there is no need of evidence. We all know trades will be favor and unfavor, if its unfavor go for next trade and make the net profit green.


Thanks for the comment.