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Author Topic: My Trading/Gambling Journal  (Read 713 times)
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cryptotrade78u (OP)
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February 05, 2020, 12:22:50 PM
 #41

Attempt - 4

Winnings in row - 0
Profit/Loss so far -0.123885 BTC

Potential loss in this trade -0.0258

Got in at 9457 as a short position

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cryptotrade78u (OP)
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February 14, 2020, 02:44:22 PM
 #42

Liqudated.

I think the only way to beat the market is by increasing the stakes.

Double deposits from next bet.

If anyone's' waiting for more action, i am sorry... work and family has been taking toll and its hard to login to bitmex from some countries i keep travelling to. I have had that happen to me twice where i accidentally login to bitmex from a country and then i get 7 days notice to withdraw everything, obviously i didn't withdraw all of the BTCs and then its a long battle to get your money back, i did get it back but i don't want to deal with that again, even for a small amount.
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February 14, 2020, 04:49:26 PM
 #43

I nice thread to check every now and then,
This is really interesting I think it is a great idea to have a journal about our trades,
To see what we achieve and learn from our mistakes this could be helpful for everyone.

cryptotrade78u (OP)
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February 24, 2020, 10:47:37 AM
Merited by exstasie (1)
 #44

Deposited $1000 (0.10282)



Total Deposits so far is 0.288325 BTC
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February 24, 2020, 03:16:46 PM
 #45

Deposited $1000 (0.10282)



Total Deposits so far is 0.288325 BTC
Having a journal in you trading or gambling, I think is one of of the good to read because your experience is in there even its good or bad,  but still the most important of reading your journal is what the contained inside like the moment about how you become succeed that you wrote in your journey, especially with matters of current interest.

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cryptotrade78u (OP)
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March 01, 2020, 03:56:33 PM
 #46

Going in Long if price Drops to $8500 on Bitmex

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March 01, 2020, 04:36:55 PM
 #47

Attempt - 5

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March 01, 2020, 09:56:20 PM
 #48

Attempt - 5


I always thinking if im going to make a journal because I want to know if having a journal is can help us to have a good path in gambling and help us to explore gambling without become addicted to it. And I think Having a journal remind us to not too much involving to gambilng or trading and help us to lessen encounter a loses.

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cryptotrade78u (OP)
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March 02, 2020, 10:22:42 AM
 #49

Fucking finally, closed position @ 8700

Final Balance in account is 0.1809 BTC
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March 03, 2020, 02:50:24 AM
 #50

Liqudated.

I think the only way to beat the market is by increasing the stakes.

Double deposits from next bet.

Double the next bet is not a good idea, If you have a large amount of capital compared to the amount you are trading it is not a problem, but for those who have less capital, increase the volume of transactions is a risky option that can make them bankrupt quickly.

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March 03, 2020, 04:02:37 AM
 #51

Liqudated.

I think the only way to beat the market is by increasing the stakes.

Double deposits from next bet.

Double the next bet is not a good idea, If you have a large amount of capital compared to the amount you are trading it is not a problem, but for those who have less capital, increase the volume of transactions is a risky option that can make them bankrupt quickly.

It could be a good idea but if you are in a losing streak double the bet is the way to fall in big debts.

I'm not sure what's OP doing, but those images show some big lost until the last one. I hope cryptotrade78u make some serious money with this

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cryptotrade78u (OP)
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March 12, 2020, 03:53:00 PM
 #52

Liqudated.

I think the only way to beat the market is by increasing the stakes.

Double deposits from next bet.

Double the next bet is not a good idea, If you have a large amount of capital compared to the amount you are trading it is not a problem, but for those who have less capital, increase the volume of transactions is a risky option that can make them bankrupt quickly.

you are right, it is terrible idea and you can only win small and lose big

But these are amounts i am happy to take loss without even wondering where it went.

If it gets too big, i will stop obviously
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May 19, 2020, 09:38:13 AM
 #53

what a beautiful day today, BTC has been rejected at $9900 - $10,000 level for 3 times now in last 4 days.... Currently at $9800 so an obvious short position.

Going to put it all on short and lets see how it goes, hopefully it doesn't drop much before i make the trade.
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May 19, 2020, 09:51:29 AM
 #54

Attempt - 5

Winnings in row - 1

Profit/Loss so far -0.123885 BTC

Potential loss in this trade 0.1809

Got in at 9785 short position

Liqudation @ $10002
Take profit @ $9560

Roughly $215 in both directions.

Good luck


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May 19, 2020, 09:55:40 AM
 #55

Interesting and sobering thread. May I ask how do you make your predictions? Is it pure price action?
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May 19, 2020, 10:02:10 AM
 #56

Interesting and sobering thread. May I ask how do you make your predictions? Is it pure price action?

Right now when its small money, its totally gambling... If we get to higher amount, i will look at naked trading (just support and resistant).

if i get to over 2 btc or something, i might spend time learning trading, right now its not worth it.

If i keep losing, i think my stop loss is around 1 btc every couple of months. In our monthly budget, we call it Gambling expense.
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May 19, 2020, 10:02:44 AM
 #57

Look at this Resistant at 10k in last couple of days, we have to be super unlucky to loose this one...

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May 19, 2020, 02:30:28 PM
 #58

BOOM!!!

Balance is now 0.3349 BTC

Total Deposits so far is - 0.2884 BTC

Net Profit - 0.0465 BTC



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February 01, 2021, 10:38:49 AM
 #59

Bitmex is now requiring KYC to withdraw funds. Might have to keep gambling and do KYC only if it becomes significant enough to withdraw. If we are losing it all, why even bother with KYC?
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February 20, 2021, 05:24:16 AM
 #60

And what is your leverage, I see it is more than x20? Or I'm wrong? If it is higher than x20, then this is a very risky leverage, because the liquidation price is very high, taking into account the volatility of the market, I would advise a maximum of x10, or less. anything above is a very risky trade.
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