Bitmex/Derebit Tips - How to not lose your house and maybe even make some money

[maninas]

thanks for giving tips for trade in bitmex, before i've ever wanted to try bitmex but because of my lack of knowledge confused start from where and after reading your post I have found out how to start trarding in bitmex
thx bro

[Vegan97]

Never ever use more than 25x leverage. 10x is best, and 25x if you know what you're doing

[Smack That Ace]

Thankyou

Really a good read before using bitmex

Duke

[allmeat27]

Longing 7200 here I think.

[allmeat27]

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.

[allmeat27]

7.6k might be the next stop. 7.8k looking somewhat doubtful.

[allmeat27]

Said this in my other thread and I was super wrong! Really don't think it should go any further up without some foul play! We'll see I guess!

"Close enough to 7.6k I think thats it. Maybe 7.5k again then 7200 as a retrace."

[JohnnyBobby]

If we break 8k this month,I'd be surprised, hopeful it will happen.

[allmeat27]

Good 7800 rejection. Next stop is 7.5k or 7.2k I think.

[allmeat27]

Whew was I wrong! No trade zone right now. I'm thinking maybe 8.4k then down, but who knows at this point.

[allmeat27]

Thinking an 8050/8k bounce to maybe 8.3 again.

[allmeat27]

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.

[cyberlilith]

Thanks for the tips. I lost a lot on bitmex when i was new to it, around 10btc.

All good now, i recovered what i lost though it takes a lot of time.

[allmeat27]

Expecting 8300/8350 then a retrace down to 8k. Everything is mega overbought right now.

[Haoque89]

BitMEX is a trading platform that helps you earn fast and secure profits
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[allmeat27]

8.1 got rejected pretty hard. Playing scalps for now, not sure of the next big move.

[allmeat27]

Some great scalps. Think next move is up, but continuing to scalp.

[allmeat27]

Longed 8100. Holding until 8250ish maybe.

[allmeat27]

DCA'd down my 8100 long and made some nice profit. Thinking of relonging at 8050.

[allmeat27]

Lucky for me I followed my rule of don't trade at night and didn't relong 8050! Now long at 7700.