Gewures disclosed position

[gewure]

sold some 31 pseudo coins

BTCUSD   80.0   $5.7276   $14.44   3.152%

CURRENCY ACCOUNT
USD                           $8.78625
BTC                           ฿24.61719714

TRADING ACCOUNT
Margin Balance          $154.23
Tradable Balance          $1,228.50
Leverage                  10.0 : 1
Unrealized P/L          $14.44
Net Value?                  $168.67
Maintenance?          $18.33

[gewure]

nothing changed, exept that my unrealized winning turned into a unrealized loss.

BTCUSD   80.0   $5.7276   -$12.15   -2.651%

[EDIT]
Calculated Zhoutonging-Price:

4.141089

[gewure]

i'm green again

BTCUSD   80.0   $5.7276   $5.46   1.191%

[gewure]

OMG I SOLD

SELL SELL SELL SELL SEL!!

..2 coins 

BTCUSD   78.0   $5.7228   $15.18   3.401%

[deepceleron]

Money management is really important.  I trade like I am going to the casino.  At the casino I don't walk in and put all my chips on 13 on the roulette table.  I portion it out.  If I have $300, I divide that into $100 chunks.  But I don't bet that whole $100 at one time.  I go to the craps table, place the minimum bets on the best odds that I can get.  If I lose a round, I have reserves to back up.  With my winnings I put them in my pocket and don't re-bet those.

Funny, that's exactly what I do. Put down that $300 on 13, and you have a 1 in 37 chance of leaving with $10,800. Bet $5 over and over again until you either lose all your money or you get above $10,800, your odds are far higher that you lose all your money. Plus it's a big waste of your time with little entertainment value.

[gewure]

BTCUSD   79.0   $5.7160   -$24.70   -5.469%   -$0.07

red red wine

[gewure]

BTCUSD   103.0   $5.5994   -$73.16   -12.685%   -$0.17

im dancing bull limbo of death - how low can you go?(without getting zhoutonged)

[edit]

some call it cathing the falling knife; lately i think i aquired some skills in doing so, without getting hurt. downtrends end, when the knifes are falling the fastest.

[adamstgBit]

BTCUSD   103.0   $5.5994   -$73.16   -12.685%   -$0.17

im dancing bull limbo of death - how low can you go?(without getting zhoutonged)

idk like 5-10%?

your so getting zhoutonged

[gewure]

BTCUSD   110.0   $5.5558   -$79.35   -12.984%   -$0.17

i deposited more btc in order to do better risk management. my observations on the market -still- tell me this correction from 7.2 will be over very soon. meanwhile i catch the knifes low. see you at >5.5$

[Oldminer]

BTCUSD   79.0   $5.7160   -$24.70   -5.469%   -$0.07

red red wine

 

[gewure]

zhoutonged @ 4.375  

-27 BTC

.(

seriously.. from 6 to 4.2 in 4 days?!  - 42% ?! either we are all zhoutonged or your ppl are panicing.

anyway, my precious speculation basis is gone. feels like the drop from 3 to 2.

[M4v3R]

I told you this position was dangerous back in January... 

[gewure]

i knew it was.

i just didn't calculate such a massiv drop into the calculation. also partly cause of (i suspect s3032 manipulation) super bullish candle out of the nowhere, invalidating the downtrend and supporting my position.

also i underestimated the panic selling. truely, ppl are like mad sheep. if it drops 20% they shit themselfs and sell until it drops another 20%.
i was on the brave losers side. could have taken prices up to $4.4 - but $4.3 was to much.

bad day for me, bad day for bitcoin.

[sgbett]

i just didn't calculate such a massiv drop into the calculation.

If you are going to 'trade' bitcoin then you should start from a position of assuming there is going to be a massive drop/spike and work from there imho.

[gewure]

look at my historic positions: i was suspecting a  short-term movement above 6.2 and a sideway trend. happened, but i wanted it to go higher, cause it looked like a correction with a double bottom at 5.5 and 5.2 at that time. both have been broken HARD the last 4 days. people panic selling even more ... well you know the story.

i would have been fine until 4.4 .. but this volatility is to much. to much manipulation in the market, to much herd movement, to much 'random noise'.

[gewure]

sry, i forgot. my position after the zhoutong:

BTCUSD   12.9   $4.3276   $3.44   6.161%   -$0.01[/color]

how i am feeling:

[waspoza]

sry, i forgot. my position after the zhoutong:

BTCUSD   12.9   $4.3276   $3.44   6.161%   -$0.01

What is your new zhoutong price? Because if u used leverage, you may get owned again.

[gewure]

sry, i forgot. my position after the zhoutong:

BTCUSD   12.9   $4.3276   $3.44   6.161%   -$0.01

What is your new zhoutong price? Because if u used leverage, you may get owned again.

5 minutes before you posted i sold most of the coins.

[edit]
net loss was 87%[/color] of 32 bitcoins.

CURRENCY ACCOUNT
USD   $2.95832
BTC   ฿3.50739005
TRADING ACCOUNT
Margin Balance   $19.19
Tradable Balance   $191.89
Leverage   10.0 : 1
Unrealized P/L   $0.00
Unrealized Swap   $0.00
Net Value   $19.19
Maintenance   $0.00

[waspoza]

sry, i forgot. my position after the zhoutong:

BTCUSD   12.9   $4.3276   $3.44   6.161%   -$0.01

What is your new zhoutong price? Because if u used leverage, you may get owned again.

5 minutes before you posted i sold most of the coins.

Good move. Its too dangerous to go on leverage when couple of guys can shake the market. Bitcoin needs to be way bigger for it to be safe.

[gewure]

yeah, 87% loss, nice move  

really, i have no idea if the price goes up or down at the moment