Put in 50x short and I nearly cant stand this

Retarded gambler.

There hasn't been any fomo !
If BTC doesn't dump soon flaccid support line will become rock hard! cause real fomo

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>he shorted during a bullrun
wow
i don't know why people ever think this is a good idea

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Maybe its gambling but I fucked it up anyway. I dont want to reaccumulate my losses over the next month, I want to quit wagecucking slavery fucking fast as possible

Topkek We are dumping RIGHT NOW, your TA is just wrong

WE ARE GOING DOWN GOD THIS FEELS SO GOOD

You shorted during a dip. You're fucking retarded

Post proof larper

Post the trade faggit larper

pamp eet

>Maybe its gambling but I fucked it up anyway. I dont want to reaccumulate my losses over the next month, I want to quit wagecucking slavery fucking fast as possible

You don't seem to consider the eventuality that you may lose it all. What will you do when that happens?

You're using the word "thrill" strangely.

we haven't even retested 9.7k yet

>shorting in a bull market

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No we're not?
Shorts were just squeezed TWICE in the last hour

>Sold a volatile asset because it dipped
holy shit you deserve to have nothing

7k was the dip, I shorted the pennant at 8.9k
with 20x leverage and got liquidated for 90% of my portfolio
serves me right for trusting ta bullshit though
shorting at 8k though is pretty silly
>bull market
>hasn't broke the 11k resistance yet
we're still in a downtrend and I think we'll see close to 11k before hitting 7k again and maybe even sub 6k
>You don't seem to consider the eventuality that you may lose it all
ah the essence of gambling
you leave your future self to pick up the pieces whilst you recklessly aim for the high stakes
t. degenerate

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This.

I dont think much about it, its possible though.

Im less worried now, we are only going sideway atm, there is no buy pressure.

Watch out OP we are pumping

Nah, we wont go above 9400, even if biztards still think we are in a "bullrun"

I wasn't planning on liquidating shorts today, but because of this post I'm going to because I don't like your attitude. Have fun being poor

>he thinks there's a market that's not manipulated
>he's just parroting a meme without any personal experience
>is such a novice that he doesn't believe resistance is a real thing

Fuck you guys are retarded. Don't talk about TA if you're that stupid. It kills it for newfags who are smarter than you are and can actually apply the knowledge correctly.

>he traded a chart pattern (pennant) without knowing it's success rate on the particular coin he traded (btc)
>he's an inexperienced trader but decided to over leverage with his entire portfolio
>blames TA and not his own brainlet IQ

God you're fucking retarded. Please just shut the fuck up. However on second thought you serve as a warning so yeah keep posting.

OH NOOOOOOOO

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long x 50 since 7k, i love it

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No break through 9.4k just like I told you

Nice, cash out now bro

Jesus Christ OP was right. Im beginning to believe that guy and open a short too

>Resistance at 9.8
>liquid at 9.5

topkek. Every green candle kinda scares me right now but your stupid larp post just makes me giggle and confirms that I cant be wrong

>Pump it

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This, what a fucking moron

The 9.8k resitance I mentioned is midterm, of course my 50x positon is only short term. I will wait for the dump and cash out, short term 9.5k is unbreakable

how do I actually get better at trading and understanding the market?
that 90% loss was enough to make me realise I have no fucking idea what I'm doing
I know I'm moderately to severely disaled so should I just end it?

Keep telling yourself that

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Hahaha you lost everything you arrogant faggot, kys

I already told you in the thread you made, just dont trade. Find some nice lmc coins, dyor and hodl

just fucking buy btc or eth (OR Link if you want to be rich) and hodl it you utter fucking retard, and if you have to be a gambler like me, go 2x when something like 6k happens (you are to late for that, never below 9k again)

You are trading in a sideways environment where the trend is still being developed... Trading right after the end of a trend is always very risky, try to implement good risk management and you'll be fine in the future. I think 20x long is better when you call a top or bottom, like 6700, as it is almost a guaranteed successful leverage play

>its 9387 rn

Op are you ready?

By studying and learning. That 90% loss was ridiculous. Did you even think before you did that? You understand that if you won, you'd just be building bad habits and would have lost it all eventually? Margin trading with a room for error of 0.5% is extreme, don't you think? Not to mention with basically your entire portfolio.

The most important thing you need to learn is trader psychology and risk management. That will take you far. I'll post a bunch of links. Sort through them and find what appeals to you. You need to develop a trading strategy and then stick to it. Yes you will lose sometimes, but that's why you have stop-losses. The goal is to have your winner be more than your losers. If you find a good strat, you can have a high winning %.

Here's a bunch of shit:
stockcharts.com/school/doku.php?id=chart_school
libertylifetrail.com/education/learntrading/
cabafx.com/trading-ebooks-collection/newpdf/
drive.google.com/drive/folders/0B9b4K-iw1yCoZmVobm8wcHNIS2s
drive.google.com/drive/folders/1V2pv-644Onc5ES780WqqKwUcBe8UItPr
drive.google.com/drive/folders/0B1s-Y597iYjabW5rZklPTzlpcmc
dropbox.com/sh/3y4tx4bssv6zm9v/AAC-o_C-q3jT-0flTFC5o_Lxa?dl=0
docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/preview

You're probably thinking. Wow user's that a lot of shit. Yeah it is, don't worry about trying to absorb it all. Give it a scroll through and pick what you like. At least this way you have the resources at your disposal (and that goes for anyone lurking too).

Do this entire course before reading anything:
babypips.com/learn/forex

It's a fantastic tool to get you acquainted with the basics of everything. Work through at least 1 section a day. Write notes like you're in school and then go apply it to a chart. If you don't have trading view, get it. Or coinigy.

add me on telegram and I'll give you a PDF from a $90 course. @jasongenova

>educate yourself
if you are not in for the gamble and nothing else youre dead inside

Thanks

wat

Also there are some good youtubers out there. Philakone get's a lot of shit for being a dramatic basedboy on adderall, but his educational videos are very professional and he delicately walks you through how to apply his methods. Ignore the elliott waves. His RSI, MACD, EMA, FIB, Risk management videos are great. If you learn how to use those the way he does, you will make successful trades. As a matter of fract that EMA strategy is fantastic. You could honestly trade only that and do well. I frequently look at every single coin on binance and the gains you could have made using that strat are huge. Here's a link to the indicator: tradingview.com/script/yVkBJafY-Moving-Averages-FIB/

You can also just use CM super guppy, they're basically the same thing.

Now I'm not saying that this is the only or best way to trade, but what I am saying that this is a great starting point to branch out from. Also do NOT trade on lower time frames like philakone does. That is for experienced traders. I can not stress enough trading on daily time frames. That is where the least noise is and the indicators will actually be accurate. Even fucking BTC will follow the basic tenets of the most pleb indicators if you're on the daily chart. That is your safest bet.

Play money on bitmex, enter retarded high lev positions with expendable capital, while exercising intelligence and discipline outside of it on other exchanges. Win-win brotha

In addition to this, Technical Analysis of the Financial Markets is also a good starting point or supplementary material if you do the babypips forex course.

why did you stop posting op
are you busy crying?

assuming one position = max 10% of balance then risk adjusted leverages are close to following :

then
forex 2-4x
stocks 2x
stock indecies 2-3x
commodities 2x
crypto 1x (all other than btc have history of 99% flash crash wiping out all leveraged positions)
crypto btc 2-3x

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Just like when I opened the position lol?

Keep posting guys, this crazy rollercoaster is making me nervous, god I just want to get my losses back and make some profit on top

I unironically hope you are the guy that posted his shitty TA comparison to 2015 and get raped hard for your memelines

>edJEWcate

if you were to use 5x or larger leverage your long term mad dd risk of ruin is close to 100%. with win rates lower than 50% it is certainly 100%. with win rates 60-80% probably 90% or higher

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Someone on twitter worth following is Steve Burns. twitter.com/SJosephBurns

This guy is a veteran trader and frequently posts links to articles on his website that cover trading psychology. I printed many of them off and had a phase where I would read them every day. Now I've internalized it and don't feel the need, but it's a great way to program yourself.

One quote I like from someone else: "My goal is not to catch every move, or even half the moves. I only have one goal, which is for the account to grow each and every week. If I only make one trade the entire week and it's profitable, then I am succeeding as a trader."

Over trading is bad.

Absolutely, great book.

You're revenge trading. If you escape this, withdraw all your money from bitmex. This is so reckless.

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If this works out I promise I will never do margin trading again. Also nice posts user

Im here the whole time and price is the same when I opened the short so what are you even talking about?

>thinking that forex and equities markets are the same as crypto

if this continues leverage fees will eventually kill you op

you made me going short too now lol. but im not crazy so only 5x

fomo into losing money?
what?

Fees are crazy with 50x indeed. But Im still optimistic and gonna wait at last another hour from now

Good luck user, we are in this together, who wants to join us?

Im calling McAfee, this cant be happening to our beautiful baby

yolo trade, I kinda like the idea of making money together with OP live in this post. He would make A LOT more though

Srsly OP
Its hit 400
SEVEN times in last few hour
Close your shirt or liquidated

Yeah OP might be better off just closing, taking his loss and shorting from a better entry. Right now we have an bullish engulfing candle on the daily.

>good day bog, another short.
>paump et. Liquidate them all.

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i made the same short as OP with 1 btc

wish me luck

>cant even break 9.4k
>its a sign that we will pump!

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>cant seem to stay below 9k despite many attempts by bears

lol you're gonna get rekd if youre not long this thing rn

can you imagine having to fuck either one of these

for 2MM I would let both of them fuck me as long they want

I will never not laugh at gambling fags admitting to their stupidity.

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truth has spoken

Srsly market manipulation is dead fucking easy for any swinging dick with 100mil to blow. Dont go more than 5x tops and even that is fucking nuts. Theres no need unless you have a 3k poor fag stack and even then just enjoy your 300k in 2 years.

Kneepad grill, what's your endgame with that trip on here?

no u guys are stupid

Trust me user, you are about to get royally fucked if you dont close your position.

Good luck user, no there are 3 of us.

Come on bears, I will ride this mofo for 1 more hour now

GL OP, seems to be dropping now

Mi lord, order 66

How nervous are you now?
Let me see your short buddy

>9.8k resistance
Those walls by the way, yeah that's me
I'm not sorry for what I'm about to do
You make a post begging for my forgiveness after I liquidate you and I'll shoot you 1/100th of what you lost

You know what, for shits and giggles, if you beg for forgiveness within the next hour I won't ruin you
Your choice user. Is your pride worth it?

I invested in more Eth at 380. I think I'll just sit on my comfy gainz if you all don't mind

This seems eerily familiar.

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that was me too, good times

I'm losing my patience. I know you're reading this user. Ask yourself if it is fucking worth it

I keked

With the drop Im now P/L 0/0 with this position again. Seems like this will be the most boring end of a position ever lol. Still half a hour to go

>Still half a hour to go
Perfect.

youre lucky it didnt pump

How big is your position OP?

WE ARE DUMPING JESUS
OP = GOD