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3522896

Anonymous Mon Sep 18 03:30:25 2017 No.3522896 [Reply] [Original]

>tfw just successfully traded with 100x leverage

fuck this is addicting

>>	Anonymous Mon Sep 18 03:33:56 2017 No.3522917 >>3522896 >addiction Yep, you will fuck up

>>	Anonymous Mon Sep 18 03:53:48 2017 No.3523063 >>3522896 on which exchange can you use 100x leverage? Is it just me or on bitfinex you can only get a 3.33x leverage?

>>	Anonymous Mon Sep 18 03:56:55 2017 No.3523080 >>3523063 bitmex you filthy degenerate good "luck"

>>	Anonymous Mon Sep 18 03:59:29 2017 No.3523094 >>3522896 can you explain to me how this works? how much money do you have to front? if say i wanted to go long ETH with 100x t.brainlet

>>	Anonymous Mon Sep 18 03:59:32 2017 No.3523096 degenerate, i like it, what did u trade OP?

>>	Anonymous Mon Sep 18 04:01:07 2017 No.3523106 >>3522896 as long as your stops are tight and you're entry timing is perfect you're sound mate.

>>	Anonymous Mon Sep 18 04:12:46 2017 No.3523191 >first omg google pic comes out >larp that i asap ×100 on 233k >goes to 295k >mfw Next time im doing it for real

>>	Anonymous Mon Sep 18 04:16:23 2017 No.3523214 >>3523094 Lets say you have 1btc, you can buy 100btc on 100x leverage However, if you lose 1%, you will get a margin call and they will take you btc if you go up 10%, well done you just turned 1btc in 11btc in a few hours

>>	Anonymous Mon Sep 18 04:19:55 2017 No.3523242 >>3523214 but if it goes down 20% will they only take my whole BTC? i wont owe 20 BTC?

>>	Anonymous Mon Sep 18 04:21:15 2017 No.3523252 >>3523242 You get margin called at 1%, it never gets to -20%

>>	Anonymous Mon Sep 18 04:21:40 2017 No.3523257 >>3523242 Sure anon heres 99 BTC dont worry about paying it back

>>	Anonymous Mon Sep 18 04:21:52 2017 No.3523261 >>3523242 yes

>>	Anonymous Mon Sep 18 04:24:06 2017 No.3523276 >>3523242 this is why you never go all-in with such high margin, it's a deathwish. use less than half of your collateral

>>	Anonymous Mon Sep 18 04:25:38 2017 No.3523285 Nice I didn't see this pump coming had to close for a $299 loss

>>	Anonymous Mon Sep 18 04:27:43 2017 No.3523295 >>3523252 so all bets are off when the commodity in question drops 1%? if i leverage myself 100 x and it goes down 20% how can they take what i dont have, i've only put down 1 btc in this scenario? do i just owe them or do they call it off at -1%?

>>	Anonymous Mon Sep 18 04:29:49 2017 No.3523319 >>3522896 I made so much money on 20x and then lost it all, over and over. You forget when to stop

>>	Anonymous Mon Sep 18 04:31:47 2017 No.3523328 >>3522896 yep, you will 100% lose everything if you continue to trade with such high lev >>3523295 they liquidate you before you cant pay

>>	Anonymous Mon Sep 18 04:31:54 2017 No.3523329 File: 44 KB, 657x527, coolpepe.jpg [View same] [iqdb] [saucenao] [google] >>3523252 >>3523295 HURRR MAYBE IF I ASK SAME QUESTION TWICE ANSWER WILL BE DIFFERENT

>>	Anonymous Mon Sep 18 04:32:17 2017 No.3523333 File: 66 KB, 480x511, 1504017102059.png [View same] [iqdb] [saucenao] [google] >>3523295 They'll chase you up using the details you registered on the exchange with. Too much of a risk desu.

>>	Anonymous Mon Sep 18 04:32:55 2017 No.3523340 >>3523191 You can't 100x shitcoins

>>	Anonymous Mon Sep 18 04:36:11 2017 No.3523357 File: 385 KB, 1873x823, bm.png [View same] [iqdb] [saucenao] [google] thanks OP. you just got me into this gamble will be rich or fucked

>>	Anonymous Mon Sep 18 05:24:15 2017 No.3523616 Isn't what you do literally gambling?

>>	Anonymous Mon Sep 18 05:32:13 2017 No.3523660 >>3523616 Not to be "that guy" but define gambling

>>	Anonymous Mon Sep 18 05:33:26 2017 No.3523669 >>3523660 taking a risk for potential gain?

>>	Anonymous Mon Sep 18 05:35:46 2017 No.3523687 >>3523295 Margin call means put in more BTC to maintain your position, if u can't they sell ur position and u lose ur 1 BTC with the price going down only 1%

>>	Anonymous Mon Sep 18 05:54:55 2017 No.3523784 i lost all margin trading with 3x leverage

>>	Anonymous Mon Sep 18 05:57:33 2017 No.3523799 I'm interested in margin trading but I live in burgerland

>>	Anonymous Mon Sep 18 06:05:59 2017 No.3523843 >>3523669 >taking an unpredictable risk for potential gain or loss? FTFY

>>	Anon !VQKJgiezS6 Mon Sep 18 07:42:44 2017 No.3524469 Bump

>>	Anonymous Mon Sep 18 07:44:57 2017 No.3524486 File: 57 KB, 800x750, spurdo.png [View same] [iqdb] [saucenao] [google] >tfw just successfully crossed the Autobahn and didn't get hit by a car fuck this is addicting

>>	Anonymous Mon Sep 18 07:45:16 2017 No.3524489 >>3523257 lmao. this is how you know this is a bubble. bunch of 14 year olds trying to be wolf of wall street.

>>	Anonymous Mon Sep 18 07:50:50 2017 No.3524527 >>3524486 My new favourite expression

>>	Anonymous Mon Sep 18 08:22:13 2017 No.3524764 I'm pretty sure risking losing it all on each trade is pretty much a surefire way to, well, lose it all. Well, i guess you will be able to boast that you only did one bad trade in all your career, which will be true :DDDDD

>>	Anonymous Mon Sep 18 08:23:39 2017 No.3524774 >>3524764 Wait, is that what they meant by "trading is like gambling" and "people tend to lose everything in the first 90 days" ? So when they called certain types of trades "gamblers", it wasn't a flowery metaphor.