Leverage can be chosen according to the risk capacity of each person. Kindly go through my live paper trading just completed. You will get answers for all your queries.
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Topic: Check Out my Bitcoin Hugging Strategy!!! - page 2. (Read 546 times)
I've read these kind of strategy somewhere in discord groups I guess. Too risky to do that. 100x leverage isn't safe. And supposedly for example, bitcoin goes down and you have a profit from your short entry but you were liquidated from your long entry. Then you will lose bigger and you won a little.
Yes, we have to take a risk if we want to become successful but if it will not work that strategy often times.
Yes, we have to take a risk if we want to become successful but if it will not work that strategy often times.
I have given an example to make it more clear with 1 btc. You can trade with small amounts. Also i have opened a live paper trading.
Thanks for reply.
Thanks for reply.
There is nothing wrong with Martingale Strategy if you are allowed unlimited entries.
If you so much believe in your so called strategy that will end up making lots of traders cry their ass out, especially when you advised they trade with 2btc, you would have even asked them to try with like 100 dollars and see if it would work.Your strategy really does not hold much weight and I will advise you do better by posting proof of your trades and winning here on both side for proper verification, not just an assumed strategy you woke up with suddenly, thinking it will gain ground and passed into law. Do you really know what martingale strategy is used for ? It is used for betting and will be disastrous when applied to trading too.
You do not need a big amount for this strategy, plan according to your total capital. Also i have posted a paper trading which is live now.
Thanks for the reply.
Thanks for the reply.
Even if this strategy could be implemented (it's not really mindblowing btw, lots of small time forex scalpers swear by this) with a huge ass bankroll, I don't think you'd find an exchange willing to take those orders. Can't remember the term but forex brokers call it a direct hedge. Banned by most brokers back then, surely Bitmex would have limited it, especially on margin.
Course it works, until it doesn't.
Course it works, until it doesn't.
There is nothing wrong with Martingale Strategy if you are allowed unlimited entries.
Thanks for the reply.
Thanks for the reply.
Thanks for the comment.
With all due respect, your so called "strategy" has the potential to hug nothing but an empty wallet.This is simple martingale, that was proven false in early 20th century.
All you do is a promotion of mathematically and logically incorrect system, based on fraudulent (in nature) multi-account mechanics.
That's of course just my humble opinion, any one is free to follow whatever he wants, however consequences of tricks or hacks are unavoidable and those nobody can choose, they will follow regardless.
Yes..you can use indicators for breakout or dump signals, in order to reduce the risk level.
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Thanks for the comment.
I would rather trade the most likely outcome using TA and manage my RR ratio to keep my losses small which is a far superior system IMO. Your method would give me anxiety attacks. 
Exactly.. you should plan according to your total capital. Because the price moves sideways, so keep reserves for re-entry. You can try with small amounts. Also there is no need of evidence. We all know trades will be favor and unfavor, if its unfavor go for next trade and make the net profit green.
Thanks for the comment.
Thanks for the comment.
This is literally a painful thing for those who have low amounts of mental strength. But it is worth the try and see if it can bring in some profits. But doesn't this need a bit of a large investment for you to start? or does the initial investment depend on which amount you start with?
Hope this strategy is not just theoretical because it would have been nice if you can provide evidence of the gains you have made from the this strategy you are advising people to implement dude.
No skills are required in this strategy, just enter trade and leave. Let the market decide, because you are live in both directions. Also you can try with small amounts.
Thanks for the reply.
Thanks for the reply.
ok
That will be good only if you have skills in watching the price moves. But I don't think that every trader can do that as we don't have the same skills as you. Besides that, you are using 1 bitcoin which can give you a big option to make the profit, and I don't think that it will be the same if we are using less than 0.1 btc because the amount of the profit will be different too.
But your strategy is worth to try, and you set a good price to exit the market.
But your strategy is worth to try, and you set a good price to exit the market.
I choose bitmex because it will not directly affect the price of bitcoin, whether you go long or short. I do not used bots on bitmex. Also it provides great leverage and a reputed site too. Do not worry about my wallet balance it is none of your business. Those who realize the real potential of this strategy will do.
Thanks for the reply.
Thanks for the reply.
Yes i have traded with real btc. Losing trade is adjusted with winning profit.
Thanks for the comment.
Thanks for the comment.
Of course you do. As follow up to @Bitinity question, how much did you lose or gain using this strategy? Why did you choose Bitmex over all other exchanges? You trading using bots? I'm assuming you do in manually, what time of the day you usually short? I check the donation address, still empty
.had been shared up.
I would say this would work but if the market moves sideways then expect for a waiting game.
Yes i have traded with real btc. Losing trade is adjusted with winning profit.
Thanks for the comment.
Thanks for the comment.
Of course you do. As follow up to @Bitinity question, how much did you lose or gain using this strategy? Why did you choose Bitmex over all other exchanges? You trading using bots? I'm assuming you do in manually, what time of the day you usually short? I check the donation address, still empty
.
Yes i have traded with real btc. Losing trade is adjusted with winning profit.
Thanks for the comment.
Thanks for the comment.
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