Paper Trading of Bitcoin Hugging Strategy

[BITHUG]

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.

[Bitinity]

Why new thread for the exact same strategy that you shared in this thread?
You are just editing it based on the current bitcoin price, no need to create a new thread. This will make this board full of your own thread if you create new thread every time you put new price.

[BITHUG]

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


Thanks for the reply.

[BITHUG]

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.