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Author Topic: Bitmex/Derebit for noobs - Leveraged Trading. Longs and Shorts!  (Read 2823 times)
GalaxyWorld
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July 11, 2018, 10:07:50 PM
 #41

I have 2 months already working on this exchange and first lost a lot in liquidation. But it taught me a lot and now I take the shoulder maximum X10 and put a stop loss! Is there someone here who does day trading on this exchange? Are you good?
Investing with big leverage is not really for newbies and you need a lot of skill to succeed in that form. I have also invested in Bitmex with leverage over x10 and the results are quite good but recently when the market was volatile I was no longer involved in this form of investment.

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allmeat27 (OP)
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July 13, 2018, 04:49:34 AM
 #42

Got pretty lucky and managed to profit on the quick downswing and then flipped to a long and caught this up swing. Super good day today. I think we'll see a retest of 6200 then back up for a bit, maybe 6.5 or something. We'll see how it goes, but definitely leaning long after a small retrace.
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July 13, 2018, 07:39:19 AM
 #43

it seems this platform is perfect for trading who want to learn to become a reliable trader and expert. you should do the trading with a little capital first to be able to train your rescience after it is felt very easy to be able to gain profits then can increase your trading capital.



BIG WINNER!
[15.00000000 BTC]


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allmeat27 (OP)
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July 14, 2018, 02:55:20 AM
 #44

Another great day today. Find the resistance points and play between them. Still think a 6.5k retest is coming.
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July 14, 2018, 08:07:34 AM
 #45

Yes, I think now the price will rise to 6500, then again down to 5800. It's great to make both ways!
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July 15, 2018, 04:54:40 PM
 #46

Retest of 6.3k then the run to 6.5k I think.
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July 17, 2018, 01:43:10 AM
 #47

Stuck in a 6500 short but fairly sure it's going to retrace at some point.
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July 18, 2018, 05:33:54 AM
 #48

Welp I got mega boned on today's pump as I was still in the short. Unfortunate, but it happens. Lost about a week of earnings, time to get back to it. Shorting from 7500 here.
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July 18, 2018, 09:11:48 PM
 #49

Beautiful day with all the swings. 7300 is a bit of no trade for me, might see what direction it goes.
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July 19, 2018, 11:35:25 PM
 #50

Another good day. Basically my strategy the last two days has been to find good entry points and then set smaller orders up to $100 passed that point. Even when I miss the entry really bad, it's eventually retracing way passed each one and I've done pretty well. Will likely get caught in one one of these times, but hoping this continues for sure!
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July 20, 2018, 06:39:46 PM
 #51

Longing 7200 here I think.
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July 21, 2018, 05:46:24 AM
 #52

Another good day. Basically my strategy the last two days has been to find good entry points and then set smaller orders up to $100 passed that point. Even when I miss the entry really bad, it's eventually retracing way passed each one and I've done pretty well. Will likely get caught in one one of these times, but hoping this continues for sure!

Still following this strategy. I think the next move will be 7.8k, but plenty of money to be made before that.
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July 22, 2018, 06:13:56 AM
 #53

7.6k might be the next stop. 7.8k looking somewhat doubtful.
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July 23, 2018, 01:01:07 AM
 #54

Close enough to 7.6k I think thats it. Maybe 7.5k again then 7200 as a retrace.
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July 23, 2018, 03:28:00 PM
 #55

Good 7800 rejection. Next stop is 7.5k or 7.2k I think.
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July 23, 2018, 03:33:41 PM
 #56

I have 2 months already working on this exchange and first lost a lot in liquidation. But it taught me a lot and now I take the shoulder maximum X10 and put a stop loss! Is there someone here who does day trading on this exchange? Are you good?
Investing with big leverage is not really for newbies and you need a lot of skill to succeed in that form. I have also invested in Bitmex with leverage over x10 and the results are quite good but recently when the market was volatile I was no longer involved in this form of investment.
I agree to this one for you to succeed on margin trading here in crypto world you have to a lot of knowledge in trading and all about cryptocurrency because if you are lack of knowledge and try your luck their for sure you money will be loss easily once you get leverage in your trade there. DYOR always and for sure all of us here will know what we are saying.
allmeat27 (OP)
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July 24, 2018, 04:17:40 AM
 #57

This continue test of 7.8k is scaring me a bit. 2h, 4h, and daily are all curving down, we'll see how high it goes.
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July 25, 2018, 02:08:00 AM
 #58

Whew was I wrong! No trade zone right now. I'm thinking maybe 8.4k then down, but who knows at this point.
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July 26, 2018, 05:28:04 AM
 #59

Thinking an 8050/8k bounce to maybe 8.3 again.
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July 27, 2018, 06:48:16 PM
 #60

Had longed 8k and was sweating bullets as I DCA'd down to 7.8k. Definitely paying off now. Seeing 8.3kish as the next target here after a small retrace.
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