Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22380. (Read 26609293 times)
March 18, 2015, 11:58:59 PM
March 18, 2015, 11:39:38 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.
Yeah you're right, I'm all out of margin now. Moving to storage and taking a break for a while, good luck and happy trading everyone
Was it 20x or 10x? 20x is scary shit which I still dabble in here and there.
March 18, 2015, 11:28:12 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.
Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x.
Don't you lot understand how bad it is that there are as many longs now as there were when this drop started.
Not familiar with okcoin was going by finex. Believe they require 30% to open and 15% to margin call minimum. Honestly I am a perplexed why more didn't close. On one side it's good as they have fatter margins hoping for more mature traders who know what they're doing but on the other side there's still potential of them getting squeezed causing a domino effect
He clearly says he had 5btc margin called on futures.
All it means is there is going to be a huge amount of resistance going back up as these people who have been looking at their negative p/l for days or weeks sell off. The whole rally was built on margin and now we're 50 bucks down with the same amount of margin longs. Put it this way, I'd put a higher weighting on visiting $220's before we see $290's again.
March 18, 2015, 11:07:36 PM
I finally decided on what yacht to buy..
This is it:
Benetti Yachts | Italian Excellence Since 1873. Splendid handcrafted design. High performance.
Designed by Lorenzo Benetti in collaboration with William Starling Burgess and Archibald Logan.
This is it:
Benetti Yachts | Italian Excellence Since 1873. Splendid handcrafted design. High performance.
Designed by Lorenzo Benetti in collaboration with William Starling Burgess and Archibald Logan.
March 18, 2015, 11:00:49 PM
March 18, 2015, 10:59:43 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.
Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x.
Don't you lot understand how bad it is that there are as many longs now as there were when this drop started.
Not familiar with okcoin was going by finex. Believe they require 30% to open and 15% to margin call minimum. Honestly I am a perplexed why more didn't close. On one side it's good as they have fatter margins hoping for more mature traders who know what they're doing but on the other side there's still potential of them getting squeezed causing a domino effect
March 18, 2015, 10:53:18 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.
Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x.
Don't you lot understand how bad it is that there are as many longs now as there were when this drop started.
March 18, 2015, 10:48:48 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.
Yeah you're right, I'm all out of margin now. Moving to storage and taking a break for a while, good luck and happy trading everyone
March 18, 2015, 10:48:25 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.
March 18, 2015, 10:40:22 PM
March 18, 2015, 10:36:22 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.
March 18, 2015, 10:34:18 PM
March 18, 2015, 10:29:05 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
March 18, 2015, 10:27:30 PM
is crypto done? 
March 18, 2015, 10:21:46 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses?I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.
Feeling sick, worst loss in my 3 years of trading bitcoin
https://www.okcoin.com/future/blastingRecord.do
I feel like I was just a drop in the ocean today..
March 18, 2015, 10:16:22 PM
If it was an attempt at squeezing longs think it's safe to say that so far it's a failure (to my surprise as well was expecting more closed longs)
March 18, 2015, 10:16:10 PM
Well, I only lost 15 bitcoin today...
that not good. Did you sell to realize those losses? March 18, 2015, 10:12:50 PM
Well, I only lost 15 bitcoin today...
March 18, 2015, 10:06:33 PM
March 18, 2015, 10:01:27 PM
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