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Crypt_Current

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Shame on everything; regret nothing.

Quote from: Hawker on May 03, 2013, 12:41:38 PM

I'm having a weekend break in Amsterdam and it seems the Bitcoin world is all excitement with prices all over the place. I'm on 2207.46779757 Bitcoin and zero cash which is OK given that I was on 97 Bitcoin on Monday. I think the bank holiday will kill liquidity on the markets over next few days. Not sure if I should sell and wait for price to fall hard by Tuesday or stick to small steady trades.

sell alot please :-D thanks for the journal

Hawker

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I'm having a weekend break in Amsterdam and it seems the Bitcoin world is all excitement with prices all over the place. I'm on 2207.46779757 Bitcoin and zero cash which is OK given that I was on 97 Bitcoin on Monday. I think the bank holiday will kill liquidity on the markets over next few days. Not sure if I should sell and wait for price to fall hard by Tuesday or stick to small steady trades.

Hawker

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Quote from: 1Pakis on May 02, 2013, 02:55:01 AM

Quote from: Hawker on May 01, 2013, 06:40:00 PM

Picked up another 2 Bitcoin. This bouncing about makes it fairly easy. Still only trading with the 97 stake I peeled off for day trading. Its getting tempting to start trading all 2205 Bitcoin.

Don't do it.
Read "The Disciplined Trader" again and understand money management.
Risking 5% of you money (BTC) at any one trade is about ok. I would suggest to split that ~100 BTC to 2 or 3 chunks.
Just think How many BTC you mine and how many you get on top of that by trading with just 5% of you holdings.
Risking(trading) all your BTC will be very stressful and you probably going to burn them.
I thing you are doing very well.

Yes - you make a good point. Perhaps 3 days trading is not a sufficient track record Tongue

I'm enjoying it though. Listed 105 for 126.99 now in the hope of buying back for 123.99 later and picking up another Bitcoin.

1Pakis

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Quote from: Hawker on May 01, 2013, 06:40:00 PM

Picked up another 2 Bitcoin. This bouncing about makes it fairly easy. Still only trading with the 97 stake I peeled off for day trading. Its getting tempting to start trading all 2205 Bitcoin.

Don't do it.
Read "The Disciplined Trader" again and understand money management.
Risking 5% of you money (BTC) at any one trade is about ok. I would suggest to split that ~100 BTC to 2 or 3 chunks.
Just think How many BTC you mine and how many you get on top of that by trading with just 5% of you holdings.
Risking(trading) all your BTC will be very stressful and you probably going to burn them.
I thing you are doing very well.

Hawker

legendary

Activity: 1218

Merit: 1001

Quote from: Odalv on May 01, 2013, 06:53:42 PM

2200 btc are welcome. If you fell "I can lose them" DUMP them all.

a) you will buy them at $70 (this week) ... a lot of fiat (same amount btc)
b) you will buy them at $210 (next week) ... (1/3 btc ... still enough)

There are other options. Like accepting that we don't have a clue where the market will be in an hour let alone a week and trading accordingly.

Odalv

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2200 btc are welcome. If you fell "I can lose them" DUMP them all.

a) you will buy them at $70 (this week) ... a lot of fiat (same amount btc)
b) you will buy them at $210 (next week) ... (1/3 btc ... still enough)

Hawker

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Picked up another 2 Bitcoin. This bouncing about makes it fairly easy. Still only trading with the 97 stake I peeled off for day trading. Its getting tempting to start trading all 2205 Bitcoin.

Hawker

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Picked up 3 more Bitcoin today in the wild bouncing about.

Still clueless as to what is moving the market...

Hawker

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My sale of 97 Bitcoin for $139.89 went through. I've bought 100 for $134.99 so after commission I have 2199.89226034 BTC and $0.64549.

It looks like the price is happily bouncing between $130 and $140 for last few hours. I've put 99 on the market for $137.9.

Odalv

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Quote from: Hawker on April 30, 2013, 05:18:14 PM

Quote from: Odalv on April 30, 2013, 04:36:01 PM

Quote from: seleme on April 29, 2013, 07:29:56 PM

you don't hang out with friends or anyone else when you are daytrading bitcoins Grin

I do not daytrading bitcoins ( :-) until they go too faaaaast ). I place bid/ask orders (range 30% between bid/ask and more) based on my Excel (do not use emotion ... not more :-) )

How's that working for you? I'm debating if I want to go to bed with the 97 Bitcoin @ $139.89 offer outstanding as I could wake up with a lot of fiat and Bitcoin in the $150s. I'm also brooding on how to make a proper bot for this.

Based on idea "When price doubles then sell 25% of your stash" -> you are never out of bitcoin, you can/will realize profit an enjoy it or re-buy bitcoins. (just set-up your GOAL -> WHAT YOU WANT )
https://bitcointalksearch.org/topic/m.1968247

Hawker

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Quote from: Odalv on April 30, 2013, 04:36:01 PM

Quote from: seleme on April 29, 2013, 07:29:56 PM

you don't hang out with friends or anyone else when you are daytrading bitcoins Grin

I do not daytrading bitcoins ( :-) until they go too faaaaast ). I place bid/ask orders (range 30% between bid/ask and more) based on my Excel (do not use emotion ... not more :-) )

How's that working for you? I'm debating if I want to go to bed with the 97 Bitcoin @ $139.89 offer outstanding as I could wake up with a lot of fiat and Bitcoin in the $150s. I'm also brooding on how to make a proper bot for this.

Odalv

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Quote from: seleme on April 29, 2013, 07:29:56 PM

you don't hang out with friends or anyone else when you are daytrading bitcoins Grin

I do not daytrading bitcoins ( :-) until they go too faaaaast ). I place bid/ask orders (range 30% between bid/ask and more) based on my Excel (do not use emotion ... not more :-) )

Hawker

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Activity: 1218

Merit: 1001

Quote from: fitty on April 30, 2013, 01:28:59 PM

Quote from: Hawker on April 30, 2013, 01:26:31 PM

My buy order was fulfilled and after MtGox commission I have earned the princely sum of .42226034 Bitcoin profit and have $$3.94781 to boot.

Placed the 97 for sale again for $139.89. We seem to be bouncing around in the $130s so I'll try to get another half Bitcoin this evening.

Nice job!

Thanks Fitty. Not sure I am doing it right as I suspect that if gets to 139.89 it will cross $140 and I will be left waiting around for hours again. But at least its fun :-)

fitty

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Quote from: Hawker on April 30, 2013, 01:26:31 PM

My buy order was fulfilled and after MtGox commission I have earned the princely sum of .42226034 Bitcoin profit and have $$3.94781 to boot.

Placed the 97 for sale again for $139.89. We seem to be bouncing around in the $130s so I'll try to get another half Bitcoin this evening.

Nice job!

Hawker

legendary

Activity: 1218

Merit: 1001

My buy order was fulfilled and after MtGox commission I have earned the princely sum of .42226034 Bitcoin profit and have $$3.94781 to boot.

Placed the 97 for sale again for $139.89. We seem to be bouncing around in the $130s so I'll try to get another half Bitcoin this evening.

farfiman

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Quote from: Odalv on April 29, 2013, 05:39:18 PM

Quote from: Hawker on April 29, 2013, 03:18:05 PM

Quote from: Odalv on April 29, 2013, 02:44:32 PM

...snip...

LOL 0,6% for GOX when you sold and 0,6% when you will buy. ... are you sure you will make profit ?

I'll make 1 BTC. Its not much but the stake I am playing with isn't much either.

BTW
2100(2003) btc ? ... there is no more than 11,000,000/2,100 = 5 238 people in the world with this amount.

He is in the Vladamir's Club

Hawker

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Quote from: notme on April 30, 2013, 01:13:16 AM

Quote from: Hawker on April 30, 2013, 01:02:29 AM

BTCE is selling Bitcoin for a lot less than MtGox. In fact, for less than the buy order I have outstanding at MtGox. Were it not for the old "If it looks too goood to be true, it is too good to be true." saying, I'd cancel the MtGox order and get 100 or so Bitcoin on BTCE.

This forum is full of people who are natural arbitrageurs. How come this discrepancy exists?

Fiat's a bitch to move.

If that's the only reason, I'll try to upload funds to BTCE this week and see how it goes.

EDIT: You were not kidding notme. The only way for me to add funds is OKPAY. OKPAY's fee is 1% and BTC-E fee is 2% for a total of 3% on a deposit! MtGox also charges 2% for withdrawals. No wonder BTCE appears 5% or so cheaper all the time.

notme

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Quote from: Hawker on April 30, 2013, 01:02:29 AM

BTCE is selling Bitcoin for a lot less than MtGox. In fact, for less than the buy order I have outstanding at MtGox. Were it not for the old "If it looks too goood to be true, it is too good to be true." saying, I'd cancel the MtGox order and get 100 or so Bitcoin on BTCE.

This forum is full of people who are natural arbitrageurs. How come this discrepancy exists?

Fiat's a bitch to move.

Hawker

legendary

Activity: 1218

Merit: 1001

BTCE is selling Bitcoin for a lot less than MtGox. In fact, for less than the buy order I have outstanding at MtGox. Were it not for the old "If it looks too goood to be true, it is too good to be true." saying, I'd cancel the MtGox order and get 100 or so Bitcoin on BTCE.

This forum is full of people who are natural arbitrageurs. How come this discrepancy exists?

seleme

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Duelbits.com

you don't hang out with friends or anyone else when you are daytrading bitcoins Grin

Topic: Trading Log (Read 3513 times)