Topic: Bitmex for noobs - Leveraged Trading. Longs and Shorts! - page 8. (Read 2879 times)
Expecting 8300/8350 then a retrace down to 8k. Everything is mega overbought right now.
Had longed 8k and was sweating bullets as I DCA'd down to 7.8k. Definitely paying off now. Seeing 8.3kish as the next target here after a small retrace.
Thinking an 8050/8k bounce to maybe 8.3 again.
Whew was I wrong! No trade zone right now. I'm thinking maybe 8.4k then down, but who knows at this point.
This continue test of 7.8k is scaring me a bit. 2h, 4h, and daily are all curving down, we'll see how high it goes.
I have 2 months already working on this exchange and first lost a lot in liquidation. But it taught me a lot and now I take the shoulder maximum X10 and put a stop loss! Is there someone here who does day trading on this exchange? Are you good?
Investing with big leverage is not really for newbies and you need a lot of skill to succeed in that form. I have also invested in Bitmex with leverage over x10 and the results are quite good but recently when the market was volatile I was no longer involved in this form of investment.
Good 7800 rejection. Next stop is 7.5k or 7.2k I think.
Close enough to 7.6k I think thats it. Maybe 7.5k again then 7200 as a retrace.
7.6k might be the next stop. 7.8k looking somewhat doubtful.
Another good day. Basically my strategy the last two days has been to find good entry points and then set smaller orders up to $100 passed that point. Even when I miss the entry really bad, it's eventually retracing way passed each one and I've done pretty well. Will likely get caught in one one of these times, but hoping this continues for sure!
Still following this strategy. I think the next move will be 7.8k, but plenty of money to be made before that.
Longing 7200 here I think.
Another good day. Basically my strategy the last two days has been to find good entry points and then set smaller orders up to $100 passed that point. Even when I miss the entry really bad, it's eventually retracing way passed each one and I've done pretty well. Will likely get caught in one one of these times, but hoping this continues for sure!
Beautiful day with all the swings. 7300 is a bit of no trade for me, might see what direction it goes.
Welp I got mega boned on today's pump as I was still in the short. Unfortunate, but it happens. Lost about a week of earnings, time to get back to it. Shorting from 7500 here.
Stuck in a 6500 short but fairly sure it's going to retrace at some point.
Retest of 6.3k then the run to 6.5k I think.
Yes, I think now the price will rise to 6500, then again down to 5800. It's great to make both ways!
Another great day today. Find the resistance points and play between them. Still think a 6.5k retest is coming.
it seems this platform is perfect for trading who want to learn to become a reliable trader and expert. you should do the trading with a little capital first to be able to train your rescience after it is felt very easy to be able to gain profits then can increase your trading capital.
Got pretty lucky and managed to profit on the quick downswing and then flipped to a long and caught this up swing. Super good day today. I think we'll see a retest of 6200 then back up for a bit, maybe 6.5 or something. We'll see how it goes, but definitely leaning long after a small retrace.
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