Topic: Follow me trading :) (Read 12479 times)

I have never understood how the margin trading works, and as many people have never suggested it to me I was always afraid to try it as I couldn't understand how exactly that works. From the first screenshot that you provide i see a total trade amount of 2.4BTC which is good for a short time to trade, so it was all manually or automatically?

ETH, ETC, DAO... Don't get me wrong, but I have the impression that none of them are going anywhere. Hopefully I'm wrong.

The August is about to end and still we do not see any spike in the bitcoin prices. I must say that since the DAO attack Etherum has been divided into two chains ETH and ETC and this division is not giving full benefits to its Users and price is unable to fly like it was doing before the hack.

I think the Ethereum ETH price will rise a lot at the end of August when the market expect the DAO hacker is going to dump soon.

I also take big hit with shorting monero when it was pumped. Recovery will be slow but even bad days sometimes happend.

AMP is comming out soon, then this game https://bitcointalk.org/index.php?topic=957797.2100
Also i read Storj is going out to the market in fall, so those 3 are the ones that are going up ATM, donno if it's too late on AMP and Crystals already. Following communities, their chats, topics and reading is a way to go.

Currently im into a difficult situation with Monero, i shorted it to early, but this alone wouldn't be a problem if i had more funds later to short it in a right time again but since i was deep into ETH i couldnt do it. One stupid news in Monero about it being accepted on one dark marked triggered a PUMP which caught me out of guard. This is my lesson learned, i will never ever short any coin because you never know if the pump is comming along with a good news.
Anyway i will get out of this with a profit but currently it doesnt look good http://prntscr.com/ca5sax

Im reading so many different coins, and I lost track of this topic after couple pages. What OP recommend to buy now, don't talk about lisk and eth or etc, this are expensive coins. Is there some new coin with potentially good future? I'm not sure where to put money in which coin, there is so many and I didn't follow alt coin section for a while.
Clear question, is there any cheap coin worth to invest money? I'm not talking about fast earning, here is more about long term investment. At least 6 months or a year. Which coin you recommend for this kind of investment?

what do you think about lisk ?

Agree completely about Monero looking overbought here, although I quite like the tech behind it. I set up a short Monero, long Maid trade earlier today, so let's see how this plays out for me

I have made 20 btc profit on ETC, it is a great to buy ETC now, the white hat hackers funds are monitred and frozen when they try to dump in an exchange, same with hacker ETC also, the best way for hacker will be to wait for an year or more until there is ETC mixing services and cashout. ETH has reversed funds on blockchain and frozen/blacklist funds etc, same like what ripple did, and ripple crashed and price fell to 1/10th the price after few months. right now ETC is in floor price, i expect ETC to go to atleast 0.01 soon :-)

what do you think about lisk ?

Thank you for this points and I will be working more in applying this.

I love the "dont be greedy" part. I am one to talk because the greediness wont get away from me. When I see price increasing there is this thinking that it may increase more which is wrong always in my part.

Hi guys,
since i'm making quite nice profit from trading on Poloniex i have decided to make a blog/thread about it and post daily updates about my positions, success and loss.

I have around 15k$ (http://prntscr.com/byd0x7) in my account and i do daily margin trading. Some days i make 50$, some 400$, depending on how wild market is on that day.
I invest pretty conservativly and only in the currencies i believe will have a great future or at least bigger price then there currently is, this way if i get stuck by buying at a bad price i can wait and eventually get a profit since lending fees are so low. Also i don't use my maximum margin levels to stay out of danger, there is no need for this since i'm happy with 100$ daily. While trading on margin i hold altcoins that i believe will have a great future, currently those are ETH and Lisk, but also have some Sia which im planning to sell since their team seems too slow to me and their project turned out to be something completly different that i have expected.

Yesterday was a great day for me when ETC did chaos on the market i made around 0.7 btc. I made around 0.6 from trading ETH alone, but it's too much action to screenshot it i would need to use few screenshots. Will do it if you guys reqest.

Today is a slow day, nothing much happened, so there were low earnings
MAID http://prntscr.com/bycile

I'm "stuck" since yesterday on Ripple, i don't mind it, it wasn't this low for a long time and i'll wait for it.
http://prntscr.com/bycqbt
Ripple is healthy coin, got a lot going on and will surely get over my base price + some profit in a next few days.

Basicly from the current coins in margin trading on Poloniex i trade with ETH, MAID, Ripple and DASH, those are the ones i believe will have a future, not so sure about other ones.

What i have learned so far on trading:
Patience - you don't have to buy at that very moment and you don't need to buy with whole budget

Read news before entering the position on ever particular currency

Don't be greedy, take a smaller profit and get out of the position when the green candles look great, there will always be more opportunities.

Don't regreat missed opportunities and trades where you could have done better by staying longer in it because you don't even notice all the situations where you did good by shorting the position on time, you take it for granted.

Buy on dips, if there is nothing happening on the marked better wait and do nothing then buy expensive just to get entertained.

That's it for the first post i hope you guys will follow me to the moon or into bankruptcy

How about monero, I see it is rising a lot alongside with dash nowadays, maybe it will go up more.