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Topic: Bitmex for noobs - Leveraged Trading. Longs and Shorts! - page 2. (Read 2771 times)

member
Activity: 378
Merit: 28
I opened a short at 6315 and exited all my alt coin positions last night. This seems obvious to retest the lower 6000's again. Will keep an eye to see if anything changes my mind.
member
Activity: 728
Merit: 11
https://streamies.io/
This is an easy way to earn money and it will make you easily bankrupt. This is not the investment field, this is a game based on luck. So if you get too involved in this area, you will soon be owed a lot of money. I used to have a friend who owed more than $ 30k just because I was in the game for 2 months.
member
Activity: 378
Merit: 28
Fortunately got out of that pretty early. Now long at 6285.
member
Activity: 378
Merit: 28
Long at $6330 but will likely be a somewhat short one.
member
Activity: 378
Merit: 28
Great drop. Long here at $6400, not sure when I'll close.
legendary
Activity: 3808
Merit: 1723
Sometimes I wish I listened to my own calls. Currently short at 6520 rather than 6550 like I should be!

The way I see it, the most potential resistance is going to be $6800 area.

I think the bull trend is too strong to stop here. Look at the huge premium now for the future contracts, especially March 2019. Also we had positive funding a few times in the last few days.

With BCH, XRP also pumping like crazy, not a good time to short BTC in this area unless its a small scalp.
member
Activity: 378
Merit: 28
Sometimes I wish I listened to my own calls. Currently short at 6520 rather than 6550 like I should be!
member
Activity: 378
Merit: 28
6550 still seems possible, but 6420 seems to be a bit of a block. Scared to long here in fear of a quick 6050 drop. Sitting out tonight for sure.
member
Activity: 230
Merit: 10
I don't think Leveraged trading is a good idea for noobs , not even average traders , I think it's only for experts , It has high risk yeah it could be more profitable as the same time it could be more damaging , I haven't tried bitmex yet coz i dont think im and advanced trader yet!
member
Activity: 378
Merit: 28
Almost longed 6330 as things were looking juicy but felt too risky Sad

This still looks like it has some room to go. Maybe 6550?
member
Activity: 378
Merit: 28
Really wish I did 6215 instead of 6200. Missed the jump. Not sure what is happening next. I think it should have pumped higher so now I'm skeptical.
member
Activity: 378
Merit: 28
Glad I sat out. I think I'm targeting a 6200 long here.
member
Activity: 378
Merit: 28
Insanely boring last couples days. I'm betting on a quick drop then a climb ,but I have no idea when or how much.
member
Activity: 378
Merit: 28
Sitting out for a bit. Would like another long at 6325 or so. Or may short 6450.
legendary
Activity: 3808
Merit: 1723
How do you manage to enter or exit at the wicks? Do you use limit orders or do you want for some pullback or bounce. Basically ever since that last update that they did, the trading engine is usually overloaded and you can't get any trades in at all.

Basically its gotten so bad that you are better off just using another exchange and just base the trades on what is happened with Bitmex.
member
Activity: 378
Merit: 28
Took profit at 6425 and flipped to short. Likely a short term play.
member
Activity: 378
Merit: 28
Missed the wick unfortunately. Still long here, but may close early.
member
Activity: 378
Merit: 28
Boring day. Still looking at maybe 6500 to close this long.
member
Activity: 378
Merit: 28
Gonna hold this long for a bit I think. Maybe 6550 if I'm lucky.
member
Activity: 378
Merit: 28
Took profit. Looking for another long maybe at 6350.
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