Bitcoin Forum
October 24, 2019, 12:49:47 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Oct. 31 Closing Price:
$0 - 4 (5.2%)
<$7,000 - 9 (11.7%)
$7,000-$7,500 - 5 (6.5%)
$7,500-$8,000 - 10 (13%)
$8,000-$8,500 - 15 (19.5%)
$8,500-$9,000 - 10 (13%)
$9,000-$9,500 - 5 (6.5%)
$9,500-$10,000 - 4 (5.2%)
$10,000-$10,500 - 5 (6.5%)
>$10,500 - 4 (5.2%)
>$20,000 - 6 (7.8%)
Total Voters: 77

Pages: « 1 ... 25136 25137 25138 25139 25140 25141 25142 25143 25144 25145 25146 25147 25148 25149 25150 25151 25152 25153 25154 25155 25156 25157 25158 25159 25160 25161 25162 25163 25164 25165 25166 25167 25168 25169 25170 25171 25172 25173 25174 25175 25176 25177 25178 25179 25180 25181 25182 25183 25184 25185 [25186] 25187 25188 25189 25190 25191 25192 25193 25194 25195 25196 25197 25198 25199 25200 25201 25202 25203 25204 25205 25206 25207 25208 25209 25210 25211 25212 25213 25214 25215 25216 25217 25218 25219 25220 25221 25222 25223 25224 25225 25226 25227 25228 25229 25230 25231 25232 25233 25234 25235 25236 ... 25292 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21410162 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (109 posts by 22 users deleted.)
Globb0
Legendary
*
Offline Offline

Activity: 2044
Merit: 1434


I bet you didnt know it Im a fiddle player too


View Profile
October 07, 2019, 06:39:51 PM

Whelp, vodka # 6

Drinking on a monday morning?  Shocked Huh
Technically yes but only the wee hours, and now just waking up from a Wodka slumber, Polish pronunciation Wink
Checks price to see how much value that drunken but heartfelt trade has cost me.  Shocked  looks at bottle of frosty Wodka again,  Grin Grin Grin   Just you and me baby!




 Oooh so frosty!  Nice.


This is the way I drink my daily vodka diet
1571878187
Hero Member
*
Offline Offline

Posts: 1571878187

View Profile Personal Message (Offline)

Ignore
1571878187
Reply with quote  #2

1571878187
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571878187
Hero Member
*
Offline Offline

Posts: 1571878187

View Profile Personal Message (Offline)

Ignore
1571878187
Reply with quote  #2

1571878187
Report to moderator
d_eddie
Hero Member
*****
Offline Offline

Activity: 854
Merit: 740



View Profile
October 07, 2019, 06:47:56 PM
Last edit: October 07, 2019, 07:45:00 PM by d_eddie

Who sold at the bottom?

EDIT: btw, I have a 0.2 BTC open short in my books but just in DEMO account. waiting for d_eddie to get the sign if I can close it.  Roll Eyes

Heya brother-in-corn, this responsibility weighs upon my shoulders like a couple lambos! Close it as soon as it goes green. It's a short after all, better never let them go too far... or open a hedging long just in case  Grin

it's hedged already with a long. the long is 260.2 points in green and the short is 488.7 points in red. I've borrowed the casino chips from my grandma and have to pay her back after Christmas. what should I do Buddy?

 Grin

If you don't like the idea of having to cut up your grandma and chuck her somewhere after the deed is done, you could try different approaches that only involve trading.

We need more info: the relative size of the 2 sides is the most important. Entry points not that much (their effects near/far from entry also depend on the detailed structure of the relevant derivative(s)).

If they were open at the same time, it would mean the short is ~1.9 times as large as the long. So each step up pays you 1 and costs you 1.9. A simple chicken-out strategy is: try to make the positions equal as much as you can, exploiting any "discount" (that is, dips if it's the short you're trying to reduce). Once they're equal, you are more or less insensitive to price variation because, as many have pointed out, it's equivalent to being flat (IF after that point, you close them together!). When you're there, you can assess your realized P&L and either close the game (no-brainer if you're green overall) or keep it going.

This is what I'd do, at least - but most importantly, I would try not to find myself with the short larger than the long in an uptrend! That's what planning ahead is about.
Gyrsur
Legendary
*
Offline Offline

Activity: 2296
Merit: 1183


I, Quant


View Profile WWW
October 07, 2019, 06:48:26 PM

so $8254.3 in my chart was a high. it goes down a bit now. I should have closed the long. but to late.  Roll Eyes

EDIT: I'm not good in discretionary approaches really. I need simple rules which I can write into code and then let the machine trade and just observing and improving.
JayJuanGee
Legendary
*
Online Online

Activity: 2058
Merit: 2070


How much alt coin diversification is needed? 0%?


View Profile
October 07, 2019, 06:48:55 PM
Merited by makrospex (1)

How are these fucktards at Bitfinex not in jail yet when the entire planet knows?



Just because your search engine automatically fills in the same keywords that you have been typing in for the last 3+ years does not mean that there is any kind of significance behind such autofill.  

Are you retarded, roach? (that's a rhetorical question, so you don't really need to answer it)

I bet it's his search history.

duckduckgo doesnt store your search history

Look at you.  Party poop.

Injecting reality into our trolling of the troll.   Sad
theymos
Administrator
Legendary
*
Offline Offline

Activity: 3556
Merit: 6483


View Profile
October 07, 2019, 06:54:24 PM
Merited by mindrust (5), Dabs (1)

I hadn't been following this closely for a while, but the class action complaint against Tether/BitFinex makes things look pretty bad for them... How important are they to the current ecosystem at this point? How much has the risk of Finex+USDT going the way of MtGox already been priced in?

The complaint doesn't completely convince me that Finex was printing USDT to manipulate prices, though it's certainly possible. I've been skeptical of USDT's backing for a long time. If they weren't manipulating, then the whole matter looks like the US government stole their money and then turned around and said, "Now you're operating at fractional reserve, so you're fraudulent!"
d_eddie
Hero Member
*****
Offline Offline

Activity: 854
Merit: 740



View Profile
October 07, 2019, 06:54:58 PM
Merited by LFC_Bitcoin (2)

great! it sounds like a not so easy system for real pros. but what the hell do you mean with SOMA. I just asked before but probably you didn't read it.

Sorry Gyrsur, didn't notice. It's an inside game for WO-ers...

Straight Outta My Ass.

Meaning, I'm not that good at TA - mainly because I don't put a lot of faith in it.  I do have hunches, but they're wrong half of the time. So I plan for both scenarios. If I smell storms, I chicken out. When I think there's a decent chance to make a little profit one way or another, I put my big toe in the water. If it feels OK, I get knee deep. And so on. I never denied it does take a little work. What matters with me is that I can do it with a cool, detached head, without impulse "recovery" trades that would drag me in the abyss. Admittedly, cool comes easier once you manage to sit on a profit buffer AND you only stake all games with the same fixed amount, stashing away the excess into cold storage, with some sensible schedule you find works for you.
Gyrsur
Legendary
*
Offline Offline

Activity: 2296
Merit: 1183


I, Quant


View Profile WWW
October 07, 2019, 07:01:27 PM

I hadn't been following this closely for a while, but the class action complaint against Tether/BitFinex makes things look pretty bad for them... How important are they to the current ecosystem at this point? How much has the risk of Finex+USDT going the way of MtGox already been priced in?

The complaint doesn't completely convince me that Finex was printing USDT to manipulate prices, though it's certainly possible. I've been skeptical of USDT's backing for a long time. If they weren't manipulating, then the whole matter looks like the US government stole their money and then turned around and said, "Now you're operating at fractional reserve, so you're fraudulent!"

hmm. sounds creepy if true. so cheap coins for everyone  Huh
Gyrsur
Legendary
*
Offline Offline

Activity: 2296
Merit: 1183


I, Quant


View Profile WWW
October 07, 2019, 07:03:22 PM

great! it sounds like a not so easy system for real pros. but what the hell do you mean with SOMA. I just asked before but probably you didn't read it.

Sorry Gyrsur, didn't notice. It's an inside game for WO-ers...

Straight Outta My Ass.

Meaning, I'm not that good at TA - mainly because I don't put a lot of faith in it.  I do have hunches, but they're wrong half of the time. So I plan for both scenarios. If I smell storms, I chicken out. When I think there's a decent chance to make a little profit one way or another, I put my big toe in the water. If it feels OK, I get knee deep. And so on. I never denied it does take a little work. What matters with me is that I can do it with a cool, detached head, without impulse "recovery" trades that would drag me in the abyss. Admittedly, cool comes easier once you manage to sit on a profit buffer AND you only stake all games with the same fixed amount, stashing away the excess into cold storage, with some sensible schedule you find works for you.

thanks Eddie! and I'm unfortunately out of sMerit. you deserves some!
d_eddie
Hero Member
*****
Offline Offline

Activity: 854
Merit: 740



View Profile
October 07, 2019, 07:07:03 PM
Merited by Dabs (2), vapourminer (1)

so $8254.3 in my chart was a high. it goes down a bit now. I should have closed the long. but to late.  Roll Eyes

EDIT: I'm not good in discretionary approaches really. I need simple rules which I can write into code and then let the machine trade and just observing and improving.

Decisions such as these can't be coded into a bot. Or if they can, I have no clue. Or maybe I have a clue but just can't spill the beans for obvious reasons  Tongue

What you can do is program a bot to set up complex conditional orders - which can be a real help as long as your connection to the exchange is steady, which in turn isn't a safe assumption with all the verlakkerij that's going on.

A few examples of complex conditional order:

- if the long suffers more than 10% from here, cash out 20% of the short

- if she goes down >100$, increase the long a bit and tighten its stop loss by 15$ while cashing out the btc equivalent of 200$ from the short (maybe to finance the increased long and keep your staked margin in check)

- if after going down >150$ (but <300$), she heads back up, cancel these 3 orders I put there in case of disaster

LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1876
Merit: 2181


One of the world's leading Bitcoin-powered casinos


View Profile
October 07, 2019, 07:07:53 PM

thanks Eddie! and I'm unfortunately out of sMerit. you deserves some!

I got you!
makrospex
Full Member
***
Offline Offline

Activity: 564
Merit: 111



View Profile
October 07, 2019, 07:08:19 PM
Merited by Dabs (2)

Pump up the jam, pump it up
While you feet are stompin'
...

Salt'n Pepa!!!
Thanks for refreshing these memories Grin

Scraping around $8k again.


Salt n pepper no . It is Technotronic from Mic g's  home country Cool


Of course!
The beat is
the beat is
the beat is technotronic.

Sorry my poor mind, thanks anyway  Cool

Dabs
Staff
Legendary
*
Offline Offline

Activity: 2492
Merit: 1295


The Concierge of Crypto


View Profile WWW
October 07, 2019, 07:12:48 PM

I wander out of this thread for a little bit, then I get crucified. Back to Observing the Wall. Much nicer in here.
d_eddie
Hero Member
*****
Offline Offline

Activity: 854
Merit: 740



View Profile
October 07, 2019, 07:13:23 PM
Merited by Dabs (3)

thanks Eddie! and I'm unfortunately out of sMerit. you deserves some!

I got you!

Thanks to both Smiley

@Dabs, this feels like home doesn't it?
Gyrsur
Legendary
*
Offline Offline

Activity: 2296
Merit: 1183


I, Quant


View Profile WWW
October 07, 2019, 07:18:40 PM

so $8254.3 in my chart was a high. it goes down a bit now. I should have closed the long. but to late.  Roll Eyes

EDIT: I'm not good in discretionary approaches really. I need simple rules which I can write into code and then let the machine trade and just observing and improving.

Decisions such as these can't be coded into a bot. Or if they can, I have no clue. Or maybe I have a clue but just can't spill the beans for obvious reasons  Tongue

What you can do is program a bot to set up complex conditional orders - which can be a real help as long as your connection to the exchange is steady, which in turn isn't a safe assumption with all the verlakkerij that's going on.

A few examples of complex conditional order:

- if the long suffers more than 10% from here, cash out 20% of the short

- if she goes down >100$, increase the long a bit and tighten its stop loss by 15$ while cashing out the btc equivalent of 200$ from the short (maybe to finance the increased long and keep your staked margin in check)

- if after going down >150$ (but <300$), she heads back up, cancel these 3 orders I put there in case of disaster



yeah Eddie! this sound like a start on very complex framework as you mentioned it to fillippone. i really wondering that you're able to manage all the positions just with the help of your mind and without a computer. this is really a task for a machine. it can handle it without errors if well coded.
d_eddie
Hero Member
*****
Offline Offline

Activity: 854
Merit: 740



View Profile
October 07, 2019, 07:19:03 PM
Merited by Dabs (1)

so $8254.3 in my chart was a high. it goes down a bit now. I should have closed the long. but to late.  Roll Eyes

I don't know the numbers, and each one of us is different, but I'd keep the long open if the entry point is within the current range. With shorts I'm much more draconian. In the mean time, cash out part of the short! If you manage to make them equal you're net green and you can wrap it up if you feel unsure.

Gyrsur
Legendary
*
Offline Offline

Activity: 2296
Merit: 1183


I, Quant


View Profile WWW
October 07, 2019, 07:21:05 PM
Last edit: October 07, 2019, 07:33:56 PM by Gyrsur

thanks Eddie! and I'm unfortunately out of sMerit. you deserves some!

I got you!

thank you LFC!  Kiss #nohomo
micgoossens
Legendary
*
Offline Offline

Activity: 854
Merit: 2749


Taking it back a nodge, VEGETA where art thou !!!!


View Profile
October 07, 2019, 07:23:34 PM

Sad indeed, my 15k hat feels so uncomfortable... I feel like changing it at times but I'm afraid it will capitulate the price to new lows, so I'm taking one for the team.

 Thank you d_eddie!  We appreciate your hard work and dedication.  Stay focused.   Wink




Counts for both of you brothers Cheesy
d_eddie
Hero Member
*****
Offline Offline

Activity: 854
Merit: 740



View Profile
October 07, 2019, 07:24:03 PM

so $8254.3 in my chart was a high. it goes down a bit now. I should have closed the long. but to late.  Roll Eyes

EDIT: I'm not good in discretionary approaches really. I need simple rules which I can write into code and then let the machine trade and just observing and improving.

A few examples of complex conditional order:

- if the long suffers more than 10% from here, cash out 20% of the short

-snip-

yeah Eddie! this sound like a start on very complex framework as you mentioned it to fillippone. i really wondering that you're able to manage all the positions just with the help of your mind and without a computer. this is really a task for a machine. it can handle it without errors if well coded.

I was actually just making it up. These are the thought processes I follow while I trade double positions, but it sounds harder than it is, and I can't actually manage do do it all in reality. This is a hobby, I have a life. It's all very SOMA. I use no bot yet. I make do with a simple calculator and an excel sheet for more complicated calculations: averages (trickier than it seems with inverse derivatives) and projections ("what if she goes up $300?" "what if she plummets $400?")
Gyrsur
Legendary
*
Offline Offline

Activity: 2296
Merit: 1183


I, Quant


View Profile WWW
October 07, 2019, 07:24:15 PM
Last edit: October 07, 2019, 07:34:16 PM by Gyrsur

so $8254.3 in my chart was a high. it goes down a bit now. I should have closed the long. but to late.  Roll Eyes

I don't know the numbers, and each one of us is different, but I'd keep the long open if the entry point is within the current range. With shorts I'm much more draconian. In the mean time, cash out part of the short! If you manage to make them equal you're net green and you can wrap it up if you feel unsure.



thanks Eddie. I have to quit now. so much time spend today again with WO sisters and brothers!  Grin #nohomo
Dabs
Staff
Legendary
*
Offline Offline

Activity: 2492
Merit: 1295


The Concierge of Crypto


View Profile WWW
October 07, 2019, 07:24:41 PM
Last edit: October 07, 2019, 07:37:39 PM by Dabs
Merited by marcus_of_augustus (49), vapourminer (1)

@Dabs, this feels like home doesn't it?

For a good ... almost entire year (maybe even 2 or 3) ... this is where I lurk and post, while doing other stuff in other threads unrelated and just minding my own business ... whatever sig I have doesn't even count in this particular thread ... then try to do one small act of kindness to some random newbie who probably has no clue what a merit is and people think I'm abusing merit.
Pages: « 1 ... 25136 25137 25138 25139 25140 25141 25142 25143 25144 25145 25146 25147 25148 25149 25150 25151 25152 25153 25154 25155 25156 25157 25158 25159 25160 25161 25162 25163 25164 25165 25166 25167 25168 25169 25170 25171 25172 25173 25174 25175 25176 25177 25178 25179 25180 25181 25182 25183 25184 25185 [25186] 25187 25188 25189 25190 25191 25192 25193 25194 25195 25196 25197 25198 25199 25200 25201 25202 25203 25204 25205 25206 25207 25208 25209 25210 25211 25212 25213 25214 25215 25216 25217 25218 25219 25220 25221 25222 25223 25224 25225 25226 25227 25228 25229 25230 25231 25232 25233 25234 25235 25236 ... 25292 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!