Topic: Bitmex/Derebit Tips - How to not lose your house and maybe even make some money (Read 2628 times)
January 26, 2019, 01:29:27 AM
Pretty nuts how much this is tightening. I'm terrified of a $300 candle, but tempted to short 3650
January 24, 2019, 04:30:28 AM
I was try margin on Bitmex platform by use 5x leverage but iam not lucky in 3 first open potition my open order touched stop loss, and since that iam decided to quit from that. For beginner trader is better try it with leverage lower than 5x to reduce risk of margin trading, is better make small profit but consistent.
January 24, 2019, 01:18:24 AM
Serious no trade zone. Going small scalps with tight stop losses because anything could happen here.
January 19, 2019, 03:05:27 AM
Didn't get 3550. Honestly this is scary. Everything is tightening up. I'm playing small scalps with tight stop losses. Might go big long at 3500 but who knows.
Bitcoin can go either way at this point so it is very risky to trade on Bitmex now. Even if you trade, make sure that you do not use large leverage and try to play with stoploss so that in case of unexpected movement of bitcoin, you are not liquidated.
January 19, 2019, 01:27:40 AM
Didn't get 3550. Honestly this is scary. Everything is tightening up. I'm playing small scalps with tight stop losses. Might go big long at 3500 but who knows.
Don't know if you frequent the Bitmex trollbox but with the 98% of bears that post on there it leads me to believe that we are in an inverted head and shoulders and the $3550 or the $3500 area might hold and we might go higher.
I dont think we will see ATH anytime soon but I bet there is tons of shorts from the $6K break or even the $5500 break and the market probably wants to wick them out and cause a short squeeze while trapping longs in the process.
January 19, 2019, 01:03:35 AM
Didn't get 3550. Honestly this is scary. Everything is tightening up. I'm playing small scalps with tight stop losses. Might go big long at 3500 but who knows.
January 18, 2019, 12:49:12 AM
Forgot to post but so much for being stuck at 3980! Great profit. I'm looking at 3550 then up right now.
January 07, 2019, 01:12:24 AM
Ouch. Nutty candle. I'm stuck at an average of 3980 but I'm EXTREMELY nervous for Bitfinex maintenance in 4 hours. Not sure what I'm going to do yet. Would love to close this ASAP.
January 05, 2019, 03:57:35 PM
Too hungover to trade last couple days! I'm shorting 3900 here if it gets there. Would love for it to drop out of the sky to 3200 and start the new bull run.
January 01, 2019, 07:48:25 PM
I'm really liking Deribit so far. Not having system overloaded problems completely changed my trading strategy for the better.
December 31, 2018, 01:04:42 PM
Taken a bit too long to hit 3700. Might move it lower. Possibly looking for 3620 now.
December 30, 2018, 01:25:12 AM
Didn't quite get 3650. Bummed. Might look for 3700 now cause I missed it.
December 29, 2018, 01:25:27 PM
Triangle is really tightening up. I'm really hoping for a 3650 but not sure.
December 28, 2018, 04:15:21 PM
Feelsgoodman. Profit at 3900. Sitting out for a bit. This is unpredictable as hell right now.
December 27, 2018, 11:12:13 AM
Took profit at 3770. Indicators needed a reset. Might try to relong at 3700.
December 26, 2018, 01:26:47 AM
Got in at 3720. Holding this until 3900 I think.
December 23, 2018, 02:23:51 AM
yes there seems to be a lot of price play and a lot of bitcoin price manipulation happens there so you should be able to be careful when you want to trade in an exchange place, you should first investigate how to work at the exchange.
December 23, 2018, 01:05:33 AM
Need to do a better job updating this! Been getting used to Derebit and not having to worry about system overload, has definitely altered mytrading strategy!
The long at 3250 was great, but took profit WAY too early. Currently playing swings. Possibly looking for a relong at 3650ish.
The long at 3250 was great, but took profit WAY too early. Currently playing swings. Possibly looking for a relong at 3650ish.
December 17, 2018, 02:06:30 PM
Was able to DCA down and just took a hefty profit at 3430. Expecting a bit of a retrace.
December 13, 2018, 02:13:10 PM
Took a bit of a hiatus. Bitmex cracked down on US users and the uncertainty of it made me pause a bit. I'm still using Bitmex a bit, but had to make new accounts.
I've switched primarily to Derebit (https://www.deribit.com/reg-4025.4455 for 10% off fees!). The fees are less there and there's no System Overloaded crap. However, the volume is much lower so it takes some getting used to.
Looking to long 3320 here.
I've switched primarily to Derebit (https://www.deribit.com/reg-4025.4455 for 10% off fees!). The fees are less there and there's no System Overloaded crap. However, the volume is much lower so it takes some getting used to.
Looking to long 3320 here.
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