And of course x50-100 is only for pros or for a very small part of depo. I prefer x5-10, i feel very comfortable)
Also agree with short now
Topic: Bitmex for noobs - Leveraged Trading. Longs and Shorts! - page 5. (Read 2771 times)
I agree that leverage trading is high risky but is also high rewarded if you are disciplined enough to follow your strategy and make a good analysis before every move.
And of course x50-100 is only for pros or for a very small part of depo. I prefer x5-10, i feel very comfortable)
Also agree with short now
And of course x50-100 is only for pros or for a very small part of depo. I prefer x5-10, i feel very comfortable)
Also agree with short now
Short at 7320
Many people say that Bitmex is risky. But it provides one of the best ways to trade short and profit is easy from declining prices. If you use it correctly then it sure reduces risk at a remarkable number. It depends what leverage you use. The higher leverage you choose the less risk you face. They offer both short and long leveraged trades up to 100X leverage. But I suggest you never use more than 25X. Because bankruptcy prices at high leverage stacks the statistical odds against a sure winning trade. The liquidation price and bankruptcy gap means you lose.
Closed at 7030 since I'm going to bed. Really unpredictable next ~12 hours. Feels like 6800 and 7150 are major breakpoints.
Shorting 7060
Took profit at 7k from a 6820 long. Sitting out to see where it goes next.
Long at 6820 right now.
Took profit at 6901. Reshorting 7080 I think, may change my mind.
Average entry is now 6950. Still hoping for a solid retrace. Another day of sideways movement though and I may just get out.
Well uh oh. Average entry is 6850 so not too happy right now. will add more to short at 7150, but really hoping we're done going up for now.
Living in this small range. I think we'll see a big wick up to maybe 6825 but it is dump from there.
Hit and took profit at 6670 to switch to long.
Shorting 6750 again hopefully
Leverage trading is a sure way to permanently lose everything
Shorting 6750
Took profit at $6500 but still think next move is up. Hoping to get a reentry around 6400
Been gone a couple days. The Bitmex going down and BTC pumping $500 1 minute later was hilarious.
I think I'm going long at 6375ish here. Really think we'll test 7k at some point but being very careful.
I think I'm going long at 6375ish here. Really think we'll test 7k at some point but being very careful.
Shorted 6500. Long now at 6250.
Man I really wish they changed this funding setup.
I currently got one hedge that I opened on Mex last week and lost almost 2% alone in the funding.
Didn't want to open a futures short because the premium wasn't there.
I currently got one hedge that I opened on Mex last week and lost almost 2% alone in the funding.
Didn't want to open a futures short because the premium wasn't there.
Bitmex trading is actually a gamble type. I have seen many friends of mine lost everything . Also in market now a days there are a lot fake paid bitmex trading group and people fall into it. Though i never did leverage trading.
Jump to: