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Author Topic: Bitmex/Derebit Tips - How to not lose your house and maybe even make some money  (Read 2621 times)
allmeat27 (OP)
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December 30, 2018, 06:25:12 AM
 #161

Didn't quite get 3650. Bummed. Might look for 3700 now cause I missed it.
allmeat27 (OP)
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December 31, 2018, 06:04:42 PM
 #162

Taken a bit too long to hit 3700. Might move it lower. Possibly looking for 3620 now.
allmeat27 (OP)
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January 02, 2019, 12:48:25 AM
 #163

I'm really liking Deribit so far. Not having system overloaded problems completely changed my trading strategy for the better.
allmeat27 (OP)
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January 05, 2019, 08:57:35 PM
 #164

Too hungover to trade last couple days! I'm shorting 3900 here if it gets there. Would love for it to drop out of the sky to 3200 and start the new bull run.
allmeat27 (OP)
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January 07, 2019, 06:12:24 AM
 #165

Ouch. Nutty candle. I'm stuck at an average of 3980 but I'm EXTREMELY nervous for Bitfinex maintenance in 4 hours. Not sure what I'm going to do yet. Would love to close this ASAP.
allmeat27 (OP)
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January 18, 2019, 05:49:12 AM
 #166

Forgot to post but so much for being stuck at 3980! Great profit. I'm looking at 3550 then up right now.
allmeat27 (OP)
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January 19, 2019, 06:03:35 AM
 #167

Didn't get 3550. Honestly this is scary. Everything is tightening up. I'm playing small scalps with tight stop losses. Might go big long at 3500 but who knows.
adaseb
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January 19, 2019, 06:27:40 AM
 #168

Didn't get 3550. Honestly this is scary. Everything is tightening up. I'm playing small scalps with tight stop losses. Might go big long at 3500 but who knows.

Don't know if you frequent the Bitmex trollbox but with the 98% of bears that post on there it leads me to believe that we are in an inverted head and shoulders and the $3550 or the $3500 area might hold and we might go higher.

I dont think we will see ATH anytime soon but I bet there is tons of shorts from the $6K break or even the $5500 break and the market probably wants to wick them out and cause a short squeeze while trapping longs in the process.
JohnBitCo
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January 19, 2019, 08:05:27 AM
 #169

Didn't get 3550. Honestly this is scary. Everything is tightening up. I'm playing small scalps with tight stop losses. Might go big long at 3500 but who knows.

Bitcoin can go either way at this point so it is very risky to trade on Bitmex now. Even if you trade, make sure that you do not use large leverage and try to play with stoploss so that in case of unexpected movement of bitcoin, you are not liquidated.
allmeat27 (OP)
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January 24, 2019, 06:18:24 AM
 #170

Serious no trade zone. Going small scalps with tight stop losses because anything could happen here.
richcorner100
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January 24, 2019, 09:30:28 AM
 #171

I was try margin on Bitmex platform by use 5x leverage but iam not lucky in 3 first open potition my open order touched stop loss, and since that iam decided to quit from that. For beginner trader is better try it with leverage lower than 5x to reduce risk of margin trading, is better make small profit but consistent.

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allmeat27 (OP)
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January 26, 2019, 06:29:27 AM
 #172

Pretty nuts how much this is tightening. I'm terrified of a $300 candle, but tempted to short 3650
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