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7862430 No.7862430 [Reply] [Original]

>Make bitmex account
>Start practicing using $15 usd
>Play with 100x leverage on bitcoin futures
>After a couple times of trial and error, trading $15 at a time, execute a well-timed buy-the-dip order at $10266/BTC.
>Wake up to 350% ROE.
>Realize when you buy on margin you're supposed to put the order in for more than what you have in the account
>mfw I realize my 350% gains is like 10 cents.

>> No.7862444
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7862444

>>7862430

>> No.7862471
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7862471

>>7862444

>> No.7862486

>>7862430
I still never understood why that shit isn't automated. Why do I have to calculate it myself?

Anyway.

I have a hypothetical strategy.
I'd like to open multiple positions. 1000$ on long and 1000$ on short with 10x.

I lose 1000$ or even manage to close it on time to get 500$ back. While the other position goes my way and I make most of my money back.

I understand that if I tried 100x ing with this strategy I'd still get fucked both ways when the green and red candles dance neck to neck.

>> No.7862535

>>7862486
If you try to do market-neutral trades on bitmex, it just closes your positions though. Putting $1000 long and $1000 short just makes you have close your long position.

>> No.7862629

>>7862535
What a garbage website.

>> No.7862648

>>7862629
Still, I could try to play around with multiple accounts.