I started actively trading on Bitmex about two months ago. Litle bit details:
- I only trade ETHUSD perpetual contract
- I use second account for hedging
- I trade from Sierra charts
- I created automated software to generate trade reports. It fetches all trades from Bitmex and screenshots from trading software.
So far my results
https://trading-report.netlify.com/:
- 3 liquidations. Trade 6, 67 and 83
- Biggest winning streak: 5 days
- Biggest losing streak: 3 days
Lessons learned:
- I tend to lose more in the evening
- I lose more after several profitable days
- I almost always lose when trade too much. Now I am trying to limit the number of trades per day
- I often lose when I don't plan my trades and rush into them
- I win more when I plan my trade and wait for confirmation but most of the time I enter too early
- I learned to lose less by not trading after several looses. Sometimes I even skip day or two after losing streak and it helps
- My first trade in the morning usually is a winning trade or at least a small lose. When I feel good I tend to win more.
I hope it is helpful. I will update my report regularly. If you have any suggestions on how I can improve my trading or what other information about my trading would be interesting, feel free to comment here or pm me.
P.S. Sorry if my English is bad. I am not a native speaker.
