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File: 233 KB, 1492x1240, Skærmbillede 2018-01-16 kl. 16.43.24.png [View same] [iqdb] [saucenao] [google]
6534976 No.6534976 [Reply] [Original]

How was your day, /biz/?

>> No.6535038

>margin trading in a wild west market
are you a gambler by anychance ?

>> No.6535058

>>6535038

Guess so.

>> No.6535119

>>6534976
how do you let that happen anyway? when I first went there I lost 60% in 3 days, but now I'm up like 6000% from there just using 1 to 3x.

>> No.6535123
File: 2.96 MB, 250x252, badgoy.gif [View same] [iqdb] [saucenao] [google]
6535123

>>6534976
>longing a bear market
goy...I
>>6535038
I margin trade regularly, but started on Forex and ETFs. 75% win ratio. Only retards like OP who dont know what they are getting themselves into give the method as a whole a bad name. Its even better in crypto since you cant go bankrupt.

>> No.6535133

>>6534976
lost alot too. woke up late and rushed to work. tripped on the mat and fell and banged up my knee. limped to my office and sat down. i ripped a fart and shit myself a little bit

>> No.6535148

>>6534976
Cool, how much did you lose?

>> No.6535166

>>6535119

Believed that 13K was strong enough support, and I didn't want to add to my margin anyway. Felt that if 13K didn't hold the bottom was sub 10K and I don't have sufficient BTC for that margin anyway.

>> No.6535222
File: 39 KB, 423x302, 1-orthodox-jews-21.jpg [View same] [iqdb] [saucenao] [google]
6535222

>>6535166
>being this retarded
A remotely sane person sees we are going to $9000; Everything on the order books rn is fake

>> No.6535281

>>6535222

I'll agree on that sentiment.

>> No.6535325

>>6535222

Agree, will hit 9k before 20k again, but not too sure on timeline.

and OP, trading crypto on margin is fucking dumb.

>> No.6535368

>>6535325

I agree, it's fucking dumb. Never again.

>> No.6535428

Where can I learn to trade on margin?

Also, I have no idea how crypto futures work..

>> No.6535446

>>6534976
what was your entry price?

>> No.6535478

And that's what you get for gambling on bitcoin.

>> No.6535505

>>6534976
>margin trading crypto

Nope

>> No.6535583
File: 37 KB, 374x421, 1344017098532.jpg [View same] [iqdb] [saucenao] [google]
6535583

>>6535325
No OP did a retarded thing. Dont blame the tools, the mechanic is the retarded one.

>> No.6535587

>>6535446

15900

>> No.6535591

Wat does that mean?
12400 contracts? Is that 12400 usd worth of bitcoins you had?
And whats a mark price?

>> No.6535632

>>6535587
you lost $370k ? assuming one contract is $100 just like in ok

>> No.6535879

>>6535632
1 contract is 1 usd on mex.

>> No.6535928

oh my bad
$12400
you were on 3:1 leverage?

>> No.6535958

>>6535591
yes it means op was long 12400 usd worth of bitcoin. mark price is based on stamp and coinbase and is the price you are liquidated on so nobody on mex can manipulate the market to liquidate you.

>> No.6535980

>>6535879
there was this guy that went long at $600 during the bear market of 2014, I think he got liquidated at $200, kept putting money in so he could lower his liquidation position. Last I saw him post said he was going to a psychiatrist and was planning to kill himself.

>> No.6536003

>>6535928
it was on cross leverage which means the op lost the entire account

>> No.6536027
File: 17 KB, 469x469, DAD3B9DE-83BE-4FBE-A4B6-08623FFDB29E.jpg [View same] [iqdb] [saucenao] [google]
6536027

>>6535133

>> No.6536075

>>6535980
this is why i only scalp. never baghold on margin imo

>> No.6536095

>>6536003

Correct

>> No.6536183

>>6536075
yeah, I tried margin trading back in 2015, lost like $3500, so never daytraded again.