Jump to content


Photo

Bitcoin trading.....


  • Please log in to reply
22 replies to this topic

#21 RenascentMisanthropy

RenascentMisanthropy

    Guru

  • Atomican
  • 9,691 posts
  • Location:Perth

Posted 14 November 2017 - 05:19 PM

 

Unfortunately it doesn't work like that ... if you don't have the equity to match the market as the unit price drops it basically takes all your money and then kicks you out

"but, but.... it'll recover" said every gormless gambler who lost everything they had whilst maintaining firm belief that the rally would happen very soon

 

 

Like i said, if you don't have the equity in your trading account to match the margin as the price drops and you hadn't been smart and set a "stop loss", it takes all your money and kicks you out of the position.

 

I'm taking the hit as a learning experience, I watch those videos "5 most common trading mistakes" and I'm seeing that that's what I did. I think in future I'll keep my margin around 10-15%


Edited by RenascentMisanthropy, 14 November 2017 - 05:32 PM.

Slycake i7 6700 + cyrorig r1 ultimate, asus z170m-plus, 16gb corsair 3200, evga gtx 970 4gb, 256gb m2 sammy pro, 1tb sshd, corsair cs650m.


#22 Jeruselem

Jeruselem

    Guru

  • Atomican
  • 14,033 posts
  • Location:Not Trump-Land

Posted 15 November 2017 - 07:13 PM

U think you have to detach yourself from the emotions, think long term. Expect short term corrections I guess.

Having trouble with A [?]OS11.1?

 

2018 FIFA World Cup Russia - Australia in but Italy, Chile, Netherlands, USA = FAIL.


#23 RenascentMisanthropy

RenascentMisanthropy

    Guru

  • Atomican
  • 9,691 posts
  • Location:Perth

Posted 19 November 2017 - 08:47 AM

U think you have to detach yourself from the emotions, think long term. Expect short term corrections I guess.

 

Yeah, I've been reading that. Don't make decisions based on emotions. Be patient.


Slycake i7 6700 + cyrorig r1 ultimate, asus z170m-plus, 16gb corsair 3200, evga gtx 970 4gb, 256gb m2 sammy pro, 1tb sshd, corsair cs650m.





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users