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/biz/ - Business & Finance

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16351445 No.16351445 [Reply] [Original]

Why did you start trading on Bitmex, anon, only to lose all of your money?

>> No.16351470
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16351470

I mean just trade the trend on low leverage and it's hard to lose money.

>> No.16351473

>>16351445
Pretty much

>> No.16351481

>>16351470
This anon is right but people somehow are are incapable of doing this.

Bitmex degens find 5x lvrg low so...

>> No.16351500

I lost ton of shit on this fucking gambling casino but last two weeks I generate some bucks follow downtrend and use 10x

>> No.16352023
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16352023

>>16351481
Leverage turns 10% bitcoin moves into 30% moves which is insane.

If you want to trade something on high leverage to scalp trade forex.

Lower fees, basically a move every hour.

It's great.

>> No.16352160

>>16352023
Interesting, how do you scalp?

>> No.16352175

>>16351470
Yup. I think my total leverage is around 2.5 right now.

>> No.16352178

>>16352023
10% is 100% on leverage stupid

t. lost a bunch trading btc on margin

>> No.16352198
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16352198

>>16352178
It depends on what leverage your using lol.

>>16352160
You trade the range in forex. Look at the pound yen chart, it's fucking crazy. 1 pip trading 1 lot is worth 1 pound.