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11895622 No.11895622 [Reply] [Original]

So, anyway... now that volatility is back, what's to stop me from just making synthetic straddles on bitmex and rake in free money?

>Go long and short BTC with reasonably tight stop losses
>Leverage whatever side has positive fees just a little more so you don't have to pay fees
>Sell the winning position on any major move as soon as it outweighs liquidation of the losing position
>Rinse and repeat

There's a 0% chance of a sustained sideways market right now

>> No.11895702

>>11895622
>what's to stop me
failing miserably

>> No.11895705

Also, anyone claiming that bitmex stops don't work, just don't trade 1 minute candles with 100x like a retard.

>> No.11895721

>>11895702
How would I do that?

>> No.11895767

>>11895721
if your plan is so great, stop talking about it and do it

>> No.11895802

>>11895767
Trying to identify potential risks first before putting money into a trade, as I am not a brain-damaged mongoloid

>> No.11895817

>>11895802
seems to me more like a dick stroking thread

>> No.11895841

>>11895817
I never claimed that you weren't a brain-damaged mong either

>> No.11895877

>>11895841
so execute the plan on a short term basis with a small position and measure the results. what you'll probably find theory is always different from reality but if you do succeed that'll be justification to increase your position. let the data test your theory not shitposters.

>> No.11895909

>>11895622
>There's a 0% chance of a sustained sideways market right now


uuuuuuh.....
actually it's pretty likely

>> No.11895955

the market is a mess now, people got their stops slipped and cry bitmex is a scam again

>> No.11895984

>>11895955
That's because they're shorting 1m candles with 100x leverage and setting their sell order 1 sat below the stop trigger

>> No.11896074

>>11895984
so stop talking about it and do it

>> No.11896086

>>11895984
you speaking from experience? I had 3% slippage on eth today

>> No.11896238

>>11896086
I never had those problems personally, but even if you lose a few %, if you're trading hourly candles it shouldn't be a problem when BTC moves 100$.

>> No.11896299

>>11895622
Let us know how that goes, champ.