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/biz/ - Business & Finance

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14419873 No.14419873 [Reply] [Original]

My short position is still open
I am down -10%
I am about to cry

>> No.14419880

>>14419873
with leverage?

>> No.14419894

>>14419880
Yes. 4x.

>> No.14419921

>>14419894
You’ll be fine. It will top out at $12.5k then dump to $9k

>> No.14419926

>>14419880
that was a mistake

>> No.14419935

>>14419894
>>14419926
meant for you

>> No.14419957
File: 24 KB, 617x188, CHROMIA-LOGO-Rounded-RGB.png [View same] [iqdb] [saucenao] [google]
14419957

>>14419873
Anyone know where I can long Chromia?

I already am in deep, my CDP is nearing liquidation at 280 ETH

>> No.14419965

>>14419873
>leveraged day trading
noob.
Just buy and HODL.

>> No.14419969

>>14419894
You're fucked mate

>> No.14420154

if this isn't going to dump I think I am will just kill myself

>> No.14420171

>>14419873

>what is a stop loss

>> No.14420181

>>14419873
If you aren't getting liquidated at 12500, hold it. You'll be fine

>> No.14420205

>>14420154
>I think I am will just kill myself
Good idea, Reyansh

>> No.14420287

how come you didnt short when it was going upwards $12000+? and you instead short when the candle goes red fast?

>> No.14420346

>>14420287
i am dumb

>> No.14420362

>>14419894
margin, when?

>> No.14420374
File: 166 KB, 1920x1080, 105341737-5ED3-FM-bitmex-ceo-071918.jpg [View same] [iqdb] [saucenao] [google]
14420374

*short squeezes you*

Nothing personnel kiddo

>> No.14420403
File: 3 KB, 115x61, bitmeeeeeeeEEEEEXXXxx.png [View same] [iqdb] [saucenao] [google]
14420403

get good noob

>> No.14420812

>>14420346
Hey man I'd close that short if I were you. I'm long since 11k.

>> No.14420865
File: 61 KB, 938x884, chrome_2019-06-28_12-44-33.png [View same] [iqdb] [saucenao] [google]
14420865

What is your timeline?
If you can hodl a couple of weeks you will see a nice dip to ~9k. (MA8)

What price would you be margin called?

>> No.14420960

>>14420865
14k or so i get liquidated
I entered at 10800

>> No.14420967

>>14420960
fuck

>> No.14421323

>>14420960
TL:DR: you made a mistake.
That is a very risky trade anon.

There is momentum behind this bull run which is a very bad thing for you.
And you are shorting in a asset which confirmed an uptrend since May.

Your best case would be a stop loss.
(not a margin call lol ) at $14050.
And a take profit 1 at MA8 ( ~$9900 ).

But that risk reward from $10800 is just retarded. like 0.25...
which in birdspeak is as they call it... retarded.

If the unlikely thing happens and this confirmed uptrend turns.
Then your best case senario is around $6500-7000.

Which is still only a R/R of 1.3...

>> No.14421407

>>14421323
I know it was dumb, I expected it to fall to 9k$, hoped to make quick buck, that's why 4x leverage.
turned out I overestimated, as I am dumb. I am usually a HODLer and I always made profits off that.

I will just stay strong and hope for a red candle to break even.

>> No.14421421

>>14419873

>Shorting bull market

Why do you do this?

>> No.14421441

>>14421407

This is going to kill you as it has killed so many shorters before you. Right now it's only 10%, but it'll quikly become 50% and liquidate you.

>> No.14421456

Its over $12000 now. A massive pullback, maybe a continued runup further than 14k where it dipped

>> No.14421679

>>14419873
Why are people still shorting? Just a few weeks ago some guy posted here, begging whales to drop bitcoin, very convincingly claiming that he'd kill himself if it hit 9k. It did. Mods deleted two threads because he kept reposting it before eventually issuing a ban. Did bears see that drama and want in on it?

>> No.14422108
File: 116 KB, 1553x857, brave_2019-06-28_14-50-18.png [View same] [iqdb] [saucenao] [google]
14422108

>>14419873
I pray for you anon, I know the pain making stupid trades...
Thing is you get better with each hahaha...........

srs, we may have an intermediate downtrend.
Look to break (or get out without being physically hurt) within the next week.

>> No.14422126

>>14419873
cut your losses and get into SNTVT. you'll be happy you did some july.

>> No.14422505
File: 1.43 MB, 1280x720, Sayori_After_Story_2018-02-04_20-41-41.png [View same] [iqdb] [saucenao] [google]
14422505

>>14419873

>> No.14422999

>>14419873
Elise a cute, but that Summer Laegjarn... GOD FUCKING DAMN IT I WANT THOSE MILKIES

Why are 2D brown girls so based, when 3D brown girls are so much worse than the other 3Ds?