Here's a case study for a long trade on BitMex.
BitMEX Case Study: Swing Trading "Long" on BitMex #1
https://www.bitcoincasestudies.com/case-study/trade-bitcoin/bitmex/swing-trading-long-on-bitmex/
Case Study Parameters
For this case study, we will initiate a swing trade long on Bitmex. The trade will be placed when our indicators show that the trade is likely to be profitable with a high risk:reward (R:R) ratio. The indicators used for this trade will be StochRSI and volume. Basic candle structure will also be taken into account, as well as the position of the Bitcoin price in comparison to the most recent high. The goal of this case study is to show how a profitable swing trade long can be successfully done, using a relatively basic trading strategy that anybody can follow.
Exchanges
If you don’t already have some Bitcoin to trade with, you can purchase Bitcoin on Coinbase, Coinmama but moving forward, we will be doing some experimenting with the Cash App for our bitcoin purchases.
For trading, we are using the BitMex platform primarily for all of our leverage-based trading strategies. The reason for this is because Bitmex is not only the most well-known and popular exchange that offers leverage but also because they have far and away the most volume out of all the other exchanges that offer leverage. This means liquidity is usually not an issue. Also, their exchange is stable and has never once been hacked or lost funds. Furthermore, the Bitmex UI is intuitive and easy to learn, and also offers by far the most leverage options out of any exchange, all the way up to a maximum of 100x leverage, although it is generally not recommended to use 100x. We will in the future perform case studies involving highly-leveraged trades to study their profitability and potential strategies involving higher amounts of leverage.
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Read more at http://bitcoincasestudies.com
Topic: [ANN]Bitcoincasestudies.com - Case Studies on how to Earn Money using Bitcoin (Read 119 times)
January 23, 2019, 11:27:28 AM
January 22, 2019, 08:10:50 PM
Hello everyone!
We are a group of crypto nerds on a mission to conduct high-quality research on how You can earn money using Bitcoin through trading, mining, investing, and more.
We spend the money and take the risk to conduct research ourselves, producing real results. Sometimes we make money, and sometimes we don't, so that the reader can make better and more educated decisions. We take losses on your behalf so you don't have too.
If you want to see how money can be made trading, investing, mining, and more, then please feel free to visit our website:
https://www.bitcoincasestudies.com/
Currently we have 5 case studies live. More coming soon!
If you enjoy the content we provide, then please share our website and your favorite case studies with your friends, or use one of our affiliate links on the website to support us!
We are a group of crypto nerds on a mission to conduct high-quality research on how You can earn money using Bitcoin through trading, mining, investing, and more.
We spend the money and take the risk to conduct research ourselves, producing real results. Sometimes we make money, and sometimes we don't, so that the reader can make better and more educated decisions. We take losses on your behalf so you don't have too.
If you want to see how money can be made trading, investing, mining, and more, then please feel free to visit our website:
https://www.bitcoincasestudies.com/
Currently we have 5 case studies live. More coming soon!
If you enjoy the content we provide, then please share our website and your favorite case studies with your friends, or use one of our affiliate links on the website to support us!
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