/biz/ - Business & Finance

>>13881638
HOLY FUUUUUUUUUCK WHAT THE FUCKKKKKKKKKKKKKKK

Tell me more about this trade. I want to know everything.

>>13881638
fake
and
gaey

>>13881638
explain how cross works

>>13881638

My best Bitmex trade was during the crash in 2018 but I still got stopped out, kek.

>Short from 15k to 11~

If you remember there was a gigantic drop of like 3-4k+ in an hour, I shorted cross margin from the top and was pumping with adrenaline, stupidly closed the short and took profit so I'd have more to short with and then re-entered right at the bottom of the bounce. It bounced like 2k back up maybe 30 seconds after I entered the second short and wiped me out, then it continued to crash. I don't trade anymore now but my god, it was exhilarating, even if I got stopped out.

The chart looked like those Bizonacci DAMP EET videos. That's unironically how the chart looked as it happened. Just red and then the biggest green candle you've ever seen lol

>>13881762
>I shorted cross margin from the top and was pumping with adrenaline, stupidly closed the short and took profit so I'd have more to short with and then re-entered right at the bottom of the bounce.
my brother warned me about margin trading, saying your greed is your own worst enemy and can easily lead to severe losses
it's why my profits are lower, since I take less exposure on my positions by keeping my leverage at maximum x3

>>13881638
I use BitMax. Bitmex price swings too fucking much at some liquidation events. Also, you have to get in and out with the help of grandpacoin, which lately literally takes a day waiting for your tx to be incorporated into a block.

>>13881776
Does it beat this one?

>>13881821
Lmao forgot about this one

>>13881821
WHAT THE ACTUAL FUCK HOW IS THIS NOT ILLEGAL YET

>>13881797
Probably a good idea unless you're an actual trader that traded at a bank beforehand or something like that. I'm just a pleb that read some books on trading really, I don't have 20+ years trading experience etc, which is who you're competing with at the end of the day.
But I only traded with 2-3k anyway so I didn't break the bank and it was fun and I learnt a lot about controlling emotions, etc.

>That pic
Based

>>13881821
It looked like very similar to that yeah

>>13881821
man that was glorious

>>13881953
>I learnt a lot about controlling emotions, etc.
this is the real key to success, especially in this kind of marketplace
thanks for the breakdown on your experiences, hopefully some anons found something useful in your story, I know I did
cheers

>>13882315
No worries, have a good day bro

>>13881821
imagine being someone with a wicked buy order at like 1 dollar or less, jesus christ

>>13882397

>>13882535
Wew

>>13881814
How is BitMax? Are you fine with it? Liquidity etc.