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49743268 No.49743268 [Reply] [Original]

>open long at $21200 with $7000
>get liquidated at $20
>open a short to immediately profit off the dump pressure and get back my lost money with $14000 at $20550, this time with 70x leverage
>got liquidated at $20823

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>> No.49743295

>>49743268
>get liquidated at $20
Meant get liquidated at $20700
It's over I lost 50% of my folio in 15 minutes

>> No.49743396

>>49743268
>>49743295
KEK retarded gambler
Next time use 100x leverage, it will work out for sure

>> No.49743428

>>49743268
>Do what essentially amounts to gambling
>Surprised you ended up losing money

Greedy niggers get what they deserve.

>> No.49743678

>>49743268
HAHAHAHAHA, THANKS FOR PLAYING, NO REFUNDS.

>> No.49743719

what technical basics do I need before attempting to day trade gamble? Also does trading news work? If so which websites are best to get a reliable and fast feed? Which trading platform am I least likely to get robbed on? Pls help I wanna start gambling

>> No.49743738

>>49743268
Anon what the fuck? Why didn't you just short at 22-20k, and then long the local bottom at 20k? Jesus christ you do realize when you see the candle red that's time to LONG, right? Fucking hell man.

>> No.49744096

>>49743268
Okay so I didn't properly understand short and long trading positions before, but now I do after a little research so I came back to ask you.

Why the hell did you short at 20550?
The price has consistently dropped to mid 20k then bounced back up to 21, that's when you should be longing to catch the rebound, not shorting in the hope that it continues to go down.
I don't get it anon, I don't even do margin trading and I can understand this from watching the prices of BTC for the last week.

I really want to know why you shorted at 20550, like were you expecting a nosedive or something? Despite the fairly consistent sideways momentum between 20 and 21k for the last week?