BTCUSD 103.0 $5.5994 -$73.16 -12.685% -$0.17
im dancing bull limbo of death - how low can you go?(without getting zhoutonged)
[edit]
some call it cathing the falling knife; lately i think i aquired some skills in doing so, without getting hurt. downtrends end, when the knifes are falling the fastest.
Topic: Gewures disclosed position - page 3. (Read 5695 times)
BTCUSD 79.0 $5.7160 -$24.70 -5.469% -$0.07
red red wine
red red wine
Money management is really important. I trade like I am going to the casino. At the casino I don't walk in and put all my chips on 13 on the roulette table. I portion it out. If I have $300, I divide that into $100 chunks. But I don't bet that whole $100 at one time. I go to the craps table, place the minimum bets on the best odds that I can get. If I lose a round, I have reserves to back up. With my winnings I put them in my pocket and don't re-bet those.
Funny, that's exactly what I do. Put down that $300 on 13, and you have a 1 in 37 chance of leaving with $10,800. Bet $5 over and over again until you either lose all your money or you get above $10,800, your odds are far higher that you lose all your money. Plus it's a big waste of your time with little entertainment value.
OMG I SOLD
SELL SELL SELL SELL SEL!!
..2 coins
BTCUSD 78.0 $5.7228 $15.18 3.401%
SELL SELL SELL SELL SEL!!
..2 coins
BTCUSD 78.0 $5.7228 $15.18 3.401%
i'm green again
BTCUSD 80.0 $5.7276 $5.46 1.191%
BTCUSD 80.0 $5.7276 $5.46 1.191%
nothing changed, exept that my unrealized winning turned into a unrealized loss.
BTCUSD 80.0 $5.7276 -$12.15 -2.651%
[EDIT]
Calculated Zhoutonging-Price:
4.141089
BTCUSD 80.0 $5.7276 -$12.15 -2.651%
[EDIT]
Calculated Zhoutonging-Price:
4.141089
sold some 31 pseudo coins
BTCUSD 80.0 $5.7276 $14.44 3.152%
CURRENCY ACCOUNT
USD $8.78625
BTC ฿24.61719714
TRADING ACCOUNT
Margin Balance $154.23
Tradable Balance $1,228.50
Leverage 10.0 : 1
Unrealized P/L $14.44
Net Value? $168.67
Maintenance? $18.33
BTCUSD 80.0 $5.7276 $14.44 3.152%
CURRENCY ACCOUNT
USD $8.78625
BTC ฿24.61719714
TRADING ACCOUNT
Margin Balance $154.23
Tradable Balance $1,228.50
Leverage 10.0 : 1
Unrealized P/L $14.44
Net Value? $168.67
Maintenance? $18.33
BTCUSD 90.0 $5.7512 $4.08 0.789%
market now behaves again as it should behave
[EDIT]
CURRENCY ACCOUNT
USD $8.78625
BTC ฿24.61719714
TRADING ACCOUNT
Margin Balance $154.19
Tradable Balance $1,164.24
Leverage 10.0 : 1
Unrealized P/L $13.99
Net Value? $168.19
Maintenance? $20.70
market now behaves again as it should behave
[EDIT]
CURRENCY ACCOUNT
USD $8.78625
BTC ฿24.61719714
TRADING ACCOUNT
Margin Balance $154.19
Tradable Balance $1,164.24
Leverage 10.0 : 1
Unrealized P/L $13.99
Net Value? $168.19
Maintenance? $20.70
i'm beeing ironic..
i had buy-orders all across from 6.2 to 5.0, and now im stuck waiting for prices higher than 5.8
i had buy-orders all across from 6.2 to 5.0, and now im stuck waiting for prices higher than 5.8
the price was not supposed to drop to this level without going higher afterwards
LOL...what the hell does that mean? They were not supposed to?
Well it looks like (with the price coming down) I managed to stay solvent longer than the market remained irrational
Wait...
Wait...
exáctément mon ami!the price was not supposed to drop to this level without going higher afterwards :>
there_are_no_orders_in_my_orderbook_that_mean_loss
..only temporarily no winning
never forget: market coordinates TIME and INTEREST. its just a matter of time.
Well it looks like (with the price coming down) I managed to stay solvent longer than the market remained irrational
Wait...
Wait...
everything i have on bitcoinica has been previously won. if i get zhoutonged (which i think is unlikely, maybe 30% chance) i have lost my whole invest, yes.
BTCUSD 111.0 $5.8024 -$24.62 -3.822%
BTCUSD 111.0 $5.8024 -$24.62 -3.822%
yes, if you want..here it is:
Margin Balance $137.93
Tradable Balance $110.66
Leverage 10.0 : 1
Unrealized P/L -$62.45
Net Value? $75.47
Maintenance? $25.76
Margin Balance $137.93
Tradable Balance $110.66
Leverage 10.0 : 1
Unrealized P/L -$62.45
Net Value? $75.47
Maintenance? $25.76
Money management is really important. I trade like I am going to the casino. At the casino I don't walk in and put all my chips on 13 on the roulette table. I portion it out. If I have $300, I divide that into $100 chunks. But I don't bet that whole $100 at one time. I go to the craps table, place the minimum bets on the best odds that I can get. If I lose a round, I have reserves to back up. With my winnings I put them in my pocket and don't re-bet those.
Do the same thing with trading. In this hopefully you have some indicators that tell you when to go long or to go short.
So much for everyone telling us to liquidate.
True, patience does help
But I learned to my cost that too much patience can burn. I'd recommend defensive play where you avoid these pickles in the first place. Define your stop-loss.....ALWAYS.
So much for everyone telling us to liquidate.
lol
its just my position
its just my position
Ouch, well it's always a gamble. Go big or go home.
Maybe he's really short at the moment and is hoping to push the price lower as someone tries to "liquidate" him? LOL
Maybe he's really short at the moment and is hoping to push the price lower as someone tries to "liquidate" him? LOL
Maybe his position is so small it would take way more to liquidate him then you could gain from it. Not to mention the lack of starfish that indicates all it would take to save him is for a bull to decide to buy.
Maybe he's really short at the moment and is hoping to push the price lower as someone tries to "liquidate" him? LOL
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