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Author Topic: Bitmex/Deribit for noobs - Leveraged Trading. Longs and Shorts!  (Read 2695 times)
allmeat27 (OP)
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July 29, 2018, 02:47:50 AM
 #61

Expecting 8300/8350 then a retrace down to 8k. Everything is mega overbought right now.
allmeat27 (OP)
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July 29, 2018, 04:26:28 PM
 #62

8.1 got rejected pretty hard. Playing scalps for now, not sure of the next big move.
allmeat27 (OP)
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July 30, 2018, 04:15:13 AM
 #63

Some great scalps. Think next move is up, but continuing to scalp
adaseb
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July 30, 2018, 05:21:01 AM
 #64

Whats crazy is how fast the Sept and Dec futures have a huge premium from the flat price they had a few weeks back.

A few days ago the premium was only $50 and that's when the funding fee started being higher than > 0.05% and now on the Dec futures its over $100.

Basically alot of people want to long BTC but don't want to pay the funding fee for longing the perps so they long the futures however they are paying a huge premium.

IF the market shifts it can get pretty ugly very fast.

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allmeat27 (OP)
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July 30, 2018, 08:49:08 PM
 #65

DCA'd down my 8100 long and made some nice profit. Thinking of relonging at 8050.
allmeat27 (OP)
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July 31, 2018, 05:40:25 PM
 #66

Lucky for me I followed my rule of don't trade at night and didn't relong 8050! Now long at 7700.
allmeat27 (OP)
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August 01, 2018, 05:21:03 AM
 #67

DCA'ing this long down every $100 or so. Might take profit at 7700 just to get out of it, but this really should go up.
allmeat27 (OP)
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August 01, 2018, 03:46:33 PM
 #68

Took profit at 7650. Currently a no trade zone for me, not sure what will happen. The retrace up should have been bigger than this.
adaseb
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August 02, 2018, 06:09:00 AM
 #69

Its crazy nuts how the Sept and the Dec Premiums just disappeared.

The Sept premium now is at $20 from over $150.

The Dec premium is now at $90 from over $220 or so.

The funding wasn't bad this round, basically 1.3% funding rate if you started on July 25th or so.

A far cry from the 1% daily funding rates we got a few times in the past however.

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allmeat27 (OP)
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August 02, 2018, 03:01:13 PM
 #70

Relonged 7500 here.
allmeat27 (OP)
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August 03, 2018, 07:23:20 PM
 #71

DCA'd down and just took profit at 7500. Worked pretty well. Relonging 7350 here.
neocryptrix
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August 03, 2018, 08:48:53 PM
 #72

I have a question and am hoping someone can help me. I am interested in depositing a small amount of BTC to Bitmex to begin leveraged trading. When i first tried to log on I received a message that they don't allow American IP addresses. So my question is, what if I use a VPN? Anyone done that before?

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allmeat27 (OP)
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August 04, 2018, 02:40:26 AM
 #73

I have a question and am hoping someone can help me. I am interested in depositing a small amount of BTC to Bitmex to begin leveraged trading. When i first tried to log on I received a message that they don't allow American IP addresses. So my question is, what if I use a VPN? Anyone done that before?

My first post on this thread covers this exact issue.
paijo90
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August 04, 2018, 02:43:53 AM
 #74

easy records for some rookies who wishes to devise to do margin buying and selling with bitmex. however some piece of advice, continually do 10x leverage especially when you are new to this area. or even if you are properly experienced, 10x leverage is more secure and save you huge loss.
allmeat27 (OP)
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August 04, 2018, 08:59:15 PM
 #75

Missed my short... oh wellll

Longing 6950
allmeat27 (OP)
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August 05, 2018, 06:08:54 PM
 #76

No trade zone for now. I think 7050 then down, but not confident at all.
allmeat27 (OP)
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August 06, 2018, 02:57:50 PM
 #77

Longed 6900
allmeat27 (OP)
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August 07, 2018, 02:31:36 AM
 #78

Pretty good scalps today. Shorted 6965 and now long at 6905 again.
allmeat27 (OP)
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August 07, 2018, 07:39:55 PM
 #79

Great long. Took profit at 7100 and relonged again at 7060
allmeat27 (OP)
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August 08, 2018, 03:39:17 AM
 #80

Well that long sucked. Lost a good chunk there. Long at 6525 now.
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