margin trades explained

[mercedes321]

hello, ill start to post my future margin trades here,...either wrong or right
yesterday it was a sharp decline so i
bought Neo/usd
at 127.15
SL 118.5
TP 136.6
aprox: 170
Ill add 50 more at 128 or 119 if we go there.

[1714907598]

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[1714907598]

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[1714907598]

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[1714907598]

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[doedz]

How do you do that?
I was never even interested in doing so. If it is profitable I will learn it.

[ChickenDuck]

hello, ill start to post my future margin trades here,...either wrong or right
yesterday it was a sharp decline so i
bought Neo/usd
at 127.15
SL 118.5
TP 136.6
aprox: 170
Ill add 50 more at 128 or 119 if we go there.

What is your status now? You bought more with lower price?

[bob3772]

hello, ill start to post my future margin trades here,...either wrong or right
yesterday it was a sharp decline so i
bought Neo/usd
at 127.15
SL 118.5
TP 136.6
aprox: 170
Ill add 50 more at 128 or 119 if we go there.

Looks like you hit your stoploss, is that correct? Unfortunate if so because price only marginally dipped below it. It's just a personal opinion but I feel like your stoploss was too close to buy price, I tend to give about double the room to my stop-loss as I do to my target price.

[qiman]

I have never gotten in to margin trading because I am not sure if I would be adept at it or not. I would like to know do you margin trade mainly coins that have high liquidity am I correct? Also what advice would you give someone entering into this kind of trading and what would be the minimum capital required do you think? I think to margin trade one must have a large bag of resources. I do not think it can be done on a show string budget or am I mistaken at my assumption on this point? 

[cindygirl]

I have never gotten in to margin trading because I am not sure if I would be adept at it or not. I would like to know do you margin trade mainly coins that have high liquidity am I correct? Also what advice would you give someone entering into this kind of trading and what would be the minimum capital required do you think? I think to margin trade one must have a large bag of resources. I do not think it can be done on a show string budget or am I mistaken at my assumption on this point? 

I'm by no means an expert but here's my take on it.

Higher liquidity is definitely better because you can get your orders filled far more often.

It's actually easier with small capital because your orders will get filled in the natural volatility of the market and you won't move them. With large orders they're less likely to get filled as you'll constantly be over/undercut by smaller orders.

[Bezobraznike]

hello, ill start to post my future margin trades here,...either wrong or right
yesterday it was a sharp decline so i
bought Neo/usd
at 127.15
SL 118.5
TP 136.6
aprox: 170
Ill add 50 more at 128 or 119 if we go there.

Looks like you hit your stoploss, is that correct? Unfortunate if so because price only marginally dipped below it. It's just a personal opinion but I feel like your stoploss was too close to buy price, I tend to give about double the room to my stop-loss as I do to my target price.

   NEO is at $118.85! As I understand he will strengthen his position at lower
marks with buying more. That is better strategy then exiting. With crypt-currenices,
solid ones, it is not smart to exit after trade. Keep it and all times high will come.
   I understand margin trading is different! I am just saying that I would not apply
stop-loss strategy with solid coins. That is good to with untested alt-coins, and ICO`s.
   Bitcoin, alt-coins, and tokens that have more potential worth to keep, and to be able
to strengthen position if you are financially capable for that. After that wait!

[mercedes321]

Stop loss was HIT, not once but twice , but never as a whole, bcs you must then cover USD with coins, which are cheap!
i added like i said 50 more
now with an average of 126.8, SL 114.2
and i bought 1 BIT at 10535, SL 10235, TP 12500
pls note i trade larger charts, so i dont mind 2-3K floating
i was in neo at 70s, at 112, and i close with BIG profits at 137 region, ofcourse i lost a lot when i was catching bottoms as well.

[mercedes321]

I have never gotten in to margin trading because I am not sure if I would be adept at it or not. I would like to know do you margin trade mainly coins that have high liquidity am I correct? Also what advice would you give someone entering into this kind of trading and what would be the minimum capital required do you think? I think to margin trade one must have a large bag of resources. I do not think it can be done on a show string budget or am I mistaken at my assumption on this point? 

i am afrai of flash crashes, when ur stop loss is not HIT, but the liqudation level, thats what i am afraid of ONLY so i will slowly move to BIT only for this reason, but its so hard to stop, its so adictive. i would advice u to have coins 90% in your wallet, and trade with only 10% and if u really think it will turn in your favour to add to position. I now think that weekly chart will outperform the lower ones, and ofcourse i might be wrong, so the 10K level at bit for longs if it doesnt hold, get the hell out.

[mercedes321]

SL at BTC/usd HIt as well, so i had to reenter and improved SL + i bought some more neos
now its like this:
300 neo at 124.28
SL: 112 region, will move up after we break 128
1TP 136 30%
2TP 142 30%
maybe also TP3 132-134 30%

0.85 BTC at 10.662
TP: 12500
SL 10150 will move up after we break 11K

[cindygirl]

Not having much luck right now it seems, good on you for still updating even when things aren't going as planned. The only really way to have done well in the last days would have been to sold out and now re-bought or still be waiting to re-buy. Think that BTC should find some stronger resistance than it did at 10k around 9.5k, that's if it even dips that low.

[mercedes321]

yeap, correct, but i did sold at 137 all my margins and at 11200 also 3 bits, but i didnt short which would be the best
curently BIT and light loss floating 1.3K, positions 99% stoped
NEOs, average price 121,22 422 units, SL 108-109
will not move stop, if its hit its hit, bit might go all the way to 9K, the only thing that keeps me in position is that weekends are usually in positive teritory, but it might happen this week wont be.,
if its hit ill loose 7K-8K

[mercedes321]

SL was hit, so i reenter again at neo when i saw the BIT will turnarround at 9666.
i also longed LTC at 191, and closed it at 204, profit 0.7K.
i averaged up the neo, and the bit,
like i said i am afraid of flash crashes more then that my sl is hit, i checked the market depth and i set below the 5K buy, which was aperantly removed either by broker or tralala, but to trade without A SL, is not something ill do.

[cindygirl]

There's been a lot of support firstly at 10k (which did fall) but then again in the mid to high 9000s. It seems that the price might be turning around now which would be a good bottom to have found. If we are above 10k for the rest of the day then I think we'll see 12k fall next week.

[mercedes321]

i agree, there was one push down an hour ago, but it didnt reach level 10K, and at the same time i was listening to the guy in youtube about the 6K that was poped by my computer + the little sellof...crazy and i closed some of my neo longs ehhh...So i then reenter the LTC at 205.4, TP 216, SL 201 45 units. the other 2 the bit and the neo ill just hold (i feel confortable as long as the 10K holds), losses not realized , if we go up, they might end at profit after all, i hold also non margin neos, and ill need to liqudate that as weell half of it, when/if  we reach some more +++ i hope at 166-176 level  , i thought market will quicker recover, but the bears and weak hands still want the evryday profit etc etc... so thats the only thing it doesnt just go one way ...LOL

[mercedes321]

longed LTC average 199 area, tried 2 times with locked profit, SL hit 2x,
1 time i get rid of and now that the parabolic sar at BIT on dailly was hit, and that the 9366 was nicely rejected i bought back..so
70 units
SL 193 level
TP1 206
TP2 209
lets see

[cindygirl]

Didn't check in for a few days after a busy weekend. Sad to see that 10k didn't hold but there's still a lot of support. Some speculating a recovery might be sparked on the conclusions of all Chinese new year events today. Nice work on the LTC buy, seems like the first one that really worked out. I think that NEO won't be an issue, long term the project has so much potential and if the Chinese speculation thing is true it will likely be one of the biggest gainers.

[mercedes321]

not really the first one, i made 6 swings in LTC, all ended in profit, but this is so stresfful, in, out, buy, sell etc..
new trade:
LTC at 214.46
size: 75
SL: 212
TP 222-228
this level is critical, 9366 will be defended hard.

[sparg]

This king of trading is a very riskfull type and requires a lot of liquidity.
I dont think is a good choice for this period when the market is at a dip because you might miss the rise.
I did this kind of trading but with a small amount of fiat and by the end i`ve lost almost 80% of my money.

[mercedes321]

well i closed 90% and relonged 67 units, SL moved to 223.99, TP 236.66,
Ofcourse its risky, but it might be a valid breakout bcs 9666 at BIT might now act as support.
There are many ppls in trading view that knows how to teach , but why in hell would i wait 12.5K level to be breaken before i enter trades, now is cheap, then it wont be. and in the meantime, i could Swing the LIGHT 20 timesx500 usd= 10K

[mercedes321]

dumped 200 neos at 133, still holding 70 units not with good avergae price, will get buy back after we break 133 , how funny that is
but i longed the bit, will add after we break the 10K, average price is 10.3K,  looking good for bulls, but illsave the guns after the breakout and a retest.

[Leonard2016]

I never did margin trading and i'm not interested , i think it is too risky , somehow like gambling!

[mercedes321]

its kinda gambling, and the fees are preety high. anyway Longed 3 BITS, entry 10633, SL 10600, TP 13666.
lets say its hit, ill loose 150 usd, if its not ill add, and add untill we reach 13666. if its hit, ill take a break.

[allohha]

dumped 200 neos at 133, still holding 70 units not with good avergae price, will get buy back after we break 133 , how funny that is
but i longed the bit, will add after we break the 10K, average price is 10.3K,  looking good for bulls, but illsave the guns after the breakout and a retest.

why then risk, if the prospect in the future may not be. I would rather pay attention to more promising opportunities. At least he would have left the risk of losing his investment.

[mercedes321]

its true, dont take the trade, noone is telling u to do,... also investing is gamlbing, not so intensive, its more relaxed. and i agree we should treat margin as such in that way, lets try the relaxed ones...lol

some good links:
https://dailypriceaction.com/articles/is-forex-trading-gambling
https://www.investopedia.com/articles/active-trading/013015/worst-mistakes-beginner-traders-make.asp
https://www.investopedia.com/articles/active-trading/053115/how-learn-your-trading-mistakes.asp
http://uk.businessinsider.com/flash-crash-on-bitfinex-leaves-crypto-traders-angry-2017-12

...

[JaredStein]

Margin trading is risky and you shouldn't trade marginally with over %20 of your money. I lost a lot of money with margin trading, money I could have invested in bitcoin and it would become a lot more. I don't even want to think about how much I could have had if I never traded on margin.


I learned my lesson though. Especially be careful with shorting.

[mercedes321]

its even more risky if you are longing, and flash crashes happens. they happen more offen on the downside, and bitf. doesnt recover them. So lets try to play it safe if thats possible at all.

[ksiazek7]

I assume you would do this on any exchange with high volume?  It seems like something that would work really well with coss.io if it starts to get enough trading volume with it's fee structure going down based on your trade volume.

[wumBowo]

i curious if you guys already set your STOPLOSS , do you guys indeed sell your coins ? or waiting for some dip (create a new STOPLOSS)

[mercedes321]

i am out of margin, market undecided, i know its acumulating for a bigger move, but i need a break., did cash out some 15K, only non margin,...buying.

[mercedes321]

I assume you would do this on any exchange with high volume?  It seems like something that would work really well with coss.io if it starts to get enough trading volume with it's fee structure going down based on your trade volume.

no soory, it doesnt have/usd pairs, if to play against btc then its polo quite ok.. ...it would be way to nice if binance or polo could offer margin for /usd pairs., then we could really see year 2018 better then 2017...in terms of total market cap...LOL

[mercedes321]

lets do like a pros. I am not good at binance, it moves too fast, so in 99% i loose money, only 1 time i multiple it x7 with the ARN, and since then i am loosing there, so thos who think that at binance u cant loose u are wrong, evrywhere u can loose and win its all one big peculative buble.
so i took one more trade on margin.
Bought NEO/usd at 127
SL: 122
TP: 146
risk if SL hit: 1%
risk if liqudation level HIT: 10%

[mercedes321]

when i saw that video, i make a such a good laugh, so i move the SL to 114

https://www.youtube.com/watch?v=DxAguzN5OJQ

[mercedes321]

added at 117.50
SL: 105, will be moved up, after a clear break and retest of 120.
TP: 133-136, might be moved up.
risk: 4%
risk2: 15%

[capoeira]

crypto is allready volatil. you shouldn't use margin to trade amounts you couldn't trade without it. it's usefull in order to leave less money on the exchange

[mercedes321]

well i tell you honestly i sold half of my portfolio at 133 NEO to Fiat, so i wont go to the bank to lend me some cash, its more cheaper if i lend it at brokers,...same thing but cheaper. P.

[capoeira]

well i tell you honestly i sold half of my portfolio at 133 NEO to Fiat, so i wont go to the bank to lend me some cash, its more cheaper if i lend it at brokers,...same thing but cheaper. P.

I was writing more generaly. Since you seam to risk 1-4% of trading capital at stoploss, you actualy know what you are doing

[mercedes321]

agree, this is really a small trade, no worriers if it goes to 107...

[mercedes321]

added a little more at 111.5
SL 105
risk: 6%
TP129-135

i also put several buy stops untill 119
Now its up to the market to do what ever will do

[gahsh]

Margin trading is risky and you shouldn't trade marginally with over %20 of your money. I lost a lot of money with margin trading, money I could have invested in bitcoin and it would become a lot more. I don't even want to think about how much I could have had if I never traded on margin.


I learned my lesson though. Especially be careful with shorting.

sometimes people like to play margin because maybe they have the capital to trade small, but with him playing the margin he can increase their capital so increase, maybe for traders who do not know the risk they will be happy because he got a big profit But they will regret it because of the price decline, and even they will lose all the assets they have.

[Rascar Capac]

Where's the explanation lol? Margin trading is quite complex and is not just an example. There's a lot of documentation on the internet on it. This is something that can be very dangerous and can make you lose a lot, especially in the crypto market. So try your experiments with very small sums before investing more.