shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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November 12, 2014, 12:49:36 AM |
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For god's sake no don't go long 20X now.
I see you are eager to trade on big leverage.
Trust me, unless you REALLY know what you are doing I suggest you don't go big or you'll find yourself totally REKT with less than half of all your funds before you know it. You don't want that.
And even it tomorrow it shoots up (you don't know that now) don't go all "maaaan I could have made a killing if I would have put all 20X leverage yesterday!"
^^^This is the thought process of a gambler not a trader. A trader needs a strategy, not big wins on luck, or he will lose eventually.
How much experience do you have in trading and on trading on margin?
Not alot, swingtrade a bit with btc/doge/ltc . But unless it would go sub $350 I wouldn't lose any money
And I don't think it will go much lower then $355 I don't know how it works on your exchange, but in my experience, every day you spend in the red you are bleeding out interest. Also, because of the spread, your position is in the red the second you make your bet. Definitely a good idea to start with some small bets to get used to the system before swinging for the fences. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 12, 2014, 12:50:47 AM |
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I don't know how it works on your exchange, but in my experience, every day you spend in the red you are bleeding out interest. Also, because of the spread, your position is in the red the second you make your bet.
Definitely a good idea to start with some small bets to get used to the system before swinging for the fences.
Well, how big are the interests? They aren't that big right BTW, I know I look like a fool and I normally wouldn't do this but my gut, heart and brain is telling me to do this, like what am I supposed to do  |
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paul2000
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November 12, 2014, 12:54:50 AM |
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Interesting price/volume correlation  |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 12, 2014, 12:56:17 AM
Last edit: November 12, 2014, 01:32:39 AM by podyx |
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Maybe this just is a little bull-trap...
Cup and handle pattern on 6h but I'm afraid that the handle is too small and we will go down to $355 and I get margin called..
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 12, 2014, 01:00:17 AM |
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Davyd05
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November 12, 2014, 01:02:59 AM |
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sideways following up got bulls, biting our nails |
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Raystonn
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November 12, 2014, 01:11:17 AM |
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Maybe this just is a little bull-trap...
Cup and handle pattern on 6h but I'm fucking afraid that the handle is too small and we will go down to $355 and I get margin called..
Hey, if you're going to keep profit in BTC, then I hope you win big. I really do. But I'm seeing "Maybe" and "afraid". I see hope and fear. You are exactly the type of retail trader the big traders want in the markets. If you look around the room and don't see any noobs you can take to the cleaners, get out immediately. That means you're the noob. |
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MyMindOnSat0shi
Newbie
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Activity: 12
Merit: 0
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November 12, 2014, 01:13:57 AM |
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Maybe this just is a little bull-trap...
Cup and handle pattern on 6h but I'm fucking afraid that the handle is too small and we will go down to $355 and I get margin called..
Hey, if you're going to keep profit in BTC, then I hope you win big. I really do. But I'm seeing "Maybe" and "afraid". I see hope and fear. You are exactly the type of retail trader the big traders want in the markets. If you look around the room and don't see any noobs you can take to the cleaners, get out immediately. That means you're the noob. rekt |
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Davyd05
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November 12, 2014, 01:37:04 AM |
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Also anyone else listen to the okcoin dude on some internet radio/podcast posted on /r/bitcoin.
3 billion euro hedge fund trading on their exchange he claims.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 12, 2014, 01:39:45 AM |
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Why is my $370 order getting margin called at $354??
It should be 5% no?? I.E 351.5
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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November 12, 2014, 01:45:38 AM |
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Why is my $370 order getting margin called at $354??
It should be 5% no?? I.E 351.5
Others has same issue i think brokers are stuck short looking to get out time for the bull |
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Davyd05
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November 12, 2014, 01:50:55 AM |
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And the Chinese got us moving again.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 12, 2014, 01:51:32 AM |
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Okay, this is either hell of a bulltrap or we should see a breakout soon
I'm scared of the former though.. Why did I just leverage 50% (of the amount I plan to leverage with) at 370...
Can't wait to sit back, light up a cigar and drink some pagne and watch this motherfucker go to the moon
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Thomas-s
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November 12, 2014, 01:52:05 AM |
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BREAKOUT HOLY SHIT  |
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podyx
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Activity: 2338
Merit: 1035
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November 12, 2014, 01:55:45 AM |
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Cmon baby, touch that 375 so I can move in with leverage
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MyMindOnSat0shi
Newbie
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Activity: 12
Merit: 0
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November 12, 2014, 01:57:21 AM |
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sexy trap, ill buy in 4hrs
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 12, 2014, 01:58:02 AM |
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CMON BABY, RISE UP
SHINE FOR ME!
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 12, 2014, 01:58:59 AM |
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CMOOOOON YOU BITCH!!!!!!
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BlindMayorBitcorn
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Activity: 1260
Merit: 1115
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November 12, 2014, 01:59:45 AM |
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lol
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 12, 2014, 02:00:17 AM |
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