But you’re poor user, how can we fix this issue in your life? I will lay out a nice plan for you to get rich in this very thread, user.
>get job
>make $1000
>take 1k put on bitmex
>never go above 3x leverage
$1000 on 3x leverage needs a 50 cent price fluctuation to get a 1% return
1% of $1000=$10
20 trades a day @ 1% gain=$200 a day
$200x7days a week=$1400
$1400 a week x 4 weeks=$5600 a month
Save.
Rinse.
Repeat.
Now enjoy a good life of a trader without having to work your life away
Your welcome user
So I hear you want to be rich user?
Cooper Carter
Connor Morales
Shit thread as usual, OP.
Asher Richardson
> also 5m or daily chart, your choice
Julian Ross
Y u mad faggot frusturatrd trader syndrome?
Levi Price
Stop bumping your shitty thread.
Anthony Sanchez
how the fuck is a 50 cent fluctuation at 3x a 1% return
Ryder King
Gambling is for degenerates.
Jaxson Evans
was just thinking that
Isaiah Smith
Lurker here, I'm studying this as a hobby and will probably start in a couple months. How much time would 20 trades per day take?
Does it require me to monitor constantly?
Would this be a good way for extra cash if I'm already working on a business outside finance?
Landon Perez
Are you a noob or just autistic??? 3x leverage go type it in the bitmex calculator dumb ass
Xavier Edwards
Yes it requires constant if you trade a 5m charts. Yes good for extra cash. 20 trades can take anywhere from 5-10 hours depending on your agressiveness/strategy
Andrew Diaz
>20 trades a day @ 1% gain=$200 a day
Everything about this post is retarded, but just fyi: sub 25k accounts are restricted by the pattern day trading limitations.. I know you're just a kid trying to be smart. Stop it
Matthew Robinson
CRYPTO YOU FUCKING DUMB FUCK HOLY CHRIST BIZ IS RETARDED
John Morris
Seems pretty safe I gotta admit...
At $3800, liquidation is $2500 - that's way beyond your average Bitmex BART
Even an insane drop to say $3000 would only be a 20% loss - more than if you dabbled in shitcoins
Cooper Moore
What happened to the last thread? Anyway, did we figure out if this method beats fees or not?
Nicholas Hughes
The only retard here is you for thinking this could actually ever work. Good luck consistently making 1% a trade inclusive of losers you fucking brainlet
Thomas Hill
Finally a smart person thank you user
Mason Turner
noob, please show me how 50c is 1% even with 3x leverage
Andrew Howard
Mods deleted it for the gif yes it works with fees
>bitmex fees are for this 3x multiplied by 1000 multiplied by 0.00075 multiplied by 2=4.50
Carson Price
Hold up, Bitmex calculator says a $1 movement is only 0.0263157894736743% profit at 3x
Did OP lie?
Samuel Wilson
Just shut your mouth you’re too retarded to be here you can literally go to bitmex open the calculator and see for yourself not holding your hand snowflake
Aaron Barnes
Why would OP lie to us like this
Hudson Butler
ETHEREUM YOU FUCKING TARD JFC
Adrian Rodriguez
>you're a tard for not knowing what I meant when I didn't provide the necessary information
David Collins
$15 move on a BTC is 1% do u want me to wipe your ass for you too babe??
Cooper Harris
Meh, you sound like a total wanker.
Avoiding this... fuck off
Ayden Butler
I forgot my apologies you autismo
Cameron Richardson
That’s what she said, stay poor idgaf lmao
Elijah Ross
It's funny how white zoomers are losing thousands on crypto when black dudes drive around in their Infinity Q60's they bought from CPN fraud lmao
Juan Flores
My bitmex account is a goner. Thanks Uncle Sam for the freedom I have over my money
Ayden Lewis
>in what reality is this nigger living
Benjamin Allen
Nice math, doesn't work
Brayden Miller
>black guy can’t understand basic math
Lmaoo
Levi Davis
you just had to say it was with eth
do u use stop loss?
Samuel Perry
Oh ok sorry I put a stop just for emergency serval dollars lower than liq but I never let it get close to triggering I just manually exit if things aren’t looking nice
Noah Baker
I'll try with 100 dollars since i've never used bitmex
any indicators or strategy that you like to use?
Jordan Reyes
That is up to you to forge, I don’t give out mine
Adam Allen
Actually I’ll tell you this, use two EMA a fast either 8,9 or 10 and use a slow 200
Mason Gonzalez
thx man i'm working on it
how long have you been succesful with this? did you make it already?
Jeremiah Perez
Not rich only got 20k started with 1k
Zachary Martinez
What about fees retard